A naukri.com initiative
Medium
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ReflectX — BurningMan for Startups and Investors
- ReflectX is a festival that brings together startups, investors, and tech enthusiasts in Cyprus, creating a platform for networking and collaboration.
- Participants at ReflectX engage in sharing ideas, seeking advice, and building connections in a friendly and supportive environment.
- To participate, startups can submit pitch decks for a chance to win cash prizes and attract investments.
- Preparing a concise and informative pitch deck is crucial, focusing on highlighting problems, market potential, and solutions rather than just the product itself.
- Despite not being selected as top participants, presenting at the pre-party provided valuable feedback from investors, guiding towards market focus and user retention strategies.
- Interaction with investors, entrepreneurs, and industry peers during networking events like Speed Dating and Shark Tank offered insights and potential partnerships.
- Valuable advice received included the importance of starting small, targeting specific user groups, and exploring opportunities in B2B partnerships for sustainable growth.
- The festival served as a turning point for reevaluating strategies, with a shift towards booking venues and trainers in the sports industry.
- Key takeaways included the significance of gradual growth, user retention, and diversifying into B2B services for long-term success.
- ReflectX provided a valuable experience in networking, learning, and potential business pivots, emphasizing the importance of active participation and engagement at such events.
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