Preparing for the plunge : Building your network
Now this is completely through experience. I did not do any of the following mention things and it hurt us BIG time.
- Increase your online presence BIG time.
- Start a blog. Even if you are not a great writer. Does not have stories. Just start the blog.
- Put up information from other blogs with links to slideshares/youtubes/celebrity blogs.
- Make sure you start sharing your URL with friends. Use simple SEO techniques to drive traffic.
- Keep updating the blog at least twice a week or so. Make sure you reply to comments.
- Comment on other blogs with link to your blog.
- Make sure you start an independent blog. IE something like sushrutbidwai.com rather than sushrutbidwai.blogspot.com.
- Twitter
- For now twitter in India is used by people who are very active on entrepreneurship scene.
- Bloggers, entrepreneurs are very active on twitter.
- Use it to connect with the community.
- Have a conversation. Build your network.
- LinkedIn
- Update your linked profile.
- Increase your network.
- Be active on groups related to the market your are getting into.
- But don’t be open net-worker. Desperation has not given any one results.
- Unconferences
- Barcamps and other tech camps like PHPCamp, OpenSocialCamp are great ways to connect with start-up community.
- Make sure you are regular at these events.
- Travel far and wide to reach out to the community across India rather than just your city.
- If possible present something. Conduct few sessions.
- Customer relations
- If you know who are going to be your customers, then start talking to them.
- Find out events these people go to and attend those event.
- Subscribe to groups related to your customers on linkedin and be active there.
- Start preparing list of customers you have in second-degree network IE contacts of contacts.
- Competitors relations
- Since you are just planning at this stage, competitors will not hesitate in talking with you.
- Conferences and unconferences are great places to talk to competition.
- Connect with talent working with competition.
- Investor relations
- This is probably the most important thing to do.
- You will find investors at conferences, events like Proto, HeadStart, WATBlog Mixer and many such events.
- Angel investors are also great help in providing mentoring. They are much more approachable, available and willing to help out young entrepreneurs.
- Do not mention funding requirements ever when you meet investors informally.
- Ask for advice, pointers, guidance. People help you when they like you.
<This is going to be a series of articles. I will also talk about how to prepare for the entrepreneurship itself>