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Hi, Guys, Thoughts & Updates of the day,

Pronoy here, As I said to all of you last 2-3 weeks ago, since the last 2-3 months we have been able to become more prepared than past to start our growth stage journey. I think we have completed around 80% to 85% work as per our available business resources. rest of the work (15% to 20%) we'll complete after fundraising work ($1M) & building our long-term (10Y) & great fit Indian investors team.

Anyway, since the last 2-3 weeks, we have started working in our free time to remodify our pitch deck file & make it much stronger & informative than past. we want to make our pitch deck much stronger & informative than in the past because from early 2022 to May 2023, we made lots of mistakes for that reason we got lots of investor rejections (from 10 Indian investors), ignorance (from 35 Indian investors) and objections (from 15 Indian investors). we made most mistakes because of a lack of real-life experience in talking with investors (Angels & VCs) regarding raising funds. we hadn't any real-life experience talking with investors (Angels & VCs) regarding raising funds but the great news is we have now.

Anyway, I think within next 1-2 weeks we'll be able to finish remodifying our pitch deck file & make it much stronger & informative than past. after that, we'll start again contacting our current existing higher potential Indian investors (13+). if we require we'll also contact new potential investors to raise our funds so that we can able to start our awesome growth & massive wealth creation journey soon in the Kolkata area (West Bengal, India).

I think If everything goes as per our game plan then we are possibly able to start our growth stage journey from early 2024 :). Read More->https://bit.ly/PMZLinkedin and Learn More->https://bit.ly/MGCEmpire. Stay tuned & Keep supporting us!, Thanks all.

Hi Guys, Thoughts & Lessons & Updates of the day,

Pronoy here, Let's discuss today an interesting topic about 6 types of startups and which one do we belong to?

Steve Blank says 👉a startup is a “temporary organization designed to search for a repeatable and scalable business model”, whereas a small business runs according to the fixed business model.

Anyway, as you know we (I & MGC) have been in the startup business world for around a decade (since Jan 2014). In my opinion, a startup definition is "a temporary organization designed to search for a repeatable & profitable, and scalable business model. however, if check most startups even superstar startups only focus on repeatable and scalable business models, not profitable business models. For this reason, you can see most (over 70%-80%) Indian unicorn startups are not profitable yet but their growth rate is very high. lots of startup gurus & industry experts and angels & vc think startups can't achieve both- growth & profitability. however, after starting our growth stage journey we'll try to achieve both - high growth & profitability. also, most top angels & vcs think early-stage or pre-growth or growth-stage startups can't manage perfectly multiple ventures (conglomerate startups) in different industries/sectors together because mostly nobody has done it yet successfully but we'll try to prove - it can be done :).

Anyway, Guys, Now let's learn more about which one do we (Mohanta Group) belong to? In our journey, around the first 50% of the time, we belonged to Lifestyle Startups, Small Business Startups. now means the last 50% of the time or the last 4-5 years we have been belonging to Scalable Startups, Large Company Startups, and Social Startups categories :). Read the full post here->https://bit.ly/PMZLinkedin and Learn More->https://bit.ly/MGCEmpire. Stay tuned, Thanks all.