Sramana Mitra’s next FREE online Positioning Roundtable for entrepreneurs is this Wednesday, October 21, at 8 a.m. Pacific Time. You can find more details and register here. All are welcome to attend.
SM: What is happening on the retail side?
AG: Lots of interesting stuff is happening in retail, financial services, and education. One way to look at India is as a readjustment of a standard of living. Everything that goes into standard of living is in a boom phase. >>>
In one of this week’s Entrepreneur Journeys interviews, Ashish Gupta of Helion tells us like it is for venture capital in India. For this and the rest of this week’s posts, click on the full article. >>>
SM: There was a wave in the category of mobile value-added services. What is your synthesis of that at this point?
AG: The biggest challenge for most of the companies at this point is that the carriers choose to keep 85% of the revenue. They expect the startup to put in the capex to get the service going. In large measure, it resembles a crapshoot. >>>
SM: What about entertainment?
AG: There are a lot of Bollywood and music sites. They have unclear business models, but traffic continues to grow and they are able to pay for themselves. Those continue to flourish. >>>
SM: Where are Indian entrepreneurs coming from?
AG: Amazon India has produced several entrepreneurs. They were people who worked for Amazon in India. Similarly, people who worked at Yahoo! India have produced several companies. >>>
George Dearing plugged Sramana Mitra’s Positioning book on his blog, George Dearing dot com:
“Enjoying Sramana Mitra’s 3rd book. I’d recommend it to anyone working on new business models or trying to manage a product or services portfolio. Bootstrapping is the order of the day!”
Positioning is available from Amazon in paperback and Kindle, and from Smashwords.com in all e-book formats.
According to a preliminary estimate from iSuppli, global PC shipments grew 9.8% sequentially in the third quarter. This week, Intel Corporation (NASDAQ:INTC), the world’s largest chip maker with annual revenue of $37.6 billion, reported strong third quarter results driven by the rebound in the PC market. Let’s take a closer look. >>>