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Starting a startup

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Myhpage.in is an online portal wherein users can upload and maintain their personal webpage. It also have features wherein the recruiters can post for jobs in their organisation. There are other different sections about startups and emerging technologies for the tech savvy people. – PowerPoint PPT presentation

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Title: Starting a startup


1
Before Starting a Startup
  • Founded By Prakhar Abhishek,
  • Email id myhmpage_at_gmail.com
  • Contact Number 91 9913 672 648
  • Web Address www.myhpage.in

There is always a need to have social connection
of like minded people. Mind set of individual
is best reflected in the activities which he/she
carries out. MyHomePage.in is one such
platform which conceptualizes the idea to bring
together similar minded people at one place.
2
Background
  • Things to know about before going after your
    startups.  
  • Your business model and the co-founders with whom
    you will be working are your initial assets.
  • Now in order to take your startup to next level
    you need to go out to seek further funding
    whether thats from an angel investor, a venture
    capitalist or through a crowdfunding platform.
  • But before you do that make sure youve satisfied
    all the requirements of this checklist

The views express are the personal opinion of
author and is not endorsed by any
industry/organisation.
3
Business Model
  • Your first asset, it will contain all the
    business related information as mentioned below,
  • a). what is business all about.
  • b). The product and services you will work for.
  • c). The infrastructure you requires.
  • d). Any other specific detail you want to share
    about your model.

4
Financial Aspect
  • This is the natural part of your proposal. Be
    ready with the full spreadsheets covering
    following point
  • a). your projected costs,
  • b). sales and revenue,
  • c). profit margin,
  • d). growth rates,
  • e). break even  points,
  • f). acquisitions
  • g). whatever you think will affect your business
    financially.

5
Growth Model
  •  Dont stick only to the starting of your
    business.
  • The investors look into the long term perspective
    of their investment.
  • Have a detailed break ups of following years, a).
    first year,
  • b). first three year
  • c). first five year.

6
Market availability
  • Your model may or may not be unique in the real
    world. Your model may be good in theory but you
    need to prove that its practical.
  • Do some research and show some number between the
    need and viability of your product/service.
  • If your model is already well established in the
    field, tell about what you are going to do
    different.

7
Past Experience
  • Tie up with people who are experienced in the
    field. Their maturity and understanding of
    business will help in your business growth.
  • At the same time, it will help in increasing the
    confidence of investors in your business.
  • Show that you already have some initial funding
    from your friends and family. Make an excel sheet
    showing the things you have achieved till date.

8
 Potential Customers
  • The end user of your product/service drives your
    business.
  • In the very initial days try to get at least a
    few customer testimonials added to your model.
  • This will boost the investor believe in you and
    your business model.

9
Funds Requirement
  • You must be clear with the amount of money you
    require.
  • Here you must give a break ups of all your
    initial expenses.
  • This is essential because it gives an idea of
    where the money will be utilized.
  • Make sure you have a specific payoff in mind for
    your investors.

10
Conclusion
  • Be sure to list out more than 90 of items in
    this list before you look out for investors.
  • If every thing goes fine and you are able to ring
    the investor ear drums you will have no trouble
    in getting the money you needed.
  • For latest startup funding..  visit the link
    below..
  • http//www.myhpage.in/startups/

11
Thank you for your interest Mail us for any
query/suggestions. contact_at_myhpage.in/
myhmpage_at_gmail.com
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