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Welcome to BetterLesson: "Receive real recognition for high-quality lessons"

And another one...Interesting again..

University of the People – The world’s first tuition free online university

University of the People – The world’s first tuition free online university

Very interesting concept...free education using the web.

The Perils of...

This is the season for me defining perils ! Thats what I am confronting ever so often. Possibly in some time, I may have recommendations, but right now, I am only defining perils.

One of the dangers of having worked in a pure corporate fin services background is that you "actually do" very less. Time is spent largely on analysis (less) and presenting it in various formats (more). You do get a great top view of businesses , strategy, scalability blah blah. Further you get to structure/strip/design fin products like loans, mezz, equity etc. But these largely require understanding of market pricing & regulations..only...

But thats kinda very different from having to decide on the logo, the brand name, the brand design, product notes, printers, web designs & so on... Most of these kind of things is what one has tackle first up. Its almost like chalk & cheese, I guess. The big dilemmas then are about whether the logo is good, whether you paid too much or too less for it & you dont have a frame of reference to figure these out.

What can I say..interesting.............for now..........

Variables going into deciding what to start..

What I used:
1. Surely no money gonna come from anyone else. Hence, how much money can you put down & can the proposed plan come to any kind of shape and size in that money?
2. Given Point No.1, is there some kind of novelty in the product? If you cant commit reasonable funds, then what is unique about what you are doing?
3. Is that innovation a product innovation, tech innovation or a biz model innovation? Large number of product innovations these days are tech.
4. Do you have the requisite knowledge to take the product to a soft launch?

Groklaw - Here's Bilski: It's Affirmed, But . . .No Decision on Software Patentability - Updated

Groklaw - Here's Bilski: It's Affirmed, But . . .No Decision on Software Patentability - Updated: "patentability"

Domain registration..

Its a bit (thats it?) silly trying something on your own at times. One of my theories (& I have no idea if it is right or no) is to obtain little (even tiny) wins to gain momentum. Similarly, I also like the odd not-over-researched decision - all in the interest of gaining momentum. Time will tell whether it is the right thing to do. But I am surely using it as a way to make calls. Having given all this preview, today is the day I blocked my domain name on net4 domains. Hopefully, the stuff to be sold on the domain will do much better than I hope !:) More on the service levels from net4 as I figure out.

Some of the perils..

Its kinda tough to decide who to outsource work to when you are a "nothing". Its one of those times you lament not having any concrete skill (e.g. web designing). There typically tend to be varieties of people you can outsource to:

1. Those who are damn good & dont even wanna talk to you

2. Those who are quite bad & are keen for your little 20k contract !(INR 20k that is ..)

3. Those who are ok & yet see value in your tiny contract

You hope to be able to find the 3rd kind , but, really, there is no way to tell. I guess mistakes will be made in this..If & when I realise how to figure this one, will surely write !