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Venturing into a mature market?

This is my first post in TRHS. Needless to say, “YOU GUYS ARE DOING A GREAT JOB!!!

I was quite inquisitive about certain things.

Initiatives, Innovation, strong decision making are the key aspect of an entrepreneurs & of course they should be willing to take risk. I was wondering risk taking is a part & parcel of an entrepreneur’s life. But can it be to an extent of venturing a start up in a very mature market. The very best example is Mr. Ashok Soota’s Happiest Minds which he started couple of years back in a >$100 billion IT industry with more than thousands of IT Companies & still they are growing exponentially. 

So in a mature market:

(1) If they can acquire more than 25 clients in the first year, Does that mean, opportunities in IT Industry is still untapped? or is it, as always, “Survival of the fittest”?

(2) If it is “Survival of the Fittest” then what about the billion dollar IT firms?

(3) If it is the right corporate strategy/ sales strategy at the board level, then will that be applicable for all the industries?

Need your valuable inputs!!!

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  1. As far I know,

    Happiest Minds was started by Ashok Soota who was
    1) Co founder of MindTree
    2) CEO of Wipro Infotech.

    When you have a person of that stature starting up, he would obviously bring many of those clients.
    It is eventually contacts and people skills which would attract a prospective client or retain an existing one.

    Moreover Vikram Gulati is another high profile name who brings in great expertise in project execution.

    When you have these founders and Intel Capital, which provides enough capital it would have been a surprise if the number was not 25!

    I hope this answers some of your questions!

    P.S- I am not a Happiest Minds employee.. 🙂

    Cheers,
    Tejas Nimbargi

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