Year: 2018

Finding the Right Market for Your Product: Tips and Tools

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As a business owner, it’s important to know whether your product meets the needs of the market. This fundamental question requires a thorough understanding of your product’s capabilities and how it can bring value to potential customers. So, how can you determine if there is a gap in the market for your product?

In a video, Prasanna Krishnamoorthy, Partner at Value Saas Catalyst firm Upekkha and experienced entrepreneur, offers some tips and tools for finding the right market for your product. He emphasizes the importance of solving a problem rather than just building a business, and shares insights on how to do effective research.

Krishnamoorthy suggests looking beyond traditional sources such as surveys and focus groups, and instead exploring platforms like Yahoo Answers and Upwork. These sites allow you to see the questions people are repeatedly asking and the types of solutions they are seeking. Additionally, he encourages entrepreneurs to think about their target customers’ behaviors and preferences, and to consider where they are looking for solutions.

Ultimately, there is no one-size-fits-all solution to determining if the market needs your product. It requires a combination of research, analysis, and understanding of your product and target customers. However, by utilizing a variety of tools and strategies, you can increase your chances of finding the right market and achieving success.

Mastering MVPs: Launching Efficiently and Effectively

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Video on Minimum Billable Product

Considering launching a product? Focus on a Minimum Viable Product (MVP) – a core version with essential features to gauge customer interest and eliminate unnecessary elements. MVPs are crucial for obtaining customer feedback, improving products, and reducing waste.

Prasanna Krishnamoorthy, founder of Upekkha and former Microsoft Accelerator member, discusses MVPs and his concept of Minimum Billable Product in a video from the Start-up 101 series. This series provides concise, straightforward solutions to start-up questions, helping entrepreneurs build strong foundations before navigating the complexities of start-up life.

Product Management Book || Product Demo || Market for your product

Tips for Managing and Planning Personal Finances

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Managing personal finances is essential for everyone, regardless of gender. It is crucial to have control over your finances to ensure financial stability and independence. In this article, we will discuss the importance of managing and planning personal finances and provide some tips for taking control of your financial wellbeing.

The first step is to track your personal finances, including all expenses, no matter how small. You should also analyze your income versus expenditure and ensure that you are saving a reasonable amount of your income. Controlling your expenses and maintaining a balance is the key to efficiently handling your finances.

It is also essential to set financial goals, both short-term and long-term. This will help you stay focused and motivated towards achieving your financial objectives. You should also create a budget and stick to it as much as possible.

Investing your money is another critical aspect of managing your finances. You should explore different investment options, such as stocks, mutual funds, and real estate, and choose one that best suits your financial goals and risk appetite.

In addition, it is crucial to have an emergency fund in place to cover unexpected expenses such as medical bills or car repairs. This will help you avoid taking on debt or dipping into your savings.

Finally, seeking professional help from financial advisors or planners can be beneficial in creating a solid financial plan and achieving your financial goals.

In conclusion, managing personal finances is essential for everyone. By tracking your finances, setting financial goals, creating a budget, investing wisely, having an emergency fund, and seeking professional help, you can take control of your financial wellbeing and achieve financial stability and independence.

PoSH Act 2013 India: Understanding the Law and Its Importance

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The Sexual Harassment of Women at Workplace (Prevention, Prohibition, and Redressal) Act, 2013, popularly known as the PoSH Act, is an essential law that aims to prevent and address sexual harassment against women in the workplace. The law was enacted on 9th December 2013 and came into effect on 9th December 2014. The PoSH Act India is a significant step towards promoting gender equality, women’s empowerment, and ensuring safe and healthy work environments for women.

The PoSH Act India covers all women who work, whether permanent, temporary, contractual, or casual. It applies to all workplaces, including the private sector, government offices, and NGOs. The law defines sexual harassment as any unwelcome act or behavior (verbal, non-verbal, or physical) of a sexual nature that creates an intimidating, hostile, or offensive working environment. It includes but is not limited to, physical contact and advances, demand or request for sexual favors, sexually colored remarks, and showing pornography.

The PoSH Act India mandates all workplaces to set up an Internal Complaints Committee (ICC) to address sexual harassment complaints. The ICC comprises of a presiding officer, two members from the employees’ side, and one member from an NGO working in the field of women’s rights. The ICC has to investigate and dispose of complaints within 90 days. It can recommend actions like warning, censure, apology, compensation, and termination against the perpetrator.

The PoSH Act India also requires every workplace to have a complaint mechanism that provides for anonymity and confidentiality of the complainant, protection against victimization, and support services. Employers are obligated to conduct regular awareness programs on sexual harassment and the PoSH Act. Failure to comply with the law can lead to hefty penalties, including fines and imprisonment.

Sohini Mandal is an expert in the field of workplace harassment and has made significant contributions towards promoting awareness and implementation of the PoSH Act India

TaiChi and Qigong for beginners by Expert

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Taichi and Qigong as an exercise

Tai Chi is a martial art form that has gained popularity as an exercise routine for people of all ages. It focuses on the flow of energy, called Chi, throughout the body. Qigong, a related practice, involves deep breathing, gentle movements, and meditation. Both are beneficial for physical and mental health.

Tai Chi and Qigong provide numerous benefits, including improving balance and reducing stress. It can help with chronic pain, cardiovascular health, and even immune system function. These practices are also low-impact, making them ideal for people with joint issues or those who are less mobile. Tai Chi and Qigong are also great for beginners, as they can be tailored to fit each person’s individual needs and abilities.

Anyone looking for a low-impact exercise routine that promotes physical and mental well-being should consider Tai Chi and Qigong. They are particularly beneficial for older adults who may need to focus on balance and preventing falls. They are also great for anyone looking to add a calming and meditative practice to their daily routine.

Tai Chi and Qigong are ancient practices that have been proven to provide numerous physical and mental health benefits. They are suitable for people of all ages and abilities and can be tailored to fit each person’s individual needs. Incorporating Tai Chi and Qigong into your exercise routine can improve your overall health and well-being.

Importance of breakfast as we age || Osteoporosis

Lakshmi Sharath – A Travel Blogger’s Entrepreneurial Success Story

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Journey your travel

I am just a Vagabond. Lakshmi Sharath is, in her own words, a storyteller, a traveler, travel blogger. Basically, she has made travel as a career.

In today’s world, success strategies in India revolve around being versatile and having the courage to change careers. Lakshmi Sharath, a travel blogger and storyteller, is a perfect example of this. She left her successful career as a vice president in a media company to pursue her passion for travelling.

Lakshmi’s decision to switch careers was driven by the need to grow as a person and escape the toxicity of her work environment. She understood the importance of career growth tips in India and was determined to follow her heart. Travelling and writing had always been her passion, and when she got an opportunity to take a break from corporate life, she seized it.

As Gustave Flaubert once said, “Travel makes one modest, you see what a tiny place you occupy in the world.” Lakshmi believes that travel helps you realize that you are a nobody. She had the courage, boldness, and desire to evolve as a person, and quitting her job was the first step in that direction.

Lakshmi’s career in media led her to create her own travelling blog, where she shares her experiences and adventures with her followers. She is a living example of the importance of entrepreneurial education and investing in oneself. By giving up her corporate career, she was able to pursue her own agenda and dedicate more time to her travelling career.

In conclusion, Lakshmi Sharath’s success story is a testament to the fact that success strategies in India revolve around being open to change, having the courage to pursue your passion, and investing in oneself. Aspiring entrepreneurs and professionals can learn from her experience and make the necessary changes to achieve their goals.

Diet for a traveler || Dream Careers

Team Indus: From Lunar Xprize to Inspiring a New Industry in India

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Team Indus and their dream

In January 2018, the Google Lunar Xprize announced that no team had won the competition, and none had been able to launch their rover by the deadline of March 2018. This was due to a range of challenges, including fundraising difficulties, technical issues, and regulatory hurdles. Despite not winning the prize, Team Indus, led by Rahul Narayan, an IIT Delhi alumnus and founder, has inspired and paved the way for a new industry in India.

Team Indus was founded in 2010 with the goal of developing a privately-funded mission to the moon. They entered the Google Lunar Xprize in 2011, and in the years that followed, the team grew to over 100 people. The competition was challenging, but the team’s persistence and dedication helped them overcome many obstacles along the way.

While the Lunar Xprize provided an initial goal, the team quickly realized that their mission went beyond winning a prize. They wanted to create something that would inspire and encourage people, not just in India but around the world. “We realized that the impact of this mission is far more than landing on the moon,” Ravishankar explained. “It has to be something that sustains inspiration.”

Through their work on the Lunar Xprize, Team Indus unlocked a whole new industry in India. They demonstrated that it was possible for a private company to undertake a space mission, which had previously been the domain of governments. The team also inspired a new generation of scientists, engineers, and entrepreneurs in India, who saw that anything was possible with hard work and determination.

Team Indus is representative of the most exciting things about India: a young team with an entrepreneurial spirit, unreasonable craziness, and the idea that ordinary people can achieve extraordinary things. They have shown that even if you don’t reach your initial goal, you can still achieve great things and inspire others along the way.

In conclusion, Team Indus’s journey from the Lunar Xprize to inspiring a new industry in India is a testament to the power of perseverance, determination, and the belief that anything is possible. Their story is a source of inspiration for people around the world and demonstrates that, with hard work and dedication, even the craziest dreams can come true.

Building a strong team || Rajinikanth and his inspiring dialogues