The Right Way to Start: Problem First, Idea Second.
Never start with an idea. I regularly get pitched with new and unique ideas from aspiring entrepreneurs and my team mates. In the majority of the cases, the idea is the wrong place to start with. Thinking why? Idea = Solution. Where is the problem? Ideas are exciting, as it is linked with innovation and […]
The Rebel Economy
Today’s economy can be best described as the “Rebel Economy”. People seek decentralization and democratization of power. There is a tsunami against traditional authority. And this is changing the world like never before. Let’s take a closer look at recent trends: Bitcoin, which is a decentralized currency is at its all-time high value. It is […]
Bootstrapping 101
In a follow up to my previous blog post about “Bootstrapping Myths“, here are some tips for those bootstrapped startups. I have applied many of these techniques myself, and hence suggesting the same: 1) Speed is critical When you run a business, your expenses are ON. Your revenue is OPTIONAL (i.e. only available when you […]