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Confession Of Entrepreneurs
By siliconindia
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5 Comments
Ramesh Jagannathan, Co-Founder, Lucivid Software
“During our initial days, we made a big mistake by over estimating the market and how much we will be able to reach. The result, we failed to fulfill the target and lost our precious resources in terms of money and time,” says Ramesh Jagannathan, Co-Founder, Lucivid Software. Churning the first revenue out of the sales and transforming it into working capital is more difficult than it appears in the business plan. They tried to do every bit of the work themselves. When the founders realized their mistake, they tried to broaden their channel through collaborating with how have more larger reach then theirs and help them churn more revenue in a lesser cost of marketing and advertising.
