The intense and exciting life of a startup with all its ups and downs,
what a ride! This report cannot capture what it really feels like to
be inside any of your startups, inside Startup Genome or my VR
startup. What it can do is inform your decisions and priorities using
the power of the only deep and global dataset built from the voice
of thousands of founders with the support of more than 300 organizations
supporting startups in almost 30 countries—thank you!
This year, we focus on a development in the Tech sector that is
happening at an unprecedented pace and has deep implications
for founders and our economies at large: convergence. It is the
Third Wave. We are now producing true industry players, breaking
away from the “Tech” label. Many of our companies would now
be more accurately called by their industry focus, for instance as
transportation (Uber) and hospitality (Airbnb) companies.
This report dives into leading startup ecosystem sub-sectors (or
verticals) answering strategic questions for our global community
of founders, talent, investors and supporters: which sub-sectors
are growing the fastest, attracting investor attention, and creating
bigger successes? Where should I be present to benefit from a
thriving cluster of startups, and from institutions and corporations
that can provide IP, talent, customers, and channels?
We tackle the rise of Deep Tech, and along with it, of China. We
are not only creating disruptive business models with software, we
are increasingly creating tangible IP in AI, blockchain, robotics, and
accelerating the creation of IP in other sectors, such as life sciences
and even automotives.
We pursue our world-leading research as to the genome of startup
and ecosystem performance by quantifying on a global basis how
important are Founder Mindset and Local Connectedness—for
founders to develop quality relationships with each other, investors
and experts. Startup founders who are personally more connected
see their startups grow faster. Free-riding inside a connected
community doesn’t work. Not only that, we can now quantify an
ecosystem’s Local Connectedness and demonstrate that the ones
that build a deep sense of community—for instance where founders
help each other—perform better at producing scaleups.
Along with Global Connectedness and Global Market Reach, these
constitute the new genome of scaleups and high-performance
ecosystems. Funding and Talent are very important, but they are
Finally, we are helping startups by advising governments and other
local leaders, focusing their policy and program action plans for
greater impact, and providing a broad set of validated metrics to
monitor progress. Along with Global Entrepreneurship Network
and Tech Nation (formerly Tech City UK), we have started delivering
national innovation policy strategies and program action plans.
And with the support of the Kauffman Foundation, we are clarifying
how to take action at the earliest stages of an ecosystem. A laundry
list or “just copy the old success story of [insert favorite example]”
doesn’t work. National context and lifecycle phase matters, and
we are going further.
This is your report, the report of the global startup revolution.
Let’s raise our voices together and change the world. Let’s build a
shared engine of economic growth and job creation in every city
in the world. And let’s share the wealth we are creating—at an
unprecedented rate—with our brothers and sisters and the next
generation. This is important.
Founder and CEO of Startup Genome
Click Here for the full report
This is an excellent 12-day residency program in India to learn about the economic opportunities in India through practical hands-on training, networking, lectures from world class faculty, year-long support, etc. It is a collaborative effort of Government of India, OIFC and the Indian School of Business.
‘India Fellows Program’ for Young Indian Diaspora Entrepreneurs from OIFC, a joint venture of CII & Government of India
The Overseas Indian Facilitation Centre (OIFC) http://www.oifc.in/ is a joint venture between the Ministry of External Affairs (MEA), Government of India and the Confederation of Indian Industry (CII), for enhancing economic & knowledge engagement of Overseas Indians with India.
OIFC has introduced the India Fellows Program (IFP) – a collaborative effort of the Government of India through OIFC and the Indian School of Business (ISB) Centre for Executive Education. The program’s objective is to showcase the economic opportunities in India and provide connects with India based entrepreneurs for young Overseas Indian entrepreneurs & professionals to interact with and explore potential opportunities.
The IFP is designed to offer an insider’s view to the dynamic markets of India, it’s business environment, it’s socio-cultural norms, and emerging opportunities for you to explore India as a viable business opportunity.
The highlights of the programme are:
- India Residency: 12-day India Residency, comprising of ten days of intensive experiential classroom sessions at the ISB campuses in Hyderabad & Mohali, and two days in Delhi
- Experiential Approach: An immersive, practical and hands-on learning approach that includes cases and simulations, visit to markets and different consumer segments, group activities and field visits
- Networking: Opportunity to network with Indian entrepreneurs and senior government officials
- Faculty: World-class faculty and senior industry, government and sector experts as guest speakers
- Year-long Engagement through monthly webinars and Google Hangouts
We are writing to request you to:
- Disseminate the details of this programme and the flyer to members of your association and also refer people who may be interested in the programme.
- Please post the information about both India Corporate Internship and the India Fellows Programme on your website, social media platforms and in newsletters for the Indian community.
- OIFC will be sharing regular updates about its initiatives & programmes through its social media platforms. Request you to follow such updates and share these with your members
- Twitter: @OIFCIndia and CEO_OIFC
- Facebook: www.facebook.com/OIFC.IN
Friends and colleagues:
I’m pleased to tell you about the imminent launch of my new seven-week Massively Open Online Course, How to Finance and Grow Your Startup – Without VC. It does what it says in the title and can be found on Coursera, the world’s largest platform for MOOCs. Enrolment is free of charge.
I’d be incredibly grateful if you’d forward this news to your entrepreneurially-inclined friends and networks. My goal is for 100,000 people around the world to sign up, so your assistance will be instrumental in helping me get there! The course is now open for info and enrolment at www.coursera.org/learn/startupfinancewithoutvc. The learning starts on April 22nd!
Many thanks in advance.
John W. Mullins, PhD
Associate Professor of Management Practice
Marketing and Entrepreneurship
London Business School
Sussex Place, Regent’s Park
London NW1 4SA
Phone: + 44 (0) 207 000 8161
Put a positive spin on sales by creating a professional image.
There’s so much talk about “image” nowadays. In addition to marketers and managers, there are now spin doctors, who polish their clients’ images by putting the best spin on what the public hears and sees. As a new business owner, it’s important to be your own spin doctor, molding and honing your business image to successfully appeal to your prospects and customers.
I got an e-mail the other day from an entrepreneur who worries that potential customers see his new business as merely a hobby and wants to know how he can get them to take him seriously. Thousands of entrepreneurs nationwide are faced with the same dilemma. The key is to create an image that communicates professionalism right from the start . . . beginning when customers call your company for the first time.
Every time your phone rings, what your prospects hear makes a big difference in the way they perceive your business. Here are four steps you can take to make your business sound professional:
- Choose a great company name. Your company needs a name that’s descriptive and easily recognizable, such as “Jones Public Relations.” If the name you’ve started out with isn’t working, change it.
- Answer professionally. Answer the phone clearly and distinctly with the company name, followed by your own name, to help the caller remember it, such as “Jones Public Relations. This is Sally Jones.”
- Record a professional-sounding message. The way your phone is answered when you’re unavailable says a lot about your concern for customer satisfaction. One simple solution is using voice mail from your local phone company. For less than $10 per month, voice mail allows your callers to leave you a message even when you’re on the line. Whether you use voice mail or an answering machine, make sure your outgoing message is upbeat, short, crisp and professional.
- Become an expert at describing what you do. Write down a single, clear sentence that describes what your company does. Then memorize it and repeat it in every contact with prospects, from networking to cold calls. Being able to describe your business in a consistent, memorable fashion is a great way to position your company in your prospects’ minds.
When it comes to creating an image for your business, what your prospects see is as important as what they hear. To convey an image of professionalism and stability, you’ll need a family of top-quality tools that work together.
- Start with a stationery package. To stand out, coordinate two-color business cards (black ink plus a second color) with letterhead and matching envelopes. Add a distinctive logo with help from your printer or a graphic designer. Then use your logo on all your printed materials to maintain a consistent visual image.
- Create a company brochure. This single tool must convey that your company is solid and stable, communicate the benefits of selecting your company and create a distinct visual image. Examine your principal competitors’ brochures to assess the formats they use and their key selling points. When developing your own brochure, production quality is critical to the success of the piece–and to your professional image. So be certain your company brochure can stand up to those of your largest competitors in terms of design, readability and paper quality.
- Polish your forms. Print invoices, contracts and estimates on letterhead or pre-printed forms, so every communication your prospects and customers receive from your business conveys a consistent, professional image.
- Tie in presentation tools. If you need presentation folders or proposal covers, have them printed at the same time you print your brochure. A large portion of printers’ charges are for “inking” the press. If your materials use the same kind of paper and ink colors, printing them together will save money.
This article originally appeared in the March 1998 issue of Business Start-Ups magazine.
Kim T. Gordon
Click Here for the original source
Jameel Poverty Action Lab at MIT and Edx have announced the launch of a free online course with certification from MIT on how to evaluate social programs for NGO’s, development practitioners, international development organizations, economists, academics, social workers, impact investors and students. The course begins on the the 1st Oct 2014 and will last for 5 weeks.
Course Introduction Video :
Register for this course at
About this Course
This four and a half-week course on evaluating social programs will provide a thorough understanding of randomized evaluations and pragmatic step-by-step training for conducting one’s own evaluation. Through a combination of lectures and case studies from real randomized evaluations, the course will focus on the benefits and methods of randomization, choosing an appropriate sample size, and common threats and pitfalls to the validity of the experiment.
While the course is centered around the why, how and when of Randomized Evaluations, it will also impart insights on the importance of a needs assessment, measuring outcomes effectively, quality control, and monitoring methods that are useful for all kinds of evaluations.
This course is designed for people from a variety of backgrounds: managers and researchers from international development organizations, foundations, governments and non-governmental organizations from around the world, as well as trained economists looking to retool.