Do You Need To Change or Keep On Going?: Baskar S

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Do You Need to Change

or Keep on Going?

Baskar S
Co-founder, Amagi Media Labs
11th September 2013
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R
E
V
I
E
W

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The review phase – happens at each stage
of the Technopreneurship program

Begins to build a quality program

Reduces risk

Manages relationships

Delivers on the promise

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Government / politics

The economy

Society

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Technology

The mega trends

Globalisation

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Have any companies / organisation’s entered the market?

Who has left? Why?

Have there been any changes in pricing,


performance or advertising?

Have there been any changes in the way customers


are thinking and acting about the services/ products?

Can you see or strengthen your advantage?

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What does the customer want or
need?

How to find out

What to do about unhappy


customers and what to do about
happy customers!

Keeping an eye on the market


place, who can help and at no
cost

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What are
customers
saying?

Remember
listening and
engaging in
conversation with
customers is vital

Most innovation and opportunity


comes from the customer

So how to do this? Its


simple, think about how you
start a conversation and
then encourage others to
participate & contribute.
The easiest way to continue
a conversation is by saying
“Thank you”.
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Acknowledge customer
feedback
State how you will react to
the feedback

Thank the customer for


their suggestions

When action has been


taken, advise the customer
that this has occurred.

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Its not something
that is done monthly
or yearly

Measuring and
Monitoring does not
stop

Always keep an eye


on your dash board

Some key measures


include:
Cash flow,
breakeven,
profitability,
Competitor activity
and actions
Technology changes
and impacts

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Constant scanning We need to always
of the market will think about the
lead to change changes in

Technology

The mega trends

Globalisation

Change is
measureable Can you see or strengthen
your advantage?

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1

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So we look at the market place if we want to
The environment grow or keep growing you need to
usually has the most determine how to compete to stay ahead.
dramatic effect on
your business and
there are three
choices you have
depending on the
environment’s
characteristics

Grow, stay the


same or retreat
Do you remember the three ways to
complete?

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So we have looked at the
environment and the market, now
look at you and your team.
Often after a period of growth – it’s
time to refine your systems and
processes, time to go back to your
customers and check in with them,
To compete to grow we need time to CHECK that you have not
skills, passion and energy! missed anything in the environment
that has changed.

Why would you want to ‘stay the


same’?

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WRONG!
Is it time to retreat?
Many think its about
failure.

It means you have seen the changes in the environment and/or market
place and rather than wait until it is too late we change our direction to
the next opportunity.

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• Should the heading be do you understand?
• Many technopreneur’s can control software and hardware – on a good day!
• We cannot control the market or the environment we can only observe and
embrace the change.
• What about your team and customers, people.
• Ever try to control anyone?

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Technopreneurship is a process with tools that
can be learned and practiced. Technopreneurship
is not about luck. Its about Hard work,
Research, Education and Connections.

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Welcome to my network!
Welcome to the Cisco Global Network

Marcus Powe

Email marcus@marcuspowe.com
Web www.marcuspowe.com
Skype marcus.powe
Mobile +61 418 583 709
Office + 61 3 9584 4344

How can we help you?

Your next step is?

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• Have been programming since 13 years

• Been an entrepreneur since 24

• College dropout – Masters IIT-Mumbai

• Co-founded Impulsesoft (wireless)


and Amagi Media Labs (Media tech)

• I am 39 now

• Cycle to work, live in a farm

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2000-2005

Impulsesoft

Pioneers in Bluetooth technology

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TECHNOLOGY HYPE CYCLE

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Bluetooth HYPE CYCLE

2000

2004

2002

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LET US INVEST FULL BLOWN

2000

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APPLICATIONS

PROTOCOL SOFTWARE

BASEBAND
SILICON
RADIO

2000

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APPLICATIONS

PROTOCOL SOFTWARE

BASEBAND
SILICON
RADIO

Lets build the whole hog !

2000

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RAMPED INVESTMENTS HIRED AGRESSIVELY
2000

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Bluetooth HYPE CYCLE

2004

2002

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System too complex !

Schedules delayed ..

2002

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2002
Losing cash very fast
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Continue to do what we are
Reduce scope of business doing
- Focus on few things .. - End in sight ?
- Letting go

2002

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2002

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APPLICATIONS

PROTOCOL SOFTWARE

BASEBAND
SILICON
RADIO

2002 Closed the silicon team


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Bluetooth HYPE CYCLE

2004

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IMPULSESOFT GETS ACQUIRED
- primarily for its software IP
- marginal success

BLUETOOTH COMPANIES GOING IPO

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Thank you.

Baskar S
Amagi Media Labs
www.amagi.com
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