What do you really need for Tech-Startup

 What do you really need for a Tech-Startup ???

   Are you the one who really want to run the tech-startup then this blog is for you . coming to the topic they are 10 major things that you should know before starting a tech-startup.

1. Idea

2. Plan for all the funding and Capital

3. A Good Productive Team

4. Productivity Tools

5. Product Requirements , Document

6. Market Research and Strategies

7. Establish a Location

8.  Name and Domain Registration

9. Customers and Demand of  Product

10. Advertising and Publishing

1 . Idea 

In any startup , Idea plays a major role . So even in the Tech-Startup it is the first and most considered part. You should be clear about the idea that you are working on  and the most important rule to be followed is that, idea should not be shared to any third person rather than the team you are going to work, until it's implemented. 

And now , I am going to say you on what bases your idea will be considered ?

It's quite simple and interesting , The idea we have should be the solution of the problems in the society , and think how technologies can help you while coming-up with the product. So, that there will be a great demand and craze for your product.

2. Plan for all the funding and Capital

It's important to have an idea about the plan of how much capital is required and also an idea about the funding like what should you do for getting funds , what the basics requirements should you have to get funds etc. As you should invest some money for every require you need you should have a proper capital .And funding help you to come out of burden of investment as you get them from some different companies, government.

3. A Good Productive Team

As, We know everything will good enough to present only when we have good team . It's not that having a good team will have good presentation , the Team should be more productive ,where everyone should be supportive to each other , accept the mistakes of one another and help them out with their mistakes and even they learn from them. So ,It is important to make a productive team.

4. Productivity Tools

It is important to choose your productivity tools wisely because as there are many productivity tools like zoom,monday.com and many more. I mentioned choose wisely because there are some paid and unpaid productivity tools , I wish to suggest to prefer unpaid so you can save some money for other uses.

5. Product Requirement Document

A product requirement document actually contains of lot of stuff like product you are about to build , the product outline , features , functionalities , behavior and many more , So I make a clear note to maintain the document clear as significant to your product quality the product your investing .

Apart , of that make all the other documents ready and if not apply for it as everything should be legal form start to end.

6. Market Research and Strategies

As your are launching the product through startup , be aware of all the marketing strategies that should be used ,and have an answer for every question that is raised in customers view and be answerable ,be aware of what are the securities and actions to be taken before launching your product through Market Research .

7. Establish a Location

This also takes a vital role in your sales . So I supposed to say you choose a place where there is a wide-range of demand for your product like urban or rural etc...  and also the wide range of customers, not only through locality increase the sales in your online on the same sequence since online platforms are playing a huge role in the market now a days.

8.  Name and Domain Registration

This is the most important step that should be selected by keeping each and every aspect  in your brain , because even name of the product make the difference not only the quality.

9. Customers and Demand of  Product

Yeah , we are almost close to the end of learning each and every phase , but don't get tried because this decided the future of our product , because the product might be every good but if doesn't reach out the customers there is no demand , so be ware of all the requirements of the customers and be available for them 24/7 . And it is also important to notice how much reach the product , what should be done to increase the reach of the product and along with that it is important to manufacture the product by seeing the demand or else you might see loss.

10. Advertising and Publishing

Coming straight to topic , The reach of the product doesn't only depend on the quality maintained and demand , It also depends on advertising and publishing which is an major market strategy used by many companies till the date. Even to be frank the companies keep a lot of on advertising and publishing the product for a good reach.

As we talked about all the required thing needed for a Tech-Startup , Let me conclude by saying that , It is important to maintain all the 10 requirements to have good start , check twice that you are having all the requirements or not.

                                           

                                                   - Toopati Durga Prasanna