Building communities over the last 19 years, I used to be pretty convinced by one theory.<\/p>\n\n\n\n
The more you give = The more you receive.<\/p>\n\n\n\n
Assuming the role of a CEO has taught me that this is a fictitious one. \u261d\ufe0f<\/p>\n\n\n\n
Don’t get me wrong! This theory truly creates magic in all interpersonal relationships within a community but doesn’t quite work the same way when you want to build a stable monetary stream.<\/p>\n\n\n\n
When money is involved, there are so many external factors that might disturb the idea of giving. As a pay-it-forward community that accommodates startups from their very early stages, it’s also not just to put a number on the table.<\/p>\n\n\n\n
Yes, there are partners who have been continually generous, but let’s face it! ?<\/p>\n\n\n\n
EVERY ROUND OF SPONSORSHIP LASTS ONLY 12 TO 14 MONTHS. EVERY INITIATIVE DEMANDS MUCH MORE THAN WHAT MEETS THE EYE.<\/p>\n\n\n\n
This has led us to create SaaSBoomi Vanguard – a corpus fund designed to build a powerful flywheel, where founders pay it forward in a continuous virtuous cycle.<\/p>\n\n\n\n
I’d like to acknowledge that 25+ founders have already pledged their allegiance to this fund. I’m also sure that this number will increase in the coming weeks. ?<\/p>\n\n\n\n
Money is temporary. So it’s really important for us to create an influx stream that’s stable.<\/p>\n\n\n\n
Alternatively, I’ve spent a considerable amount of time thinking about evaluating our initiatives.<\/p>\n\n\n\n
Over the last 4+ years, we have been deeply focused on evaluating the input metrics. But that’s not enough! Output-driven evaluation will be the way forward and a passage for us to self-evaluate + question the tribe to arrive at some serious answers.<\/p>\n\n\n\n
? How fast has your startup scaled?
? How is your customer growth?
? How ready are you to manage VCs and handle acquisition opportunities?<\/p>\n\n\n\n
By asking such questions, we hope to arrive at answers that will help make subsequent inputs stronger and outputs larger.<\/p>\n\n\n\n
As SaaSBoomi’s DNA sinks deeper, I’m finally able to feel the pulse of being a CEO. I look forward to meeting with our VC network in a few weeks. They’ve been an abode of opportunities so far and will continue to surprise me, I’m sure.<\/p>\n\n\n\n
In less than 3 weeks, SaaSBoomi will turn 5. And I cannot wait to celebrate its birthday alongside y’all, the real heroes rallying the India SaaS vision across the oceans.<\/p>\n\n\n\n
In this spirit, I’m super-excited to announce our efforts to bolster relations with the GCC countries where SaaSBoomi, for the first time ever, plans to help create a market rather than thrive in one.<\/p>\n\n\n\n
More details are to be unveiled at the SaaSBoomi Annual, early next year. (6-8th March ’24)<\/p>\n\n\n\n
I’m sure reading that all this feels like firecrackers in the head. So let me take a pause to wish you and your family a very happy Diwali.<\/p>\n\n\n\n
May the light at home and in your heart keep shining! ?<\/p>\n\n\n\n
Sincerely,
Avinash Raghava<\/p>\n","protected":false},"excerpt":{"rendered":"
Building communities over the last 19 years, I used to be pretty convinced by one theory. The more you give = The more you receive. Assuming the role of a CEO has taught me that this is a fictitious one. \u261d\ufe0f Don’t get me wrong! This theory truly creates magic in all interpersonal relationships within […]<\/p>\n","protected":false},"author":6,"featured_media":10435,"template":"","newsletter_series":[72],"class_list":["post-15251","newsletter","type-newsletter","status-publish","has-post-thumbnail","hentry","newsletter_series-lol"],"acf":[],"yoast_head":"\n