In today’s world, starting a company, finding funding and taking products to market is not tough, but the toughest is to sustain the business. The moment your idea is out in the market, there are a hundred others who will bring similar products with different Business Models. As an Innovator and Entrepreneur, your success depends on how well informed you…
Continue Reading→Category: Strategy
Being ruthless
If you have watched The House of Cards, you are not new the word ruthless. Being a true leader needs you to be ruthless, ruthlessness to the core in focusing what you want to achieve. Frank Underwood might be a wrong illustration for depicting this quality in a leader, but surely there are few things we can learn from him…
Continue Reading→Own the Road
If you are a startup, owning the road is what makes the difference. Creating a niche/competitive product is no longer what makes you differentiated. Everyone has something to offer. What makes the cut is, you creating a platform for yourself and/or your product. In idea evaluation 50% weightage goes towards the differentiator. 5%goes to testing, 20% weighs towards what you are…
Continue Reading→Ideas as Platform
When we have an idea, we focus on building the product. What happens eventually is that the product gets into iterations and over the period of time becomes redundant for various reasons. What we need to focus on is to build our idea as a platform. Think of it as a broader solution and the products are offerings of the…
Continue Reading→Is your startup ready for tomorrow?
You have started up. You are excited and you want to look at all possible situations and scenarios where you can build your startup and make it big. Who does not want it? The aspect of running a company is not just providing a solution/service, but having an immaculate plan of alternative Business Models. What do I mean by this?…
Continue Reading→Position
In the army, the Commander of the force should and must understand his position in relation to the enemy. Else, he will not be able to make the most efficient use of his army and his efforts will go in vein. In the similar way, when you are out to sell your idea, you should be equipped to understand where…
Continue Reading→The Perception Problem
Let us accept that we do not have answers to all the questions. But, we do not want to accept the reality. It is generally more difficult to not know answers to questions. We try and avoid to say ‘I don’t know’. What happens when you are thinking of bigger problems like the Economy in the country, or the Healthcare…
Continue Reading→Attitude towards Error
We all make mistakes and we learn from them. Only when you understand and analyze the error can you incorporate into your life and the mistake never comes up again. But, if it is a one off fix, be rest assured that it will come back. Toyota is quite famous for their Quality and how they incorporate their learning’s back…
Continue Reading→The last mile
Knowledge does not progress merely by gathering data, but by looking for contradictory data. Many a times we like to make decisions based on available data. You want to buy a car and you start looking out based on your budget and interest. In the process we ask our friends as to what their recommendation is and take in…
Continue Reading→Contradictory Data
Knowledge does not progress merely by gathering data, but by looking for contradictory data. Many a times we like to make decisions based on available data. You want to buy a car and you start looking out based on your budget and interest. In the process we ask our friends as to what their recommendation is and take in…
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