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Let's discuss this thread in this week's #GEMChats for #entrepreneurs. What are some common mistakes that #startups, especially #fashion startups make that makes them less viable?
Let's breakdown the mistakes into sections of a business. These sections can take form within the Operational, Connectivity and Knowledge aspect of the #startup business. #entrepreneurship #womenentrepreneur

So let's discuss this. Feel free to mention us and let's talk!
Firstly, Knowledge.

Studies have found that 3 out of 4 #startups fail. Wall Street Journal (@WSJ) reported that fashion is one of the most difficult industries.

The lack of knowledge prior to starting and while running a #fashion startup can be a costly mistake.
Read 13 tweets
1/

#PillPack #Acquisition:

Hi #entrepreneur #startup: One of the best businesses to start - building up the best #distribution pipeline and providing awesome #CustomerExperience .

sam33r.com/home/besbiz

#Technology #ideas
2/

If your someone else is building the distribution network with awesome #CustomerExperience in your space then be very scared - Ask the Hollywood studios about Netflix and Amazon Prime

#Amazon #Technology #PillPack #acquisition #entrepreneur #startups
3/

Amazon to buy (for $1bn) online pharmacy @PillPack which ships prescriptions around the US, and overnight.

Under threat: $400 billion pharmacy business. @Walmart @Walgreens @cvspharmacy stocks dropped.

#Amazon #Technology #PillPack #acquisition #entrepreneur #startup
Read 6 tweets
1/ #FlipkartWalmartDeal is a bit unfortunate for an Indian the #startup (and the #founder) who had chance to be India's Alibaba (and Jack Ma ).

sam33r.com/home/flipkart
2/ Yes, an awesome deal for #founder & #investors.

400x for Accel Partners & Tiger Global's initial investment.

Softbank wld get 1.5x for $2.5bn within a year.
3/ Could they have become $200 B business on their own, with the original team?

Would Indian market alone have supported the kind of growth Alibaba experienced/ing?
Read 8 tweets

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