Category: Entrepreneurship

Entrepreneurship

Great resource for entreprenuers

I came across a great resource for entrepreneurs to continuously learn different aspects of running a start-up or a small/medium enterprise. Mixergy is a great site for start-ups to continually learn from proven entreprenuers on how they ran their businesses. Everyday, they post an interview with a successful entrepreneur exploring his/her journey till date. The questions asked in the interview are intelligent and result in great insights for the listeners. These interviews are available for about a week on their website for anyone to listen free of charge. They also have a paid service (Courses that you can take on the different topics) which provides […]

Entrepreneurship, Ideas

It takes a team to win!

Building a team Tell me o Sir, when is the time to go looking out And get a team who would work it out He says: ” That’s a great topic that you have brought up One that’s most difficult for a start-up The best time to build a team Is when you are getting started-up Delay it a bit and you might not have a start-up Get it wrong and for sure you will not have a start-up This is one of those things that could either destroy Or give a new-lease of life Hmm, I understand this now […]

Entrepreneurship

Funding your startup

Now that I have an idea That’s close to my heart and soul How do I get the money To let the ball roll He says: There are 3 sources ofmoney             Your Money             Their money             Someone else’s money             Yourmoney is the money you have Their money is their ownmoney Someone else’s money issomebody’s money, No one knows whose money. Each kind has its own vicesand nices Tostart a business, its best to use your own money But make sure you don’t useall your money Being a miser, […]

Entrepreneurship

Wisdom to Start

I have searched for a teacher far and wide read countless books and listened to countless men Talk about starting a business! But I am yet to meet a man Who’s done it all Ran some successfully Sold some successfully, Lost money in some And willing to share his wisdom! Introduction One day, a friend of mine told me about an old man Who had started a number of businesses Some highly successful & some barely so Some utterly failing & some marginally so Some he sold for a killing & some to stay afloat He was open and willing […]

Entrepreneurship

Lessons from a start-up which shut shop..

I started a small distribution business sometime back in a small town called Salem in the southern state of Tamil Nadu. I had a decent run with the business but had to close it down due to multiple reasons like the business was not able to scale, I started having cash flow issues as the receivables were spiraling out-of-control, etc. I ran the business for about a year and a half and these years taught me more about running a business than any amount of reading or teaching could. Yesterday, I was asked by someone about my experience during this […]