Recession Free Business sounds quite interesting. With the fortunes of economy dwindling everyone would love to startup a Recession Free Business. Here by Recession Free Business i mean that businesses not impacted by the cut down in the spending by the customers. Secondly, there is no recession in the business as such i.e. consistent demand throughout the year. Some of the businesses that are hit hardest by the recession are linked to sectors like Automobile, Tourism, Consumer Durable, etc. People will cut their spending on holidays, eating out, buying a new vehicle or appliances etc. These ... Read More
Startup – 5 Critical Factors for Your Success
A startup is the new buzzword of the town. With the focus of govt on startup India, a new breed of entrepreneurs is preparing for the second innings. When i shared a post on startup failure, the readers of this blog requested to share a post on critical success factors :). As i mentioned in previous posts that unfortunately no one will share the cocktail of success. You have to create your own :). When i was planning a startup, i did some research on success factors of startup. I was fed up with the management gyaan of hard work, perseverance, persistence, conviction blah blah...The ... Read More
Financial Secrets – Top 5 you should not share with anyone
Financial secrets is a bad word. Financial planners or experts suggest that Financial secrets can KILL any relationship. I agree but only if the intent is financial infidelity. Sometimes Financial secrets are good if the intent behind the same is good and may prove to be healthy for any relationship. It's NOT a Secret that Money can be both blessing and a curse. It is one of the three key reasons for all the disputes/crimes in this world. My blog cover two such reasons i.e. Money and Property. The third one is women. Some blogs are dedicated to relationships including that of one of my good ... Read More
Mobile App Business – 5 Reasons why it is unlikely to succeed
Mobile App Business is the latest buzzword in the startup space. As of now, i know a lot of clients working in this domain. Sometimes i wonder why so much euphoria and enthusiasm around Mobile App Business. It is difficult to say whether it is a herd mentality or sound business logic behind the same. Another possibility is that we are thinking ahead of times. According to rough estimates, there are approx 2Mn mobile apps available on the Android platform. If you are planning a Mobile App Business then you have to compete with 2Mn apps. Whereas, on a handset, you can install max 5-6 mobile ... Read More
Private Lending – Beware of 5 Points Before You Borrow
Private lending is most suitable for the borrowers who don't have any other option left to borrow. There can be multiple reasons like urgent fund requirement, emergency or loan rejection due to CIBIL Score, Loan eligibility, Income, etc. Whatever be the reason, it is important to understand the concept of private lending before commitment. In almost all the cases, private lending is backed by the collateral of equivalent value. Therefore, private lending is not guaranteed if you don't have any asset or holding to put up as a collateral. Private lending is more popular in small town, cities, ... Read More
Startup failure – Top 5 Reasons Founders will not Accept
According to Forbes magazine, Startup failure rate is 90%. All the founders would like to be a part of rest 10%. As you can gauge from failure rate, It is not that easy. I am not discouraging budding entrepreneurs but we cannot turn our back towards the reality. In India, we don't want to discuss the reasons for startup failure. At the macro level, we are not comfortable discussing failures. One of the national newspaper carries out, one FULL Page on startups every week. Till date, they have not discussed anything about failures. It looks like more of paid insert for the promotion of startups. ... Read More
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