STATUS: STARTUPS: HOW TO SURVIVE THE FIRST THREE YEARS? @LOUNGE47 - TopicsExpress

STATUS: STARTUPS: HOW TO SURVIVE THE FIRST THREE YEARS? @LOUNGE47 ON 21TH JUNE, 2014 - TAPAN KUMAR DAS, CEO iTIFFIN.IN, & DIRECTOR & CO-COFOUNDER QUA NUTRITION “Startups – How To Survive The First Three Years” was an exceptional talk in its integrity, honesty and interactivity. The first three years in a Startups life presents many challenges and the most powerful weapon an entrepreneur has is – him/her-self. Key takeaways: 1) Challenges come in many different forms – convincing family, managing finances on a shoe-string budget, dealing with negativity (sometimes from close friends), and choosing investors that match/understand the Startup’s vision. 2) Developing a balanced, street-smart, sixth-sense driven (instinctive decision-making) personality that can anticipate scenarios and dealing with them with timely action is key to survival. 3) Having minimal finances coupled with a positive attitude forces creativity and intellectualization, and also uncovers new business opportunities that are important for survival.

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