Looking for “fundable(?) tech startup ideas”?
Ycombinator lists 30.
http://ycombinator.com/ideas.html
Which one you want to take?
India’s leading venture capital and startup blog
Looking for “fundable(?) tech startup ideas”?
Ycombinator lists 30.
http://ycombinator.com/ideas.html
Which one you want to take?

I recently came across this report titled “The Mobile Development Report“, published by CKS on a research commissioned by Nokia for developmental use of mobile networks in emerging economies.
The report focuses on social transformations around a new technology and its adoption. The report beautifully documents lives and ways Indians in tier 2 cities and towns use mobile phones. One of the best reports, a few highlights for me are
The report also mentions at one point Jan Chipchase, a Nokia employee whose job is to travel the world and observe and document novel ways in which people use and interact with mobile phones. This is his wonderful talk on TED on how we use our mobile phones.
Coming back to CKS report, one might argue that they covered only three districts and have extrapolated the data to come up with findings and recommendations. And that report was released in early 2007. But regardless of these reservations, this still remains one of the best research reports I have read in a long time.
Apart from the focus on mobile phones, the report is that detailed that you actually get tons of ideas (another post on this later) while reading it. Congratulations to CKS team for this awesome effort.
P.S.: The font size is way too small and there are 226 pages of information, worth its weight in gold.
P.S..: If anyone else is keen on serving the information and entertainment needs of a community and can foresee (or already has) a business in this domain, please contact me. You never know what might come out of a discussion.
Crossposted: Saurabh Garg Blog | Image Credits: manoogupta via Flickr
To all who are interested in social entrepreneurship
A good list of social entrepreneurship resources
See their fellows (only US based), but for the ideas that can be implemented anywhere in the world if relevant at
http://www.draperrichardsfoundation.org/fellows/index.html
->There are too many things possible in social entrepreneurship in India and worldwide.
Another day, another idea. This time, it is TrendWatching.
I define TrendWatching as a disciple where one observes (not sees), engages people in conversations (not interviews), identifies what is popular (not market research) and finally using these popular social objects to help businesses.
Why TrendWatching?
Market research as we know it is dead. I have huge reservations against the very premise of market research. If the respondents know that they are being researched, they more likely would come up with made up stories rather than answers. Then there is an entire issue about intelligence and commitment of the research agency. How do you know that interviews were actually conducted? How do you know that there are no errors in recording? And other millions questions like that.
TrendWatching can be the future of market research. Although it has been there since early 1990s and there are numerous companies making decent money predicting trends, yet it is still not taken seriously. Companies in India don’t even know about it. And hence the opportunity.
Predictions made by trendwatchers might or might not be accurate but they are far superior than a traditional market research. Trendhunters have been reported to be very accurate in predicting trends, fads and about-to-be-cult things in technology, pop culture, fashion, entertainment, media and youth.
How can one benefit from TrendWatching?
If you are a business and you know whats in vogue, you can use it for your brand to get new customers and keep existing ones excites. It also helps make your brand more relevant, pertinent and contemporary.
Its like looking in the glass ball and getting a perspective on things that would be cult in years to come and your business and brand can use these inputs to succeed. If I can draw an analogy, in all facets of life we have people who predict the future based on some logical assumptions. Institutions like meteorological departments, astrologers, stock traders, policy makers, governments, economists etc. so it all the time. Why not do it with business? And if you are accurate even at 1% of times, there are immense gains to be made.
If you are an individual, you can figure out what is in vogue and you would not be known as a drab person. It will elevate your social status in your peer group.
How to go about TrendWatching?
It involves using Malcolm Gladwell’s now famous work titled The Tipping Point. It assumes that there are certain people who are very much involved into one activity and are experts by the virtue of their indulgence. If we bring few such experts and let them talk to each other, we can have interesting observations. There is no real innovation happening with these methodologies. Most of these are simply making incremental changes to what people in other evolved economies are doing.
The biggest stumbling block and (as Michael Porter would put it) the entry barrier to this business is access to these people. You need to be able to identify these people, get them to work for you and get into a conversation. And moment we talk about people being a key criteria, we are talking about emotions and uncertainty.
End Notes
I see immense business potential with TrendWatching in times to come. Especially in India. This is one of those businesses where capital required is minimal and business can generate awesome cash flows.
I invite readers to share their perspectives on this. Please be critical. And as always, post reproduced from personal blog.
How does Carnegie Mellon University (CMU), a renowned research US university foster research and a spirit of innovation among its students and faculty? How does CMU do tech transfer? What is unique about the US university system that helps in creating startups and companies?
Is there something that India can learn from the US University system? How can India establish a US style research institute and create an ecosystem for entrepreneurship? Can India learn to leverage research conducted at universities at an economic level? These are some of the questions that Pradeep Knosla, Dean of School of Enginering Carnegie Mellon University talks about in this audio interview.
As Pradeep points out there is no major Indian company that can trace its inception to university research. India has to figure out how to leverage the research money it spends to bring about economic development.
Pradeep is an entrepreneurial dean, who combines his passion of being in a university environment and also pursuing his entrepreneurial dreams. He helped found two companies, one of which succeeded and the other did not. In this candid interview Pradeep shares his thoughts on what he learned from the failure of their company, which was in the hot new space of virtualization and received seed funding from Silicon Valley’s Kleiner, Perkins, Caufield and Byers.