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Proto04 Day1 – Kiran Karnik’s Keynote

July 18, 2008

What: Day

When: Friday 18th July 2008

Where: Seminar Hall, IIT Delhi


9:15 am – After initial activity and formalities event has started with the keynote address by Mr Kiran Karnik, Former president NASSCOM

Kiran’s Gyaan

Today we have startups with new ideas – not doing same old things in same old way

Focus Business problem u are solving and not the technology

Build on operational efficiency .. innovation … domain expertise …

Startups need Networking …. not money but person who can open doors for you

Kill Ego !! You do need mentoring. Asking right and difficult questions and guide you through grilling questions

Again Focus should be away from Technology ….. Motherhood statement yet always forgotten

Need of the hour is startup which can provide unique solution – these were not there 3- 4 years back …. focus on collaboration between International SMEs

Put this together why is kiran excited about India and the event

time is perfect
growing ecosystem and market
Its something that needs to be done quiet often …nothing is as important as sharing ideas ….


Q. Domestic industry ignored … conservative when it comes to ideas ..

A. Ideas are very very strong … In India we are good at finding strong ideas …. or bypasses or the jugaad …. that comes from diversity and adversity …
Indians are very apprehensive to change …
with inflation and bottom line hitting – one should be open to new ideas …

Q. words of advice to the startup

A. most important – look outside and inside country …. inside country look at rural … health etc …don’t just look at normal …. don’t go for proven concepts …. Risk is there but you got to face that risk …

Q. startup scenario – what about opportunities in gov sector ? They don’t entertain startups? What is gov doing to support them? how a startup decides on his own

A. Gov sector – Huge and growing market … but its unfortunate that gov sector is not open … perennial problem .. bars like 5 years exp and min networth are not relevant for s/w … Its a battle …we will have to fight it …we have people in gov who want this to be changed …. this difficult battle is to be faught collectively

Market forces – they will determine …Idea is great or not is to be decided by market that is sad but thats how it is …. However market can be fooled by hiring outstanding marketing guy …. a marketing guy can put up empty canvas and sell it saying that its hussain’s painting …. 🙂 Any new idea faces difficulties …. nobody is ready for change … New idea new company is tough battle … you will have to fight it 🙂 that is not an easy battle you choose to fight it …FIGHT IT … 🙂

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