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During today's roundtable, we opened the session with a discussion of the existential crisis in media and how talented bloggers and journalists are facing a tough time sustaining themselves due to lack of businessmodels. From 2008 to 2010, Mitra was a columnist for Forbes. Photo by 7rains. Discuss.
The company already has paying customers and a validated businessmodel. Outsourcing is spreading at a frantic pace today with a global footprint and players like oDesk and eLance have made it very easy for companies to connect with outsourcing vendors. You can read more about Freshdesk on the 1M/1M Incubation Radar today.
Her upcoming campaign of reaching out to 100,000 moms will be one of the first concerted efforts to actually test her businessmodel. These roundtables are the cornerstone programming of a global initiative that I have started called One Million by One Million ( 1M/1M ). She wants to sell these products on her site.
In addition, I asked him to do a competitive analysis on the pricing models of the various mobile app platforms and come back to me with both sets of market data, namely, customer research and competitive analysis. We can derive GeoInvenio's businessmodel and pricing model based on that. Discuss.
Today, the telecom industry charges customers based on fixed price businessmodels for data services. These roundtables are the cornerstone programming of a global initiative that I have started called One Million by One Million ( 1M/1M ). I started doing my free Online Strategy Roundtables for entrepreneurs in the fall of 2008.
Many online businessmodels would be eviscerated by laws like SOPA that seek to essentially deputize private companies as agents of content owners and law enforcement agencies, coerced into policing their own users (customers) at great cost in both dollars and resources. Healthcare Reform. Yes, really.
Nir is contemplating various different businessmodels and channel options, all the way from Freemium B-to-C to white labeling the solution for universities and colleges. I advised him to focus on the for-profit colleges and business schools in India and sell them a white label solution, hence a B-to-B businessmodel.
And EVEN if you ARE an experienced entrepreneur, all but just a few VCs still want to see customer validation, businessmodel validation and traction, before they will invest. These roundtables are the cornerstone programming of a global initiative that I have started called One Million by One Million ( 1M/1M ).
While there may be initial grants that launch businesses and get them off the ground, philosophically, we believe that a model of self-sustaining development is the key to a stable global economic system. The business idea was not very well fleshed out, and needs a lot of work still.
Let me remind you again: 1M/1M aims to reduce infant entrepreneur mortality: 600,000 companies go out of business every year in the United States. Globally, this is a much larger number. The crux of the discussion revolved around segmentation and businessmodels. All first-time entrepreneurs, arguably, are amateurs.
As for businessmodel, Jigar wants to sell services like refilling cards. Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, an educational, business development and incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond.
Additional work in figuring out the precise go-to-market consumer, academic institution, or enterprise - each is a different business), and consequent businessmodel and pricing model will help enhance the company's valuation. My assessment is that this is a good company that should be able to raise money at this point.
While the basic premise is compelling, and I am very interested in entrepreneurship opportunities in this area, the businessmodel is flawed. She has a master's degree in electrical engineering and computer science from the Massachusetts Institute of Technology. From 2008 to 2010, Mitra was a columnist for Forbes. Discuss.
I detected a major flaw in Kiran's businessmodel assumption. She has a master's degree in electrical engineering and computer science from the Massachusetts Institute of Technology. Kiran is trying to bring transparency to the industry that currently has some awkward behavior like admission in exchange for donations!
The Social Enterprise Alliance offers this definition: “In its early days, the social enterprise movement was identified mainly with nonprofits that used businessmodels and earned income strategies to pursue their mission. In terms of legal structure, social enterprises have many options. Maryland was the first U.S.
Please remember, free is not a businessmodel. a healthcare IT business for managing compliance requirements for pharmaceutical and medical device companies, recording transactions that involve payments to physicians. The Free Rider Problem. Also, Michaeline Daboul, from New Hampshire, pitched MMIS Inc. , Discuss.
make so little use of the affiliate businessmodel for monetization purposes? Please use the comments below to give your thoughts and analyses on why you think Twitter is not using the affiliate businessmodel to monetize its immense traffic. This is a question I would like to address to you guys as well. Photo by ilco.
Soren Harrison, from Boston, Massachusetts, presented SolSolution , a solar electricity venture whereby his company places solar panels on the roofs of schools, generates electricity, sells it to the schools, as well as back to the grid, and takes advantage of the federal rebates, incentives, etc. SolSolution. Who funds the solar panels?
They make a lot of money, and nothing in Anuj's businessmodel convinced me that these people have any interest or incentive to go around teaching, especially in rural India. These roundtables are the cornerstone programming of a global initiative that I have started called One Million by One Million ( 1M/1M ).
In our Business Incubator series of interviews, we have invited many leaders from the industry to come share their best practices and challenges with us. We have also facilitated open discussions on Why Do Business Incubators Fail and Incubator BusinessModels , which turned out to be animated, active and extremely constructive discussions.
The business is very different in London, and my feedback was that investors want a repeatable businessmodel. For that to happen, he needs to show investors how his India model scales, without introducing a random London factor in the business. Ashish wants to raise money and scale rapidly. Discuss.
The businessmodel Adarsh is proposing is a per lead compensation structure, which seems perfectly reasonable. However, the business is at a pure concept stage and most of the details are yet to be fleshed out. She is a Silicon Valley entrepreneur and strategy consultant. From 2008 to 2010, Mitra was a columnist for Forbes.
Nifty idea, but the businessmodel is predicated upon selling merchandise that is curated from affiliate networks like Commission Junction. My question was around the size of the catalog that can be pulled together that will render affiliate commissions and will meet quality standards of this business. Discuss.
Persistent is breaking out of the mold of labor arbitrage, and looking at new and exciting businessmodels. My friend Tony Scott did an outstanding interview with Anand Deshpande , their CEO recently in which Anand discussed his vision for where he wants to take the OPD business. Photo by nosheep. Discuss.
Irit, however, needs to think through some of the details of the businessmodel, pricing model, and positioning. She has a master's degree in electrical engineering and computer science from the Massachusetts Institute of Technology. I like the concept, and there is already a prototype and a pilot case with an advertiser.
Facebook and Google would be obvious choices for this, but so much has been written about each of them and they represent such special businessmodels, I worried that it would be both hard for entrepreneurs to relate and hard for me to develop new insights. The first one I’ll focus on is Akamai. Akamai: The Present. Founding Akamai.
Overall, nonventure-backed companies fail more often than venture-backed companies in the first four years of existence, typically because they dont have the capital to keep going if the businessmodel doesnt work, Harvards Mr. Ghosh says. Globaloney: Globalization Challenged. Massachusetts. Massachusetts.
The mom-and-pop business became an instant success and its annual sales continued to skyrocket each year. In 2000, global giant Unilever bought out Ben & Jerry’s for about $326 million in order to eliminate competition with the corporation’s brands, Breyer’s and Good Humor.
On the topic of businessmodels, Spencer proposed building traffic and then selling the company, which I pushed back on. We spent considerable time exploring ways to verticalize the app and creating an ad-supported businessmodel instead, which would also broaden his exit options considerably. Discuss.
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