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Business Today·4 August 2002

Startupoem.

Notes From The Trough
Startupoem.

600 million and growing The net's now and future tense Forget the crash and make a dash First get off the fence

India's great for startups Not just because of geeks But marketers, managers, admins People who work long weeks

Bangalore and Cyberabad Aren't good for startups I believe People there cost a lot more And on H-1s they soon leave

You don't have to envy Startups in San Jose They burn fifteen times as much Every single day

So many have died or laid off After a market crash You can weather the storm By spending much less cash

If you have an idea That can be a global hero Take it further, build it out An idea alone's worth zero

Get a few people turned on To come and join your team Without people and a plan Your idea dies a dream

Pool resources, borrow, steal Put in all you get The best equity, we all know Is the type called sweat

Start stingy, rent, don't buy Your resources do not tax You could run a year or more On just fifty lakhs

Outsource little, build as much As you can in-house Use free labour when you can By that I mean the spouse

Relying on press for direction Can be very risky To them, everything's going down Be it markets or Ms. Lewinsky

BPO, IT enabled, biotech Wondering what's the trend If you follow the herd you know Your startup will come to an end.

Only two ways to build a business The first: relieve a pain The second: offer a pleasure Tho' in the former is more gain

Follow your gut, blaze a trail Make sales, then find a VC They'll see the dream coming true Then it'll be quite easy

Break even in a year The mantra that I follow Then ask for money to expand That story funds will swallow

VCs have burnt their fingers Some say Star did KBC To make up for all it lost On Indya, Egurucool, Baazee

If your plan's just for India I almost won't care Aim for the entire world That is right out there

If ICQ's from Israel Third Voice from Singapore Alumni.net from Manila Surely we can do more

If you need lots of cash To get your stuff advertised Then there's something wrong And you'll get pulverised

Ads and hoardings just give Your bottomline a drain The only one they made rich Is a Mr. Vineet Jain

Amazon Yahoo Napster Hotmail ICQ Google eBay Got their name and fame for free Ad agencies they didn't pay

Building global brands today Is different, there's no doubt It's not about how money talks But about word of mouth

Our industry till today Imported what others made Going forward our products Have to make world grade

There's a world of customers for you And rivals from sea to sea It isn't easy to win but then No reason it should be

All you should remember As you wallow in this gloom What comes after a crash Is a resounding boom

Mahesh Murthy

Mahesh Murthy

Marketer, Entrepreneur, Investor. Founder of Pinstorm and Seedfund.

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