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ENTREPRENEURSHIP
AND STARTUPS
SHIVAM VAHIA
FOUNDER AND CEO,
EOTO TECHNOLOGIES
@SHIVAMVAHIA | SHIVAM@EOTO.TECH
IN ASSOICATION WITH
1
WHAT IS EOTO? 2
WHAT’S OUR STORY?
TEAM EOTO
From Left:
- Parth Shah (Exec. Editor)
- Aakash Jhaveri (Chief Evangelist)
- Vikrant Patankar (Exec. Producer)
- You know me! 
3
WHO IS AN ENTREPRENEUR?
He’s an Entrepreneur!
Jeff Bezos
CEO of Amazon Inc.
4
WHO IS AN ENTREPRENEUR?
He’s an Entrepreneur!
Vijay Shekhar Sharma
CEO of PayTM
5
WHO IS AN ENTREPRENEUR?
He’s an Entrepreneur!
Your Grocery Store wale
Uncle!
6
WHO IS AN ENTREPRENEUR?
He’s an Entrepreneur!
The Bhel Puri wala!
7
Entrepreneur-ship!
 A person who sets up a business or businesses,
taking on financial risks in the hope of profit. Also
known as Businessman / Tycoon.
 The activity of setting up a business or businesses,
taking on financial risks in the hope of profit. Also
known as Business.
8
HOW TO GET STARTED?
1. Idea!
2. Business Model
3. Team
4. WORK
5. Overcome
6. Eureka!
9
BEFORE YOU START OFF…
 Clear out Legal Aspects (Partnership Deeds, Company
Registration, Contracts / Agreements, Patents / IPs)
 Understand your Business / Revenue / Income Model
 Get INVESTMENT!
A. Bootstrap
B. VC / Investor
C. Angel Investor / Incubator
Get started!
10
WHAT SHOULD YOU
EXPECT?
11
WHAT YOU SHOULDN’T
EXPECT?
12
A FEW MISLEADING /
MISUNDERSTOOD THEORIES
13
VALUATION
“Unlike valuing companies with revenues,
assets and longer track records there is no
agreed upon standards
for startups. Valuation of a pre-revenue
company is often one of the first points of
contention that must be negotiated between
angels and entrepreneurs.” - Forbes
14
VALUATION
 Back in 2014, Xiaomi received $1.1 Billion in
funding and was valued at a whopping $45B while
investors were aiming at valuation increasing two-
fold to $100B. But, in two years, today Xiaomi is
valued less than $4B. Obviously, multiple factors
are responsible for the fall of Xiaomi, often dubbed
as “Apple of the East”.
15
CASE STUDY:
REVENUE / REVENUE GROWTH
 A Business needs to sustain. For sustainability, you require
Profit / Income. If you’re in loss for a long period, it’s not
business.
 Revenue growth is necessary, but it needs to be along with
Profit. Positive Revenue Growth along with negative Profit
is of no use to anyone.
 It’s good that your business crossed $1 Billion in revenue,
but it’s of no use, because you lost $250 Million at the
same time.
16
OHH AND….
17
KEEP MOVING!
18
THANK YOU! 
BY SHIVAM VAHIA AT TCET
@SHIVAMVAHIA
SHIVAM@EOTO.TECH
19
A FEW SITES I RECOMMEND:
 HTTP://EOTO.TECH – OBVIOUSLY! ;)
 HTTP://TRAK.IN – BUSINESS / STARTUP NEWS
 HTTP://THEVERGE.COM – TECHNOLOGY / SCIENCE NEWS
 HTTP://TECHCRUNCH.COM – TECHNOLOGY NEWS
 HTTP://FACTORDAILY.COM – GENERAL NEWS
 HTTP://ANANDTECH.COM – In-DEPTH TECH NEWS
 HTTP://ZDNET.COM – TECHNOLOGY NEWS
20

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Entrepreneurship and Startups in India

  • 1. ENTREPRENEURSHIP AND STARTUPS SHIVAM VAHIA FOUNDER AND CEO, EOTO TECHNOLOGIES @SHIVAMVAHIA | SHIVAM@EOTO.TECH IN ASSOICATION WITH 1
  • 3. WHAT’S OUR STORY? TEAM EOTO From Left: - Parth Shah (Exec. Editor) - Aakash Jhaveri (Chief Evangelist) - Vikrant Patankar (Exec. Producer) - You know me!  3
  • 4. WHO IS AN ENTREPRENEUR? He’s an Entrepreneur! Jeff Bezos CEO of Amazon Inc. 4
  • 5. WHO IS AN ENTREPRENEUR? He’s an Entrepreneur! Vijay Shekhar Sharma CEO of PayTM 5
  • 6. WHO IS AN ENTREPRENEUR? He’s an Entrepreneur! Your Grocery Store wale Uncle! 6
  • 7. WHO IS AN ENTREPRENEUR? He’s an Entrepreneur! The Bhel Puri wala! 7
  • 8. Entrepreneur-ship!  A person who sets up a business or businesses, taking on financial risks in the hope of profit. Also known as Businessman / Tycoon.  The activity of setting up a business or businesses, taking on financial risks in the hope of profit. Also known as Business. 8
  • 9. HOW TO GET STARTED? 1. Idea! 2. Business Model 3. Team 4. WORK 5. Overcome 6. Eureka! 9
  • 10. BEFORE YOU START OFF…  Clear out Legal Aspects (Partnership Deeds, Company Registration, Contracts / Agreements, Patents / IPs)  Understand your Business / Revenue / Income Model  Get INVESTMENT! A. Bootstrap B. VC / Investor C. Angel Investor / Incubator Get started! 10
  • 13. A FEW MISLEADING / MISUNDERSTOOD THEORIES 13
  • 14. VALUATION “Unlike valuing companies with revenues, assets and longer track records there is no agreed upon standards for startups. Valuation of a pre-revenue company is often one of the first points of contention that must be negotiated between angels and entrepreneurs.” - Forbes 14
  • 15. VALUATION  Back in 2014, Xiaomi received $1.1 Billion in funding and was valued at a whopping $45B while investors were aiming at valuation increasing two- fold to $100B. But, in two years, today Xiaomi is valued less than $4B. Obviously, multiple factors are responsible for the fall of Xiaomi, often dubbed as “Apple of the East”. 15 CASE STUDY:
  • 16. REVENUE / REVENUE GROWTH  A Business needs to sustain. For sustainability, you require Profit / Income. If you’re in loss for a long period, it’s not business.  Revenue growth is necessary, but it needs to be along with Profit. Positive Revenue Growth along with negative Profit is of no use to anyone.  It’s good that your business crossed $1 Billion in revenue, but it’s of no use, because you lost $250 Million at the same time. 16
  • 19. THANK YOU!  BY SHIVAM VAHIA AT TCET @SHIVAMVAHIA SHIVAM@EOTO.TECH 19
  • 20. A FEW SITES I RECOMMEND:  HTTP://EOTO.TECH – OBVIOUSLY! ;)  HTTP://TRAK.IN – BUSINESS / STARTUP NEWS  HTTP://THEVERGE.COM – TECHNOLOGY / SCIENCE NEWS  HTTP://TECHCRUNCH.COM – TECHNOLOGY NEWS  HTTP://FACTORDAILY.COM – GENERAL NEWS  HTTP://ANANDTECH.COM – In-DEPTH TECH NEWS  HTTP://ZDNET.COM – TECHNOLOGY NEWS 20