How to build the right founding team for your Startup (ENTREPRENEUR)

We all are aware of this old African proverb, “If you want to go fast, go alone. If you want to go far, go together.”

While this holds true for our personal lives, it has its own significance for startups as well. There is enough data and surveys done that support how working with a good founding team improves a startup’s chances to succeed.

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GHV Accelerator Accelerates Applop And CaRPM With $100K Funding Each (INC42)

Gurgaon-based GHV Accelerator has onboarded Applop, a mobile app that lets users make their own app, and CaRPM, an app that connects car owners to their cars, in the accelerator.

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How Much Salary Should Founders of a Startup Take? (IAMWIRE)

If you happen to be a founder of a startup, you would have certainly faced one big dilemma – how much salary to draw?

As per a report by Compass, around 66% founders in Silicon Valley pay themselves very low salaries (< US$ 50,000), which changes to 74% in London and to an unbeatable 92% in India.

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6 Stumbling Blocks That Every Startup Should Be Wary Of (trak.in)

Being an entrepreneur seems to have become a fad of late, given the rate at which they are growing! It begins with a lot of excitement and zeal and hope, but while optimism is a key ingredient necessary to start up, a pinch of practicality is essential to taste the flavor of success.

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GHV Accelerator To Accelerate 10 More Startups (INC42)

Gurgaon-based GHV Accelerator is all set to onboard 10 more startups (under its 12 month acceleration program) by March 2016. The accelerator has already onboarded 5 innovative and disruptive startups from various domains such as food-tech, hyperlocal, laundry, taxi, fitness etc. These startups include LazyLad, My Taxi India, Foodport, Pick My Laundry and FitMeIn.

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India’s transition from obscurity to emerging as the third largest startup ecosystem in the world (Entrepreneur)

With many unicorns taking form, it has instilled confidence in the young dreamers who want to make it big in this space. A recent NASSCOM report substantiates the fact that India has taken giant strides on this front and has become the third largest startup ecosystem in the world. Three to four startups are born in India every day and funding of a remarkable $5 billion has already been pumped in so far this year.

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Why branding is crucial for startups (Bizztor)

The importance of branding has been aptly captured in the words – When you brand yourself properly, the competition becomes irrelevant.”

And this is one big reason why startups in particular should make branding an important component of their overall business strategy. While a great product is good enough to garner customer’s attention and will sell on its own, it is very crucial to communicate to the world whatyou or your product is all about, what it does and how it can add value to people or businesses. It is a vital element that helps people form a connect with you and keeps them coming back for more.

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An asset light model will give n-commerce players a long-term edge (YOUR STORY)

India has been known for its neighbourhood mom-and-pop stores, big and small, spread all over the country.  Be it grocery, cooked meals, handyman or home services, they cater to all the daily needs of people. This unorganised sector took a beating with the advent of e-commerce. But with n-commerce (neighbourhood commerce) players like Lazylad, BigBasket, PepperTap, Grofers, they have got a new lifeline.

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Founders must have their skin in the game, yet find time to unwind (VCCIRCLE)

Entrepreneurs must ensure that they never become bureaucratic in their approach. A strong team is essential for success. Human capital is a key part of the entrepreneurial journey. While founders must lead a frugal lifestyle, they should go for an occasional break/vacation. Work-life balance can be achieved through regular exercises and by decreasing work-related commute.

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Corporate Moguls Re-Fuelling the Startup Ecosystem (IAMWIRE)

Corporate stalwarts like Narayana Murthy, Ratan Tata and Azim Premji, who have led Indian conglomerates from the forefront, have been playing a crucial role in boosting the domestic startup ecosystem. They are not only acting as angels to innovative startups but also pumping in large investments in startups that have already received angel-funding.

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