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If you manage to build a sustainable product, revenue will follow. A lot of startups fail because they concentrate on incremental innovations, increasing user base, and monetisation before strengthening the core of their business.

Bhavin Turakhia

Before I start a company, I always invest at least one year to knowing that sector thoroughly. I research about almost everything related to that business – competition, market potential, revenue model, legal and regulatory obligations, among other aspects.
BHAVIN TURAKHIA

Competition Knowing Market Obligation Potential Research
A lot has changed in India in the last decade. We can attribute the growth of India’s startup ecosystem to the increased penetration of affordable smartphones and data connectivity across the country.
BHAVIN TURAKHIA

Attribute Changed Country People Technology
If you manage to build a sustainable product, revenue will follow. A lot of startups fail because they concentrate on incremental innovations, increasing user base, and monetisation before strengthening the core of their business.
BHAVIN TURAKHIA

Increasingly Innovation Lot Revenue Startup
If one wants to innovate or even survive in today’s competitive world, one must keep abreast of emerging new technologies.
BHAVIN TURAKHIA

Abreast Innovate Survive Technologies Technology
If you have a strong business idea, then it is comparatively easy now to get capital. It is a positive thing that increasingly more people want to join the startup bandwagon.
BHAVIN TURAKHIA

Bandwagon Real Strong Successful
Technology is no longer a luxury. People across generation and geographies are making use of mobile technologies. Startups have capitalised on this phenomenon.
BHAVIN TURAKHIA

Capitalized Geographies Longer Luxury Technologies
I have never compromised on fundamentals. I’ve always believed in focusing on creating value and not valuation.
BHAVIN TURAKHIA

Always Believe Compromise never Values
We are flattered to witness the response generated by the beta program and are working towards accommodating all pending sign up requests as soon as we launch live.
BHAVIN TURAKHIA

Program Response Witness
However, to build a successful business, focus on creating more value through the product, and direct your efforts on solving real issues.
BHAVIN TURAKHIA

Business Issue Real Solving Successful
There is always some element of competition. As and when more players show interest in a space, it endorses increasing demand. I have never taken competition as a treat.
BHAVIN TURAKHIA

Competition Player Players Taken Treat
Never compromise on hiring the best talent. Build value, not valuation. We have never used tactics like giving discounts, cashback to make customers use our product. This way no one can create a sustainable business.
BHAVIN TURAKHIA

Business Cashback Compromise Giving Talent

If you manage to build a sustainable product, revenue will follow. A lot of startups fail because they concentrate on incremental innovations, increasing user base, and monetisation before strengthening the core of their business.

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If you manage to build a sustainable product, revenue will follow. A lot of startups fail because they concentrate on incremental innovations, increasing user base, and monetisation before strengthening the core of their business.

Related Topics

Popular Authors

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