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Ship vitamins while curing cancer : Sridhar Vembu mantra for deep tech founders

By news April 6, 2025 0 Comments 2 min read

Key Takeaways

Deep tech businesses must have commercial applications for their products to be successful.

This is not just about generating revenue but also about creating value for customers.

Companies must focus on solving real-world problems and creating products that meet specific needs.
The Importance of Commercial Applications

Deep tech businesses often focus on developing innovative technologies, but they must also consider the commercial applications of their products. For example, a company developing a new type of battery might focus on the technical aspects of the product, but they must also consider how it can be used in real-world applications. For instance, can the battery be used in electric vehicles, or in renewable energy systems?

The Debate on Innovation in Indian Startups

The Commerce Minister’s statement has sparked a heated debate on the quality of innovation in the Indian startup ecosystem.

Understanding the Stages of Business Growth

Entrepreneurs often find themselves questioning when their business will reach a point of self-sustaining growth. This uncertainty can stem from various factors, including the business model, market conditions, and the entrepreneur’s own abilities. However, understanding the stages of business growth can provide valuable insights into the process and help entrepreneurs navigate this uncertainty.

Start-up phase: This is the initial stage of business growth, where the entrepreneur is still in the process of developing the business model, product, and market.

Growth phase: During this stage, the business starts to gain traction, and the entrepreneur begins to see revenue growth.

• Scaling phase: In this stage, the business expands rapidly, and the entrepreneur must navigate increased demand, competition, and resource constraints.

Maturity phase: At this stage, the business has reached a level of stability and consistency, and the entrepreneur can focus on refining the business model and exploring new opportunities.
Overcoming Self-Doubt

Entrepreneurs often struggle with self-doubt during the growth phase, particularly when faced with uncertainty about the business’s future.