A Special Day for me

Hello Friends,

I was planning to share a small bit of happiness with all of you today. That’s when another small happening made me a little more happy. One of my previous blog post (which I shared from some other source since I liked it very much) inspired an author, Julie Zeveoff of Business Insider to refer and write about the post in Business Insider Life, Business Insider Australia, Ncwtv.com. It also reached Yahoo News. The whole point of adding the post from other sources is to spread the word and make more people read it (and when i think my blog audience will like it).  Thanks to Julie – she made sure it is spread to a LARGE crowd. 🙂

Coming to the reason of this post – it is BIG DAY for me. April 30th, 2012 was my LAST DAY at INFOSYS. I resigned Infy for Profoundis and I’m so happy today that I took the best decision of my life. (the decision was not resign Infy, but start with Profoundis). I should thank Anoop Thomas Mathew, Jofin Joseph & Nithin Sam Oommen – my fellows on the same boat. It’s our team that gave us the courage to dive to the amazing world of Entrepreneurship. The days with Profoundis is awesome, truly fantabulous – We are really enjoying the Roller Coaster Ride.

@Startup Village

@Startup Village

I will close Thanking each one of you for providing support in the form of a chat, a like or a comment. Profoundis always found encouragement around us. No words to Thank you!

Yes. CELEBRATING MY ONE YEAR WITH MY STARTUP – PROFOUNDIS… YAAAAAAYYYY!!!

Cheers,

Will someone steal my STARTUP IDEA?

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We hear this question from many people – especially when asked to pitch the idea, be active in a community etc. I don’t think it is bad to ask this. However, it is important to think this through.

1. Just like you, there are many more with Ideas.

If you have any idea now, there is always a chance that the same occurred to someone 5 years ago (may be not 5 year… 😛 .. ). Let’s be frank here, ideas are not rare

2. Execution Matters A LOT

People who come up with an idea and who are crazy enough to bet on it and start executing truly believe in their idea. And believing in it is one of the most important things. Imagine somebody would hear about an idea but just think ‘cool, let’s make some money out of it’ and he would try to copy it. He would miss the essential, his driving force would be moneymaking, not the true believe in the idea, which makes a big difference.

3. A Startup =~ Team

More often than not, the Startup is not about the idea, not about the money – but the team. Trust me, you will change your direction (even before you know it); your ideas will seem foolish. None can steal your Startup team. Right. So don’t worry about your idea too (which you are going to change.. 😛 ..)

4. Traction is the best protection you can get

Don’t try to go behind stupid Intellectual property rights or anything similar to save your ‘precious idea’. If you are so serious about it, hit the market as soon as possible.

 Sideline Note: And yeah, no product is ready until it is shipped.

 5. Idea, Execution, team – but everything boils down to how you SELL

You know how good your idea is, but can you convince someone how good it is, make somebody bet on it. If yes, then you are the leader. No worries go ahead with your idea, execute it and sell it. J

Do tell people about your Startup idea

Actually telling people about your idea is a very important thing to do. Only in this way you’ll be able to start collecting feedback early and shape your idea into a Startup success. It is very crucial validate your idea before you build your product. And feedback is so important, just remember who came up with the hash tags on Twitter: the Twitter users.

India Startup Report

Must read startup Enthusiast in India – A quick 15 minute guide to India’s startup ecosystem.

 

 

What Most Schools Don’t Teach

I dream of a day when the education system changes its direction from theory to hands-on.

This video tells about programming and how it changed the way these people looked at things. It is an interesting one.

Is ‘X’ the right place for your company? I don’t know. A few things to consider:

Ask yourself some questions and by the time you get answers, you might have reached a decision as well. 

  • Where do you want to live? Presumably you are building a company to build yourself a better life, and where you live is a big part of your life. Where iare your family and friends? What are your hobbies? Don’t move if you won’t be happy. Being successful in business and miserable in life is pointless.
  • How long do you want to do this? If you want a long career in startups, you want to be in a hub. If you just want to do this one startup, maybe not.
  • How many employees do you need? If you want to build a 10-person company you can do it anywhere. If you want to hire several thousand people like Facebook or Google did, you’ll need to be in a major startup hub.
  • Where are your partners and potential acquirers? Being close to them is a major advantage.
  • If you are a B2B company, where are your customers? You will want to be close to them, especially the larger ones and ones you want to work with when you are doing customer discovery.
  • Do you need to raise a lot of money? If so you want to be near investors. If you are starting a lifestyle business or a professional services business, being near investors is less important.
  • Is your company unique? If you are starting a “me too” company it is true you’ll have trouble standing out in Silicon Valley, but you’ll have trouble succeeding anywhere anyway.

Anything more you want to add to this? 

Cheers,
Arjun

Presentation at Startup Saturday, Cochin – Oct 13, 2012

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” title=”Presentation at Startup Saturday, Cochin – Oct 13, 2012″>Presentation at Startup Saturday, Cochin – Oct 13, 2012

This is the ppt of my session at Startup Saturday, Cochin – Oct 13, 2012