Gyaan Sutra On entrepreneurship and technology

This post is really a comment I had posted on VentureWoods :

What we lack is a medium of interaction. We talk about Techcrunch and how it empowers the startups in the valley, but the part that we miss is that the valley is well connected. Not on the internet, but also off it.

Consider this. This February I decided to start working full time on an idea. I went looking for experienced entrepreneurs to get some idea about issues I had never thought about before, like pricing the product, or how to get a team together. Or what about financials, how to get the marketing strategy together.

But the worst news was that I found none. The only couple of guys I met were those who did try to startup but the companies eventually closed down without making any money.

Everybody doesn’t think alike. And this creates even more problems. My last company was a startup too, and I went to my boss for advice. He was quite interested, but he had been running the company for the last three years with less than 10 people and thought it was just the perfect model. alright I agree it was working for him, but it wasn’t really what I need. I don’t want to tie up with big firms, because I think that it can really slow you down.

So after three months, when my product is almost ready for release, I still havent’ found anybody whose advice I can trust.

So basically, I’m doing everything from scratch. And this is what everybody does here in India. There is no channels for communication. Eg. if I two people need to write two websites, if both of them sit and write PHP first, it would be really long before they come up with anything.

A lot of you are entrepreneurs. You tell me how many other younger entrepreneurs have you met in the last two months, who wanted advice not contacts?

You want to blame the media, but it’s not really their fault. If the community of entrepreneurs is not building up, it’s because the entrepreneurs themselves don’t want it or are not working hard enough for it. Especially at a time like this, when every half wit like me calls themselves an entrepreneur. We have to find solution to find the good guys and ignore the bad ones.

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