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From Zero to Funded: A Comprehensive Guide to Startup Funding
Starting a new startup is an exciting journey, but it can also be quite challenging, especially when it comes to financing. Funding is a critical aspect of any startup, and it can be a make-or-break factor in determining the success of your venture. In this blog post, we will take you through the startup funding process of a startup from A to Z, so you can have a better understanding of how to get funds for your startup. Step 1: Have a solid business plan for your startup Before you start seeking funding for your startup, you need to have a solid business plan in place. A business plan is…
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What to do when a startup is failing?
Establishing a business is a risky and challenging endeavor, and failure for startups is not unusual. In fact, research by the Small Business Administration found that 50% of small businesses fail during the first five years, compared to 20% of small businesses that fail in the first year. Yet, for a failing startup, it’s not always the end of the road. Many businesses have been able to recover and turn things around. In this blog post, we will learn what to do when your startup is failing? For the founders and workers, a failing startup can be a trying and stressful moment. There are, however, steps that can be made…
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Different Types of Startup Valuation You Should Know About
Starting a new business venture is an exciting and challenging experience. However, one of the critical aspects of launching a startup is determining its valuation. Startup Valuation refers to the process of determining the worth of a company. It is crucial for startups because it helps investors determine how much equity they will receive in exchange for their investment. There are different types of Startup valuations and that can be a complicated process valuing startup. In this blog post, we’ll take a look at some of the different types of startup valuations. Cost-Based Startup Valuation Cost-based valuation is the simplest and most straightforward method of valuing a startup. It involves…
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5 Key Takeaways from The Lean Startup (summary) for Building a Successful Business
Eric Ries’ Lean Startup cycle methodology is a widely used approach to developing businesses and products with efficiency. It combines agile development and lean manufacturing principles, placing emphasis on learning and experimentation in the early stages of a startup. Whether you’re starting a new business or creating a new product, The Lean Startup cycle approach can help you do it with ease. Here is 5 key takeaways & the lean startup summary to consider when applying the Lean Startup methodology to your own startup in 2023: Validate Your Ideas: Before investing time and money into a new product or business idea, it’s important to validate it. The Lean Startup methodology…
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Top 10 Software Company in Bangladesh.
Updated on 4th June 2023: In recent years, Bangladesh has swiftly risen as a prominent hub for technology and innovation. This South Asian nation has witnessed a remarkable surge in the establishment and growth of top-performing software companies, solidifying its position in the global tech industry. Among the plethora of software enterprises thriving in Bangladesh, there are the top 10 software company in Bangladesh that have achieved recognition for their exceptional contributions. With a plethora of best Software companies, the best top 10 software company in Bangladesh are explored in this blog. Top 10 software company in Bangladesh: 1. Raise IT Solutions Ltd. Raise IT Solutions is a highly acclaimed…
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Meet the Bangla chatGPT-AlapChari
Updated on 7th May 2023: (আলাপচারী) AlapChari chatGPT, Bangladesh’s new Bangla language chatbot makes a significant contribution to the constantly evolving world of AI. Alapchari was developed by a Bangladeshi developer Fahmidul Hasan, it is a Bangla version of the popular AI language model, Bangla ChatGPT for a chatbot. Moreover, AlapChari chatGPT is the first Bangla language model to use transformer-based architecture, which is a state-of-the-art technology in the field of AI. Fahmidul launched Alapchari on February 15, 2023, and Bangla-speaking users have already embraced it. Users can utilize the chatbot for answering questions, customer support, and generating text content. AlapChari was developed as a proof-of-concept for the aforementioned Chatrik…
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Building the Perfect Home Robot: The Challenges and Promise of Toyota Research Institute
Toyota Research Institute (TRI) is known for its innovative work in robotics and artificial intelligence. The company has been working on developing advanced robots for a variety of applications, including manufacturing, logistics, and healthcare. However, building the perfect home robot is proving to be a challenging task. Toyota Research Institute VP discusses challenges in developing widely adopted home robots. What are the challenges? One of the major challenges in building a home robot is the complexity of the home environment. Complex home environments pose challenges for home robot navigation and object recognition. Obstacle avoidance and navigation challenges hinder home robot development. Dr. Krotkov notes that “even the most advanced robots…
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“Chit-Chatting with ChatGPT: How AI Can Make Programming a Breeze?
ChatGPT is a language model developed by OpenAI that can generate human-like responses to text inputs. While its primary purpose is to generate conversational responses, ChatGPT can also be a useful tool for programmers. In this blog, we’ll explore some practical uses and examples of how to do Programming with chatGPT & save time and effort in their coding projects. From generating code snippets to improving natural language processing in chatbots, ChatGPT has a wide range of potential applications in the programming world. By leveraging its language generation capabilities, programmers can benefit from the generated code snippets, natural language outputs, and more. So, let’s dive in and see how ChatGPT…
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3 movies that will inspire you to be an entrepreneur.
As an entrepreneur, there’s nothing quite like finding inspiration in a good film. 3 movies that inspire me to be an entrepreneur: Pursuit of Happyness, The Social Network, and The Startup Kids. First on the list is “The Pursuit of Happyness” (2006), starring Will Smith. This movie tells the true story of Chris Gardner, a struggling salesman who becomes homeless with his young son. Despite the many obstacles he faces, Chris never gives up on his dream of becoming a successful entrepreneur. Chris Gardner’s story in ‘The Pursuit of Happyness’ will inspire perseverance and determination to achieve your dreams. Next up is “The Social Network” (2010), which tells the story…
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BASIS SoftExpo: Bangladesh’s Premier Technology Exhibition and Conference
BASIS SoftExpo is an annual technology exhibition and conference held in Bangladesh, a country that has seen rapid growth in its software and ICT industry in recent years. According to a report by the Bangladesh Association of Software and Information Services (BASIS), the country’s ICT industry has grown by over 40% annually since 2010, making it one of the fastest-growing ICT markets in the world. Several factors have fueled this growth, including the government’s promotion of the industry through policies and incentives, the abundance of skilled IT professionals, and the widespread adoption of digital technologies across different sectors of the economy. BASIS SoftExpo, organized by BASIS, has played a significant…
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Top Successful Business Ideas in Dubai
Dubai, a prosperous city in the United Arab Emirates (UAE), has been a hub of commercial activity and a preferred destination for entrepreneurs worldwide. With a favorable business environment and access to global markets, Dubai offers several opportunities to start and grow your business. In this blog post, we have compiled a list of the top 10 successful business ideas in Dubai that you can consider in 2023. eCommerce The eCommerce industry has witnessed significant growth in Dubai, with an increasing number of consumers preferring to shop online. Starting an eCommerce business can be lucrative, with minimal investment required and the potential for high returns. Tourism Dubai is known for…
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Business in Dubai: Everything you need to know in 2023
Dubai is known as a hub of commerce, tourism, and innovation in the Middle East. It is home to some of the world’s largest and most prestigious businesses and offers a number of benefits to entrepreneurs looking to establish a business presence in the region. Here’s a closer look at the process of starting a business in Dubai, along with some of the key economic statistics and benefits of doing so. Steps to Start a Business in Dubai: Starting a business in Dubai requires following a set of steps, which include: It’s important to note that for some businesses, there may be additional steps or requirements that need to be…
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