innovation lessons from a startup

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- Innovation and entrepreneurship UMAKANT SONI Delivered @ IIT Kanpur Some lessons we learned during our journey

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Some of the things, we learnt the hard way in Life. This is taken from a presentation that we did in IIT Kanpur as part of Alumni outreach program to help budding entrepreneurs .

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Page 1: Innovation lessons from a startup

- Innovation and entrepreneurship

UMAKANT SONI Delivered @ IIT Kanpur

Some lessons we learned during our journey

Page 2: Innovation lessons from a startup

it all starts with an

idea

Ideas are born out of observation, so keep looking carefully

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Page 3: Innovation lessons from a startup

its when one starts seeing opportunities where every one else sees problems

Going against the grain grants you one thing, less competition

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Page 4: Innovation lessons from a startup

Its about looking at things from fresh perspectives

Pitch to as many people as possible, find detractors early

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Page 5: Innovation lessons from a startup

Try out as many combinations as

possible

Failing fast is a necessity to reach the right solution

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Page 6: Innovation lessons from a startup

Its about connecting with

your user

Describe your offerings in your customer’s words

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Page 7: Innovation lessons from a startup

Its about finding greener pastures when everyone is looking for snow

Create strong differentiation with your competition

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Page 8: Innovation lessons from a startup

Choosing the right vehicle is important

Right channel to customer can make all the difference

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Page 9: Innovation lessons from a startup

Relish the drops, they are an indicator of things

to come

Disruptive innovations don’t become roaring success overnight

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Page 10: Innovation lessons from a startup

It will be always a little hazy, so you have to back your guts

There are no correct answers on path to innovation

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Page 11: Innovation lessons from a startup

Aspire for something higher, but keep taking baby steps

Creating a new world

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