International Office|UNTIRTA

Parallaxnet: Innovation Learning Platform (Powered by Vitalus)

Sindang Sari, November 7, 2023 – A transformative educational event unfolded as Universitas Sultan Ageng Tirtayasa (Untirta) hosted the “CEO TALK: Educational Revolution in The Technopreneur – How to Build Startups” on November 7, 2023. The event, driven by Parallaxnet, an Innovation Learning Platform powered by Vitalus, featured the dynamic insights of speaker Mazhar Durrani.The event emphasized the crucial steps in the journey of building startups, from conceiving a groundbreaking idea to achieving scalability and sustained success.Idea and Market Research: The foundation of every successful startup begins with a groundbreaking idea that resonates with the market. Understanding market trends and target audiences is essential.Business Plan: Once the idea is defined, crafting a comprehensive business plan is imperative. This plan outlines product development, sales strategy, and overall business execution.Legal Structure and Registration: Ensuring your business is legally recognized and registered is crucial for its credibility and validity.Funding and Finances: Overcoming the capital challenge involves reaching out to potential investors and pursuing funding opportunities.Build a Strong Team: Assembling a team of individuals with valuable skills and a collaborative spirit is integral to the success of a business plan.Develop a Minimum Viable Product: Creating a prototype for customer testing and feedback enables iterative product improvement.Focus on Marketing and Sales: Effective marketing and sales strategies are vital for promoting the product and achieving success in the market.Customer Feedback and Iteration: Incorporating customer feedback and making continuous refinements based on their input is crucial for product enhancement.Scale Your Business: Scaling involves sustainable and efficient expansion of business operations, often through market expansion, increased production, and operational improvements.Stay Persistent and Adaptable: Maintaining persistence and adaptability in the face of failures and market changes is essential. Learning from mistakes and continually improving is a key aspect of success.Mazhar Durrani, the event’s esteemed speaker, highlighted the significance of investing revenue back into the business, focusing on growth rather than personal luxuries. He emphasized that failures are temporary, and persistence is the key to enduring success.The event witnessed active participation from students, faculty members, and budding entrepreneurs eager to gain valuable insights into building and scaling startups. It underscored Untirta’s commitment to fostering entrepreneurship and innovation in its academic community.Untirta and Parallaxnet are dedicated to providing transformative educational experiences that equip students and professionals with the knowledge and skills required to succeed in today’s dynamic business landscape.

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