According to Gartner, global IT spending is poised to hit $3.8 trillion by 2014. But how much of it should come from your startup? Big corporate giants have massive IT budgets that help them upgrade and keep up with the latest cutting-edge technology that gives the company a competitive edge and enhances productivity. Startups, sadly enough, often have very little or nothing in terms of an IT budget.
Even so, a new startup still in the conceptual stage has to come up with a business plan that clearly maps out how much the company can afford to spend on hardware to be used as IT infrastructure and to keep employees connected.
In terms of the company’s IT infrastructure, make sure to come up with a system and components that are scalable and will not cause disruptions through down time. Getting a high-end wi-fi router may be a lot more affordable in the end than buying a cheap one that keeps dropping the uplink to your ISP and slows down you work.
I was doing some research and made a list of the Y Combinator Startups (2013 Summer). Perhaps, you might find it useful.
Here is a detailed spreadsheet with information such as titles, website, Crunchbase profile, tagline, founder(s), location, funding and investors. Feel free to contribute/edit. These are all public information and personal details of the founders (Linkedin, emails) were removed.
Many people tend to think that freelancing is easy-peasy, that they will just fling their resignation letter into their boss’ faces one day with a dramatic monologue to accompany it and ride off into the sunset where the land of milk and honey awaits.
Reality couldn’t be more different. Freelancing is a tough career to break into and quitting your job to freelance full-time is a surefire way to the poorhouse. The smart way to begin working as a freelancer is to quietly stick to your day job and begin on the side. Usually it takes a while before you can earn enough money to dramatically resign from your day job.
Yes, for those Startup Entrepreneurs, who cannot fly around the world with their kids, who cannot hire nannies at lavish hotels, and for those who do not have superhero, super-dad, super-mom tricks up their sleeves.
Being a Startup Founder and a parent; while seemingly dissimilar, both require a great deal of time, skill and dedication in order to be successful. It may sound like a daunting task, but is possible to run your startup while still maintaining a good relationship with your children.
Founding a startup can be an exciting and rewarding endeavor, but it is also a time consuming process. In order to accomplish your goals while still maintaining a healthy home life, it is important to manage your time wisely. It is easy to get caught up in the stress and excitement of your startup and neglect your family. By the same token, the commotion of a busy family life can cause you to neglect your startup. A healthy balance between work and family is absolutely necessary to running a successful startup while still being a good parent to your children.
Many have written and advocated on effective time management and routines to help you be a super-parent and a hustling Startup Founder. As a Startup Founder, you have to find your ‘style’ of time management and (un)routine to be omni-present for your startup and your family.
I hope, some day I can do a sane article about LxiDD but for now, let’s be content with the fact that this is my latest work. I started LxiDD this January (2013) and we ‘released’ our first version in February.
By March, we got our first three customers and we sorta became ramen profitable by April. We’re hard at work to have a gradual curve to our revenue trajectory and we’re very confident that by end of this year, 2013, LxiDD will be a profitable company.
We have a very small and nimble team, working for the good of our ever growing network of designers and developers.
LxiDD is a curated network of the best indie designers, developers, and creatives on the web, with exclusive access to top shelf clients looking for the best talent.
We’re looking for good web developers with 2+ years of professional web development experience. Developers willing to experiment, not afraid to make mistakes and learn from it. Developers who have in-depth experience with one or more of the following programming languages – Python, Ruby, Clojure, Scala, etc.
Of course, we are looking for developers who do not need to be ‘managed’ or hand-hold on what needs to be done, not afraid to voice their concerns with the team, willing to give advice when needed and listen to suggestions for the right cause.
Yes, as expected Iron Man 3 was an awesome movie. The movie opens as a narrative by Tony Stark to Dr. Bruce Banner, a story that started way before Tony Stark became Iron Man. I won’t be talking about the movie, I’ll let you enjoy that at a theatre near you.
So, after the Avengers event in New York, Tony became obsessive and began prototyping lots of Iron Man suits. He moves on to another model and never have ‘the one’ perfect Iron Man suit.
Through-out the movie, you’ll see that lots of Iron Man suits were used, almost all disposable and another one always ready. None of the suits were the perfect one. Even his latest best, the Mark 42 had to be done away with, serving its purpose in the finale fight.
As a Startup Entrepreneur, be ready to build lots of prototypes, never get stuck to a single idea, move on to the next until you can get better and better with your product. Be obsess about your product, build it, re-build it, break it and then build it again. Once you have something, bring them to the battle to fight – open them to public in the real world.
India is on a 48 hour stand-still with the ‘India Bandh’ called by the All Trade Union. They are protesting against privatization, outsourcing, violation of labour laws, price rise and several other burning issues of the country, trade unions of banking, insurance, public sector undertakings, transporters and unorganized sectors.
Nope, I’m going to write about the India Bandh (general strike) but more of a personal experience with Olacabs – an Indian Startup with over $8M in Series A fund.
With our new office setup in Indiranagar, Bangalore, everyday is an excitement being in the office – working, playing and being with the team. Yesterday, with the Bandh announced, I was looking for alternatives to my usual travel medium, the Auto rickshaw aka the Tuk-Tuk.
As luck would have it, Twitter was abuzz with tweets that Olacabs will take special measure to have their cabs available to help the general public, with an added advantage of slashing their fares to that of the auto-rickshaw. All the problem solved! Moreover, I’ve been looking forward to trying their iOS app, use it and write a nice review about them (what an irony). I was hoping that Olacabs will be the Uber of India.
Today Morning, with all hopes and enthusiasm, I got up and was ready for office. I even confirmed a candidate for an Interview for one of our job openings. I fired up the Ola App, and ‘booked’ a cab. Olacabs confirmed by Booking and was assigned a ‘CRN’ Number – 1765782 and the cab will pick me at 10am.
Got dressed, bags shouldered but by 10:10am, with no sign of Olacabs, I called up their Customer Support. The voice on the other end wailed “Ola” multiple times and I even got to know that Ola means ‘Hello’ in Spanish. A ‘Subhalakshmi’ picked up the phone after about 3 minutes and she was pretty blunt, wasn’t really listening to me or she could not understand what I was asking. I had to ask her if she really speaks English. I asked for something and she blurted out something else. Of course, I got the fact that my cab was cancelled and they were ‘no longer servicing in my area.’
I will say don’t get too excited by @olacabs offer. Today I booked an ola cab,got the booking id,called the driver who said he can’t come!
Well, looks like Olacabs did something without proper planning and their PR Stunt is just that – a PR Stunt. Yes, I’ll try them again, give them another chance but today was such a bad User Experience that I won’t expect much from them. They are just another service company with a Spanish name and like every other taxi company, will not try to provide a good user experience and differentiate from the lot.
Aug 30, 2013:Uber launches in India. Sign-up and get Rs. 600 off your first ride.
Not a To-Do list. Not an agenda for your life’s routine.
Something, which you usually have in your mind, the list of things you would love to do in your life. Be it – learning to sky-dive, go on that dream vacation, visit that exotic island, spend few undisturbed weeks in a less-trodden place – would it not be nice to be able do them before you kick the bucket.
Go ahead, start your OneBucketList and list what you want to do in your life. OneBucketList will help you maintain that list and get out of the way for you to act on them.
Startup Baba is simple newsletter where we highlight some of the interesting, crazy and fun stories from the world of startup and entrepreneurship. Every newsletter consists of about five curated links and a short excerpt about the stories. We also try to include links to tools and utilities which will be useful for design and development of your product.
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