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 […]
My first business failed even before booking a single penny in revenue.
Internet services were made available to citizens of India on 15th August 1995. I entered college in 1996, and someone told me that it is cheaper to use email over ISD (international calling) to stay in touch with friends who went to the USA. Email was not at all common in those days. After a […]
Giving back – Building a start-up ecosystem
I come across many who want to contribute towards building the start-up ecosystem in a given geography or in general. And, I have a lot of respect for their enthusiasm. If you are one of them, you can do the following to REALLY make a difference. 1) Build a business. There is no better way […]
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 […]
Bootstrapping Myths
Recently I was asked to speak about “Bootstrapping a Service Business” by Startup Saturday. Though I knew (fuzzily) about bootstrapping as a concept, but I never knew the real meaning. Strange! “Bootstrapping or booting refers to a group of metaphors that share a common meaning: a self-sustaining process that proceeds without external help. The term […]
Seeders – Angel fund and incubation for the tech startups!
I had precisely three envelope entrepreneurial ambitions! I call them envelope as each of them encompass several small ambitious projects. All three are aimed to change the world in my small way and make it a better place: To build a successful Internet technology company which can enable millions of businesses To bring mass scale […]