2. Certain organizations suffocate creative
independence and they are left with no option
but begging for money. 14 Sooktas are
principles that are underlying for successful
startups.
3. Market Size – It should be greater than $1 Billion.
Key Players –should not be more than 10, better
if market is fragmented
Technology should be differentiator
There should not be any entry barrier
The small teams of new company should scale up
fast
The company should have widespread outreach
Killer Teams should not be easily formed,
because someone might replicate you
4. Return on investment should be within one year
Price should be of Low Bandwidth -$1 to $100
Product should have mass appeal
End user should benefit –venture should not be
like #skrill, #payumoney, or #payza to extract
money from customer’s pocket
There should be easy mobilization of customers –
there should be red-hot buyers
Government support –with product delivering
#satisfaction #return or #entertainment
10% profit should be given to charity.