entrepreneurs
175th 1M/1M Roundtable For Entrepreneurs: Turning Dreams Into Cash
By Guest Post at May 24, 2013 | 10:17 am | 0 Comment
175th 1M/1M Roundtable For Entrepreneurs: Turning Dreams Into Cash Today’s 175th roundtable concluded with a wonderful comment from Dwight Harrison: “When running a business it is good to spend time with people who have converted dreams into cash.” I love the way the idea of turning dreams into cash summarizes entrepreneurship, and it perfectly summarizes our more...
How To Take Smart Risks For Your Business
By Martin at May 18, 2013 | 8:52 am | 0 Comment
Being a risk taker in business is not the same as being reckless. Nevertheless, the word “risk” has a negative connotation to most of us, implying danger and possible loss. For true entrepreneurs, risk is viewed as a positive, with its implied challenge to overcome the unknown and hitting the big return. In fact, risk is an integral part of life, as well as every more...
174th 1M/1M Roundtable For Entrepreneurs: Calculate Your TAM Accurately
By Guest Post at May 17, 2013 | 10:38 am | 0 Comment
174th 1M/1M Roundtable For Entrepreneurs: Calculate Your TAM Accurately Today’s roundtable had several entrepreneurs with promising businesses, including some already in revenue. Localvore First, Cameron Kramlich from San Francisco, California, pitched Localvore, a concept for local artisans to be able to sell their merchandise to consumers who want to shop more...
7 Customer Tips That Every Entrepreneurs Needs To Consider
By Martin at May 16, 2013 | 8:25 am | 0 Comment
Customer service has always been reactionary, meaning someone has to wake up and answer website email requests. That’s just not savvy enough to hold today’s fickle, less loyal, and ready to jump customer. Great startups are getting ahead of the game with “anticipatory customer service,” like providing smart phone access to product and account data to head off more...
6 Tips To Increasing A True Sense Of Urgency For Startups
By Martin at May 13, 2013 | 8:15 am | 0 Comment
In today’s business startup environment, if you don’t move fast, you get run over. Without a sense of urgency, people and businesses just can’t move fast enough. Speed is the driver because customers have a zero tolerance for waiting, and there are always competitors gaining on you. John P. Kotter, in "A Sense of Urgency," delves into the how-to required of more...
173rd 1M/1M Roundtable For Entrepreneurs: Promising Portfolio From India
By Guest Post at May 11, 2013 | 8:54 am | 0 Comment
173rd 1M/1M Roundtable For Entrepreneurs: Promising Portfolio From India Today’s roundtable comprised entirely of Indian entrepreneurs. Avaz First, Ajit Narayanan from Chennai, India, pitched Avaz, an iPad app for autistic children. Ajit is a 1M/1M premium member, and has been working with us on his strategy to not only increase the revenues from his products more...
How To Build Sustainable Million Dollar Startup Company
By Martin at May 10, 2013 | 8:29 am | 0 Comment
Entrepreneurs seem more quickly frustrated these days when their “million-dollar idea” doesn’t turn into a sustainable business overnight. They don’t realize that it takes many skills to build a business under the best of circumstances, and today’s world of instant gratification doesn’t leave room for the patience and practice to develop these more...
Why Entrepreneurs Need Executive Mental Toughness?
By Martin at May 7, 2013 | 8:32 am | 0 Comment
In sports, mental toughness is defined as the ability to focus on and execute solutions, especially in the face of adversity. If anyone in business ever needed mental toughness, it’s an entrepreneur. Investors tell me that startup success is all about execution, all while facing determined competitors and overcoming customers’ resistance to change. Dr. Jason Selk, more...
172nd 1M/1M Roundtable For Entrepreneurs: Tech Recruitment in Bulgaria; Custom Fashion in India; Incubator-in-a-Box
By Guest Post at May 4, 2013 | 9:09 am | 0 Comment
172nd 1M/1M Roundtable For Entrepreneurs: Tech Recruitment in Bulgaria; Custom Fashion in India; Incubator-in-a-Box Today’s roundtable had an interesting group of talented people working on a diverse set of businesses. Before we go there, however, I must bring to your attention our newly launched Incubator-in-a-Box. To enable everyone in any part of the world more...
Why Every Entrepreneurs Should Come Out From Their Comfort Zone?
By Martin at May 3, 2013 | 8:18 am | 0 Comment
One of the biggest impediments to starting a new venture is the “terror barrier,” as popularized by Bob Proctor, a 75-year-old millionaire and world renowned entrepreneur. This is the imaginary barrier that always seems to appear at the critical point where we would step out ahead of peers or competitors, but fear causes us to stop short. Everyone has a comfort more...
Why Entrepreneurs Should Not Rely On Gut Feeling All The Time?
By Martin at April 26, 2013 | 10:32 am | 0 Comment
I still know some entrepreneurs who boast of simply following their gut instincts, rather than listen to anyone or any data, to make strategic decisions. We’ve all worked with autocratic leaders in large companies who seem to thrive in this mode. They all forget or ignore the high-profile failures that have resulted from some single-handed business decisions. One of more...
170th 1M/1M Roundtable For Entrepreneurs: From Singapore To Israel
By Guest Post at April 20, 2013 | 9:01 am | 0 Comment
170th 1M/1M Roundtable For Entrepreneurs: From Singapore To Israel Today’s roundtable spanned entrepreneurs from Singapore to Israel, with India in between. Storyzer First up, today, KimSia Sim and Kai from Singapore pitched Storyzer, an e-publishing platform for graphic novels. Kai, a graphic artist himself, has lived the challenge of being a creative more...
169th 1M/1M Roundtable For Entrepreneurs: India’s Startup Industry Has A Major Gap – Product Marketing
By Guest Post at April 13, 2013 | 8:35 am | 0 Comment
169th 1M/1M Roundtable For Entrepreneurs: India’s Startup Industry Has A Major Gap – Product Marketing Today’s roundtable focused on India again, and we worked on five startups from various parts of the country. As discussed before, Indian entrepreneurs are trying to make the journey from services and products, and on that road, the biggest roadblock I observe more...
Why Personal Accountability Is Important For Entrepreneurs?
By Martin at March 30, 2013 | 9:46 am | 0 Comment
Everyone seems to like the aspect of being an entrepreneur that goes with “being your own boss” and “able to do things my way.” But sometimes they forget that this kind of freedom comes with a price of personal accountability. Accountability means “the buck stops here,” and “all the failures are mine.” Too many people seem to do whatever it takes to more...
167th 1M/1M Roundtable For Entrepreneurs: Positioning And Focus Create Fast Sales Cycles
By Guest Post at March 30, 2013 | 9:11 am | 0 Comment
167th 1M/1M Roundtable For Entrepreneurs: Positioning And Focus Create Fast Sales Cycles Today’s roundtable had some very interesting businesses, each of which has a high potential for success. Sapience First up, Ranjit Nambiar, from Bangalore, India, pitched Sapience (a 1M/1M premium company). We worked on Sapience’s positioning and go-to-market strategy, more...
Micro Startup Principles For Entrepreneurs
By Martin at March 27, 2013 | 9:05 am | 0 Comment
This past year, I’ve heard more and more about a new type of small business, called a “micro-business” (or micro-enterprise). These are usually characterized as owner-operated, with five employees or less, and less than $250,000 in sales. With the low cost of e-commence entry, and powerful Internet technologies, they require minimal capital to start, perhaps as more...
166th 1M/1M Roundtable For Entrepreneurs: Differentiation Is Key
By Guest Post at March 22, 2013 | 8:07 am | 0 Comment
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. CourseGarage.com 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 more...
165th 1M/1M Roundtable For Entrepreneurs: Spotlight On ProductNation, India
By Guest Post at March 16, 2013 | 9:11 am | 0 Comment
165th 1M/1M Roundtable For Entrepreneurs: Spotlight On ProductNation, India Today’s roundtable put the spotlight on entrepreneurs from ProductNation, an initiative by iSPIRT- a think-tank focused on transforming India into a hub for new generation software products. As you might know, India is a country firmly positioned on the global IT map, but as a service more...
164th 1M/1M Roundtable For Entrepreneurs: The Diabetics Epidemic
By Guest Post at March 10, 2013 | 12:00 am | 0 Comment
164th 1M/1M Roundtable For Entrepreneurs: The Diabetics Epidemic Today’s roundtable gave us a very interesting view into the diabetes epidemic raging all over the world. Mocherla Healthcare First up, Yeshwanth Nag from Chennai, India, pitched Mocherla Healthcare, an ayurvedic supplement for diabetes patients. Diabetes is almost like an epidemic in India, more...
Why First Impression Matter For Entrepreneurs?
By Martin at March 9, 2013 | 8:58 am | 0 Comment
Entrepreneurs are all about firsts, and the most important is you making a great first impression – on investors, customers, new team members, and strategic partners. Poor first impressions can be avoided, but I’m amazed at the number of unnecessary mistakes I see at those critical first introductions, presentations, and meetings. The key message here is more...