Posted in Community :
Venture Capital in Technology Startups
|
|
||
|
Source : http://www.pluggd.in
Activity:
4 comments
359 views
last activity : 07 06 2010 20:18:04 +0000
|
||
|
|
Here are few tips one should keep in check while starting up a start up.
Money Saving Tips
- Don’t buy a phone system. No one will use it - instead reimburse mobile bills (saves tax)
- Don’t buy everyone Microsoft Office–it’s too much money. Put Office on three or four common computers and use google apps
- Don’t waste money on recruiters.
- Buy cheap tables and expensive chairs.
Productivity Tips
- Fire people who don’t love their work.
- Buy your hardest working folks computers for home (better still, give them a laptop).
- Buy everyone lunch four days a week and establish a no-meetings policy. Going out for food or ordering in takes at least 20-60 minutes more than walking up to the buffet and eating. If you do meetings over lunch you also save that time. So, 30 minutes a day across say four days a week is two hours a week… which is 100 hours a year. You get the idea.
- Outsource accounting and HR—such a no brainer
- Get an expensive, automatic espresso machine at the office.
- Allow folks to work off hours (as well as from home). Commuting sucks and is a waste of time for everyone.
Well, most of the Indian startups that run on Google Apps and rely heavily on freebies, i.e. -
- OSS (LAMP), CMS tools (Joomla/Drupal) for development.
- Skype for communication.
- Meeting with vendors/prospective partners at CCDs (Cafe Coffee Day) instead of posh restaurants.
Few more points to be added
- Start a blog - an active one and try to get close to the community. If you do a good job, you will never need a PR firm.
- Use events like Barcamps to meet prospective customers/employees, and of course to promote your product (in a subtle manner)
- Never ever hire a HR person or advertise in any newspaper
TrackBack URL:
4 comments on "Tips for Indian Startup"
Sort by:
Most Recent
Top Rated
Commented by
varsha mishra, Analytical Chemistry Manager, rfrac
| 10 25 2008 18:02:51 +0000
Report Abuse
Not Rated
Commented by
varsha mishra, technical Manager, rfrac
| 10 02 2008 17:19:13 +0000
Report Abuse
Not Rated
Commented by
Anand Narendra, Tech Architect, AN
| 04 27 2008 21:43:31 +0000
Report Abuse
Not Rated
Commented by
Ashutosh Kumar Srivastava, Team Lead, Wipro
| 04 23 2008 02:25:47 +0000
Report Abuse
Not Rated
Found the article
"Tips for Indian Startup"
interesting ?
Share with your connections and communities

Part of Randstad, the world’s second largest HR services company
- Create a confidential Career Profile and Resume/C.V. online
- Get advice for planning their career and for marketing of experience and skills
- Maximize awareness of and access to the best career opportunities
Viewers also viewed
|
|
|
|
|
|
Recent Knowledge (92)
|
|
|
|
Sponsored Jobs
More From Author
I totally agree with Sumitra here and the companies should first decide whethere their policy is open to embracing the technology or closed to it. And it should make certain adjustment to its policies and the policy should apply to everyone in the... |
Just go to this link you will find how to do it http://www.zamzar.com/ hope this helps.......... |
No entrepreneur don't need MBA, only experience in the relevant field is more than enough to start a start up and MBA as every body say its mandatory to do, thats not the case, there are so many people in the country who even without basic education... |