Blogs

Will Indian pharma companies please stop bribing doctors now?

Startup Mentors

Even though doctors have always known that it's unethical and illegal to accept gifts from a pharma company, they have merrily continued to accept these. This has been well documented, and the medical profession has received a lot of flak for this infamous doctor - pharma nexus....

February 27, 2017

The inspiring story of a successful docpreneur

Startup Mentors

I recently had the pleasure of listening to Dr. Vikram Shah of Shalby Hospitals at the IKS Healthcare conclave and I was very impressed. Dr. Vikram Shah is a pioneering orthopedic surgeon. who has performed a very large number of hip replacement surgeries. He is a first generation ...

February 25, 2017

HR and the hiring winter

Startup Mentors

With the onset of the funding winter, lots of startups are finding it hard to survive . One of the first casualties is hiring. There used to be a time when they had so much money to burn that they would hire people by the boatload. They were on a reckless growth spree , because this...

February 22, 2017

Doctors, patients, uncertainty and medical ignorance

Startup Mentors

We all think of medicine as being a science. After all, isn't this is why doctors spend so many years burning the midnight oil, so that they can study anatomy , physiology, pathology, pharmacology, and master the content of fat medical textbooks . Doctors base their treatment on...

February 18, 2017

Why doctors are fascinated by zebras

Startup Mentors

A big problem with medicine today is that it's become so super-specialized . The brightest doctors spend years training in order to acquire mastery over a very small sub-domain of a particular specialty. This is why we now have pediatric neurologists and non-invasive cardiologis...

February 11, 2017

Why I prefer funding the mature down to earth founder

Startup Mentors

The mental image most of us have of a successful entrepreneur is Steve Jobs - an eccentric who was deeply passionate about what he cared about; and extremely idiosyncratic. He was able to do things which everyone else thought was impossible , and we have started believing that these...

February 21, 2017

The one question I ask all entrepreneurs

Startup Mentors

Lots of entrepreneurs reach out to me because they want to raise funds , and I am happy to interview them. When they pitch, they spend a lot of time talking about their market; their product; why they think they will succeed; and why I should fund them. While all these are importan...

February 16, 2017

The problem with passionate founders

Startup Mentors

Investors know that trying to pick the right startup to fund is a hit and miss affair. We do a lot of due diligence and analysis, but the truth is that it's usually a gamble because it's impossible to predict which one will succeed , and which one won't. After all, at su...

February 14, 2017

Why do most startups fail?

Startup Mentors

It's a sad fact of life that the vast majority of startups are doomed to fail. If you stop to think about it, this is quite surprising. After all, entrepreneurs who choose to found a startup are usually bright, confident, and willing to take on risks . Even though they know t...

February 10, 2017

Are Indian angel investors too risk averse ?

Startup Mentors

Lots of Indian entrepreneurs feel that Indian investors are very backward and timid . While they're happy to fund copycat clones , they're not willing to back a courageous solo entrepreneur who has an earth-shattering idea which can change the world. Lots of them compare Ind...

February 07, 2017

Creating financially viable startups - which problem should a startup tackle ?

Startup Mentors

A startup founder starts with a clean slate , which means he can tackle any problem he selects. Often this is a problem he is very passionate about solving - but he hasn't bothered to find out if anyone will pay for the solution. This is a big issue with techie founders who crea...

February 03, 2017

Data analytics - the wheat and the chaff

Startup Mentors

Data analytics has become a hot area , and everyone wants to know how they can use machine learning ( ML) and artificial intelligence ( AI) to make better decisions. We are drowning in data, and want to know how we can make use of it intelligently. How do you transmute Big Data into...

February 04, 2017

Amazon marketplace is a trap for small retailers

Startup Mentors

One of the companies I have great regards for is Amazon. I am an Amazon Prime member and order stuff from it all the time. Most of my purchases are books, and I do a lot of my reading on my Kindle. I've always been grateful about how much value Amazon has added to my life. I jus...

February 05, 2017