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Author: Sugata Jain

Passion…Purpose…Inspiration

I am an entrepreneur. I love creating businesses and seeing them develop into sustainable products and service offerings in the world. Working on my 3rd business now (after having worked on more than seven business idea development projects), I know that it’s not easy.

Dealing with fear is the daily meal of an entrepreneur. Many decisions have to be made with only hope to hang on to and no  certain return guaranteed, that many times it’s like sky diving off a plane and not seeing land through the clouds. All planning and strategy seems like an illusion. As an entrepreneur, managing motivation is what it seems like the business survives on. Keeping the excitement up and energy high is the lifeblood. 

Four years back a professor and life coach gifted me two hours of coaching as a thank you for helping her grow her business. That’s how I came across coaching and the world of self-development. Everything we do and don’t do, the way we do things, our perceptions (how we understand the world around us), how we make success happen – absolutely everything – is all a question of our sub-conscious beliefs and patterns. Its all changeable – as long as we’re ready to work on it.

I remember coming out of that first coaching session, feeling not only completely connected with my strengths but also with my life purpose (what I am here to do at this time in history). Over the years I have discovered the following through coaching:

  • My values are tools of strengths that I can learn how to tap into in any given situation.
  • Fears/insecurities are hidden and so deeply ingrained in us that we are not even aware 90% of the time that we’re scared. Its worth facing them and letting go.
  • Changing perspectives is progress and development. It can be really hard, but it’s very much possible.
  • Finding life purpose is absolutely empowering. Mine is to uncover the hidden potential of anyone I come across.

I am an entrepreneur because I want to be an agent of change and transformation in the world – however the change and transformation has to start from self.  Not for nothing Gandhi advocated “Become the change you want to see in the world”. The more I develop myself, the more fearlessly I impact the world around me.

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Come join me in my workshop next week on Tuesday 11th of February at the Madrid International Lab. It’s in collaboration with UK’s Sparkle People and Development and we’re doing this workshop for the first time in Spain, after a lot of success in the UK market. It is 5 hours of intensive coaching and training aimed at empowering the growth of the businesses and startups through developing the strengths of the owners. We will provide insight and access to UK’s startup and funding scene. Register here. 

Sugata Jain is in the process of getting her certification in Coaching (from ICF) and is currently halfway through a 10 month Leadership Training Program from CTI. She is an MBA from IE’s 2007 class and is a serial entrepreneur. Her latest venture (work-in-progress) is a coaching platform to bring simple life management tools in a fun interactive way to her clients. 

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HOW PARENTS CONDITION OUR ENTREPRENEURIAL DRIVE

Escrito el 5 febrero 2014 por entrepreneurship en emprender

Author: Eva Vecino Rodriguez, founder of Mi Mochila Digital

We are used to hearing about financing, elevator pitches, business angels, marketing, product development and team creation in reference to startups. On this occasion I would like to highlight the role played by the parents of entrepreneurs. The ones who have been there from the beginning, nurturing the awakening of our entrepreneurial vocation and who have supported us when as adults we have embarked on the craziness of starting a new project.

Even though things didn’t seem very clear to them in the beginning and possibly they even tried to dissuade us. Once we proved our determination, their support has been unconditional at all levels: pushing us to persevere (no matter how many negative responses we got from ENISA), worrying about our diet (it appears we entrepreneurs eat badly!), or being alert to any information or news that could be of use to our projects. Even acting as spokespersons for media and radio programs, like Carmen, one of the “mothers” of the our team, who recently took part in a Radio Nacional de España broadcast to vindicate more support for entrepreneurship (tremble de  Guindos!).

In a country where independent workers (30%) and entrepreneurs (35%) point to a lack of funding as the main obstacle to starting a business and where only 18% of them obtain funding from banks. The Cajas de Ahorro who recently approved the Ley de Apoyo a Emprendedores offers no solution to this persistent problem. As a result, our families have actually become  informal investors that have allowed us to start our businesses.

At the end of the day, many of our families have been the ones to instill the culture of entrepreneurship in us, being entrepreneurs themselves and serving as daily examples during our childhood. This was the case for José María, who was inspired by his grandfather: “My family runs a business of Iberian pig breeding in the north of Huelva and I have been involved in its management since I was a child.  As a kid and as a youngster I devoted a big part of my time to the farm, where I could set up small projects involving improving operations or selling new products”.

Manu, son of an entrepreneur, has also experienced first hand what it means to start a new business. The effort, the medium and long term forecasting, short run implementations, the focus on the customer (commercially and ethically), working 24/7 and all the other  sacrifices you make for your own business.

Moreover, we have been brought up with key principles such as “you have to walk the talk” or “doing it yourself is the best way to learn to do things”, and we have been encouraged to show initiative, to persist in our ideas and to be responsible for our commitments. This has inspired Eva, for example, to start her school’s newspaper at 10 years old, along with nine other schoolmates.

Then and now, our families have always been present, 43% of entrepreneurs interviewed by the Observatorio del Clima Emprendedor in 2012 reported that they considered their families to be the main asset in the success of their startups.

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feb

ETUERI, INCUBATED IN AREA 31, STUDY FEATURED IN PROMINENT PUBLICATIONS

Escrito el 4 febrero 2014 por entrepreneurship en emprender

Congratulations Etueri on a great study! Your really making a name for yourselves.

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The Etueri study was also featured in, Magisterio Digital, Te Interesa.es, La Información.com, Canarias 7, El Periódico de Mediterráneo, Deia.

 

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AGENDA IE VENTURE NETWORK, 6th FEBRUARY

Escrito el 3 febrero 2014 por entrepreneurship en emprender

 Join IE Venture Network Thursday, 6th February 2014!

This week Spain´s Channel will be present to film the Venture Network for their startup reality TV show La Incubadora.

The Venture Network is a weekly pitch slam is an invaluable resource for early stage entrepreneurs, a forum for engaging the entrepreneurial community, promoting your startup, and at best securing an investment from our Investors in Residence. The Venture Network is unique in that it is a very informal gathering where startups can meet investors in an informal setting over beers and snacks and focus on what’s important; building relationships. The Venture Network is a great way to perfect your pitch, get feedback on your product, and meet the local startup community.

The Venture Network´s resident panel of startup experts include:

. Liz Fleming, Managing Director Venture Network
. Sergio Rivas, Signium International
. José Almansa, Business Angels
. Angel Batalla, iBird Last Mile


The three startups that will present their project in 7 minutes will be:

Eduardo Garcia Redondo & Nuria Muriel Fernández, Woody Burger and Lobster

Woody Burger and Lobster comes from a concept of American food based in 2 types of food: Gourmet Burguer and Canadian Lobster

Pablo Hesse, Tiesport

Tiesport is a social network that connects people with professional interests (business/job opportunities) through sports. By doing so, the value of networking expands higher than other ways of introducing to new contacts since people who practice preferred activities create a circle of trust and show their skills in a natural way”

Alvaro Peñalba, DasMenos

DasMenos is a saving focus for every spanish home. They can find 1 provider for each of their day to day expenses with unbeaten offers through any other channel, while getting more benefits/discounts from our partners when our number grow. We will save up to 2000€ yearly discounts for each and every home and increase our partners’ market share and profits.

Register your attendance here!   http://entrepreneurship.ie.edu/venture-network

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Betabeers Madrid 39th Edition

Escrito el 29 enero 2014 por entrepreneurship en emprender

Last Wednesday the 22nd of January the 39th edition of the developers meeting Betabeers Madrid took place at IE’s Area 31. More than 80 developers participated and there was a great turnout of IE students.  This was a great opportunity for students to learn from the startups who pitched their products and also to learn about strategies for hiring IT professionals.

betabeers netowrking

NETWORKING

After the event participants enjoyed beers and took advantage of a great networking opportunity. This networking session was particularly useful  for start up teams who are looking for a programmer, over 80  developers were in attendance.

 

Betabeers is a monthly meeting for developers of web services, hardware and mobile apps.They hold technical talks, provide opportunities for local startups to introduce themselves and for networking. Their goal is to show startups that you do not need to be based in Silicon Valley to launch exciting projects. To learn more about Betabeers check out the video below.

Imagen de previsualización de YouTube

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STARTUPS WHO PRESENTED

GudogLola Garrido and Javier Cuevas presented their startup Gudog, a webpage that connects dog owners with experienced dog sitters, a service that can be very useful when you go on vacation and you do not have anyone to take care of your dog.

 

alterkeys

Alterkeys:Patricia González presented Alterkeys a web page for people who want to rent their home or apartment to travelers from around the world to make some extra money in a secure way.

 

 

dynotics

DymoticsMiram Muros and Alex Martin presented Dymotics an app that lets you control different devices in your home from you mobile phone. They even demonstrated the product turning on and off the lights of  IE’s Area 31.

 

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AGENDA IE VENTURE NETWORK 30th JANUARY

Escrito el 28 enero 2014 por entrepreneurship en emprender

 Join IE Venture Network Thursday, 30th January 2014!

The Venture Network is a weekly pitch slam is an invaluable resource for early stage entrepreneurs, a forum for engaging the entrepreneurial community, promoting your startup, and at best securing an investment from our Investors in Residence. The Venture Network is unique in that it is a very informal gathering where startups can meet investors in an informal setting over beers and snacks and focus on what’s important; building relationships. The Venture Network is a great way to perfect your pitch, get feedback on your product, and meet the local startup community.

The Venture Network´s resident panel of startup experts include:

. Javier Duran, Luce it
. Jose Antonio Vega, Alboran Corporate Finance
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Diogo Pereira, OKHA

The three startups that will present their project in 7 minutes will be:

Marta Antúnez, Chic Place

Chic Place is a market place that aggregates the most charming shops in Europe. ChicPlace.com offers a selection of unique products from small shops in Spain, France and Italy. We help small businesses to sell their products online and reach an international audience. We count with more than 200 shops and 5.000 items. ChicPlace launched in April 2013 and sold more than 100k€ in 2013.

Samuel López, RadarBar

RadarBar is a Smartphone app focused on nighlife that connects bar owners with bar goers and other users.

Santi Mas de Xaxàs, QVAPP

QVAPP Events, an Application that allows event organizers to Inform and Interact with attendees and to Spread their event through social networks.  IE Venture Network will be held every Thursday, from 7pm to 9.30 pm, at “AREA 31” María de Molina 31, CP: 28006 Madrid

Register your attendance here!   http://entrepreneurship.ie.edu/venture-network

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Etueri, a startup in Area 31, featured in RTVE.

Escrito el 23 enero 2014 por entrepreneurship en emprender

Imagen de previsualización de YouTube
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Alterkeys, incubated in Area 31, featured by Teknautas & Innovaticias

Escrito el 22 enero 2014 por entrepreneurship en emprender

Congratulations to Alterkeys! All this media attention comes after much work.

Alterkeys confidencial

 

 

 

 

 

 

Alterkeys innovaticias

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AGENDA IE VENTURE NETWORK, 23th JANUARY

Escrito el 21 enero 2014 por entrepreneurship en emprender

Join IE Venture Network Thursday, 23th January 2014!

The Venture Network is a weekly pitch slam is an invaluable resource for early stage entrepreneurs, a forum for engaging the entrepreneurial community, promoting your startup, and at best securing an investment from our Investors in Residence. The Venture Network is unique in that it is a very informal gathering where startups can meet investors in an informal setting over beers and snacks and focus on what’s important; building relationships. The Venture Network is a great way to perfect your pitch, get feedback on your product, and meet the local startup community.

The Venture Network´s resident panel of startup experts include:

. Rodolfo Nevado, Arrakis
. Kathy Céspedes
. Roberto Saint-Malo, BetaAngels Management LLC

The three startups that will present their project in 7 minutes will be:

Antonio Mangado, ADR Formación

Educational online community where users can CREATE, PLAY and LEARN with multimedia educational activities

Max Ruf, FLATTER

FLATTER is the most appealing way to get in touch locally with interesting people around you and find events which are taking place circling your current position. Additionally we have the vision to enable with FLATTER opportunities for advertisers which haven’t been there before.

Javier Chico, Etceter

Etceter is a cloud based solution plattform that enable users create simple web pages called “knowledge pills” in minutes, in which they can embed offline and online. Intent for sharing information with customers and providers in a more professional and traceable manner than attaching documents to an email.

IE Venture Network will be held every Thursday, from 7pm to 9.30 pm, at “AREA 31” María de Molina 31, CP: 28006 Madrid

Register your attendance here!   http://entrepreneurship.ie.edu/venture-network

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Author: The FikObservatorytrivago2

trivago es un metabuscador de viajes que se centra en hoteles. Esta página compara precios de más de 700.000 hoteles en más de 200 webs de reserva, como Expedia y Booking. Con sede en Düsseldorf, cuenta con 45 millones de usuarios al mes en sus más de 40 plataformas internacionales. La página fue creada en 2004, y  un año más tarde la pusieron en marcha sus tres directores ejecutivos: Peter Vinnemeier, Malte Siewert, y Rolf Schrömgens.

En 2007, el sitio inauguró las plataformas de España, Francia y el Reino Unido. Un año más tarde, se añadieron Polonia y Suecia y la compañía recibió $ 1,14 millones en concepto de financiación (Serie B) de la compañía británica HOWZAT media LLP. En 2009, se abrieron las primeras plataformas no europeas en los EE.UU., China, Japón, Brasil y México. El 21 de diciembre de 2012, Expedia compró una participación mayoritaria en trivago en un acuerdo en efectivo y acciones combinadas valoradas en 477 millones de €. Han abierto nuevas oficinas en Leipzig y Palma de Mallorca, y tienen una tasa de crecimiento imparable de100% al año.

Hoy, Fik entrevista a Rolf Schrömgens, uno de los tres co-fundadores y CEOs de trivago, donde está a cargo de Estrategia de Productos y Marketing. Conceptualizó trivago y codificó la plataforma desde cero. Gracias a su capacidad de comercialización, desarrolló y ejecutó todas las formas de promoción posibles. Antes de esto, fue co-fundador y Director de Desarrollo de Producto en Ciao y también fundó Monkfish Equity.

Fik: ¿En qué os inspirásteis a la hora de crear trivago? 

Rolf Schrömgens: La idea inicial apareció en 2004, y no estaba tan relacionada con el mundo del viaje en ese momento. Yo había trabajado para Ciao.com, fui uno de los co-fundadores. Estábamos construyendo una página de opinión y, básicamente, teníamos un montón de problemas, como lo cara que era la gestión de contenidos. Así que pensamos: ¿por qué no tener a los usuarios para gestionar el contenido? Con la ventaja de que la comunidad podría obtener dinero por ello. Y eso llevó a la idea muy inicial de trivago. Escogimos viajes porque es probablemente una de las áreas de las que la gente quiere hablar más. Y luego empezamos a programar, y estudiarlo de cerca, y nos dimos cuenta de que tal vez la idea más interesante no era la generación de los contenidos, pero más su monetización. Este fue el punto de partida del metabuscador de trivago.

Fik: ¿ De dónde viene el nombre “trivago”? 

Rolf Schrömgens: El nombre de nuestra marca pretendía tener una connotación de viaje, pero no debía estar totalmente centrado en eso, porque no estábamos seguros de si nuestro negocio sería solo de viaje o si se ampliaría a otras áreas. Se nos ocurrió el nombre poniendo sílabas diferentes relacionados con viajes en un tablero y probar lo que funcionaba, y ver si encontrar un dominio para ese nombre.  En ese momento no teníamos mucho dinero, por lo que solo podíamos permitirnos dominios que estuvieran libres. Yo era un fan de ‘travigo’, pero el dominio ya estaba cogido y nos iba a costar unos 100 € que no queríamos gastar en ese momento. Hoy en día, creo que travigo es en realidad un dominio de trivago, ahora tenemos ese dominio también. Pero en ese  momento dijimos “Ok, vamos a llamarlo trivago”.

Fik: ¿Pensar a lo grande, o pensar de manera realista, qué te define mejor? 

Rolf Schrömgens: Es una pregunta difícil, pero yo diría que “pensar de manera realista” Una gran parte de lo que hacemos en trivago es siempre pensar de manera realista que a lo grande . Lo de ser realista, para mi significa no hacer cosas de manera alocada, y trivago nunca las hace. Siempre estamos tratando de construir una compañía que gana dinero gracias a su propia inercia, y que no trata de dar saltos de gigante en cuanto a desarrollo. Queremos ir continuamente mejorando y más paso a paso que haciendo saltos gigantes y tomando riesgos.

Fik: ¿Qué tipo de ambiente de trabajo buscas conseguir en las oficinas de trivago?

Rolf Schrömgens: Para mí, es una cultura que evoluciona, es algo muy dinámico. Se puede crear una situación que evoluciona (con suerte) hacia lo que crees que es bueno. No es algo que se pueda conseguir. Se trata más de actuar de una manera específica, y animar a otras personas a actuar de esa manera también. En algún momento, es posible que tengas que definir o documentar este plan de acción, para que todos sean conscientes de ello. Es algo que realmente trato de hacer: documentar lo que está ahí, y comunicárselo a todos. Después de eso, puedes ir construyendo poco a poco el ambiente en el que quieres trabajar. Es importante ser auténtico, honesto con la gente, darles la libertad de probar lo que sea que necesiten… Creo que es importante crear en el entorno en que la gente confíe en la empresa, para que los empleados puedan ser muy eficientes y efectivos a cambio.

Fik: ¿Tienes alguna recomendación para la gente que está empezando?

Rolf Schrömgens: Muchas cosas,la verdad… Pero hay una tendencia, especialmente en los EE.UU. o Alemania, donde las empresas jóvenes ya invierten mucho de su tiempo en la financiación. Siempre van a por el gran salto. Continuamente están en busca de dinero, y siempre se centran en la financiación. Creo que un empresario debería centrarse en datos primero. Cuando tu negocio ya funcione bien, entonces la gente empieza a querer darte dinero de todas formas. Especialmente en Europa hoy en día, es tan importante mantenerse fuerte en el mercado e impulsar tu empresa hacia delante, centrarte en el desarrollo y hacer mediciones, etc. Creo que no deberían invertir tanto tiempo en buscar financiación.

Fik: ¿La crisis significa una desventaja, o un momento de nuevas oportunidades, en tu opinión?

Rolf Schrömgens: La pregunta es cómo esto afecta a tu negocio. Yo no diría que no hay empresas que no estén afectadas por la crisis, pero algunas más y algunas menos. Cuando te inicias en el mundo de los negocios virtuales, tus expectativas de crecimiento superan el 100, 200, 400% anual. Si la economía baja un 5% no te afecta realmente. Lo que realmente debes pensar es si realmente deberíamos fijamos demasiado en entornos macroeconómicos o si se trata más de nuestras expectativas. Y creo que una caída del 5% de la economía sería sólo un pequeño error en de ejecución. trivago es ahora más grande, pero sigo pensando nos vemos en muy poca medida afectados por los cambios macroeconómicos, porque seguimos creciendo más de 100% al año.

Fik: ¿Hay algún error del que aprendiste que puedas compartir con nosotros? 

Rolf Schrömgens: Creo que no hay demasiados a destacar. Realmente me cuesta pensar en un gran error, porque tratamos de no tomar grandes riesgos. (leer más)