Bootstrappers group meeting at Bangalore

by Ashvini on September 6, 2012 · 6 comments

in General

Recently, I attended an entrepreneurs’ group meet at Bangalore. The group comprised of a number of entrepreneurs from all walks of business. While a few were running their own successful companies, a few were testing the waters of entrepreneurship.

bootstrapper meet at bangalore

Till now, I have attended conferences that were mostly like corporate functions. The entrepreneurs at those conferences concentrated mostly on the financial aspects ignoring other aspects of business such as planning, co founding and execution. In this group meeting however, money was not a big discussion point. Instead the meeting focused on other important areas of venture management.

Taken from the groups philosophy

It is now widely understood that less than 3% of start-ups get funded at Idea stage

and <15% pre revenue in India; Given that situation a group of young entrepreneurs felt it would be meaningful to create a pragmatic platform for entrepreneurs where entrepreneurs can come and talk about their pain share their problems/issues

The format is simple:

  • Meet at 8:00 AM at a place proposed by the organizer
  • Talk about yourself and things that you are doing
  • Summarize the issues
  • Hold discussion on them
  • Network , pay the bills and take pictures

The focus was on topics such as

  • How to find a cofounder
  • How to price your product
  • How to create trust between the user communities of your product/service.
  • Various models for SAAS ( software as a service)

A discussion point was about the need of getting a cofounder. The experts had opinion that at some stage, inclusion of additional team member would strengthen the business.

Pricing is never easy and it takes some brain wrecking work to get it right. The group members provided their inputs and lessons from their experience about pricing.

All in all, it was a wonderful exercise in learning. I congratulate the organizers and also thank them for providing such an excellent opportunity to learn and network.

The group meets every two weekends on Sunday. Here are a few links related to the group

https://www.facebook.com/groups/bootstrap.blr/ : Facebook Group

http://www.meetup.com/Bootstrap-Bangalore/events/80480822/ : Event registration

So next time when you are in Bangalore, do not forget to meet this group of wonderful people. It is a great place to exchange your thoughts and learn from each other.

 

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{ 6 comments }

Nukul September 22, 2012 at 6:04 am

I guess I saw this post too late… I have been to two of the BB meets and loved the whole idea. Like you said, the informal nature of the discussion makes all the difference. Hope to see you there againn in the next meet…

Ashvini Kumar Saxena October 1, 2012 at 2:06 pm

Hi Nukul,

Thanks for your comment. The meeting is very useful I agree :)

Simon Duck September 11, 2012 at 1:32 am

I attended a training course over the past week and my experience of them, bit corporate schedules with boring lectures about the obvious, made me not want to really go. But it was so pleasant to have a training course which was free to talk about issues and do it in a simple way, much like what you are discussing above.

Regards,
Simon Duck

Ashvini Kumar Saxena September 13, 2012 at 3:23 pm

Hi Simon,

So good to see you back :). I know some of these sessions can be boring but I was fortunate to be a part of this meeting. It was informal and that is what made it fun :).

DiNaRa September 10, 2012 at 12:40 pm

It is a pity that the place is really far from me and I am not able to get there in the nearest future, although the advice you get there is what I really need now. Thanks for the links and the information.

Layak Singh September 16, 2012 at 12:58 pm

You can post your need or problems int he groups, and you can discuss there with the good folks.

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