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Celebrating Failure!


    Saturn
        2005
I am..
MD at Digicat Digital Marketing Pvt Ltd (2010)
Host at Coral –Networking Dinner (2011)
Proprietor at www.i2cook.com (i2cook - 2013)


Work Ex: 14 years
Entrepreneurial attempts: 3 (full time)


Job Status: full time in pursuit of hapiness....
My Big Idea that failed & why..
                             saturn
Produce, package and sell packaged tender coconut water.

Time spent to create Saturn: 6 months
Roi:     1 Year
Markets: Global , FMCG leaders have shown interest !
Production and Technology:   Imported from Germany and ratified
                             by CFTRI.



• Why did it fail?
  Not enough coconuts!
What I learned from that failure..
•   Learnings
    A fundamental research miss can take away 6 months of your
    life!


•   Did it help start something else?
    YES! I have started i2cook.com (A 100% organic Store)


•   What changes did you bring about in your business
    strategies?
    Look for the basics – Raw Material, Labour and Seasonality!
Where I am today...

• Whats your new Big Idea?
        www.I2cook.com
        www.I2cook.com | The 100% organic store

• What stage are you at?
• Created the website @i2cook.com in Feb 2013
• We have added 72 products on the website targetting 200
  products by end of Summer.
• We should have courier logistics in place by April to
  cover India and payment gateway by May.
• 28% conversion rate of unique visitors currently.
• We have broken even but will sustain profits only by June
  2013.
You can reach me on..

• pawan@i2cook.com
• 9833200711
• www.i2cook.com

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Celebrating failure pawan deokule

  • 1. Celebrating Failure! Saturn 2005
  • 2. I am.. MD at Digicat Digital Marketing Pvt Ltd (2010) Host at Coral –Networking Dinner (2011) Proprietor at www.i2cook.com (i2cook - 2013) Work Ex: 14 years Entrepreneurial attempts: 3 (full time) Job Status: full time in pursuit of hapiness....
  • 3. My Big Idea that failed & why.. saturn Produce, package and sell packaged tender coconut water. Time spent to create Saturn: 6 months Roi: 1 Year Markets: Global , FMCG leaders have shown interest ! Production and Technology: Imported from Germany and ratified by CFTRI. • Why did it fail? Not enough coconuts!
  • 4. What I learned from that failure.. • Learnings A fundamental research miss can take away 6 months of your life! • Did it help start something else? YES! I have started i2cook.com (A 100% organic Store) • What changes did you bring about in your business strategies? Look for the basics – Raw Material, Labour and Seasonality!
  • 5. Where I am today... • Whats your new Big Idea? www.I2cook.com www.I2cook.com | The 100% organic store • What stage are you at? • Created the website @i2cook.com in Feb 2013 • We have added 72 products on the website targetting 200 products by end of Summer. • We should have courier logistics in place by April to cover India and payment gateway by May. • 28% conversion rate of unique visitors currently. • We have broken even but will sustain profits only by June 2013.
  • 6. You can reach me on.. • pawan@i2cook.com • 9833200711 • www.i2cook.com