Skip to main content

Posts

Showing posts with the label #entrepreneurship

So you want to be an Entrepreneur....here are few things that could be of help

So you want to be an entrepreneur. Don't know where to start? When to start? Not quite sure about the challenges...well here are a few questions to start with...although not quite in an order of importance but worth considering. 1.       When is the right time to start?    There is no better time to start than now. All you need is a strong desire and belief to start. Neither     is it too late to start. Don't believe. Check this out.  2.       Do you bootstrap? Well if you don't, then learn. In general parlance, bootstrapping usually refers to a self-starting process that is supposed to proceed without external input. Many of today's largest companies started with bootstrapping including the likes of Apple, Dell, Zoho - Bootstrapping had a major role to play in their success. Hence it is important to learn to live and survive with bare minimum for the initial months and y...

Questions for Startups n Startup Entrepreneurs

The Indian startup story is getting bigger and bigger. A lot of startups, big or small have already made the cut or are in the process of making the cut. However the growth story has not been all hunky dory. There are a lot of questions which remain unanswered. Leaving them unanswered may prove  dangerous or even fatal. Probably for someone with a hardcore background as entrepreneur the questions may not be significant but they definitely are worth considering. The list though is not exhaustive. Is is it always necessary to burn cash and offer heavy unrealistic discounts to grow the business? Is this the only way of doing business? Is there not any other way? Don't businesses that bootstrap do well? What business sense does it make to spend Rs. 100 and generate revenues of Rs. 10-20? If you feel I am exaggerating please note some cases its even worse. Why go on recruitment spree only to lay off people later? Some startups that started only two years back shot to a ...