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Right Combination Of 'Leadership' Ingredients & Right Strategies Will Surely Elevate The Chances Of 'Success'

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Despite the headwind due to COVID-19, the tailwind factors due to technology have gradually transformed the growth of startups. Opportunities abound for techie, innovative, and unique startups that are leveraging emerging technologies to create actionable outcome.

So, what makes a leader a true leader? When it comes to startups, uncertainty is very common. And the challenges usually overburden any organization. In order to navigate these hassles and hurdles smoothly and swiftly the organization can rise and fall on a leader's capabilities. A leader with a strong vision and a fierce blend of patience, authenticity, tenacity, determination, persistency, and more to focus on goals and be a guiding star and a trendsetter to the team. In addition, it will help in powering through the challenges that startups might confront daily and simultaneously encourage & empower the team from just doing okay to thriving. As a whole, in order to survive all the unknown predators every startup need to fix major issues like right-product market fit, receive good investments, and maintain healthy competition with peer competitors, and so on.

Currently, a number of venture capitalists, an angel investors are curious and gung-ho on Indian startups, as they vision lot of potential among young population of India. From early-stage to seed-stage the investments from the investors and profitability by the startups have witnessed considerable improvement. Both early-stage ($5.9 billion in CY2022) and seed-stage ($1.2 billion) investments grew between 25-35 percent over 2021. This is definitely the stepping stone for further growth in 2023. As a result, the startup eco system has remarkably proved its sole purpose. It has emerged as a great and best podium for young generation to invest, work, and gain experience simultaneously. In order to make India as number one destination for startups, it is very important to ensure entrepreneurship and economic development. Therefore, in India startup culture has created exceptional and perfect opportunity to hone young generation skills and advance their knowledge.

Undoubtedly, due to penetration of IT, customers are becoming aware of the dos and don'ts along with convenient benefits, popularity and viability of startups are no more a difficult task and proposition for an entrepreneur.