- ET-Power of Ideas campaign has been occupying us since the time we got shortlisted for the second round. Attended the mentoring session at Bangalore and its been quite eventful ever since. Preparing the elevator pitch though looked easy being only a six slide presentation but had to put in a lot of thoughts in place going into it. All said and done, I submitted the pitch just before the deadline. And the discussion on the the same with IAN(Indian Angel Network) was scheduled for last Saturday the 25th April at 1PM. Mr Umar of IAN called up on time and to summarize the discussion, it was 'GOOD'.
- I was to take him through the whole pitch of six slides in 15 minutes. Started off defining the product for him. Prolly he didn't get the complete hang of it, initially, and good for me that he asked me to clarify. So we went off the document and then onwards it was more of a business discussion. He showed interest and I lucidly could explain to him every part of it, though in not the same order as the slides.
- The best sign came when he asked me go to the financials irrespective of the slide. Form whatever interaction I've had with investors, thats one sign when an investor likes your ideas, he wants to know how much money it generates.
- Meanwhile have also got two more people on board. As promoters though we lack the relevant field experience these two members make for it. They definitely need a separate post and the links to their for all their achievements and what they bring to the table for BlushingPi.
- Meanwhile on a personal front last 2 weeks hasn't been very good. Without dwelling much, there is a crack I hope it doesn't break things up for BlushingPi. I am determined not to let it.
Tuesday, April 28, 2009
Updates
Lots to update since the last post here.
Tuesday, April 14, 2009
Schrondingers Cat
Competition is good.
We always fear competition. I am not different in most of the circumstance but not with BlushingPi. Starting up in the sector of self-publishing which is still a niche and not so omnipresent in India makes me happy to see competition. I see it working in my favor. I see it as the validation of concept. Not a lack of self confidence, but definitely an assurance that my brainchild which though has undergone a lot of research from my own side also impresses someone else who wants to bet money on it and do business. He might beat me at it or get beaten, but for BlushingPi which is still in its nascent stages and is awaiting acceptance on a mass scale, this is a very good indication.
Thank you Po-kaun-thi, Sin-man-tale, D-Po, and the latest Serena's hoods.
We always fear competition. I am not different in most of the circumstance but not with BlushingPi. Starting up in the sector of self-publishing which is still a niche and not so omnipresent in India makes me happy to see competition. I see it working in my favor. I see it as the validation of concept. Not a lack of self confidence, but definitely an assurance that my brainchild which though has undergone a lot of research from my own side also impresses someone else who wants to bet money on it and do business. He might beat me at it or get beaten, but for BlushingPi which is still in its nascent stages and is awaiting acceptance on a mass scale, this is a very good indication.
Thank you Po-kaun-thi, Sin-man-tale, D-Po, and the latest Serena's hoods.
Wednesday, April 1, 2009
This happened
Click on that link and search for my name (Sandeep Prakash).
Yes! We have been shortlisted for our BlushingPi's entry to the second stage of ET-Power Of Ideas.
What next?
I am to receive guidelines for completing an Elevator Pitch and the same has to be completed and emailed one or before 21st April. Theres also a mentoring session for the same on 17th here in Bangy.
Have to make the pitch very impressive as well as compulsive to grab the attention of any investor as the competition is very high but we got to do this, as the stakes on hold are also higher.
Funding is the aim.
Yes! We have been shortlisted for our BlushingPi's entry to the second stage of ET-Power Of Ideas.
What next?
I am to receive guidelines for completing an Elevator Pitch and the same has to be completed and emailed one or before 21st April. Theres also a mentoring session for the same on 17th here in Bangy.
Have to make the pitch very impressive as well as compulsive to grab the attention of any investor as the competition is very high but we got to do this, as the stakes on hold are also higher.
Funding is the aim.
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