{"id":5614,"date":"2024-02-04T11:11:48","date_gmt":"2024-02-04T11:11:48","guid":{"rendered":"https:\/\/rakeshsidana.org\/?p=5614"},"modified":"2024-04-18T18:41:08","modified_gmt":"2024-04-18T18:41:08","slug":"india-has-a-large-pool-of-resources-that-can-run-your-startup-profitably","status":"publish","type":"post","link":"https:\/\/rakeshsidana.org\/sv\/india-has-a-large-pool-of-resources-that-can-run-your-startup-profitably\/","title":{"rendered":"India has a large pool of resources, that can run your startup profitably"},"content":{"rendered":"\n<p>You can run the startup &#8220;bootstrapped&#8221; way. <br><iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/6yUF3mNJe2E?si=rWH2jnoE0xdp3Fab\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen=\"\"><\/iframe><\/p>\n\n\n\n<p>Here are three things very much possible by using resources.<\/p>\n\n\n\n<p><strong>1. Scale the business without hiring people.<\/strong><\/p>\n\n\n\n<p>I built an &#8220;entrepreneurs community&#8221; twice in my career, once for my startup in 2015 and the second time for others in 2020. In both times, I scaled the business into 30+ cities with around 50+ Youth Entrepreneurs working with me. The first time, it was aggregation with 5000+ clients, the second time it was revenue of 6 Cr in 6 months with a permanent team size of 2 (only two).<\/p>\n\n\n\n<p><strong>2. Earn the royalties of your established brand.<\/strong><\/p>\n\n\n\n<p>I believe that scaling business through Franchise is very much possible in India. Tier-2 and Tier-3 cities are on the lookout for new brands.<\/p>\n\n\n\n<p>There are 2,00,000 franchise outlets, 50% Regional, 34% national, and 16% global brands.<\/p>\n\n\n\n<p>People love&nbsp;<a href=\"https:\/\/www.linkedin.com\/feed\/hashtag\/?keywords=brands&amp;highlightedUpdateUrns=urn%3Ali%3Aactivity%3A7159830389929185280\">#brands<\/a>.<\/p>\n\n\n\n<p>My first experiment was with someone as a Franchise Consultant for &#8220;car washing&#8221; and the second time, it was for Spare Parts. Franchise businesses are still in the middle stage as the success rate is still as low as 20%-30% and scaling issues if there is no process defined and lack of implementation of technology.<\/p>\n\n\n\n<p>3. Cheapest Technology Development.<\/p>\n\n\n\n<p>The investor will never believe me that technology is the cheapest because most of the startups take investments by showing 40-50% tech usage ($million) \ud83d\ude00 I am a coder myself. You can get any code developed in India. There are estimates of over 3 Lac&nbsp;<a href=\"https:\/\/www.linkedin.com\/feed\/hashtag\/?keywords=freelancers&amp;highlightedUpdateUrns=urn%3Ali%3Aactivity%3A7159830389929185280\">#freelancers<\/a>&nbsp;(if you include moonlighters, the number is very high). When I started freelancing, I was amongst the top coders in 1 lac freelancers in 2006, and now times have changed. With the inclusion of NO-CODE applications, ChatGPT provides you with a source of code.<\/p>\n\n\n\n<p>Build in India.<br>Use Resources better.<br>Increase Commission-based&nbsp;<a href=\"https:\/\/www.linkedin.com\/feed\/hashtag\/?keywords=jobs&amp;highlightedUpdateUrns=urn%3Ali%3Aactivity%3A7159830389929185280\">#Jobs<\/a>.<br>Franchise Your Brand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You can run the startup &#8220;bootstrapped&#8221; way. Here are three things very much possible by using resources. 1. Scale the business without hiring people. I built an &#8220;entrepreneurs community&#8221; twice in my career, once for my startup in 2015 and the second time for others in 2020. In both times, I scaled the business into &hellip; <\/p>\n","protected":false},"author":1,"featured_media":5615,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,8,15],"tags":[30,31,29,28,27],"class_list":["post-5614","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entrepreneurship","category-india","category-trends","tag-bootstrapping","tag-entrepreneurship","tag-india","tag-profitable","tag-startup","latest_post"],"_links":{"self":[{"href":"https:\/\/rakeshsidana.org\/sv\/wp-json\/wp\/v2\/posts\/5614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rakeshsidana.org\/sv\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rakeshsidana.org\/sv\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rakeshsidana.org\/sv\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rakeshsidana.org\/sv\/wp-json\/wp\/v2\/comments?post=5614"}],"version-history":[{"count":1,"href":"https:\/\/rakeshsidana.org\/sv\/wp-json\/wp\/v2\/posts\/5614\/revisions"}],"predecessor-version":[{"id":5616,"href":"https:\/\/rakeshsidana.org\/sv\/wp-json\/wp\/v2\/posts\/5614\/revisions\/5616"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rakeshsidana.org\/sv\/wp-json\/wp\/v2\/media\/5615"}],"wp:attachment":[{"href":"https:\/\/rakeshsidana.org\/sv\/wp-json\/wp\/v2\/media?parent=5614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rakeshsidana.org\/sv\/wp-json\/wp\/v2\/categories?post=5614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rakeshsidana.org\/sv\/wp-json\/wp\/v2\/tags?post=5614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}