Blog

  • Against all odds: The IT story of India – Kris Gopalkishnan and others

    I first heard about this book when one of the doctoral program alumna of IIMB, Dayasindhu, shared the book he had written on the WhatsApp group. As someone who is excited by history and likes to read about it, I wanted to get my hands on this as soon as I could. I thought this would have several overlaps with the other book by Kiran Karnik about the NASSCOM, but I was pleasantly surprised there was little to no repetition. 

    The book is written by 3 authors—Kris Gopalkrishnan, N. Dayasindhu, and Krishnan Narayanan. Dyasindhu and Krishnan are founders of the itihaasa Research and Digital, which has been working on the IT history project for quite some time. This book is possibly the most comprehensive story about the evolution of the IT industry in India, right from the import of the systems at various IITs through to the proliferation of the IT companies across many metros. I have read a few books (mostly anecdotal and personal accounts) about the IT history in the country, but this one scores it very high on the documented history. The authors take you on a wonderful journey. 

    If you are looking to learn about the IT industry’s trajectory over the years, This is possibly where you need to start and then fit the other personal narratives into the story. 

    Happy Reading!

  • The Hard thing about hard things – Ben Horowitz

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    Simply an amazing book! If you are the CEO of a startup that is scaling and you are looking for a collection of learnings that could help you develop multiple perspectives about what the options that are available are, this is the book.

    Horowitz talks about several dilemmas that run through the minds of the entrepreneurs. In addition to sharing the personal war stories and several of the other companies that you may have heard about, he gets the challenges to the fore. The issues he talks about cover demoting/firing a friend; using titles and promotions; hiring from a friend’s company; managing personal psychology; hiring the smart people and what to do when they are bad employees; when to sell your company; and many more.

    I have recommended this book to several entrepreneurs who I believe are in the stage of looking if they have some right answers. If you are too, get yourself a copy.

    Happy Reading!

  • Rokda – Nikhil Inamdar

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    Part of “The Indian Business” Box set, ‘Rokda’ focuses on five Baniya businessmen who have disrupted their respective industries. The book sheds light on the story of Emami, Snapdeal, Meru, Hindware, and Bansal classes.

    The book is a light read for the enthusiasts who want to know the stories. Do not expect any deep insight about the community or the style of doing business.

    Happy Reading!

  • Trillon Dollar Coach – Eric Schmidt and others

    I had read about Bill Campbell, who had mentored several Silicon Valley founding teams, and when I learned this book was about him, I could not wait to get it and start reading.

    Quite unlike several other books, where the authors are working closely to put across their ideas, this one was more a tribute to their coach. Eric, along with Jonathan Rosenberg and Anal Eagle, takes you through their experience and the experiences of several others who had benefitted from the coach’s direction in their lives. Filled with several anecdotal stories, this book sheds light on what the authors feel were the key principles with which Coach Campbell operated.

    I find this a lovely read, which I guess I would like to go back to several times over the years to learn how to deal with people.

    Happy Reading!

  • Voltage Effect – John A List

    One of the rare books that I have read about scaling up of ventures. Written by a behavioral economist and an academician, John A. List, this book integrates the scaling challenges and the experimental rigor in its writing. I loved this.

    Building on his personal experience of working with Uber and then later Lyft, John touches up on several aspects that would be helpful when one is trying to understand the venture scaling from a relative distance. He highlights several key conditions for scaling, like the ingredient’s vs. the chef, the challenge of false positives, spillovers, the role of incentives, knowing when to pull the plug, and many more aspects.

    If you are grappling with trying to understand what some of the conditions could be that could answer if it is the time to scale and what you would need as ingredients before you start, this book will give you some of the answers. 

    Happy Reading!

  • Masters of Scale – Reid Hoffman

    I had been listening to Reid Hoffman’s podcast with the same title—the Masters of Scale—for nearly a year and felt there may be something more that I would get from this book. But I must admit, I was a bit disappointed while I read through the book. Most of the book talks about similar lessons that have been shared in the podcast, and this book gives very little additional insight or analysis that I would have loved to see from Hoffman, where he has a more elaborate canvas to detail out.

    I must admit, this could be my bias given the years I have put into the entrepreneurial ecosystem here. You may also find the book interesting if you have not heard the podcast as well.

    Happy Reading!

  • The Mom Test – Rob Fitzpatrick

    An exceptionally quick and handy read for those who are in the early stages of your startup journey. If you are thinking of following the lean startup approach of conducting qualitative interviews with your potential customers, this book is a must-read.

    Of all the examples and learnings he shares, I love the mom and son conversation, which I borrow into my classrooms (mostly my MBA classes) to explain the importance of listening to customers before you sell the solution. The book is embedded with several nuggets of learning for the early stages of an entrepreneur.

    I would recommend this one for all early-stage entrepreneurs.

    Happy Reading!

  • The Culture Code- Daniel Coyle

    One of my quests is about how organizational cultures get formed. My search got me to this handy book, which I suggest entrepreneurs do read—preferably early on in their venture so that they give themselves the time to build the organizational culture and allow for its development before they get to the growth phase where it’s the recruits and culture that would take over more of what they are doing through direct intervention.

    Daniel in The Culture Code breaks down the process of forming a culture for successful groups into three phases. The first emphasizes building safety into the culture, allowing for people to develop trust. The second emphasizes the role of sharing vulnerability in building the exchanges that would allow for trust to strengthen within the team and develop cooperation among the teams. And lastly, the role purposes play in the continuation of the group performance once the team culture has begun to take root.

    I would recommend this one for all early-stage entrepreneurs.

    Happy Reading!

  • 7 Sutras of Innovation – Nikhil Inamdar

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    This book by Nikhil was sponsored by the Marico Innovation Foundation to study the scaling up of eight organizations to emerge as the top player in their own fields. No, it was not intentional that I went out searching for another book by Nikhil Inamdar the same year. It is just one of the coincidences.

    Given the mandate of talking about these eight ventures, I think Nikhil has done a great job of presenting the stories of the eight ventures. I loved reading the stories of the following eight companies in the book: Tanbo Imaging, Goonj, Rivigo, ISRO, Forus Health, Agastya International Foundation, The Better India, and St Judes.

    The academician in me, however, began asking the question, so what? What could we extract from these eight that we could generalize? This is one layer that I would have loved to see in this book. I understand it may not have been the objective of the book, but I feel it would have given it a sense of direction having read the stories.

    Happy Reading!

  • Back to Bharat – Naga Prakasam

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    I have known Nagaraja Prakasam (Naga) since 2014, when he became the resident mentor at NSRCEL. He used to regularly sit at the “Naga Tree” close to IIMB and mentor startups who came to see him. Over the years he has invested in several of startups, and a recent post of his where he mentioned his debut book won the GLF-WWF Green Honours award suggested the count stood at 18. The book focuses on building how Naga is helping build a sustainable future through his work with entrepreneurs and several ecosystem enablers.

    I had not purchased the book and had been postponing that, but Naga was keen on developing a course on social entrepreneurship and sought some assistance. When I mentioned I had not yet read his book, he got it couriered right away. I finished reading the book—actually, the book is a breeze to read—and written in simple language. 

    I believe the book is inspired by “My Experiments with Truth” (MET by Mahatma Gandhi). Naga does mention the impact this book had on him, but in here I feel the style also seems to mostly match. MET shares several experiments that Gandhiji had conducted in his pursuit of truth; in here, Naga shares a lot of these interactions with social entrepreneurs, enterprises, and life-altering conversations. As a reader you will know Naga more closely—the thoughts that motivate him and the perspective he carries. 

    I, however, felt the number of experiences he shares was a bit too many to my liking. As someone who has been used to thinking and working with and towards some framework, I felt this section has been missing from the book. I wish several of the thoughts could be structured to create a pathway for others to refer to. But that is also possibly not Naga’s fault. It is me as an academician looking for generalization— as a reader, you may be perfectly fine with the rich stories he shares. 

    Get your copy from here: https://amzn.in/d/4v44fKr

    Happy Reading!