Education, Motivations, Startups

Why Startups Fail

An entrepreneur recently asked me why startups fail. Startups fail because they run out of money. You’re probably thinking, “Tell me something I don’t already know!” Read on and you’ll see that statement is deceptive in its simplicity

This post is based both on my experience as an investor and as entrepreneur (when I’ve boot-strapped and venture-funded). The following are the key reasons :

  1. They spend too much on sales and marketing before they’re ready.
  2. The market outpaces the startup’s ability to execute.
  3. The market takes too long to develop. 
  4. Risky Business

It’s not just how fast you run the race that matters. It’s how fast the race is run. When it comes to startups, speed wins. But if you’re still early, don’t increase your burn and overspend on sales and marketing before you’re ready. Sometimes you have to slow down to speed up.

Click Here for some great learning experience from David Feinleib

Motivations

What the most successful people do before breakfast

Mornings are a great time for getting things done. You’re less likely to be interrupted than you are later in the day. Your supply of willpower is fresh after a good night’s sleep. That makes it possible to turn personal priorities like exercise or strategic thinking into reality.

But if you’ve got big goals–and a chaotic a.m. schedule–how can you make over your mornings to make these goals happen?

Because I write about time management frequently, I’ve gotten to see hundreds of calendars and schedules over the years. From studying people’s morning habits, I’ve learned that getting the most out of this time is a five-part process. Follow these steps, though, and you’re on your way to building morning habits that stick.

Click Here for the inside secrets

Marketing, Motivations

Crafting an Elevator Pitch

Introducing Your Company Quickly and Compellingly

(Also known as an Elevator Speech or Elevator Statement)


You’ve just bumped into a former client at the airport. After exchanging pleasantries, he asks you what your new company does.

You open your mouth, and then pause. Where on earth do you start? Then, as you try to organize your thoughts, his flight is called, and he’s on his way.

If you’d been better prepared, you’re sure that he’d have stayed long enough to schedule a meeting.

This is one situation where it helps to have an “elevator pitch.” This is a short, pre-prepared speech that explains what your organization does, clearly and succinctly.

In this article, we’ll explore situations where these are useful, and we’ll look at how to craft an effective elevator pitch.

Click Here for the full Article

News

Digital Sharing

kleeto is founded with the vision of simplifying your paper management and ultimately reduce the usage of paper to the bare minimum working towards a greener world.

Consider the number of documents you have in your possession that are, to a large degree irreplaceable: sale deeds, insurance policies, merit certificates, Income Tax documents, degree certificates and medical records among other things; and the kind of risk they are exposed to every day: loss, theft, termites, dust, moisture

Botheration required for replacing even the so-called replaceable documents is worth a lot of your precious time and mindshare.

With kleeto, you can rest assured by giving these documents where they will be stored with the utmost standards of security, indexed for easy access within seconds and delivered to your address on demand.

People / Stories, Social Entrepreneurship, Startups

NoNasties – Organic T-Shirts

We have a problem. A big one. Our farmers are dying. Our land is being poisoned. Our children are being forced into labour.
We need to solve this. ASAP!

Believe it or not, you are a part of the solution. Your choices, your principles, your tastes, your style…all matter. You matter.

And you can make a difference without even going out of your way. Let us show you how.

Click Here for the website and the full story

Motivations

5 Ways to Build Better Relationships

In today’s world, it’s always about “me, me, me.” This is why our relationships with friends, family and romantic partners are weak. You can’t connect with other people if you’re thinking about yourself all the time!

The best way to build better relationships with everyone is through positivity. From listening to other people to letting go of the temptation to judge, the tips in this post are all based on being a good person.

1.    Learn To Listen and Understand

2.   Trust Other People

3.   Be Honest About Your Wants

4.   Be A Giver

5.   Let Go Of The Need To Be Right

Now apply these techniques to your life and build better relationships with everyone.

Click Here for the universal tips

Innovation, Motivations, Networking, News

Creating an Entrepreneurial Ecosystem – The Power of Ideas

India’s largest entrepreneurship development programme is back. Seeking to create a culture of innovation in the country by touching more lives, the programme aims at encouraging individuals with a business idea to come forward and connects them with relevant mentors and investors. This year, equipped with a superior degree of mentoring and a larger corpus of funds, The Economic Times’ Power of Ideas will make an even bigger impact than 2010.

The programme is conducted by The Economic Times in partnership with the Department of Science & Technology (DST), Government of India. DST brings to the programme its immense expertise and relationships in the entrepreneurial space as well as a corpus of Rs. 6.2 crore of guaranteed funds. The funds are open to all deserving ideas with genuine innovation on their mind, regardless of whether they have just an idea or a fully functional start-up.

Highlights of the programme structure:

Phase I: Submission of busi-ness ideas — Last date for submission of Business Summary form is June 25, 2012

Phase II: Mentoring and Elevator Pitches for those entrepreneurs whose ideas make it to the first cut-off list

Phase III : Final cut-off + Intensive Mentoring at IIM-Ahmedabad

Phase IV : Felicitation Ceremony

Connect with The Power of Ideas@

• Website: www.ideas. economictimes.com

• SMS: To get details of the programme in your mailbox, SMS ETPI your name email id to 58888

• Faeebook : http://tinyurl.com/ideaset

• Twitter : http://tinyurl.com/ideastw

Click Here for more details

Franchise

49th National Franchise & Retail Show

FRO 2012 Mumbai – 49th National Franchise & Retail Show

India’s premier and most trusted business & tradeshow is back in Mumbai to provide a platform for highly evolved prospects & qualified investors and entrepreneurs from across India, neighbouring countries and delegations from the other parts of the world to meet face-to –face with some of the most accomplished Business Ideas, attaend unparelled Business Summits & Seminars and learn more about India & fast growing MSME industry in India.

Why is FRO 2012 important?

From Investor’s perspective

  • Learns the tricks of the trade from industry tycoons
  • Gets an opportunity to become entrepreneur
  • Scope to associate with well known brands
  • Liberty to choose the business of his choice
  • Gets within the budget solutions
  • Lands into a safe & secure franchise agreement

From Exhibitor’s perspective

  • Gets prospective franchise partner
  • Get an opportunity to highlight concepts
  • Can market the brands well
  • Increase the sales opportunities
  • Opportunity to expand its base

For more information download the brochure 

Click Here for the website