166th 1M/1M Roundtable For Entrepreneurs: Differentiation Is Key
Today’s roundtable had three long pitches and a few additional short discussions on elevator pitches by entrepreneurs.
First up, Shikha Chaudhry from Ghaziabad, India, pitched CourseGarage.com. She proposes to offer a set of courses to teenagers with the purpose of familiarizing them with what various career paths entail. For example, what does it mean to become a Computer Scientist?
Or a lawyer? An architect? We had an interesting discussion around what sparks real interest in kids – stories or subject matter? And in the days of the Internet, with kids like 15-year old Radhika Ghosal taking MIT’s Circuits and Electronics course on her own from EdX, where is the real gap?
Then, Gurpreet Singh from Toronto, Canada, pitched Mobile GestBuk, a real-time, mobile customer feedback solution for retail, hospitality, and airline industries. The product’s closes competitor is Medallia, a savvy company with deep domain knowledge, entrenched customers, and significant revenues. Gurpreet needs a competitive positioning that is rock solid.
Next, Kumar Mangala from Newtown, Pennsylvania, pitched Madgigs, a recruitment industry solution focused on IT recruitment and feedback. Here again, we had an in-depth conversation about the gaps in LinkedIn and other solutions. The market is heavily crowded and extremely noisy. Not easy to differentiate.
You can listen to the recording of today’s roundtable here.
Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, a virtual incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond.
She is a Silicon Valley entrepreneur and strategy consultant, she writes the blog Sramana Mitra On Strategy, and is author of the Entrepreneur Journeys book series and Vision India 2020. From 2008 to 2010, Mitra was a columnist for Forbes.
As an entrepreneur CEO, she ran three companies: DAIS, Intarka, and Uuma. Sramana has a master’s degree in electrical engineering and computer science from the Massachusetts Institute of Technology.