Comprehensive Startup
Ecosystem

01
Startup Hurdles

Challenges of startup companies

  • Lack of knowledge about Market reality
  • Product and services which doesn’t solve existing/ evolving  challenges of customers 
  • Lack of resources
  • Lack of experience for the team (Founders) 
  • Lack of initial capital, Working capital or reserve
  • Not pitching with the right customers at right time
  • Cashflow and Liquidity 
  • Solutions or products which is only durable for designated period
  • Lack of  supporting teams which build customer relationships regularly in right magnitude.
  • Not achieving milestones and monetize the start up idea before the targeted time frame 
  • ‘Depended on resources’ not reliable (everyday or every time)
  • Lack of innovation 
  • High operating cost
  • No competitive edges 
  • Unreasonable pricing  ( High or low) 

 

What is “XAAS Model”?

  • Anything as a service”  XaaS, a term that includes the delivery of anything as a service. It takes into consideration the number of products, tools, and technologies that vendors deliver to users as a service over the network, rather than on-premises within an enterprise.
  • The term “XaaS” describes a general category of services related to cloud computing and remote access. Essentially, any IT function can be transformed into a service for enterprise consumption. The service is paid for in a flexible consumption model rather than as an upfront purchase or license.

What is “Bootstrapping”?

  • Bootstrapping is the process of building a business from scratch without attracting investment or with minimal external capital. It is a way to finance small businesses. In other words, bootstrapping is characterized by limited sources of financing. 

02
Startup Support

Ecosystems MyTree Provides for
the start ups it promotes.

Pre-seed Funding

One of the key challenges that  most number of IT startups  are facing is getting seed funding.  MyTree provides pre-seed funding for viable start ups without collateral guarantees but against equity in easy terms and conditions. Unlike other seed investment companies, MyTree awards majority of shares to its founders (up to 70%) itself so that the founders tirelessly keep on putting the efforts to grow the startups they have founded.

Product/Service Development support

In order to develop software products or design a service for any business in the competing markets its time consuming, required resource, and some times confusing in the focal point task. It required through knowledge about the market and the emerging trends in the market. MyTree provides valuable insights, experiences, market survey reports, and expertise which will help  any product/Solutions well shaped fitting with existing market potential or gaps.

Market Survey

 Conducting market research for startups is a key step toward meeting customer needs and strengthening marketing messaging. Market research brings together important details about a business’s customers, competition, and industry. The results serve as a tool in a startup’s business planning process as it evolves. But for the most number of IT start ups to meet the expense for conducting market surveys are extremely challenging task, while focused in developing their products/solutions/ Services, MyTree provides them complete market survey reports which they can use to accelerate the growth.

legal assistance

For any start up it is essential to have legal binding between all stake holders. It is also important that, the start up’s functioning in adherence to the norms and statutory regulations of every government wherever it is operating. A slightest ignorance or lack of knowledge or negligence may cause to pay heavy prices in terms of fines and other punitive masures from the government. MyTree ensures every start up it promotes strictly adhere to all these rules and regulations.

Registration

Registration under various government authorities is a herculean task especially for the founders as foundrs had to dedicate much of their time for product/Solution development in which business that particular start up is engaged. MyTree will expedite all the registration process.

Software Developement kits

These days it is extremely costly to purchase developement kits it is not affordable for majority of startup founders, they ignore using right kind of development kits and software tools and because of the same reason such product’s perfection reaches not even closer to products which are competing in the global arena.

Project management tools

It’s a usual activity for every IT startup companies that at a time 100s of processes and collective tasks need to be  run, managed and further evaluated for scaling the performance of the entire team. But most number of start up to keep the burn rate ( Burn rate indicates how quickly your company is using or “burning” your start-up capital before it starts generating a positive cash flow. In other words, it’s a measure of how long your business can operate until it has to seek more capital.) initially no project management tool or which is suitable to save biggest resource ‘TIME’ has been used but  It is an essential eco system which is a must for every start up to grow. MyTree ensures every start up uses proper project management tools to scale up their performance and to utilize well the precious resource ‘TIME’

Resource Sharing

 After making the proof of concept, project planning will quick start but even we have all resources at the planning stage, while progressing the project from one build to the next we may have meet many IT resource requirement especially developers. But these suspense requirement may be fulfilled after months of candidate searches and CV hunting, still, after onboarding almost half of the candidates may not meet our expectations, on demand availability of IT resources at every given time makes any start up almost half successful, One of  key ecosystems that MyTree provides to its start up is resource availability at the earliest even for the shortest periods like a few hours.

Hosting Servers

A full fledged Software solution, or subscription based solutions or a mobile app targeting the general public all of these products required heavy infrastructure which is normally for a startup is not affordable especially at the beginning stage. MyTree provides free server solutions for hosting their software/Mobile/online products/Services.

Marketing Resources and Networking

A successful startup after lot of rounds of planning, execution, evaluation, modifying and updating the start up finally launches a product/Service/Solution but most number of startup fails not because their product has not enough potential to tap the market but actually its because it couldn’t pitch with right number of potential customers within a period up to which a startup can run without much sales volume or profit. Many sales team fails because they are inaccessible to get leads or marketing resources at a lesser cost. Which will seriously affect the sales conversions or meeting the target what the finance team has given to the sales team. So lack expert level Marketing resources will eventually ended up in failure of a start up on which dozens of people worked extremely hard.

Incubation and Acceleration

A startup incubator or business incubator is a collaborative program designed to help your very early-stage startup to develop until it is able to sustain itself in the market. In simple terms – incubators incubate new ideas and help new entrepreneurs convert their ideas into a business model and eventually into a working business. Startup accelerator or business accelerator is an organization that helps your developing startup to grow by providing structured guidance, mentorship, access to investors and other support. In general as a startup accelerator we helps young startups and businesses grow quickly during their starting stages by providing years’ worth of learning in short periods of time rather than letting them learn by scratch. We also often provide funding to the startups to kickstart their growth.

03
Contemporary Ventures

Modern day startups

"No startup can survive without an ecosystem, reduced dependency, and competitive edges.
This underscores the importance of having experienced founders since innovation is a formidable challenge when solely relying on paid employees who lack equity stakes in the company."

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