SlideShare a Scribd company logo
Entrepreneurship
Cell- IIT Jodhpur
MVP
• The most pared down version of a product
that can still be released
Value proposition
• What value can you provide to the
customer/investor.
• Why should they invest in your product
Elevator Pitch
• Less than one minute/ one sentence pitch
of your startup.
• Usually "we're X for Y" - is the most
common phrase.
User Acquisition Strategy
• How do you plan to get your first users.
• For example: word-of-mouth, adverts etc.
User Acquisition Cost
• The cost value to acquire your users.
• E.g - marketing, advertisements etc.
Business Model
• A plan for business.
• It contains following
•the intended customer base
•details of financing
•Pricing structure of products
Accelerator
• A 3-4 month training program for startups
• Investments, mentors and other benefits
are provided there
Incubator
• Uses an external management team to give
advice.
• Functioning is same as Accelerator but
takes more equity.
Equity
• Equity refers to the % ownership someone
holds in a company
Stake
• The percentage ownership someone has in
your company(like equity)
Valuation
• How much investors "believe" your startup
is worth.
Scalability
• The ability to add on more services OR
expand to other markets.
Is Idea Most Important to Start
Up?
How to think to start?
Jargons eCell IIT Jodhpur

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Jargons eCell IIT Jodhpur