Starting up is hard, make no mistake about it, while media romanticizes startups and mostly talks about the glorious success stories, what goes behind is months and years of toil, frustration, fighting all kinds of odds. Cliched as it might sound but overnight success is the culmination of years of hard work. Bootstrapping a startup is even tougher, apart from challenges of building right...
In the highly competitive market today, it seems like a trick question on whether a startup should focus on scalability, which seemed to be a trend until last year, or sustainability. Though one might toss for scalability at the very outset, facts speak otherwise. This year, a lot has been written on the high “cash burn rates” of the star online startups and predictions of doom in the areas of...
On August 1st Uber agreed to hand over its Chinese operations to Didi, in return for a 17.7% stake in the combined company’s equity and $1 billion Didi investment in Uber. Uber, though, will get only 5.9% of the voting rights in the new entity. Investors in Uber China, including Baidu, a big Chinese Internet firm, will get a 2.3% stake. Uber CEO Kalanick will serve on Didi’s board, and Wei...
Harbouring an idea in your head is one thing. Taking the leap of faith to execute, nurture and grow the idea is an entirely different ball game. It calls for a tribe of people that we call Entrepreneurs. Fortunately, this breed is on the rise. They make this game look deceptively simple. Apart from the fact that you have to face a fair amount of social ire and family grumpiness, launching your...
At Mypoolin, we have a consistent and strong belief that a very significant aspect of building a business is keeping the fundamentals strong. The fundamentals are not just the core pillars for making the company stand as an entity, but also serve as defining the form as the firm emerges from its initial amorphous self. When we started the venture last year, we had some basics and an initial...
My job is to meet as many founders as possible to see whether their startup matches our mandate to invest. Any meeting of startups, where, there was no pre-qualification (say at an event or a conference or at a friend’s place etc), most of these meetings go this way: Founder: I am the founder of the startup …. I started this journey… My cofounders are ….. We want to build...
As of April 20th, 2016, Exotel is four years and 10 months old as an organisation. In the start-up investor jargon, Exotel is a VC-funded, high-growth start-up. Our home-grown on-demand cloud telephony services, powers over 1000 businesses of all sizes and shapes. Now, if that’s a lot to take in in one go, welcome to the startup world. This sense of overwhelm is the reason employees and...
We have curated the conversations about #PNChat Twitter chat about iKen – Early Entrepreneur Bootcamp
image credit : @prasanna_Says
ps: This content is curated by eChai team from public posts on social media platforms. In case if you have any queries, then email us at jatin@eChai.in
There are several different types of organizations out there, and the ones that are the leanest in terms of size are mostly product companies. Within the product companies as well, there is a lot of variety in the approach that they take for delivering the desired consumer experience. Some opt for just 1 tool and focus on that (Desktop downloadable products— like early days of Norton antivirus)...
What’s a bootstrapped entrepreneur’s favorite three alphabets? The answer is DIY and there are no prizes for guessing! One of the things every bootstrapped entrepreneur should do is to take ownership for testing their product and not leave it to the engineering team. Wondering why this is important? Here are four great reasons why you should get your hands dirty! Keep the working product aligned...
