akshayxyz Posted September 30, 2011 Author Posted September 30, 2011 @yougindia and dumdum. You do not have to be Apple, or compete with one, to be profitable/survive - in India. I am not sure, whether Notionink said they are competing at international level. They can very well target the middle class of India, and still do well. @youngindia - Yes I also firmly believe in that whole ecosystem has to be developed, and all such things evolve at socioeconomic level/pace. But that does not mean people should stop trying. It is better to be a fool and fail (learn) than not try at all.
bulbul Posted September 30, 2011 Posted September 30, 2011 @yougindia and dumdum. You do not have to be Apple, or compete with one, to be profitable/survive - in India. I am not sure, whether Notionink said they are competing at international level. They can very well target the middle class of India, and still do well. You misunderstood my post..i am not sying Notion trying to compete with apple..even Apple is a failed company some time back.. What i wrote that Notion trying to imitate the Secret working style of Apple without proving themselves first.. There is no rules saying you cant compete with international brands.. Why do u think Nokia who one time managed more than 60% of indian market now struggling here..its not only becuase of iOS and Android... Brands like Micro max,Carbon etc took the entry level phone markets from Nokia..go to any small mobile shops and ask for sets less than 3/4 k they no longer show or recomend Nokia
akshayxyz Posted September 30, 2011 Author Posted September 30, 2011 ^ I see your point now. (earlier I read yours in combination with young's post). As long as they keep trying, they should be able to figure that out - I hope sooner than later.
bulbul Posted September 30, 2011 Posted September 30, 2011 ^ I see your point now. (I read it in combination with young's post). As long as they keep trying, they should be able to figure that out - I hope sooner than later. may be they missed a trick here.. when they Started IPAD is the only Proper Tablet...But now you have more than 10 Branded tablets and 100s of chinese made and cost very less...so its very difficult to get a market share even in India... i guess the tablet which will incorporate both Eink and LCD displays will be successfull..Adam tablet tries sonehting similer with Pixel i something but i dont know how it works
bulbul Posted September 30, 2011 Posted September 30, 2011 there was a lot of hype around the company ' date=' infact almost Ipad like fanatic fan following ...his blog posts would get[i'] 1000s of responses in a day ..iirc was rated the most visited/popular blog one week ...the good thing is a lot of people know the company now , all they need is a decent product . i guess its similer to how some people Posts here during India wins...or for that matter CSK /Bambi fans rather than guys who genuinely wants a Tablet.... Chest thumping is easy in Net :giggle:
akshayxyz Posted September 30, 2011 Author Posted September 30, 2011 may be they missed a trick here.. when they Started IPAD is the only Proper Tablet...But now you have more than 10 Branded tablets and 100s of chinese made and cost very less...so its very difficult to get a market share even in India... i guess the tablet which will incorporate both Eink and LCD displays will be successfull..Adam tablet tries sonehting similer with Pixel i something but i dont know how it works in case you were referring to "I read it in combination with"... I meant, I misread your earlier post, as I read that in combination with young's post.
bulbul Posted September 30, 2011 Posted September 30, 2011 in case you were referring to "I read it in combination with"... I meant, I misread your earlier post, as I read that in combination with young's post. this is a general post... You made u r self clear in your last post
akshayxyz Posted October 1, 2011 Author Posted October 1, 2011 Good read on the topic. http://online.wsj.com/article/SB10001424053111903480904576512250915629460.html?mod=wsj_share_goog Not exactly pertaining to only Indian setup, but to current s/w entrepreneurship scene in general. in short, exciting times ahead for s/w entrepreneurs.
Jersey #10 Posted October 1, 2011 Posted October 1, 2011 I have a great idea but it requires a lot of work, money and time...Don't have either one but I hope to do something about it in the coming future
akshayxyz Posted October 1, 2011 Author Posted October 1, 2011 I have a great idea but it requires a lot of work' date=' money and time...Don't have either one but I hope to do something about it in the coming future[/quote'] First rule - there is no great idea by itself. Only the execution matters. 99.99 % of the time someone has already thought about it (your revolutionary idea) and most likely even done/started some implementation. If you really feel passionate about your idea, make sure you make some weekly progress. Even if you manage 2-3 hours per week, it is a good start and give you the momentum. Otherwise your idea is never going to come out of the shelf. Besides, you get to know the ground reality only when you start on the execution path.
Raghav_12 Posted October 3, 2011 Posted October 3, 2011 First rule - there is no great idea by itself. Only the execution matters. 99.99 % of the time someone has already thought about it (your revolutionary idea) and most likely even done/started some implementation. If you really feel passionate about your idea, make sure you make some weekly progress. Even if you manage 2-3 hours per week, it is a good start and give you the momentum. Otherwise your idea is never going to come out of the shelf. Besides, you get to know the ground reality only when you start on the execution path. My advice is if you are going for any startup, be ready to commit yourself for 2-3 years. If you want to be successful entrepreneur, you can't afford to have some middle path. You have to burn all those bridges which can provide you an easy way back to the comfort and safety of regular corporate jobs.
Raghav_12 Posted October 3, 2011 Posted October 3, 2011 This reads like a depressingly low end of technology based entrepreneurial ideas. Is it just using the internet to provide services or is there some innovation as well? If it's the former then it's a waste of an engineering degree. I can only contrast it with what I saw at Stanford in february. They had a start-up conference going there called StartX or something. I met an engineer who was part of a team developing a search engine for social networks. Apparently, the algorithm behind such a search service is really complex and groundbreaking and still a work in progress. Lot of it was greek to me but I could see they were attempting to provide a novel service through a real technical innovation. I am sure things aren't THAT dismal at our IITs but I don't hear much about such companies incubated there! Though ideas like mentioned above sounds very innovative, but you need not to have a very innovative idea to beocome a successful entrepreneur. More than idea, you need to have innovation in execution and these innovation might be very simple (like Flipkart/RedBus using Cash on Delivery (CoD)). In general purpose of enterprises is not to make use of latest technological innovation but to provide something to masses which they really need.
punjabi_khota Posted October 3, 2011 Posted October 3, 2011 Twitter, facebook, groupon are very technologically low end products too. OTOH Google was probably the last online startup with a real technological breakthrough behind it.
akshayxyz Posted October 3, 2011 Author Posted October 3, 2011 My advice is if you are going for any startup' date=' be ready to commit yourself for 2-3 years. If you want to be successful entrepreneur, you can't afford to have some middle path. You have to burn all those bridges which can provide you an easy way back to the comfort and safety of regular corporate jobs.[/quote'] I understand what you are saying - that is when someone wants to startup the company in proper way - with business plan/seed-money (for that 2 year duration) on the table. My advice was for people who can't leave the job and think that they have some 'great idea' but are not able to take out any time to get started. Most of the 'great ideas' meet ground reality during the earlier research/implementation and if one can persevere through that phase one can always take the next leap. Some of the startups took that path - pursuing hobby/passion/idea during part time. E.g. IMDB started up over usenet group, yahoo is another example, del.icio.us was also a part time project. Even with hotmail, one founder was part time and paying for the partner's expenses. Going all out is best, but if you can't manage that for some or other reasons/liabilities, then you have to start with small steps. In other words, making some progress is better than none at all - also if you keep waiting for too long, then the idea might become obsolete by the time and that can be demotivating for some people.
Raghav_12 Posted October 3, 2011 Posted October 3, 2011 I understand what you are saying - that is when someone wants to startup the company in proper way - with business plan/seed-money (for that 2 year duration) on the table. My advice was for people who can't leave the job and think that they have some 'great idea' but are not able to take out any time to get started. Most of the 'great ideas' meet ground reality during the earlier research/implementation and if one can persevere through that phase one can always take the next leap. Some of the startups took that path - pursuing hobby/passion/idea during part time. E.g. IMDB started up over usenet group, yahoo is another example, del.icio.us was also a part time project. Even with hotmail, one founder was part time and paying for the partner's expenses. Going all out is best, but if you can't manage that for some or other reasons/liabilities, then you have to start with small steps. In other words, making some progress is better than none at all - also if you keep waiting for too long, then the idea might become obsolete by the time and that can be demotivating for some people. I agree that some preliminary research is required before you jump on it, but eventually you'll have to go flat out for it, leaving job or whatever other liability you may have. And trust me, whatever amount of research/preliminary work/ground preparation you do, quitting job for starting your own thing would always be equally difficult- be it at the time when you got that eureka feeling or be it at the time when market has validated your idea. I am speaking this from my own experience and with experience of my batch-mates. I have vaguely heard about guys who quit their cozy jobs just with the idea of doing of something of their own. They set timelines for themselves and then commit themselves for that duration. Don't question yourself/your team/your idea for the duration you have committed yourself for.
yoda Posted October 3, 2011 Posted October 3, 2011 Twitter' date=' facebook, groupon are very technologically low end products too. OTOH Google was probably the last online startup with a real technological breakthrough behind it.[/quote'] Twitter and facebook have massive engineering problems wrt scale. You only need to read the facebook engineering page to see some of the interesting technological initiatives that go behind the scenes there. Also facebook connect isn't technologically low. Both of them are far from just a website offering products/service.
punjabi_khota Posted October 3, 2011 Posted October 3, 2011 Twitter and facebook have massive engineering problems wrt scale. You only need to read the facebook engineering page to see some of the interesting technological initiatives that go behind the scenes there. Yeah they have scale related problems. But there is no great scientific idea that made facebook what it is. The social networking thing was already there. Myspace had ~ 100 million people too. The great problems came AFTER facebook was already a success.
yoda Posted October 3, 2011 Posted October 3, 2011 Yeah they have scale related problems. But there is no great scientific idea that made facebook what it is. The social networking thing was already there. Myspace had ~ 100 million people too. The great problems came AFTER facebook was already a success. In 2006 they supported 5 million users with 15 engineers.
punjabi_khota Posted October 3, 2011 Posted October 3, 2011 So ? As I said, Myspace was doing 50-100 million by 2007. So what great problem did FB solve ?
akshayxyz Posted October 3, 2011 Author Posted October 3, 2011 I agree that some preliminary research is required before you jump on it, but eventually you'll have to go flat out for it, leaving job or whatever other liability you may have. And trust me, whatever amount of research/preliminary work/ground preparation you do, quitting job for starting your own thing would always be equally difficult- be it at the time when you got that eureka feeling or be it at the time when market has validated your idea. I am speaking this from my own experience and with experience of my batch-mates. I have vaguely heard about guys who quit their cozy jobs just with the idea of doing of something of their own. They set timelines for themselves and then commit themselves for that duration. Don't question yourself/your team/your idea for the duration you have committed yourself for. Of course I am also speaking from my own experience and people around me. From what I have learnt/seen, no need to wait for the D-Day, and keep making progress however little it is...otherwise one would not get confident enough to take the leap. Lot of precious time is lost in waiting for the perfect plan/day. And you would agree - there is no secret recipe for guaranteed returns, otherwise everyone would be doing it by now. There are examples and exceptions of every approach. And there is no great idea - so, if you do not start implementing/prototyping, you would not know where you stand.
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