Basics of startup

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Vishal Pai VernekarFounder LumosCreating Independent Programmers

1End to End Cloud and Mobile Applications

2Google App Engine and Android

3HTML5, CSS JS, Python, Java, SQL / NoSQL DB and

BitBucket

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Startup

Basic Questions

11/04/2023 3

Agenda

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Lets make this session interactive

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Please ask as many questions as possible.

Ask questions at any time in the session

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WHY START UP?

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Founders: Tubane and Nduwawe

Company name: Tohoza online

Country: Rwanda

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Why startup?

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To add value to the community you live in

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What kind of value? Examples

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Simplify everyday life

Help them earn more revenue Impart skills Social

Gloo.ng (Nigeria)

Wild Fusion (Ghana)

Funda (South Africa)

Ushahidi (Kenya)

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Define Community

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Hyper Local Local Country Global

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WHAT TO START UP?

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Founder: Ritesh Doshi

Company name: Naked Pizza

Country: Kenya

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What to startup?

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Scratch your own itch. 24/7 thought

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Examples of such startups

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Naked Pizza Funda

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HOW TO START UP?

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How to startup?

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Build a manual solution

Find the first

customer

who is willing to pay

Handhold the customer. Give

the customer out of the world

service. Learn.

Get 1 colleague who is passionate about solving the problem

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Startup will end up being what is measured

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Number of successful customers

Number of customers

and growth

Revenue and growth

Churn of customers

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WHEN, WHERE AND WHO SHOULD STARTUP?13-02-2014

Founders: Andrew Mupuya

Company name: YELI

Country: Uganda

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When and Who should startup?

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Students should startup while in college. Students

can live a low cost life.

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Where to startup?

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Place liked and from where customers can be

better served.

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PRACTICAL CHALLENGES AND OVERCOMING THEM13-02-2014

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Am just a student

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Get your hands dirty. Make mistakes and learn. Read as much as you can.

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Job will give regular salary

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Salary is like drugs. A shot is needed every month

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Family wants me to have a job

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Working spouse will make life easier. Buy time from

them. Show them revenue.

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Have a family to support

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You have to support them. Rethink on your startup

plans.

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Buy a house

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EMI is the biggest entrepreneur killer. Delay

buying a house

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Don’t know the laws

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Read. Take help.

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QUALITIES OF AN ENTREPRENEUR

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Look for good things in others

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Stop looking for deficiencies

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‘I’ Less

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Drop ego

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Sour Grapes

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If things don’t work go the fox way. Don’t crash. Start

afresh.

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It will be fun

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If things work you will have fun of your life. If

things don’t work you will still have a great story to

tell.

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Questions?

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Ask as many as you can.

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CONTACT

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CONTACT CARD

Vishal Pai Vernekar

Cell No: 9527824166

Founder Lumoshttp://gdriv.es/lumos

vishalvpv@gmail.com