Ever Wonder Why You’re Losing Profit and Struggling to Start Your Business?
Have you ever felt like you’re pouring energy, time, and even money into your dream business, only to find yourself stuck with no real progress or profit? You’re not alone. The startup phase is a roller coaster filled with unforeseen challenges, unclear direction, and the constant pressure of competition. For many aspiring entrepreneurs, the hardest question is: Where do I even begin?
I recently came across an eye-opening podcast by seasoned Financial Expert CA Hemendra Gupta that answered this very question. In the episode, he dives deep into one of the most overlooked aspects of starting a business — understanding the industry before launching.
Here are some powerful takeaways that Mr Gupta explained
Know Before You Grow
Many of us rush into launching a startup because we believe in our idea — and that’s great! But belief alone isn’t enough. CA Hemendra emphasized the importance of conducting thorough market research to understand the current industry trends, customer pain points, and existing solutions. This clarity can save you from expensive trial-and-error mistakes.
Have a Direction, Not Just a Dream
Without a clear roadmap, even the best ideas can fail. The podcast highlights how crucial it is to define your value proposition, target audience, and business model before taking the leap. These foundational elements guide your strategy and increase your chances of success.
Why Startups Lose Profit
From overspending on unnecessary tools to misjudging product demand, many early-stage startups lose money because they skip the planning phase. Understanding your numbers, projecting your cash flow, and staying lean in the beginning can help you stay afloat and scale smartly.
Take Action — But the Right One
It’s tempting to “just start” — but smart entrepreneurs know that preparation is power. Listening to experts like CA Hemendra Gupta gives you a head start in avoiding common pitfalls and building a business with a strong foundation.
I highly recommend checking out this podcast episode by CA Hemendra Gupta if you’re serious about starting a business or improving your existing one. His insights could be the turning point you’ve been waiting for.