SM: Did you have the same business model approach with Microsoft as you had with Borland?
TC: Yes. We put some ‘nag ware’ in the product to check for updates. When you started Crystal Reports it said ‘Welcome to Crystal Reports, please register now or later’. >>>
The recession took its toll on Microsoft this quarter. For the first time in the software giant’s 23-year history as a public company, revenues declined year on year. >>>
Zero-In this week focuses on another bootstrapped business opportunity that can double as a healthcare reform strategy as well. Read Health Care’s Big Opportunity.
SM: What was the first product you built for your customers?
TC: We built a little product called Quick Check, which was an instant check writer. The existing accounts payable function only let you write a batch of checks, which was problematic when the courier showed up with a COD. Our little product allowed small business owners to write a single check. >>>
For those of you looking for another opportunity to discuss your businesses ideas and strategy issues, the next roundtable will be on April 30th. You can access registration information here.
And if you are in the Bay Area, I will be moderating a live panel on Bootstrapping for the MIT Club of Northern California’s entrepreneurship program the same evening. You can register for that event here.
The Indian IT industry does not seem to be on a recovery path. With the way most players are going, I am doubtful the industry will find its way to recovery in the near future. >>>
SM: Let’s start by talking about your background. Where are you from?
TC: I am from Vancouver, Canada. My family grew up in Montreal and my father moved to the west coast in the 1960s. In Montreal there was a group called the FLQ [Front de libération du Québec] that started to terrorize the city for the French separatist movement. It got ugly, so in 1966 he decided to move.
Please join Sramana for a free Strategy Roundtable online next Thursday, April 30, 2009, 8AM to 9AM PST/8:30PM to 9:30PM IST.
During the roundtable, which is hosted by TiE New Delhi, Sramana will be offering her expert advice on product strategy, channel options, positioning, financing, and other topics to entrepreneurs with new businesses and ideas.
During this 60-minute session, entrepreneurs can pitch their business ideas to Sramana in three-minute presentations. She will review the material in real time and provide feedback on each pitch, as well as address specific strategy questions from each entrepreneur. Afterwards, she will take questions about strategy from other participants. The session is open to 1,000 people but only the first five to sign up will have the opportunity to pitch to Sramana and discuss their business.
Everyone is welcome to attend.Register now!