Every successful business today was once a startup. A startup that accepted every resource it had access to, a startup that struggled to survive, a startup that had financial restraints and so on.
But the startup was also doing some very important things. It was creating job opportunities for people, including those who lacked qualifications but were still very promising candidates. This not only allowed them to contribute to the growth of the business by applying their real life skills and ideas but also allowed them to contribute towards the growth of India in the long run! Not only that, with innovation they have taken the nation by storm.
If you have a plan to execute your idea into a startup or if you are running a startup already, then you should read this to know how you and your startup can contribute to the growth of India.
Startups are Creating More Jobs in Our Nation than the Large Companies or Enterprises.
Startups may be small companies but they can play a significant role in economic growth as they create more jobs. More jobs means more employment, and more employment means an improved economy. Startups also provide jobs for those who really need it!
Startups will Lead to Increase in GDP of India.
GDP(Gross Domestic Products) is an important indicator of economic growth of a country. By supporting and encouraging more startups, it is possible to generate more revenue domestically and to keep the money from leaking outside the Indian economy.
Through Creativity and Innovation, Startups Bring Forward Something “NEW” to the Table.
“When you find an idea that you just can’t stop thinking about, that’s probably a good one to pursue.” says Josh James, Omniture CEO and Co-Founder. Startups are ventures on which a lot of thinking, time and money are invested. Startups strive by implementing the best new idea or implementing a done and dusted idea in the best new way. One innovation leads to another and forms a chain. One of the major benefits of innovation is its contribution to economic growth. Innovations can lead to higher productivity at the same input. As productivity rises, more goods and services are produced – GDP increases and in other words, the economy grows.
Startups Improve the Standard of Living of People Through their Innovations.
Startups implement innovations and technologies to improve the standard of living of people. There are many startups that are working towards development of rural communities.
How can Startups Lead to Growth of India using Quarks Tech Infosoft’s Service Solutions?
We love Startups for their passion and drive towards building innovative products to solve real world problems. However, as per reports, 90% of the startups end up as failures within 5 years of their inceptions for one of the following reasons:
- Ever-changing needs of people in an emerging market like India
- Business ideas that a not suitable to the Indian market or audience
- Inadequate funds to support the grand strategies of the startup
- Overwhelming competition in their field
In the age of the internet, people are increasingly depending on digitally acquired solutions to solve their everyday problems. So why should the startups fall behind? Here’s a short guide of how startups should start off and how they can use Our Service Solutions to help India Grow!
Conduct proper Market Research to create a product or service that is fit for the Indian Market and is actually needed by people.
The strategic model of a start-up needs to resonate with the changing needs of society. The strategic plan formulated by startups should involve budgeting, sponsorship plans, a backup plan for raising enough funds to not run out of it during the implementation process.
Getting a business off the ground isn’t a cakewalk so how do you plan to gain an edge over your competitors? Why should anybody buy your product or service? Create an advertising plan or pitch that appeals to the potential customers.
Arrange funds for setting up a physical location of your business.
Get your Business Startup a Professional looking website. Don’t wait until the day your business officially launches to get your website developed.
With our website development services, we will provide just the kind of Website for your Startup that will communicate the message and theme of your startup very clearly.
Hire Marketing Experts for the Online Marketing of your Startup. It’s never too early to start promoting your business. If potential customers are searching online for a service in your industry, you want to tell them you exist. You might have the best product or service in the world, but if nobody knows about it, then your startup can’t succeed.
With our Digital Marketing Services, you can expect steady lead generation and conversion!
Build a Customer Base for your product or service. Starting a website, growing your online presence, and becoming an effective marketer are all beginner stuff. But now it’s time to put these efforts to the test. Open the doors of your business to your potential customers. Getting a customer to make a purchase is the first step. But you can’t be satisfied with just that. You need to keep your customers coming back.
With our Content Marketing strategies, you can expect new customers adding to your list and remaining there.
A solid customer base due to Best marketing Services and quality product or service along with correct marketing strategies, will lead to increased revenue in India, increase in employment and finally increase in GDP. As I have stated before, an Increased GDP is an indicator of Economic Growth of India.
Quarks Tech Infosoft commends all individuals or groups whose one brilliant idea has changed the lifestyle and business scenario for so many different classes of people all over India.
We further encourage more individuals who possess such powerful business ideas to not give up due to lack of implementation plans and instead reach out their hands and grab every single opportunity and resource there is to become a startup that will with time become the next big thing in India.
It will all take time as “Rome was not built in a day” but guess what – EVERY STEP FORWARD, IS A STEP CLOSER TO A BETTER INDIA!