Bootstrapping a Software Company

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Bootstrapping a Software Company
ENTREPRENEURSHIP DEVELOPMENT PROGRAM (EDP)
The Essence of Experiences
Author Pawan Yadav
A step by step guide to open and run a startup
Author Pawan Yadav
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• USPs of
  this Book
• Cracking stories of 17 CEOs for booting their
  first venture.
• An Entrepreneurs Guide
• The essence of Experiences
• A step by step guide to open and run a start-
  up
• Eye model

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Who is Entrepreneur ?
An entrepreneur is a leader who combines the resources like land, labor and capital to create and to market the new goods or services.
Motivated Seldom are willing to submit to authority Optimist Enthusiastic Vision Unique Ideas Positive Thinker Inspirer sensible decision maker
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Few words to aspirants.
Fostering Entrepreneurship in India With India's economy doing well, opportunities in entrepreneurship are immense. Funds and capital, even mentorship is available for those who want to set up their own operations. For youngsters, it is advisable to gain experience in the industry, preferably in small and medium enterprises where they can learn the ropes of business and use the knowledge and skills to launch their own enterprise when they are ready. Setting up your own company calls for a lot of hard work, so get into this business only if you are passionate about it. Many organizations now exist to support fledgling entrepreneurs, including government agencies, business incubators, science parks and even non-government organizations (NGOs).
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Why one should become Entrepreneur ?
Although a lot of challenges are faced by the Entrepreneur but still it has certain advantages Enormous personal financial gain Self-employment, own bossing, offering more job satisfaction and flexibility of the work force Freedom from the dependency on the jobs offered by others Employment for others, often in better jobs Ability to have great accomplishments
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Why only IT Industry..

• Major contribution to country's GDP and export
  earnings
• Contributing to employment up to significant
  numbers.
• India developed a number of outsourcing companies
  specializing in customer support via Internet or
  telephone connections.

With Such a wonderful growth in this sector it
makes the wise decision to start a business in
this Industry.
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Why we initiated this concept.
Some one needs to compile the actual requirements
of a budding entrepreneur and the secrets of
successful entrepreneur.
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How We Make The Difference ??
There are books available in the market which
tell you what to do to become good
managers. but none of the books will tell you
how to become a good entrepreneur There are
books which tell you what to do. but none of
them will tell you what not to do.
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WHAT IF . YOU GET ALL THESE GUIDELINES FROM
THOSE WHO BOOTSRRAPPED THEIR OWN COMPANIES ???
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WHAT WILL BE YOUR REACTION ???
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Bootstrapping a Software Company
The Essence of Experiences
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A book which can be used as a guide by the
budding entrepreneurs to start up a software
company. This book is not based on theoretical
aspect to start the company but on a practical
approach as it includes suitable formats for
planning required during each phase of company
and also it carries the essence of the experience
shared by the successful entrepreneurs.
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What is Bootstrapping ? Bootstrapping stands
for The term derives its meaning from the
expression "lifting oneself up by one's own
bootstraps", referring to raising oneself up by
one's own means. A step-by-step approach
to open Software Company with little or no money
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Aim
Making the knowledge available to the potential
contender so as to make them a successful
entrepreneur in Software Industry.
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Objective

• Creating Entrepreneurs in software Industry.
• Steer to start a software company with almost
  no money.
• Creating a right knowledge platform for Budding
  Entrepreneurs.
• A Real source for strategic approach to minimize
  the chances for startup's failure.

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Introduction
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• This book is divided into following
• PH 1 Entrepreneur corner
• The Entrepreneurial concept
• Face to Face Talk
• The Golden Words from Entrepreneur
• Why to not start a start up ?
• Building up the entrepreneur spirit
• PH 2 Software Industry An Overview
• Evaluation of Software Industry
• Current situation for Indian Software industry
• Future of Indian Software industry
• Opportunities of Aspirant Indian
• PH 3 Pre Planning
• Have a best failure plan
• Market Research
• Investment planning
• Capital Expenditure (CAPEX) budgeting
• PH 4 Post Planning
• Roles Responsibilities of Top Management

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Let's HAVE A quick Look.
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PH 1 Entrepreneur corner
Fact to Face Talk

• In the beginning it is important to get the
  correct information which is required to execute
  the setup. Now the question is from whom to get
  the information guidance.
• How about getting the guidance form the one who
  on their will started from the scratch? For this
  reason we started interacting with the so called
  GURUS of IT world who can enlighten the way.

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PH 1 Entrepreneur corner
Golden words from Entrepreneur

• These are actually the small stories of the
  GURUS who had paved path for their own fate
  still continuing to achieve their dream goals
  because success is not destination ,its a
  journey.
• These GURUS started their journey with almost
  zero pennies but still tasted the success. A
  sharing of experience form them.

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Golden words from Entrepreneurs Include following
Jewels
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PH 1 Entrepreneur corner
Why to not start a startup
This chapter dearth the reasons why people says
They Can Not. It lists out all attributes of
peoples all reluctance to start a start up But
actually these attributes is a State of Dilemma
After Knowing why we can not , we have given the
cause why we can start a startup. BE POSITIVE GO
AHEAD TO CHASE YOUR DREAMS BECOME AN ENTRPRENUER
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PH 1 Entrepreneur corner
Building up the entrepreneurial Spirit
The successful entrepreneurs have the FIRE in
them to chase their dream and bring it to reality
. They may be from different arenas, having
different skill sets and all of them may have
different way to achieve their goals but one
thing which is common in all of them is ATTITUDE
towards their life

• This parts helps to develop the entrepreneurial
  spirit with help of small anecdote which helps to
  know more about .
• Attitude
• Team Work
• Keep Spark Alive
• Failure A night Mare
• Dont let anyone steal your dreams
• Secrets of Success

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PH 2 Software Industry
Evolution of Software Industry
Here we have tried to give the major milestone
achieved by the Software Industry in its so far
journey. How the journey started Gain in
Pace Acceleration in its effect Beginning of new
era
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PH 2 Software Industry
Current Situation of Indian Software Industry
The Indian Software Industry has brought about a
tremendous success for the emerging economy. The
software industry is the main component of the
Information technology in India. India's pool of
young aged manpower is the key behind this
success story.

• The Indian software industry specializes in the
  export of low-end software development services.
• Competing primarily on cost and availability of
  software talent.
• Presently there are more than 500 software firms
  in the country which shows the monumental
  advancement that the India Software Industry has
  experienced.

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PH 2 Software Industry
Future of Indian Software Industry

• The rapid globalization of the software industry
  in recent years has focused a great deal of
  attention on India whose software industry is now
  a small but a growing part of the international
  division of labor.
• The rise of the Indian software industry has
  provided substantial benefits to U.S. firms, both
  users and developers of software. U.S. firms
  benefit because Indian software firms compete
  fiercely among themselves for contracts.
• The Future is Bright !

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PH 2 Software Industry
Opportunities For Aspirants in India

• WHO ARE THERE TO GUIDE ? ?
• Various agencies participate in entrepreneurial
  development across India
• To coordinate and oversee their activities, the
  Ministry of Industry Govt. of India has
  established the National Institute for
  Entrepreneurship and Small Business Development
  (NIESBUD).
• There are other Institutes to promote
  entrepreneurship in India
• DARE
• Tie
• NEN
• KICKSTART
• EDII

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PH 3 Pre Planning
Planning Before starting the company

• Preplanning is all about aligning your self with
• The current scenario of market to begin with
  specific arena (i.e. Market research for
  potential business),
• Analyzing risks on your head,
• Arranging the funds for capital expenditure as
  well as for revenue expenditure to keep yourself
  in phase of financial freedom at least for six
  months.
• FAILLING TO PLAN IS PLANNING TO FAIL

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PH 3 Pre Planning
Planning Before starting the company

• Have best Failure Plan- What if you fail
• Do the Impact Risk analysis.
• Market Research - Discovering your business
  arena
• Doing the Marketing Homework.
• Investment Planning-Raising the Start up Capital
• Finding a Angel Investor
• Capital Expenditure (CAPEX) Budgeting
• Justify to penny plan for spend.
• Capital Expenditure Vs Revenue Expenditure The
  Financial Freedom
• Required to maintain the Financial health of the
  organization.

Your Starting CAPEX should not exceed more than
30 of money committed by Angel OR Venture
Capitalist. If it is so please re-justify to
your each penny planned to spend in Starting
CAPEX.
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PH 4 Post Planning
Execution of Project once started
What is Post Planning ?

• Preplanning is required to build up the minimum
  level of company.
• Post planning is a phase where one is ready to
  execute the project with the help of all the
  departments of organization.
• Post planning is a total teamwork where
  departments contribution counts.
• Post planning is required to execute the company
  once it is built up to a minimum level,
  sustaining and expanding it successfully.
• This is a phase where one can plan for all
  integral departments functioning methodology,
  Roles and responsibilities required for smooth
  execution.

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PH 4 Post Planning
Execution of Project once started
One must have done the followings before Post
Planning

• One must have got Angel/venture capitalist who is
  ready to become your strategic partner/ready
  invest on your idea.
• At least a few links are located few links to
  get the projects on regular basis .
• Market research done during preplanning phase
  helps to get the Projects , if not projects at
  least a positive indication.

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PH 4 Post Planning
Execution of Project once started
Department Formations

• Every body can not perform each and every task.
  Each individual has to
• Perform its function in an organization.
  Similarly the Departments are formed
• to perform specific functions.
• Each department may have the different objective
  but they work together to
• accomplish organization GOAL.
• The Integral departments of any software
  organizations are as follows
• Top Management
• HR Department
• Marketing and Sales Department (Business
  development Department)
• Software Development Department.
• Finance Department

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PH 4 Post Planning
Execution of Project once started
Significance of each Department

• The significance of each department can be
  understood with the help of
• Eye Model
• HR Departments Mouth - Arrange the resources
  required to run the company.
• Technical Marketing Department Eye - Provides
  methods of execution and links for projects on
  regular and standard basis.
• Finance Accounts department Nose - Senses
  the profitability on execution of projects and
  its track record.
• Top Management Ear Brain - Listen analyze
  the issues of company and final authority for
  decision-making.

For any startup, Functioning execution of every
department is must rather than creation of
department physically. Number of people allocated
to department for any start up hardly matters but
execution of roles and responsibilities is must
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PH 4 Post Planning
Execution of Project once started
This section of the book will help to know the
each department by their function and the
resources required by them. PART 1 Roles and
Responsibilities of Top Management PART 2 Roles
Responsibilities of HR Department PART 3
Roles Responsibilities of Marketing
Department PART 4 Roles Responsibilities of
Software Development department PART 5 Roles
Responsibilities of Finance Department
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PH 5 Helping Hands
Who can help you meet your dreams
There are many enthusiastic people out here who
start there companies but face lot of problems
because lack of proper help in terms of finance
guidance, support and exposure to the market.
This Phase talks about same. PART-1 Links to
Funds Knowledge Here we have told the about
various organization that helps a startup. PART2
Software Technology Park of India (STPI)
Brief overview of theme . PART-3 ISO-
International Organization for Standardization
Benefits of ISO to the new setups.. PART-4
CMM -Capability Maturity Model Overview
benefits. PART-5 Lean in IT Introduction to
the concept its applicability in IT
industry.
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DONT PUT CLAMP TO CEILING OF YOUR DREAMS
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All the Best
Go ahead and be an Entrepreneur
Because
FORTUNE FAVOURS THE BRAVE, INITIATIVE PAYS THE
RICH REWARDS OPPORTUNITY NEVER KNOCKS TO YOUR
DOOR, YOU HAVE TO CREATE IT GRAB IT
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For Any Query, write us at bootstrapping.pawan_at_gmail.com
www.bootstrappingasoftwarecompany.com
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THANK YOU
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Pillars behind this concept
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Pillars behind this concept
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NOTABLE MILESTONES
Recently , MET -CORPORATE B SCHOOL incorporated
this book as part of their Curriculum under EDP
Program www.metbschool.com
This book has been launched at International
level by Shroff publishers ( Among Top Ten
Publishers of India). Available on all best
websites of world www.amzon.com
www.flipkart.com www.indiaplaza.com etc.

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Appreciated by Indian Express
Best on- line seller for Month of Nov -2010
on following portal www.shop.socialworker.com
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