The next step in series after ‘Ideation’ for the Entrepreneurship Process is ‘Validating’ the idea. So how do you validate your business idea? If you are reading this post then you absolutely agree that validating is really important. It is almost like a ritual which, in some form or the other, must be performed before …
–Building your own networking startup (Personal experiences) I am working with a leading company who has developed a dedicated social networking site. While we talk about networking in the present world, there are two types: open and specific. Open network sites are like Facebook, Orkut; at the same time, specific networks are like Linkedin, where …
How spammers helped Facebook and other social networks to grow? Read More »
Being an entrepreneur is not easy if you have are not born rich and can spare a lot of money for all types of idiosyncrasies that you might like to exercise; if you are not connected to the world in every possible manner (social and professional); if you are old enough and have little zeal …
5 Types of people who can't become entrepreneurs Read More »
Entrepreneurs or web-entrepreneurs who like to outsource their projects or get people from outside their team to work on their online projects should take care of certain things. If the agreement of work is not fulfilled, entrepreneurs can be duped by rogue techies. Being a freelancer for quite a long-time (more than 7 years now), …
5 Things entrepreneurs should do to avoid burn by a rogue techie Read More »
Which is the most startling part when you read about an entrepreneur who has made big bucks or the founders who have raised few millions of dollars from Venture Capitalists or other type of investors? What perplexes you the most? Probably how did he/she start in the first place? Or how on earth do you …
How To Ideate: The First Step Towards Becoming An Entrepreneur Read More »
What is a Business Plan? A Business Plan is a framework of comprehensive set of factors that drive the business. Business Plans should vary depending on the nature of your business. Though there is no hard and fast rule to present a Business Plan, typically a good Business plan for a start-up should have the …
Entrepreneurship is about development as the entrepreneur grows in its expertise, it brings growth around it that has an angle of change in it. An entrepreneur offering auto repair in a mobile-van has changed the concept that car-owners have to visit an auto-mechanic to avail it. An online book-store changed the buying experience of clients …
You have a great idea; you have gone through several rounds of testing and validating your idea with a sample of your target customers. You have even sounded out your idea with the experienced bigwigs or maybe even with someone from a VC circle! But the thought of acting now [quitting your high paying job] …
What time is the right time for starting on your own? Read More »
My young entrepreneur friends will really enjoy watching the movie “Band Baaja Baraat”, and there are 10 reasons to like it. First of all, I must confess I had a choice between Tees Maar Khan (TMK) and BBB, and I am happy I took right choice. The story is simple, a guy and a girl …
10 Startup lessons from the Bollywood movie "Band Baaja Baraat" Read More »
During my school days, we used to have a time-table for full day. When to study, when to play, what time to go to sleep, exercises etc. and it was a wonderful way to keep us organized and pack in more in the 24 hours. Later, we went to college and got a bit spoilt …
India, as a ground for entrepreneurship, is fast developing, owing to one of the largest youth population in the world. The economic slowdown forced many companies to freeze campus placements, incentivizing entrepreneurship further. A majority of the Indian population today is aggressively exploring options to start something of their own. The downturn has not been …
I have met several techies (including website owners, mobile app developers, entreprise software developers etc.) in the past, who have all the love for creating cool products but rarely any inclination for selling. Reasons for that may include any or all of the below: 1. Fear of facing the customer’s rejection 2. Lack of confidence …
As a startup entrepreneur, you must have been asked often, “How is your venture doing?”. If you do not have a ready answer for this normal question, read on. There are various ways in which you can measure your startups performance. I am highlighting some key metrics to follow: 1. Revenue generated Revenue is what …
As a part of our entrepreneurs training workshops of Nurture Talent Academy, I have traveled over 10 cities in less than a year. A question I am asked in all the forums by budding entrepreneurs is how to start a company? There are many ways to answer this question, and let me give my views …
How to start a company?–an expert advice for entrepreneurs Read More »
More often than not, creating infrastructure including computers, web technology, software, etc consume a lot of thought process of entrepreneurs, who are looking to start small businesses, or just launching their new entrepreneurial idea. Internet or IT world is replete with lots of custom solutions for various types of needs of entrepreneurs. At the same …
5 free computer tools for small businesses and entrepreneurs Read More »
Who is a venture capitalist? Venture capitalist is an individual or a firm that invests in start-up ventures. The term may also refer to an investor who supports firms that are in dire need of funds for expansion. Venture capitalist can be understood as a speculator who envisages a significant output from a new endeavor …
Entrepreneurship is the activity of an entrepreneur in which the person is in possession of a business, enterprise, venture or idea directed towards making profit. In other words, it is the comprehensive set of activities launched and set into operation by an entrepreneur in exploiting the opportunity to find a business. The French word “entrepreneur” …