A couple of days back, an idea popped into my head, what we call “Eureka Moment”, glamorously. I was basking in self-appreciation about the novelty of the idea. I sat with my team to have brainstorming on this mythical “Eureka Moment”. We discussed, and discussed a lot, and everybody sounded very confident about the Koohooo!! [...]
It seems start ups and traditional financial institutions are moving in opposite directions. Start ups have got game changing ideas, they are hungry for credit. But banks and other financial institutions have never been stricter with their financing parameters. Frustrated by the traditional financial institutions’ policy of using unworkable metrics, which are often hostile to [...]
“Today, it is all about starting small and experimenting. Business plans get outdated rapidly and market research is no substitute for prototype and user testing. The focus on venture capital is also misguided. VCs rarely fund infant startups—it is angel investors, friends and family who provide the outside seed funding. So even when trying to [...]
“Good entrepreneurship is like having a delicate recipe cooked by an expert chef with ingredients added in the right amounts at the right time. The recipe for startup success is tough to intuit on your own without the help of good advisors. Those advisors don’t make decisions for management. Their only role is to assist [...]
A Startup is an obsession. Don’t start a company unless it’s an obsession and something you love. There must be a self-inflicted unflagging optimism attached to it though looks blurry at the onset of your Startup. It should be in your DNA. It’s just in your mind, and being the architect, you are determined to [...]
Popular culture continues to glamorize startups, often overlooking the harsh reality that 90 percent of them fail. There is so much fiction around start-ups, with successful one being celebrated, while losers get written off easily. Emotional travails of deciding what to build, how to build it, who to build it with, when, where, why, with [...]
Storytelling is crucial to startup success. Failed attempts to effectively pitch and present information to potential investors, customers, and partners can be detrimental to start-ups and can result in the end of the venture.
“Entrepreneur Speaks” tells you about the spirit of entrepreneurship. It lets you peep into the life of an entrepreneur that helps you understand how an entrepreneur takes the prospect of failure head-on and have the determination to come out on top. Let’s meet Phil Libin the CEO of Evernote. He is an entrepreneur and executive [...]
Inventing the future sounds like a mysterious but is a magical process! And, most of us are engaged in this voyage every day. True, that voyage into the future is somewhat Unknown. But we should keep our Hopes up high. And we’ll sure find what is Beyond our Hopes.
Have you seen night time twinkling of fireflies that flash to attract mates? I guess, you have seen them umpteen times, and might have tried to get hold of them in your childhood days. These days, I am truly charmed by the bioluminescent insect that creates light through a chemical reaction that takes place in [...]