Saturday, April 20

BLOGS

The beginning of the end of food delivery start-ups in India – Aditya Somani (Vice President at Premji Invest)
BLOGS

The beginning of the end of food delivery start-ups in India – Aditya Somani (Vice President at Premji Invest)

There has been a huge boom in the number of delivery only restaurant model start-ups in the last 6 -12 months. Just to be sure, we know the definition being referred to – a food delivery company is the one who takes the customer order on its system and transfers it to a food production unit/ restaurant, followed by a delivery boy picking up the order from the restaurant and delivering it to the customer who made the order. Food delivery start-ups do not/ cannot do food quality control while their core proposition remains convenience for customers. Unfortunately, the core value proposition for the customer is slightly different - the taste and quality of food, something they can’t influence. The basic issue like most of the other situations is – Can they generate more revenue per ord...
How I owned Google.com for a minute- Sanmay Ved
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How I owned Google.com for a minute- Sanmay Ved

A strange thing happened at 1:20 AM Eastern Time on Tuesday, September 29. I was learning more about the Google Domains interface, and typed google.com and clicked search domains. To my surprise, Google.com was showing as available! I clicked the add to cart icon beside the domain (which should not appear if the domain is not available for sale). The domain actually got added to my cart as seen by the green checkbox, and the domain appeared in my cart. I was hoping I would get an error at sometimes saying transaction did not go through, but I was able to complete purchase, and my credit card was actually charged! As soon as I completed purchase, I received two emails, one from sc-noreply@google.com, and one from wmt-noreply@google.com, which is not the norm when you book domains ...
Samsung let me be your intern – OnePlus Co-founder Carl Pei
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Samsung let me be your intern – OnePlus Co-founder Carl Pei

We learned a very important lesson with the launch of the OnePlus 2 by not getting units shipped out as soon as they should have been. Now, we are working harder than ever to get the OnePlus 2 in your hands. We’ve ramped up the invite rollout, and will soon hold a one-hour open sale for those of you looking to purchase the OnePlus 2 without any hassle. (more…)
How to Plan for the Next 5 Years to Achieve your Goal – Mike Templeman
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How to Plan for the Next 5 Years to Achieve your Goal – Mike Templeman

Where do you see yourself in five years? Will you be a workaholic on Wall Street, living the simple life in America’s heartland or will you be a successful entrepreneur with a million-dollar business? If you are reading this article, I am guessing your answer is the latter. While trendy strategies come and go, there is no substitute for classic goal setting. Here are a few tried-and-true tactics to propel your business to success. (more…)
How I Used Social Media to Save My Business and Build My Brand – Matt Sweetwood
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How I Used Social Media to Save My Business and Build My Brand – Matt Sweetwood

It was 2007 and our business was in trouble. Unique Photo®, during the 20 previous years, had been one of the largest distributors of photographic supplies including film (35mm, 120/220, Polaroid, Kodak, Fujifilm, etc.), cameras, photo paper, chemistry, and accessories. At one time, we represented 5% of all rolls of film sold in the United States. Our customers were primarily small retail outlets such as camera stores, photo labs, tourist shops, pharmacies and professional photographers. They relied on us for low prices, quick delivery and stellar customer service. (more…)
5 Ways to Build an Extraordinary Team Culture- Peter Economy
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5 Ways to Build an Extraordinary Team Culture- Peter Economy

Employee teams are one of the best ways to get things done in any business. When you take a group of independently talented people and create a team in which they can merge their talents, not only will a remarkable amount of energy and creativity be released, but their performance, loyalty and engagement will be greatly improved. Here are five steps for building an extraordinary team culture: (more…)
Introducing 360 Video on Facebook – Maher Saba (Facebook Director)
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Introducing 360 Video on Facebook – Maher Saba (Facebook Director)

Starting today, 360-degree videos will begin rolling out in News Feed. Our goal at Facebook is to connect you with the people and things that matter, every single day. Over time, we’ve seen that people enjoy more immersive content in their News Feeds. This is one reason video has been so successful on Facebook, and we’re excited to take it a step further with 360 video. (more…)
5 Ways Startups Can Beat Big Companies- Ravin Gandhi
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5 Ways Startups Can Beat Big Companies- Ravin Gandhi

One of the most intimidating things entrepreneurs face is the fact that some of their competitors are massive multi-billion dollar corporations. Everyone knows the story of David and Goliath; occasionally the underdog wins.  But in the real world, the giant wins a lot (if not most) of the time. This was a reality I faced when I started GMM Nonstick Coatings in 2007, a manufacturer of nonstick coatings for cookware, bakeware and appliances. We were a true startup: no employees, clients or products.  Our main competitor was DuPont, whose multi-billion dollar brand Teflon has been a household name for decades.  Other industry competitors were subsidiaries of global conglomerates with facilities that looked like museums. I remember walking trade shows with a rolling suitcase alone, not bein...
8 Key Rules for Starting a Business on a Shoestring – Martin Zwilling
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8 Key Rules for Starting a Business on a Shoestring – Martin Zwilling

A few years ago, before the Internet was pervasive, before everyone carried a smartphone and before do-it-yourself software tools were available for free, it was difficult to reach a critical mass of new customers without spending a million dollars on a website, custom software and television advertising. Now you can match a big company with worldwide reach for a few thousand dollars. It’s a new age for aspiring entrepreneurs, where anyone with a dream or a hobby should be turning it into a business. The bad news is that many are already doing it, with competition growing, so the longer you wait, the less chance you have of getting there first. The good news is that most haven’t learned the new rules, so there is still room to surge ahead of the crowd. Here are some of the key new ...
How Timing Can Make or Break a Startup – Brandon Watts
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How Timing Can Make or Break a Startup – Brandon Watts

What comes to your mind when you think about companies like Webvan, Dodgeball, Pets.com, Kozmo.com, and WebTV? All were pioneers in their markets in many ways, but all were—in some respects, anyway—failures. In the business world, it's the unlucky fate of certain companies to serve as proof, or even punchlines, about how ambitious technology companies can implode in sometimes spectacular ways. But while it's easy, and occasionally instructive, to critique a company once it’s gone and dissect the reasons why, it's important to remember there's one tricky element that all startups face and few manage to fully control: timing. TIMING TRUMPS (ALMOST) ALL Startups like to tell themselves that execution beats everything. That idea is widely endorsed within the tech world, but it's probably ...