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WHEN to BE ANGEL: Startup Ecosystem in India is Booming

The Buzz word “STARTUP” is SEXY to hear to one of the human senses ūüôā

Business Administration, Business Models, Business Networking, Business Owner, Business Plans, Business Relationships, Business Strategy, Business-To-Business, IPR Companies, Digital Agencies, Ecommerce, Entrepreneurs, Entrepreneurship, Human Resources, Industrial Design, Leaders, Leadership, Local Businesses, Local Marketing, Management, Management Consulting, Organizational Behavior, Small and Medium Enterprise (SME), Small Business lawyer, Small Business Advice, Small Business Marketing, Strategic Management, Social Entrepreneurship, Strategy, Strategic

There was a time and era in India where people use to introduce themselves as Business woman or Businessman in a conference. YOU like it or not even being in business for 12+ years I still have to opt for the word “STARTUP STRATEGIST” rather than the heavy word “LAWYER”.

According to today piece of news in¬†BUSINESS STANDARD¬†“Angel, seed stage deals down 40%”

Angel investors don’t see exits on the horizon as funding in the next stages is not as robust as it used to be

HOWEVER………..

NOW is the RIGHT TIME to INVEST in STARTUPs in INDIA as the industry has matured and YOUNG DYNAMIC STUDENTS are taking up Entrepreneurship at an early age of 18yrs which was like a fairy tale story in early 2000.

As quoted in Forbes article: Sometimes there is nothing more relaxing than coming home after a tough day at work or going on vacation and picking up a great book and turning on some background music. Millions of people read with music playing, and now one app is working to bring those two worlds together into one digital experience, all-encompassing experience.

Newly-formed startup Bubo is looking to revolutionize how people consume both books and music with one of the first ever products that combines those two forms of media. The company pairs carefully crafted music with stories, with the tunes created specifically to match what is happening in the literature, some of which is already well-known, with other options that nobody has ever read before.

One of my personal favourite Startup co-founder quote by About.me founder Ryan Freitas

‚ÄúYour reputation is more important than your paycheck, and your integrity is worth more than your career.‚Ä̬†– Ryan Freitas, About.me co-founder

Invest in a young startup which is mentored by Industry expert. As we all know universal fact YOU are known by 5 people you are around. So select a STARTUP who has the ZEAL to Reach for the SKY. More than the number it is the execution of the ideas with small term and long term goals who will succeed in future. A very good example in INDIA is¬†Zomato¬†who rebranded their brand FOODIEBAY when Ebay opposed their trademark application in INDIA. It was an overnight affair and BOOM a new baby was born. SO be very careful while¬†selecting brand name¬†for your VENTURE before you are sued by the SHARKS ūüôā

Zomato solved a problem and I talk this from my real life experience.

I was a regular visitor of Tibet Kitchen at connaught place in the back lane. All of a sudden it was closed down due to metro work. Anyhow not feeling disheartened I used to search about Tibet Kitchen online and ONE FINE DAY FOODIEBAY popped out with its lastest address.

Voila Moment for a Foodie like me !!

So coming back to the point, invest in the person rather than the idea. If simple formula can be applied investors can double the MONEY and earn $$$$$$. Currently, investors have turned cautious after the euphoria of 2015 and 2016 and are waiting for exits to rotate their money.

As said by Ravindra Krishnappa, an angel investor from Bengaluru

‚ÄúPeople have come to realise that exits are going to be only in 5+ year timeframe, which means while¬†angel investment is sexy, it has lower liquidity than other forms of investment‚ÄĚ

YES, 5 year rule is very much applicable !!

Business idea is just like YOUR baby which has to be nurtured with ingredients of doing BUSINESS with passion and empathy. There is no shortcut to SUCCESS. Just like a new born baby who has to taught by the parents basic education before the kid enters KINDERGARDEN where the timeframe is again 4-5 years. So to bear the fruits one has to have the vision to ENVISION the future in the present state of affairs.

‚Äė‚ÄėAngels have turned cautious and choosy as they have burnt their fingers. The frenzy that you saw earlier is no longer there. Earlier, a company would start and get funded. Now, investors want to see a lot more traction before they invest,‚ÄĚ says Balaji.

Angel deals are down 47 percent since 2016 and 44 per cent since 2015, according to data compiled by research firm Venture Intelligence. Seed-stage deals are down 44 per cent and 42 per cent, respectively, while deal value fell 42 per cent and 38 per cent over 2016 and 2015.

How to generate different types of IPRs from existing business venture and why protecting IPRs is the need of an hour for raising funds?
Why Protecting IPRs is the need of an hour for Raising VC funds?

Time to turn the table and invest in businesses who are able to fulfil the checklist. We at TCIS, India can assist and work with startups and investors to FILL the GAP which are existing in the current ecosystem. I would be taking closed door session at Bangalore on 22nd September. During the workshop, all sessions will have highly technical content with workshops catering to all levels of experience. The workshop aims to provide a comprehensive knowledge on e-valuation methods & approaches along with governance and regulatory requirements for Tech Start-ups.

Valuation & Fundraising for Tech Startups in Bengaluru

This one day workshop is curated for ambitious Start-ups, Senior Executives and strategists from Tech Start-ups. All emerging entrepreneurs and PE/VC professional who are planning to enter into the Tech , Seasoned practitioners who want to bolster their skills to create and maintain a thriving business.

Training details:

Intellectual property valuation patent lawyer

Title: Valuation and Fundraising for Tech Startups

Date: 22nd September 2017

Location: Bengaluru

Trainers: 

Santosh N Director – National Management, Duff & Phelps (Formerly American Appraisal)

Anirudh Damani (Partner , Artha India Ventures)

Prity Khastgir (Founder & Director Tech Corp International Strategist (TCIS, India)

Kapil Bellubi (Director ‚Äď Valuations,¬†Deloitte)

Why You Should Attend?

BRAND VALUATION patent lawyer APPROACHES AND METHODS

Making your startup a startup success story
brand trademark, Entrepreneurship, Indian Patent Attorney, MARKET ENTRY strategy, Startup Attorney India, startup co founder agreement, startup contracts, startup legal documents, strategic business advice, venture capital financing

Protecting a Business Idea Advice to budding Entrepreneurs

Advice to budding Entrepreneurs For Protecting a Business Idea

Got a brilliant Idea? Already daydreaming about a groundbreaking business and becoming the next Bill Gates? But what if someone comes up with something similar?

Running a successful business is not a solo sport. We work with and through other people.

In order to get off to a flying start, an entrepreneur needs investors, vendors, employees and may be a partner or a mentor. Thus eventually you have to discuss your idea with the masses. But what if someone steals your idea?

Fear of getting the idea stolen is one fear that stops a number of people from starting a new business.

An individual with a fear of getting the idea stolen will move forward so slowly and cautiously that someone else who already thought of the same idea will move ahead. So how do you market your idea to the masses without having someone rip you off?

Here are certain things all budding entrepreneurs should consider while protecting a business idea.

1. Yes, a patent can help you remain competitive in your field and give you an edge on your rivals.

Technically ideas themselves cannot be patented. When you take an idea and turn it into an invention or process that meets specific criteria and requirements, it can be patented. But make sure your invention fulfills all the requirements to apply for a patent.

2. Consider the money involved in filing a patent.

Patent filing requires money. Patents have filing fees and maintenance fees over the life of the patent and a large amount of money is required for the defence of the patent. If your idea fulfills all the requirements to apply for a patent, and there are no other previously filed patents, then it’s time to apply for your patent. But before filing a patent make sure that the patent generates enough profit to justify the expenses associated with its filing.

It is advisable to seek legal counsel and advice before filing a patent and get patent professional involved for writing and filing patent.

3. When should you consider a Non-Disclosure Agreement (NDA) ?

There is no patent or copyright for an idea. If you really feel you’re onto something new and want to discuss it with some people,¬†potential co-founders and contractors¬†before you have been able to build it. In such cases, it is advisable to sign a Non-Disclosure Agreement (NDA).

A non-disclosure agreement (NDA) is a confidentiality contract between two parties.

According to the non-disclosure agreement (NDA), one party agrees with the other that if the latter party discloses to the former its idea and other confidential information, then the former will maintain its confidentiality for a specified period of time. If the former party were to breach this agreement, causing loss to the disclosure, then the disclosure has a remedy in being able to sue for breach of contract.

True, some people might not like the idea saying¬†‚ÄúDon‚Äôt you trust me?‚ÄĚ, but there‚Äôs value in your invention only if you own and protect your idea. Moreover the agreement will also demonstrate the individual‚Äôs seriousness in commercialising the idea.

4. Get to marking your territory.

Preferably put a¬†“CONFIDENTIAL” stamp¬†on anything you have pen down on paper related to your idea. You can also add copyright symbols, like ‘¬©’, ‚ÄėTM,’ to logos, which help establish that you are claiming copyright and trademark protection to your works.

Putting copyright symbols by your business plan or logo is a good idea even if you aren’t sure you’ll ever go through the trouble of filing a copyright or a trademark.

It’s like putting a yard sign or a sticker that says your house is protected by a security system even if it‚Äôs not.

When people will see that copyright symbol next to your work, they won’t take the chance to burglarize.

5. Implementation of idea.

Ideas alone are not worth that much — it’s how they are implemented.

It is important to implement that idea into sustainable innovation.

“What makes the difference for successful businesses is not the idea alone. It’s the implementation of the idea, a commitment to delivering the products, services or information on a daily basis, that makes the difference.

It takes a lot of energy to run a business, It‚Äôs hard to get things done and it takes a lot of discipline. Also there’s no guarantee that any business will be successful. If you have an idea for a product, service or business, beat the odds and use your passion and energy, to figure out how to make it profitable.

At Tech Corp International Strategist (TCIS), we help Startups to Raise Funds & Assist Foreign Companies to find Right Business Partner in India. We assist enterprises to enter INDIA and find RIGHT Angels, and Venture Capitals in Malaysia, Singapore, US, UK, Japan and India. We believe that for protecting your innovation in India, your startup idea and our intellect is the perfect combination. Every business has a #strategy. We at TCIS facilitate the process of identifying Key issues and help amplify business goals of any business (short term goals and long term goals). Everything is simple we tend to complicate and use heavy words to prove our point.

#company #startup #makeIndiagreatIndia #research #patents #copyright #innovation #creativity #entrepreneurship #India#GODigital #Entrepreneurs #IdeaInspireInnovation

Schedule a call today via clarity to get #strategic #advice #patents

Co Author

Aanchal Verma

Patent Associate at TCIS, India

Patent Application Filing Procedure-Process in India
Live LIFE Queen Size

Launch Your Startup Faster
Entrepreneurship, INTELLECTUAL PROPERTY STRATEGY, PATENT STRATEGY, Startup Attorney India, Startup India Strategist

Creating a “Business Plan”

How to Create a Successful Business plan ?

Step 1 to be a successful entrepreneur

Take up one idea. Make that one idea your life — think of it, dream of it, live on that idea. Let the brain, muscles, nerves, every part of your body be full of that idea, and just leave every other idea alone. This is the way to success.” –¬†¬†Swami Vivekananda

Running a successful business requires comprehensive business planning and developing solutions to business problems.

What you imagine is what you transpire.

What you believe is what you will achieve

A well-crafted business plan defines the entrepreneur’s vision and can help an entrepreneur to allocate resources appropriately and make good business decisions.

Whether you’re proposing a new initiative within your organization or starting an entirely new company, a good business plan generates¬†enthusiasm¬†for your idea and also¬†boosts¬†your odds of success.

To succeed in life and achieve results, you must understand and master three mighty forces- desire, belief and expectations.The primary purpose of a business plan is to help entrepreneurs gain a deeper understanding of the opportunity they envision.

A business plan includes the following basic elements-

Executive Summary, Company description, Product/Service, Market and Competition, Marketing and Selling strategy, Operating Plan, Management/ Organization, Financing and Supporting documents.

Writing a business plan assists in goal setting and long-term planning. It is important to attract investors as well as employees. 

It is an essential part of any loan application.

Every Beginner possesses a great potential to be an expert in his or her chosen field.

To begin with, the executive summary of any business plan is its cornerstone and is very important. It defines what your business does and why. A summary should concisely summarize the technical, marketing, financial, and managerial details of the business. It should convince the reader that the new venture is a worthy investment.

The company description highlights the entrepreneur’s dream, strategy, and goals ranging from the present outlook to future perspective.

How the company will address the needs of the customers as well as employees.The product/service section should stress the characteristics and benefits of the new venture, including its price, innovative, competition and the market the product/ service will target.

The marketing and selling strategies are the result of a meticulous market analysis. A market analysis forces the entrepreneur to become familiar with all aspects of the target market and provide a competitive edge to the company.

Success is a moving target. Achievement is a single event.

The Operation Plan is designed to describe how the business functions on a continuous basics. It highlights the responsibilities of the management team, tasks assigned to each division within the company and the capital and expense requirements related to the operations of the business.

Organization section will describe the company’s legal structure and biographies of the key members.The financial components of a business plan typically include three projections: a balance sheet, an income statement, and a cash-flow analysis. 

A balance sheet is a snapshot of the company’s value. An income statement helps to estimate profit or loss over a period of time.

Cash-flow statement indicates revenues, expenses and available cash.There is more than one way to win in life. The key is figuring out your way.

SUCCESS MANTRA

Life is all about one and #zeros rest all numbers are noise on thehouse #strategy#BIGDATA #ALGORITHMS #Blockchain #MobileFirst #IPR #DIS2017 #India#GODigital #Entrepreneurs #Artificialintelligence #AI #HYPE #Patents #LAWYERBYPROFESSION #PATENTISMYGAME #MAKEINDIAGREATAGAIN

Our team at TCIS, India consists of experienced professional patent researchers, patent strategists, law experts and mediators who are experts and have experience in performing more than 2200+ patent searches in all technological domains.

Our technological THINKING GEEKS experts provide their assistance to gain a clear perspective over technical as well as market difficulties that Your PATENT may face while launching and entering into a country.

We at TCIS, India have a well renowned team of Lawyers of Delhi/ NCR who have vast experience of more than 12++ years.  We at TCIS, India have inspiring and tireless mediators who have successfully completed mediation in disputes related to co-founder disputes, company disputes, mediation is website ownership, trademark infringement, commercial disputes, patent infringement, intellectual property disputes, disputes in corporate sectors and trademark commercial disputes.

apple iPhone patent attorney lawyer India
Apple Patent Attorney, co founder disputes, DIPP India, Entrepreneurship, Patent Cooperation Treaty (PCT), Patent Filing India, patent infringement, Patent Innovative Ideas, patent litigation, patent research service, Uncategorized

Why Apple is Greatest Inventions of all times

Apple and its Intellectual Property : Patents, Brands & Trademark Protection

How to generate different types of IPRs from existing business venture and why protecting IPRs is the need of an hour for raising funds?
Why Protecting IPRs is the need of an hour for Raising VC funds?

Apple’s¬†innovation is embodied in its Intellectual Property, including¬†Patents, Trademarks, and Copyrights.

The ease of using #Apple product to increase productivity is the reason for reaching the masses. Moreover, anything which is a handheld device in terms of #patents is bound to be great innovative product. #patentismygame #patentfilingindia #patentexpertindia #intellectualproperty #businesslesson101 

Why selecting the right #BRAND name more important than doing #Business. #Stevejob was smart enough to realise this fact. Short and sweet “An apple a day keeps the doctor away”…YOU are apple of my eye…..Theory of #Gravity. Apple has a completely different approach to business by selecting the right trademark for marketing its products. #Askbrandexpert #TrademarklawyerIndia #trademarkattorneyIndia

Get to know the answers to Patent FAQs: Mail us your query Today

financing, project finance, mergers & acquisitions, negotiations, settlement of disputes, strategic assessment, accounting and tax reporting

Registration Fee Standard Fee: INR 15,000 + 18% GST Early Bird Discount: Till 16 Aug, 2017 20% Discount – i.e. INR 12000/- plus 18% GST For more information, please contact: Poonam Mahajan Sr. Delegate Acquisition Email: sales@techscievents.com Tel: +91 4523952 (Off.); +91 9560895016 (Mob.) B ‚Äď 44, Sector 57, Noida, National Capital Region, India – 201301 Tel: +91 120 452 3900 Email: sales@techscievents.com http://www.techscievents.com Valuation & Fundraising for Tech Start-ups 22nd September 2017, Bangalore

Entrepreneurship, PATENT STRATEGY, Startup Attorney India, startup contracts, Startup Lawyer India, startup legal documents, strategic business advice

Startup Business Success or Failure

10 Steps Short term Skills to Becoming a Successful Entrepreneur

Making your startup a startup success story
How do you know where to start?

YOU are YOUR own KEY and LOCK…..

Perfection is achieved, not when there is nothing more to add, but when there is nothing left to take away. –¬†Antoine de Saint-Exupery

 Good Business Model Encourages a Startup Business Enthusiast to LEARN & EARN

90% Of Startups Fail: Here’s What You Need To Know About The 10%

HOW TO BE A SUCCESSFUL ENTREPRENEUR

Develop your entrepreneurial skills and learn how to FOCUS on KEY execution pointers

Creativity is the root of entrepreneurship

Startup Business Key Takeaways 

LEARN How To Raise Money for Your Startup

Tom Walker, CEO, author, and angel investor shares a few skillful ways startups can raise funds without having to pitch to investors

 5 Clever Ways to Raise Money for Your Startup Without Making an РInc.

  • Launch Your Startup¬†with a holistic APPROACH
  • Enhance your KNOWLEDGE about the FUNDING opportunities available for Startups in India

¬†YOU’RE INVITED TO¬†DARE TO MAKE FORTUNE

Psychology of Wealth & Success Strategies of Earning Wealth and Success.

 Million Dollar Idea !!

Action Plan for Reaching YOUR GOAL

 

  • Understanding¬†Entrepreneur Success Framework Clarity of Vision, Mission , Goal, Strategy & Action PLAN
  • Creating ROCKING BUSINESS PLAN Product Validation Model Learn how to create Sales & Marketing Plan
  • Attract, Nurture and Retain a WINNING TEAM STARTUP ECOSYSTEM & INVESTOR PITCH

Startup #success or #failure. 10 Steps Short term Skills to Becoming a #Successful #Entrepreneur #askpatentexpert

We at Tech Corp International Strategist #StartupIndia #StartupExpert facilitate aspiring entrepreneurs to help get you started. #Startup For Inquires Call: 011-66544992 Contact Person: #ThinkingGeek @Anshika

 

EAST OR WEST INDIA IS THE BEST

 

Prity Khastgir is a techno-savvy patent attorney in India with 12 yrs++ of experience working with clients across the globe. Her areas of expertise are IP portfolio research, cross-border technology transactions, licensing agreements, product clearance, freedom-to-operate, patent infringement & invalidity analysis, research & opinions.

Currently, she helps startups to raise funds, assists foreign companies to find right business partners in India. She also assists enterprises to enter and find the right angels, and VCs in Malaysia, Singapore, US, UK, Japan and India. Here, she answers questions about IP career prospects in India, in her Face-to-face interaction with Reetu Mehta. Click Here