Rediff has an article on India’s millionaire Net entrepreneur, some tips from these successful entrepreneurs
Sanjeev Bikhchandani (Naukri.com) says :
“With no venture capital ready to fund us, we realised from the beginning that we had to earn revenue from day one to stay afloat and cover our costs.”
“Today investors are ready to give high valuations to Net companies and want to grab companies that have a first-mover advantage in their space. Or those that have a dominant market share, a good brand and, of course, if they already are profitable”.
Deep Kalra (Makemytrip.com) says : “If you can’t deliver the service at the most efficient price, at the right time, and map all the customer queries effectively, users are not going to come back to you.”