Comments on: Processes for Entrepreneurs with Multiple Start-Ups http://consulting.prats.co.in/processes-entrepreneurs-multiple-start-ups/ A rich insight into the world of Organizations, Processes and Management Wed, 06 Apr 2011 04:42:29 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Prats http://consulting.prats.co.in/processes-entrepreneurs-multiple-start-ups/comment-page-1/#comment-20 Prats Tue, 01 Dec 2009 19:14:17 +0000 http://consulting.prats.co.in/?p=67#comment-20 @Rahul: Thanks @Rahul: Thanks

]]> By: Prats http://consulting.prats.co.in/processes-entrepreneurs-multiple-start-ups/comment-page-1/#comment-19 Prats Tue, 01 Dec 2009 19:14:00 +0000 http://consulting.prats.co.in/?p=67#comment-19 @Atul: I agree too whatever you said, the idea is being professional maintaining Entrepreneurial spirits together maintaining balance. @Atul: I agree too whatever you said, the idea is being professional maintaining Entrepreneurial spirits together maintaining balance.

]]> By: Atul http://consulting.prats.co.in/processes-entrepreneurs-multiple-start-ups/comment-page-1/#comment-18 Atul Tue, 01 Dec 2009 18:31:09 +0000 http://consulting.prats.co.in/?p=67#comment-18 Nice thoughts, the gist is, entrepreneurs should run their start ups more professionally, while keeping books of account organized, roles and responsibilities defined etc. Particularly the first one, Entrepreneurs should consider opportunity costs, for his labor, or goodwill gestures of others, which most of start up fail to do, this gives wrong projections on profitability in initial phases which screw up future of start ups. Though I agree with most of the points, but I am also worried too much of organization will kill the entrepreneurial spirit of a start up. Once start up passes a certain level of maturity and sustainability, entrepreneurs can always bring in discipline and organization.. Nice thoughts, the gist is, entrepreneurs should run their start ups more professionally, while keeping books of account organized, roles and responsibilities defined etc.

Particularly the first one, Entrepreneurs should consider opportunity costs, for his labor, or goodwill gestures of others, which most of start up fail to do, this gives wrong projections on profitability in initial phases which screw up future of start ups.

Though I agree with most of the points, but I am also worried too much of organization will kill the entrepreneurial spirit of a start up. Once start up passes a certain level of maturity and sustainability, entrepreneurs can always bring in discipline and organization..

]]> By: Rahul http://consulting.prats.co.in/processes-entrepreneurs-multiple-start-ups/comment-page-1/#comment-17 Rahul Tue, 01 Dec 2009 11:17:48 +0000 http://consulting.prats.co.in/?p=67#comment-17 nice post buddy..really informative!! nice post buddy..really informative!!

]]> By: Ankit http://consulting.prats.co.in/processes-entrepreneurs-multiple-start-ups/comment-page-1/#comment-16 Ankit Tue, 01 Dec 2009 11:15:32 +0000 http://consulting.prats.co.in/?p=67#comment-16 Hmmm...I get ur point. Where we differed i guess is the point where u mention the collective wisdom of the "market" if by market u mean the intended customer audience, then true but if it refers to a probable investor for the IPO, then i think it gets a little too far fetched. All in all, some great laundry points for startup to keep in mind and execute!! Cheers.. I can haz some relevant pictures sometime in the posts :) Doubles my reading interest Hmmm…I get ur point.

Where we differed i guess is the point where u mention the collective wisdom of the “market” if by market u mean the intended customer audience, then true but if it refers to a probable investor for the IPO, then i think it gets a little too far fetched.

All in all, some great laundry points for startup to keep in mind and execute!! Cheers..

I can haz some relevant pictures sometime in the posts :) Doubles my reading interest

]]> By: Prats http://consulting.prats.co.in/processes-entrepreneurs-multiple-start-ups/comment-page-1/#comment-15 Prats Tue, 01 Dec 2009 11:05:58 +0000 http://consulting.prats.co.in/?p=67#comment-15 @Ankit: Thanks for the comment, I would take the opportunity to clarify myself here. When I say IPO everyday I mean to say that one should run & structure the company in a way they would be going for an IPO. I never meant that Start-Ups should necessarily to go for IPO, all I meant was everyday they should behave with responsibility, discipline and transparency that one would do for an IPO preparation. Too far fetched I would agree but still the closer the better, I personally believe. @Ankit: Thanks for the comment, I would take the opportunity to clarify myself here. When I say IPO everyday I mean to say that one should run & structure the company in a way they would be going for an IPO. I never meant that Start-Ups should necessarily to go for IPO, all I meant was everyday they should behave with responsibility, discipline and transparency that one would do for an IPO preparation. Too far fetched I would agree but still the closer the better, I personally believe.

]]> By: Ankit http://consulting.prats.co.in/processes-entrepreneurs-multiple-start-ups/comment-page-1/#comment-14 Ankit Tue, 01 Dec 2009 10:04:51 +0000 http://consulting.prats.co.in/?p=67#comment-14 Awesome Prats!! The first two points are kick-ass and worth their weight in gold.Infact, with the second point even relatively large organizations suffer from it.It seems only justified to finance one venture out of another, but without accounting for it makes the books look real shoddy for both ventures. As for the third, it is true but then i do not completely relate to it.IPO is not necessarily the final destination.Private companies do rather good themselves.Moreover, startups are all about executing ideas at the right time.When thinking how the mass will react to the change can be a time consuming process.Moreover, in the end it all boils down to profitability as far IPO market is concerned.If you have a green balance sheet, all is good. My 2 cents:-) PS: Sorry for multiple comments, some weird URL went in the first one. Awesome Prats!! The first two points are kick-ass and worth their weight in gold.Infact, with the second point even relatively large organizations suffer from it.It seems only justified to finance one venture out of another, but without accounting for it makes the books look real shoddy for both ventures.

As for the third, it is true but then i do not completely relate to it.IPO is not necessarily the final destination.Private companies do rather good themselves.Moreover, startups are all about executing ideas at the right time.When thinking how the mass will react to the change can be a time consuming process.Moreover, in the end it all boils down to profitability as far IPO market is concerned.If you have a green balance sheet, all is good.
My 2 cents:-)

PS: Sorry for multiple comments, some weird URL went in the first one.

]]> By: Ankit http://consulting.prats.co.in/processes-entrepreneurs-multiple-start-ups/comment-page-1/#comment-13 Ankit Tue, 01 Dec 2009 10:03:42 +0000 http://consulting.prats.co.in/?p=67#comment-13 Awesome Prats!! The first two points are kick-ass and worth their weight in gold.Infact, with the second point even relatively large organizations suffer from it.It seems only justified to finance one venture out of another, but without accounting for it makes the books look real shoddy for both ventures. As for the third, it is true but then i do not completely relate to it.IPO is not necessarily the final destination.Private companies do rather good themselves.Moreover, startups are all about executing ideas at the right time.When thinking how the mass will react to the change can be a time consuming process.Moreover, in the end it all boils down to profitability as far IPO market is concerned.If you have a green balance sheet, all is good. My 2 cents:-) Awesome Prats!! The first two points are kick-ass and worth their weight in gold.Infact, with the second point even relatively large organizations suffer from it.It seems only justified to finance one venture out of another, but without accounting for it makes the books look real shoddy for both ventures.

As for the third, it is true but then i do not completely relate to it.IPO is not necessarily the final destination.Private companies do rather good themselves.Moreover, startups are all about executing ideas at the right time.When thinking how the mass will react to the change can be a time consuming process.Moreover, in the end it all boils down to profitability as far IPO market is concerned.If you have a green balance sheet, all is good.
My 2 cents:-)

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