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11 tips to grow beyond the start-up phase.
2008-05-25 10:15:00
11 tips to grow beyond the start-up phase HIRE PEOPLE WHO ARE BETTER AT THE JOB THAN YOU AREIt’s a fact that companies are built by people, and the best people build the best and most profitable companies. Put simply, great employees may cost you 20 to 30% more in wages, but they can be twice as productive as mediocre employees. Invest in good people.PLACE HIGH URGENCY IN EVERYTHING YOU DOAlways


The Making Of Richard "virgin" Branson
2008-05-24 03:21:00
Challenge yourselfRichard 's first big challenge came when as a five years old kid he wanted to swim in a beach but could not do so as he did not know how to swim. Inspite of trying his best , suffering cold water and swallowing whole lot of sea water, he lost out the bet with his aunt who offered ten shillings if he could learn swimming by the end of the holiday.While return he was obviously very
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5 Traits You Cannot Teach In Customer Service.
2008-05-24 02:40:00
5 Traits You Cannot Teach In Customer Service There are some character traits that cannot be taught in Customer Service ..If we could, we would because it would make the whole world a better place, not just Customer Service. We can't, therefore we work with people whom we believe to most exemplify these traits. Here are 5 you cannot teach.1. Enthusiasm. We see it, we feel it and boy, do we wish eve


Amazing Story of Koutons.
2008-05-24 01:50:00
Story of Koutons.If you go into any mall watch out for Koutons retail outlets.Why ? Let me ask you a question , which apparel brand has the highest number of exclusive retail outlets? It is not Levis or Benneton or Arrow , it is Koutons . It has 1000 exclusive stores almost 4 times of any other apparel brand stores. An impossible target for even big spending MNCs.This is the story of Mr. D.P. S. K
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Changing Tech-tonics of VC land
2008-05-18 09:10:00
Changing Tech-tonics of VC landVenture capital funds are shedding their single-minded focus on technology startups and looking at non-tech sectors such as food & retail.THE dotcom boom had a lasting impact on the fund-raising scene in India. While bank loans were the primary source of capital earlier and venture capital an increasingly attractive option later, it was during the time of the int
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Saving Lives On The Move
2008-05-18 09:05:00
Saving Lives On The MoveTaking The Patient To Hospital Safely Is A Mission For Roy & TripathiFOR years, calling an ambulance in India has been a painful experience for those needing emergency care and their dear ones. An eternal wait would be followed by the visit of a rickety vehicle lacking much sophistication beyond a bed and siren. Apathetic drivers on the road would ignore the vehicle as
Read more: Saving

Seven ways to avoid Growth Traps for Successful Entrepreneur
2008-05-18 08:47:00
Seven ways to avoid the growth trapsSO, YOUR startup has become a success and is all set for the growth phase. Good luck, but take care to avoid the following traps.Underestimating The Cash-Burn RateHere’s an all too familiar scenario: Projected revenues start taking off in year five, but it’s only year three, the company is still losing money and it only has 12 months worth of cash in the kit
Read more: Entrepreneur , Growth , Seven , Traps

Healthy Business.
2008-05-18 08:40:00
HEALTHY BUSINESSDippankar Halder, CEO, Spinach talks about the retail chain’s practice of hiring vendors and making them partners in the business’s growth.Q: IS THE GLOBAL RETAIL FORMAT CONDUCIVE TO THE INDIA SCENARIO? As a culture, the retail business in India has been flourishing for four thousand years. Commodities are bought and sold here in a certain way and we’re all used to that. The
Read more: Business

When Business Thinking is married to Technical Ideas.
2008-05-18 08:27:00
Business Thinking is married to Technical Ideas. The Indian IT industry is currently witnessing a silent, but very compelling transformation, wherein technology is being viewed as a means to attain business ends, and not an end in itself.If as developer a product to is he needs being is to developed be clear it in , whom the his mind for why developing , and how it would help the end customer. Mor
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How 51 Gorillas Can Make You Seriously Rich?
2008-05-15 10:42:00
HOW 51 GORILLAS CAN MAKE YOU SERIOUSLY RICH Or, why so many business books are awfulIF YOU want to profit from your pen, first write a bestselling business book. In few other literary genres are the spin-offs so lucrative. If you speak well enough to make a conference of dozing middle managers sit up, your fortune is made. You can, says Mark French of Leading Authorities, a top speaking agency, ma
Read more: Gorillas , Seriously

Oppurtunities, Now a Mouse Click Away.
2008-05-11 05:53:00
Oppurtunities, Now a Mouse Click Away.Only 1 per cent of the Rs. 1,800 crore online advertising industry in India has been tapped so far. What is the future of this booming industry?The Rs 1,800 crore online advertising industry throws a huge entrepreneurial opportunity to the creatively enterprising types. You could either create your own online advertising agency, where everything happens online


If Wishes were VCs..
2008-05-10 12:26:00
IF WISHES WERE VCS...A Young and successful entrepreneur can be a charmer or a bungler. It is easy to tell when the person faces venture capitalists. Jacob Cherian sits through a mock deal flow session.YES. I do.” Those three little magic words that embark a person on the matrimonial pulpit on a journey full of uncertainties and hopefully big rewards. In the world of business, they are very occa
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7 ways to Stretch your Marketing Budget
2008-05-10 12:23:00
7 ways to stretch your marketing budgetMARKETING isn’t just an expense; it's an investment. The key is to market smarter and fully utilise your marketing budget. Here are seven ways to stretch your marketing rupees and increase your bottom-line profits:Use free publicity:It costs you nothing and builds credibility and awareness. So look for opportunities to be involved with community activities.
Read more: Marketing , Stretch

Banking on IT for Drug Discovery
2008-05-08 12:45:00
Banking on IT for Drug Discovery DISCOVERING India’s first ‘new medicine’ is perhaps the greatest dream of the country’s medical scientists. Leading Indian companies like Dr Reddy’s and Ranbaxy are yet to stun the world with an innovative medicine, despite a decade or more of research efforts. Their global success, so far, has come from copycat generic drugs. So then, why is Supreet Deshp


On Wings of Social Entrepreneurship
2008-05-08 12:39:00
On Wings of Social Entrepreneurship Corporate Professionalism Is Spreading To The Social Sector, As Professionals Give Up Comfortable Corporate Careers To Work With The MassesWHEN 24-year-old Anand Shah was flying out of India back to America, another Indian sitting next to him on the flight was complaining. “The taxi drivers, they fleece you. The food, the water… oh, I was sick for four days o


Towards Sustainable Welfare.
2008-05-08 12:35:00
Sustainable Welfare TODAY, about 300 multinationals control 25% of the world’s assets. Indian companies currently comprise only a fraction of this number. However, with our economy coming of age, more and more of them will lay claim to this elite list.While this is truly a matter of great pride, we must remember that there rests an equally momentous responsibility on us to give back to the societ
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A Leader Should Know How to Manage Failure
2008-05-08 11:36:00
'A Leader Should Know How to Manage Failure'(Former President of India APJ Abdul Kalam at Wharton India Economic forum , Philadelphia , March 22,2008)Question : Could you give an example, from your own experience, of how leaders should manage failure?Kalam : Let me tell you about my experience. In 1973 I became the project director of India 's satellite launch vehicle program, commonly called the


Health and care for all.
2008-05-05 12:46:00
Health and care for allTHAT India’s primary healthcare is in dire straits is well known. While the affluent sections are being overwhelmed with the choice of superspeciality service, there is a widely held belief that there is no money to be made in providing healthcare to the bottom of the pyramid. Some entrepreneurs are challenging this as a myth and trying to improve the health of healthcare
Read more: Health

Making Money with the Click of a Mouse.
2008-05-05 12:39:00
MAKING MONEY WITH THE CLICK OF A MOUSEAds remain the main model of making money from the Net. But, now the advertiser is demanding more tangible benefits from the site ownerIN THE heady days of the dotcom bubble, when the flow of venture capital burst the plumbing, online businesses started in every street corner with the idea of deriving revenues from advertisements. To say that ads will bring in
Read more: Click , Money , Mouse

Financial well-being.
2008-05-05 12:34:00
Financial well-beingIS YOUR startup spending unwisely, taking on orders it cannot execute or sitting on underutilised assets? Monitor the following ten parameters continuously to ensure the financial health of your company.1. What are your assets? Yes, yes, we all know that assets are the things that a business owns. Tracking your equipment, furniture, real estate and other holdings should be easy
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Building A Core Team.
2008-05-02 12:56:00
START-UPS NEED TO WAKE UP TO THE IMPORTANCE OF BUILDING A CORE TEAMIt’s the quality and performance of the top few executives that decide the success of any new business, says S SrinivasanFOUR months ago, Bangalore-based optical networking company, Tejas Networks, staged a coup of sorts by roping in 46-yearold Rangnath Salgame as its president. Mr Salgame had made his name by developing a $1 bil
Read more: Building

A Doctor’s Journey from Pain to entrepreneurship.
2008-05-02 12:50:00
A doctor’s journey from pain to entrepreneurshipDr Patil Uses Acupuncture To Cure His Migraine And Set Up A Flourishing BusinessIT WAS 1966 and 26-year Ratnakant Patil had to leave his examination hall. A severe headache made his final-year MBBS exam at the Kasturba Medical College in Mangalore a nightmare. He had a severe migraine attack and was vomiting. His sympathetic professors, who had bee
Read more: Doctor , Journey

Dealing with investors on the board.
2008-05-02 12:47:00
Dealing with investors on the board.SOME tips to help you make the most of your board when your investors become directors. Advisors are not directors, and directors are not advisors. As an entrepreneur, if you’re looking for an advisor, get a consultant. Don’t rely on your board to give you advice. Their job is to hold you accountable for goals that drive your business’ success. Most entrep


Sporting encounter:Today’s player,tomorrow’s star
2008-05-01 11:34:00
Sporting encounter:Today ’s player ,tomorrow ’s starGloboSport’s Anirban Follows His Love And Sets Up A Market LeaderFOR an entrepreneur in waiting, inspiration can come from just about anywhere. For sports lover Anirban Das Blah, it came in the form of the 1996 movie Jerry Maguire, starring Tom Cruise as a struggling sport agent with a struggling sportsman as his lone client. It eventually set
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A Crorepati who lives in a hut!
2008-05-29 01:14:00
Successful Entrepreneur in the Making!!!His story is an inspiration for millions. A self-made entrepreneur, his mission is to help the poor through job creation. E Sarathbabu hit the headlines after he rejected several high profile job offers from various MNCs after he passed out of IIM, Ahmedabad two years ago.He instead started a catering business of his own, inspired by his mother who once sold
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Logging On To A Road Less Taken.
2008-05-27 22:30:00
Logging On To A Road Less Taken Creating Quality IT Workforce Has Been A Passion For Seed Infotech FoundersA JOB as a scientist in the Defence Research and Development Organisation is not just challenging, but prestigious and safe too. At 32, Narendra Barhate could have continued in the cushy position and retired. But in 1994, he opted to take the risky path of entrepreneurship. Thus was born Seed


How to Woo a Smart Employee?
2008-05-29 22:02:00
Trap the Ocean in your Puddle.Wooing a smart employee away from a large company to join your startup can be tough, challenging but rewarding.This is how you should go about it.In the early 80s, Steve Jobs asked John Sculley, the then president of PepsiCo, whether he wanted to continue selling sugared water all his life or change the world. Jobs was looking for a man to run his little computer comp
Read more: Employee , Smart

Jack Welch and the 4E's of Leadership.
2008-05-30 23:57:00
Jack Welch and the 4E's of Leadership . Energy Effective leadership has passion. By passion it does not mean you are loud or flamboyant but something from deep inside. Passion cannot be taught or learned. The best way to be passionate is to hire people who share your excitement for the job at hand.Energy gives results if there are no compexities, all the bureaucratic layers are done away with.Peopl


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