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Roll Your Own Startup


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Some things people should think about before and during the startup phase.

Published in: Business
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Roll Your Own Startup

  1. 1. Roll Your Own Startup BarCamp Delhi 28th of February 2009 Pankaj Jain Mitesh Ashar Email: / Twitter: @pjain / @iMBA Saturday, February 28, 2009
  2. 2. The Lone Ranger Don’t be the Lone Ranger Find yourself a Tanto (preferably a small posse) Three’s Company, not a crowd! Everyone needs a boss Saturday, February 28, 2009
  3. 3. Corporate Govern- what!?!?!?!? It’s called “Corporate Governance” Remember Enron, WorldCom and Satyam Don’t be a Raju! Think about how your company should be run Make it into a policy (think - BP for VC) Saturday, February 28, 2009
  4. 4. Damn Lawyers Find a good lawyer! Incorporate your company (LLP, Private Limited) Draft the policies around corporate governance Saturday, February 28, 2009
  5. 5. I Hate Accounting! Get a good CPA/CA Understand taxes Understand expenses - really really well! Manage expenses even better!!!! Saturday, February 28, 2009
  6. 6. I Don’t Know How To Sell Learn to sell! Sell everyday! Sell yourself along with your business Manage the sales process (spreadsheet, CRM,, whatever!) Saturday, February 28, 2009
  7. 7. Equity Think about equity vesting Vesting for yourself, other founders, employees, etc. Equity Options (ESOPs) What percentage of the company will be set aside for employee options What will the vesting period be Saturday, February 28, 2009
  8. 8. HeadStart Foundation Share the pain Find like minded individuals (co founders?) Collaborate Building an Indian Startup Ecosystem Focused on early stage tech startups but looking to expand our horizons Saturday, February 28, 2009
  9. 9. Startup Saturday Bring entrepreneurs together to share experiences and learn from each other Consistent meets - get to know each other in smaller settings and build relationships Learn from each other Showcase your products and/or services Bangalore, Calcutta, Delhi, Hyderabad, Mumbai Second Saturday of each month Saturday, February 28, 2009
  10. 10. Online Google Group: headstart-network Saturday, February 28, 2009