Startup Lessons

  1. Write down your objective on a piece of paper. This is always helpful
  2. working capital (Be careful about OPM — other people's money, could get addictive 😃)
  3. Expertise doesn’t need always win investments. Try and get profitable as soon as you can to reduce dependency on opm
  4. between investor and startup, one should be an expert.
  5. Marketing — do it yourself. Don’t outsource
  6. Supply chain and logistics: evaluate options. It may be better to take ownership of your own supply chain and logistics
  7. Finance: Operating break even and PAT positive is very long.
  8. ROE — Return on effort. How to maximize your and your team's efforts. Can you productize your offering? Make it future-proof if possible. End hand-to-mouth situations.
  9. How do you think of your own battle?
  10. The startup is an investor as well. As startups are investing their time and VCs their money.

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