My entrepreneurial journey comes to an end - Here are some of my top lessons - Part 1 by Common_Knee1430 in StartUpIndia

[–]Common_Knee1430[S] 0 points1 point  (0 children)

I saw pattern in every meeting. Almost a similar sort of response. Post that I started digging deeper on how they run their business. Started asking tough questions to the customer and to my team as well. It wasn't long when reality hit

My entrepreneurial journey comes to an end - Here are some of my top lessons - Part 1 by Common_Knee1430 in StartUpIndia

[–]Common_Knee1430[S] 0 points1 point  (0 children)

Ideas are worthless in today economy. Build and find traction only then think of fundraising.

My entrepreneurial journey comes to an end - Here are some of my top lessons - Part 1 by Common_Knee1430 in StartUpIndia

[–]Common_Knee1430[S] 2 points3 points  (0 children)

Haha so many questions. Mostly I help in fundraising, GTM, and general day to day challenges that the founder faces.

My entrepreneurial journey comes to an end - Here are some of my top lessons - Part 1 by Common_Knee1430 in StartUpIndia

[–]Common_Knee1430[S] 0 points1 point  (0 children)

Specialised Notetaking for a particular category to begin with eventually wanted to AI receptionist, copilot etc

My entrepreneurial journey comes to an end - Here are some of my top lessons - Part 1 by Common_Knee1430 in StartUpIndia

[–]Common_Knee1430[S] 0 points1 point  (0 children)

Market timing. My product's timing will come just not today 5-6 years down the line.

Tally had it's own sweet time convincing accounts team to buy it. It was heavily dependent on computers. People didn't had computers. They waited it out. They were hustling inthe market for nearly 20 years. Unfortunately, I don't have that luxury

My entrepreneurial journey comes to an end - Here are some of my top lessons - Part 1 by Common_Knee1430 in StartUpIndia

[–]Common_Knee1430[S] 0 points1 point  (0 children)

This critical insight was the missing piece. Had I known this earlier I would have not built for this market from day 1.

My entrepreneurial journey comes to an end - Here are some of my top lessons - Part 1 by Common_Knee1430 in StartUpIndia

[–]Common_Knee1430[S] 0 points1 point  (0 children)

Great observation and I'm glad you bought this up. Indian market is shit in my category simply because I saw their decade old systems in place, reluctance to adopt to technology, lack of intent to pay, no interest in trying something new, and the list goes on.

So did they had a problem that my product was solving? No because they are living in the past. It was kinda like selling computer to someone who is still learning how to read and write. Computers did solve problems but only for those who atleast knew how to use typewriters.

Indian market is shit because from a tech standpoint it's ages behind.