Dr M Khalid's global village blog

We should know: What is market research all about? It's more than a formality. This step could determine how far you can take your business. We'll tell you what good market research looks like, and what it can deliver. Why market research for startups is as important as it is to every type of business. How you conduct market research for startups in a way that'll give you actionable data. And we'll finish off with some examples of how market research changed the course for several startups Conducting market research is important for attracting investors If you want to impress potential investors, you'll need more than a shiny prototype. What investors really care about is how likely it is that they will make money out of this. And for that, they'll need to see research that backs up your claims. A big part of your business plan should therefore be market research. Why startups fail That all sounds pretty straightforward so far, right? Then why do startups still ...

A. Seed Stage: What to consider during the seed stage so that your business is on a robust foundation. # Idea What is your idea? What will be the product or service of the business line? Is it a new business or are you looking to develop an old business? # Feasibility Do you have the required skill and experience to successfully handle the business? Do you have any idea about the financial needs of the business? How will you finance the business? Do you know your strength and weakness? # Your Target market Who will you target? Who will be your competitors? Do you know their strength and weaknesses? Do you think that you have no competition? If it is true, do you think the product or the service is required? What is unique about your product or service which will attract people to buy? B. What activities to be done at start up stage ? Finding a location, checking the suppliers, choosing the partners, planning the business, making a marketing plan, registering the business, etc.  The bus...

The business life cycle is the progression of a business in phases over time and is most commonly divided into these stages: 1. launch 2. growth - business becomes profitable 3. shake-out 4. maturity  5. Decline (if you don't evolve) We can avoid the last stages where growth stops by evolving the business model as per market environment. Also see: A standard ref :  https://www.forbes.com/sites/theyec/2018/01/11/business-life-cycle-spectrum-where-are-you/?sh=6d239503ef5e Breakup of activities details:  https://www.totalassignmenthelp.com/free-sample/business-life-cycle Ref https://corporatefinanceinstitute.com/resources/knowledge/finance/business-life-cycle/

Google HR team suggests these: They recommend job applicants to get rid of weak action verbs. Don't use 'I helped,' 'I was responsible for".  Instead of the passive language on the resume, Rivera (HR) recommended applicants to use active verbs like-streamlined, managed, implemented, improved, strategized, increased, produced, and generated. She also asked users to post things like "reference available upon request". Rivera elaborated, saying that if companies want a reference they will ask you for it. It is not important for applicants to mention it on their CVs. Another thing that people should not include, as per the Google recruiter, is the objective and full address, very long description of work experience in resume. Ref India Today: Want to get a job in Google? Don't write these five things in your resume. https://www.indiatoday.in/technology/news/story/want-to-get-a-job-in-google-don-t-write-these-five-things-in-your-resume-1998432-2022-09-09 ...