194th 1M/1M Roundtable For Entrepreneurs: Book Launch – Feminine Feminism
Today’s roundtable started with the launch of my new book, Feminine Feminism.
I read the opening chapter titled ‘Talented Women: Please Do NOT Quit’ for our audience. Here’s how that chapter begins…
Five years ago, a good friend of mine hanged herself.
I had coffee with her the day before.
She was married to a successful Silicon Valley entrepreneur who ran a couple of major companies and had a brilliant career. She did not work. But on the surface, they had everything.I knew both of them well. It was a deeply disturbing incident that shook us all up.
Five years have passed. I have observed society around us closely. And today, I am writing this with a certain amount of lingering sadness.
One of the greatest defeats of the feminist movement in America has been the phenomenon that women in the thirties are quitting the workforce in large numbers. Many of them are highly educated, and just as they acquire sufficient experience to take on more substantial roles, the body clock sets off an alarm.
Time to have babies.
Women are programmed to want to have children. There is no point in denying or defying biology. Whatever it is that the feminists want women to do, asking them not to have children isn’t something that will gain any traction.
Then, we moved on to the regular entrepreneur presentations.
First up, Carl Petrou from London, England, pitched PandaPay, a mobile app for paying for restaurant bills. The app has a few competitors who have a little bit of traction. I have concerns about the competitive landscape, including potentially large companies entering the space. What if Square starts offering this service?
Next, Rahul Shingi from Pune, India, pitched CabCrazy, a portal for consumers in Pune to book cabs from cab dealers. Rahul has launched the service with a dozen major cab companies, and has started generating a bit of revenue. Now, he needs to learn customer acquisition.
Last up, Shirly Cohen Fenster from Israel, pitched Prodsy, a lower-priced competitor to ServiceNow, an IT management suite of products. The company needs a much more refined positioning to be able to compete with at least major competitor, and many smaller ones.
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.