START UP ECO SYSTEMS COMPARED

Dear Amitabh ,

Since you personally interacted with the Start Up Eco-System in Silicon Valley , you will appreciate my today's blog

with regards,

hemen  / 0 - 98,67,55,08,08

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Start-Up  Eco-Systems  /  USA  vs  INDIA

Whereas there is a lot to learn from Start Up Eco-System of Silicon Valley , it cannot be blindly replicated in India

Here is why :

In Silicon Valley , a typical start up has its roots in Internet

These are web sites / mobile apps focusing on,

*  E Commerce

*  Social Media

*  Price Comparison

*  Geo-location

*  Dating

*  Buying - Selling

*  Causes...................etc

In India , we are talking of getting " Unemployed " to launch " Start Ups "

Anywhere between 100 million to 400 million " Unemployed " for whom neither Public Sector nor Private Sector , is in any position to create jobs

We want them to become " Self Employed " - what Shri Narendra Modi described in USA , as our " Personal Sector "

They are unlikely to launch Web-based businesses , even if their businesses will require them to have a Smart phone , on which , their customers can reach them

They aspire to become :

*  Street-side Vendors ( Vegetables / shoes / purses / Fruits / trinkets )

*  Craftsmen ( Plumber / Electrician / Carpenter / Repairer  )

*  Dhobi / Barber / Pan Beedi shop-owner / Tailor / Mochi

*  Doodh-wala / Ruddi Paper-wala / Gajra-wala / Delivery Boy

*  Cook / Maid / Courier / Tuition teacher / beautician / Taxi Driver

*  Home-cooked Tiffin Service / Car wash / Gardening

The contrast ( from Silicon Valley ) is striking !

How can we help millions of jobless to set up such micro businesses ?

As USA entrepreneurs advised :

By Government ( Central / State / Municipal ) getting out of their way !

How ?

*  No licenses / permits / approvals / registrations

*  No personal Income tax ( a dejure recognition of a defacto situation )

I hope Policy Makers will think " Out of Box " and implement ,

Start Up Act - 2015

Anything less just won't make much difference !

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hemen  parekh

01  Oct  2015

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