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Links 1 through 10 of 137 by Ashish Kulkarni tagged entrepreneurship

When you are young, hungry, and single, you have
* huge amounts of free time (more swings at the ball)
* less to lose (more swings)
* enthusiasm (more likely to swing)
* sublimated sex drive (more likely to swing to stand out from your peers)

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If I see something I don't like, I try to change it, and if I can't I change my position of looking at it: seeing it from a different angle I might be able to change it; or I might find some good in it that I can use, which might make it change itself.

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# Focus on cash flow
# Do bottom-up forecast
# Ship, then test
# Forget the ”proven“ team
# Start a service business
# Focus on function, not form
# Pick your battles
# Understaff
# Go direct
# Position against the leader
# Take the "red pill."

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very fascinating discussion about the KM and IT groups in large organizations. Suggests that restless and dissatisfied IT people should look into "Science-Based Enterprises" by becoming an entrepreneur in the scientific research realm.

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a very fascinating story about how changes and trends in specific vertical industries can happen, giving the example of the centuries-old ice industry which is being forced to change in a disruptive way due to innovation.

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Practical entrepreneurs don't follow a big vision but look for a low-risk market where one's skills can be applied. The 4 rules: 1) choose a fragmented market 2) sell to business not consumers 3) clear and simple revenue model 4) eat your own dog food

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In the long run, the value of a social network is not only determined by the number of people in it, but in the ability for the network to monetize them. It is much easier to do that if you are vertically focussed rather than horizontally focussed.

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a good set of 12 questions to ask yourself if you are bootstrapping. Quote: "First time entrepreneurs have a major advantage/disadvantage: they don't question everything before they leap into the business"

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mentions three kinds of companies: 1) Lifestyle companies, which aren't geared for growth 2) Cash Flow companies, which are profitable and grow at 10-20% per year 3) High Growth companies, which can grow at 50-100% per year. VCs natually prefer the latter

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