Archive for August 2008

 
 

The Indian Version of Hacker News

All you Indian hackers and startuppers out there, are you tired of trying to find a community where you could be yourself? Are you tired of keeping track of all the bewildering number of developments in the startup scene in India? Do you have the word “entrepreneur” written all over the place?

Well, enough. I’m proud to announce the Indian Version of Hacker News at http://news.startuplogic.com/. I hope this place can blossom into a healthy community and for that I would require your help.

All those who feel strongly about this thing, help the community by:

  • Tweeting about it
  • Writing a short and sweet blog post about it
  • Finally, being active on the community

Hope to see you there soon!

Startup 101

The best article ever on basics of founding a startup. The article highlights all the legal things you have to be involved in if you are serious about your business idea and not just hallucinating. Fundamentals of startup financing is also there. Surely, a must read!

Will MyJugaad.in be worth $6.3 million in 3 years?

YooNoodle Startup Predicter tells that MyJugaad.in will be worth $6.3 million in 3 years. Let’s see if it really turns out to be the case.

Here is the official certificate of future valuation of MyJugaad.in from YouNoodle.

A New Internet on the Anvil?

[Note: The following is a guest post written by Heather Johnson exclusively for this blog. If you too want to write a guest post, you are most welcome. Contact me at paras@paraschopra.com]

In today’s scenario, is it possible to even think for a moment about life without the Internet? The web as we know it has evolved tremendously over the past 15 years to be used for purposes beyond sending email and its popularity has spread to every nook and corner of the globe. But has progress truly been made, especially in the way that it should have been?

Researchers across the world seem to believe a better and more secure form of networking is the need of the hour, an attitude that’s risen because of the mayhem the Internet has been known to cause. What with child pornography, spam, malicious software like viruses and worms, identity theft and every other con that the human mind is capable of dreaming up perpetrating the net and making it unsafe for children and unsuspecting adults, new technology research is being focused on creating a safer and more secure Internet.

Years after the inception of Arpanet and the birth of the Internet we know today, two projects that hope to build a new network sans the dangers of the current one are underway, GENI or Global Environment for Network Innovations being the brainchild of scientists in the United States and Future and Internet Research or FIRE initiated by the European Union. While both endeavors are still in their infancy, questions are already being raised about their effectiveness – will the huge sums of money being poured into these projects be justified? Will the new network retain all the advantages of the Internet as we know it even as it somehow finds a way to block all forms of malicious and illegal activities?

Even if such a network is conceived and given birth to, how long will it take for the conmen of the world to find alternative methods of scams and frauds? How long will the safety net cast by the researchers hold against the efforts of people determined to make a fast buck the wrong way?

If there is no foolproof way to safeguard this Internet and to manage it more effectively, what is the guarantee that the new network will hold out against the onslaught from men who are savvy enough to take advantage of the gullibility of ordinary folks? Let’s face it, the current crop of Internet issues are mostly related to people’s ignorance of safe surfing practices. They leave their networks open, they store passwords within easy reach of crooks, they do not protect their systems from malicious software and they are careless about the way they bank online. They open messages from strangers and click links that they should not trust, they provide information when asked because the email seems official, and they part with their personal information and credit card numbers at the drop of a hat.

The Internet will be a less profitable hunting ground for crooks if only people were more aware of the things that could go wrong and take appropriate security measures. Until then, there’s no doubt that no network is strong enough to hold fort against the attack that crooks will launch, especially when they know that folks are still gullible enough to be conned out of their money.

Information:

This article is contributed by Heather Johnson, who regularly writes on dial up Internet service. She invites your questions and writing job opportunities at her personal email address: heatherjohnson2323 at gmail dot com.

How to Start an Online Business

I am releasing the guide titled ‘How to Start an Online Business: 11,520 Free Resources for the Internet Entrepreneur‘ for free.

This 40 page guide is a massive (11,520 to be precise) compilation of free to access resources on how to start an online business. These internet resources take the form of tips, tricks, tools, techniques, advice, tutorials, tests, blog posts, articles and guides.

The guide takes you through different phases of starting an online business, right from generating a business idea to implementing and marketing it and later growing your business. To best of my author’s knowledge, no other guide contains such a huge list of resources and is so comprehensive that everyone (from newbies to professionals) is going to find something useful in it.

Click here to get more details and to download it.

For Entrepreneurs: Why and How to Network?

Every successful (or even unsuccessful) entrepreneur says that number one priority for people like him should to be network like mad. In fact, at a recent event Proto.in, I actually saw this in practice.

So why do entrepreneurs network so vigorously? Well, some studies show that 70% of the deals funded come through referrals. Some VCs even insist that all the business plans that come to them directly (through email) usually end up going to either spam or trash folder. Neither folder is a good destination. So moral of the story is: if you *ever* want to get venture funding in your life make sure you know a couple of people who know VCs. And what better way to know these people except going to conferences, having a chat and then exchanging business cards with them.

But it doesn’t just end here. Come on, now admit that of all business cards you have, how many people you actually know and how many would you like to refer to somebody in future. Chances are that the number is zero. In India, people just dole out their business cards at every opportunity possible (even I do that!). I wonder if they have business cards left while grabbing a pan, they might even end up giving a card to the panwalla. With this deluge of business cards pouring in to the person you want to network with, how do you make sure that he actually remembers you?

The answer is two-fold: have a non-standard card which stands out of the bunch and follow up with the person honestly. Following up is much important than having an oval shaped magenta colored card. After you hand over your card to someone, graciously ask for her card. And then after 1-2 days, email her saying that you enjoyed meeting her and then end the email with a broad question. This will force her to reply so that you can continue with the conversation for weeks to come and form a strong relationship.

And even generally, if you come across someone’s homepage who is interesting, just shoot him (for example, me) a mail and form a connection. Trust me, this would really, really help you in long term.

For people who are experts in networking, can they share tips and tricks of the trade?

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