Entrepreneurship!! Whose piece of cake?


I’ve seen many highly energized people who approach me with their business ideas asking to review their idea or for investment… Most of these people who approached me said they were meeting more people with their ideas for more than six months… When I asked the reason for their wait;

 

  • Some said they had family commitments to fulfill and hence they can’t quit their job.
  • Some said they work to gain experience which would be helpful when they start a business.
  • Some said they are waiting for proper timing (Some said market is at itz high and waiting for correction & some said it is recession).
  • Some say they don’t have enough capital to start a company.

 

There were many more reasons which sound crazy… Though I respect their reason be it genuine or not. I can’t buy their reason for delaying their entrepreneurial ambitions because;

 

  • Mr.Narayanamurthy founder of Infosys had a family (Wife & 2 children) when he started Infosys. Commitments are man made and we have control over our commitments and we have to plan and control our commitments to bring out other desire.
  • Job experience and business experience are different ball game and when one starts a business at any point of time (with or without experience) they have to come across challenges.
  • Timings can’t be timed because when market is on a high note there will be business but costs are high and when there is a recession costs are low but business will be poor. Always there is no right time to start a business or to put it optimistically every time is right time to start a business.
  • Always one need not have capital to start a company. There are many ways to bootstrap and one must read success stories how they bootstrapped in they their early days.

 

I personally didn’t have much job experience when I took up entrepreneurship but today I gained much knowledge and experience which is required by an entrepreneur. But my friends who started business with 8 years of job experience are overcoming the same challenges which I came across.

 

One more thing which I want to tell every striving or wanna be entrepreneurs is “Start something immediately” only then you will create a focus and can find your path. Until then it will be a chicken and egg story…

 

Let me end this blog with this note;

 

  • Ship is always safe in the shores but it is not built for that.
  • Start small Think big Work on quick iterations.

Inaugural Speech for the new batch at the Symbiosis BBA program By Chetan Bhagat


Good Morning everyone and thank you for giving me this chance to speak to you. This day is about you. You, who have come to this college, leaving the comfort of your homes (or in some cases discomfort), to become something in your life. I am sure you are excited.. There are few days in human life when one is  truly  elated.  The first day in college is one of them.  When you were getting ready today, you felt a tingling in your stomach. What would the auditorium be like, what would the teachers be like, who are my new classmates – there is so much to be curious about. I call this excitement, the spark within you that makes you feel truly alive today. Today I am going to talk about keeping the spark shining. Or to put it another way, how to be happy most, if not all the time.

 

Where do these sparks start? I think we are born with them. My 3-year old twin boys have a million sparks.. A little Spiderman toy can make them jump on the bed. They get thrills from creaky swings in the park. A story from daddy  gets  them  excited.  They do a daily countdown for birthday party –several months in advance – just  for  the day they will cut their own birthday cake.

 

I see students like you, and I still see some sparks. But when I see older people, the spark is difficult to find. That means as we age, the spark fades.  People whose spark has faded too much are dull, dejected, and aimless and bitter. Remember Kareena in the first half of Jab We Met vs the second half?  That is what happens when the spark is lost. So how to save the spark?

 

Imagine the spark to be a lamp’s flame. The first aspect is nurturing – to give  your  spark  the  fuel,  continuously. The second is to guard against storms.

 

To nurture, always have goals. It is human nature to strive, improve and achieve full potential. In fact, that is success. It is what is possible for you. It isn’t any external measure – a certain cost to company pay package, a particular car or house.

 

Most of us are from middle class families. To us, having material landmarks is success and rightly so. When you have grown up where money constraints force everyday choices, financial freedom is a big achievement. But it isn’t  the purpose of life. If that was the case, Mr. Ambani would not show up for work. Shah Rukh Khan would stay at home and not dance anymore. Steve Jobs  won’t  be working hard to make a better iPhone, as he sold Pixar for billions  of  dollars  already.  Why do they do it? What makes them come to work everyday?  They do it because it makes them happy. They do it because it makes  them  feel  alive. Just getting better from current levels feels good.  If you study hard, you can improve your rank. If you make an effort to interact with people, you will do better in interviews. If you practice, your  cricket  will  get  better.  You may also know that you cannot become Tendulkar, yet.  But you can get to the next level. Striving for that next level is important.

 

Nature designed with a random set of genes and circumstances in which we were born.. To be happy, we have to accept it and make the most of nature’s design. Are you? Goals will help you do that.

 

I must add, don’t just have career or academic goals. Set goals to give you a balanced, successful life. I use the word balanced before successful. Balanced means ensuring your health, relationships, mental peace are all in good order.

 

There is no point of getting a promotion on the day of your breakup. There is no fun in driving a car if your back hurts. Shopping is not enjoyable if your mind is full of tensions.

 

You must have read some quotes – Life is a tough race, it is a marathon or whatever.  No, from what I have seen so far, life is one of those races in nursery school, where you have to run with a marble in a spoon kept in your mouth. If the marble falls, there is no point coming first. Same with life, where health and relationships are the marble. Your striving is only worth it if there is harmony in your life. Else, you may achieve the success, but this spark, this feeling of being excited and alive, will start to die.

 

One last thing about nurturing the spark – don’t take life seriously. One of my yoga teachers used to make students laugh during classes. One student asked him if these jokes would take away something from the yoga practice. The teacher said – don’t be serious, be sincere. This quote has defined my work ever since. Whether its my writing, my job, my relationships or any of my goals. I get thousands of opinions on my writing everyday. There is heaps of praise, there is intense criticism. If I take it all seriously, how will I write? Or rather, how will I ive? Life is not to be taken seriously, as we are really temporary here. We are like a pre-paid card with limited validity. If we are lucky, we may last another 50 years. And 50 years is just 2,500 weekends. Do we really need to get so worked up?

It’s ok, bunk a few classes, goof up a few interviews, fall in love. We are people, not programmed devices.

 

I’ve told you three things – reasonable goals, balance and not taking it too seriously that will nurture the spark. However, there are four storms in life that will threaten to completely put out the flame. These must be guarded against. These are disappointment, frustration, unfairness and loneliness of purpose.

 

Disappointments will com when your effort does not give you the expected return. If things don’t go as planned or if you face failure. Failure is extremely difficult to handle, but those that do come out stronger. What did this failure teach me? is the question you will need to ask. You will feel miserable. You  will  want  to quit, like I wanted to when nine publishers rejected my first book. Some IITians kill themselves over low grades – how silly is that? But that is how much failure can hurt you. But it’s life. If challenges could always be overcome, they would cease to be a challenge. And remember – if you are failing at something, that means you are at your limit or potential. And that’s where you want to be.

 

Disappointment’s cousin is frustration, the second storm. Have you ever been frustrated? It happens when things are stuck. This is especially relevant in India. From traffic jams to getting that job you deserve, sometimes things take so long that you don’t know if you chose the right goal. After books, I set the goal of writing for Bollywood, as I thought they needed writers. I am called extremely lucky, but it took me five years to get close to a release. Frustration saps excitement, and turns your initial energy into something negative, making you a bitter person. How did I deal with it? A realistic assessment of the time involved – movies take a long time to make even though they are watched quickly, seeking a certain enjoyment in the process rather than the end result – at least I was learning how to write scripts, having a side plan – I had my third book to write and even something as simple as pleasurable distractions in your life – friends, food, travel can help you overcome it. Remember, nothing is to be taken seriously. Frustration is a sign somewhere, you took it to seriously.

 

Unfairness – this is hardest to deal with, but unfortunately that is how our country works. People with connections, rich dads, beautiful faces, pedigree find it easier to make it – not just in Bollywood, but everywhere. And sometimes it is just plain luck. There are so few opportunities in India, so many stars need to be aligned for you to make it happen. Merit and hard work is not always linked to achievement in the short term, but the long term correlation is high, and ultimately things do work out. But realize, there will be some people luckier than you. In fact, to have an opportunity to go to college and understand this speech in English means you are pretty damm lucky by Indian standards. Let’s be grateful for what we have and get the strength to accept what we don’t. I have so much love from my readers that other writers cannot even imagine it. However, I don’t get literary praise. It’s ok. I don’t look like Aishwarya Rai, but I have two  boys  who  I  think  are  more  beautiful than her. It’s ok. Don’t let unfairness kill your spark.

 

Finally, the last point that can kill your spark is isolation. As you grow older you will realize you are unique. When you are little, all kids want Ice cream and Spiderman. As you grow older to college, you still are a lot like your friends. But ten years later and you realize you are unique. What you want, what you believe in, what makes you feel, may be different from even the people closest to you. This can create conflict as your goals may not match with others. . And you may drop some of them. Basketball captains in college invariably stop playing basketball by the time they have their second child. They give up something that meant so much to them. They do it for their family. But in doing that, the spark dies. Never, ever make that compromise. Love yourself first, and then others.

 

There you go. I’ve told you the four thunderstorms – disappointment, frustration, unfairness and isolation. You cannot avoid them, as like the monsoon they will come into your life at regular intervals. You just need to keep the raincoat handy to not let the spark die.

 

I welcome you again to the most wonderful years of your life. If someone gave me the choice to go back in time, I will surely choose college. But I also hope that ten years later as well, your eyes will shine the same way as they do today…  That you will Keep the Spark alive, not only throughcollege, but through the next 2,500 weekends. And I hope not just you, but my whole country will keep that spark alive, as we really need it now more than any moment in history. And there is something cool about saying – I come from the land of a billion sparks.

Internet best route for startups!!!


Internet has created lot of opportunities for creating wealth, sharing knowledge and created new type of hobbies… There are lots of success stories on the Net and these are something that we all use in our daily life Yahoo, Google, YouTube, Twitter, Facebook and many more which all became big in a very short span of time…

 

But all the above are well known stories and there are many more untold stories of Netpreneurs who maintain a low key profile and still making it big or using internet to make a decent living…

 

There are thousands and millions of individuals are directly benefited because of internet… To my knowledge following types of business are possible with low investment;

 

·        Offering programming & technical services for internet and other applicable requirements.

·        Offering Search Engine Marketing, Internet Marketing & Search Engine Solutions.

·        Webmaster services like running websites that caters to user needs.

·        Even hobbies created revenues (Eg:Famous bloggers will get paid for some posts).

 

Classified services can be further broken into several options and also there could be many options which I could have missed… Over all making a living out of internet is easy and also you can carve your niche and can create a USP (Unique Selling Preposition) quickly…

The Difference between Focusing on Problems and Focusing on Solutions


One of the most memorable case studies on Japanese management was the case of the empty soap box, which happened in one of Japan’s biggest cosmetics companies. The company received a complaint that a consumer had bought a soap box that was empty. Immediately the authorities isolated the problem to the assembly line, which transported all the packaged boxes of soap to the delivery department. For some reason, one soap box went through the assembly line empty. Management asked its engineers to solve the problem.

Post-haste, the engineers worked hard to devise an X-ray machine with high-resolution monitors manned by two people to watch all the soap boxes that passed through the line to make sure they were not empty. No doubt, they worked hard and they worked fast but they spent a whoopee amount to do so.

But when a rank-and-file employee in a small company was posed with the same problem, he did not get into complications of X-rays, etc., but instead came out with another solution. He bought a strong industrial electric fan and pointed it at the assembly line. He switched the fan on, and as each soap box passed the fan, it simply blew the empty boxes out of the line.

Always look for simple solutions. Devise the simplest possible solution that solves the problems.

Now Cogzidel has a William Wordsworth


It is always nice to get motivation from someone… Also in an organization if someone take initiative and start showing the path it is even more exciting… Today I think we have two mangoes in one shot… I’m doubly thrilled… The reason is;

We are opening up night shift from tomorrow and I don’t know if people have fully accepted the change… When we communicated this information in our mailer, Ms.Narmatha started a loop of fun with her poetry skills… It brought the entire situation to funny zone and people started telling they are the ones who will be working on the night shift… Here goes her quote;

“Hai,
How lucky the moon is!
Finally it got the chance to enter his rays into Cogzidel.
Take care Friends.”

Here is a screenshot of her mail, which has a reply from saravana proudly claiming that he one among the lucky ones to work under the moon :(…

narnadha

Struggles makes us strong…


Once upon a time, a man found the cocoon of the butterfly. He kept it with himself for observation. Then he noticed an opening in the cocoon. He sat there and watched how butterfly struggled to come out of the opening. Then after some struggle, it seemed that butterfly stopped its efforts and sat there as it is.

Man by that time decided to help the butterfly and took a pair of scissors and cut the remaining bit of cocoon so that butterfly could come out easily. But what happened there after, he never imagined that.

After cutting the cocoon, he was expecting that butterfly would come out any moment with its enlarged wings and fly. He was watching the whole thing with great concentration. But nothing of that sort happened. In fact, what happened was horrible. Butterfly could never open its wings. It spent rest of its life crawling around with shriveled wings and swollen body.

By struggling, its body out of the hole, butterfly was trying to release the fluid in the wings and the man by cutting its cocoon stopped that natural process.

Sometimes struggles are exactly what we need in our life. If God allowed us to go through our life without any obstacles, it would cripple us. We would not be as strong as what we could have been.

Dalailama on life…


1. Take into account that great love and great achievements involve great risk.

2. When you lose, don’t lose the lesson.

3. Follow the three Rs:
…Respect for self
…Respect for others and
…Responsibility for all your actions.

4. Remember that not getting what you want is sometimes a wonderful stroke of luck.

5. Learn the rules so you know how to break them properly.

6. Don’t let a little dispute injure a great friendship.

7. When you realize you’ve made a mistake, take immediate steps to correct it.

8. Spend some time alone every day.

9. Open your arms to change, but don’t let go of your values.

10. Remember that silence is sometimes the best answer.

11. Live a good, honourable life. Then when you get older and think back, you’ll be able to enjoy it a second time.

12. A loving atmosphere in your home is the foundation for your life.

13. In disagreements with loved ones, deal only with the current situation. Don’t bring up the past.

14. Share your knowledge. It’s a way to achieve immortality.

15. Be gentle with the earth.

16. Once a year, go someplace you’ve never been before.
17. Remember that the best relationship is one in which your love for each other exceeds your need for each other.

18. Judge your success by what you had to give up in order to get it.

19. Approach love and cooking with reckless abandon.

Failure is a step before success – STORY OF SOICHIRO HONDA


imageLike most other countries, Japan was hit badly by the Great Depression of the 1930s. In 1938, Soichiro Honda was still in school, when he started a little workshop, developing the concept of the piston ring.

His plan was to sell the idea to Toyota. He labored night and day, even slept in the workshop, always believing he could perfect his design and produce a worthy product. He was married by now, and pawned his wife’s jewelry for working capital.

Finally, came the day he completed his piston ring and was able to take a working sample to Toyota, only to be told that the rings did not meet their standards! Soichiro went back to school and suffered ridicule when the engineers laughed at his design.

He refused to give up. Rather than focus on his failure, he continued working towards his goal. Then, after two more years of struggle and redesign, he won a contract with Toyota.

By now, the Japanese government was gearing up for war! With the contract in hand, Soichiro Honda needed to build a factory to supply Toyota, but building materials were in short supply. Still he would not quit! He invented a new concrete-making process that enabled him to build the factory.

With the factory now built, he was ready for production, but the factory was bombed twice and steel became unavailable, too. Was this the end of the road for Honda? No!

He started collecting surplus gasoline cans discarded by US fighters – “Gifts from President Truman,” he called them, which became the new raw materials for his rebuilt manufacturing process. Finally, an earthquake destroyed the factory.

After the war, an extreme gasoline shortage forced people to walk or use bicycles. Honda built a tiny engine and attached it to his bicycle. His neighbors wanted one, and although he tried, materials could not be found and he was unable to supply the demand.

Was he ready to give up now? No! Soichiro Honda wrote to 18,000 bicycles shop owners and, in an inspiring letter, asked them to help him revitalize Japan. 5,000 responded and advanced him what little money they could to build his tiny bicycle engines. Unfortunately, the first models were too bulky to work well, so he continued to develop and adapt, until finally, the small engine ‘The Super Cub’ became a reality and was a success. With success in Japan, Honda began exporting his bicycle engines to Europe and America.

End of story? No! In the 1970s there was another gas shortage, this time in America and automotive fashion turned to small cars. Honda was quick to pick up on the trend. Experts now in small engine design, the company started making tiny cars, smaller than anyone had seen before, and rode another wave of success.

Today, Honda Corporation employs over 100,000 people in the USA and Japan, and is one of the world’s largest automobile companies. Honda succeeded because one man made a truly committed decision, acted upon it, and made adjustments on a continuous basis. Failure was simply not considered a possibility.

Motivational Quotes


“Believe BIG! The size of your success is determined by the size of your belief. Think little goals; expect little achievement. Think BIG goals and win BIG success. Whatever you focus on grows.”

“I am not rich, but I have what can make me rich: brains, education, and passion.”

“The whole world steps aside for the person who knows where he is going.”

“Persistence is the key to success.”

“Push me! I don’t fall; I fly.”

“Think positive, be confident and do smart work. Surely success will know your doors.”

“I never saw a negative thing in life… for positive things energize you and negative things give experience to you… be optimistic.”

“One who asks a question is a fool for five minutes; one who does not ask a question remains a fool forever.”

“Intelligence is the ability to adapt to change.”