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Hosted By
Raghuveer Kovuru, B.Com, MBA, CWA, ADR
Founder. Entrepreneur. Startup Consultant
WHY DO YOU WANT TO STARTUP?
COMMON REASONS
× Entrepreneurship is THE thing today!
× Name, Fame and Money
× Unemployed post graduation
× Irritated with your boss and company
× Immense Success of other startups
 Address an unsolved problem
 Passionate about an Idea
 Self-Belief
 Really good at something
 Perseverance and Patience
90%
Startups
Fail
9 out of 10
close shop
Funding is
scarce
Media
reports
garbage
BITTER TRUTHS
NEED FOR ENTHUSIASM
 India 3rd fastest growing startup ecosystem
 4750 startups and counting
 Employment for 100k people
 70% startups in NCR, Mumbai, Bengaluru
 70% founders less than 35 years old
 90% male and 10% female founders
 Fintech, AI, Deep Tech, Health Tech
Source: Nasscom
LET’S DIVE INTO
ENTREPRENEURSHIP
THE PRE CHECKLIST
 SWOT of yourself and your ideas
 Savings for considerable amount of time
 Mental attitude to learn, fail and grow
 Commitment to the idea for at least 3 years
 Idea Validation (Market, Consumer, Scope)
 Ability to become a clean slate
 Get rid of all egos
/cloworknow
@cloworknow
YOU ARE IN CLOwork
Spread the word! Let people know about us!
#Coworking #Clowork #Cloworknow
/clowork
www.clowork.in
HOW DO YOU STARTUP?
Idea
Product
Team
Execution
THE IDEA
The Convergence Point!
WHAT YOU CAN DO WHAT PEOPLE WANT
A GREAT PRODUCT
 Vision should translate into beta
 Apply ‘DILO’ to your product
 Design - Psychology
 Inventing Vs. Reinventing
 Understanding KPIs
 Multiple Iterations
 No perfect product
 Feedback
THE RIGHT COFOUNDER
• Complementary Skill Sets
• Strong Background & Experience
• Investor backable persons
• Within close network & groups
• At startup events & hackathons
EXECUTION IS CRUCIAL
A mediocre idea with great execution is better than a great idea with weak execution
Reach me on:
Raghuveer@clowork.in
www.startupdive.in

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Startup Founder Shares Insights on Ideation, Team Building & Execution

  • 1. Hosted By Raghuveer Kovuru, B.Com, MBA, CWA, ADR Founder. Entrepreneur. Startup Consultant
  • 2. WHY DO YOU WANT TO STARTUP?
  • 3. COMMON REASONS × Entrepreneurship is THE thing today! × Name, Fame and Money × Unemployed post graduation × Irritated with your boss and company × Immense Success of other startups  Address an unsolved problem  Passionate about an Idea  Self-Belief  Really good at something  Perseverance and Patience
  • 4. 90% Startups Fail 9 out of 10 close shop Funding is scarce Media reports garbage BITTER TRUTHS
  • 5. NEED FOR ENTHUSIASM  India 3rd fastest growing startup ecosystem  4750 startups and counting  Employment for 100k people  70% startups in NCR, Mumbai, Bengaluru  70% founders less than 35 years old  90% male and 10% female founders  Fintech, AI, Deep Tech, Health Tech Source: Nasscom
  • 7.
  • 8. THE PRE CHECKLIST  SWOT of yourself and your ideas  Savings for considerable amount of time  Mental attitude to learn, fail and grow  Commitment to the idea for at least 3 years  Idea Validation (Market, Consumer, Scope)  Ability to become a clean slate  Get rid of all egos
  • 9. /cloworknow @cloworknow YOU ARE IN CLOwork Spread the word! Let people know about us! #Coworking #Clowork #Cloworknow /clowork www.clowork.in
  • 10. HOW DO YOU STARTUP? Idea Product Team Execution
  • 11. THE IDEA The Convergence Point! WHAT YOU CAN DO WHAT PEOPLE WANT
  • 12. A GREAT PRODUCT  Vision should translate into beta  Apply ‘DILO’ to your product  Design - Psychology  Inventing Vs. Reinventing  Understanding KPIs  Multiple Iterations  No perfect product  Feedback
  • 13. THE RIGHT COFOUNDER • Complementary Skill Sets • Strong Background & Experience • Investor backable persons • Within close network & groups • At startup events & hackathons
  • 14. EXECUTION IS CRUCIAL A mediocre idea with great execution is better than a great idea with weak execution