Handling Challenges and Failures
Lesson:
Watch this video where Keshav shares the challenges of starting a technology company as a solo entrepreneur. He offers four tips from lessons he learned in his own journey building a robotics startup; from finding the right idea, to financing the first product and creating a team.
Survival Tips for New Startup Entrepreneurs
Project Description:
Write a simple report on strategies for handling challenges and failures in a start-up. Here are the questions to help you write the simple report. Research these questions online and paraphrase the resources to write your answers.
Introduction:
- What is the purpose of the report?
- Why is it important to understand and address challenges and failures in a start-up?
Common Challenges in Start-ups:
- What are some common challenges that start-ups face?
- How do these challenges impact the success of a start-up?
Strategies for Handling Challenges:
- What are some strategies start-ups can use to address these challenges?
- Can you provide examples of start-ups that have successfully implemented these strategies?
Common Failures in Start-ups:
- What are some common reasons why start-ups fail?
- How can start-ups learn from these failures to improve their chances of success?
Conclusion: Lessons Learned from Failures:
- What are some key lessons that start-ups can learn from failures?
- How can start-ups apply these lessons to avoid similar failures in the future?