On a random Monday afternoon, as I was going through my Facebook NewsFeed, I came across a picture; a picture of a wonderfully decorated furnished space. The internet is an abundance of such pictures but what made this one stand out was a layered text that asked and answered a simple question, “Looking for a place to work or study? Rent a space at Rs. 25 per hour.”

For anyone who loves to work beyond their room’s almost detention like confines, this is a game changer. More than often, there have been days when my friends and I have wandered…

(Source: media.licdn.com)

Every booming startup reaches a point where the team has to undertake growth measures. As operations start to standardise, startups get more acquainted with their resources and market. This exposes them to new opportunities they can pursue for growth. Growth is a positive thing, but there are certain challenges that entrepreneurs and managers need to keep in mind. It is easy for a firm to overshoot its capacity to manage growth in ways that can diminish the venture’s sales, revenues and profits.

Here are four common challenges a growing firm faces on a daily basis.

Managing cash flow…

Source: FoodMandu Blog

For a person working nine to five in an office, the lunch-time and lunch experiences aren’t very good. Be it because of the food on the table, the time your eatery takes to serve your lunch or packed atmosphere in your eatery nearby- office employees regularly are forced to gulp down their food than enjoying them. Another common experience, if you are specific about food choices like me, is you don’t get everything you want at one place. And you can’t always afford to keep hopping from one place to another. …

Niraj Shah, cofounder of EventGrid, an online event management and ticketing platform based in the US, talks about some of the turning points that shaped his career.

Turning Point 1: Getting into IT

After graduating class 12 from New Delhi, Niraj Shah made a decision that would alter the course of his life. It wasn’t a big decision. It was a route that most young Nepalis take — he decided to move to Australia to pursue a career in Computer Engineering. But what followed is something he had not dreamt of. …

If you are like many aspiring entrepreneurs, coming up with a potentially profitable idea is one of the hardest things. You have been led to believe that coming up with a good idea for a startup is very hard, so you get intimidated by it. The general belief is that good ideas come by pure chance, they either pop into your head or they don’t.

One of the main reasons people think this way is because they over value ideas. They think creating a startup is only a matter of implementing a few amazing initial ideas. When a person starts…

Prabin Subedi is a startup lawyer and one of the cofounders of Paramount Legal Advisory Services (PLAS). In his role as a mentor at NEXT Launchpad, Subedi plans to help startups understand basic legal and licencing implications in Nepal, with an emphasis on tech-related issues. This lightly paraphrased version of Shrestha’s interview with VMAG’s Barad Ghimire encapsulates Subedi’s insights on all the necessary legal steps a new startup should follow, from creating a new legal entity and securing intellectual property to being compliant with cyber laws.

Starting up: Thinking through your legal identity

There are multiple ways one can register a company, depending on the type of…

Amun Thapa talks about the art of attracting investors

Amun Thapa is the co-founder of Sastodeal.com, the popular e-commerce site. He is also the co-founder of Anthropose Pvt Ltd, a ‘social-good’ company focused on finding sustainable entrepreneurial solutions to social problems. In his role as a mentor at Udhyami Seed Camp, Thapa plans to help startups understand seed investments and guide startups into taking appropriate investment decisions.

In this interview with VMAG’s Mohit Pradhan, Thapa talks about his understanding of seed investments, his dealings with investors who provide seed investment, the different types of investors that are there in the…

Dalle is a derogatory term used to denote stunted growth in colloquial Nepali. The rise of Dalle- a comfort food outlet for the residents of Kathmandu, named after the small round red chillies abundant in the Himalayas — on the contrary is a story of anything but. Good food, consistent quality and quick service are keys to Dalle’s rise to a fast-food chain within a few years of its fateful start in October, 2011. Dalle started small as a khaja-ghar around the corner in the busy streets of Kamaladi with six employees. Today, it has three operational outlets (Labim Mall…

(Source: diligences.com)

What do you think a startup idea should be like? Words such as ‘unspoken’, ‘unheard’ or ‘undiscovered’ might strike your mind. But such are the misconceptions that has made our process of creating a startup idea — your ‘Big Idea’ — difficult. We should realize that this process of filling up our idea slate just requires a right mindset where we are open to look around for inspiration, share our ideas with others and develop it. …

Read about how Sasto Deal’s journey from garage to all over Nepal.

If you rekindle the memories from 2010 to understand what e-commerce was like in Nepal and if you juxtapose that with the current e-commerce dimension of 2016 in Nepal, then you can observe the massive boom that has taken place. From buying on your only free Saturday afternoon in physical stores after your busy week to purchasing on your office desk with a single click, the past five years has not only brought an economic shift but also the cultural shift among the Nepali customers. …

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