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Topic : How startups can beat recession?
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Tough times are good times for entrepreneurs by Subrata Mitra, Partner, Accel India

Tough times are good times for entrepreneurs

By : Subrata Mitra, Partner, Accel India
Industry : Hedge Funds/VCs/Private Equity Functional Area : VC funding
Keywords :

entrepreneurs

venture capital

startup

vc

start up

vc perspective

startup during recession

Activity:  4 comments  486 views  last activity : 07 06 2010 20:18:04 +0000
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I recently participated in an ET panel discussion. The slides are attached below.

 

Some recommendation to entrepreneurs

  • Hard to predict when markets would be getting better
  • Cut down burn to the extent possible
  • Try to get to profitability asap
  • Don’t spend ahead of market to try and get market-share
  • Great time to understand need & build value into products and services, without overspending on sales & marketing
  • Make sure you’re in it for the right reasons; not for a quick exit, esp, with India still being very early in many ways
 Top Comment : Joe Gonsalves   | 04 08 2009 15:51:37 +0000
Very nice.. this will help all startup's in building a strong organisatioin down the line..Thanx for the inputs and info shared..
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4 comments on "Tough times are good times for entrepreneurs"
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  Commented by  Ameya Nisal, Freelancer, Freelancer    | 08 15 2009 19:14:58 +0000 
Very nice suggestions. Indeed needed for the startups!
  Commented by  Padmanabhan R, Finance student    | 07 05 2009 06:00:21 +0000 
Very informative sir, thanks
  Commented by  Joe Gonsalves, Head/VP/GM-Recruitment, Jinius Technologies Pvt ltd    | 04 08 2009 15:51:37 +0000
Rating : +1  
Very nice.. this will help all startup's in building a strong organisatioin down the line..Thanx for the inputs and info shared..
  Commented by  Deepak Tripathi, Portfolio Manager, Sun Group    | 02 17 2009 06:18:16 +0000
Rating : +1  
A very good slide on what to and what not to do in this situation.....Good one!!!
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