Nomad Lane Co-Founders Kish Vasnani and Vanessa Jeswani bootstrapped to multi-million dollars in revenue selling a private label product before quitting their jobs. In this story, you also get to see the nuances of running successful (and not so successful) crowdfunding campaigns. Their very interesting journey and insights were shared with me in 2021. Sramana
By Guest Author Steve Owens The sole purpose of product development is to generate a positive return on investment. Consequently, it is interesting to note that more than 70% of product development projects fail to produce a positive return on investment. Product Development is risky and always requires some trial and error. However, great companies continuously improve, and product development
By guest author Tony Scott Looking to the Future Tony: If you think about five years from now and say: “My vision of the work we will be doing and of my company five years from now is going to look like this,” what do you think you are going to look like? Anand: We
By guest author Tony Scott The ODM Model – Will It Happen for Software? Tony: Building products faster at a lower cost because you have in-depth expertise in a market segment and are componentizing part of the product development process – it’s going back to your example of Flextronics for software. Will we see ODMs
By guest author Tony Scott The Challenge of Internal Cultural Change Tony: From what we’ve heard and what I’ve seen with my executive search clients, to find that kind of person who can culturally work in a consultative, solutions-driven environment, you need to find people with both expertise and a positive, proactive mindset. One of
By guest author Tony Scott The Challenges of Delivering Globally Tony: Are selling your services mostly in the United States and Europe, or do you also have clients in Latin America, Asia, and Africa? Anand: Yes, mostly [in the United States and Europe]. Nothing in Latin America, nothing in Africa. In Asia we are doing
By guest author Tony Scott Human Capital – The Critical Limiting Factor? Tony: Your three key points about the future of outsourcing all make good sense. Those three points that I picked up that are as follows: One is that moving out of the labor arbitrage value proposition and into a pure competency-based value proposition
By guest author Tony Scott Outsourcing and the Mind of the CEO Tony: Anand, how have you changed the way you have gone about marketing and selling your services over the past few years? Have you changed your approach since the downturn?