Aspiring startup entrepreneurs should follow their instincts more than anything else and wannabe investors should look at their venture only as a second option.
These were some of the key observations that emerged from the final panel discussion on Homegrown Startups at Manorama ONline Geojit Techspectations 2018 here on Saturday.
While building a new product, it is vital to ensure that the value of the offering would be double for the customer from a scenario in which your product was not available.
Patience, persistence and passion should drive aspiring entrepreneurs, according to the panelists.
Nagaraja Prakasam, angel investor, mentor and fund advisor; Dr. Nishanth B Singh, Founder & CEO, EduLanche Services Pvt Ltd; Joseph Palathingal, founder & CEO, CarePact; Asif Basheer, MD, Chillar Payment Solutions; and Aardra Chandra Mouli, Founder & MD, Aeka Biochemicals were the participants of the last session.