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Taranpreet Singh asked a question
{{::getFormatedLocalTime("2017-04-15T04:55:18.033Z", {without_time: true})}}

What. as per your individual opinion are the challenges faced by a startup when exploring business opportunities in a unique, new sector?

The question covers the ideas that a startup business, looking for growth opportunities should follow in order to drive sales and revenue. For industries where a range of clients already exists, there is competition to be faced. But for a startup diving into the business world with uncertain range of audience to be served, marketing measures will be different than others.

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Anant Narula Curious about Marketing & Growth
{{::getFormatedLocalTime("2017-10-21T07:05:22.291Z", {without_time: true})}}

Hi Taranpreet,

Well being right there in the startup space, What I realized was to start small and be focused towards a specific target audience is what makes the difference, Try and start with one niche and then looking at the response, you can dive into multiple sectors, keeping in mind `One by one`. Looking at cofounders, they are very passionate about their product and earn revenue ASAP, but unfortunately, that is not the right strategy, you should try and make value through the product for the end user and once that value and trust is generated, revenue would start to flow in. Startup is a marathon and not a "SPRINT" would be my advice to each and everyone as it takes time and slowly you become a partner to your end users whether it's B2B or a B2C Model.

 

Best of Luck 

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