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Author Archives: Prashanth Halappa
What makes entrepreneurs entrepreneurial?
Came across this brilliant paper which points out the difference between the way entrepreneur thinks and works and the way an MBA would handle it. The main difference I saw was in the approach, Entrepreneur would jump into action with … Continue reading
Four Types of customers
Every industry has four types of customers: Loyal Customers Soon-to-be Non-Customers “Refusing” Non-Customers “Unexplored” Non-Customers You can gain a lot from each type of customer, if used properly. If one adds to your revenue stream, the other helps improve your … Continue reading
Posted in Entrepreneurship
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How not to lose a Business plan competition?
Last month I got a chance to go through about 25 business plans. All plans were in the idea stage and were written by college students. I am no expert in wrinting bplans, but felt, with basic knowledge on how … Continue reading
Kick-Starting a Venture
Gave a talk on Kick-Starting a Venture at NITK, Surathkal. Practical things that are to be taken care of when starting/running a venture. You can download the presentation here : kick-starting-a-venture.ppt Did you like this? Share it:Tweet
Google has a 3rd co-founder!?
Until now we knew Larry Page and Sergey Brin as the (only) co-founders of Google. But few months back a man is claiming to be the third co-founder of Google. Hubert Chang claims that as an NYU Ph.D student in … Continue reading
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Starting a Business: Hire the right People
When we hire people, we need to choose those who have the right skills and attitude. Any business, especially a startup, cannot afford to hire someone who does not fit in. It is the team that matters more than the … Continue reading
Posted in Entrepreneurship
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Starting a Business: Choose the right partner
It is always a better idea to start a venture with a partner, than doing it single handed. But, not so, if you choose the wrong one! A wrong choice here might prove is fatal. You choose a wrong partner … Continue reading
Posted in Entrepreneurship
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Starting a Business: Always have a backup plan
How much ever we plan, things do go wrong, and we get unexpected results. Remember the Murphy’s law – “If anything can go wrong, it will!“? Having a backup plan helps you to come out of the situation without hurting … Continue reading
Posted in Entrepreneurship
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Starting a Business: No to Unwanted Facilities
When money is tight, as the case is, in any startup, you do not want to be spending on unnecessary things. But unfortunately, that is what most of us end up doing. We tend to get our priorities wrong and … Continue reading
Posted in Entrepreneurship
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Starting a Business: Do you have enough money?
Do not underestimate the cost involved in getting your new business up and running. There will be lots of unforeseen expenditure which might eat into your budget and cause problems in the run. Make an approximate of how much you … Continue reading
Posted in Entrepreneurship
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