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Wednesday, November 29, 2006
Education in India
International Herald Tribune writes:
Startups
Paul Kedrosky points to a post on what Sequoia Capital looks for in startups.
Entrepreneurship
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Broadband as the new Utility
Australian IT writes:
Dialler App on Mobile
Paul Golding writes:
Software
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New Ideas in Chat
Techcrunch writes about six new, big ideas: 1. Interoperability
Software
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TECH TALK: 15 Years as an Entrepreneur: 2000-4
The next four years after I sold IndiaWorld were very disappointing from a results point of view. I spent a year at Sify and after that went back to managing Netcore, a company that had been set up in 1998 to focus on enterprise messaging solutions. I tried many different things – as I have documented on my blog over this period. From our thin client software solution (Emergic Freedom) to an all-in-one open-source based small business software (Pragatee) to an IMAP-based RSS Aggregator to a Digital Dashboard to a blog search and analytics site (BlogStreet) to trying a create Lego blocks for business software (Visual Biz-ic) to grid computing to rural infrastructure and services, there was very limited market success for each of them. Some products did not even go beyond the development stage. It was a tough period. There was one promise I had made to myself after the sale of IndiaWorld. The past was history, and I had to look ahead. I did not want to sit on the laurels of that single success. I happened to then be at the right time at the right place (benefiting from some smart foresight). I could not take that one success to mean that everything I tried would necessarily work. In fact, the initial failures had chastened me and made me realise that success and failure are two sides of the same coin. For a brief period, I toyed with the idea of not being an entrepreneur, but instead setting up a venture capital and investing in other people's businesses. A few months later, I decided that it was not what I liked at all. I actually liked the challenges of managing a business that was part of being an entrepreneur. Experience had taught me that bad times don't necessarily last and good times are few and far between. But it is the daily thrill of facing up to challenges and finding paths around them that I liked. Failure was not alien to me. But I did not want it to be my constant companion! Many people remark to me that it must be wonderful to have all that money (which I got from selling IndiaWorld). For me, money never was an end goal. Money has to be an instrument to bring about change, or more specifically, make the future come alive. For me, money gave me the freedom to experiment and live even more in the future. If I start thinking about money, I'll probably never end up doing anything else in life. For me, ideas matters more than money. I don't like businesses which need lots of capital. I like to look at blue oceans and think up things that haven't been thought of before. The single success of the past gave me the freedom to do all this without having to worry about criticism of my business capability from the extended family (as my father had to in the period after I returned from the US). The four years from 2000 to 2004 were tough. Almost nothing that I tried worked. But I never stopped trying – and reading, thinking and writing. It was in November 2000 that I started the Tech Talk series – first on Samachar.com, and then also on my blog. It gave me a reason to sustain my reading, broaden the thinking, and share my thoughts through my writing. It also helped me build a framework for the opportunities in the future. Tomorrow: 2004-6 Related Entries: [All]TECH TALK: 15 Years as an Entrepreneur: Beyond [December 1, 2006] TECH TALK: 15 Years as an Entrepreneur: 2004-6 [November 30, 2006] TECH TALK: 15 Years as an Entrepreneur: 1994-99 [November 28, 2006] TECH TALK: 15 Years as an Entrepreneur: 1991-94 [November 27, 2006]
Tech Talk
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Hi Rajesh, I have been reading your posts at on/off frequency, heard a lot about you from my guru and mentor Mr. Tarun Anand (ex-Microsoft). After reading this post, I am able to see-through myself. Something to say about, "Failure was not alien to me. But I did not want it to be my constant companion! " As if of now, I am not tasting failure but a bit divertd from my end goals; sometime I feel like I am tired of experimenting; after all it has been a long 12 years for my fight towards my validity. Posted by Saurabh VermaThank you for the posts. I wish every ceo/ entrepreneur blog their views/reflections - so the rest of us know what it takes to be an entrepreneur. Posted by g.e.Rajesh, You have something no amount of money can give anyone. Honesty and sincerity, particularly in how you look at yourself. I think that will have you in good stead forever. Best of luck in the future. Posted by fellow entrepreneur
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The IHT News item correctly identifies the problem in the second and third tier colleges as, “lack [of] "soft skills" sought by a new generation of employers but still not taught by change-resistant colleges …” Here is my partial diagnosis. In general, these colleges have a stream of professional students who have fun disrupting classes and indiscipline (as seen in Bollywood movies) gives them a kick. Lecturers have reached or exceeded their highest level of incompetence, and harsh discipline is the only skill they have in controlling classes.
Posted by Som Karamchetty, PHDA majority of students in these colleges burn the midnight oil and bet their parents life time savings on private tuitions. NASSCOM, CII, and other Indian employers have to recognize this sacrifice and talent of these students and realize that they are serious about acquiring hard and soft skills necessary to get good jobs and to perform well in those jobs. These employer associations and organizations have to go beyond criticism and get down to offering these students training in soft skills and internships throughout their college years and not just before they are recruited. Especially, with the availability of online facilities and multimedia, it is time they begin exemplary programs.
I think all this needs to be taught in schools ... it should start when students enter senior secondary level and continue through their college years.
Many colleges nowadays are trying to sell themselves as 'All round'. I find this problematic. Collges are meant for technical education - once they have that done, they can have extra hours / off campus / off classroom sessions for other things.
The problem is most colleges lack good profs, good libraries and good syllabi which are the beasics of technical education.
Posted by Nikhil Kulkarni