A nation vibrating with enthusiastic investors, enthusiastic startups and over enthusiastic government policy decision makers with an equally vibrant set of advisors and mentors willing to push themselves to the nation..
Comes a question from an entrepreneur
‘will I get debt or equity?’
Pat comes an answer ‘low interest rate debt…’
Entrepreneur ‘Am only seeking equity partnering’
Pat comes a question ‘How much?’
Entrepreneur ‘can dilute 10 to 20% for 1M$ funding’
Pat comes a question ‘how have your done this valuation of your company which is just 9 months old’
Entrepreneur ‘check on my traction.. won best innovation award.. got recommend by best of companies.. also the traffic to our site.. and many things’
Pat comes a question ‘where is the revenue?’
Entrepreneur ‘it will… we are getting multiple offers from investors.. please confirm if you are interested else let us not waste each other’s time’
Pat comes an answer ‘we are not looking for innovation, disruptive ventures.. we are looking for some proven business model.. like say ‘
Entrepreneur ‘this is the problem of this nation.. only imitations.. folks love.. anything innovative lies in some research lab waiting for market..’
Pat comes an answer ‘ROI most important’
Entrepreneur ‘and do you know bankers.. they never take risk at all.. hence government too needs to give guarantee to them for such investments to startups’
Pat comes an answer ‘passion needed by entrepreneur’
Entrepreneur ‘passion.. it is a big joke.. passion without fund sounds good in blog only.. passion with funds sounds good for creating startup eco system’
Pat comes an answer ‘passion without funds.. there is a proof.. 25 years of genuine focus on passion.. started as a story when passion word was correlated to some dating sites and then passion became a concept to groom freshers, then entrepreneurs.. rejected by World Bank to be an unrealistic proposition to aggregate incubators, accelerators, startups, entrepreneurs and developers and then it got into stagnation..
Ahead of times.. MADE in INDIA.. till 2006 happened.. suddenly Incubation Concept and Accelerator eco system mushroomed over a period of time.. As usual Nation imitated developed Nations till even the Nation Leader woke up to build Startup Nation Policy..
PASSION as brand, PASSION as news letter.. Did all till it became a PhD framework.. PASSION FRAMEWORK and now a blog… and much earlier a brand also put in a vehicle..
PASSION is not about just being involved in a venture.. it is about the pain and learnings which comes out of the experience similar to PASSION of Jesus Christ.. and interestingly when PASSION got probed.. it was found that is a fable a popular one way back multiple centuries ago.
So dear viewers PASSION has a history.. a strong history of entrepreneurship experience and I chose to focus on writing blogs in story and poem or entertaining format.. only to facilitate and cover all dimensions of entrepreneurship life cycle.
Of Late, the blogs are of a bit serious nature.. but then behind every happiness, there is a story and behind every mission, there is a purpose and behind every vision, there is a dream and such dreams never come regularly.. just once in a while’
So all investors in Startup Nation need to realize that disruptive innovation is not necessarily technology driven, it can be management driven too.. but where are the takers for investing or believing in such initiatives?
This is also a real story.. not a fiction..