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Parag Arora

Archive for May, 2010

The prelimenary – what you gonna do

Just want to write few of the learnings I can recapitulate today out of my experience last year with travelomate.  I would focus on the required things you must do or think upon, before you decide what you are going to do. I really honor if you already have done all the things for anything you going to do in market, but would insist anyways to do an exhaustive analysis before you actually dive in.

Before I write down anything else, I would like to drop in a single learning which I carry out throughout every task and forms critical importance of all the steps

  1. Focus on all the small things You, for sure will be able to appreciate this point when you go out in the market. This is something which is going to give you much added advantage over everything else with a comfortable entry barrier. With people to work and care taken while execution of every single step, things always results in beautiful outcomes.
  2. Gather lot of related market data for analysis Lets come back to analysis now assuming that above mentioned sort of advice will always be given an utmost importance. First part of every plan starts with market or industry analysis. Even if your idea or plan seems overwhelming enough for you to skip this thing, you should be very strict to yourself gathering negative data for you too to make you strong enough to fight against them when the right time comes. Read lot of related blog (I prefer Google Reader ) as others’ experience is always going to help you a lot. I would rather advice you to make an account over delicious and preserve all your bookmarks there so that you can share with me or even yourself later :)
  3. Not only this… but ….  principle This is why I am writing this blog. As you may have already figured out by Read the rest of this entry »