
Below is an excellent presentation that won the “Young Techno-Entrepreneurs” award held in June,2007 at NirmalLabs
Below is an excellent presentation that won the “Young Techno-Entrepreneurs” award held in June,2007 at NirmalLabs
The bottom line of the interview : “Entrepreneurs fail because they don’t understand consumers well”
Important excerpts from the interview:
Yes, because I came from background where no one from our family was in business and there was no great financial acumen or anything. I got over the fear in the first two years. We struggled a lot but somehow muddled through.
What is your advice to young people who want to pursue entrepreneurship?
Two most important things according to me are good work experience and a good institute. I strongly recommend MBA aspirants to get experience in a good organization before they start their MBA — because it will enable them to get the maximum out of their MBA education. I think MBA without prior experience is just an extension of college. Experience helps aspirants to understand things more easily and clearly because after experience a person can relate everything they learn with the reality of organizations and understand how organizations really work.
Even the best international B-schools favour work experience. Unfortunately, Indian B-schools largely take fresher for MBA.
Also, a good management institute always adds more value. So work hard to get admission to a good school. It is worth the effort.
What are some common but important mistakes young entrepreneurs are making in their plans to build businesses?
I think it’s the lack of understanding their customers. Many people start their business without understanding their target audience and customers well.
Read the complete interview here
Most of the bloggers were mostly agitated with Truemors since,they had an image of Guy in their mind and his blog being “How to change the world“, they felt Truemors had nothing that could change the world I am no Guru and in my IMHO,when a person starts , he should forget his past which means we should think that Guy Kawasaki as an Entrepreneur and not as an author or an ex-evangelist from Apple.In fact,when I read a few blogs, it was seen that the entire blogosphere is against Guy’s Truemors.Check out article which says “Truemors as Worst website ever discovered” and some say “How Guy wasted $12,107 on Truemors” and many more,the list of criticism is endless….
But this negative PR could also work in Guy’s favors and would help Truemors getting more publicity and more traffic to the site!!! Check this article on Guy’s blog which says “Inquirer’s article generated 246,210 page views“. Yes indeed, there’s no such thing as bad PR. !!!
This discussion really shows how nasty can this OPEN world of blogosphere be… Definitely,as a professional Guy Kawasaki would take the inputs from some of these inputs and try to implement those in Truemors.
Though,there was so much discussion in the blogosphere,I always wanted to see how Guy Kawasaki,as an Entrepreneur would react to this whole melodrama and his reaction was as per the expectation and is a must watch (video link below):
What is WINGS:
WINGS stands for opening up a whole new mindset among the differently-abled who feel resigned in life due to circumstances and society which limit them. It is about giving them a voice, enabling them to overcome their barriers in “Dreaming Big”. And it aims to achieve this through adventure sports.
How would WINGS help physically disabled?
This is a project initiated by a group of like-minded individuals. After our experience with adventure sports, we started thinking about how to reach out to youth with disabilities through this powerful medium. We first heard of such adventure activities being pursued by youth from National Association for Blind (NAB-Mysore).
Some of the past events:
A new High in their determination
The Himalayan battle against disability
Similar event in Bangalore:
BlindNews: Despite disability she soars to heights: student tries Aqua Parasailing
When does the event happen?
The event is scheduled in the weekend(1st or 2nd week of August,2007)
How can you contribute?
You can contribute in multiple ways:
The telecast of Young Turks can be found here
The unfortunate part is the second season of Proto statrs on 20th July and the Blogger’s meet is on 21st July,2007.So, either of the events has to be skipped!!! Anyways,the details of the event are as given below:
Event Details
Date : 21st July,2007
Venue:
BrewHaHa
Near Jyoti Nivas College,
Koramangala
You can register for the event here
You become hooked when you watch Young Turks that features Entrepreneurs interviewed by Shereen Bhan…Than came “The Entrepreneur” which had startups being funded by the VC’s and the pitch coming live on TV….
And now comes a show which would focus on the M&A scene where they would focus on the latest M&A’s in India,their analysis and why they happened?….The show is telecasted every Sunday,9:30 PM….An interesting and a must watch