What are Flipkart’s top brass who exited in 2016 doing now?
What are Flipkart’s top brass who exited in 2016 doing now?.
Mukesh and ex-colleague Ankit Nagori have announced ‘Curefit’, a health tech startup, to be launched in 2017.
Ankit Nagori (exited in February) After six years in Flipkart, this engineer from IIT-Guwahati was Chief Business Officer at the time of his exit.
Ankit and Mukesh raised $15 million from Accel Partners, Kalaari Capital and IDG Ventures for Curefit recently.
Punit Soni (exited in April) Flipkart’s most high profile hire from Silicon Valley, Punit joined as Chief Product Officer in March 2015, leaving Motorola where he was Vice President.
Satyam Bansal (exited in…?)
He served three years at Flipkart in various roles in mobile marketing, product, and sales.
He had worked with HP, Microsoft, Google and Motorola among others, before he joined Flipkart in May 2015 as Head of Engineering.
Peeyush Ranjan But it is not just Flipkart that has seen exits this year.
In fact, according to a person in the know, attrition rate is high at Flipkart now because the focus has shifted from growth to profitability.
6 Calculators That Can Help You Determine Your Salary
How to go into your new job negotiation as prepared as possible?
Glassdoor Glassdoor uses salaries submitted to them to give you an idea of how much you might make in a particular role and location, or even at a specific company.
Here’s what I’d make starting out at Buffer right now.
We have our entire salary spreadsheet online at Buffer.
Here are the results (from low to high): PayScale: $48,338 – $97,403 Glassdoor: $59,296 LinkedIn: $75,000 Buffer: $98,950 StackOverflow: $104,900 Hired: $112,00 Why are they so different?
Half of these calculators focus on salaries from the tech industry.
For StackOverflow and Buffer, they are specifically these companies and how they pay people.
The tech industry in general is known for paying above industry average to try and get the top talent.
LinkedIn, Glassdoor and PayScale are all using salary data from various sources and industries.
They might have more data from industries other than tech which could be a bit lower for developers in particular.
3 Job Interview Tactics Phony Candidates Can’t Handle
8 Steps to Finding the Right Franchise
Outlined below is the eight-step process used to find the franchise opportunities that best fit your skill set, experience, and goals.
Challenging is good, but you’ll quickly lose interest if it’s out of reach.
Do your homework to identify an initial group of franchise opportunities that meet some or all of your criteria.
The first place most people search for franchise opportunities is online.
At this point, you may also choose to work with a qualified franchise broker to help you narrow the field and assist you through the discovery process.
Make sure that the broker has a good track record and experience in the franchise industry.
If you use a broker, they should help and advise you through the balance of the discovery process.
Keep track of how the initial communication with the franchisors play out: Did they answer the phone live with a professional greeting?
When you contact a franchisor, ask them to outline their franchise sales and qualifying processes.
The very last step is to execute the franchise agreement and related documents attached to it.
3 Ways to Guide Your Employees Toward Empowered Decisions
Flipkart cofounders bet big on startups with futuristic ideas
BENGALURU: Sachin Bansal and Binny Bansal, the poster boys of Indian ecommerce, are brazenly betting on so-called moonshot ideas, backing early-stage technology companies working in areas such as healthcare and otherwise struggling to raise money from traditional investors.
The latest such company the Flipkart cofounders have backed is Pandorum Technologies, which has found a way to 3D-print experimental-stage human liver tissues in a laboratory.
The two Bansals are also finalising another investment in a startup that makes implants, which would mark their fourth funding deal into a healthcare startup.
“In India, core sectors like healthcare, education and supply chain will be disrupted (by emerging) technology… Those (startups) don’t get funding easily while consumer internet companies do,” Binny Bansal said.
Binny Bansal describes Pandorum as something “out of science fiction.” Founded in 2011 by Arun Chandru and Tuhin Bhowmick, who were both research scholars at the Indian Institute of Science in Bengaluru, Pandorum designs and manufactures functional human tissues intended for medical research.
Until now, Pandorum has been dependent on grants from the government funding agency Biotechnology Industry Research Assistance Council, which makes for a longer process than securing equity funding.
Some of the personal investments by the Bansals have been made purely on the basis of a startup’s potential.
Tsai Shen also works with the portfolio companies on their future fundraising, among other things.
While Sachin Bansal is more interested in futuristic startups working on things like artificial intelligence, Binny Bansal said he is more focused on areas like healthcare.
It’s not as if they have not invested in consumer internet companies or that all their investments have been successful.
![Funding Galore: Startup Fundings Of The Week [19 December – 24 December]](http://briofinancial.com/wp-content/uploads/2016/12/funding-galore-startup-fundings-of-the-week-19-december-24-december-400x250.jpg)
Funding Galore: Startup Fundings Of The Week [19 December – 24 December]
BRIEF-Hebron Technology announces pricing of initial public offering
BRIEF-Hebron Technology announces pricing of initial public offering.
Dec 23 Hebron Technology Co Ltd – * Says initial public offering of 2.70 million common shares priced at $4.00 per share * Hebron Technology Co Ltd announces pricing of initial public offering Source text for Eikon: Further company coverage:
4 Strategies That Drive Brand Loyalty
The company makes a conscientious effort to keep its messaging and branding consistent through all channels.
When customers trust that you’re delivering a unique service and exceeding expectations to meet their needs, they will return the favor by willingly giving you their information.
Additionally, 73 percent of consumers said they preferred to do business with brands that use personal information to make their shopping experience more relevant.
By gaining a profile on consumers, c-suite executives will have access to valuable insights about the emotional connections and preferences of individuals.
By engaging your own consumers with data aligned with their preferences, your brand can build a better customer experience.
Personalize the message with an opt-in data policy.
Social media is a great way to build brand loyalty.
When brands show their appreciation for consumers on social media, that helps build brand loyalty, and those customers then become your most loyal brand ambassadors — across your social media channels.
Replying with a personal message or commenting on a social media post is a perfect way to humanize a brand and deepen the relationship.
If you’re a customer, what do you want brands to do for you?
What You Need to Know About Impending New Overtime Regulations
4 Insights into Effective Team-Building in Account Management
4 Insights into Effective Team-Building in Account Management.
Team-building in account management is often undervalued, depending on the amount of autonomy an account manager has in his or her daily tasks.
In fact, it’s easy for these people to become solely concentrated on serving their clients at the expense of their peers.
Sometimes it’s necessary to rethink how you see the team.
It’s the supervisors and superiors who set the tone, not the company retreats where people talk endlessly about feelings, or participate in “trust falls.”
These types of exercises and outings aren’t necessarily a waste of time, but they’re not going to change the underlying structure and values of a company if only a few people buy into the program.
It wasn’t important what the teams talked about, so long as the tone was friendly and understanding.
Activities like these give power to the employees rather than letting things rest with supervisors only.
The power of the collaborator Certain people in your organization will get along with everyone.
For example, if one account manager plainly loathes working with another, it may help to do some type of mediation rather than turn a blind eye to the problem.
Shark Tanks’ Kevin O’Leary on Being a Successful Entrepreneur
Shark Tanks’ Kevin O’Leary on Being a Successful Entrepreneur.
In this video, Entrepreneur Network partner Bryan Elliott meets with Shark Tank investor Kevin O’Leary and discusses what it take to be a successful entrepreneur. “Get ready for a wild ride, but don’t ever think it’s easy,” says O’Leary.
Being a risk taker, workaholic and motivated by freedom are a few qualities people need to go down the entrepreneurial path.
To learn what other traits O’Leary believe entrepreneurs should possess, click on the video.
See more episodes on Behind the Brand’s YouTube channel.
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Click here to become a part of this growing video network.
4 Ways Entrepreneurs Are Problem Solving With 3-D Printing
With recent advances in software that support 3-D printing and its business integration, it has become feasible for entrepreneurs to leverage this technology to advance their businesses.” Here are some of the top ways entrepreneurs are using 3-D printing technology to accomplish their goals: 1.
For entrepreneurs and startups, this is a significant development.
By providing low-cost production at faster speeds, 3-D printing is helping entrepreneurs develop minimum viable products at a much faster rate.
A growing number of healthcare startups are using scans and machine learning to improve the medical field by creating detailed maps of the human body.
With 3-D printing, models can be made showing organs and tissues as they might appear in the body, which, as you can imagine, has countless benefits for planning treatment,” said Carrington.
As costs decrease due to adoption, these applications will be commonly available for medical practitioners.
Improving the quality of education.
The easier it is to present data in a real world situation, the easier it is to show students the importance of that information.
A more recent application when it comes to bringing an idea to fruition, is the capacity 3-D printing offers to plan workflow and mitigate wasted time.
As these improvements are made, it will continue to get easier for entrepreneurs to use 3-D printing to problem solve for their businesses.
How Your Side Hustle Delays Your Real Business
How Your Side Hustle Delays Your Real Business.
Trust me, this is really important whether you’re in a real business or just doing it for the extra money or passion.
In any case, whether you’re loving a side hustle or you’re still figuring out how to make it work, the truth is, it can delay your real business.
Side hustle isn’t a real business.
You can start now.
Your side hustle tricks you into thinking you have a real business, but you don’t have the urgency to make money like a real business.
As a result, freelancing on the side delayed me from starting a real agency.
They spend most of their time working a side hustle, with no proper plan to scale.
You may think that moving from a side hustle to a real business is easy, but it’s not.
How do you value them in a side hustle?
4 Strategies to Boost Customer Loyalty
4 Strategies to Boost Customer Loyalty.
When a business has more loyal customers, it has the opportunity to put its marketing cost at a manageable size and spend more on improving the quality of its services and products.
The following are strategies you can use to improve customer loyalty.
Improve on customer experience.
Improve employee morale.
Employee performance will affect the experience your customers have when doing business with your company.
This is even more so for businesses where employees maintain constant touch and interactions with their customers such as the food and luxury industry.
Customer success stories, or case studies, can help influence existing customers into bringing more people to your business.
The aim of loyalty programs is to reward your customers for frequently making purchases.
By using the right strategies geared towards securing the trusts and loyalty of your customers, you’ll keep your business afloat without expensive marketing costs.
We’re Trusting Each Other Both More and Less Every Day
Stop Selling to Your Network Group and Start Educating Them
