One advantage of living in Bangalore, Silicon Valley of India is that you are surrounded by entrepreneurs as well as investors be it a microbrewery, cafe or restaurant.
Walk to DYU Cafe at Kormangala or Starbucks koramangala/Indiranagar or youngistaan indiranagar, you will see the action where a team is pitching to an investor or a team is working on building next million $$ startup.
I am an extrovert and like interacting, talking to people around me as a result i made small note on the matrix which can make or break your startup.
- Product market fit
- Business model
- Product pricing
- Burn rate
If you are a First Time Founder which 3 are the most import matrix for you?
The title has “first time founder” in it because you are most vulnerable to failure [unlike the experienced entrepreneurs ], which is not a bad thing. Its good to fail fast & move on.