In Startup50 2016: Through a series of thought-provoking ‘how-to and how-not tos’, Ashok Soota, the Chairman of Happiest Minds Technologies, explains how startups can arrive at best strategies to succeed in different stages of their journey such as early stage, scaling up, pivoting, tackling competition and minimising risk Madhumita Prabhakar With the launch of Ashok Soota’s […]
In Startup50 2016: Badri Pillapakkam, the Director of Investments at Omidyar Network India, insists on building for the middle 60 per cent of the Indian population, which demands needs, not wants, and is utilitarian, not hedonistic Madhumita Prabhakar Some time ago, when the global impact investing firm, Omidyar Network, touched US $ 1billion in investments across […]
Once you’ve built a wonderful business and created a market for your product, you can choose one of the two paths; sell your business, or build a sustainable business. If you choose the latter, you must take care of your customer, create a good team, have a scale up plan, and respect capital.
Faasos was actually founded in 2003 and operated as a small business for a while. In 2011-2012, the company went through an organizational transition and faasos conceptualized the job title of entrepreneur-in-residence or eir, and it became a key element of its comeback strategy. At startup50, raghav joshi, one of its eirs, explains to us the role of an entrepreneur-in-residence
Someone asked a coffee entrepreneur, a billionaire, in new york; what’s your story? And he said, somebody loaned me 50 cents, i bought a cup of coffee from a nearby stall, sold it to a customer for one dollar, invested that dollar, sold one more coffee and made two dollars. I followed the same pattern week after week. At the end of one month, i met a billionaire’s daughter and married her