[The article is originally written for NextBigWhat.com]
The tremendous wave of startups in India is on. A lot of these startups are early stage startups by fresh students or recent graduates. Although we have seen a lot of such startups turning big later, sadly the success ratio of such startups is too low. A lot of them fail in the very first year of their journey. You call it lack of experience, market strategies, funds marketresearch.
In this blog, I would like to share similar experience with my first startup. The startup rose to become a famous talk in the initial stage but eventually had to shut down after some time due to some reasons. Though the startup failed, it gave me lot of insights and experiences into this field, which drives what I do today. Below is a compiled generic checklist for any such startup to keep in mind: