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Monday 11 June 2018
Mumbai Angels Network Invests in Theranosis a Non-Invasive Cancer Diagnostic Company
Sunday 3 June 2018
Wednesday 16 May 2018
Future Angels Bootcamp
Future Angels Bootcamp
What is it?
- 8 weeks structured bootcamp at Mumbai Angels Network
- A fast pass access into the world of startup investing and entrepreneurship
- Third batch starts 1st October,2018
- Only 4 spots in each batch
The 8 week Bootcamp
If you are looking to dive straight into the world of angel investing and are either:Who can apply?
- A student looking for internships
- Wanting to learn how to invest in startups and willing to devote 2 full months
- Have a business idea but not ready to start yet
- Thinking of leaving your job but are not sure yet
Minimum Age: 18 years Maximum Age: No Bar
What next?
You could
- Go back to school after the bootcamp
- Apply for a full time position with the Mumbai Angels Network
- Start investing as an angel investor
- Start your own company
- Finally quit your large corporate job!
Apply: Yash@mumbaiangels.com
For FAQs: Click Here
Thursday 10 May 2018
Goa Angels, powered by Mumbai Angels Network is finally here!
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Tuesday 17 April 2018
Government Circular on Angel Tax : Core Issue continues to be unresolved
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Monday 2 April 2018
Mumbai Angels Network: Strides Taken In 2017
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Thursday 8 February 2018
Essential Start-up Tips
“Ideas are easy. Implementation is hard”.
This phrase is true for modern-day start-ups as they juggle various facets of a
challenging business environment. From ideas to execution, the strength of a
start-up lies in paying attention to finer details. While there are hundreds of
start-ups that have made their mark today, there are a million others who have,
sadly, bitten the dust. What separates a successful start-up from the
not-so-ones. Here are some of pearls of wisdom that you can follow when it
comes to launching your next venture.
1)
Failing to plan = Planning to
fail
You’ve got to put together
a solid business plan. Addressing the problem statement, target customers,
revenue model, cashflow management, and performance matrix, aligned very well
with the time-bound business objectives can get you further along in your
journey.
2)
The early bird catches the worm
Launch your business
quickly and address the problem statement right away. Waiting for a perfect
product may drain too much time and resources. Instead, extract the right
amount of value from your product and present it to your customers. Market
timing is critical here.
3)
Teamwork is the secret sauce to
success
Regardless of which
business you are into, putting together a kick-ass team is mandatory. From
founders to customer service, from sales to domain experts, these are your
backbone. Getting them right is critical to your business. Putting aside
personal interests especially among the founders for the larger goals and open
communication between team members can pave the way for a favorable outcome.
4)
Know thy customer and know them
well
Not every customer is
going to be ideal for your business. Understanding the effort involved in acquiring
and then servicing a customer is important. You cannot have too many customers
paying you too little. This leads to a higher acquisition and servicing cost to
the company. Going after small customers who pay within your comfort zone is
far better than large customers who may be bad paymasters.
5)
Stay lean
Accomplish more with less.
Whether your well-funded or bootstrapped, services or product company, as a
start-up, learn to curb unnecessary expenses. Let go of that fancy office
space, or that extra spend on parties and outings. Avoid those expensive conferences
or events, instead stick to a budget and keep a tight check on your spend.
6)
In God we trust, everything
else needs to be measured
Performance metrics across
all business functions are sacrosanct. Prioritize strategic and tactical goals
for founders and team members. Ensure that you evaluate your company’s
performance against your short, medium and long-term goals, make adjustments as
necessary and optimize your resources to meet those set
targets.
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