Seth Godin once said, the cost of failure is dwarfed by the huge cost of not trying. This is absolutely very true. Most of the times we do not even take the next step because we are afraid as to what will happen next. We are in our comfort zone and we wish to be there. At work or even…
Tag: Startup
Experience
A very good friend of mine and I once walked into Audi showroom in Bangalore. We just wanted to inquire about their Q3 offering. We initially planned that we would go there, inquire and be back in 30 minutes. After we entered, we were greeted by a receptionist and she then put us to the Executive who was in-charge for…
How to know if your idea is worth starting up?
When you are ready to take your idea forward, the first thing you will need to work on is finding your true clients who buy into your idea. How do you get real time data to see if you truly have a path breaking idea? The first thing you do is set up a website (choose the best and the…
Wearable Technology – Future of Healthcare
Wearable Technology has been in existence for over last 5 years. However, in India, it is slowly gaining acceptance. People have started using Garmin, Apple Watch, Fitbit and now GoQii (Home grown Indian startup in wearable technology space). Garmin has predominantly been in use with sports persons (Running, Golf and Cycling) and Fitbit has also come to India few years…
2 Questions before you Startup
I don’t even want to start with the list of question you would need to answer to family, friends and yourself before you startup. In the long list of questions, there are 2 questions which stand out and answering these two questions with clarity will help answer all the remaining one’s in a breeze. So, what are the 2 questions?…
Key ingredient for building a successful startup
So, you have an idea and you believe this idea can change the world. You started your research and finalized on all aspects of the market viability. Congratulations. Apart from believing in your idea and taking it to execution, there are quite a few ingredients which help with the success of your startup. The first one is Domain. You might…
Is it better to start after competition?
The early bird gets the worm, but the second mouse gets the cheese – Anonymous. Whenever we have a path breaking idea, the first thing we would like to see is if anyone else has done it earlier and how the response has been. At times, it is good to let your competitor start and then you follow. Let us…
Value
If you are entrepreneur or work for a company, the most important aspect of your efforts are showing the value of what is being delivered. Earlier I was in a conversation with one of my mentors and during the course of our conversation he stressed upon two things we need to do as individuals – Present the story well and…
Idea for Healthcare Startup – Mobile Diagnostic center
Two weeks ago, unfortunately, my dad fell down at home and has a displaced hip bone. We got him admitted to an Orthopedic Hospital. They had to wait for three days to ensure all vitals are normal before they did the procedure to correct the hip bone. During these three days, the Doctor wanted to have a CT Scan done…
Toughest part of Idea Execution
Few days ago, I met with a person who left his job in the US and came back to India to start up. His family continues to live in the US and he shuttles between the two countries every six months. His idea is unique and to both of our knowledge, he does not have any threatening competition as on…