Sixth Sense Technology – Suggest you don’t miss this

When this video started and I heard this guy speak, I was like, he speaks funny. But a few minutes through the video, I was belittled by the kind of things this guy had done in his life and made me wonder how much he had contributed not only to technology but to mankind on the whole. This is one person we are talking about who has literally altered the life of 6 billion people and all the future generations.

Pranav Mistry, is a PhD student in the Fluid Interfaces Group at MIT’s Media Lab. Before his studies at MIT, he worked with Microsoft as a UX researcher; he’s a graduate of IIT. Mistry is passionate about integrating the digital informational experience with our real-world interactions.

At TEDIndia, Pranav Mistry demos several tools that help the physical world interact with the world of data — including a deep look at his SixthSense device and a new, paradigm-shifting paper “laptop.” In an onstage Q&A, Mistry says he’ll open-source the software behind SixthSense, to open its possibilities to all. Watch the video

This technology has finally been commercially implemented by BMW. Watch the video

Truly mind blowing. Hats off to you Pranav. Feel proud to be an indian.

Cheers!!!

Posted in Business, Techno Buzz at February 18th, 2010. No Comments.

Control your computer using Twitter

It is with great pleasure and pride that I bring to you TweetMyPC. Have you ever wondered whether you left your computer running at home and wanted to control it remotely wherever you are in the world?

PuppetMaster

Now here is a state of the art innovation by my dear friend and partner Shoban Kumar. It is a very simple, 2 minute installation, masterpiece that gives you the power to control your PC from anywhere in the world. All you need to achieve this are

- A twitter id (which am sure most of you have)

- Download and install the application. You can download it TweetMyPC. It is FREE and SAFE.

Steps to install the application.

- Download the application from the link above
- Unzip it and install it
- Click on the icon that appears on your desktop (after this, you will see the icon appear on the bottom right corner of the desktop)
- Enter your twitter username and password and click on Save. It will hide the new window automatically
- You are all set to control your PC from anywhere now.

If you find some problems, then try this alternate option after installing;

- Goto Program Files, open the folder CodeGeeks, then TweetMyPC
- Right click on the .exe file and Run as administrator

How will I control my PC now?

Sign in to your twitter account from anywhere and tweet the following commands and you will be able to achieve the respective actions. You can find your commands here.

It is indeed a brilliant piece of innovation. This is version 3. The previous versions had crossed 18,000 downloads within a mere span of 6 months and with only two commands of shut down and lock compared to the present 30 commands.

Someone has also made a video on this application and uploaded in on YouTube which has earned 32,206 views, 222 ratings and 203 comments. Watch it here


It is that simple. Shoban has developed a series of applications that are up for downloads and if you are interested to know more or connect with him, you can follow his technical blog CodeGeeks.

Let me know what you think about this. For any doubts, you know where to reach me or Shoban.

Cheers!!!

image reference: http://blog.nationmultimedia.com/home/blog_data/5/5/images/PuppetMaster.jpg

Command Purpose
shutdown This command will shut down your computer after showing a warning and a wait-time of one minute.
restart restartsyour computer after a warning and a one minute delay
standby Don’t want to shutdown? Then you can make your pc go to standby mode with this command.
hibernate This command will hibernate your computer after showing a warning and a wait-time of one minute
lock This command locks your Windows pc – TweetMyPC will still continue running and answer to tweets
logoff Locking the account is not what you want? Try logoff to log off your Windows-Account and close all programs
abortshutdown You accidentally tweeted shutdown or hibernate? Don’t worry. You still can stop it by tweeting “abortshutdown” to stop it – if you are fast enough!
physical memory As the name says, this command will let you know the free Physical Memory of your pc
virtual memory Want to know the free virtual memory of your pc? Just tweet virtual memory
os This is one of the command which does not have much value. Tweeting “os” will make TweetMyPC to tweet about your Operating System version.
ip Know your pc’s internal and external IP-Address from anywhere in the world with this command
screenshot Want to know what is happening in your pc when you are not around? Just tweet screenshot and TweetMyPC will take a screenshot of your desktop and post it to Twitpic.
getprocesslist This is one of the very useful commands. On receiving this command TweetMyPC will generate a list of running programs, along with the process ID, and email it to a predefined email address.
kill <process id> This is used along with the above command. Once you receive the process list you can close a program using the kill command.
download <URL> Want to download an interesting video but you are on the move? Don’t worry – just tweet download followed by the download URL and TweetMyPC will download it for you and it will be ready when you return back. Note: Twitter automatically converts long URLs into short one using bit.ly. TweetMyPC can download files only if the URL is in the short form for security reasons. Please use bit.ly to shorten your URL before posting.
getfile <filepath> Missed an important document and you are traveling somewhere? No problem. Just tweet get followed by the file path and TweetMyPC will email the file as attachment to a predefined email. Don’t know the path? Don’t worry. Just checkout the next command.
getfilelist <drive> This command will make TweetMyPC to send you the list of files and folders in a drive. You can use this command to email you a file once you know the complete path of the file.
volinc Increases the volume of the main speaker by 20%
voldec Decreases the volume of the main speaker by 20%
volmute Mutes the main speaker
volunmute Un-mutes the main speaker
wallpaper <URL> You found a nice image and want to use set it as background at your TweetMyPC-Computer? Just use this command with the URL of the Image to set it fast and easy from anywhere!
url <URL> This command helps a lot for example if you find a website, a document or a download-file you want to review it at your computer. Then you can just open the URL by using this command, and see it at the screen when you are back at the pc. (the url has to start with http:// or www
powerstate This tweets the battery-state (Charging or not, if power-cable is plugged in and how long the remaining battery-running-time is)
ping When TweetMyPC reads this, it will answer that it is running and checks for tweets – This is really helpful to see if TweetMyPC is working and if your commands will have any effect. +fun link ;-) try it!
message <your message-text> Thanks to this command you can send a custom message to your computer, which will be shown as message-box, so you can communicate with other people sitting in front of your computer or just send a notification to yourself to read them later.
stopscr This stops the screensaver
darkscreen darkens/turns off your screen for example to save energy or to hide what the desktop shows
print <URL> TweetMyPC will download and then print the specified file – currently just .doc, .docx or *.pdf supported
<Custom Command> <optional with parameters> This is the most interesting feature of TweetMyPC. You think the above list of commands is not enough? No problem! With this new release of TweetMyPC you can start any program or shell-command with parameters just by using twitter and this program! You can start any program you want by adding it in the CustomCommand-Window of TweetMyPC and then tweeting the specified name of it. But also you can just add parameters to the tweets. Thanks to this you can now for example start your torrent-client with the torrent download-url as parameter or you can open Winamp and play a webstream, local file or whatever you want. (Example: add %windir%\system32\cmd.exe in the custom-commands window and tweet “command /K defrag /M /U” – see http://ss64.com/nt/cmd.html
Posted in Techno Buzz at February 16th, 2010. 1 Comment.

And finally got myself the Nokia E-72

The long awaited Nokia E-72 was unveiled by Nokia and my oh my what a piece of machinery. Ahead of its predecessors by not just a mere software upgrade and a feature or two;

the Nokia E-72 is highly user friendly, sleek, handy, and of course the software upgrade, a mammoth 5 mega pixel camera with flash, fading backlight, dictionary, multiscanner, 3D tones, mere 128 grams, Five-way scroll key,  Accelerometer sensor for auto rotate and tap-for-time,  Optical trackpad, wifi, bluetooth, usb, Digital compass, turn to silence a call, a video and audio player that can play practically anything,  Document editor (Word, Excel, PowerPoint, PDF),  Flash Lite v3.0, Printing….

And I have been craving for one of these after surviving with my E-61i for nearly 3 years. Eventually I went and got one and man am I in love with it. You get all the accessories you require along with what I need the most which other phones do not provide, a sheath. Superior, classy and stylish.

If anyones planning to buy a new phone try this and you will not regret it. After all its a Nokia ;-)

nokia-e72-00gsmarena_014gsmarena_013

Cheers!!!

image reference: http://www.gsmarena.com

Posted in Techno Buzz at December 10th, 2009. No Comments.

I bet you didn’t know this!!!

I do not know how many of you know of these mind blowing facts about your mobile phone. Got this by mail. Thought would share it….. It is worth is and I have tried out the first three. They actually work. I was astonished.

There are a few things that can be done in times of grave emergencies. Your mobile phone can actually be a life saver or an emergency tool for survival. Check out the things that you can do with it:

nokia-6555-mobile

1. Emergency

The Emergency Number worldwide for Mobile is 112. If you find yourself out of the coverage area of your mobile; network and there is an emergency, dial 112 and the mobile will search any existing network to establish the emergency number for you, and interestingly this number 112 can be dialed even if the keypad is locked. Try it out.

Also in Australia , the Australian emergency number 000 can be dialled whilst your mobile phone keyboard is locked. This is another reason why 000 receives so many false emergency calls!

2. Have you locked your keys in the car?

Does your car have remote keyless entry? This may come in handy someday. Good reason to own a cell phone: If you lock your keys in the car and the spare keys are at home, call someone at home on their mobile phone from your cell phone.

Hold your cell phone about a foot from your car door and have the person at your home press the unlock button, holding it near the mobile phone on their end. Your car will unlock. Saves someone from having to drive your keys to you. Distance is no object. You could be hundreds of miles away, and if you can reach someone who has the other “remote” for your car, you can unlock the doors (or the trunk).

Editors Note: It works fine! We tried it out and it unlocked our car over a mobile phone!”

3. Hidden Battery Power

Imagine your mobile battery is very low. To activate, press the keys *3370# Your mobile will restart with this reserve and the instrument will show a 50% increase in battery. This reserve will get charged when you charge your mobile next time.

4. How to disable a STOLEN mobile phone?

To check your Mobile phone’s serial number, key in the following digits on your phone!:

star-hash-zero-six-hash

* # 0 6 #

A 15 digit code will appear on the screen. This number is unique to your handset. Write it down and keep it somewhere safe. When your phone get stolen, you can phone your service provider and give them this code. They will then be able to block your handset so even if the thief changes the SIM card, your phone will be totally useless. You probably won’t get your phone back, but at least you know that whoever stole it can’t use/sell it either. If everybody does this, there would be no point in people stealing mobile phones.

Not only the above, but also in Australia your stolen phone is added to a “Stolen Mobile Phone” database, so if your phone is found later on it can be returned to you.

Cheers!!!

Posted in Techno Buzz at November 10th, 2009. 1 Comment.

Final Chapter 3 – 37 year old visionary…Truly Inspiring!!

Sorry guys, I was traveling and just got back to share with you all the last and final chapter of the story.

Max reaches his friend’s place and is surprised at how small an office he has and stops to wonder if he was doing something that wasn’t worthwhile. He scraps all the random thoughts running through his mind and steps in. Walks into his friend’s office and meets him. His friend welcomes him with a hug and asks him to take a seat. Without wasting anytime, his friend introduces Max to one of his subordinates and asks him to commence the process of familiarizing Max with the goings on of the distribution unit. From identfying production companies, negotiating, agreements, logistics, stock checking, distribution, further negotiationm basically from alpha to omega.

As time passed, Max started showing exemplary skills in every field. He also went the extra mile and became sort of the union leader of the employees. He got their concerns to the higher authorities; his friend. Within a short time span of 4 years, he had managed to increase the distribution units from 1 to 4 in 3 different cities. His friend was very proud of him and promised to make him his partner and let him handle 2 sectors all by himself. Max regularly sent money to his uncle’s house and wrote to them as he considered them his family. He had also saved enough money to invest in real estate, and 3 ambassadors. Don’t ask me why he bought 3 of them. Maybe he found some use of it. Within another year, business was going smooth but stagnant. No growth and they badly needed to expand. His friend put forward the idea of him joining his business and both of them investing more money into the business and opening up more distribution units in 2 other cities to increase their revenues. Max readily agreed as, in a way, he was thankful for the life he had and he wanted to grow. After their discussions, his friend agreed to invest quite a bit of money and to get Max to be an equal share holder, his friend asked him to invest the same amount. If Max invested that amount, he would be left with exactly INR 8,000/-.

In a way Max loved the challenge. He thought to himself, “If this is a wrong decision, then I stand to learn from this. So what, I have my friend and team with me. If something goes wrong, we can always work our way up.” He agreed and they started the procedures to open the new units. He handed over the money to his friend and told him to take care of the formalities as that was what was happening all these years. He handed over the money and decided to visit his only family to tell them the good news and go check on them after years. As soon as he said this, I sat back on my chair, widened my eyes and cupped my mouth. Max looked at me and made the loser sign on his forehead. I sat there motionless.  Max was in charge of all the operations whereas his friend was in charge of the management. He stops, looks at me and says, “You guessed right Mithun, he screwed me. I am not ashamed to admit it.” He adviced, “Whenever you get cheated or screwed in business, shout it to whomever you want. Do not keep it within. Only then will you have the drive to prove to those that you can come out of it and you are capable of it. If you are the only one who knows it along with a few others, you will keep a low profile and end up a loser.”

In a way, it is true. It does help in many ways. I openely accept my first failure but at the same time working ten times harder to prove myself and find myself at peace. I find a lot who agree with me in the wrong decisions I made, advice me, correct me, say the I-told-you-so phrase but most of all support me and offer me all kinds of help. And one thing I appreciate and realize is that, all those weren’t just words. Every single person who promised to help me has come to my aid, with absolutely no expectations. It is indeed a good feeling. Just for the sake of those people, I want to excel in life. I will ensure I do not make the same mistakes that I made and I saw others make. But I might make new ones. Take life as it comes and learn as you go.

Max then returns from his home to find out that his childhood mate and his work buddy for so many years has, no points for guessing, invested his money and moved on. All within a matter of 2 weeks. Apprently, the procedures had started well before the handing over of the money. Basically he was broke with just INR 4000/-, 3 ambassadors and a piece of land. What he did after that, I can not say, f@#k!!! He quit his job, spent a few months brooding over his mistake and without wasting anymore time went on to build a whole new business that flourished to not that state alone but 3 different states and lives a happy life with his family. Due course of this new venture he went through a lot of hardships as well which I am not allowed to speak about. Pretty much the same thing, backstabbing, cheating, lying, but by other people in new ways. This time, he had a back up plan for everything that happened. He ends by saying, “Once bitten, twice shy. I just followed my instincts and learnt to observe, read and decipher people.”

Recently, his old friend got in touch with him, apologized and asked him if he was interested in a new business venture and told him this time he would work for him. “What goes around, comes around.” He told me, “Mithun, you just do your part. The universe has a way of its own. It will reward you with everything you want if you want it with all your heart and work towards it.”

If you guys haven’t heard of or watched it, please get your hands on this documentary called “The Secret”. It is a life changing documentary. NOT THE MOVIE, THE DOCUMENTARY. At least for me. I hope you enjoyed this post. I just wish Max lets me write about his work someday. I would love to share the rest of his story. It is action pact.

Cheers!!!

Posted in Business, Enter at your own risk, Techno Buzz at July 30th, 2009. No Comments.

Chapter 2 – 37 year old visionary…Truly Inspiring!!

Right out of college, he hadn’t the slightest clue what he wanted to do in life. As soon as he told this to me, I cut him short and asked him, “Then what did you do next?”. I asked him this because, I was pretty much in the same position when I passed out of college. I just did not want to work in a company. Not that I would have gotten placed with the marks I had ;-) Even if I had done the usual stunt of getting one of my relatives or even my dad to get me a job, I did not want it. Was I being stupidly stubborn? Was I being hard headed for no reason? Probably, but as I always believed, everything happens for the good. And that decision of mine made me embark on a journey that I, till date, do not regret. Anyway, getting back to his story, he replied, “At first, pretty much nothing. I tried looking for a job and got a few calls. You see Mithun, it wasn’t that hard for an engineer to get a job those days. But I did not want to work in a company, wake up in the morning, get back home and join the rat race.”

Reader, if you are an entrepreneur or an aspiring one, you will realize that the above emotion is a common one. The above sentence is like a perpetual chant in your head. It is a sentence you might have used and heard being used a million times. The not-wanting-to-work-for-anyone-but-yourself, is an innate emotion in all entrepreneurs. For the very same reason, I reacted with an ear to ear grin and told him, “I felt the very same way.” The moment those words left my lips, I realized I was gonna get slapped down. I wished I hadn’t said those words.  He looked at me, smirked and said, “Every aspiring entrepreneur thinks the same. It is nothing new.” I didn’t say anything else but, “That’s true”. What else could I say? Somehow getting slapped down by this man did not pinch my ego.

I heard a phone ring in the yonder, it stopped half way through. A little later his wife, a very sweet lady, appears on the first floor and taps on a wind chime that hung off the edge of the roof. Max swirled his head around the moment he heard the melodious chime. They exchanged glances, not one word spoken. He turned to me and excused himself and hopped to his house over the moist lawn. I sat there and took in the beauty of the place and wondered what I had done to meet such a person. Why would he sit and talk to me at such length and narrate his life story to me? My imaginative time piece started ticking. With every passing second I was thinking of a new scenario. Does he want to help me out with my business? Does he want to start something with me? Yeah right he will. Does he want to warn me of the hurdles that lie ahead? Is he telling me not to lose focus? Why is he free today? Doesn’t he have work? Is he shitting me or playing a prank on me? Why am I thinking all this? After we speak everything, is there anyway this person will be helpful in business to me? How can I use this contact? In other words, I was being plain desperate. Once you venture into business, you wonder how every second person you meet can help you out. It isn’t because you have become an opportunist but purely because you are desperate or looking for greener pastures. Once you have achieved what you want, this internal war of queries cease to occur. But I guess, that is normal. If you meet some big shot in your field tomorrow, by chance and he starts chatting with you about his life and asks you about your work and gives you tips, wouldn’t you also think somewhere on the same lines? Maybe not this desperate, but I am a little hyper as it is and also have balls to admit to all of this ;-)

He returned from the phone call and pardoned for being away. I just smiled to such statements. What could I possible say when he says sorry? “It’s okay Max, dont worry.” As if he gives a flying f#$k about what I feel? But he is a person who has such values and principles. He somehow seemed gleeful about narrating his own story. Maybe he knows its an award winning rags-to-riches story. He continued narrating, “As I was saying, once I passed out, I didn’t know what to do. Got a few job offers but turned them down that very moment.” I listened intently for the next part of the story as that was the part I was interested in. What a bum I am. He leaned back on the cane chair and stretched his arms and let out a sigh. I was still listening intently with the empty coffee cup in my hand. He asked me, “Care for some more Mithun?” and pointed to my cup. I looked down at my cup, the left over coffee had dried up and formed an ink devil sort of artwork that spanned from one end of the cup to the other. I placed the cup on the table, denied the offer cordially and went back to the “intently listening” position, you know the one when you sitting on a chair, with your elbows perched on your thighs and your chin resting on your palm or merely clamping your hands together. He got the hint and went on with his narration, “I then bumped into a friend of mine who I knew from my school days, by chance, on the road after almost a decade. It was really nice to catch up with him after a long break.” Apparently, that friend of Max’s was into pharmacy. He had a large distribution network and was quite successful. When Max expressed his interest in starting something of his own, his friend asked him what field he was interested in. Max hadn’t the slightest clue. Mind you he was 24 years old then. He told him that he wanted to join him in his business. Being a good friend, he did not say anything and told him to meet him the following week with whatever certificates he had on him. Max admits, “To be a successful entrepreneur, hard work alone will take you ages. You need an impressive combination of luck, timing, hard work, contacts and most importantly, how to utilize them.”

So Max set out the following week with all the documents he possessed from his school and college. He also gathered as much information about pharmacy and distribution. That day was his first interview for a job that he wanted with all his heart.

to be continued……..

Posted in Business, Enter at your own risk, Techno Buzz at July 26th, 2009. No Comments.

Chapter 1 – 37 year old visionary…Truly Inspiring!!

Yeterday, I had the opportunity to meet one of the greatest personalities in my life by chance. We got talking and I felt dwarfed (an understatement) to his simplicity, knowledge, wealth and genorosity. Though he hasn’t been covered in the media as much, he is a human being who has been through the worst times in life and crawled his way back to success.

When I asked him if I could write about him in my blog, he replied “Mithun, you met me today morning and we have conversed for close to half a day and I have only let you in on a fraction of my life. Go ahead and write, but please keep my name and work anonymous. I believe you wouldn’t take undue advantage and divulge my credentials.” I, thus, apologise for not revealing his name as I am bound by a humble promise which I wish to abide by. I wish to cover this in chapters so I do not bore my few readers.

Chapter 1

Which human being would deny free media coverage? I laid this question in front of him with all due respect, to which his reply was “Mithun, first of all please call me (his name) and do not be so formal with me. Now coming to your question, media hype can work both ways. It works for someone who is low and needs to soar or for one who is up and needs to be brought down. I fall in neither. Then why would I need it? I know I have tackled my share of hurdles to success, so the former is out. Are you trying to bring me down?” I chuckled and appreciated the thought and we exchanged innocent smiles. Did he mean my blog is shit and I would make him look bad? Damn…

For my reader’s sake, let us name him Max, as he suggested. Max was born in a village in one of the western most states of India. His parents passed away at a very young age and he was raised by his aunt. Once he completed his 12th standard, they asked him to fend for himself. Before letting him go, his uncle found him a job at a very wealthy NRI’s mansion as a caretaker. Max does not blame his uncle for letting him go. He reminisces, “I was the 6th member in his family and they weren’t well off at all. His uncle had a small tailoring store and his aunt was a housewife. They had to raise 3 other children and I know and have seen what they went through. Post my 12th, I was old enough to differentiate right from wrong, had a basic qualification. How much more should he provide? In fact, if it wasn’t for him, I probably wouldn’t be where I am now.” I looked around his house. There was class written all over the freaking place. But his sheer humbleness and thoughtful nature drove you to respect him subconsciously. 

When the owner returned a year later, he was impressed by the boy’s work. He had maintained accounts for all the maintenance over the past one year, filed all the necessary documents immaculately, maintained the mansion in top notch shape and even managed to get the house touched up before the owner returned with the money that was left over from the expenses. The owner was astounded by this, 12th standard pass boy’s knowledge, responsibility  and maturity. The owner confessed to Max that ” Honestly beta (SON in Hindi), I thought you would have either taken off with the money or made a mess of the house. I gave you this job because your uncle is a very good friend of mine. Now I trust you blindly.” He looked straight into my eyes and said with a firm head bob, “That was my very first achievement. Earning someone’s trust with my hardwork.”  The owner promised to admit him to college and the honourable man kept his promise indeed.

He was narrating his college escapades to me. He was ragged heavily in college and almost drowned in a pool due course of one of the ragging sessions. Hospitalized for a short while for suffering from mental trauma and thus performed miserably in his exams. He was like, “I have seen my batch mates and class mates crying when they flunked in 2 or 3 papers. When I finished 4 years, I had 32 papers to clear. I cleared them within a year’s time”, in other words, in two sittings. He continued, “It wasn’t because I couldn’t clear them earlier, I just didn’t want to. I hated everything about my college, but loved everything about my life. I was somewhere I did not belong or at least felt so. But I knew if I had to get rid of that burden and to achieve that, I had to clear them.” I nearly choked on my saliva listening to all this. I would have taken all my life to clear those papers or even quit half way through. Max managed to scrape through his course in 5 years. He then moved on to sit idle for almost a year wondering what to do with his life. I feel really handicapped as I can not talk about his work. If I do, you all are sure to find out who he is, as he is one of the pioneers in his field. I am not here to talk about his work but the hardships in life he has been subjected to and how he crawled his way up. Truly inspiring.

We moved to his garden from the study for a cup of coffee. He takes his coffee strong, with one teaspoon of sugar. He took well spaced, short sips with tightly held lips, preventing his tongue from being burnt, he continued his story. “Mithun, I hope I am not boring you.” To which I gave him a look like, “Do I even remotely look bored and shook my head.” There was nothing I could get myself to say. Was a bit too intrigued by his story. Now you might wonder, a guy flunks in college, clears his papers in a year and he’s narrating it, what’s the big deal? The big deal, my friend, is that, that very same man is the owner one of the the biggest businesses in his field and has assets worth over 50 crores in a matter of 5 years since he started working.

to be continued…….

Cheers!!!

Posted in Business, Enter at your own risk, Techno Buzz at July 25th, 2009. 1 Comment.

Why do 9 out of 10 start-ups fail?

failure1Industry surveys have revealed that 9/10 start-ups fail within the first 3-5 years of operations. Why does this happen? Is there a common thread of failure mantras that people subconsciously follow?

Here are some of the reasons why, I feel, a start-up can tumble down the ladder to the pits. I often wonder what made my first venture a failure. Was I at fault or was it my partners? We had everything a start-up required, an office, a set off brilliant minds, each of us had our field of expertise, finance, marketing, international operations, sales. An esteemed clientele, promising ideas and products. Then what went wrong? We just couldn’t work together, just couldn’t.

failuregh

We personally have no qualms, but professionally, it was 100% effort and very little output. It never matters how long you have known each other, even the presence of one entity that has a wrong intention can lead to an intermittent firing of the team. And when it is a team, one person is never accountable for the failure. It is the whole team. And despite several tries, if the matter can not be resolved, it has to culminate in failure. Individually, all will excel in life off these experiences. One of the greatest traits of a true entrepreneur is to rise from the ashes of failure like a phoenix. Some of the reasons that can lead to failure:

- Lack of focus
- Weak business model or no business model
- Individual goals that vary greatly from the rest of the team
- No or wrong mentors/advisers
- Wrong team
- Lack of trust
- Variation in character
- Immaturity
- No prior industry experience
- Lack of punctuality
- Over confidence
- Black sheep
- Loss of faith in business
- Mentality to quit

failure

The points mentioned above could be in various combinations. If the combination involves all the above, you have close to a week before you wind up and my condolences in advance. If you haven’t kicked off yet, then take sometime off to work on these problems and then kick off. Also a few questions you should find answers to before you jump into a start-up;
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1) Where do you see yourself in 2 years whether this is a success or a failure?
2) What are you planning to take away from this venture?
3) What is your monetary share in the firm?
4) Is this specific business your cup of tea?
5) Are your partners trustworthy?
6) What is your role in the firm?

If you have justified answers to the above questions, you are well on the right path to success.

Key

I have moved on and turned a new leaf and so far, a pretty successful one too. This time, keeping in mind the mistakes I made and avoiding the probable potholes when I sense one.

Cheers!!!

image reference: www.swsalestalk.com, www.press.princeton.edu, www.twitip.com, www.tolmol.com

Posted in Techno Buzz at July 13th, 2009. 2 Comments.

Are success & number of years of experience directly proportional?

entrepreneur_001Recently, I was surfing through a few write ups and stumbled upon the comment/question above? It was targeted towards entrepreneurs majorly. The reason why I decided to write about this is because;

1) I have my own blog ;-)
2) I, myself, am an entrepreneur
3) I have asked myself, this question a lot of times on facing certain challenges (will elaborate later in another post)
4) Its something, I feel, all should know about and comment on, if any

But the most important of all the reasons is because

5) It made me think
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My comments are strictly restricted to my personal experiences and from others, I have perceived.

Every event has majorities, minorities and exceptions. The very same way, this event also has a majority, a minority and an exception. The answer to the title question is YES. There is a direct co-relation between age and number of years of work experience. After a lot of thought, it occurred to me that, it is pretty simple.
leap-sunny-sky

On an average, a person decides to venture into entrepreneurship post 4-5 years of industry experience and a minority while in college or university. The success rate of those with industry experience, is around 80% as when compared to those right out of college. This is because as you work in the industry, you learn to wrap your head around the dos and donts of business. For instance, I have met a lot of youngsters who start a company and aspire to be successful. You know, media coverage, successful business plan, investors, fame yada yada. Of the whole lot of youngsters that have tried to be enterprising, 9 out of 10 start-ups, go to the dogs.

experienceThere are various reasons to the above, predominantly it is due to immaturity and lack of professional experience. When I say professional, I am referring to all the qualities one gains from an organization from, punctuality, character, capacity to filter projects, delegation, project de-risking, leadership and many more. Prove me wrong otherwise, which if you do, I would be more than glad for the knowledge and amend this post of mine. Please note that, I am not talking about the age, but referring to the years of work experience.

There are youngsters who have been into family business since they were young and by the time they pass out of high school, they have mastered and witnessed most of the scenarios in the business world.

It is imperative that, unless you are exceptional, you have at least a couple of years of professional experience before you set out to set-up a start-up. If you founded a start-up and failed, then either learn from your mistakes and work your way up again or get some professional experience and re-try. Either way it will help you.

I would be glad if this post helps you…

Cheers!!!

image reference : www.youngentrepreneur.com, www.sekpress.net, customersrock.files.wordpress.com

Posted in Techno Buzz at July 13th, 2009. No Comments.