Category: Entrepreneurship

Entrepreneurship, Sales

Goals setting – 2011

It is the time of the year when we sit back, relax, take stock of the year gone-by and plan for the year ahead. I read a blog by Kelley Robertson on goal setting and really loved it. You can read the blog @ http://www.fearless-selling.ca/blog/stretch-yourself/. Kelly talks about setting 2 goals: One that you think you have about 85% chance to achieve One that is way beyond the above goal and what you really want – Your stretch goal This is what my first boss also taught me. The only difference was that he also asked me to also decide […]

Entrepreneurship

What did you ship in 2010?

Inspired by Seth Godin’s blog #YearInReview What did you ship in 2010?, I decided to do a little retrospection and list down all that I “shipped” in 2010. The list that I could come up with is the following: Achieved all the goals set for the year at work Started blogging in 2010 and I have 38 new blog posts this year Helped 3 start-ups decide their business model Somehow, I get the feeling that this is just a small peck of what I shipped in 2010 and that there were much more that I did but could not remember. […]

Entrepreneurship

Understanding startups – Dropmocks.com – Amazing photo sharing tool

The second start-up that I want to talk about in my series of blogs on start-ups is an interesting start-up called http://www.dropmocks.com/. This is a very simple photo sharing application. To share your photos, all you need to do is drag and drop the photos to the webpage and you get a link that you can then share with all your friends for free. All this can be done under 2 minutes! No registration or sign-up required! No advertisements! Now this is simplicity at its best.   Question now is how they will make money. I see the following options […]

Entrepreneurship

3 reasons to start a successful startup

Any start-up which has gone on to become highly successful does fall under one of these criteria:   They found a solution to a problem everyone knew but no one had solved till then. They found a potential problem not known to the market till then and tried to solve it first They found ways to solve a known problem dramatically (5x times) better/faster/cheaper. There are a lot of start-ups which achieve decent success just by adding new functionality to an existing product/service as well. They thrive till the overall market grows and then inevitably stagnate for growth. The one’s […]

Business Model, Entrepreneurship

Understanding Startups – D2O

Today, I came across an interesting start-up: D2O (as in Distribution 2.0). They have already been profiled in Headstart network and yourstory. The name sounds very interesting. The space is also very interesting. They are in the process to create a product agnostic distribution network which can distribute any product nationwide. They have started operations in Mumbai and are seeking to scale-up. My take on the start-up is as below. The most important aspect of any successful business is the business model. Let me try to put in my understanding of their business model: Value Proposition: Re-define conventional distribution networks […]