SMS business.
Here is an idea i have been thinking about... and even proposed to someone in this space.
Though the Idea is good (according to me ha..ha...ha..) ... making it work is
a big challenge.
I call it "Pincode.com" ... this name is probably influenced by reading somewhere...probably rajesh-jain's blog.
You tell me (through sms) where you are right now with your pincode... i will give you what is exciting right now happening in the pincode.
Exciting: Events, Sale (discounts), Hotels etc.,etc.,
U show my SMS and redeem ...
This is just like creating a virtual world on the SMS-cloud....similar to www ...but a volatile data which vanishes every week or month. Some of the data can be everyday updated (totally contrary to www where the data resides for 10's of years).
What this calls for is million dollar investment to cover even part of a big city like Mumbai or Chennai.
Ultimately this can boil down to page-ranking level which i call "Cell ranking"
Based on cell ranking we can give more to a cell and block a cell....like how a page-ranking works now the Google.
Kasi
Thursday, October 15, 2009
Friday, October 2, 2009
The following report and analysis is taken from somewhere ... i thought i
will post it here... to remind to look at it after 10-years ... whether
i fall into this as an entrepreneur ... the report says i have good chance !!! :-)
In any case, here are some of the points from the report that
I found the most interesting.
1. The average and median age of company founders when they started their current companies was 40.
2. 95.1 percent of respondents themselves had earned bachelor’s degrees, and 47 percent had more advanced degrees.
3. Less than 1 percent came from extremely rich or extremely poor backgrounds
4. 15.2% of founders had a sibling that previously started a business.
5. 69.9 percent of respondents indicated they were married when they launched their first business. An additional 5.2 percent were divorced, separated, or widowed.
6. 59.7 percent of respondents indicated they had at least one child when they launched their first business, and 43.5 percent had two or more children.
7. The majority of the entrepreneurs in the sample were serial entrepreneurs. The average number of businesses launched by respondents was approximately 2.3.
8. 74.8 percent indicated desire to build wealth as an important motivation in becoming an entrepreneur.
9. Only 4.5 percent said the inability to find traditional employment was an important factor in starting a business.
10. Entrepreneurs are usually better educated than their parents.
11. Entrepreneurship doesn’t always run in the family. More than half (51.9 percent) of respondents were the first in their families to launch a business.
12. The majority of respondents (75.4 percent) had worked as employees at other companies for more than six years before launching their own companies.
Which of the above surprises you the most and alters your mental model of what entrepreneurs are like?
will post it here... to remind to look at it after 10-years ... whether
i fall into this as an entrepreneur ... the report says i have good chance !!! :-)
In any case, here are some of the points from the report that
I found the most interesting.
1. The average and median age of company founders when they started their current companies was 40.
2. 95.1 percent of respondents themselves had earned bachelor’s degrees, and 47 percent had more advanced degrees.
3. Less than 1 percent came from extremely rich or extremely poor backgrounds
4. 15.2% of founders had a sibling that previously started a business.
5. 69.9 percent of respondents indicated they were married when they launched their first business. An additional 5.2 percent were divorced, separated, or widowed.
6. 59.7 percent of respondents indicated they had at least one child when they launched their first business, and 43.5 percent had two or more children.
7. The majority of the entrepreneurs in the sample were serial entrepreneurs. The average number of businesses launched by respondents was approximately 2.3.
8. 74.8 percent indicated desire to build wealth as an important motivation in becoming an entrepreneur.
9. Only 4.5 percent said the inability to find traditional employment was an important factor in starting a business.
10. Entrepreneurs are usually better educated than their parents.
11. Entrepreneurship doesn’t always run in the family. More than half (51.9 percent) of respondents were the first in their families to launch a business.
12. The majority of respondents (75.4 percent) had worked as employees at other companies for more than six years before launching their own companies.
Which of the above surprises you the most and alters your mental model of what entrepreneurs are like?
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