4 ms·
Thank you again, Pavornyoh, for taking out your precious time. 1. We help founders overcome the fear. There is a clear process. 2. By that , we mean following
by nikhildaga 11y ago
Thank you again, Pavornyoh, for taking out your precious time.
1. We help founders overcome the fear. There is a clear process.
2. By that , we mean following certain processes improves the success rate for startups. Successful entrepreneurs know these processes. And we teach first time entrepreneurs this process.
3. Entrepreneurs who are passionate about an idea face many problems. The first problem is :
i. They need a product but may not have the necessary tech skills. We fix this problem for them.
ii. Almost all failed startups have the product, but what they do not have are enough customers.
We guide entrepreneurs how to get customers.
We fix these 2 problems in the 40 days.
After these whenever startup achieves product/market fit and enters in the scale phase, we connect them with the relevant domain experts who will help them scale.
- pavornyoh 11y agoThis - "We guide entrepreneurs how to get customers. We fix these 2 problems in the 40 days". Those 2 problems cannot be fix in 40 days in my opinion. So you consider all ideas no matter how crazy it is and work with it by developing and mapping out a strategy?
- nikhildaga 11y agoDefinitely not all ideas. We work only on 1 idea for 40 days. And of the 10s of ideas we receive, we only select the one where we can help the most.
- pavornyoh 11y agoInteresting- I think you will have a hard time convincing people here in the U.S to go with you. For $9,000 a promise to fix 2 of their main problems in 40 days isn't enough for the very savvy ones.. But all the best to you..:)
- nikhildaga 11y agoThank you :-) Convincing people has not been a problem so far. Because its usually the entrepreneurs whom we have worked with that refer us to their friends. Also, you don't have to pay 9k at once, its usually milestone based or weekly. There is no lock-in. The entrepreneur can leave whenever they want if they don't like the program. Btw, I really appreciate your questions and suggestions. Is it ok, if I put these questions on ideatostartup? Thanks.
- pavornyoh 11y agoYes- You can do that.
- nikhildaga 11y agoThanks. I think I must mention in the site that, there are no holidays in those 40 days and average working hours are 10-12 hours everyday. So for 9k you get 400-450 hours of working hours. That's less than 25 dollars per hour.