A young male who was born to be an entrepreneur drops out from a computer-science program at a prestigious university. He meets a powerful venture capitalist who is so enamored with his idea that he gives him millions of dollars to build his technology. Then comes the multi-billion-dollar IPO.
That’s the Hollywood version of Silicon Valley. But it is as far from reality as is Disneyland. Entrepreneurship is never that easy and the stereotype of the startup founder is not representative of the technology world. Yes, there are a few, such as Mark Zuckerberg and Bill Gates, who made it big. But they are the outliers—and they too don’t fit the stereotype. Here are six myths about what it actually takes to make it: Continue reading
As the name might imply, there are a lot of items on this list of ways to make money from the internet (over 200 to be more specific), so be prepared for a lot of scrolling because this is one seriously long infographic. That being said, there’s nothing wrong with a long infographic if there’s plenty of useful information in it -and there certainly is in this great graphic. Continue reading
Brijmohan Lall Munjal
Founder director and chairman, Hero Motocorp
Interests outside of work: Yoga, movies
Why he won this award: For building Hero Group into the world’s largest cycle-maker and Hero Motocorp into the world’s largest two-wheeler manufacturer (by volume) and now rebuilding it after the breach with Honda
Brijmohan Lall Munjal is no stranger to adversity. For a man who found his feet in post-Independence India and, today, has a personal wealth of more than $2.2 billion, he would have faced challenges of varying hues and magnitudes. But, even for the battle-scarred nonagenarian, nothing would have compared to the events of two years ago. Continue reading
If you want to keep your marriage intact and create a successful business, listen up. It takes work. It takes setting boundaries. It takes love. Here are four key lessons I learned over the years:
1. Know that the world does not revolve around you or your idea. Yes, you’re excited. Your passion is what motivates you! But that doesn’t mean everyone around you wants to hear about it all the time. If your partner or children ask you how your day was, try to keep your reply short. If they want to know more, they’ll ask. And by all means, then tell them. But, tempting as it might be, don’t let your business take over your dinner conversations every time you sit down with your family. And make time to sit down for a meal with them. Continue reading
“Leave me alone!”
17 young “bosses” — leaders from The Young Entrepreneur Council (YEC) says about “what not to say to your boss”
This is admittedly painting with a very broad brush, but as much as we fetishize the hustlers, developers are the intellectual properties on which our industry runs.
It pisses me off when founders treat devs like disposable commodities to be worked into the ground and when they pay them peanuts and don’t turn over a little equity. When large companies treat developers like the very fact they got hired is a privilege, then proceed to treat them like code monkeys until the devs are forced to quit out of exhaustion, frustration, and boredom. Continue reading