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How much should you pay yourself as an entrepreneur?

By Roland Hanekroot And why does it matter so much to your business? So you’ve run your business for a while and you pay your staff a regular wage of course, but you yourself just draw money out of the account as you need it and when it’s available for you to draw, right? Yep, of course… Why take money out of the...

It Is Good To Startup But It Is Wise To See If You Can Pull It Through ?

“Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do.” — Steve Jobs, co-founder, chairman and CEO of Apple By Pramod Chandrayan Every day, millions of Ideas get implanted into the heads...

How I made $200,000 when I was 16 years old

By Rodney Gainous Jr About three years ago, I published a story about how the Twitter app I built in high school, Follow, reached 150,000 downloads in two years. In that article, I alluded to the even larger story about how I got into software. Well, here it is. Nine years ago today (wow!) I got my first remote gig writing software. I didn’t have...

Why big companies should fear startups

On a tour of a young food startup trying to disrupt the home tiffin service and a young budget room aggregation brand, one gets a sense that the big companies are bound for disruption from their younger rivals. By Harsimran Julka I’m in Gurgaon early noon. The dusty road is completely clogged with cars. The other side a road is being...

Why Uber, Ola may be responsible for traffic mess in our cities

Safer and more connected public transit along with a regulation on taxi apps is the need of hour than addition of more taxis on our clogged roads. This will not only make our cities cleaner, greener but also improve the quality of life of its citizens. By Harsimran Julka Drive on Delhi’s roads these days and you would feel a difference....

Fake goods: Why foreign investors are turning a blind eye to counterfeit e-commerce

As more Indians are expected to shift their daily shopping to the online world, stringent laws will ensure their trust in e-commerce. By Harsimran Julka It’s not a hidden fact that foreign investors who have backed India’s online marketplaces are aware of the problem of fake products listed on their investee portals. But it’s not widely known that by turning a blind...

COMMENT: How robots, chatbots will change the way you handle your money

The future of payments will be like a sci-fi movie where NFC and facial recognition will enable payments. Currency notes will become a thing of the past, branches will become lesser even as robot advisors, virtual assistants and chatbots will be your new banker, wealth advisor and cashier. By Harsimran Julka Am inside the Bombay Stock Exchange chatting on the future...

Paytm deal puts Softbank’s Son on course to become king of Indian e-commerce

Softbank's USD 1.4 billion investment for a 20% stake in Paytm could open a plethora of opportunities for the Noida-headquartered mobile payments and commerce company. By Harsimran Julka We were meeting with Balvinder Singh Arora, Assistant Vice President-Operations at Paytm, in central Delhi on Thursday. At the same time, a few kilometres away at the Noida office of Paytm, Japan’s richest man...

Here are 10 ways to become a better salesman

By Harsimran Julka While working in Singapore with India’s largest software outsourcing company Tata Consultancy Services, Shankar G discovered that there was no proper mechanism that rookie sales executives in the tech industry followed to qualify leads. The sales executives would often pursue unqualified leads, missing out on those that might clinch deals worth hundreds of millions of dollars for companies....

An Uber ride during Diwali and what I learnt about apps that can’t be used by millions

By Harsimran Julka This is Diwali season in India – the festival of lights, gifts, and joy, when migrants from all over come back home. And I am in an Uber cab in Delhi. The person I am pooling with is wearing sunglasses. It’s about nine in the night. He is talking to someone on his mobile phone, consoling her, saying...

Escaped from death, Uber’s CTO unites with his refugee boat captain after nearly four decades

By Harsimran Julka There are seldom some stories that have a profound impact on people or their tumultuous past. This story — From fleeing Vietnam in a refugee boat to becoming Uber’s CTO: the journey of Thuan Pham — on Tech in Asia ended up this month uniting the refugee boat’s captain and his passenger — about 38 years after they left the war ravaged shores of Vietnam on...

Oyo vs Zo Rooms: A forced startup marriage is never a happy one, VC should learn

By Harsimran Julka  It was an office in Delhi’s dusty Okhla industrial area with walls painted in graffiti and a few employees dozing off in the nap room. It was in 2015 that I visited the Zo Rooms office. I was called by their spokesperson after a story I filed based upon court documents where Oyo had sued Zostel for...

If It Doesn’t Suck, It’s Not Worth Doing

YOUR SUCCESS MANTRA FOR 2018. According to psychological research, the anticipation of an event is almost always more emotionally powerful than the event itself. The dread of asking your boss for a raise is paralyzing and can last months. Yet, once you get yourself to finally do it, it’s over before you know it. The excitement of attaining some object or objective can become obsessive. Yet, shortly...

How I learned to stop worrying about my sales funnel (and embraced the unpredictable)

You or I could go to any marketing conference, anywhere in the world, and we’d hear about sales funnels. How to build them, how to measure every inch of them, how to use the data we’ve squeezed out of them to surge our way to success. Sales funnels are seen as a fundamental marketing tactic; if we don’t use them, we’re missing...

3 Skills You Need To Master In The First Year Of Your Startup.

The first year of a startup school shouldn’t be seen as make or break. So many startups just look at the prize in the distance, and begin the wacky races like sprint to the finish. Forget it. Just look at Dick Dastardly. Always plying for the shortcut, but never winning the race. Maybe had he spent more time becoming a better driver, and...

If You Don’t Eliminate This Habit, You Will Never Grow

I had to stop doing this to finally start being consistent. “Victorious warriors win first and then go to war, while defeated warriors go to war first and then seek to win.” — Sun Tzu For many years I had a problem that I did not even know about. It hampered me in countless situations. It cropped up often enough to derail any progress...