Category: Entrepreneurship
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How to expand your Total Addressable Market (TAM)?
There are several strategies you can use to expand your total addressable market (TAM). One approach is to diversify your product or service offering to appeal to a wider range of customers. This could involve adding new features or variations to your existing products, or developing completely new products that address the needs of different […]
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What is the difference between venture capital, private equity and debt?
Venture capital, private equity, and debt are all types of financing that companies can use to raise capital and fund their operations. However, they differ in terms of the nature of the capital they provide and the terms and conditions associated with it. In summary, venture capital and private equity are forms of equity financing, […]
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How to set your mission, vision and core values?
Mission, vision, and core values are the foundation of a company and serve as guiding principles for its operations and decision-making. To set your company’s mission, vision, and core values, you can follow these steps: By setting and clearly communicating your mission, vision, and core values, you can ensure that your company is aligned and […]
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How to Negotiate?
Top Negotiation principles taught in business school1. Know Your BATNA: Before entering any negotiation, it is important to have a clear understanding of your Best Alternative To a Negotiated Agreement (BATNA). This can help you decide whether a negotiated agreement is better than any other option available to you. 2. Set Clear Objectives: Clearly define […]
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How to calculate the total addressable market (TAM) for your software business?
1. Analyzing the total number of potential customers: Start by looking at the total number of people who could potentially be interested in the software you’re offering. This is the most basic way to calculate TAM, and it’s often used by startups to gauge the potential size of their product market. 2. Estimating the total […]
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How to find your first 10 customers?
Starting a SAAS (software as a service) business can be an overwhelming task. The success of your business depends on finding and retaining customers. This can be a daunting task for any entrepreneur, but it doesn’t have to be. With the right strategies, you can find your first ten customers and start your business off […]
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How to find product-market fit?
Some Examples: ps. This blogpost was created by GPT3 and edited by me
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Why Start Your Own Company?
My First Company – Log(n) I started my first company serendipitously. After working for others, it became clear to me that, while I was passionate about technology and extremely customer focused, as well as being a hard worker, my personality wasn’t well suited to doing a job for someone else. Here are a few other things […]
