May 22, 2013

A slowing global economy is the best time to refocus on innovation

India has undoubtedly become a hotspot for entrepreneurs, based on the number of companies in the last decade that are three to twelve years old, with 5-10 employees and a similar pattern of growth. A closer look, though, reveals that more than 75% of these entrepreneurs have replicated successful business and service models to serve [...]

Why a Startup is Like a Science Experiment

[Credit: Mr. Arun Shroff] [Source: http://arunshroff.com] There are many similarities between a startup and a science experiment. A science experiment starts with a hypothesis – or a theory of how the world works. The experiment is designed to test that hypothesis. The hypothesis is based on certain assumptions – usually based on existing knowledge or [...]