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PostPosted: Sun 3:32, 18 Aug 2013    Post subject: The 5 lessons entrepreneurs must learn from the In

The 5 lessons entrepreneurs must learn from the Instagram deal
So let's assume that you had Rs 5200 crore and wanted to buy a company on the Mumbai Stock Exchange. Fancy a solid engineering business? Just pick up Thermax for Rs 5300 crore. Wanna be 'super cool'? Buy Voltas! It's available for Rs 3900 crore. Don't feel like working anymore? Wanna retire? Well, choose The East India Hotels (aka Oberoi) for Rs 4800 crore or The Indian Hotels (aka Taj) for Rs. 4700 crore!
Having tempted you with these splendid buys,Isabel Marant Shoes 2013, would you allow me to force you instead to buy a business that is less than two years old, has no revenue (yeah,Isabel Marant, you read right), has no plans to make revenue, and employs just 13 people? Let me add,isabel marant sale, a business that doesn't even have a real business plan?!
Well, I am not drunk (or hungover) on a Sunday morning. I am in my senses when I tell you that Facebook has bought a little known Company called 'Instagram' (the puny company I was pushing at you), for Rs 5200 crore!!
Now that we're on the same page,cheap isabel marant, allow me to circle back. Back to my cave. Back to when I saw the flash of light.
There,Isabel Marant Sneakers Online, I saw the Goddess of Internet herself, smiling and shining! She blessed me and said,roger vivier pumps, "Son, your tribe of Internet entrepreneurs has prayed to me long and hard. Your time has come. Now and forever, remember the five stars that will always show you the path to glory. She pointed to five stars that shone like mini suns in a still dark sky.
The Goddess disappeared, but the stars remained, shining bright. In these few days,isabelle marant sneakers, this is what the five stars have started teaching me:
Instagram is an 'app'. (Silly young people make acronyms of everything; during the good old British Raj it was called an 'application'.) Now, the Instagram app is free (like fresh air and love) that mobile phone users all over the world can use to 'dress up' their otherwise banal phone photographs. Users simply use Instagram's amazing filters and effects on their dull photos and then publish the new 'polished' photos on Facebook,Isabel Marant Shoes On Sale, Twitter,isabel marant dicker boots, etc.
Instagram makes you look like Atul Kasbekar or RaghuRai,Cheap Isabel Marant Shoes, even though you are really a tax embezzler who doesn't even know how to use your phone camera.
Now, if you are a Marwari accountant (like me) and are trying to figure out how much you are charged to become an ace photographer, you are in for a shock. Instagram does not charge its users anything. when the amount is 1 billion dollars, you are supposed to pronounce it as "dollarzzz",cheap soccer cleats for sale, as the Goddess said.]
The Zero Revenue Star teaches me that my meditation should be to delight people, to make them feel special, to make them do things they could never do before all this, without charging them. In doing so, I in turn, will become very valuable!
The Acquisition Star teaches me that if I remain fanatically faithful in creating what I think is 'delightfully helpful'; then someone else will believe me,Isabel Marant Shoes online, my product and buy me. And at that time it will not matter if I have revenues or teams or brand gyaan.
In the past 96 hours,isabelle marant boots, the Five Shining Stars have begun to redeem me. A struggling Internet entrepreneur,giuseppe zanotti Online, long shunned as someone who burns VC money, dreams of castles in the air, creates companies with zero revenues and demands heft valuations, has seen the light!.
Yes. All pages of the Website are subject to our terms and conditions and privacy policy. You must not reproduce, duplicate,giuseppe zanotti wedding shoes, copy, sell, resell or exploit any material on the Website for any commercial purposes.
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