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Showing posts with the label Entrepreneurship

Founders' must Let Go !

Founders must Let Go! Many founders are so attached with their company that they are unable to scale of grow their company fast enough to realize value and take it to greater levels.  The challenge for the Founders is to grow the company quickly and then bring in professional management and list the company so that the risks are distributed among shareholders plus the company can raise more capital and the founders can de-risk their investment in their company.  But most times company founders treat their company as the extension of their personality and like a protective parent do not let go and allow it to grow and mature. There are so enamored by their success that they suffer from myopia. Over the last 20 years I have seen companies similar in aggression and business grow, but I have found companies where founders were willing to take it to a wider investor base and also bring on board more passionate professionals succeed where as companies where the owners have h...

Indian SAAS solutions can recreate the Indian IT Story ! BUT.

This week has been busy as I had to review a number of cloud based solutions SAAS and cloud hosted for a contest among Indian Software companies. Some of the solutions were outstanding in compliance, workflow,agriculture,  abstract word search engines, patient management, rewritten ERP solutions, content management, specific business vertical solutions   optimization solutions all were world class solutions and can be used anywhere in the world. It is a wide open marketplace, can Indian Companies tap the opportunity ? Photo Credit : Amitav Thamba  BUT here is what these companies need to do to compete in the world market place 1. Declare the name of cloud vendor they are using, it is difficult to ascertain whether they are in the cloud or a traditional hosting environment. 2. Provide a free trial of your solution, with ability to regularize it after the trial period. Most companies wanted a big form to be filled before the trial, you have...

Entrepreneurship and Cloud Computing

Every entrepreneur is always short on money and loaded with ideas and innovation and the ability to take risks. Irrespective of the nature of Business technology has become essential  to reach out to a flatter world and also ensure efficiency. The Cloud is the ideal platform not only for entrepreneurs in technology but also in any business whether is advisory, trading, retailing, health care, niche services, tourism, teaching the list is endless. The Cloud provides a method of pay as you use, or in other world replaces capital costs with operating costs, this eliminating  the uncertainty on technology investments. The cloud provides most times a free computing platform for services like email, blog, customer relationship management, project management, sales management, enterprise resource management, accounting and other business solutions needed by an entrepreneurial business venture. Thus any entrepreneur can start the business with the world's best t...