Here's an idea for an SaaS startup.
In the ramshackle slum of Govandi, where raw sewage clogs the gutters, Amazon’s storefront operation is one sign of how that new hub might look. Here, few people have ever logged on to a computer, and many do not yet have a smartphone. Instead, the store owner guides them through Amazon’s site, then writes down their order in pen in a ledger and takes the cash once Amazon delivers the item to the store, passing the money along to the company, minus a fee.
[URL="http://www.mumbaimirror.com/others/sunday-read/The-only-gamers-in-town/articleshow/48728117.cms"] Funizen has also tried to build trust by helping (gaming) cafe owners go digital. The company, for instance, offers free management solutions to cafe owners, many of whom still use ledgers to keep track of their daily business. "The best way to win over small business owners is to help them make money. When we gave them this software free of cost, there was a trust that was built because they saw that we're here to support them and not just push our games," adds Chris.
[/URL]
In fact, there probably is more than 1 startup that already does small business accounting software in India. Clearly there's still room for growth.
Single guy returning to India after 5 years
-
- Posts: 115
- Joined: Tue Feb 10, 2015 2:08 pm
-
- Posts: 14
- Joined: Sun Feb 21, 2016 10:14 pm
Single guy returning to India after 5 years
$100K in 5 years is good. Moreover, from your post, it's not clear what is the real intention of the move? But if at the end of the day you want to start a startup then you are in the best place in the World in terms of funding and startup (bay area).
In regards to the MBA, you should review the admitted class profile from the previous year that will give you an idea of how much gmat score you need, how much is the average experience, etc. But again, why do you want to do MBA?
My 2 cents, stick around for some more time, build your network in the valley, gain some more experience, think about startup idea and talk with VC's in the valley about the idea before you move and, if possible, get some funding. I was in a meetup where startup founders can meet with VC's and some of the startup founders had travelled from India for funding and for better networking in the valley. You have an advantage here, since you are already in the valley so make the best of it.
P.S: I am in the bay area, if you want to meet sometime PM me and we can meet for coffee and talk more :)
In regards to the MBA, you should review the admitted class profile from the previous year that will give you an idea of how much gmat score you need, how much is the average experience, etc. But again, why do you want to do MBA?
My 2 cents, stick around for some more time, build your network in the valley, gain some more experience, think about startup idea and talk with VC's in the valley about the idea before you move and, if possible, get some funding. I was in a meetup where startup founders can meet with VC's and some of the startup founders had travelled from India for funding and for better networking in the valley. You have an advantage here, since you are already in the valley so make the best of it.
P.S: I am in the bay area, if you want to meet sometime PM me and we can meet for coffee and talk more :)