Vic Verma,
Savi Technology
Know Your Customer
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 ...
Vic Verma
Savi Technology
Vic Verma,
Savi Technology
Savi Technology Creates the Internet of Things
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 ...
Vic Verma,
Savi Technology
Customers Will Say What They Need
Verma stresses the importance of listening to customers and learning what they need and want, rather than building a product based on assumptions.
Vic Verma,
Savi Technology
Savi’s Winding Road to Success
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. ...
Vic Verma,
Savi Technology
Passion and the Customer
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 ...
Vic Verma,
Savi Technology
Flexibility is the Key
Verma says that no business plan will stand the test of time without flexibility. Be on the lookout for unintended customers, he says.
Vic Verma,
Savi Technology
Spread the Wealth
Verma believes that if entrepreneurs compensate adequately, employee loyalty is sure to follow. He stresses the importance of not being greedy as a CEO.
Vic Verma,
Savi Technology
Hire People for Their Values
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 ...
Vic Verma,
Savi Technology
Dream Big Dreams
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 ...
Vic Verma,
Savi Technology
Mistakes Will Happen
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 ...
Vic Verma,
Savi Technology
Be Paranoid
Verma explains how a hearty dose of paranoia will keep a company fresh. Companies often make the mistake of relaxing once success is achieved -- ...
Vic Verma,
Savi Technology
Life Outside of Work
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 ...
Vic Verma,
Savi Technology
Persistence Pays Off
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 ...
Vic Verma,
Savi Technology
The Reality of Entrepreneurship
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 ...
Vic Verma,
Savi Technology
Venture Capital vs. Customer Funding
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 ...
Vic Verma,
Savi Technology
Sources of Small Business Financing
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 ...
Vic Verma,
Savi Technology
Finding Your Strengths
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 Verma,
Savi Technology
Tracking Technology and Growing Globalization
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 ...
