What you need is Product Market Fit. ...... meaning people are will to pay you a price that covers your costs and gives you a profit.......... You need these 5 things at a minimum: Skills: Sales Skills, Marketing Skills, Management Skills Time: You need free time to build your business Money: Yes, you need money to pay your bills while your building your business Knowledge : You need Market & Competition knowledge PMF: Product Market Fit, without it the above don't really matter Hope this helps......
provide the best customer service. a good quality product and consistent. reasonable price targeting broader market. spend less on unnecessary management parties. treat staff fairly for better productivity. market product accordingly. believe in your product. there you go for free.
Good speach and great respect to the speaker. Disappointed how it is presented. Looks like a bluescreen, not according to ted standards like showing the audiance, quality in display or sound quality. Sounds like a bathroom without any people in it and im almost sure it is something like this. Nothing but the quality of the speach in some parts speaks for a ted talk. WHat happened there?
Lot of jugglery of words cleverly disguised repetition, overlapping but conflicting concepts. In Bay Area that is the winning albeit, deceiving style! If you are lucky to see big money people will listen and a few will clap and adore you! Mark my words , lady luck decides ultimately or King Lear will get you there😉
The statistic of 1 in 10 businesses surviving is true. In the US atleast, the survival rate is 50% for the first 5 years, which drops to about 33% after 10 but has a lot of vatiation depending on the specific industry at hand.
![[Full] 4 ต่อ 4 Celebrity EP.910 | 22 ก.ย. 67 | one31](http://i.ytimg.com/vi/4TR3MVpOiw8/mqdefault.jpg)
What you need is Product Market Fit. ...... meaning people are will to pay you a price that covers your costs and gives you a profit..........
You need these 5 things at a minimum:
Skills: Sales Skills, Marketing Skills, Management Skills
Time: You need free time to build your business
Money: Yes, you need money to pay your bills while your building your business
Knowledge : You need Market & Competition knowledge
PMF: Product Market Fit, without it the above don't really matter
Hope this helps......
You r absolutely right
provide the best customer service.
a good quality product and consistent.
reasonable price targeting broader market.
spend less on unnecessary management parties.
treat staff fairly for better productivity.
market product accordingly.
believe in your product.
there you go for free.
very simple...convert a prospect into a customer and then into a client
🙂
Outstanding talk. Intellectual and researched on a personal front
Old but gold
A good talk to re-visit often and remind yourself of these basics. Good job, Prasad!
Endurikr
Great talk, I have lot of take away. Thank You Prasad garu.
Anyone watching in 2019?
✋
Me too🙋♀️
yep
Yes. Today. 3 rd Oct 2019
5th oct
Very insightful
Thanks a million sir
Very well Prasad. Sorry for auto spell mistake in my last message
great thanks. I have learnt a lot!
Wonderful Prasad! You always amaze me!
very well said.
Very well articulated . Would like to hear more from you ...
ahhh you're just saying that because you have the same last name
Very well put!!!
LOT GOOD INFORMATION THKS
Can anyone help me better understand what he meant by point number 9: foot nailed to the floor?
Good speach and great respect to the speaker. Disappointed how it is presented. Looks like a bluescreen, not according to ted standards like showing the audiance, quality in display or sound quality. Sounds like a bathroom without any people in it and im almost sure it is something like this. Nothing but the quality of the speach in some parts speaks for a ted talk. WHat happened there?
loved it
Very useful
I am gem cutter and i deal with semi gemstones cut and polished, what can I do to make my business successfully?
Very realistic!!! I could relate to many things you spoke about. Very well articulated !
Very nice 👍
This was a great talk worth the 20 min.
👍
Bit like academic stuff. Quite useful.
Simon Sinek said it better, like the whole thing , he said it better than this guy.
I've just watched about 30 Ted talks- I'm losing my patience
This is sad. Particularly for someone who is in the middle of things.
Assuming it was you who was in middle of something 5 years ago. How did it turn out? Was this video relevant?
The answer is fate and your past Karams
Sameer bhatia
Lot of jugglery of words cleverly disguised repetition, overlapping but conflicting concepts. In Bay Area that is the winning albeit, deceiving style! If you are lucky to see big money people will listen and a few will clap and adore you! Mark my words , lady luck decides ultimately or King Lear will get you there😉
cannot stand the accent sorry
Some how his words don't have long term foresight.... for Netflix has scaled up heights
I would like to point out that at 7:51 Steve Job's quote and picture has Jack Ma's name. That presentation needs a revision.
is the speaker himself a successful entrepreneur?
He would have to be.
Very well done Prada’s
So inspirational. Enjoy it. Thanks.
ನಮ್ಮ ಹೆಮ್ಮೆಯ ಹುಬ್ಬಳ್ಳಿ(Hubballi) , ಕರ್ನಾಟಕ (Karnataka). Hubballi is second largest city in Karnataka after Bengaluru.
ಪ್ರಸಾದ್ ಕೈಪಾ(Prasad kaipa)
Thank you sir!
The statistic of 1 in 10 businesses surviving is true. In the US atleast, the survival rate is 50% for the first 5 years, which drops to about 33% after 10 but has a lot of vatiation depending on the specific industry at hand.
An insightful talk. Your point about oxymorons is indeed true. Thanks.
Some thoughts of this talk might be useful many entrepreneurs!
Icon ❤️❤️❤️
So embrace the uncertainty. Because uncertainty also is a uncertainty.That means any positive thing is possible.
Services that are profitable can also form most successful startups in future.
feels great to have people with such passion to share wisdom en insight with us in this journey of entrepreneurship of which most us are mislead.
best advice i have ever heard
Prasad, Thank you for your insight.
Art of meaning nothing.
👌👌👌💐💐🙏🤝❤️👍