Tips for aspiring entrepreneurs

Thursday, June 30, 2011 Posted by Siva 0 comments
Excerpt from DARE magazine 2011 / June edition.
  • Start small and think big.
  • It is never too late or too early
  • It is never a group mission among friends or partners.
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Business story telling - 7 sins

Monday, June 27, 2011 Posted by Siva 0 comments
Got a chance to go through this wonderfully written article on Business story telling - 7 deadly sins

Here's what I understood from it
  • Give proper context before getting into the story
  • Illustrate the story than just articulating it
  • Avoid Jargon
  • Connect the protagonist of the story with real-life characters
  • Story should be authentic
     


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4 necessary leadership characters

Thursday, June 23, 2011 Posted by Siva 0 comments
Four necessary leadership characteristics - character, commitment, competence and courage.
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Organizational anti-pattern

Posted by Siva 0 comments
  •     Analysis paralysis: Devoting disproportionate effort to the analysis phase of a project
  •     Cash cow: A profitable legacy product that often leads to complacency about new products
  •     Design by committee: The result of having many contributors to a design, but no unifying vision
  •     Escalation of commitment: Failing to revoke a decision when it proves wrong
  •     Management by perkele: Authoritarian style of management with no tolerance of dissent
  •     Matrix Management: Unfocused organizational structure that results in divided loyalties and lack of direction
  •     Moral hazard: Insulating a decision-maker from the consequences of his or her decision
  •     Mushroom management: Keeping employees uninformed and misinformed (kept in the dark and fed manure), let to stew, and finally canned.
  •     Stovepipe or Silos: A structure that supports mostly up-down flow of data but inhibits cross organizational communication
  •     Vendor lock-in: Making a system excessively dependent on an externally supplied component
Ref: Wiki
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Few pointers on 'change'

Wednesday, June 22, 2011 Posted by Siva 0 comments
  • As adage goes - "Change alone is constant"
  • Condition the people involved in change to accept the above fact
  • Do change only if it is needed
  • Educate people to accept change as an opportunity to revitalize themselves
  • Educate them how they will be after change, show them the long term benefits
  • Reward them for successful change
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Entrepreneurship ecosystem

Tuesday, June 21, 2011 Posted by Siva 0 comments
Taken from DARE magazine May 2011 release.

  • Join mailing groups such as Headstart, Barcamp, Open cofee club
  • Follow blogs like pluggd.in, vc circle, tech crunch, etc
  • Join associations like TIE, CIT

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Building a personal brand

Posted by Siva 0 comments
  •     Question yourself: what are you really good at
  •     Find your passion: start doing what you really really are passionate about
  •     Find your niche: realize your niche, your domain
  •     Add value: start working for not earning money, but to really add value in the early stages of your career
  •     CREATE A STRONG NETWORK: NETWORK: NETWORK: NETWORK: there is nothing more powerful than a strong and relevant network. A powerful network takes you places
  •     Credibility is CREDIBILITY nothing else. Period: work while creating a strong credibility from the very beginning
Excerpt from an article from Delhi TIE group.
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