Tag Archives: Startups

Paul Graham on How to Make New Things

Paul Graham on how to make new things

I like to find (a) simple solutions (b) to overlooked problems (c) that actually need to be solved, and (d) deliver them as informally as possible, (e) starting with a very crude version 1, then (f) iterating rapidly.

When I first laid out these principles explicitly, I noticed something striking: this is practically a recipe for generating a contemptuous initial reaction. Though simple solutions are better, they don’t seem as impressive as complex ones. Overlooked problems are by definition problems that most people think don’t matter. Delivering solutions in an informal way means that instead of judging something by the way it’s presented, people have to actually understand it, which is more work. And starting with a crude version 1 means your initial effort is always small and incomplete.

I’d noticed, of course, that people never seemed to grasp new ideas at first. I thought it was just because most people were stupid. Now I see there’s more to it than that. Like a contrarian investment fund, someone following this strategy will almost always be doing things that seem wrong to the average person.

The Best of Indian Business Blogs: A Weekly Digest by Business Bloggers You Trust (Week Four)

Quick Summary: Check out the fourth edition of ‘The Best of Indian Business Blogs’, a weekly digest by business bloggers you trust.

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The Best of Indian Business Blogs: A Weekly Digest by Business Bloggers You Trust

The Idea

The basic idea is simple: we form a network of five to ten influential Indian business bloggers to promote link-worthy posts from other Indian business bloggers in the form of a weekly digest published on our respective blogs.

The People

The present members in our network are (in alphabetical order):-

- Gaurav Mishra, that is, yours truly, is a marketer and a social media enthusiast (Blog, Facebook, LinkedIn and Twitter).

- Gautam Ghosh is an HR professional and a veteran business blogger (Blog, Facebook, LinkedIn and Twitter).

- Kiruba Shankar is India’s original A-list blogger and podcaster and a regular speaker at technology conferences (Blog, Facebook, LinkedIn and Twitter).

- Palin Ningthoujam is a public relations professional and the founder of India PR Blog (Blog, Facebook, LinkedIn and Twitter).

- Rajesh Lalwani is the founder of social media agency Blogworks (Blog, Facebook, LinkedIn and Twitter).

- Ranjan Varma is the writer of personal finance online weekly Personal Finance 2.01 (e-Book, Blog, Facebook and Twitter).

The Best of Indian Business Blogs: A Weekly Digest by Business Bloggers You Trust (Week Three)

Quick Summary: Check out the third edition of ‘The Best of Indian Business Blogs’, a weekly digest by business bloggers you trust.

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The Best of Indian Business Blogs: A Weekly Digest by Business Bloggers You Trust

The Idea

The basic idea is simple: we form a network of five to ten influential Indian business bloggers to promote link-worthy posts from other Indian business bloggers in the form of a weekly digest published on our respective blogs.

The People

The present members in our network are (in alphabetical order):-

- Gaurav Mishra, that is, yours truly, is a marketer and a social media enthusiast (Blog, Facebook, LinkedIn and Twitter).

- Gautam Ghosh is an HR professional and a veteran business blogger (Blog, Facebook, LinkedIn and Twitter).

- Kiruba Shankar is India’s original A-list blogger and podcaster and a regular speaker at technology conferences (Blog, Facebook, LinkedIn and Twitter).

- Palin Ningthoujam is a public relations professional and the founder of India PR Blog (Blog, Facebook, LinkedIn and Twitter).

- Rajesh Lalwani is the founder of social media agency Blogworks (Blog, Facebook, LinkedIn and Twitter).

- Ranjan Varma is the writer of personal finance online weekly Personal Finance 2.01 (e-Book, Blog, Facebook and Twitter).

How Not To Run A Blogger Relations Program

Quick Summary: Indian public relations firm Good Relations provides me the perfect case study of how not to run a blogger relations program.

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There’s a wealth of good advice available on how to run a blogger relations program — see Guy Kawasaki, Michael Arrington, Lee Odden, Emergence Media (PDF), Brian Solis (PDF), Shift Communications (PDF), Rohit Bhargava (PDF) and Vocus (PDF) to start with — so, I’m wondering why would public relations firm Good Relations send me an e-mail like this –

From: PR-Agent-Name (pr-agent-name@gri.co.in)
Date: Mon, Mar 31, 2008 at 1:25 PM
Subject: Entrepreneur-Name unveils his second entrepreneurial venture Startup-Name.com
To: PR-Agent-Name (pr-agent-name@gri.co.in)

Greetings:

Please find below press release on Startup-Name.com, a second entrepreneurial venture of Entrepreneur-Name. It will be great if you can review the website and write your personal experience.

Should you be interested in interacting with Entrepreneur-Name, please do not hesitate to contact me.

Thank you

Regards,

PR-Agent-Name

Account Manager
Good Relations (India) Pvt Ltd

I typically receive 2-3 pitches for startups every week, but they are usually from someone in the startup team itself, and very different from the pitch above.

The Best of Indian Business Blogs: A Weekly Digest by Business Bloggers You Trust (Week Two)

Quick Summary: Check out the second edition of ‘The Best of Indian Business Blogs’, a weekly digest by business bloggers you trust.

- X - X - X -

The Best of Indian Business Blogs: A Weekly Digest by Business Bloggers You Trust

The Idea

The basic idea is simple: we form a network of five to ten influential Indian business bloggers to promote link-worthy posts from other Indian business bloggers in the form of a weekly digest published on our respective blogs.

The People

The present members in our network are (in alphabetical order):-

- Gaurav Mishra, that is, yours truly, is a marketer and a social media enthusiast (Blog, Facebook, LinkedIn and Twitter).

- Gautam Ghosh is an HR professional and a veteran business blogger (Blog, Facebook, LinkedIn and Twitter).

- Kiruba Shankar is India’s original A-list blogger and podcaster and a regular speaker at technology conferences (Blog, Facebook, LinkedIn and Twitter).

- Palin Ningthoujam is a public relations professional and the founder of India PR Blog (Blog, Facebook, LinkedIn and Twitter).

- Rajesh Lalwani is the founder of social media agency Blogworks (Blog, Facebook, LinkedIn and Twitter).

- Ranjan Varma is the writer of personal finance online weekly Personal Finance 2.01 (e-Book, Blog, Facebook and Twitter).

Check It Out: My First Podcast on Why Startups Need Workaholics and Why Mobile Will Drive Web 2.0 Usage in India

Quick Summary: Check out my first podcast on Indicast where Aditya Mhatre, Aditya Mishra, VeerChand Bothra and I discuss why startups need workaholics and why mobile will drive web 2.0 usage in India.

My First Podcast on Indicast

I had a great time last Sunday recording my first podcast with Aditya Mhatre, Aditya Mishra, VeerChand Bothra (tweet) on why startups need workaholics and why mobile will drive web 2.0 usage in India (tweet).

All three of them have extremely rich backgrounds, resulting in an extremely vibrant discussion —

- Aditya Mhatre is India’s leading podcaster at Indicast (Blog, Facebook, LinkedIn and Twitter).

- VeerChand Bothra is at the center of India’s mobile boom, as MobilePundit, as organizer of Mumbai Mobile Mondays and as VP at NetCore Solutions (Blog, Facebook, LinkedIn and Twitter).

- Aditya Mishra is deeply involved in the startup ecosystem in India through his work (he has the fancy title of Entrepreneur-in-Residence at TCS) and his role as the organizer of BarCamp and Kickstart (Blog, Facebook, LinkedIn and Twitter).

Web 2.0: Is the Bubble About to Burst?

Steve Rubel started talking about it yesterday and, within a day, everyone is talking about the web 2.0 bubble -

The bubble really began in earnest when Google bought YouTube. That’s when every person with an entrepreneurial itch woke up and smelled the hype and money. Prior to then, startups were more focused on the entrance, not the exit.

John Heilemann at the New York Magazine argues both sides of the case but fails to make up his mind -

There’s the glut in venture capital: $3.4 billion invested in fledgling Internet firms in 2007, the most torrid pace since the height of the Web 1.0 mêlée. There are those lunatic valuations… There’s the frothy run-up in the NASDAQ… And then there’s the flood of derivative, dum-dum start-ups inducing a severe case of dot-com déjà vu.

Despite some tremors, online advertising is now a juggernaut that promises to only become more powerful as companies like Facebook start creating sophisticated networks where fine-grained behavioral targeting is possible. More than 1.3 billion consumers around the world now use the Internet, and the global growth curve is steep. Meanwhile, the main source of unbridled mania in the nineties, IPOs, are a non-factor this time around. Instead, the boom is being driven by giants with riverine profit flows and vast reservoirs of cash.

Save An Alien

If you are looking out for the next potential Internet phenomenon, head to Save An Alien.

The Israeli Facebook-only startup asks you to adopt an alien before a meteor strikes an alien planet in six months and kills the entire population of 10 million unique aliens (via TechCrunch).

I have already saved my alien (Dugkat is green, wears a black tie and has a really ugly family he wants me to help save); have you saved yours yet? :-)

dugkat.png

Startups, VCs and Liars

In response to Paul Kedrosky’s list of top ten VC lies -

I liked it, but I couldn’t get it past my asshole partners.

- Mashable’s Pete Cashmore made his own list of top ten lies about startups -

It’s The XYZ Killer!! - Wherein XYZ represents an amazingly popular one-of-a-kind service and the thing doing the killing launched today on a server in the 13 year old founder’s bedroom.

Have I ever mentioned that, in the early days of outsourcing, I was associated with one two outsourcing startups myself? We even went to Hawaii to get VC funding for one of them (thanks to the startup cell at IIM-B), only to realize that we were way out of our depth. Both of them are small profitable businesses today, by the way.