I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Cliffs V
Cliffs V | Sramana Mitra, 2020 | Watercolor | 9 x 12, On Paper
This bundle of courses is for tech entrepreneurs who love Europe as much as I do. If you’re interested in launching and building a startup on the European continent, consider taking all or some of these courses.
>>>Sramana Mitra: I was recently talking to the founder of HubSpot. His observation when they started was that people were trying to do inbound marketing by starting blogs and then tying together some level of CRM. He said that nobody had an integrated solution, so he chose to build one.
None of the categories that constituted this integrated system were number one. They were number four or five, but they were the only ones that had an integrated system. What approach did you take in designing and determining what product to go to market with?
>>>In case you missed it, you can listen to the recording of this roundtable here:
During this week’s roundtable, we had as our guest Deepak Gupta, Founding Partner at WEH Ventures, discussing his fund’s pre-seed and seed funding strategy for Indian startups.
After that, we spent an hour on a workshop on how to teach entrepreneurship using the 1Mby1M methodology and case studies.
You can listen to the recording of this roundtable here:
Sramana Mitra: I have another example. It’s the example of Damien Hirst. He’s a very famous British artist. He jumped on the NFT bandwagon. He said he’s going to create a large number of artworks that are connected to NFTs. These are not digital artworks to begin with. These are physical artworks that have an NFT tie-in. That requires a different infrastructure. Have you seen this developing?
Hamiz Awan: NFTs are just a concept or a platform for people to innovate. Some people are going to say, “We’re going to have a physical item represented by an NFT.” Some are seeing them as experiences. Mike Tyson sold a weekend with him for $300,000. He would train you. That’s what he sold.
>>>Inbound marketing specialist HubSpot (NYSE:HUBS) recently reported its third quarter results that continued to surpass market expectations. HubSpot remains focused on its product strategy to ensure that it expands its reach in both small and large businesses.
>>>I’m a big advocate for building small, capital-efficient startups. Not all entrepreneurs need to chase Unicorns. Not all investors need to chase Unicorns. There are many more viable ideas for those smaller ventures and there are considerably more opportunities for their exits, which means cashing in earlier on your hard work.
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