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@EmergeOut Conclave Nasscom 2008 - Evolving A Strategy For Startups & Emerging Companies
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Are you the one who gets up early in the morning and think to snub your tempting jobs of lakhs of rupees to start your own? Well if you fall in the category then you must be definitely wondering how to go about it? Do you wanna know the success mantra or right strategy which leads a startup to success? Well to all those rising doubts of yours here’s the sneak peek at one of the session at Emerge Out – 2008 which focused on the need of a an early stage startups and emerging companies “Evolving a Strategy for Startups & Emerging Companies” . The session was all about the basic parameters rather to say basic essence which can take a company to make big and an entrepreneur successful.
The session was presided over by an eminent panel with significant experience in evolving the strategy of their respective organizations. Read further to hear what they have to say.
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Sashi Reddi, Founder & Chairman, Applabs:
Sashi drove the point -Â Even a flawed strategy with great execution can make a successful company of course one cant deny the fact that a CEO in an Emerging Company need to use strategy and execution like a paddle in the boat.
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Partha Parthasarathy - Chairman and Chief Executive Officer, NuStreet:
Partha ,an Engineering graduate, who worked for Wipro in its early days and then went about creating Computer Garage, a computer services company and then Aztec Software and finally NuStreet. Truly an entrepreneurial journey. He summarized strategy in 5 very promising convictions for gen next entrepreneur.
* Work on an idea which has potential to “Change the World” ( might be in their own little way)
* Its must for an organization to have “Right People” to grow.
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Navyug Mohnot – CEO & Founder, QAI India:
The strategies which works for entrepreneurs in long run and build strong foundation according to Navyug are :
1.     Believe, intend, wish, visualize
2.     People are not your Most Important Resources – It’s the “RIGHT PEOPLE”
3.     Execute, Execute, Execute
4.     Reinvent, Re-imagine, Re-Define yourself constantly.
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Madan Padaki, Co-Founder & CEO, MeritTrac:
The most effective of all was Madan with some valuable tips ( which I personally feel is often ignored and is essential to build a successful foundation) Well here it goes:
* Develop a network and genuinely help others cause it will pay you back one day
* Manage the Image -Â Have an advisory panel consisting of people who are well known, and it would help you grow your credibility.
* Use press effectively.
* Talk to people about your business everywhere.
* Woo your customers and win in the long term! There is no better sales person than a satisfied customer.
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Very interesting indeed.
Specially the points by Madan.