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Re: Entrepreneurship anybody? -
14-08-2007, 12:43 AM
Quote:
Originally Posted by a$$-wise
Hey x cool ryan,
I am coming to Pune this weekend?
whats up with you? we can meet if you wish...
Opinions: let it be personal or may be between you & me...
here's the link: http://www.pagalguy.com/forum/chit-c...rs-corner.html (Webmasters' corner)
Lets hope that some people of similar interest bump up on the above mention thread... anybody ready for working with Next google :huh: something like this should be your ad line ... 
hope that helps....
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ofcourse ... we can meet ... I am looking forward to meet ya ... pass me your contact no
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Re: Entrepreneurship anybody? -
14-08-2007, 06:18 PM
Apologies for the wrong information about TiE :huh:
Just confirmed that TiE world event is on Sept 6-7 on Taj Lands End Mumbai.
& the one which is postponed is TiE workshop now on October 5-6 at Khandala. ICICI training house...
Two are different events
For correct info : check this out. The Indus Entrepreneurs - Talent - Ideas - Enterprise
- No. of persons watching you is directly proportional to the stupidity of your action.
© a$$-wise
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Amazing article from ET -
24-08-2007, 11:54 PM
Amazing article from ET 24/08/07 pg -13
Getting The Timing Right
We are a team of two looking to enter the KPO business. I am a medical doctor with a postgraduate degree in hospital administration, with seven years work experience in healthcare management. Currently, I am working as a healthcare analyst. My partner is a software engineer with three years experience in developing various business applications. Both of us come from a middle income background. With my expertise in the healthcare space and my partner’s in the IT space, together we are looking to start a healthcare KPO in either Bangalore or Gurgaon. Since both of us are sole breadwinners in our families, we would like to have your guidance about how to move out of our current jobs slowly and go about our venture? Is it advisable to work part-time? Also, we are also worried about the capital investment needed for this space, since we both earn a salaried income, how do we go about convincing investors to invest in a completely new company?
YOUR intention of starting a KPO business is noble and I would encourage you and your partner to actualise your thinking. I would, however, suggest you take a relook at the order and the timing of what you want to do and when. Any business revolves around fulfilling customer needs and, to state the obvious, the objective is to generate sufficient revenues to cover costs and be profitable. Whether it is a KPO or any other business the principle remains the same. Everything in the business needs to be architected to meet the needs of the customer. The competencies and capabilities of the management are necessary but not sufficient conditions.
The customer needs (and thus the product proposition) are typically complex and need more than just the capabilities of the entrepreneur or the management. What you need to answer is, what is the product proposition that you have for your customers and what do you need (in addition to you and your friend) to be able to deliver it? How is this product proposition that you are (or will) construct compare with what is already available in the market to the customer and how is your proposition different or superior? In cases where the product proposition is not different or superior, how do you intend to compete with the competition and is the market large to have your offerings in addition to what is available today? Are your price points acceptable to the customer and sufficient to allow you to make a profit to meet your personal objectives?
As you prepare a plan to answer these questions the answers to what all has to be done and when it has to be done typically starts to emerge? Let me explain. Look at creating a business like cooking an exotic dish. You first need to have some idea of the end result of what the exotic dish is going to be. Then you need the various ingredients for the dish like meats and vegetables of various types, spices and condiments of various types, other garnishing and sauces etc. An expert chef will add different quantities of the ingredients at different times depending on need and what end result is needed. The chef may decide to make a particular dish as he/she has some ingredients available... but he/she still needs to get the balance items based on the needs of the dish. In the same way, for a business you need a combination of skill sets, capabilities and competencies packaged together as a product proposition for the customer who will pay a price for the ‘product’ or ‘service’.
From what you state, between you and your partner you have the domain knowledge and capabilities in the healthcare and IT arena. You need to ask what else is needed to create a value proposition for your target customers. Obviously, you and your partner will use your competencies and your knowledge of your areas of expertise and your understanding of the needs of the customer to create this ‘proposition’. You then need to validate the proposition and answer some basic questions. Based on the answers you will modify or fine tune the product proposition. Once you have a somewhat realistic product proposition you will ‘flesh’ it out or ‘explode’ the proposition to determine what all is required in addition to the skills you and your partner bring as also the timing of the needs of all the inputs needed. This will form the first business plan for your offerings. The essential content of this plan will be the timing that you and your partner need to follow to join the new venture, the funding needs and the timing of the funding. Some realities: Competency in a particular domain (healthcare and IT in your case) alone do not guarantee a product proposition that will be attractive to the customers and be profitable.
A good product proposition alone does not mean it is a business plan. A business plan does not guarantee funding. Funding does not guarantee success. All these are necessary steps... some of these steps are sequential and some can be done in parallel. Your questions of whether to work part-time or full-time and how to tie up the funding comes as an out come of this planning process. The product proposition and the business plan can be conceptualised part time or full time. If the planning process is robust then the answer will leap out at you from the business plan itself. The business plan discussed with potential investors will also tie up funding and once the funding is tied up you and your partner will be able to determine if it is worth taking the risk of leaving the jobs and tying up the other ingredients of the product proposition.
There are three constituents to a business: customer, employee, and investor. The business plan has to address all three. If you can cater to all these three constituents then you have a good business. I have seen meticulous and detailed plans that lay out week by week what will happen and I have seen “cowboy” shoot from the hip attitude that says ‘we will figure it out’. Both can succeed... The only common element that I have seen is that all successful business have customers that are willing to pay for the services/products. In the end that is all that matters.
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Re: Entrepreneurship anybody? -
04-09-2007, 03:54 PM
Anyone decent at RoR here? Need help with a web-based consumer play that I'm planning to launch within a month. I have done a bit of the basic coding, however the finishing touches remain.
No business model, no funding requirement :-) This is something that I'm doing to solve a personal itch as well as figuring out how to launch/market a product and build user community around it.
cheers
nilesh
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iSport.in goes Online -
04-09-2007, 05:55 PM
After weeks of unimaginable fun, unfathomable problems, undeterred determination of a lot of people and with a lot of luck the exciting project - www.iSport.in - a sports portal - has been successfully launched.
More then a project it was a venture or rather a foray into creating a niche online market for sports lovers in India.
After surveying the websphere we were convinced that sport buffs in India lacked a platform of expression. An outlet which could satiate the hunger of a sport aficionado. iSport.in was born out of exactly this need, where we could provide the Indian sports fan access to insightful thoughts, discerning opinions and the power of community-driven debate. . We intend to be the one-stop-shop for all sport-related discussion in India.
iSport.in caters to all your tastes!
For a dash of insight, read the columns.
For a slice of a good debate, visit Jabberoni.
For creating your own dish, contribute.
You can also read about the team behind this venture, here.
Would love to get an opinion of some of the budding entrepreneurs here on what they think about it. It can only help us improve.
Last edited by the_phenomenon; 04-09-2007 at 05:57 PM.
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Re: Entrepreneurship anybody? -
04-09-2007, 06:53 PM
No offense to anybody here, but do you really think that, since the bubble is already so inflated, websites can become great companies in today's date?
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Re: iSport.in goes Online -
04-09-2007, 07:29 PM
Quote:
Originally Posted by the_phenomenon
After weeks of unimaginable fun, unfathomable problems, undeterred determination of a lot of people and with a lot of luck the exciting project - www.iSport.in - a sports portal - has been successfully launched.
More then a project it was a venture or rather a foray into creating a niche online market for sports lovers in India.
After surveying the websphere we were convinced that sport buffs in India lacked a platform of expression. An outlet which could satiate the hunger of a sport aficionado. iSport.in was born out of exactly this need, where we could provide the Indian sports fan access to insightful thoughts, discerning opinions and the power of community-driven debate. . We intend to be the one-stop-shop for all sport-related discussion in India.
iSport.in caters to all your tastes!
For a dash of insight, read the columns.
For a slice of a good debate, visit Jabberoni.
For creating your own dish, contribute.
You can also read about the team behind this venture, here.
Would love to get an opinion of some of the budding entrepreneurs here on what they think about it. It can only help us improve.
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Nice ....it has turned out well...I have been following it for some time as I know couple of your team members 
May try writing myself for this some time
Pain is nothing. Pain is in the mind. If you can walk, you can run.
The road of excess leads to the palace of wisdom.
Forza Inter
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Re: iSport.in goes Online -
04-09-2007, 08:13 PM
Quote:
Originally Posted by rockball
Nice ....it has turned out well...I have been following it for some time as I know couple of your team members 
May try writing myself for this some time 
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Thankyou rockball.
And ya we are always looking for good writers.
Quote:
Originally Posted by paraschopra
No offense to anybody here, but do you really think that, since the bubble is already so inflated, websites can become great companies in today's date?
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Paras, what is important is that you don't try and take a piece of the pie but bake the pie itself. By that what I mean is that in this Long tail of web2.0 you can create you own niche by targeting non-existent markets and segments.
For example if you decide start a job portal, you are getting into an area where the chances of you getting a significant share of the market is less. But if you differentiate and probably start a job portal for people looking for internships, summer jobs, part-time jobs and fresher jobs you are baking new pie.
As for whether a website can go on to become great companies, well it depends on the business/revenue model that you have and the market segment that you exist.
For example If you are looking at earning money through online advertising only - which according to me is not a sustainable business model - you are in trouble. The revenue model that CRM Software On Demand | Customer Relationship Management (CRM) - salesforce.com, linkedin.com, et al have, has tremendous growth potential.
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Re: Entrepreneurship anybody? -
06-09-2007, 03:49 PM
Quote:
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Paras, what is important is that you don't try and take a piece of the pie but bake the pie itself.............. ...................The revenue model that CRM Software On Demand | Customer Relationship Management (CRM) - salesforce.com, linkedin.com, et al have, has tremendous growth potential.
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nice point .... but i think what paras is saying that ... there's saturation even in niche field ..... c da thing is in internet venture .... entry barrier are very low ..... i mean any1 who knows some bit abt net & who has a little extra can start a venture a site ... ( site such as orkut, naukri etc can be started as low as 5-6k) so turning these sites into big companies become difficult ventures backed by VCs have money to burn on advertising and thus these site can easily ramp up there user base compared to some1 who start on his own money & there's also a me - too concept among all sites ... all these sites are backed by same technology n offer almost same features
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Re: Entrepreneurship anybody? -
06-09-2007, 03:52 PM
Quote:
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Anyone decent at RoR here? Need help with a web-based consumer play that I'm planning to launch within a month. I have done a bit of the basic coding, however the finishing touches remain. No business model, no funding requirement This is something that I'm doing to solve a personal itch as well as figuring out how to launch/market a product and build user community around it. cheers nilesh
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can you be more specific here ...... What exactly you mean by RoR? I have already sent you one PM regarding web master thing
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