“Hey, we are planning to build our Sales Team, you guys are doing great sales, how do you do it?” asked my alum who started his company, but was the only one in the team who was doing sales.

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Sales have been our primary growth driver, it brought in customer money which helped us bootstrap the company and be profitable. …

Most of the organizations today realize the importance of staying in touch with the former employees. As quoted by Reid Hoffman (Founder of Linkedin) in the article “Four reasons to invest in a corporate alumni network”, a company’s alumni can be a treasure trove of brand ambassadors, great rehires, potential referrals and a source of network intelligence. Establishing a well structured corporate alumni program is paramount in maintaining a great relationship with ex-employees.

We believe the following drivers help design a very good corporate alumni program:

1. Design at Organizational Level

A meaningful corporate alumni program needs to be an organizational level initiative driven by the company’s leadership and not just an HR or Employer Branding Initiative. It is very important for organizations to assign a dedicated person — “Alumni Relationship Manager”, who will not only create but also meticulously manage the entire program coordinating across streams like General HR, Payroll, Staffing and Business Development Teams. …

In my previous blog post Our Tryst with Y Combinator, I wrote about our failed attempt at getting into YC and why it left us more enthusiastic than ever. In this blog post, I am sharing the details on how our preparation to get into YC helped us gain clarity and direction and why I feel every serious entrepreneur should answer the YC questions regardless of wanting to get into the accelerator.

To give an overview, YC calls for applications 2 times a year and you need to apply by answering a set of questions. …


Paresh Masade

The world I see is full of happies and surprises, full of adventures and challenges, but it always brings you the best :) — Building Vaave.com at this moment!

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