Morning Musings
10minutebiztools
WHY MORNING MUSINGS?
Wake up with new ideas. What happened yesterday is History. Today create History.
Morning✨ Musings : First Employee selection for a startup
Startup Entrepreneurs be solopreneur or partners need to hire employees if they pln to grow for most of the businesses. The first experience for both should be pleasant. Expectations from both sides should be explicit. Who knows the employee may become a partner.!!
Morning✨ Musings : Affiliate marketing for my startup!
Marketing is the lifeline for any startup. Different approaches can be adopted. Affiliate marketing s a tool for cost effective marketing.Widens campaign reach to the right audience.
Morning✨ Musings : Startups get influenced by benefits of using Influencer Marketing
Influencers have large audience who trust them. Using influence marketing helps you to face competition. This could be cost effective as startups have limited budget for marketing.
Get Influenced by Influencer marketing tips!
Read blogs in 10minutebiztools.com
Morning✨ Musings :How to make it a habit for your customers to use your product?
Use Good Triggers-Eyal-Stanford Lecturer
Over time, users adopt new habits and come back to a product on their own.
The key is to time the external trigger as close as possible to the moment the user feels the internal trigger.
"For example, when I wake up in the morning, I'm curious about what is happening in the world. I don't want to be out of the loop on the day's events. That is the exact moment I should get a notification from a news app telling me the top stories are just a tap away."
Morning✨ Musings : Curiosity for startups-WHY??
Curiosity reflects that you are willing to question and learn. Aspiring startup can follow a process to develop curiosity It helps you to get ideas and remain competitive!
Morning✨ Musings : How to get ideas for my startup⁉
A startup is always based on an idea. How people get ideas? Is there a process? How eureka moment happens?
Get your answers at 10minutebiztools. Wishing you eureka moment
Morning✨ Musings : Opportunities in Healthcare Technology
The bg advantage of technology is the data generated can be used for patients health care management.
An array of technology is available and this provides opportunities for startups. Bootstrapping alone may not be enough and venture funding is required.
Emerging Opportunities and successful technology companies- Read today's blogs at 10minutebiztools.com.
https://www.10minutebiztools.com/
Morning✨ Musings : Acquiring Blogging Skills✌
Aspiring Startup Entrepreneurs requires a mixture of many skills. Blogging skills is one of them and in some cases it may be critical success factors.
Do not despair-Help on the way. Visit 10minutesbiztools.com to read today's blogs.
Morning✨ Musings : Supporting Mompreneurs!
Startup Ideas and exclusive blogs for MOMPRENEURS
Morning✨ Musings : Amazing how Mompreneurs run successful Businesses
Aspiring Mompreneurs- Learn from fellow moms. Get Inspired. You too can become a successful mom
Read today's Blogs at 10minutebiztools.com
Morning✨ Musings : What is the right age one should launch a startup?
A study of 2.7 million startups reveals that one stard by 60 + entrepreneur has three times more successful than one started by less than 30 year old.Experience helps in strategy and execution
Read today's blogs in 10minutebiztools to get motivated and plunge into action to start your dream company even at the age of 50+
Morning✨ Musings : I keep reading 90% startups fail- What should I do ?
It is true that 90% startups fail. Entrepreneurs do not fail. Some of them raise like Phoenix from lessons learnt from failure.Colonel Sanders of KFC fame could not convince of his secret recipe initially. Today the brand has immense value. Sustaining and patience are hall marks of any startup entrepreneur for success.
You too may fail. One day you may be a big brand like KFC.
Read today's blogs in 10minutebiztools to get motivated and plunge into action to start your dream company
Morning✨ Musings : Can my hobby/ passion be turned to a business?
Yes it can. Read today's blogs in 10minutebiztools.com.
You need the entrepreneurial skill sets to succeed
"Whether it's a lazy day of fishing or an afternoon of baking, our hobbies bring us joy and rejuvenate us after a long work week. It's only natural to daydream about turning a hobby into a full-time business, but to create a successful business, you need more than just skills and passion. Building a sustainable business takes planning, commitment, and a business attitude."-Jane Haskins, Esq.
Freelance writer
Morning✨ Musings : Opportunities for startup in Health Tech
Technology offers and bridges the gap in availability of health care services as there is shortage of resources like doctors hospital beds etc. Improves accessibility and brings down costs.Growing fast and AI is adding to diagnostic capabilities.
Opportunity knocking at your doorstep for startup.
Morning✨ Musings : Why Call to Action is important for me as startup entrepreneur??
Execution of an IDEA is critical skill for startups.I call it Call to Action.
Ideas Worth Acting TODAY not tomorrow
More than 250 ideas waiting for YOU
https://www.10minutebiztools.com/Call-to-Action-Series.html
Morning✨ Musings : I want to step into startup world with less risk appetite!!
Look at franchising options
Read today's blogs at 10minutebiztools.com for options and why franchising option may meet your requirement
Morning✨ Musings : How can Influencer Marketing help my Startup?
Influencer marketing is the process of identifying, researching, engaging and supporting the people who create high-impact conversations with customers about your brand, products or services.
Select Wisely. Read today's Blogs
Morning✨ Musings : Emerging Technologies provide immense startup Opportunities
Innovations are key in technology areas. New technologies like AI, 5G, AR, VR etc are creating opportunities. ARE YOU READY?
Read blogs on technology Trends in 10minutebiztools.com
Morning✨ Musings :Why any startup should be prepared for failure?
90% Startups fail for various reasons. This does not mean the entrepreneur failed. Probability they may succeed in their second attempt is higher.
Morning✨ Musings :Can I start a business with ZERO Investment?
Yes. You Can. Learn the ropes from those who have done it!!
Look for Blogs in 10minutebiztools.com
Morning✨ Musings : Age is no bar to start entrepreneurial journey
Read the story of Jeanne Dowell who started a clothing company-Green Buddha clothing, with her daughter, Dana Dowell Windatt, with the goal of inspiring Gratitude at the age of 80
Morning✨ Musings :Tips for raising Funds for My Startup in Health/ farming sectors
Planning a startup in Health and farming sector? Do you know the the impact investors whose main aim is to bring about a change for the good of society.
Morning✨ Musings :Tips for raising Funds for My Startup
1. Build traction
2. Use network to approach potential Investors
ACT ON Tips and Strategies to raise funds for your startup in today's blogs in 10minutebiztools .com
Morning✨ Musings : How a startup can face competition in Beauty Salon
Beauty salon business is highly competitive. Entry barriers are low.One can start with low capital investment.
Read Success Tips and Strategies to succeed n today's blogs in 10minutebiztools .com
Morning✨ Musings : How to Select the Right Mentor for your Startup
Learn more from today's blog in 10minutebiztools.com
Call to Action Series & Words of Wisdom
Morning✨ Musings :How to get ideas for your dream Startup?
Follow a process to improve your success. Getting ideas is one part but execution is far more difficult.
Learn more from today's blog in 10minutebiztools.com
Call to Action & Thought of the Day
Morning✨ Musings : Why Selling Skills are important for a startup?
“Selling now is much more about creating compelling, differentiated value rather than simply about features /benefits”-Bob Burg
Selling is both an art and science. The outcome of similar efforts may be different with different individuals. The prospective customer may buy a few consumer items on an impulsive basis. Asset buying will require many more trips and factual presentation.
Never oversell and promise the moon.
The internet has facilitated creating interest before a sales call can be made. The reviews in neutral sites, product comparisons etc. can be an enabler or a roadblock for selling.
Ultimately, the customer should have a need and perceive the product or service has value for money.
Morning✨ Musings : Digital Marketing and Startups
I have established product-Market fit. Does digital marketing help me to acquire customers as I am in a hurry to grow?
Look for answers in today''s blogs
Morning✨ Musings :Dilemma of a startup for hiring best employee especially the FIRST Employee
If you are lucky 10% to survive and want to grow adding employees is is inevitable. Attracting Talent may sound difficult as employees expectations are high.
' Today's blogs in this website -Startup Call to Action and experts blogs provide answers.
Morning✨ Musings: CHANGE IS CONSTANT- Beliefs and Practices Change- Are You Ready?
Normally one applies shampoo first to the hair and is followed by conditioner. Experts now sya apply conditioner first and wait for an hour. Apply shampoo after washing the conditioner applied hair! WOW- What a change?
Source- TOI-19-05-2019
Morn:ing✨ Musings: Bootstrapping your startup
Freedom In Decision Making
One immediate benefit of bootstrapping is that you are not reliant on outsiders for their opinions. You get absolute creative and executive freedom to run the show the way you want to. You successfully block out an outside voice protecting its investment, you become that same voice.
Source;inc42com
Morning✨ Musings : Flashes of insight-Eureka Moment
A key for many path breaking ideas. Do you recognize them? A big opportunity is awaiting you. Read inspirational moment of others.
Harvard research says when you take a break/ unconnected activity can give you a new insight / a new solution. Remember apple and Newton!
Morning✨ Musings : Opportunities in Healthy, Tasty and Nutritious food
Startups can capture this opportunity- Multigrain Biscuits, Oats and Honey Cookies and fruit based snacks
Are you ready as the market is growing exponentially and best time to get ashare of the health pie.
Morning✨ Musings : Competing in Crowded Market
Story of TEA+
Create something tangibly different. Vitamin Infused TEA-James and Jade Dawson.Supplements 50% of RDA requirement
Morning✨ Musings : Creativity and Startup- A tool for Competitive Advantage
A powerful tool to remain competitive and energize the organisation.Inventing and experimenting should be the DNA of any startup. The startup entrepreneur should create the climate and the rewards are customer acquisition and retention.
Morning✨ Musings : Startup Product Pricing dilemma
We all know that what we pay has a great deal of influence over how we perceive a product or service. Despite this time-tested truth though, too many startups persist in pricing their products or services too low. Lacking a solid customer base and data, bootstrapped startups are understandably more concerned about getting a product out the door than figuring out pricing. But, they can wind up limiting profits or positioning their products and services as “value” when they could be better off positioning as “premium”.
https://labs.openviewpartners.com/startup-pricing/
Morning✨ Musings : Opportunities and support System for Women to setup Business Growing
Women Entrepreneurs India-Become a member now to empower yourself with the latest business prospects and share the platform to connect with other entrepreneurs.
https://www.womenentrepreneursindia.com/
Networking Opportunities which provides provide ample support if you want to enter entrepreneurial domain.ARE YOU READY?
SHEROS, WECONNECT, AWAKE etc
Morning✨ Musings : Opportunity in Tier 2& 3 Towns for food delivery
Are you ready? Dark Kitchen / Dedicated food suppliers also have startup opportunities
Source-TOI
Morning✨ Musings : Focus on Cash Flow
At the beginning of any startup manage cash flow. Cash is critical especially for boot strapped businesses.
Morning✨ Musings : Plastic Free Events
Opportunity for college students to conduct events without plastics.Great opportunity to become Eco-friendly advocates
Morning✨ Musings : Global Food Waste
One third of global food is wasted-WorldEconomic Forum
A British company uses bread waste to produce ale and the profit is given to a charity
Can we do do some thing to reduce waste or convert waste to a useful product?
Morning✨ Musings : B2B Startup
A startup can become an exclusive supplier to another business.
If you bake bread you can supply it to a supermarket chain under their label
The risks are minimized but you are always under price pressure. However you may learn the ropes as a startup but without focusing on marketing or acquiring customers
Take a call!
Morning✨ Musings : Passion into a Startup
All fundamentals for a successful startup applies
Does the idea solve a problem?
Is there a market fit ?
Most critical; Do you have skills to execute the idea?
Morning✨ Musings : Women Startups- VC /Angel Investment
Lack of women representatives in investment companies appears to create difficulties due to lack of empathy
TOI Report -03-03-2019
Morning✨ Musings : Startup Employee Selection Dilemma
While inducting the employees look for passionate people willing to multitask
Create an atmosphere of trust for them to buy your dream and vision
Morning✨ Musings : Franchising route for a startup-Is it a good option?
Like in any life choices there are both advantages and disadvantages
Reduces risk and the business model has been established
May curtail freedom of franchisee
Morning✨ Musings : What is special about entrepreneurial mindset ?
Ability to spot opportunities
Innovative
Risk taking and ability to miniseries risks
Morning✨ Musings : Treat Consumers with respect and unwavering focus on product quality
UNILEVER- Ex- Chairman's statement Apples to all startups if you dream of building a BRAND
Morning✨ Musings : I dream to raise seed funding
Are you ready to answer a host of questions by Investors?
Do you have a scalable business model ? and how relevant is your product/service to the market?
Morning✨ Musings : Startup Success-Avoid Procrastination
Procrastination prevents action and is the biggest impediment/ quality of a startup entrepreneur
Morning✨ Musings : Success Mantra for a startup
Startup Entrepreneurs- Dream Big Keep Diversification in mind to de-risk and grow.
Morning✨ Musings: Learn to think in ambiguity for success
One of the critical skills of entrepreneurial success is to think in ambiguous situations.
Things change and solutions are not black and white when problems arise.
Morning✨ Musings : JUGGAD- Anybody can do incremental innovation - Knife Sharpener
I saw a knife/ Scissors sharpener on two wheeler with pre-recorded message to attract customers from their homes.
Saving of Time and can make more rounds per day!!
Aspiring Startups- You too can innovate and succeed
Morning Musings : Why EMOJIS in Communication?
Improve user engagement using EMOJIS
Addresses the short attention span of viewers especially MILLENNIAL
Morning Musings : What can be right pricing strategy for a startup in a highly competitive market ?
If all the future matches price point could be the same as that of competitors.
However Nirma defied the advice. Balaji Wafers defied the advice
The target market could decide the price point.
Morning Musings : Social Media Marketing for Startups
Select the right media. Consult the experts. Plenty of material available in the web to help you.
Morning Musings:e-waste generation is the fastest growing waste
Source: TOI
Aspiring startups -Do you see an opportunity to solve this pressing problem of the society?
Morning Musings:Why Growth mindset for startup entrepreneurs?
Growing Business helps to spot opportunities in the environment and keeps your radar on competitor's strategies
Morning Musings: Schoolpreneurs ( Entrepreneurship at Schools)
Entrepreneurs Skills are life skills. Build the skills at the school level.
There are many success stories.
AGE IS NO BAR for starting a venture
Morning Musings: Startup is not for faint hearted
Aspiring startups should know business success happens over a period of time. Long term not short term.
Obstacles are many but it is you who can overcome it.
Morning Musings:Blogging has become an essential Tool
Blogs help you to connect with your target community
Choose a topic
Be regular and decide the periodicity of publishing
Morning Musings: FINTECH Startup Opportunities in India
Fintech in India is attracting venture investments. It is also a fastest growing segment.
The digital environment is creating new opportunities.
ARE YOU READY!
Morning Musings: Lot of support from Government for Startups
How to approach and evaluate
You can seek the help of your mentor
You can get connected with those who have availed the support already
Join the appropriate online forums and post your questions
Seek clarifications directly from the officials
Morning Musings: Innovative Technology Ideas
Apply for accelerators
If accepted you build a strong network and get support in funding and marketing your idea
Morning Musings - Technology has become an enabler for Startups
Most of our day to day life is intertwined with use of technology. Even your startup is not tech. driven if you do not use technology you may loose competitive advantage.
Study competition and consult your mentors.
Morning Musings - Why attend seminars in your business related areas ?
- It helps in networking
- You can come across experts who can probably be part of your advisory board
- Who Knows you can locate a potential partner/ customer
It is worth investing time at least once a month
Morning Musings - Why Value Addition ?
Value addition in product/ service offering can give a competitive advantage. Helps in enhancing customer experience and retention.
Picking up car for service and delivering
Adding a feature without additional cost
Extended warranty
Morning Musings - 3D Technology a low cost startup Option
3D Technology provides a low cost option for your startup dreams !
3D Printed Jewelry could be an option and combined it with an online store
Morning Musings - Everyone is not your customer
The aspiring startup entrepreneur should have a target audience. otherwise precious cash will be consumed if you try to market to everyone. world is the oyster may not apply to your product/service
Morning Musings - Digital Marketing Dilemma
Selecting the right channel is critical. Plenty of expertise available in the entrepreneurial network. Save time and cost by seeking help as digital marketing has moved from like to have it to should have it.
Morning Musings - Crowd Funding for Startups
Developing Prototype and Product testing may require funds.(SEED FUNDS).Getting seed funding may be difficult as proof of concept is not available.
Is crowd funding a viable option for a startup?
Morning Musings- Domain Knowledge KEY
Domain knowledge is important for an aspiring startup entrepreneur.
Restaurant Startup: Passion for cooking is an asset
Tech. Startups are usually by domain Specialist
Content writers/ Webinars are conducted by acknowledged experts
Morning Musings-RIGHT MIND SET CRITICAL
Aspiring startups:Having a right mindset is critical for traversing the entrepreneurial journey. Find out what is the right mindset before jumping into the pool.
Morning Musings-Managing Stress
The Journey of a Solopreneur is lonely. You will face tough times. Build enough support system which will help you to manage the STRESS
How can I succeed with my idea when similar established products are already in the market?
I hear most of the startup ideas are based on existing products/ service in the market.How can I compete?
Read the story of Karsnabhai Patel of NIRMA fame who started from home but ultimately became a threat to established MNC- Hindustan Lever.
You can can create your own niche through service /price/ speed of response.
Technology has enabled new opportunities for a startup which solves society's problem. Low cost and lean startup is a boon.
Are YOU READY?
