Author Archives: Admin

OMG!! Haven’t Registered Your Business with Startup India Yet!

startup india

Since beginning of the year, India is focusing upon encouraging skilled people over degree holders. The country is constantly motivating skilled people for doing business and to register it with ‘Startup India’. It is the flagship initiative of the Government to facilitate and offer benefits to new startups. This article is certainly not for praising Startup India. Rather it is for those, who dream to launch their own business or startup. The article provide guidance on how to do startup or business registration and how to notify the Government about their start-ups to get maximum benefits under this campaign.

Podcast Episode 2: Common Sense

common sense

Have you ever wondered what common sense does mean? Well according to Wikipedia, it is a basic ability to perceive, understand, and judge things, which is shared by (“common to”) nearly all people and can reasonably be expected of nearly all people without any need for debate. Common sense meaning in general is – practical intelligence of a person. Common-sense has much influence on life of entrepreneurs, specially during their startup days where they are expected to play and win the game with limited liabilities.

Let’s have a look on some facts before going through the podcast.

Lady Gaga failed startup – a Lesson for Entrepreneurs

Lady Gaga

Source: smallbiztrends.com

Backed most notably by singer Lady Gaga, it has been described as a place on the Web to create niche-based communities connected by shared interests. As such, it might have been a natural fit not only for singers like Gaga but for any brand having or seeking a strong niche community.

Podcast Episode 1: Feedback is precious

feedback is precious

Sir Robert James Sherwood is a well known consulting adviser to technology startups and accomplished expert witness on litigation associated with the Internet. He has more than 40 years of industry experience and engaged by both plaintiffs and defendants in litigation matters regarding website advertising, software, patents, licensing, e-commerce and related Internet issues. This is the moment of extreme proud and joy for me to launch a series of podcast of professor Bob(popular public name of Sir Robert J. Sherwood) exclusively on StartMyOwnBiz. In first episode of his podcast, professor Bob talk about feedback and its importance.

Startup India – How Startup In India Can Revive The Economy?

startup india

As we all know, Startup India is a much appreciated, much needed and an innovative initiative of the Government of India for encouraging people for startup in India and thus to invite them in country’s main economy stream in order to form better and strong economy. The campaign is equally ambitious as Make In India program. The vision behind Startup India is to drive sustainable economic growth and accelerate employment opportunities. Recently I got a chance to meet a visionary industry expert and entrepreneur Mr. Hardik Bhatt who shared his important views and opinion about Startup India campaign and also presented some statistics based on his deep research and studies. In following article, I have written about all discussion we had during our conversation.

8 Distinct Points Every Entrepreneur Must Take Care of While Marketing on LinkedIn for Small Business

linkedin-for-small-business

Source: The WSJ

Social media is a very effective platform for marketing and promotion of your startup. Especially marketing on LinkedIn for small business is very important during initial stage promotions. Entrepreneurs often seek appropriate guidance for various common questions like, how to add company to LinkedIn? How to create a company page on LinkedIn? How to use LinkedIn effectively for business? Etc.  Let’s try to see how small business can make the most of LinkedIn? How to do all things correctly.

5 ‘OMG Damn Easy Fundraising Exercises Every Entrepreneur Forget to Consider

fundraising

fundraising

Fundraising is an extremely important exercise for every startup. Almost every entrepreneur spends lots of time and efforts to present bright picture of his/her business in front of investors. Particularly they collect facts and figures,  financials statistics and prepare pitches until either they get succeeded in convincing the investor or give up. But often they skip some basic exercises those can be vital in clinching funds from investors. Today I will try to describe some very basic exercises those should be never sidelined or neglected by an entrepreneur during fundraising efforts. These are actually basic elements of a fundraising plan.

Why you should avoid meeting an investor without doing this first, if you really want him investing in your business?

investor-investing

Source: fortune.com

As we all know, an entrepreneur receives lots of advice like – please avoid this, don’t ever do that, you should focus on this, don’t run out of money & blah.., blah.., blah.. until his or her business or startup become self-sustaining and taste some success. The last one is certainly crucial and one should not neglect it. It’s possible that an entrepreneur may face difficulties to find a reliable investor whose investment funds keep the momentum going. Fundraising from investors is often considered to be a basic but complex exercise, but once you face the real market, you might feel like drowning in a mysterious world with unclear expectations. So for an entrepreneur what matters the most is, how to attract an investor and how to make him investing in the startup, but today I’ll focus on some key areas that are often critical to acquire attention of early-stage investors.