Bala KamallakharanpostedThe surest route to success is to be the cockroaches of the corporate world. The immediate cause of death in a startup is always running out of money. So the cheaper your company is to operate, the harder it is to kill. - Paul Graham, yes, the alarm bells are starting to ring. More on being scrappy and hustle in the blog post. http://startupiceland.com/2014/09/28/winter-is-coming/
PaxcelpostedDrutas is an innovative agile product development tool, which uses the power of Google Apps as PaaS cloud. Built over Google Apps, Drutas makes it super easy for all stakeholders to capture ideas, bugs, feature requests, to collaborate effectively with discussion threads, comments, chats, video hangouts, to plan releases, sprints with innovative prioritization and release planning and to build release with distributed task management system and integrated bug tracking.
Have you ever wondered what successful entrepreneurs learn from world-leading startup accelerator programs?
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Bala KamallakharanpostedWe have officially launched the Reykjavik Chapter of Founders Institute. Here is the taste of the program and the type of mentors who will participate. Phil Libin, the CEO of Evernote is speaking about the 6 question for every startup founder needs to ask, this talk was delivered as part of the Founders Showcase event hosted by the Founders Institute. Apply and/or attend the event this thursday September 18th at Cafe Solon at 5:30pm http://startupiceland.com/2014/09/15/fi-rvk-chapter-launched-and-6-questions-for-every-startup-founder/
Bala KamallakharanpostedBeing able to sell is an important skill for an entrepreneur. Do you have a sales methodology like Scrum for your startup? you don't? here are some ideas on how to build one. http://startupiceland.com/2014/09/12/scrum-for-sales/
At only 8mm thin, and weighing in at less than 400g, the 2015 IKEA Catalogue comes pre-installed with thousands of home furnishing ideas. Join the revolution at http://IKEA.sg/bookbook (Singapore) or http://IKEA.my/bookbook (Malaysia).
Available in the IKEA store from 8 Sept (Malaysia) and 18 Sept (Singapore).
Bala KamallakharanpostedIt is easy to say build a rapid prototype, but actually being able to do that is the important part. I wanted to follow up my post with actual methods, hacks and process that enables anyone to build a culture of design thinking and rapid prototyping to build great products and services, that is way great startups or companies are built http://startupiceland.com/2014/09/07/advice-is-cheap/
Bala KamallakharanpostedWhen you are trying to figure out your Product to Market fit, focus on rapid prototyping don't waste time on figuring out the supply chain and talking about distribution channels etc. Time is the most valuable resource you have as an entrepreneur. I see so many startup founders focusing on the wrong things and wasting time. You need to stop that. Check out the story of CarsDirect.com narrated by Bill Gross http://startupiceland.com/2014/09/05/time-is-your-most-valuable-resource/
Bala KamallakharanpostedToo often, companies and individuals assume that creativity and innovation are the domain of the “creative types.” Creativity and innovation are both ingredients in Entrepreneurship and Startups, I believe anyone can do this, but must be willing to make the sacrifices. IMHO this is the only argument against a Basic Income Guarantee, read more to find out what I mean by this. http://startupiceland.com/2014/09/02/a-case-against-basic-income-guarantee/
Bala KamallakharanpostedStartup Reykjavik Investor Day was a blast, I believe all the teams are investible... there I said it, what we really need to be doing in Iceland is writing $50k to $100k checks for each of these teams and see the magic happen. Read more for why I believe that picking winners is a fools game. http://startupiceland.com/2014/09/01/startup-reykjavik-investor-day-2014/