Saturday, May 25, 2013

Startup kids and india market

Why India is creating less number of students that are starting their own startup ?

Do you really think this is the question ? Actually no . Why ?

For understanding this problem we need to understand what actually a startup is ?

startup company or startup is a company, a partnership or temporary organization designed to search for a repeatable and scalable business model. These companies, generally newly created, are in a phase of development and research for markets. The term became popular internationally during the dot-com bubble when a great number of dot-com companies were founded. [Source : wikipedia ]

Now read the last line what is says : " Term became popular internationally during the dot-com bubble when a great number of dot-com companies were founded. "


Dot-com bubble ? Now what dot com bubble refers to ?

Dot-com bubble is totally connect to INTERNET BOOM .

INTERNET BOOM :  Internet boom is refer to the steady commercial growth of the Internet with the advent of the World Wide Web . [ Source : wikipedia ]

Now I am going to tell you about the connections between world wide web (internet) with India .

Lets begin with a small case study of my website www.uddibaba.com .

I started this website on 22nd may 2012 as a file sharing website , but after 8 months i just shutdown this website because of some reasons . But what these reasons are ?

[Market] Reasons :


1) Zero market research .
2) No knowledge about my customers .
3) No knowledge that how to target my customers ?
4) No knowledge regarding connections between my customers and internet .
5) My product is really a need of users ? that I am targeting .

[Technical] Reasons :

1) Shared server
2) Bad interface 
3) Not much user friendly interface 

So these are the basic reasons that told me to shutdown that website.

Then again i started working on my domain to create this website as a social network .

Now i have a better interface with user friendly features.But now again I am suffering from some problems that I am going to describle below :

1) I have an idea but no team . remember "NO TEAM ".
2) Less number of internet users [ The place where i am targeting the users ( mostly my college) ].
3) No funding . 

DESCRIPTION :

NO TEAM : A team is a bunch of some peoples ( but students in my case ) that have a same goal.They all are just working to achieve a specific goal .

LESS NUMBER OF INTERNET USERS :

For example i have 4000 students in my college [ cs+me+ec+some other branches ]

then it means there are 1000 students (approx) in cs dept. and i have 150 students .

I means i am successfull in targeting the 15 % of users .

But why only 15 % of users ?

Now from here the story begins REGARDING WHY INDIA IS CREATING A LESS NUMBER OF STUDENTS THAT ARE CREATING THEIR OWN STARTUPS .