#6 Want to start up? Give us your pound of flesh

It is indeed a high price that is being demanded by the administrative authorities to wanna be entrepreneurs. The bureaucracy with its iron fist is all set to crush the startup projects that can give ground breaking results the next day. Loosening of the excessive and harsh Govt. rules can certainly provide hope and enough room for the young entrepreneurs to breath.

#5 If innovations are out, let's do what we do best – copycatting

Almost all the accomplishments in Indian markets are in one way or other a copy of the technologies already introduced in developed countries. Startup founders need to double check the word meaning of ’innovative’ as it has more to do than replicating. We catch up with once launched ideas but are slow to explore untouched areas.

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