In my last post I mentioned that the team was being let go. We had no business, and no clear idea on what we wanted to do. Our first intention was to keep working on our product based business that we built, but that required funds. And at that point we were pretty exhausted.My partners started talking to a few ...
In my last post I mentioned that we were trying to convert our business to a product based business. And we built a beautiful product. We launched on time, got a ton of press coverage. We were featured on National TV programs in USA, Germany and Korea. Got reviewed in over two dozens of tech blogs. Our app was downloaded ...
For a while me and my business partners have been discussing ways to get out of consulting. Consulting is a pretty lousy way to earna living with its own set do problems. One issue with consulting is that you can never predict the workflow. There are times that you are crazily overloaded with work and the there are really dry ...
To be honest I think I've spent more time reading about GTD than practicing it. My first brush with GTD starts in 2009. This was the time that I too a very keen interest in personal development. As usual I read a lot of things and realized that I needed a task management and productivity system if it was to ...
They say that periods of slowdown are a good thing. That it is a time for taking a breath, tighten loose ends, plan and prepare for the next phase of growth. Personally for me, slow periods are killers. I think I perform we'll under pressure. It keeps me on my toes, makes me look for results rather than elegant solutions ...
Saving as an individual is a good habit. But when it comes to small business where there is only a single or couple of owners that it is acceptable to charge all the expenses to the businesses. This also seems the theme of some of the popular books like Rich Dad Poor Dad by Robert Kiyosaki. The underlying idea is ...
I have been reading Leo Babuta's minimalism blog (mnmlist.com) and it had opened my eyes. It opened my eyes to what I was doing. Hoarding stuff, upgrading stuff when the existing stuff still have life left in them. Amateurs buying professional equipment to carry out hobbies. In today's world we have far too much stuff than we need. We consume ...
I have got me a few toys expecting that they will keep me occupied. Like a camera and a guitar. He camera is lying in my cupboard only coming out when there is a function. And the guitar, so far it's just a total waste of money. I never signed up for the lessons to learn to play it. My ...
This is more of a personal rant than anything else. So this has nothing to do with entrepreneurship or startups. There are phases in life where you are working towards a goal or where you are working to get out of a situation like a debt. Then there comes a phase where things are moving on pretty steadily and you ...
My wife decided that she was going to tender her notice for her job and that she was going to spend sometime being a full time mother. She wasn't enjoying her work anymore and our kids are growing up pretty fast. I cant blame her that she wants to savor every moment of their lives. Sometime back I wrote about ...
I had been reluctant to get into a growth phase for my business since the stressful period we experienced during this period last year. I would have literally lost a few years off my life expectancy over that stressful period. We were on the verge of shutting down the operation and letting go of people. We were even thinking of ...
I have not been an early adopter when it came to gadgets. He primary reason being, I've always had this internal dialog with a hard time justifying spending money on the latest toy to come out. I had this envy of the new gadgets when I was younger but as I grew older I was content with what I had. ...
One thing I have written about before on this blog was the cash flow issues that I was personally and as the company was facing due to the cash allow issues my foreign partner was facing. This resulted in me accumulating a significant amount of outstanding payments with the partner. With the prospect of this recovering this payment being bleak ...
I took my longest vacation after going solo and starting the company a couple of weeks ago. That was a two week vacation out of town and it was the longest by far for the last three and a half years. The last time I took some time off, which was just three days and left my team directly working ...
What can I say. I am addicted! No it's not sex, drugs and music. But to start ups. Specifically to new ventures. Setting up operations. Building companies. So when an offer came my way to build a different kind of a company, which is a Systems Integration company in this case, I just couldn't say no. Knowing that I will ...
End of a financial year and the dawn of a another. I am starting the new year with a much leaner company. Leaner, because I am running a company that has less staff. Hopefully this will ease the burden on finances and better utilize people and improve the overall quality of the output. Even though the staff has shrunk, the ...
This year was off to a bad start. So far I've had to let go of two people in my team. One was let go for disciplinary reasons. And the other was let go for performance reasons. However both those were some of the hardest decisions to make and even harder to execute. For a small company, the greatest asset ...
When you are running a start-up, holidays are the last thing on your mind. With so many things on your plate every day, and having to wear so many hats, you end up running out of the number of hours you can afford to work on a day, to get the things you want to get done, done. And unlike ...
An interesting article at onStartups.com called Why Venture Capitalists Invest In Pigs, Not Chickens. Although I am not interested in raising venture capitol for my startup projects, it made me analyze my approach. And the result, well I ‘m a chicken. My startup web project has been, is still, and likely remain for sometime, a side project. And by ...
I have been a customer of Sampath Bank for over 20 years. I’ve used them almost exclusively when it comes to personal banking. And I’ve been a using their online banking application ‘SampathNet’ since its inception. Following this preference when I started my business, I opened up my accounts with Sampath Bank and immediately applied for online banking facilities. ...