Re: Qn No. 3 of Assignment 8

[Debasish Bhattacharyya]

21.10.2021

Dear Team,

I agree that in Qn. No. 3 of Assignment 8, the statement "There is a very high percentage of start-up failure." is correct. 

But, the answer to Qn. No. 3 of Assignment 8 should be "Success and failure of start-ups depend on the idea of start-up."

This is because "idea of start-up" comes much before a start-up starts its journey and subsequently faces success or failure. 

The very first root cause of "success or failure" is always the "idea of start-up". If the "idea of start-up" is not right that implies:

(i) problem has not been identified properly, 

(ii) problem space have not been observed rightly, 

(iii) pain-points concerned have not been diagnosed correctly and 

(iv) the concerns and feedback of the customer and/or user have not been taken into consideration.

(v) the idea of the "offering" has not been correctly thought out or researched.

So, if the "idea of start-up", which includes the above five points, is not right it would obviously lead to the path of failure.

Hope, I could explain my points objectively.

Request you to recheck the above and reevaluate the marks of Qn. 3 accordingly.

Regards,

Debasish Bhattacharyya 

 

[Debasish Bhattacharyya]

22.10.2021

Prof. Rajat Agrawal & Prof. Vinay Sharma

Dear Sirs,

Sorry for bothering you.

I have had good experience with Discussion Forums in other NPTEL courses.

But, the Team, which is assisting you in this course here, does not seem to be very responsive. In the past also I had put up some queries for your kind response in the Discussion Forum. The Team concerned has not responded yet with clarifications/explanations to clear my doubts. Am sure doubt-clearance would have helped other learners as well.

With the proctored test only a day away, I am requesting you to respond to my queries with doubt-clearing points, as mentioned in my two posts, dated 21.10.2021 and 10.10.2021.

With thanks and regards,

Debasish Bhattacharyya