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Want to start your own business? These 10 startup tips can help you!

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India’s startup wave is surging with over 180,000 startups in 2025 compared to just 500 in 2016. But having a great idea isn’t enough; founders need strategy, structure, and grit. Here are 10 essential startup tips that sharpen your edge :-

  • Do In-Depth Market Research – Understand your customers, competitors, and demand to truly position your solution.

  • Build a Clear Business Model – Decide early how you'll earn subscriptions, sales, commissions to ensure revenue clarity.

  • Focus on Financial Planning – Track expenses, plan six months of working capital, and maintain separate business and personal accounts.

  • Utilize Government Schemes – Tap into Startup India, MUDRA loans (up to ₹10 lakh without collateral), SIDBI Fund of Funds, and CGTMSE for support.

  • Choose Funding Wisely – Loans preserve ownership, but equity brings partners; choose based on your risk appetite and growth goals.

  • Build the Right Team – Blend tech, marketing, and finance skills to create a balanced and sustainable team.

  • Use Technology for Growth – Invest in websites, apps, digital marketing, and data analytics to scale smarter.

  • Stay Tax and Legally Compliant – Pick the right structure (e.g., Private Limited, LLP, Proprietorship) and file GST, TDS, and tax filings properly.

  • Seek Mentorship and Networking – Connect with mentors and investors via Startup India Hub, TiE, NASSCOM, and similar ecosystems.

  • Prioritize Customers – Solve real problems, listen to feedback, and iterate your product or service accordingly.

Success isn’t overnight: It’s a marathon powered by research, financial discipline, legal compliance, the right team, and unwavering customer focus with government schemes helping as safety nets. Entrepreneurship in India rewards those who plan, persist, and adapt.

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