|
Do internet startups have their business plans in place or not ? Every raving success story about Internet startups is tempered by dozens more that crashed and burned in a sea of wasted money, bad ideas, or unfulfilled hype.Most of the Internet start ups fail before they reach breakeven mostly its because they don't have a proper business plan in place specially the financial aspect of the plan.. Initiated by qwerty asdfghj on 18 Jun, 2010 | Total Comments: (2) |
- not enough funds, thanks Posted by S R, engineer sys at Lattice Networks Bangalore | 21 Jun, 2010
-
Hi,
All most all Internet Ventures start by the youngsters having ultra high dreams, thanks to Shabbir Bhatia. there is nothing wrong in that, 98.5% of them fail, because of lack of planning, finance, holding capacity will power.
1.5% succeed because they have all above aspects.
That is why, we see two extreme ends in this business, either complete failure or complete success.
Its my own experience, I will share more about the solutions in next session
Regards to all
Bhavesh Gandhi
www.AnythinginIT.com Posted by Bhavesh Gandhi www.AnythinginIT.com, CEO at AnythinginIT.com | 19 Jun, 2010
To participate in the discussions and to share your thoughts Join PeerPower Now >>
Hot on Discussion Board
With the successors to iconic industry leaders like Ratan Tata, N R Narayana Murthy and others all under debate, is India Inc facing a crisis in leadership? 
Should CAG be allowed to audit private telcos' book? Does crowdsourcing generate brand engagement or devalue the brand? Is there a right time for internal brand management or is it an on-going process? Can mobile phones lead the way in bringing financial inclusion? Can Google Instant have severe impact on SEO business? Do consumers fail to connect when celeberities endorse too many brands? Do you think the GDP growth numbers are sustainable?