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  1. It's interesting that how necessary it is to pitch your ideas well, you might have good or great business ideas but if not presented well, then its all in vain. So, starting with knowing that a good pitch balances business and emotional needs. Whether you're pitching to a company, an investor or a cRead more

    It’s interesting that how necessary it is to pitch your ideas well, you might have good or great business ideas but if not presented well, then its all in vain.
    So, starting with knowing that a good pitch balances business and emotional needs. Whether you’re pitching to a company, an investor or a customer. You have to hit a person on both emotional and business levels so that your pitch is not plain or flat.
    Also it should be noted that your pitch should tell a story that everybody can connect to but should also be to the point or succinct.
    And lastly your focus should be on benefits in your pitch, it shouldn’t be about cost or features but what benefits it will accrue.

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  1. To start with a good MVP, means the simplest that your product will be. It’s the bar to reach for before a product can be called a product. It's important to note that, a product that’s ‘minimum’ can sometimes fail to be ‘viable’, and viability is just as important to a good MVP. ‘Viable’ means thatRead more

    To start with a good MVP, means the simplest that your product will be. It’s the bar to reach for before a product can be called a product.
    It’s important to note that, a product that’s ‘minimum’ can sometimes fail to be ‘viable’, and viability is just as important to a good MVP. ‘Viable’ means that the product is usable. It ensures that the product does actually solve a problem or work as it’s intended to.
    And therein lies the gist of what makes for a good minimum viable product: a release that consists only as the core of what it will become, but a core that’s still fit for customer use.
    A good MVP is a working, usable product. Many brands have failed on the MVP front because of reductive thinking; they build the bare minimum functionality they can ‘get away with’, or an incomplete product ‘just to get the feedback’.

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  1. Well I think the word describes its meaning, a pitch typically in business means presenting an idea to a potential investor while the word deck is generally used to describe slide presentations. Combining both of them we get an ideal word for what we are trying to describe by a pitch deck.

    Well I think the word describes its meaning, a pitch typically in business means presenting an idea to a potential investor while the word deck is generally used to describe slide presentations. Combining both of them we get an ideal word for what we are trying to describe by a pitch deck.

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    If you have seen a television series called Silicon Valley, you would know what a startup incubator is better than anyone, but no worries if you don't plan to watch it, I think I'll be able to explain what it is. One of the definitions say: A startup incubator is a collaborative program for startupRead more

    If you have seen a television series called Silicon Valley, you would know what a startup incubator is better than anyone, but no worries if you don’t plan to watch it, I think I’ll be able to explain what it is.
    One of the definitions say: A startup incubator is a collaborative program for startup companies — usually physically located in one central workspace — designed to help startups in their infancy succeed by providing workspace, seed funding, mentoring and training.
    So speaking in simple terms, if you have ever rented an apartment where you are provided with food, water, electricity by which I mean the basic necessities. A startup incubation is similar to that, it provides workspace to startups with all the necessities that are needed to sustain. According to SCORE, incubators often provide access to the resources needed to launch a business. This may include office space and equipment, utilities (including internet service) and discounted or free professional services, such as accounting and legal help.

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  1. A lean startup attempts to solve a problem scientifically by using specific principles and processes. The idea of a lean startup comes from Eric Ries, who has written extensively on it in a book. According to him, these are five main principles for creating lean startups- 1. Entrepreneurs are everywRead more

    A lean startup attempts to solve a problem scientifically by using specific principles and processes. The idea of a lean startup comes from Eric Ries, who has written extensively on it in a book. According to him, these are five main principles for creating lean startups-
    1. Entrepreneurs are everywhere-There are many types of entrepreneurs and startups. Tons of opportunities exist that entrepreneurs can take advantage of to build a successful business.
    2. Entrepreneurship is management-Startups need management just like any company. However, lean startups have a unique type. Having flexible, learning oriented management makes for a successful lean startup.
    3. Validated learning-Lean startups primarily serve customers with their products. They adapt to the needs of the target market by learning exactly what it is that customers want. Through experimentation, they find what works best.
    4. Innovation Accounting-Lean startups keep detailed records of tests and analysis to figure out what works best. They gauge progress on the amount learned about the innovation rather than the amount of new work created.
    5. Build-Measure-Learn-Lean startups hit the ground running by building the simplest product that does what it should, called the Minimum Viable Product (MVP). This goes through rigorous evaluation through tests and user feedback to collect data on how targeted users accept the product. If it works, then they learn from the feedback and make it better in an iterative process.

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  1. There are a lot of benefits of MVP but the true benefit of a it is that we are able to construct something that will address the initial concern of your public in a timely matter. It is important because your whole product requires days or months to be completed, determine what are the minimum requiRead more

    There are a lot of benefits of MVP but the true benefit of a it is that we are able to construct something that will address the initial concern of your public in a timely matter. It is important because your whole product requires days or months to be completed, determine what are the minimum requirements that will work for your user base and release that, then move forward with another process that will enhance your product.
    It also provides an answer to constructing a feature in a timely matter while adjusting for the customer needs.
    One of the major advantages of building an MVP is that it helps you legalize your product, ideas or services which quickly helps us to decide whether to continue to go after your product idea and if so, whether and how to modify it.
    It also helps in testing the product in real market.

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  1. A startup accelerator is an institute run by companies that help startups in initial stage of their setup by providing them with many years of knowledge in short period of time. They are for profit institutions and help the startups not only with knowledge but also with funding. They provide fundingRead more

    A startup accelerator is an institute run by companies that help startups in initial stage of their setup by providing them with many years of knowledge in short period of time.
    They are for profit institutions and help the startups not only with knowledge but also with funding.
    They provide funding in exchange for a part in equity.
    Accelerators provide a structured guidance and networking opportunity to startups.

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  1. Incubator and accelerator are both very different in their nature and context. The definition itself sets them apart into different roles that they play for startups. Basically going by the name its clear that accelerators "accelerate" growth of an existing company, while incubators "incubate" disruRead more

    Incubator and accelerator are both very different in their nature and context. The definition itself sets them apart into different roles that they play for startups.
    Basically going by the name its clear that accelerators “accelerate” growth of an existing company, while incubators “incubate” disruptive ideas with the hope of building out a business model and company. So, accelerators focus on scaling a business while incubators are often more focused on innovation.
    They both help the startup to grow but they have some key differences. One of the big differences between accelerators and incubators is in how the individual programs are structured. Accelerator programs usually have a set timeframe in which individual companies spend anywhere from a few weeks to a few months working with a group of mentors to build out their business and avoid problems along the way. If an accelerator is a greenhouse for young plants to get the optimal conditions to grow, an incubator matches quality seeds with the best soil for sprouting and growth.

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I want to know how this logistics aggregator model works .I am running a logistics firm

  1. The three basic type of business ideas are listed below: 1. Innovative Business Ideas: These are business ideas with new offerings in website, apps, gadgets, mobile, etc. Innovative business ideas can have an edge over others if the market response for product offering is positive as there is not muRead more

    The three basic type of business ideas are listed below:
    1. Innovative Business Ideas: These are business ideas with new offerings in website, apps, gadgets, mobile, etc. Innovative business ideas can have an edge over others if the market response for product offering is positive as there is not much competition. Having said that such ideas also face demand risk as the demand for these new offerings is uncertain.
    2. Commoditized Business Ideas: These business ideas are the ones that have been carried out since long time and are focused on the local market. For example, restaurants, dry cleaners, mechanic, etc. Such business ideas don’t have demand risk as it is tried and tested since long time.
    3. Hybrid Businesses: These business ideas as the name suggest are a mixture of the above two types. A commoditized business idea with a new twist is termed as a hybrid business idea.
    Example could be teaching online.

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