Products are built the same way life has evolved and will keep on evolving in the future. The Red Queen Effect defines it well that how organisms must constantly adapt, evolve and proliferate in order to survive when pitted against ever evolving rival organisms in a constantly changing environment.
Most of the technology companies across the world have very similar organisational structures.
Did you know India’s per capita income for FY 2018-19 was Rs. 1,26,406 and for FY 2019-20, it is expected to be Rs. 1,35,048 ?
Per capita income can be defined as average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area’s total income by its total population.
Almost a year back, I met some of my old-time friends ( going back 20 years or so) for lunch. It was like a get together of 40+ year old men who were meeting after two long decades to catch up like bachelors. The meeting started with lunch and went on to dinner late in the night.
“It used to be thought that the events that changed the world were things like big bombs, maniac politicians, huge earthquakes, or vast population movements, but it has now been realized that this is a very old-fashioned view held by people totally out of touch with modern thought. The things that change the world, according to Chaos theory, are the tiny things.
Before I start expressing myself in this highly opinionated article about “Ed-tech” landscape of this country and the hype created by these companies, let me give you some numbers that are published by MHRD, the ministry responsible for the Indian education system.
As per MHRD report of 2016 (yes, that’s when they counted last for enrolment in Indian education system), India has more than 260 million students.
Child malnutrition is a big blot in India’s growth story. While the world is lauding India for its growing economy, bold reforms and hordes of investors are drawn towards the world’s second largest emerging market due to its population dividend, India is fighting an internal battle to control child malnutrition and provide a healthy growth to every child.
Whenever I discuss ideas about education platforms, about ed-tech companies or anything related to education sector in India, the foremost thing that is mentioned by everyone is “Dude !!! Indian education system sucks …” . So, like all other tech guys, a couple of years back, my natural tech instinct poked me to google “Problems with Indian Education System” (Go ahead, you can google it now also.
Alright! First of all, the term Coffee Budget is not a standard term. I coined this term in context of Entrepreneurship and Product Management. In my entrepreneurial journey of 5 years or so, I have met hundreds of people that include other fellow entrepreneurs at similar level as mine, the beginners, founders of successful startups, Angel investors, VCs of almost all shapes, sizes and stages, advisors, mentors, corporate big wigs or senior management officials, govt.
So, you are a tech professional (software engineer or anyone from tech industry). You have written code, managed teams and got promoted as the number of years kept adding up in your professional life. But now, after many years of experience, you believe that you should make a transition to something better.