Sunday, November 17

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There is Something Extraordinary Happening in The World
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There is Something Extraordinary Happening in The World

Most of us haven’t quite realized there is something extraordinary happening. A few months ago I freed myself from standard-procedure society, I broke the chains of fear that kept me locked up into the system. Since then, I see the world from a different perspective: the one that everything is going through change and that most of us are unware of that. Why is the world changing? In this post I’ll point out the 8 reasons that lead me to believe it. 1- No one can stand the employment model any longer We are reaching our limits. People working with big corporations can’t stand their jobs. The lack of purpose knocks on your door as if it came from inside you like a yell of despair. People want out. They want to drop everything. Take a look on how many people are willing to risk entre...
Why Employees are More Important Than Founders in a Startup?
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Why Employees are More Important Than Founders in a Startup?

Hiring for startups can be very different from that of large companies. Huge multi-national companies are process driven and need employees who can follow instructions and processes diligently while everyday could be a fire fighting day for a startup. Many startups make the mistake of hiring employees who are merely looking for a job rather than someone who is looking for a life experience. A lot of entrepreneurial people have been turned down from jobs at startups because they challenge the status quo, and the founders fear that they might be training someone who might one day become their competitor. In an era where product cycles are shortening, and some of the largest companies today were startups merely 10 years ago, this fear is hardly palpable. Pavan Soni, a research fellow at...
“Facebook is misleading Indians”
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“Facebook is misleading Indians”

Today it has ads around India saying "What net neutrality activists won't tell you". I'm a net neutrality activist and I'm happy to tell you anything you'd like to know. In fact, we're a small group, working unpaid, taking breaks from our regular jobs, and we've always been happy to tell you anything at all you wanted to know. We don't have a business axe to grind, we're not working for Facebook's rivals, and if anything, we've been part of Digital India far, far longer than Facebook has existed. We're open to questioning. Unlike Facebook, who tried to silently slime this thing through last year when it was called Internet.org, and then are spending about Rs. 100 crores on ads - a third of its India revenue? - to try and con us Indians this year again. This is  after we'd worked h...
Why the Most Successful People Have the Most Haters- John Brubaker
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Why the Most Successful People Have the Most Haters- John Brubaker

Picture yourself standing in the middle of a crowded stadium. You’re in the heat of competition in front of 100,000 screaming fans, and at least half of them aren’t cheering for you. Some of that 50 percent even hate you. They don’t just hate you, they are letting you know why and precisely how much they despise you. Maybe even with disgusting comments about your family. You actually enter into your own personal version of that stadium every day in the sport of business. They’re called haters, and you probably don’t have enough of them. That’s right, you read that correctly. I am suggesting you need more haters. Why? Because there's a direct correlation between the amount of success you enjoy and the number of haters you have. Many experts will tell you that if you want to achieve greatn...
10 Mindsets of a True Winner
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10 Mindsets of a True Winner

While mentoring a very sharp young entrepreneur the other day, it occurred to me that most founders and small business owners are in business without any real idea of what it takes to be a winner. That’s why they follow the Richard Bransons and Mark Cubans of the world -- so they can understand how a successful person thinks. Unfortunately, thinking is just the beginning. Becoming successful over the long haul is just as much about listening to your gut than your ability to reason. It’s more about building relationships than understanding yourself. It’s more about experience and execution than ideas. And it’s more about doing than dreaming. All that begins with a mindset that defines how you behave. A mindset that leads to action is the mindset of a winner. This is the mindset of a w...
Audio: Are Startups Really Job Engines?
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Audio: Are Startups Really Job Engines?

Everybody wants to be an entrepreneur. The myth of footloose 25-year-olds changing the world while incidentally becoming deliriously rich has intoxicated a generation. And governments are eagerly handing out tax breaks to help them get started. After all, those new companies are engines of economic growth and job creation, right? Startup Audio Listen to This Story Well, maybe, says Stanford Graduate School of Business professor George Foster. He suggests that policymakers and would-be tycoons alike could do with a sobering belt of reality. In a new multi-country study, he finds that most startups never take off — and among those that do, setbacks destroy a sizable share of the employment and revenue gains in the sector. “Most of the stories you hear about startups h...
Don’t Copy. Be Different. And Your Marketing Will Win.
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Don’t Copy. Be Different. And Your Marketing Will Win.

Gary Vaynerchuk nailed it when he said, “Marketers ruin everything.” Because it’s true. The moment they see people flocking to a new website, posting to the latest social platform or watching the hottest new TV show, they swarm in and fill it with ads for their stuff. To them, eyeballs equals dollar signs. And that is how it works. Until everyone starts doing it. Then, it’s an uphill battle to capture and keep your audience’s attention. In light of this, what’s the savvy business owner supposed to do? Well, rather than scraping the bottom of the marketing barrel, you can use a different strategy altogether. You can zig while everyone else zags. And when you do this, you end up light years ahead your competition. Today, I want show you three easy way to zig with your marketing and ...
A Fall In Tech Valuations, U.S. and Chinese unicorns running in different directions
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A Fall In Tech Valuations, U.S. and Chinese unicorns running in different directions

A fall in tech valuations may send U.S. and Chinese unicorns running in different directions. Several private Silicon Valley firms worth $1 billion or more have taken valuation hits once they are in the public eye. The same may be happening to one-horned beasts in the People’s Republic, only in private. Take Jack Dorsey’s U.S. online payments outfit, Square. The shares popped enthusiastically on the company’s stock market debut in November, but its market capitalization remains about a third below the $6 billion price tag implied by an earlier private funding round. Some unicorns that have yet to go public are already feeling the chill. Fidelity Investments, a prominent investor in late-stage private financings, recently marked down its holding in Snapchat by 25 percent from a headline ...
The 4 Questions You Need to Ask When Starting a Business
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The 4 Questions You Need to Ask When Starting a Business

So you decided you want to be an entrepreneur. There are high failure rates, the nonstop work, and if you’re one of the lucky few whose business takes off, you get to shoulder the responsibility of other people’s livelihood depending on you. Of course, there is the flexibility to work when you choose, the perk of being your own boss, and the rewarding feeling of building something meaningful. You’ve weighed the pros and the cons and are convinced that being an entrepreneur is the way to go. But now you’re probably wondering, what type of business do I start? Here are the four questions I would suggest you consider before deciding what type of business you want to start:   1. Why are you deciding to start the business? This is the most important question to answer before you...
Are You ‘Intelligent’ Enough to Be an Entrepreneur?
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Are You ‘Intelligent’ Enough to Be an Entrepreneur?

Many people feel that they just aren’t smart enough to be an entrepreneur, yet there seems to be no convincing evidence that a high IQ is a prerequisite for this lifestyle. We all know of successful businesses started by first-time entrepreneurs who dropped out of school, and according to many sources, “street smarts” (experience) tends to trump “book smarts” (intelligence) every time. Another perspective is that there are in fact multiple types of intelligence, and we all have strengths and weaknesses along all of these scales. It does appear that most successful entrepreneurs are those with the broadest range of interests, skills and experiences (street smarts), while a maximum depth in any given discipline is not so important. Here are basic definitions for the eight most commonly...
Idea vs the leader: Who is the winner?
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Idea vs the leader: Who is the winner?

The Success of a startup depends on a brilliant idea as well as an inspiring leader. In fact, most of the times, it leans towards the leader because the ‘idea’ of the startup is taken for granted. For an angel investor or a venture capitalist, ‘idea’ or the business viability is a necessary condition to allocate even their time to listen but the ‘leader’ and team the leader builds or intends to build turn out to be sufficient conditions to invest. Building a team and sustaining it is essential to demonstrate one’s leadership and is desired the most in the context of a startup. How the Apple visionary Steve Jobs lured John Sculley in 1983 to leave Pepsi and join Apple to change the world and how N. R. Narayana Murthy of Infosys kept faith in the company and did not accept to sell Infosys...
Don’t Forget Your Failures
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Don’t Forget Your Failures

There is a lot of emphasis on succeeding. And whether we buy the hype or not, we all want to succeed, especially if you consider success as "it works out the way I want it to." You know it feels good in the gut and in the heart because it worked out. So failing by that definition is that it didn’t work out the way you wanted it to. And [failing] is what we don’t usually get a lot of preparation for. She's right. But there's this, too: Failure is far from the only thing that entrepreneurs and business leaders don't get a lot of preparation for. When you're running a venture at breakneck speed, it's hard to pause even for a few hours or a few days, let alone reflect on what's happened in the recent past—for good or ill. And while most of us know that looking blindly toward the future with...