How do you bootstrap a culture of Innovation and Entrepreneurship in your college? Start an Innovation and Entrepreneurship development activity. Find a few mentors from the industry. Involve your nearest TiE/NASSCOM/NEN/CII chapters. Have each mentor adopt a few projects. They can teach students how to generate ideas, build demonstrable prototypes, find initial users and validate […]
Here are a few entries from my readlog. 1. In Here’s How I Built and Launched a SaaS Company For Less Than $40k, Ryan Shank tells us how he built a SaaS product company in 6 months. Ryan describes: How he found a designer through Dribble (a community of designers) Created product requirements Designed deliverables Found a senior […]
It is always nice to see when some one leaves a big pay check, a prestigious job with one of world’s biggest companies and ventures out into the unknown. It takes a lot of conviction, grit and perseverance to make it. Nest Co-Founder Matt Rogers explains why careers can be made on taking on the challenges […]
Liz Wiseman talks about The Power of Not Knowing . She talks about multipliers and how they work. Multipliers are different. Some of the common attributes you can find in multipliers are that: They are supportive They trust people They listen a lot They make you feel important They seek help They give appreciation They get out […]
Can universities teach students about startups? Yes and no. They can teach students about startups, but as I explained before, this is not what you need to know. What you need to learn about are the needs of your own users, and you can’t do that until you actually start the company. So starting a startup […]
And the first key, critical moment, of Pre-Success, that no one will appreciate but you — is when you get 10 Unaffiliated, Paying Customers. I don’t mean friends of your investors, or your old co-workers or boss. I don’t even mean folks you hustled at some conference or meeting (well done, there, though. But that’s […]
Some great tips for startups on How To Survive Your First Year: Picking The Right Advisor Prepare for your meetings preferably with a list of questions First, find successful, independent advisors who have achieved what you want to. Whether they have bootstrapped a small business to profitability, scaled a business to serve customers around the world […]
CB Insights recently parsed 101 post-mortem essays by startup founders to pinpoint the reasons they believe their company failed. On Thursday the company crunched the numbers to reveal that the number-one reason for failure, cited by 42% of polled startups, is the lack of a market need for their product. The post Why startups fail is […]
I was at a recent event where several budding startups pitched to a guest panel. They were mostly looking for feedback. After listening to about 8 pitches, I talked to the presenters and made some suggestions. I started thinking about the event and felt that I should write down a few things about pitching. Please […]
Nine entrepreneurs describe their approach to finding the initial users and validating their business ideas. Here is one from Rob Walling: Rob Walling, founder of the Numa Group and creator of Drip, an email-marketing tool. “I wanted to find 10 people who would be willing to pay a specific amount for the product once it was complete. […]