Skip to main content

Posts

Showing posts from May, 2004

Kacharagadla Featured Article

5 Ways to Validate a Business Idea, Right Now

Don't let your day job or lack of capital stop you from finding and testing a business idea. Here's how.
Last year, I embarked upon a personal challenge to validate a business idea in 30 days. To make it even more difficult, it was a random idea chosen by my readers. They asked me to do it without using my existing website, traffic and business connections and without spending more than 20 hours per week on the project. On top of that, I limited myself to spending no more than $500 validating this idea. The experiment was a success.In just two weeks, I built an email list of 565 subscribers without having an actual website. Then, I reached out to a handful of those subscribers and pre-sold 12 copies of a book that didn't even exist yet, all in less than 30 days. I wrote about the experiment in real-time with in-depth weekly updates, successes, failures and lessons learned along the way, right here in my validation challenge. Today, I want to share with you the five most effect…

Naidu, India's leading reformer

Fifty-four-year-old N Chandrababu Naidu, who was humbled on Tuesday whenAndhra Pradesh voted him outas the state's chief minister, has been the most visible face of India's economic reforms and information technology revolution. He managed to coax global IT giants Microsoft, IBM, Dell, Computer Associates and Oracle to set up shop in Hyderabad, when India hardly featured on global IT majors' radar. Naidu made an impressive presentation before global CEOs and convinced them to invest in his state. But despite his growth-oriented policies, Naidu suffered a massive defeat at the hustings as the Andhra Pradesh voter cast his mandate in favour of the emotive issue of a separate Telengana state, which has been 'starved of development funds.' Naidu, however, won international and domestic acclaim for taking Hyderabad places, making it a major for information technology hub. He was ranked amongst most innovative reformers in India, who implemented e-governance in his state an…