Fast-Track Your Startup Dreams By Joining A Successful One

Learning From Failure Might be a Tad Overrated By now, we've all heard a lot about how important it is to fail, how we need to start failing immediately - in a sense so we can find about what NOT to do the fastest way possible. Of course, we've all seen this happen, so I'm not about to debate its veracity. There might be an alternative though. Instead of learning from failure, why not learn from success? Instead of concentrating on what NOT to do, why not focus on WHAT to do? How can you do this as someone who wants to develop his own startup? One way is to go join a successful one. My Chikka Days When I think about it now, my five-year stint in Chikka really fast-tracked … [Read more...]

I’m Back!

If I'm not mistaken, I think this has been the longest time that has elapsed that I haven't written here. (where I wasn't sick or indisposed) Apologies. Given the rains, I actually had a lot of time to write, but I found myself spending a lot of time thinking and regrouping instead. Given all things I've been diving into and experiencing lately, I think I needed to take a step back. Needless to say, we'll be back to standard programming by tomorrow! Enjoy the week! … [Read more...]

Just Touch the Water

It still amazes me how so many of the largest companies in world started out as some crazy idea in someone's head. Then, these individuals began talking about it with another person. Perhaps Larry invited Sergey over for a coffee chat, perhaps Steve started an argument with Woz, Hewlett started brainstorming with Packard, Procter meets with Gamble for the first time, and so on. As the idea is shared, it separates itself from one individual and takes on a life of its own. Now, two or more people get excited about it. More talks are scheduled. More energy is generated. Perhaps more people involved. Then things get actually tried out. Soon, papers get signed and boom, a … [Read more...]

The Behemoths, Boutiques, and the Breakthroughs

Looking at the Philippine landscape, in a few years I think there will be two major types of firms here in the our country: The Behemoth They are already here, and they will grow even bigger. I've recently pitched to a couple of BPO firms who project to number in the 50,000's by next year. That is a mind-boggling number of people to manage. Already, I feel for the would-be HR Heads of these firms. I think this trend would just continue on the next few years. Why? Well, first of all I think the first world will continue to push even more work our way. We have seen this trend happen as more and more processes APART from voice support are gradually entrusted to BPO's here. We … [Read more...]

Sometimes, Interest Can Trump Passion

It's probably THE MOST overused cliche in the entrepreneur world, right? Find something you are passionate with! You will never work a day again! This is true of course. (which is why its a cliche) I do think though that for some people, this gets in the way because people try to look for their passion in the SUBJECT of the idea, when sometimes, DEVELOPING A STARTUP itself is the passion. There are a number of entrepreneurs now I talk to who I think face this dilemma. "Peter, there are these ideas I have which are interesting and I think can make money, but I'm not really sure I'm SUPER passionate about. What I am REALLY passionate about are comic books and food, but I can't … [Read more...]

Nine Book Reviews for the First Half of 2013

Haven't done a book review in awhile! I have plowed through more than a couple of good books (and some meh ones) over the course of the last few months. Here's are some quick recommendations: 1. The Icarus Deception, Seth Godin As a big Seth Godin fan, this was the book I was drooling about in 2012. So much so that one of the first activities I did in 2013 was to read it. (it was released January 1) I have to say - I was a bit disappointed (something I never would have imagined I would say for an SG book). The book is mainly about not being afraid to pursue your dreams. If I read it in a vacuum, I probably would have enjoyed and gotten more out of it. But coming from reading … [Read more...]

The Compass, The Anchor, and The Propeller

When we moved into our new office, we were in a momentary quandary about what to do with a good-sized room that was right smack in the middle of the layout. We could turn it into another meeting room - you could never have enough of those. Or perhaps a designated interview room? Incubate a startup idea (or two)? (such a temptation!) Then, it hit Pao and I at the same time - we just HAVE to turn it into a prayer room. It's obviously not the bottom line-friendly alternative, but knowing our history, it just made too much sense to put a prayer room in the middle of the office. This was our little way of honoring the God who has been so faithful to us and our journey. Prayer … [Read more...]

6 Tips to Ensure Your Idea is BIG Enough

Don't fall into the trap of the small idea. Here are 6 tips on how to avoid doing so. 1) Pick a painkiller I touched on this a bit in a recent post. A painkiller is something someone very urgently needs. He would be willing to pay for it NOW if you could make the pain go away. On the other hand, a vitamin is a nice-to-have. Ask potential customers if your idea is a painkiller or a vitamin. CHOOSE to go after painkillers. (no matter how sexy an idea the vitamin is, you're bound to have better success with the painkiller) 2) Don't stop with founder credentials "Hey I like travel! I really could use an app which could tell me where all the best restos and resorts are when I … [Read more...]