What an investor wants to know?

Tired of playing hit and try with financers? Have zero clue on their questions? Well, then tune into ONE CO.Work as we state 5 things an investor wants to know.

Numbers: It’s all about numbers. It always has been and will always be!! The first parameters an investor judges you upon is your ranking on the financial meter. Your financial performance is of utmost importance.

Gear up with foolproof answers on: the financial stability, signs of growth, plans on issuing shares or borrowing money to stimulate growth, debt repayment plan, steps on handling financial obligations and evaluation on revenue streams, acquisition cost and turnover rates.

Competitive Advantage: Venture capitalist have eyes on characteristics such as proprietary features and competitive advantage. They want to know how your solution is better, faster or cheaper than existing solutions, as well as how much better, faster or cheaper it is. If your product or services are not unique, don’t bother knocking at a financer’s door. State facts that shout your market potential is big enough to make investing worthwhile.

Be organized to quantify the customer value proposition, validate that the solution is better or provide data to indicate that such items are meaningful to the customer.

Exit Strategy: Successful investing requires two things – buying right and exiting well. An investor surely wants to know what the exit strategy is and that their portfolio companies embrace sophisticated understanding of the exit strategies. Investors are on a hunt for companies with positive return in a short to moderate time frame. Investor wants to know that a startup is aggressively working on developing the product, partnerships, and network.

Background: Although, passion and commitment will aid you in gaining financiers’ attention. The last thing he wants is that a founder makes mistake on his dime. Thus, investors’ are in search for teams with a track record of high performance and leadership in the company’s industry or in prior ventures.  They will dig into your business experience and background. ‘Chemistry’ between angel investor and entrepreneur is extremely significant for angel investors because they generally take a more hands-on approach in the businesses they invest in.

Market Size: Angel investors put their money in solutions that address major problems for significantly large target markets. Contrary to angel investors, venture capitalists look at market features such as significant growth and limited competition. If your customer base is large and stable than your brand has stronger competitive advantage when pitching to investors. As this serves as a validation to de facto that your company has a great impact to its target market.

 

 

 

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Why sign up for co-working in Gurgaon?

Coworking is a style of work that involves a shared working environment. Coworking in Gurgaon is attractive to startup founders, work-at-home professionals, independent contractors, or people who travel frequently who end up working in relative isolation.

Brad Neuberg was the first to launch an official coworking space, setting up a space he originally referred to as a “9 to 5 group” in San Francisco. Since then, it has evolved into different platforms centered on a core set of shared values: Community, Openness, Collaboration, Accessibility, and Sustainability.

What makes Coworking concept unique?

Coworking people see their work as meaningful.

In contrast to traditional offices, freelancers in coworking choose the work they care about from a wide range of different ventures and companies. At coworking places in Gurgaon, you will notice that startups stay away from internal politics and competition in work office. They do not have to fit in. Rather; a different persona is seen as new opportunities at coworking in Gurgaon. Working among people whose creativity level is on top, helps one to build their own identity.

Reducing cost

Coworking in Asia has become very popular since space is limited in major countries like China, India, Singapore, Philippines, Hong Kong and Taiwan. India is among dozens of countries where the demand for coworking spaces has grown more than 10,000 in 2016. As well as tech startups, coworking is becoming increasingly common amongst digital nomads in Asia. With rental property rates skyrocketing coworking spaces in Gurgaon are a very good option for small startups and individuals to get their business off the ground. Pricing is rather flexible and most co-working in Gurgaon offer daily (starting at 500 per day), weekly and monthly open desks as well group rooms of different sizes (e.g. 2, 4, 6 workstation rooms) and also private rooms for a higher fee.

Create an amazing network.

Coworking in Gurgaon facilitates introduction. There you meet a large pool of talent working over a new idea. Togetherness builds relationships and hence networking. Coworking in Gurgaon stands on the pillars of shared core values and founders tend to look to the members as collaborators more than customers. With collaboration over competition, hire and be hired becomes a trend. Players target freelance professionals, remote workers, and small to medium enterprises (SMEs) who need a space and seek a community with a collaborative spirit. And who knows? Maybe you’ll find your next investor while having a coffee in the break room.

Tip: Be on your marks with your elevator pitch and wait for the go!

For a productive you

Coworking in Gurgaon precedes over traditional office as well as work from home. It eliminates distractions from family members, temptations from the fridge and TV and you don’t have to put on a work persona to fit in. Most coworkers say they were drawn to the spaces for the same reasons that inspired Mr. Neuberg: they like working independently, but they are less effective when sitting home alone.

Amenitities & added flexibility

Now that would be a big reason to work in coworking. Amenities available at different co-working spaces range from free Wi-Fi and coffee to weekly seminars with high-profile guest speakers and shared staff members, such as receptionists, fully fledged kitchen with microwave, fridge & essential crockeries. But the unstructured exchanges that take place at the coffee machine are the real amenities. The knowledge and experience of your peers and small, informal interactions around the printer can spark new ideas.

Your job, your control

Coworking spaces in Gurgaon are normally accessible 24/7. People can decide whether to put in a long day when they have a deadline or want to show progress. They can even decide to work from home, without repercussion. In terms of accountability, you really have no one to answer to but yourself. The hurdle here would be to find inspiration to work but, your inspiration is just a desk away. Sharing your plans and goals will hold you accountable for the progress of your startup.

See how coworking in Gurgaon can change your business, today!

 

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Why Working Less Is A Smart Decision And How To Do It

5 Hard work is important to achieve success. You need to be dedicated towards work to take your start up to the desired height. But for that you also need to take the required amount of rest and breaks.  It is a good idea to dedicate our weekends to relaxing and rejuvenating activities. A good weekend increases the possibilities of a god and a happy week ahead. Here are some tips to have better weekends to perform better at work during the working days of the week.

Disconnect

You have to disconnect yourself from work completely over the weekend. That means you have to find a way to remove yourself electronically from your work on Friday evening till Monday morning, only then it would mean you have really left work. A 24/7 availability for work does just the opposite to you from that you wish out of it. It drains our your stamina to concentrate and work productively and prevents you from refocusing and recharging your energy reservoirs. If you think you cannot cut off from work completely throughout the weekend, try to fix a time table on Saturday and Sunday for quick tasks like checking e-mails and responding to them.

Exercise

You busy work schedule does not let you exercise during the week? Utilise the 48 hours every weekend for adopting an exercise schedule. Move your body for as little as 10 minutes and you will see stress reducing. Exercise also leads to new ideas. More of outdoor activities often spark creativity. Being in different environments stimulate your creative cells. Physical activities like running, cycling, or gardening, exercise leads to production of chemicals in your body which in return energises you. Figure out your favourite physical activity that suits you the best and then include it in your weekend routine.

Pursue A Passion

Pursuing your passion, giving your favourite thing to do or some quality time over the weekend can do wonders for you. Indulging into something you are passionate about lets you to escape stress and opens up your mind and you are able to find new ways of thinking. You can choose from things like playing music, reading, writing, painting, or even playing some board game with your kids can help turn on different modes of thought and help you to develop better as an individual and in business.

Time With Family

Spending quality time with your family on the weekend is essential not only to distress you but also to nurture your personal life. It is the best way to recharge and relax. Weekdays are usually so hectic that the entire week passes with very little quality family time. Don’t let this continue on weekends. Go to the park with your kids, take your spouse for a dinner, and go visit your pals. The pleasure you get out of all this will boost your energy levels.

Don’t change the time to wake up

It’s tempting to sleep till late on the weekend. Though it feels good for a short time, but having an inconsistent wake-up time disturbs the rhythm of your body. The reality is that when you sleep longer than your regular wake-up time on the weekend, you end up feeling groggy and tired. This spoils your day, the tiredness continues to Monday thus making you less productive. If you wish to catch up on sleep, going to bed earlier is a better and wiser choice.

Different people have different ways to recharge themselves and pull up their energy levels back. The tips above are advisable as they contribute to build an ideal lifestyle to establish life and work balance which in return improves your productivity.

Click Here: Coworking Space In Gurgaon

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5 Successful Women Entrepreneurs

The male dominated world has been taken by storm by Women Entrepreneurs. On this Women’s Day, ONE Co.Work would like to recognize and salute 5 successful women entrepreneurs.

  1. Sakshi Tulsian, co-founder, POSist

POSist, a Saas-based eatery management platform, manages India’s mushrooming restaurant industry. It enables restaurants to manage their customer relationship management, table orders, inventory, delivery, take-away, expense, branches etc.

After her graduation, Sakshi Tulsian, co-founder, POSist got a job at Sapient. After a two-year stint she wanted to do something of her own.  However, the idea for POSist came to Sakshi Tulsian when she couldn’t find good software for her own restaurant venture.

  1. Nidhi Agarwal, founder, Design ‘N’ Buy

Design ‘N’ Buy provides high-end ecommerce software solutions for B2B and B2C companies such as print service providers, trade printers, and distributors. Design ‘N’ Buy builds web-to-print software to empower corporate websites to automate that.

Nidhi Agarwal, founder, Design ‘N’ Buy always tried to carve her own identity and never done the expected. A quintessential small town girl, Nidhi Agarwal, overcame many obstacles such as learning English, mastering open source technologies etc to live her dream. She proudly embraces 30+ team and above 500 projects.

  1. Almas Khan, Director and COO VTest

VTest provides software testing services accompanied by detailed test reports and a digital certificate. Their business is restricted only to testing, a niche software development pain point.

Director and COO Almas Khan first dipped her hands in recruitment field, but soon found out that her interest lies in tech. In midst of a break from work, she did testing pro-bono for a friend and realized this was what she wanted to do, and so came into existence VTest.

  1. Ankita Sheth, co-founder Vista Rooms

Vista Rooms is a niche business that offers low-cost luxury accommodation in Tier 2 and Tier 3 cities across India. Launched in April 2015, their website now offers stays in more than 70 cities and over 500 hotels.

After travelling for one and a half month to various small cities and experiencing bad hospitality, Ankita Sheth drafted a plan to extend standardized hospitality and making pleasant budget travel a possibility in India.

  1. Niharika Jhunjhunwala, founder, Sugarbox

Sugarbox is a gift subscription service that allows women to indulge themselves. All you need to do is subscribe, and you’ll get gifts – which could be fashion, beauty, lifestyle and gourmet products – handpicked by in-house stylists every month.

Niharika pursued her higher studies in Economics and Management from the London School of Economics. Post which, she returned to India and did a trainership programme in the Performance Management Division of the Cabinet Secretariat in Delhi.

Subsequently Niharika got married and settled in Mumbai. She wanted to do something on her own. One thing led to the other and Sugarbox was born.

 

 

 

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Know and Prepare for the First Five Milestones of Your Start Up

In a world of start ups, the bitter truth all the start ups have to know is that most of them will fail. Specially, new entrepreneurs should prepare themselves for various kinds of odds. The differentiating factor that separates experienced entrepreneurs from those just starting out is knowledge. If you want your start up to work out well, you must focus on educating yourself on common milestones. This will give you a better chance of getting your start up through the stages of your growing business.

know-and-prepare-for-the-first-five-milestones-of-your-start-up

First Revenue

Your first most earning or revenue is a sign that your business model can generate revenue. It indicates towards the validation of demand and market for your product or service. Yet, there are some things about your first revenue that you should keep in your mind and that will provide valuable insight into your business.

Remind yourself how long it took you to generate this first earning. Next, analyse how long it will take you to generate your additional revenue. Also calculate how much time, money, or effort did you invest into it. Then try to find out how you will be able to cut your acquisition cost down.

If you find that a lot of time was consumed to generate the first revenue, or if you had to spend more on customer acquisition, then you must realise that you need to re-evaluate your business model. Figure out the possible problems early on and make the required corrections. This way you will be able to develop a scalable business model and make long-term growth possible for your start up.

First Hiring

Clearly define the goals of the posts that you are trying to hire for and simultaneously determine whether there is scope for growth. More importantly, don’t overlook adding diversity to your team. Add diversity in terms of experience, skills, and networking. Try to hire people who you get along with well. Bringing in someone who will expand your capabilities will further expand your horizons. Don’t let your team members just multiply what your current team already does well.

When you find an ideal candidate, make efforts to properly incentivise them as one of the first employees in your start up. Their performance is going to have an incredible level of influence on the success of the company at its early stage, so make sure toreward them appropriately.

First Investor

When seeking your first investor, you need to have a relevant network as your connections will let you reach people with valuable experience in your industry. Try to figure out if they genuinely intend to dedicate time and effort to your business idea or if they’re just looking for more and more start ups to bet on.

A genuine investor’s value goes much more than money, they must also serve as a mentor and friend. Such intangible benefits are actually more significant than any funding.

First Pivot

Your start up will have to pivot at one point or another, that is inevitable. It is not practically possible to anticipate exactly the market needs until you fully get immersed into it. Work with customers and adapt your business model according to the data collected.

Utilise your industry knowledge to pivot your business in an effective and useful manner. It might require you to make a change in the way in which you approach a slightly different market need.

When you pivot, don’t forget to clearly communicate the change to your customers in an equally effective manner. The potential customers shouldn’t be left wondering the status of your previous business.

First Office

Your first office is not only a place where you will work but it is a lot more than that. It is a reflection of your start up. It becomes the face of your business and demonstrates to your employees, investors, and partners the kind of environment that showcases your best work and ideas. As your office is such an important aspect of your image, make sure that you consider all the important factors while selecting an option.

For instance, ONE Co.Work provides ideal co-working space for budding start ups. The plug and play office spaces are located in prime business locations of Delhi-NCR, namely, Connaught Place, Netaji Subhash Place and Gurgaon. The aim is to buoild an appropriate community and work environment for start ups.

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3 Easy Steps to Enter Into Leadership

Leadership can be and is challenging in many ways, especially when you are just entered the industry with your start up or taking up a new position at your current workplace. ONE Co. Work brings you three ways to help you to execute great leadership and prevent overwhelmed feelings, frustration and anxiety about what your next move should be.

Read on to know what you need to do so you can reach the ‘Next Level’ within your career:

Pen Down Your Stuff!

Do not neglect to write down all the great things you have done or are actively involved in at present. It is a huge oversight when building your career to not make a record of your small and big doings.  Your boss will not remember the things you’ve done and it is not fair to expect it from them either. It is not their sole responsibility to help you build your career.

Do yourself this favour and start writing down the projects you have headed, the money you’ve brought in the company or how many accounts you have earned. This will help you to clearly articulate your value. If you expect to be recognised as a leader, you need to realise your worth yourself first. This will establish your impression to be someone of value within the organisation. Don’t just do your job like everyone else, as then there will be no reason to identify you as someone set apart from the norm.

Develop Behaviour of a Leader

If you want to be recognised as a leader, it is important that your behaviour reflects strong characteristics of leadership. Let people know they can come to you with problems and you can help them to find solutions for their problems.

Ensure them that you will take out time to understand their issue and help them solve it. If no one sees your problem solving nature, it becomes hard for them to think of you as being valuable to others. Leaders don’t back out and step up to take challenges, they prove to be resourceful and they are genuinely reliable.

Build Up Solid Relationships

Try to build healthy relationships with managers and leaders/influencers within your organisation. Put efforts to find out what they like, what problems they are facing and how you can help them. Don’t limit your relation with others to just coming to them with your hand out and expecting them to do you a favour. Instead, ask what you can do for them and resolve issues they are facing within their work environment.

This is not only helpful in terms of adding value to them, it is also beneficial to you because it will help you to explore more about the work environment. You will also understand what you may have to face if you were in the same position they are in. This will help you to prepare better.

Knowing even small things like what type of coffee they like, things they do during lunch time and their interests when outside of work can help. This will let you find a common ground and build on it. Try to know more about them who are in positions you desire to be in.

 

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How to plan successful workspace events

Events are an essential part of workspace community. They provide the perfect excuse to drah the members away from their desks and get them interact. It is also a great approach to demonstrate the added-value of membership at the co-working space.

Curating a successful workspace event for start ups, however, is not as easy as it sounds. It becomes even more complex if your workspace members have a varied range of interests, hobbies, and lines of business. Organizing a successful event is an attainable goal. All you need to do is to cover some bases first.

Here is some knowledge on what it requires to curate a successful workspace event, be it big or small.

When planning events for your workspace community, you need to take into account the kind of audience you have. It might seem to be an obvious statement, but people often end up wondering why the success and involvement is not as they expected it to be. It is mostly because they missed their mark somewhere along the way.”

how-to-plan-successful-workspace-events

`Before you set out to organize the events, it is ver important to find clear answers to the following questions:

What do your members want?

What do your members need?

What is something they would like to attend if money, time, or distance weren’t a factor?

What are your members’ various interests?

Once you have found answers to these questions, start planning the event around them. It is easier to guess such things if you are organising a small event. The real trick is required when it comes to bigger events.

You cannot and will not please everyone and you need not be guilty about it. Some events may attract some members, while some may not. Instead of focusing on organizing one perfect event, aim to organize a variety of events covering different fields of interests.

In order to cultivate a community with proper balance and to ensure maximum engagement, try to rotate the types of events you host. Some ideas are dressing for success, marathon training, legal advice, tax preparations, yoga and meditation sessions, to name a few.

The parameters to check the success of your events revolve around the value of the content, the level of engagement and response received, and the overall takeaway by the audience.

The important point to remember is that not every event is a party and not every luncheon is for business

Business is not all work and no play! Some great fun ideas include organizing happy hours and inviting the workspace community members as well as the local community. You can also encourage members to invite their friends and network; you never know when someone else’s best friend turns out to be a useful business connection for another person.

After you have settled on some events you’d want to curate. The next step is to spread the word and let people know about your upcoming event. Using technology is the best way to do it.

Technology if used well, can be a major form of marketing. For example, the current trend is to list all of the planned events on dedicated pages on social media platforms like Facebook, Instagram, Twitter, and monthly mailing also helps in sending regular reminders.

After the word is out, it is time for real action.

Remember that an event is a form of hospitality. You must be warm, welcoming, inviting, and greet your guests affectionately.

Make your attendees feel comfortable, this includes arranging proper seating, temperature, lighting, sound, and of course, refreshments.

In the end, remember it’s not about the grandeur and magnificence of the event, it’s about how you could add value to your co-working space and the community of your members.

 

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