Monday, May 20, 2013


Most startups fail. But many of those failures are preventable.  The Lean Startup is a new approach being adopted across the globe, changing the way companies are built and new products are launched. 
Eric Ries defines a startup as an organization dedicated to creating something new under conditions of extreme uncertainty. This is just as true for one person in a garage or a group of seasoned professionals in a Fortune 500 boardroom. What they have in common is a mission to penetrate that fog of uncertainty to discover a successful path to a sustainable business. 

The Lean Startup has a kind of inexorable logic, and Ries’ recommendations come as a bracing slap in the face to would-be tech moguls: Test your ideas before you bet the bank on them. Don’t listen to what focus groups say; watch what your customers do. Start with a modest offering and build on the aspects of it that prove valuable. Expect to get it wrong, and stay flexible (and solvent) enough to try again and again until you get it right. It’s a message that rings true to grizzled startup vets who got burned in the Great Bubble and to young filmgoers who left The Social Network with visions of young Zuckerberg dancing in their heads. It resonates with Web entrepreneurs blessed with worldwide reach and open source code. It’s the perfect philosophy for an era of limited resources, when the noun optimism is necessarily preceded by the adjective cautious. Click Here For The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses

What if you could sit down with some of the world's most influential entrepreneurs and gain their knowledge and insights on how to create a game changing business?
Imagine having the chance to listen to a John Mackey (Whole Foods) or a Fred Smith (FedEx) on the most important things they've learned from their experiences. Or having the benefit of the self-reflection of Howard Schultz of Starbucks, who had to come back to the company he originally built to reinvent it and himself? Of course it's not possible to deliver these rock star entrepreneurs to your dinner table. But John A. Byrne offers the next best thing: he spoke with many who have changed the face of business. In World Changers he captures the most important lessons they've learned, the biggest challenges they've tackled, and the most valuable advice they can offer others who have an entrepreneurial dream. Check Out The World Changers: 25 Entrepreneurs Who Changed Business as We Knew It

To achieve unimaginable business success and financial wealth—to reach the upper echelons of entrepreneurs, where you’ll find Mark Zuckerberg of Facebook, Sara Blakely of Spanx, Mark Pincus of Zynga, Kevin Plank of Under Armour, and many others—you have to change the way you think. In other words, you must develop the Entrepreneur Mind, a way of thinking that comes from learning the vital lessons of the best entrepreneurs. 

In a praiseworthy effort to distill some of the most important lessons of entrepreneurship, Kevin D. Johnson, president of multimillion-dollar company Johnson Media Inc. and a serial entrepreneur for several years, shares the essential beliefs, characteristics, and habits of elite entrepreneurs. Through the conviction of his own personal experiences, which include a life-changing visit to Harvard Business School, and the compelling stories of modern-day business tycoons, Johnson transforms an oftentimes complex topic into a lucid and accessible one. Read The Entrepreneur Mind: 100 Essential Beliefs, Characteristics, and Habits of Elite Entrepreneurs

Dr. Kanth Miriyala used to work as a full-time business consultant for an MNC. He realized that due to the hectic job schedule, his health and his relationships were suffering. His two year old son would refuse to talk to him on weekends as Kanth's hectic job schedule left him with little time to spend with the family during the weekdays. And when he looked at his bank balance; it did not look great either. That's when he realized that he was just exchanging time for money. He started to seriously consider being an entrepreneur by building a startup but did not want to risk quitting his job.

His realization took him on an interesting journey of discovering what it takes to be an entrepreneur - figuring out where to start, experimenting, making mistakes, learning, expanding network, and building startups in different areas of passion while he was still working on his 9 to 5 job. Some of his ventures as an entrepreneur failed and some succeeded. He was one of the founders of Quintant which was sold to iGATE for 87 crores. He was an investor in Qik, a mobile video streaming company which was sold to Skype for $150 million. Read Entrepreneur 5 pm to 9 am to realize your dream of being an entrepreneur even if you have a full-time job! Click Here Entrepreneur 5 pm to 9 am - Launching a Profitable Startup without Quitting your Job

No comments:

Post a Comment