Thursday, January 08, 2009

India's ENRON

Its a sad day for us. In the last post I was exulting that the next apple or google is being cooked up somewhere in India.

And yesterday I was shocked to hear about Satyam with its hand muddied with a Rs.8000 crore fraud. We have managed to create an ENRON. I hope other Indian Companies do not get in the rat race to give bigger better balance sheets compared to the previous year - in order to have better share market results. Focussing on near short term and missing out on the long term benefits - of happy customers, happier employees and a rock solid business.

Thank you Mr.Raju - you have in one stroke made us cheaters. Don't know how long it will take to  clean up the tarnished image in the world's eyes.





Tuesday, January 06, 2009

To all the Men in the Arena !!

I was not aware of the startups in India till I had my own startup. It is the same feeling you get when you are in the market for purchasing a Maruti Swift and suddenly you spot lot of Swifts. I am spotting startups in bus loads. 

I am just bowled over by the number of ideas that are emanating out of India - not just Bangalore but from various parts of the country. Who said Indians are not creative enough? Yes we have been stifled a lot all these years because of various reasons and that could have given the impression that we are just followers and not leaders when it comes to ideas and technology. 

But now our entrepreneurs are getting more adventurous - and people on the fence are letting it go and jumping into the fray - who knows the next Apple, Google is being cooked right now somewhere in an apartment. 

Head over to this page - to see what I am talking. http://enbase.net/db/Main_Page

Wish luck to all my fellow startupians - you guys are crazy and be that way !! 

Also I am dedicating this poem to you guys - The Man in the Arena by Theodre Roosevelt. My wife pointed this to me when I was down because my idea behind my startup was questioned.

"IT IS NOT THE CRITIC WHO COUNTS;
NOT THE MAN WHO POINTS OUT
HOW THE STRONG MAN STUMBLED,
OR WHERE THE DOER OF DEEDS
COULD HAVE DONE BETTER.

THE CREDIT BELONGS TO THE MAN
WHO IS ACTUALLY IN THE ARENA;

WHOSE FACE IS MARRED
BY DUST AND SWEAT AND BLOOD;
WHO STRIVES VALIANTLY;
WHO ERRS AND COMES SHORT
AGAIN AND AGAIN;

WHO KNOWS THE GREAT ENTHUSIASMS,
THE GREAT DEVOTIONS,
AND SPENDS HIMSELF IN A WORTHY CAUSE;

WHO AT BEST KNOWS IN THE END
THE TRIUMPH OF HIGH ACHIEVEMENT;
AND WHO AT THE WORST

IF HE FAILS,
AT LEAST FAILS WHILE DARING GREATLY;
SO THAT HIS PLACE SHALL NEVER BE
WITH THOSE COLD AND TIMID SOULS
WHO KNOW NEITHER VICTORY NOR DEFEAT."

-Theodore Roosevelt.


Keep up the good work.