Start-up Business Scenario

How is the startup investment scenario in Kolkata?

Its bad! If you want to startup go to Gurgaon/Mumbai/Banglore/Dubai (gurgaon is a cost effective option compared to all the others and in dubai the government is helping startups of create job opportunities, mumbai is expensive and even banglore most probably )kolkata is a city ruined by politicians! See the tata nano factory case! It could have created so many job opportunities in west bengal but you must be aware what happened next…there is no point starting up there until you're from a big fat marwari family and have great political connections. Only old family businesses are the best form of business there!Hope that helps :)

How is the startup scenario in Ireland?

I work with the Irish government to promote their programme for immigrant entrepreneurs - more info at http://startinireland.com, happy to connect with you directly to answer the above in more detail.Plenty of Irish startup success stories: off the top of my head check out Havok, PolarLake, Trustev, Datahug, Teamwork, Hostelworld...

Which business is good according to today's scenario?

Well according to me, the business which will be the best for today’s scenario is probably the Startup’s. As we can see how Startup’s like OLA Cabs, OYO Rooms etc has been growing day by day and earning good bucks. Albeit, it requires some sharp minds so put up your thinking caps on and make it a good deal.

What is the best startup business for a newbee in India in the current scenario?

The best business these days are owning a franchise of a good company, they are best because working under a well-known brand name such as McDonalds or Subway has obvious benefits for franchisees. There is increased security for your enterprise – not only are you following a tried and tested format, you can also benefit from the bigger bank balances of the larger corporations when it comes to funding for improvements.You can also save time and energy by not worrying about generating publicity to raise the awareness of your firm – customers will know what to expect from a big chain and will often flock to a brand name.Having an established market, proven systems and a respected business name means that the battle is already half won for you before you even start your first day of trading.Franchise business is on fire these days, my ideas for best franchise as looking forward to this period of time is the company, who is achieving success day by day because of their working ethics and responsibility of fulfilling there customers needs at time.Phixman. The best company to rely on or spending your money on these days, Phixman is the Online Mobile Phone Repair Service Company. As we all know Smartphones has become part of lives. We want Smartphones with us no matter what the situation is, and if it stops working or gets broken, the pain is as same as a heart attack. But thanks to Phixman, We can now get best repair for you mobile phone by sitting at your home. All we have to do is just open the Phixman’s website, enter our address and that’s it. They will come to our place, take our Smartphone, Repair it and then deliver back to you. That’s not it, we also get 1 month of warranty for our smartphones. This is currently very successful and a very promising new concept for business.

What exactly is a startup bubble? What are the scenarios of its bursting?

The main reason for a start-up explosion/bubble is because the building blocks for digital services and products have become so cheap and flexible. Anyone on the planet can handle a start-up, and as a result of it start-ups have become lean with a life of its own in being part of different eco-systems. Start-up bubbles will not burst per se in a traditional sense like for example a real-estate market. Start-ups are here to stay as a living entity and are an ongoing exploration for the owners of the start-up since everything can be outsourced to maintain the organization. In terms of capital however, it is more expensive than ever to scale up a Start-Up if you approach it from a corporate way of thinking with fixed agendas pouring massive amounts of money into the organisation. The VC and Angel community in Quora have discussed this at length on how to think when financing start-ups where  David S. Rose has written many interesting posts.The Internet and as such the digital market with different digital business models contracts and extends in other ways than traditional business models and markets. Just look for example at Facebook and its ongoing debate on how much the company is worth until it finally has been turning a profit. Due to how stock market works and the rapid development of technology there will be isolated hick-ups, micro bursts and also spectacular bankruptcies (however, the bankruptcies are an unlikely scenario. Rather some other company will see the opportunity to buy a company cheap because of its share of customer assets in a digital market).The future challenge lies in creating functioning financial eco-systems, were new innovative ideas and interesting technology can get the attention it deserves, understanding that the collective around the start-up is smarter than any isolated organisation calling themselves a business accelerator. Y-combinator seems to have understood this, more organizations should follow.Financial growth for a start up will never be exponential linear shaped as a Hockey-stick. However, to paraphrase Victor Hugo "Nothing is as powerful as an idea for whose time has come". If its the right idea with the right management, the company can become a giant in a global digital marketplace if size and volume is it's objective .