The entrepreneurial ecosystem in India is changing and for the good. And I’m not referring to the increasing numbers of entrepreneurs from the educated middle classes or to the growing presence of angel funds or even to the opportunities thrown up by a growing economy. Having been part of the Indian entrepreneurial ecosystem for close… read more »
In the recent Union 2012 budget, the government (GOI) announced that an investment by an individual into an Indian company would be treated as income from other sources, taxed at the rate of 30% on the difference between fair market value and the premium being paid, with the assessing tax officer being the arbiter! This… read more »
At the beginning of the last decade of the last century when the internet started permeating the consciousness of the educated middle class Indian, launching ventures by copying successful American business models seemed de rigueur. I remember seeing a hoarding in Bangalore, from that time, put up by the Indian version of eBay. The hoarding… read more »
About a week ago on a Saturday, while heading for a breakfast meeting, I was involved in a 4 car accident. The taxi in front of me braked very suddenly when a couple of blind people attempted to cross the road resulting in 3 other vehicles braking and very unfortunately damaging each other. Fortunately, there… read more »
In today’s world of instant gratification, where instant karma is sought, where words like “pivot” and “lean startup” have found their way into startup and entrepreneurial lexicons, compatible with the quaint approach of the dogged persistent entrepreneur, is access to money and technology leading to the danger of creating instant entrepreneurs but without the staying… read more »
“I just told my partner that I’d decided to quit. He laughed it off, saying I needed a break. I repeated what I’d said. This time, he saw the look on my face and half-laughed, half-asked if I was serious. He appeared shocked and surprised and said there was no way I could leave. He… read more »
“Who is your customer? Can you create a profile of your ideal customer? How do you find them or do they find you? Which set of customers are your most profitable? With which customers do you think a long term relationship can be established? How many of your customers do you meet regularly? How do… read more »
The young engineer looked up at the sign which said AB Engineering Works. His letter of appointment, he remembered, said AB Engineering and he had just been directed by various people starting from the railway station, responding to his English and non-existent Hindi, to this location. This was his first trip to Agra, indeed his… read more »
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