How to get New Ideas?

An IDEA can change your Life! But how to think of a million dollar Idea. Well you need some inputs to think of A good and smart idea. Before you think of an Idea first understand the basics.

What is an IDEA ?
An idea is nothing more nor less than a new combination of old elements.

How do you combine old elements into new?
The capacity to bring old elements into new combinations depends largely on the ability to see relationships.

INSPIRATION: Reading about Successful Entrepreneurs and their case studies inspire you to take inputs and turn it into an Idea.

PASSION: Look at the things around you that interests you most at all times. Think of an Idea in those passionate areas.

BY OBSERVING: If you are in the plan to start a business you start looking at the world differently. Keen observation of successful businesses will provide you lot’s of pointers to think of great ideas.

NEED: Most successful ideas come from one’s own NEED’s. List out all the day to day needs of your life and generate an Idea from those Needs & Problem’s.

RANDOM INPUT: When you want some additional ideas in a certain area or just when your thinking gets stuck totally use random inputs for example Magazines. Go to a newsagent and buy a magazine that you would not normally ever think about buying. The ones which you get the worst reaction to are probably the best ones to buy because you are much less likely to have read one of them before. Watch out for the ones on the top shelf though!

QUOTE BY STEVE JOBS – “A lot of times, people don’t know what they want until you show it to them.”

Flipkart Founders Backed Smart Scooter Startup To Begin Its Test Drives In Indian Cities Bangalore-based Ath

Bangalore-based Ather Energy, a electric smart scooter startup will soon begin its test drives by October or November this year, as the company is all set to launch its first scooter as early as in begining of year 2016.

Labelled as India’s first premium electric smart scooter, Ather-S340 will be the first electric scooter to be completely designed & manufactured in India. The startup has received thousands of enquiries on its website for e-scooter, and will offer a test drive to potential customers starting with Bengaluru, followed by Chennai and Delhi.

The e-scooter will be priced under Rs. 1,00,000, with a formal price announcement likely to be made in Oct-Nov. this year.

The company had received its first seed fund of $1 million in late 2014 from Flipkart founders Sachin Bansal and Binny Bansal and Raju Venkatraman of Medall Healthcare followed by $12 million of another funding from Tiger Global in May this year.

The scooter is touted as ‘Smart Scooter’ as it carries varoius interactive and autonomous features such as its dashboard which carries an Android based platform that enables navigation and a fully personalized dashboard UI. The scooter’s hardware monitors and customizes all vehicle parameters based on rider usage profile.

Typically, electric scooters have a top speed of 25-40kmph, they have poor acceleration, and a battery life of 5,000-6,000 kilometres, and a 6-8 hour charging time. Ather-S340 outrun a typical e-scooter as this scooter has 75 Kmph of top speed with acceleration of 0-60 Kmph in 11s and recharge to about 90 percent capacity in an hour.

If anyone is interested in trying out this smart scooter one can apply for a demo ride here.

Notably, on April 8th, 2015 the Government of India announced FAME India (Faster Adoption and Manufacturing of Electric (Hybrid) Vehicles in India – a scheme under the Ministry of Heavy Industries and Public Enterprises. These schemes are indeed helping out statups like Ather Energy. Through this scheme, the government is trying to achieve 6-7 million electric and hybrid vehicles by 2020 by provinding incentives to buyers over cost of such vehicles.

The Year of Food-Tech

“If 2014 was the year of transport startups like Uber and Ola, 2015 promises to be the year food delivery startups come of age in India”, an article in the Times of India proudly proclaimed on March 30th this year. The past 12 months have seen a phenomenal rise in the fortunes of entrepreneurs investing in food technology across India. To give a powerful and credible challenge to already established giants, Zomato and FoodPanda, are upcoming startups like TinyOwl, Feazt, Yumist and many more.
There seems to be no dearth of space to accommodate them. There exists an ever increasing demand for delivery services across the urban landscape. More than 60% of the demand is comes from the working population, seeking freshly cooked food to soothe the nerves in a stressful office environment. What’s more is that these companies have only begun to expand outside the metropolitan cities of Bangalore, Mumbai, Hyderabad and Delhi.
The possibilities in the field are diverse and lucrative. From POS systems to online restaurants, home cooked food delivery mechanisms and even arrangements for food lovers to meet up over a nice lunch, the sheer possibility for investment is quite awe inspiring. Even established tech giants like IBM are exploring the possibility of entering the market. IBM has already opened the Institute of Culinary Education, a platform for the development of delicious fusion food recipes.
The food-tech startup industry has grown raised more than $ 500 million in the past one year alone in this country. Truly, one could not be more pleased to have so many opportunities to enjoy mouth smacking delicious food. With their footprint expanding so fast, one can’t help but jump with excitement in anticipation of seeing even more tasty food at one’s doorstep.

Management Tools & Apps That Will Make Your Startup Life Easy!

You may have several ideas for your startup, but executing those ideas in the right manner is a difficult job. You may have that correct passion, but smart management is what will make your business stand out from others. All you need is right tools or resource to expedite this passion for achieving your dreams.

Here is the list of 11 tools that may make your startup life easy:

1. Sidekick is a tool by Hubspot which facilitates the email advantage. It displays powerful information about your contacts in your inbox. With this tool, you are able to see an email contact’s professional background, their mutual contacts, email history and a lot more. The best advantage that you enjoy with Sidekick is that you are able to track your emails – who opens and clicks. Also, you can make email marketing easy by scheduling mails and setting reminders. This tool is one of the finest ways to make your digital marketing strategy easy.

2. Trello is one of the useful task management tools.Being a startup entrepreneur you may have bagful of tasks and innumerable pans to execute. Trello lets you manage these tasks in an organized manner. Now you need not rely on those sticky notes or long lists. You can create project boards, update and visualize the progression of each project, you are working on.

3. RecruiterBox is a software which makes your recruitment process easy. This tool enables you to manage the job applications to your company. Keeping in mind the recruitment challenges encountered, this software is made flexible and easy to use. It is more easy and less complicated than spreadsheets. Track applicants automatically, manage resumes of the applicants and delegate tasks to your team. Make hiring process a “one-step” management.

4. How much to make an app is your app cost analyses tool. This tool provides you with a clear picture of the costs involved in your app creation. All you have to do is enter the app details (app type you want to create) and it will give you the exact cost required for that app.

5. is a customer communication tool which helps you see and talk to your customers. You can have live conversations and send targeted messages to website visitors and users of your app. Intercom helps you view all your customers and informs you what do they do with your product.

6. Hootsuite is one of the finest social media management tools. It helps you manage social media marketing in the most easiest way possible. You can manage, schedule and target your audience across all the social media networks, effectively. Also, Hootsuite’s social media analytics give you an in-depth view of how well your social media activities are performing. It gives you a wider scope of your social media activities.

7. Zoho Invoice Generator is an easy to use free invoice template wherein you can create personalized invoices. It ensures a standard and convenient form for invoicing every order. All you need to do is, enter your company details along with the invoice details and there you go – your invoice is ready!

8. Google Inbox is an email app by Google. Companies receive bundles of emails everyday and so do you! This app is created to make email management easy. This application is focused on improving email productivity by allowing users to snooze emails and segment similar mails in separate folders. Hence, chances of reading each mail in your inbox and not missing reply deadlines increase.

9. is for managing your financial resources. With the efficiency of Mint, you can effectively manage your cash flow, budgets and bills at one place. You can create budgets and manage your personal finances. This free app gathers all your financial information at a single place, giving you the whole picture in a way that’s easy to understand and helps you make correct financial decisions.

10. Slack is a free communication tool. It helps in making team communication smooth, allowing real-time messaging, archiving and search for modern teams. It understands the need for team communication in a business and can be integrated with over 80 external services to help you pull information from outside tools. Manage team communication by sharing files, sending messages and a lot more at one place.

11. Flyp is an app that lets you have up to six different phone numbers simultaneously active on a single smartphone. Each number added can be utilized and assigned for a different purpose. Each number has its own voicemail, text messages, SMS quick replies, and sound profiles.

16-Acre Startup Warehouse in Gurgaon

The National Association of Software and Services Companies (NASSCOM) has announced that it is partnering with Government of Haryana to set-up a 16-acre warehouse in Gurgaon to incubate startups & foster a culture of innovation. Notably, this will be first warehouse by Nasscom in northern part of India as it already have warehouses for startups in Bangalore and Kolkata, under NASSCOM’S 10,000 Startup initiative.

Only July 23rd, Nasscom tweeted about announcement its third startup warehouse in Gurgaon.

Warehouse is a premium co-working space introduced by 10000 Start-ups in August 2013 to create a micro-ecosystem where early stage startup founders can work together, share their learning and best practices with each other. These warehouses can be leased by start-ups for six months at a nominal cost

The association launched its first warehouse back in 2013 in India’s Silicon Valley, Bangalore. The Bangalore warehouse was launched in a partnership with the Government of Karnataka followed by its second warehouse in Kolkata in partnership with the West Bengal Government and the Information Technology and Electronics Department of the Government of West Bengal.

In month of May this year, Nasscom had also entered into a strategic partnership with Government of Maharashtra to open a start-up warehouse in Navi Mumbai and Pune.

At the warehouse, startups get a number of facilities, including a 10 Mbps broadband leased line, quality infrastructure with AC, chair, tables, tea/coffee, logistics etc. Also, the warehouse is open 24X7 to work and visit.

The benefit of being part of any of the Nasscom’s startup warehouse is that a startup get a central, well connected, plug-and-play working space that is visited frequently by 10,000 Start-ups mentor and investor network to provide one-on-one mentorship to the startups based at the warehouses.

Although the announcement of warehouse in Gurgaon is just made it will take its due course and time to complete and come into existence for startups to apply.

Focus: Key to Find Your Great Business Idea

When you’re just starting out in business, narrowing your target market can be difficult for fear you’ll be excluding part of your potential customer base.
But if you can clearly define a market and its needs upfront, you can tailor your product or service offerings narrowly to meet that demand and quickly gain more wallet share than your competitors.
What exactly does this mean?
You could be like the computer repair technician who decided to strike out on his own in the highly competitive field of information-technology services, only to discover a more specialized market that offered higher rates, more loyal customers and more referral business. That narrow market turned out to be Apple computers.
The example illustrate a general truth about business opportunity: The true opportunity may not be apparent at the outset. Niches exist in every broad category, and your job as an entrepreneur is to figure out what they are and whether they offer a profitable business opportunity.
Looking at the marketplace this way could also change your thinking on the true nature of a startup.
Simply walk or drive along any street and you’ll pass any number of businesses struggling to make ends meet because they aren’t selling what their market truly wants or needs. Like the owners of the dead-end secondhand store, they may not even know what their best-selling and highest profit items are — or that those very specific items are sitting in a neglected section of their store or office.
Category leaders tend to be highly focused, and many times, that focus can appear too narrow. But companies with focus grow precisely because their niche is so distinctive. If you think this applies only to the small retail store or the Macintosh repairman, take a look at what BrandZ, a division of WPP, lists as the 10 most valuable brands in the world:
1. Apple
2. IBM
3. Google
4. McDonald’s
5. Microsoft
6. Coca-Cola
7. Marlboro
8. AT&T
9. Verizon
10. China Mobile
These companies have built their business on a single word: focus. In the case of top-ranked Apple, its greatest success has come from a single product, the iPhone.
So start to expand your focus by doing a more narrow analysis of your market and what people are buying — or would buy if given the option. Don’t worry about the sales you might be missing by not offering everything to everybody. Your narrow focus could deliver more business than you can handle, producing higher-margin cash flow to enrich your bottom line.

Manage your startup with 5 ways

A startup can be fairly vulnerable as entrepreneurs tend to focus on keeping the business alive and growing rather than managing it on the ground. As a company scales, organisation culture and employee motivation become key.

We gathers some techniques that startups use to keep their employees as well as manage it.

Stay Hyper Focused

In a startup’s journey, a founder will never be short of good ideas. “It’s quite tempting to take on new features, new projects, new geographies, challenges, but as a startup founder, we live a world of limited resources and managing bandwidth is the key to survival and scaling up. Stay focused, the best teams are often defined by what they choose not to do,” says Ahmed Naqvi, CEO and co-founder of Gozoop & Sparknext.


It’s OK To Make Mistakes

“You will make mistakes so learn to accept them. Don’t pretend to be all-knowing and don’t expect your team to be perfect either. Inspire them to take risks, admit when things go wrong, and adapt when required. Reveal to your team your human side to make them feel comfortable in admitting their own challenges,” says Naqvi.


Matrix Organisation

Since startups are usually lean organisations, and each person is executing more than one role, every employee may be doing overlapping work.

Matrix organisations foster closer relationships and information flows easily, which facilitates quick decision-making, says Aditi Balbir, founder and CEO of V Resorts.


Get Your ‘Why’ Right

“That’s if you have not already! It is the key to managing your startup well. Your startup ‘why’ is what will get you through the challenges of early years, attract amazing talent, keep the team aligned and help in making better decisions, explains Naqvi.


Manage Your Targets

Encourage employees to set monthly targets for themselves and keep track of their performance through a weekly system.

“At the end of the month I shouldn’t have to ask why they missed their target (if they did), I only hear and comment on their plan to achieve next month’s target,” says Balbir.