Thinking is the hardest work there is, which is probably the reason why so few engage in it. Henry Ford Times are changing. Even though you have the brightest of the ideas, investors and consumers are looking at the fact that it is not about only solving the problem, but reaching the consumers. As entrepreneurs, we need to embrace the…
Continue Reading→Category: Think
Thinking like a pro
Thinking is not art, but a skill which needs to be mastered. In his book Outliers, author Malcolm Gladwell says that it takes 10,000 hours to master a skill. Winston Churchill once said, typically people think 2-4 hours a year and I practiced doing it each day and that is what got me here. In today’s world of fast changing…
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→IoT and Healthcare
Internet of Things will take some more time in playing a crucial role in our lives through Healthcare. I personally see two aspects which are important – Hesitation and Consistency. Hesitation is in regard to using mobile devices to track Healthcare. Even though there are quite a few apps we use today, depending on them to take care of our health…
Continue Reading→Adoption Rate
Aviation and Health Care. Let us take two industries to compare a simple aspect – Adoption Rate. Both industries are part of each and everyone’s lives. There are people who might fly or have never flown, but there is no person who has never visited a Doctor / Hospital. In case of emergency, in aviation, the Pilot who is responsible for…
Continue Reading→Educating the Healthcare Consumer
There are over 1000 startups just focusing on Healthcare in India and we see more and more coming up each day. If you look at the pattern of the startups, predominantly we see competitive startup’s. There is one person who is wanting to solve a problem and they are many others following the trend but with an additional feature or…
Continue Reading→Where is our Creativity?
Creativity is almost lost from our lives. We live in an era where everything is turning mechanical. Right from the alarm in the morning to tracking your sleep, everything is automated. Earlier, we need to set the alarm on the clock each night before we sleep (because we would have switched it off in the morning), but today, your phone…
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→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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