Start-up Mentoring

“When we look back in 5 years, we are going to realize that there were 10 to 20 amazing companies that were started that changed the world and led us to a brighter future.Ask yourself: “Why not me” or “Why not us”. Now is your time. The world is waiting.”
Mark Cuban

Enhance the probability of the success of your start-up! Get on track to “Blitzscale” your start-up!

Research shows that almost 90% of the start-ups fail! There are several reasons for this poor success rate. Some of the key reasons apart from resources and talent in team are –

Product-market fit not validated – The founders are very passionate about their idea and quite often do not invest time and resources to validate if the solution will create value for customers leading to adoption and growth

Technology solution becomes a double-edged sword – Most start-ups today have technology-based solutions and while this is the trend of the day and the future, it often leads to not validating how their solution solves customer problems. Again, a product-market fit issue!

Lack of model to drive scale and growth – Do not establish foundations and mechanisms for driving scale and growth. Key aspects being what happens after the first round of success?

 The assumption made is not listed and tested – Most start-ups make several assumptions as they begin their journey. However, these are not explicitly specified and not tested. This results in unanticipated hiccups leading to failure.

Business Model is not fleshed out – Time and effort are not put to detail the business model and making it viable. The key is revenue and cost models!

BMGI Value Proposition

Get mentoring support from BMGI to ensure that you achieve targeted growth & profitability goals and build a scalable business! This will also enable you to get the funding and resources required!

Why our framework delivers!

We get you deep customer insights and validate your product-market fit. See our framework on customer-led innovation

Build your current business model

Our “key assumptions tracking” methodology helps you list out and validate assumptions

Determine innovation intensity in the chosen space

Innovate to build a viable business model

Results Delivered

Improved customer acquisition

Improved adoption of solutions by customers

Steady progress for achieving revenue and profitability goals

Foundation established for driving rapid growth

Results from initiatives for “Blitzscaling”

Our Approach

Our approach consists of a mix of the following interventions –

Workouts with the founders and other key personnel

Facilitating implementation of initiatives

Building processes and policies

Our approach addresses all aspects of the business –

Strategy & growth

Ethnography for product-market fit

Experiments to validate assumptions

Detailing the Business Model

Organization

Onboarding of required partners

Hiring of talent

People management

Operations

Processes & policies

Measurement & monitoring

CLIENT IMPACT

We have mentored several start-ups achieve success. Case studies available on request. Contact us.