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Strategy Roundtable: Do Not Spray and Pray

ReadWriteStart

First up was Brad Barrett presenting GrillGrate , a grill accessory with which Brad has built a year-to-date revenue of $400,000. Now, e-commerce has had extremely slow penetration in India, one of the key reasons being the lack of reliability of the delivery and logistics chain. GrillGrate. Photo by brokenarts.

India 114
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Strategy Roundtable For Entrepreneurs: Incubators Are Reaching Out To 1M/1M

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First up, Satya Choppadhandi from Bangalore, India, presented Evolutech Networks, a company that manufactures wireless energy monitoring devices for the smart home. The smart home business is still in the very early stages in India, and it will take some time before Evolutech ramps up.

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Strategy Roundtable For Entrepreneurs: 1M/1M Announces Partnership With TiE Chennai

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a group of entrepreneurs from TiE Chennai gathered at the Indian Institute of Technology-Madras (IIT-M) Research Park campus, and we spent the next four hours discussing strategy and tactics of early-stage entrepreneurship. The product has won a national award from the president of India for its empowerment of people with disabilities.

India 126
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Strategy Roundtable: Try To Get At Least $2M Pre-Money In Seed Round Valuation

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Bottom line, early stage equity is very, very expensive. So at any point, if you are trying to raise money, and you are hearing from investors that you are too early and have too little validation, it may be a good thing. Then Liana Thompson pitched Trendy Loot , a very early stage deal site for low-end jewelry.

Valuation 119
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Strategy Roundtable: 5 Cloud Computing Opportunities for Entrepreneurs

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Rajeev wants to build a BPO firm in a place called Bolpur in West Bengal, India. These roundtables are the cornerstone programming of a global initiative that I have started called One Million by One Million ( 1M/1M ). Next, Rajeev Pareek discussed his rural BPO idea. Photo by thesaint.

Cloud 117
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Strategy Roundtable: Open Opportunities in Cloud Computing and Rural BPO

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They already have several customers including some telcos, and are at about $350,000 in revenues. Because customer financing equals revenue, not equity. That's why, I advised Gio to keep going with further execution on his business and build more revenue traction. In 1M/1M, our preferred financing strategy is customers.

Cloud 115
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Roundtable For Entrepreneurs: Business Schools And Early Stage Entrepreneurship

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Next Badri Badrinarayanan V S, from Chennai, India, pitched DiaSof , a software-based solution for disease management of diabetes patients in India. Apparently, India has 50 million diabetic and another 40 million pre-diabetic patients. Jay does not have that yet. She is a Silicon Valley entrepreneur and strategy consultant.