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What does the RenB Virtual Startup Program Do For Early Stage Startups ?

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A lot of Early Stage Startups wonder WHY they should go for a Startup Program. Let us just tell you a FEW reasons why.

  1. It is absolutely essential. Not only are you developing your skills as an entrepreneur, but you’re pacing yourself for the race you’re going to begin.
  2. It helps strengthen the basics of your business.
  3. It definitely does a great job with boosting your confidence.
  4. As a startup having a big team is a luxury. With this mentoring you automatically start feeling like a part of something bigger.
  5. It propels the speed with which your startup will function 5X.

We at RenB provide virtual startup program for early-stage entrepreneurs. Unlike the mainstream incubator that requires you to sit in a little room with your laptop (probably surrounded by other startups) and potentially being fed with philosophical startup jargon, we ACTUALLY try to make a difference.

How you may ask? You see, at that crucial point of you just beginning your venture, you will notice making a lot of mistakes, wasting a lot of resources (time, money, etc) and and trying to fight back a lot of competition. In the midst chaos, we try and provide some clarity.

Our startup program basically involves us sitting with you and actually building your business with you. I mean practically building your documents and roadmap to success. Not with some flaky-done-and-dusted concepts. But actual working frameworks.

So yeah, as a newbie to any industry you choose, that little push we give, or the help we provide will boost you past a lot of other entrepreneurs.

You’ll be organising your Marketing, HR, Launch strategies and much more while the others are still trying to figure out the background to their powerpoint presentation. THAT’s how much better an early stage program makes you.

Look at that picture above. You see the guys running down below? You won’t be them. You’ll be the happy guy on the rocket. And usually – we’re the rocket, man.

If you’re going to do something – do it right. Build a STRONG reliable foundation. And take the help you need. If it’s going to add value to you – Why not?

If you’re one such entrepreneur – you can always shoot us an email at or even apply on our website at

Mistakes that Kill StartUp #6: Hiring Bad Programmers

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Like we said before, this mistake is pretty self-explanatory. For StartUp founders that are familiar with coding, and are technically inclined themselves, this mistake is not applicable.

But everybody wants a piece of the tech-space. A number of startup founders have pure business backgrounds and zero knowledge on actually building their product. In these cases they hire their technical team. The conundrum with business-minds hiring techie-minds, is that they have no idea how to evaluate their profiles. So they end up hiring bad programmers, and what was once a seamless idea, is now a haphazard product.

Mistakes that Kill StartUps #5: Stubbornness

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Stubbornness can be explained the best through the ‘Kodak Case’. Kodak failed to accept digital photography as the new way of life. Stuck with their film-based business model, the Startup’s management failed to evolve to all that digital technology had to offer. Even with the growing fame, use, and extended technological boundaries, the company could not cope up with evolving it’s business model to accommodate the ‘new’.

Some firms are so rigid with their idea, that there is little to no space for improvement. Don’t get attached to your original idea. In the case of startups, that idea will be broken down and analyzed a number of times. You never know what the new change might bring.

It is important for your StartUp to be flexible with its business model. This does not mean changing the direction of your service/product every week. But if there is a change your users are excited about, adapting your model to incorporate that change is probably a good idea.

Mistakes that Kill StartUps #4: Derivative Idea

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It is easy to confuse the point above. Many startups run the other way with competition. The moment there is a winning idea out in the field, they tend to copy it, and follow their trajectory.

But it is key to remember that solving an existing problem formed the greatest StartUps. It is when you’re providing a solution to a very REAL conundrum, that you will start making headway. Solve a problem that you personally face too, or that you personally feel the need to fix. Ask yourself and the people around you about what they wish there was, or what they usually complain about.

Derivative ideas will lead you to creep in on some StartUps existing customer base and exploit only a part of it. Don’t try to eat out of someone else’s cake when you can bake your very own.

What should I look for in an Online Virtual Incubator?

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You should look for reality.

If you’re going for a virtual incubation program, you need to ensure the program is solid. Most of the mainstream incubators are just way of getting a co-working space for you and your laptop. When it comes to online Incubation – it’s more than that.

We can equate this with our own virtual incubation program. You’re now sitting one on one with the team. So you need to ensure that the incubator is able to provide you with tremendous and diverse experience.. especially in your domain.

You need to ensure the incubator will give you face time. Let’s admit, going for a worksop with 5 other startups, listening in on some guy throwing startup jargon at you is not going to take you anywhere. Which is why we SIT with you, and help you ACTUALLY build your documents, roadmaps, finances, strategies… etc. (To name a few). You need exclusivity – so look for it.

You need someone who can support you through the highs and lows of that turbulent startup phase you’re in. So you need experts, with brilliant connections, partners and attention to detail. Plus the moral support of an entire team backing you up never hurts.

You need seamless execution. When you’re dealing with ONLINE VIRTUAL INCUBATION – you need to ensure that the people you’re working with have a system in place. Seamless meetings and brainstorming sessions, so that you can optimize your time with them.

Flexibility is another important essential. You cannot work with someone who either listens to everything you say and just goes with it (that would be counterproductive). Nor can you work with someone who says his way is the best way. Flexibility to innovating your own strategies and being able to mould your company for the better, with the help of this incubating team, is what will put you on the list of big names.

These are just of the few things we do at RenB Solutions for the startups in our Virtual Incubation Program. If you’re serious about what you do, and you’d like to apply, you can always apply at .

Mistakes that kill StartUps #3: Marginal Niche

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The crux of every startup is to build on an idea that will be catering to an untapped market. But there’s a thin line between and untapped market and an insignificant untapped market. It is important to identify the difference between these two and choose a profitable option.

In the race to offer a service that isn’t already available, most startups access a virgin segment. The hope attached to this ideology is that the number of competitors they will face will be little to none.

There is a certain risk involved with grand ideas. These are avoided to provide a safety net for the founders. But it’s important to know, by avoiding this competition; you’re running away from great ideas. Competition is a given, and if you’re building something good, you WILL have to deal with that. So you might as well deal with it head on.

Are accelerator advisors and mentors worth it?

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Did you ask your science teacher – WHY they were teaching you science on an elementary level, when they could be researching on the cure for cancer themselves?

Did you ask your Hockey/Football/Basketball (etc) Coach WHY he was guiding you instead of playing on a major team?

NOPE. Because we all have our ways of putting our talent out there. A coach for example – could be a GREAT athlete at a sport. But he may just be EVEN GREATER at TEACHING the sport. That’s the path he chose because he knew it was his calling.

We all have our core competencies. Ours happens to be GUIDING and ACCELERATING your business. We could do a brilliant job building a company ourselves (Which in our defence IS what we do). We just happen to be even more brilliant at GUIDING you to BUILD YOURS.

Every business model is different. Every founder that comes to us is different. We happen to excel at optimising your resources, time, and pointing your venture in the right direction. We have an experience of helping business’ scale up across the globe. We are good at taking a mere idea, sitting one-on-one with the founders – and turning it into a full blown startup! (Even facilitating funding)

See? We’re already doing SO much! What more can you ask for eh?

So if you’re sceptical about joining an accelerator, because you’re questioning the legitimacy of their experience? Don’t be. All we want as a team of individuals is to drive the success of the entrepreneurs that come to us and help build a magnificent startup ecosystem.

That’s what we’re good at. And that’s what we do.

If you’re serious about your venture and are wondering whether or not you could use the help of an accelerator like us – You can always email me at  or log on to and Apply! Like we said – We like to help .

Mistakes that Kill StartUp #2: Bad Location

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Can you sell sand at a beach? Nope.

Location is one of the most crucial aspects of building your StartUp. There is a reason why startups flourish in some places more than they do in others – Silicon Valley being the perfect example. It is important to choose a location that will be favorable to the growth of your startup.

There are a number of factors that need to be taken into consideration. To name a few, some cities are a better option because of the customer profile they offer, the quality of employees you can hire, the technological support you can get, and even the supporting industries there. That’s just a fraction of the factors that you should consider.

Although this might seem like the easiest mistake you could avert, in a diverse yet developing country like India, it is harder to zero in on the right location than you might think.

Can 20 something’s start successful ventures?

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How do young entrepreneurs build a successful StartUp?

RenB is always happy to hear about Generation Y taking things into their own hand. The number of 20 something’s wanting to build something of their own is rising with each day. With the right mix of passion for product, and passion for money, they can actually be successful.

Being a 20 something, you’re either still studying or might have just finished your course. This is an optimistic time for you. We don’t want to rain on your parade, but we’d like you to know that starting a business is hard work.

There’s a famous quote by an entrepreneur that wanted to move to the U.S. to come up with his own StartUp.

“Before I moved to the U.S., I heard that the streets are paved with gold. When I got here, I found out 3 things :

1.The streets were not paved with gold.

2.The streets were not paved at all.

3.I was expected to pave them.”

This quote is a famous one that has been used by many entrepreneurs as a mantra. Why? Because it perfectly depicts what starting a venture is like.

Here are some statistics you should know as a YOUNG entrepreneur.

95% of successful entrepreneurs have a higher education. In fact 70% are married when they DO launch their first StartUp. What does this tell you? – Building something big requires two Ex’s (Not Ex- Girlfriends or Ex-Boyfriends, but we’re sure the rule applies with relationships too *wink*)



It is hard for young entrepreneurs to have bundles of these two ex’s because these take time. Here is where – HELP comes in.

When we started the RenB StartUp program, we realised HOW many young entrepreneurs like you, needed our help. So we would suggest you join the program. Take help building what you want to build. Validate your idea. Have professionals HELP you solidify your business models. Help is a good thing.

If you truly are serious about your idea, and want to build it, you can always email us at  or log on to to apply.

Mistakes that kill StartUps #1: Single Founder

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The number of successful startups with a single founder is… well not enough to mention. Let’s be honest, as great as one-man-armies sound, they’re pretty unrealistic. Every Abercrombie needs a Fitch, every Wright needs a brother, and every Founder needs a Co-Founder.

To begin with, a single founder looks questionable. Get’s you thinking – “Could he not convince anyone to build it with him?” “Is he flexible to accommodate the opinions of others, if he can’t accommodate a co-founder?” and many more.

Now it’s not imperative to have more than one founder, but it is preferable. Building a startup is a lot of hard work, and that hard work cannot be done alone. It is only a bonus when you have co-founders that help you build on your ideas, provide a different perspective, give you reason against stupid decisions, and of course – lighten the load. You’re going to have a bunch of low points through your journey, and when you’re bound by other people, it helps you power through. Who doesn’t like a little moral support?