Vic Verma

Verma talks about how the biggest mistake when identifying a market segment is not identifying the customer with the purchasing power. Your original market can be narrow, and will eventually ...

Savi Technology has been called an overnight success 15 years in the making. Vic Verma, president and CEO of Savi Technology, talks about what he wanted ...

Verma stresses the importance of listening to customers and learning what they need and want, rather than building a product based on assumptions.

Verma talks about how the initial idea of wanting to track children to cut down on kidnappings and lost children led to Savi's current technology. ...

When listing his first two lessons for aspiring entrepreneurs, Verma says you must love what you're doing, and you must listen to the customer. The ...

Verma says that no business plan will stand the test of time without flexibility. Be on the lookout for unintended customers, he says.

Verma believes that if entrepreneurs compensate adequately, employee loyalty is sure to follow. He stresses the importance of not being greedy as a CEO.

Verma explains why it is important to hire someone who is hungry, whose values and desires mesh with the company's. Rather than relying solely on the resume, look to these ...

Verma knows how important it is to have that big dream, and emphasizes that one must hold on to that dream. But it's essential to ...

Verma believes that learning from mistakes is something that every entrepreneur must do, and become comfortable doing. Rather than trying to avoid ever making a ...

Verma explains how a hearty dose of paranoia will keep a company fresh. Companies often make the mistake of relaxing once success is achieved -- ...

Verma warns not to forget about friends and family. A new venture will consume your life, he says, but you must be able to walk ...

Verma says it's not always about being in the right place at the right time, but rather about being there long enough that someone eventually ...

Verma talks about how it is important to understand the reasoning behind wanting to become an entrepreneur. He stresses that to do it for the ...

Verma explains the different situations in which venture capital might be a better funding option, including the desire to scale quickly. He also points out ...

Verma talks about how Savi was approached by the Defense Advanced Research Projects Agency (DARPA). DARPA has a small business research innovation program which awards ...

Verma talks about his personal transition from engineer to management. He is a strong believer in a technical education, and shies away from general management ...

Vic discusses some of the uses for the tracking technology developed by Savi, including many uses by the U.S. military during the war in ...