2. Take up one idea, make that one idea your
life; think of it, dream of it, live on that idea.
Let the brain, muscles, nerves, every part of
your body, be full of that idea, and just leave
every other idea alone. This is the way to
success.
-Swami Vivekananda
Green Acre, USA
1894
!2
13. Idea
“Good for Ego or Good for Business - Aditya
Ghosh, IndiGo
Tools of Self Expression
Micro Universe Focussed
Shareable/Embeddable
14. Team
“Know the members by skills not by name - Venky
Mysore, KKR
Demarcate friendship and professionalism
Staggered Equity (5=>33% else 10%)
Respect
Emotions drive action and actions drive decisions
15. Money
Start Fast, Fail Fast; try till you succeed -
Richard Harshman, Amazon
Seed Funding?? Accelerator?? Incubator??
16. Research & Planning
“Imagine a football ground without the goal
posts. Scenario of a company which doesn’t
plans - Venky Mysore, KKR
Have a mission that matters. Solve a problem!
Never ending process and the crux of a
startup!
19. Plan
“Never develop a product; you yourself don’t
wish to use or pay for…
SRS Document
Short Term and Long Term Plan
“Sarpa Drishti” and “Garuda Drishti”
22. Technology Stack
“Learning a programming language; doesn’t makes
a difference but what you create with it?
Let the need dictate the choice!
Speed
Performance
Scalability
26. Launch
Launch the product with bare-minimum features then
keep on adding/removing based on feedback
Launch the product quickly; helpful for supercharging
the team
Initial focus on users and traffic volume
Invite-only Beta
Ghost and Discourse
27. Testing & Debugging
Test beyond use-case
Don’t make user think
Refine & Iterate
Solicit User Feedback
33. Single Slide Case Study
Logic: Status = 200 then UP else DOWN
Python’s Flask Framework, MongoDB and
AngularJS
PhoneGap for Android App
Template Blunder
Major Bugs
34. How to succeed?
Love criticism
Look at the bigger picture
Avoid negative approach syndrome
Never jump on incidental success