Mark Cuban is Funding Open Source Entrepreneurs

I think, this is right time to start any business because you don’t have anything to loose. Whatever customers you will be getting is your plus point & of course if you can survive in this recession period you’ll definitely bounce back with next boom..

I came across this great blog regarding Funding for Open Source business

So, if you think you have some idea which can be transfered into a big business go ahead & put you business plan to Mark’s blog.

There are certain conditions like

• Business should be Open Source
• Break even in 60 days & profitable in 90 days
• Mark keeps all rights to fund a business or stop funding at all etc..

There are some more conditions, which you’ll find on his blog. Obviously there are hundreds of people submitting their business plans. I am waiting to see how many of them actually get funding & whether this creates some good companies.

Steve Jobs on leave..

Apple co-founder Steve Jobs is on sick leave till June 2009!!!

What could be impact of this news in such a critical time??
Will this affect share market of Apple & all dependent companies?
Will this give a new leader to Apple??
Can he increase iPod sell? or increase desktop market for Mac?

http://news.cnet.com/1606-2_3-50005030.html?tag=nl.e496

Its About Recession Again….

In my previous blogs i have mentioned about some points regarding recession from industry point of view..
But what about Freshers (Students)?
Some of them even don’t know understand seriousness of this whole thing?
For those who understand this, What i think they should do is… try to grab any job opportunity comes in front of them, try to get maximum knowledge & experience they can.. So that when market will gain its good position again they’ll be position to negotiate hard with companies.. Also each fresher/student must do something ‘Extra’ to get in focus.. If they have something ‘Extra’ than their colleagues, they are through else not.
Generally what IT students lack is “Domain Knowledge”. Most of them do not have Domain Knowledge of any industry, this is where non-IT people with good logic get jobs in place of a better skilled IT person. Many IT students think that they would be hired because they have Good Marks in exam & Good Coding skills.. But they should understand that coding is just one stage of SDLC(Software Development Life Cycle)..
I have seen many mechanical & production engineers getting jobs only because they have domain knowledge of their field.
So, be aware IT Student.. instead of enjoying your holidays this year make use of them to get some domain knowledge & ’something’ extra than your colleagues.. Otherwise you’ll not be a part of race..

Job Loss in US…

A report says, approximately 159000 jobs were lost in US in a month time. Which is worst scenario in last five years. We know about Lehman bros.Economic recession is continuing in every vertical these days. Many developing countries will be facing economy crisis due to this.

In India freshers (specially computer students) have a hard time these days. Fresh graduates & post graduates have a hard time in finding the job. Because this recession has caused slowdown in recruitment of freshers drastically..