This morning I read Om Malik's piece on DropBox and how they've become the company to achieve a billion dollar run rate in the shortest time - 9 yep, nine years! The Internet might have hastened the pace of our world. The network has turbocharged growth and expansion. However, it looks that growing into business still … Continue reading Building a business is still on human scale
"I want to take them to Chennai. And Goa!" My daughter was all excited, in that way that only teens could be. She was making plans to bring her friends to Bangalore - next summer. And even before that she was keen to take them to not just Chennai and Goa but Benaras - as … Continue reading Forgiveness – a virtue in founders
"Yellow car!" Usually, this declaration is accompanied by a playful swat from my daughter. Once we got playing this game, of who can spot a yellow car first, I began noticing a lot more yellow cars out there. I'm sure they were there all along but just that I never paid attention. Much like that … Continue reading 4 Things That Families Can Do to Help Entrepreneurs
“So how did the meeting go?” My friend was in the process of hiring a private banker to help find a buyer for his business. “I thought it went really well. He liked what we’ve done so far and felt that there’s some interest in the market. However, he feels it's really important to improve … Continue reading Do You Understand Revenues and Profits? A Primer
Marketing is probably one of the most misunderstood of functions - particularly in startups. Product development or even sales seem easy enough to understand but the average entrepreneur struggles with marketing. One of the reasons for this is our common confusion of activities (what does marketing do) and outcomes (what should marketing accomplish). The emergence … Continue reading What is marketing’s role in a business?
“I remember the first time I closed a big deal - was for about 50,000 bucks. That evening, I went out and got myself a fancy watch - that probably cost me half as much,” my friend Murali recounted. He’d been invited to talk to a group of young entrepreneurs, who were looking for mentors. … Continue reading How much money do you want?
“Can I meet with you today?” Usually, when I get such a call, which I do about once in two weeks, the entrepreneur wants to meet immediately. In this instance, I suggested that we can meet the next Tuesday. The entrepreneur, let's call him Jack, persisted, “If it’s okay can we meet today please?” So … Continue reading 5 Questions Founders Need to Ask, Annually
This last week, Brad Feld, a managing director at Foundry Group in Boulder, Colorado - shared a video (below) he's made for an upcoming event about Entrepreneurship & Mental Health. Brad as an entrepreneur who went on to become a VC belongs to the small group of VCs (including Fred Wilson, Mark Suster) who are both … Continue reading Entrepreneurs & Mental Health
The Seed Accelerator Rankings Project reports over 150 accelerator programs in the United States. In India too we've seen a large number of accelerators pop up over the last two years. Yet this last week, Dave McClure of 500Hats was quoted saying "If you think that running a startup is a bad idea, then running … Continue reading Brandery Demo Day Insights
Like nearly every family WhatsApp group, mine if often filled with all kinds of forwards - that I tend to largely ignore or quickly glance and not dwell too long on. This morning my sister shared this piece on WhatsApp and it made me stop & think. It's always sobering to see oneself in the … Continue reading Anger & Knowing One Self