Negotiation skills for start-up Every thing needs to be negotiated if you are creating your new start up. Large number of people think that start-ups have very little or no negotiation room. But that is sooooo wrong. Here are some tips for a start-up to negotiate successfully. 1. Always carry a senior enough title like a Vice President or COO etc. This helps in setting the right plat form. 2. Make sure that you are dressed right to go into …
Author: giridevanur
→Mr. Giri Devanur is a Serial Tech entrepreneur, from India, who is currently based in the US. Born in a small town called Chikmagalur, Karnataka, India Giri went later went on to ring the Nasdaq Stock Market Closing Bell in New York City. Giri holds a Master of Science (MS), in Technology Management • from Columbia University in the City of New York, and Executive Education from Harvard Law School, and an Executive Education in Innovation at MIT in Computer Science. He was a mentor of – the Executive Master Program-Columbia University. He is an E&Y Entrepreneur of the year award winner and has successfully completed the Nasdaq IPO of AMRH (Ameri100.com). He has helped raise multiple rounds of capital, executed M&A. Giri Devanur is currently the CEO & founder of ReAlpha Tech Corp.
Hiring for Super Growth If you want to “Turbo Charge†the growth of your start up….it boils down to one simple thing. Hire the best people. As a Owner or a partner of the start up, here are a few key items you need to focus on. (I have learnt some of them the hard way) 1. Write a clear job description. I know you think that’s for a big company…not really. Try this site : JobDescription 2. Be clear …
Tips for a new entrepreneur While many people advise that a new entrepreneur should have partners and family to support in business etc…in real life an entrepreneurship is a single person game. Here are the top 7 suggestions. 1. Never plan to have more than 1 or 2 friends in the start up phase Have clearly thought out and mutually agreed salary structure / equity or profit sharing Make them invest – either sweat or cash is better Let them …
Innovate or perish World is changing at rapid pace. We are at the beginning of a digital revolution. I attended a training program at MIT a while back about how to create a break thru innovations company. Some of the learnings are 1. Innovation is a process not work of some genius 2. Innovation can be best achieved by a cross functional team rather than a “think tank” or some super sniper teams 3. You need to start of with …
The Financing a new start-up Great startups are built during economic slowdowns. Here are top 10 methods to fund your start-up, when the going is tough. Use all free services for your website etc. Design your own stationery (visiting cards, mailing envelopes, letterhead etc) – Check this out http://www.freeprintablebusinesscards.net/ Use credit cards (clearly set a limit…in India have a Rs. 50,000 for all your start up activities) Figure out how to use friends and family to provide “free†consulting. Sign …
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