Here we begin to explore the current status of Zoho a bit further. Impressive numbers considering there has been no advertising campaigns conducted. The business model is simple – let users try the service for free, when they are comfortable they will migrate over. Afterwards, they compete based on pricing (less than 20% of the
Interesting comparisons here by Sridhar between the Zoho CRM and the SalesForce CRM products; while SalesForce has a high focus on sales teams (and one of the best telesales teams anywhere in the world), Zoho is simply looking to take a competitive advantage in terms of pricing. According to Sridhar this shows in the construct
You have read many of my interviews on this blog. Here’s a synthesis of some of the case studies I have done, in an interview format. These differ slightly from the series that I have titled Role Model Interviews, since in this series, I go into the company and its strategy, market, financing, etc. in
AdventNet provides a safety zone from which to launch Zoho, which is why I was looking to gain an understanding of the revenue and cash position of the company. While competition will be stiff from Google and Microsoft, as well as other CRM and group meeting companies, Zoho seems to have a unique philosophy of
During the downturn after the bubble burst, many companies took significant hits. Here, it is revealing to notice there was really only one tough year for Adventnet, which could actually be described as an R&D year. That could have taken place anytime in the company’s history. The bubble burst did not destroy the company, they
Sridhar’s experience in bootstrapping is something to learn from, especially for entrepreneurs in India, who keep complaining about the lack of funding availability from venture sources. Along the way, he weathered many storms, as all good entrepreneurs learn to do. SM: How did you fund your early initiative? SV: It was all bootstrapped. My wife
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. [Also check out my Entrepreneur Journeys book, Seed India – How To Navigate The Seed Capital Gap in India] Sridhar Vembu is the CEO of AdventNet, which owns Zoho, a new on-demand office suite we’ve been hearing about a lot lately. I spoke with Sridhar about his rather unorthodox but