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- Discover How to Start a Business in 2024 - Insider Tips Revealed
Discover How to Start a Business in 2024 - Insider Tips Revealed
Learn the proven strategies and real insights on starting a successful business in 2024. Get valuable advice from a seasoned entrepreneur and uncover what actually works in the competitive world of business. Find out the key factors that investors look for in hungry entrepreneurs.
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Video Summary & Chapters
1. The Journey of Entrepreneurship
Challenges and motivations in starting a business
2. Introduction to the Podcast Guests
Meet the experienced entrepreneurs sharing insights
3. Perspective for Young Entrepreneurs
Guidance for 20-year-olds starting a business in India
4. Finding the Right Business Idea
Approaches and insights on ideation in 2024
5. The Utopian Concept of Entrepreneurship
Debunking myths about being a founder
6. Strategies for Idea Generation
Different approaches to finding viable business ideas
7. The Importance of Perseverance
Perseverance is key in starting a business
8. Identifying Business Opportunities
Finding the right opportunity to start a business
9. Utilizing No-Code Tools for Business
Exploring tech solutions for business growth
10. Starting with Trading
Entering the business world through trading opportunities
11. Spotting Trends for Business Success
Understanding market trends and consumer behavior
12. Exploring Business Opportunities in Africa
Unlocking the potential of the African market for business growth
13. Innovation from Immediate Context
Generating business ideas from personal experiences and surroundings
14. Customer Insights 🧠
Exploring the importance of customer insights in generating business ideas.
15. Observing Placement Dynamics 👀
Insights gained from observing the intense competition during campus placements.
16. Successful Product Launch 💰
Launching a successful product based on salary survey insights for fresh MBAs.
17. Trademark Registry Innovation 📜
Innovative solution to expedite trademark registration process based on experience.
18. Niche Service Discovery 🕵️
Identifying a niche service opportunity based on industry pain points.
19. Origin of Naukri Idea 💡
Exploring the genesis of the Naukri idea through workplace observations.
20. Business Insight 💡
Discovering the value of job information
21. Launching Naukri 🚀
Creation of Naukri based on job insights
22. Innovating Food Delivery 🍔
Revolutionizing food ordering process
23. Insurance Comparison 🚗
Identifying price variation in insurance policies
24. Policybazaar Launch 🏦
Introduction of an insurance comparison engine
25. Business Success 📈
Growth and market cap achievements
26. Power of Insight 🧠
Importance of insights in business ideas
27. Financial Innovation 💰
Innovative approach to lending and risk reduction
28. Understanding the Money Flow 💰
Insight on controlling and collecting money in business.
29. Facing Tough Competition 🏆
Dealing with significant competition in the business market.
30. Starting Pitch and Vision 🚀
Initiating a business with a clear vision and pitch in the market.
31. Consistent Approach in Business 🔄
Maintaining a consistent business strategy despite competition.
32. Challenges with Legacy Businesses 📉
Overcoming challenges posed by established legacy businesses.
33. Dealing with Denial and Competition 🛡️
Strategies to handle denial and competition in the business arena.
34. Building Against Massive Competition 🏗️
Strategies for establishing a business amidst intense competition.
35. Navigating Challenges with Paranoia 🔄
Overcoming obstacles with a sense of urgency and determination.
36. Insights on Industry Dynamics 🔄
Analysis of industry dynamics and risk-return perspectives.
37. Exploring B2B Products 🤝
Considering the potential in B2B products and services.
38. Challenges of Platform Businesses 📊
Discussing the difficulties in monetizing platform-based businesses.
39. Starting a Business with Transactions 💳
Importance of loading transactions and selling products
40. Evolution of Zomato 🍽️
Zomato's journey from scanning menu cards to delivery services
41. Government Intervention Debate 🏛️
Discussion on the impact of government policies on businesses
42. Challenges in Consumer Products 🛒
High customer acquisition cost and government influence
43. Mitigating Risks in Business ⚖️
Strategies to handle risks and ensure successful transactions
44. Government's Role in Platforms 🤝
Examining the government's involvement in creating platforms
45. Importance of Transaction Layer 💡
Enhancing business resilience through transaction layers
46. Impact of Account Aggregator 📊
Discussion on the significance of banking account aggregators
Video Transcript
You made me a goon, now you want to beat up the people who beat me up?
Take a marker, mark your QR code on it.
We had no choice, we had no money.
We had to run, not taking a salary, because there was no money.
I sit down once a year and audit my year, quite like a CA.
The world runs on money.
I don't work for the country, the world or the society.
How much is your salary?
I'm not even twice as much as them.
And it hasn't changed in the last 8 years.
I have said to myself, we are not worthy of going to the mountains.
This guy is smoking dope.
What do you see in an entrepreneur before investing?
I see hunger.
Are you feeling hungry like me?
No.
You don't?
No.
Forget what he said.
Hi everyone, I am Vishaan and this is the best and the biggest Limitless with Vishaan
podcast that I've done so far. With me, I have people that have always
loved me.
up to and learned so much from people who need no introduction. We have Ashneer with us, we have
Ashish Mohapatra of business, we have Sarthak whose deals have I've watched a lot for the last
two to three years and we have Sanjeevich Chandani sir, the OG of the whole Indian startup ecosystem
and today the perspective of this podcast is for a 20 year old who wants to start a business in
India, what is it that you would need to know everything from the idea to the
later stages of building a company.
So that's what we'll be talking about.
Let's get started.
I want to first talk about the idea and I want to ask from all of you people,
what do you think is the right approach to find an idea and what do you think
works in 2024?
So you would love to start with Ashneet.
I mean, I get ideas on different stages.
I got it a little late.
I got it after working on it.
I mean, I worked with Alvinder.
I was working with a company in Grofers and I had done a lot of payments before that.
So I understood the business side of things and payment.
And eventually it evolved into an idea that UPI or lending on UPI can be a big thing.
But I don't come from a business family and I somehow feel that the Indian education system doesn't prepare you for business.
I don't prepare for that.
So, some people get the idea in college.
I didn't have that type of thing.
I worked for 10-12 years and
I worked in other startups.
And I still think that's probably the best way.
I think more and more founders come out of other startups
rather than just sprouting anywhere.
