Guest Post: China: Open for business 营业

Creating a successful venture startup in another country is not just about migrating a good idea born in one’s home country and culture. A solid business strategy needs to be coupled with a deep cultural understanding that will ensure your business will “translate” and increase the odds that you will be able to overcome the challenges that are unique to your target country.

Today, guest author Avi Lambert shares his perspective on China.

Pune India – Potential for a Global IT Hub

Pune India is not a city whose name comes to mind first when one thinks of India as a tourist, or in the context of business. But once you have visited Pune, you discover the opportunity, and potential!

Global Technology Business Hub – Bangalore

Global Technology Business Hub – Bangalore

India’s tech ecosystem is set for explosive growth. It has enormous potential to become a significant supplier of both software and hardware to global companies. With the help of government bodies and other organizations, the country’s tech growth and development has reached the tipping point required to reach critical mass. It is time for the world to recognize Bangalore as one of the world’s leading Tech Hubs.

Entrepreneur Tips: Successful Board Meetings

Many start-up company board meetings are highly unproductive because the early stage startup CEO generally is not an experienced board member, and thus often lacks the experience required to manage a board effectively. Board meetings, if they happen regularly, are often just an event held to satisfy legal requirements. They also get held as an occasion for the management team to meet with lead investors, and provide brief updates, and answer basic questions. Each time this particular form of meeting is held represents an opportunity lost.

Managing Boards for success does not begin and end at the start and end time of a scheduled meeting. Boards are incredibly powerful tools when managed properly.

Milestone Based Financing – Access to Capital

With limited capital, every choice will be weighed and decided based on value to the customer, which intuitively results in value to the company and shareholders. Do you need to add a feature? Do you need an API? Do you need a more senior team member? Do you need a PR agency? Do you need to do anything other than X to reach the goal / milestone you have committed to? Using your capital effectively is a signal to investors; you want it to be a positive signal. Every company is capital constrained. Even Apple operates as if capital constrained. If they didn’t they would not have so much cash in the bank!