Dear Wiproite,

More than two centuries ago, the famous author, Charles Dickens described in the opening lines of his famous book, A Tale of Two Cities that ‘it was the spring of hope, it was the winter of despair’.

That is how it looked a few months back. But events after events in the last few months, weeks and even days have begun to indicate that what appeared like a squeeze in the first half is threatening to become more of a bear hug as we go further.

According to some estimates, the present downturn is the worst since the Great Depression in 1930. It encompasses all sectors, not just IT and Telecom as it was in 2001, but all geographies including the US, Europe, Asia and Emerging economies, all asset classes including Real Estate, Oil, Metal and others and all sectors of the economy.

While the much touted disaster of derivatives of Lehman Brothers has been splashed all over the newspapers, the phase of downturn represents just the first of three phases. The second phase, which is shrinking real economy such as manufacturing will be next and the final phase will be of capital flows. Estimates indicate that the last phase is only 5% complete. Already over 100000 jobs are lost on Wall Street and in the US as a whole in Fiscal Year 2008 to date more than 600000 jobs are no longer there. So how long will the winter of despair last? Nobody really knows but the estimates vary from 2 quarters to 2 years. In fact, one study of 113 downturns suggests that it may be as long as 3 years!

Yet, to continue with my opening quote, along with the winter of despair is the spring of hope.

Oil prices that had reached 140 USD are less than 50 USD. Estimates are that these prices will fall further. Large economies have problems of productivity and demographically weak. Customers will face significant cost pressures and that could be a driver for more Outsourcing. Companies that have large Offshore teams in countries such as India have less than half the population above the age of 30. Technology will be a significant enabler of Productivity in developed economies with Solutions such as SAS and Cloud Technology.

What can we do as a company to weather the storm and make the most of the silver lining?

First, we must become absolutely Customer Centric. We must have a clear Solution that will help our Customer’s business in these troubled times..
Let us understand the business of our Customer so thoroughly that we can be seen as a partner of choice compared to our competition.

Second, let us stretch to the hilt. We have to squeeze out every ounce of productivity we can. It’s no longer a question of working hard or working smart. It is both. In fact, those companies that work harder and smarter will survive.

Third, spend thriftily on capital expenditure. Make assets go as far as they can by increasing their use.

Fourth, cut down discretionary expense wherever possible. Every dollar or rupee saved is a dollar or rupee earned.

Fifth, at same time invest in the right opportunities. The best time to invest is always when things are at rock bottom. Look for opportunities in markets like India and Middle East .

Sixth, align people to business opportunities. Re-skill and right-skill to make this happen.

Seventh, we have to manage our risks. The fast changing environment also creates uncertainties for our customers, vendors, technology partners and service providers on whom we depend to create value for our stakeholders.
We need to be watchful to ensure that we do not fail in our obligation because of their failure – we need to be vigilant and take swift but decisive actions.

You may have heard of the saying that the higher things go, the harder they fall. The reverse is also true. The harder the economy falls, the higher it has the potential to grow when things recover. Only, it will not be easy for anyone but the best to survive in the meantime. Both organizations and employees have to put their best foot forward.

In his book, The Prize by Irving Wallace, he says that the blessed one is he, who, confronted with a crisis in his life is driven to call upon resources of the spirit, to use them to survive, even triumph over life itself. Everyone must know the supreme value of challenge, the eternal necessity to meet it and grow to fullest life.

Let us gear up and use all our energy and resourcefulness to triumph over this challenge.

Azim H Premji

It has been 8 years since I finished my graduation and from then on I’ve never had an opportunity to get back together with my friends… After 8 years we had 5 out of our 8 member gang… So, it was myself, Vicky, Balaji, Sathish & Sudhir who made it to the tour… Vicky came along with his PG mates… It was like going back to college days… Don’t know if we can still behave like kids, but still we had the childish attitude in us and really had ball of a time… But people were never the same I was able to see a lot of change in their personality, Balaji has just become a father of 4 month old baby and he behaved more like a responsible family man, Vicky is back from US after a gap of 3 years to India and he found it difficult to get back to Indian life, Sudhir has become an extrovert, he has been an introvert in college days, I can see some leadership skills in Sathish, he was the one who lead and coordinated the tour… Sill we tried to go back to the ooty tour which we went when we were in our final year of graduation during 1999, still that ooty tour lives in our mind and whenever we meet we still talk how we enjoyed each and every time of it… Coming back to our kodai trip let me share some snaps…

There are lots of shops selling fruits at Kodai Road railway junction… Really admire the color of fruits, smell of the fruits and the way it is arranged…

Kodai road…

We have to buy a platform ticket, but had to search for the platform :)…

Condition of platform…

I was told the train will reach kodai road by 5.30 AM and folks woke my up by 3 AM and I reached Kodai Road station by 5 AM… On reaching there I was told train will reach only after 7.30 AM and I was made to wait for 3 long hours… Thank god I had Balaji to give me company… At last train reached Kodai Road Station by 7.45 AM…

Finally I was relieved to see the train reaching after a long wait…

From right Balaji hugging Sudhir, Vicky in stripped T-Shirt, followed by Sathish, followed by madhu with red trousers, Sunder with half trousers, at last it is Subbu…

We are always fond of roadside food… We asked for bread omlet and wondered to see them using Bun instead of bread… So, it is Bun omlet… We ate some bun omlet, veg. sandwich, ice cream’s, home made chocolates & some tomata fruit which is available only in dolphin nose… Then we started walking to Dolphin nose… This is the second time I’m visiting the place and I knew it is going to be a hard task & I really got exhausted…

Me taking a diving catch en route to dolphin nose…

Returning back to CAB which was parked some 2 KM ahead of the place… Really exhausted and I don’t have strength to even stand and pose to this snap…

These are only first days snaps and I’ve to get 2nd and 3rd day snaps from Sathish & Sudhir… Over all it has been a great reunion and don’t know if we will make it up next time… But enjoyed every moment of it…

SMS (short message service) is available in every mobile phone, and network operators mostly charge for using sms.There are certain free sms plans, but they offer free sms at a monthly "topup" or "booster pack".

About 2.5 trillion messages will have been sent from cellphones in 2008, and 3.3 trillion messages are expected to be sent in 2009, an estimate by Gartner group.

Lets take a look at what are the costs incurred by the network operators(Airtel,Aircel,Bsnl…) for processing sms. (From NYtimes)

"A text message initially travels wirelessly from a handset to the closest base-station tower and is then transferred through wired links to the digital pipes of the telephone network, and then, near its destination, converted back into a wireless signal to traverse the final leg, from tower to handset. In the wired portion of its journey, a file of such infinitesimal size is inconsequential. Srinivasan Keshav, a professor of computer science at the
University of Waterloo, in Ontario, said: “Messages are small. Even though a
trillion seems like a lot to carry, it isn’t.”

Perhaps the costs for the wireless portion at either end are high — spectrum is finite, after all, and carriers pay dearly for the rights to use it. But text messages are not just tiny; they are also free riders, tucked into what’s called a control channel,space reserved for operation of the wireless network.
That’s why a message is so limited in length: it must not exceed the length of the message used for internal communication between tower and handset to set up a call. The channel uses space whether or not a text message is inserted. "

Cost of sending an SMS is almost nothing, yet the network operators charge upto .50rs or 1re per sms , depending on the plan. Consider it along with the fact that 2.5trillion messages are sent last year, that will make a fortune for the telecom companies.

Permalink: http://www.bharathtech.com/2008/12/sms-scam.html

Just signed off 2008 in style… The year has been a mixed bag too much of turbulence than smooth sailing but the learning’s were much higher than what I learned in 27 years… Just thought I can blog my happy and hard moments…

Started the year in Style: Started 2008 in style with party in Taj Bangalore… Had great fun partying and it was a feel like I was flying high in life…

Trip to andamans: Made a vagabond type trip to andamans, didn’t know till 2.30 AM that I’m going to Andaman, just thought I needed a break @ 2.15 AM and booked my flight tickets to Port Blair & the flight was @ 7.30 AM… Just noticed after reaching air port that I didn’t do a hotel booking… My data card came handy and helped me to login to yatra and block a room… Got carried away by the lust green trees and green beaches from the plane… On landing got into the cab sent by the hotel… Even more thrilled to see lots of tamilians out there… For me Andaman has always been a forest kind of place and didn’t expect this much population… Then as usual made visits to Cellular jail and other spots out there… Then was simply walking on the streets around 12 mid night and was happy to see 2 folks talking in Tamil… Went to then and started enquiring about Port Blair and the friendship still continues with them… I think I must write a separate blog to share my Andaman experience which I’ll do it soon…

Problems in Agriya: This is the year the gap between me and aravind widened and the relationship broke altogether…

Loosing of relationships: This is the year where I has to loose couple of friendship and relationship…

Walking out of Agriya: This was an emotional and tough thing happened in my life… Still I can’t believe that I out of a company which I founded…

Periods of depression: Almost from April to June was under depression and was doing nothing other than staying @ home and watching movies… This was the tough times which I’d have ever faced in my life… I must thank Major & Balaji to help me come our of this depression…

People with me on tough times: I must take this opportunity to thank people to be with me in my troubled times… First I must thank Major who was giving me moral support and he had more confidence in me than myself, it was only after talking to him I want to fight back… I must thank Major, Samson, Murugesan, Balaji, Sriram, Bala(Both from Contus), my parents & sister, my chitappa, my mama & mami for being with me and help me to fight for my right back…

Fight back for my right: Then some time was spent in fighting to get back for my right from people in Agriya…

Finishing MBA: This was another thing which gave me confidence in life… All people who are my class mates are from top management from top companies… Their words of encouragement helped me a great deal… Also finishing my MBA was a great sign of relief as my mother wanted to finish this somehow :)…

Starting Cogzidel: At last by September Cogzidel was started and from then on it has been a new life… There are new challenges and new opportunities which I’m doing it on my own and have pleasure to do things which I love to do…

Must work on Cogzidel for years to come and make it a grand success and that I my main goal for the year 2009… With all this I’m signing off 2008 and wanted to close it the way I started… So, went to Taj Chennai and had a buffet dinner and signed off 2008 on a nice note…

I just got a comment from ksawme.blogspot.com to write a blog on how to generate traffic to blogs… I replied him saying that there are lots of blogs/articles which you can find when googled…  Then after some thought I thought I can share things I do to generate traffic to my blog…

Signatures: This is simple thing which we can do but this is very powerful method which can get some publicity to your blog…

• Add your signature in your email…
• See to it that you just don’t read and come our from reading other blogs… If you like it post some comment with your blog url as signature…
• Participate on more forum discussion and do remember to add your signature…

Social Media: This is one powerful medium that generated 70% of my traffic, believe me doing this is very simple… Some of social media initiatives I do to publicize my blog…

Twitter: Twitter’s micro blogging is getting more famous now-a-days… See to it that you stay active in twitter and get more followers… You can subscribe to twitterfeed to get your new blog entry twitted once you write a new blog…

Stunbleupon: See to it that you immediately add your new blog entry gets stumbled…

Friendfeed: You can add feeds of almost all your social media to friendfeed… This helps people to see all your social media activities in one place… Blog is one such thing you can add it to your friendfeed…

Google Friend connects: This is new initiative and it has to mature a lot… But after using friend connect I’m getting decent hits from fiend connects…

Also try to publicize your blog thru as much as social media initiatives…

Print stickers: Get some stickers “Blogging @ Yourblogname.com” and stick in your bike, car, workplace, home and where ever possible… Also if you have good friends request them get your stickers pasted in their car or bike…

Print in t-shirt: Also you can design the same sticker content and get it printed in a t-shirt and see to it that you wear the t-shirt often :)… If possible try to give some t-shirts to your friends… After all people love freebies and they help you to publicize your blog…

Search Engine Optimization: Try to optimize the blog to be search engine friendly like

• Adding relevant url alies
• Adding meta details

Blogroll: Try to add your blog to as many blog rolls as possible…

More importantly see to it that you write unique content and moreover most of your blogs are interesting to read and informative for readers… See to it that your blog feed is used by others in their website which can also get you lots of traffic…

Pls share your experience in promoting your blog by posting your comments so that it will be helping others…

Were you born with a quirk or a plain simple soul?  Have fun with this fun personality prediction guide for 2009.

IF you were born on the 1st, 10th, 19th, 28th of any month you are number 1.

If you were born on the 2nd, 11th, 20th, 29th of any month then you are number 2.

If you were born on the 3rd, 12th, 21st, 30th of any month then you are number 3.

If you were born on the 4th, 13th, 22nd, 31st of any month then you are Number 4.

If you were born on the 5th, 14th, 23rd of any month then you are number 5.

If you were born on the 6th, 15th, 24th of any month then you are number 6.

If you were born on the 7th, 16th, 25th of any month then you are number 7.

If you were born on the 8th, 17th, 26th of any month then you are number 8.

If you were born on the 9th, 18th, 27th of any month then you are number 9.

Number 1

You are smart, a straight talker, funny, stubborn, hardworking, honest, jealous on a competitive basis, kind hearted, temperamental, friendly, and popular. You always want to be on the top and most likely to be independent. You are most likely to fall in love at a young age, but will marry once you mature! You are likely to have problems with people who have opposite views and you are most likely to take revenge over your enemies in a long time basis. You are a spender, but you will have a good profession in the future. If you are guy you will be very popular. You can go anywhere from the local shop to the heart of the parliament because you are positive and talented in numerous areas. But in your life you will always have some people who will work hard to bring you & your name down. Because of your intelligence, some might hate you. You are a pioneer, independent & original your best match is 4,6,8 while a good match would be with 3,5,7

Number 2

No matter what, every one will love you because you are ruled by the Moon. You day dream a lot, you have a very low-self esteem, you need to have a back up for every move in your life, you are very unpredictable. You tend to change according to time and circumstances, selfish, have a very strong sense of musical and artistic talent and powerful verbal communication. You can be sweet as an angel and can be ruthless when double-crossed. Some might say you have a sixth sense. You will become a poet, writer, an artist or a businessperson. You are not strong in love, so your relationship will be in disarray until you settle down. If you are a girl, you will be responsible for your family. If you are a man, you tend to get involve in fights & arguments in the family. You will sacrifice your life for your family. You are gentle, intuitive with a broad vision. You make a well-balanced person. Your best match is 2, 7,5, and 9 no other people can put up with you!!!

Number 3

You are hardhearted and selfish most of the time. You always tend to have lots of problems within your family in the early stages but you will be able to cope with everything. You seem to have your way in everything. And from birth you would always have to work hard to achieve anything you want. You always make a point to set examples on others, especially the younger ones. Generally you are not a cool person. It’s not easy dealing with you. A tough player you are! But once you are comfortable with someone, it will be a lasting friendship. You always earn respect from others. Your Ilk seems to have lots of worries and problems but they won’t be for long. You will have brilliant kids! You love money a bit too much so temptation will push you to try endlessly. You will look after your family and help friends, so you will spend a life time just being generous and kind (except for men born on the 21st). You love your freedom, creative and ambitious, a person who brings beauty, hope & joy to this world!!! Your best match 6 and 9. Good match 1, 3, and 5

Number 4

You are very stubborn, very hard working but unlucky in important matters in life, very cool and helpful. You might repel people away from you, you may cause nuisance to others if you area man, as you gifted are with understanding other people’s problems. If you are a girl, you excel in your studies and arts. If you are a guy you spend most of your time with girl friends and you tend to have too much fun with your mates & girls.Your friends will spend your time & money and get on with their life and you will be left empty handed. So be careful! You love to spend. Your positive side is that you are always around to help family and friends. You always fall in love with those younger than you. You often live with disappointments but you will take good care of your family. You need to be careful of people who will take advantage of your kind heart. And beware of your relationships too. You are radical, patient, persistent, and a hit old-fashioned; you live with foundation & order. Your best match 1, 8. Good match 5, 6, and 7

Number 5

You are very popular and you can get things done only by talking. Even to your enemies! You are business-minded and like to do things spontaneously. You will be famous if you get involved in any business. Your friends and families will always ask for your help, and you are the one actually with the money to help your friends.You will have more than one relationship, but when you settle down you tend to be selfish. You tend to go for other relationships – even if you are married at times because of your popularity. You tend to get along easily with anyone because the numbers is a middle number. You love freedom and changes. You learn your life through your personal experiences. Your best match 1, 2, Good match 6, 8.

Number 6

Ooopppss.. you were born to enjoy! You don’t care about others. I mean you always wanted to have a lifetime of enjoyment. You will excel in either education or business management! You are talented, kind (but with only people who you think are nice), and popular. All good things come easily to you. Your mind and body is just made perfect for love. You are loveable by any number. But if you are a number 6 men, you will be involved in more than a few relationships until you get married. If you are a girl, most of you will get married/engaged early. You are a caring person towards your family and friends. You are a person of compassion, comfort & fairness, domestic responsibility, good judgment, and after all you can heal this world’s wounds to make peace for everyone because you have the great power and caring talent to take the world of love one step further.. Your best match 1, 6, and 9. Good match 4, 5

Number 7

You are realistic, confident, happy, and talented in education, music, art, singing, and most importantly in acting. You also have a bad temper! You value your family status a lot; you will be in the top rank when you reach a certain age. If you are a guy you are popular with girls. Most of the number 7s face lots of problems with their married life. Only a few are happy. You have everything in your life but with worries throughout your lifetime. You need to get ready looking for a partner rather than waiting. If you don’t, then you might end-up being single. You are born to contribute to everyone’s joy. Your best match is 2. Good matches are 1,4

Number 8

You have a very strong personality and people will find it hard to understand you. You are more likely to suffer in your younger years. You might be also the one responsible to look out for your family. You often suffer all the way through life. You will learn life in a very practical way. You are the one who will fight for justice and may even die in the war too. You are normally very reserved with a handful of friends and most of the time, live life alone and always prepared to help others. However, once you settle down, (which is often late), then your had lucks will disappear. You will face unexpected problems such as encountering poisonous animals, and accidents. You are highly- disciplined, persistence, and courageous, and it is your strength that will take you to success. You are a great part of a family team. You are a fighter! Your Best match 1. 4, and 8. Good match 5

Number 9

You guys are the most incompatible people in the world. You are so strong, physically and mentally. You often have big-aims. You will work hard and will think it’s still hard to get there, even if you already have gotten there! Normally you suffer in the early age from family problems and generally you will have to fight in life. You are respected by others. You were however very naughty in your childhood, and often got beaten up by your parents and had been involved in fights and you seemed to have suffered lots of injuries. But when you grow older you become calm and will fall into the quiet and dignified macho type. Love is not an easy matter for you. You are however good in engineering or banking jobs because people always trust you. Your family life is very good, but you will always worry over your children. Your finer qualities are that you are humanitarian, patient, very wise & compassionate. You are born to achieve targets and serve every one equally without any prejudice. You are a role model for everyone. Your best match 3, 5,6, and 9. Good match 2

Every company has a performance appraisal system in place to measure the effectiveness of its employees.
Employees are normally rated in most of the companies in the above categories. Apart from the above non performance category is also there, which is not depicted here ) . Needless to say everyone wants to be rated Outstanding.
What is the yard stick and how do you measure these aspects?

• Employee "A" in a company walked up to his manager and asked what my job is for the day?
• The manager took "A" to the bank of a river and asked him to cross the river and reach the other side of the bank.
• "A" completed this task successfully and reported back to the manager about the completion of the task assigned. The manager smiled and said "GOOD JOB"

Next day Employee "B" reported to the same manager and asked him the job for the day. The manager assigned the same task as above to this person also.

• The Employee "B’ before starting the task saw Employee "C" struggling in the river to reach the other side of the bank. He realized "C" has the same task.
• Now "B" not only crossed the river but also helped "C" to cross the river.
• "B" reported back to the manager and the manager smiled and said "VERY GOOD JOB"

The following day Employee "Q" reported to the same manager and asked him the job for the day. The manager assigned the same task again.

• Employee "Q" before starting the work did some home work and realized "A", "B" & "C" all has done this task before. He met them and understood how they performed.
• He realized that there is a need for a guide and training for doing this task.
• He sat first and wrote down the procedure for crossing the river, he documented the common mistakes people made, and tricks to do the task efficiently and effortlessly.
• Using the methodology he had written down he crossed the river and reported back to the manager along with documented procedure and training material.
• The manger said "Q" you have done an "EXCELLENT JOB".

The following day Employee "O’ reported to the manager and asked him the job for the day. The manager assigned the same task again.

• "O" studied the procedure written down by "Q" and sat and thought about the whole task.
• He realized company is spending lot of money in getting this task completed.
• He decided not to cross the river, but sat and designed and implemented a bridge across the river and went back to his manager and said, "You no longer need to assign this task to any one".
• The manager smiled and said "Outstanding job ‘O’. I am very proud of you."

What is the difference between A, B, Q & O????????
Many a times in life we get tasks to be done at home, at office, at play….,
Most of us end up doing what is expected out of us. Do we feel happy? Most probably yes. We would be often disappointed when the recognition is not meeting our expectation.

Let us compare ourselves with "B". Helping some one else the problem often improves our own skills. There is an old proverb (I do not know the author) "learn to teach and teach to learn". From a company point of view "B" has demonstrated much better skills than "A" since one more task for the company is completed.

"Q" created knowledge base for the team. More often than not, we do the task assigned to us without checking history. Learning from other’s mistake is the best way to improve efficiency. This knowledge creation for the team is of immense help. Re-usability reduces cost there by increases productivity of the team. "Q" demonstrated good "team-player" skills,

Now to the outstanding person, "O" made the task irrelevant; he created a Permanent Asset to the team.
If you notice B, Q and O all have demonstrated "team performance" over an above individual performance; also they have demonstrated a very invaluable characteristic known as "INITIATIVE".

Initiative pays of every where whether at work or at personal life. If you put initiative you will succeed. Initiative is a continual process and it never ends. This is because this year’s achievement is next year’s task. You cannot use the same success story every year.
The story provides an instance of performance, where as measurement needs to be spread across at least 6-12 months. Consequently performance should be consistent and evenly spread.
Out-of-Box thinkers are always premium and that is what every one constantly looks out for. Initiative, Out-of-Box thinking and commitment are the stepping stone to success.
Initiative should be life long. Think of out of the box.

Most of the startups don’t even bother about creating a Vision, Mission, Value and Culture statements from the initial days… Companies’ without VMVC statements will become very hard to manage in days to come… Since most of the stakeholders like employees, customers, investors are all human they must understand what a company is and can decide if they can fit into that company…

For example a possible customer of mine had sent me an email with requirement and asked for co-creation… My quote for the project was very less where in I can’t afford to consult or provide solution. I clearly told the client that we are a pure service providers and we deliver what a customer needs with high standards… I clearly told the customer what can be offered and what cannot be offered… Now customer has the choice to decide… What would have happened if I had taken the project? Customer’s expectation is to consult and give solution, where as I work as a service person and in the end relationship is going to break… Now I don’t know what call customer took as I’m expecting his reply, but I gave a clear view about my company to the client…

From an employee perspective if he not clear with culture and value it would be difficult to develop a long lasting relationship… Different people fit into different cultures… I’ve seen people resigning companies for lack of work/challenge, such people can’t be retained just by paying money, there is another different folks who can’t take up challenge/pressure etc…

Also with investors we must make it clear about how the promoters want to take the company, like a very aggressive company where chances of success or failure is at par or if the promoters want to e conservative where company grows at 10% – 15% per annum and doesn’t take any risk… Now again an investor can choose if he can fit in or not…

One thing what we must understand is relationship without synergies will not last long… A conservative company can’t get along with aggressive investor/customer/employee… As a company we deal with many individual and it is we who have transparency and allow people to understand what sort of a company we are… That is where Vision, Mission, Value & Culture statements play a vital role…

Why do you bid low? That is the frequent question I keep getting from many people… Why I do that is because I believe in Wal-Mart strategy… I know some people are not aware of Wal-Mart strategy, I think you have to wait till I write a blog about it or you can call me to know about it…

Now coming to our topic, let me confess that I’m benefitting from this strategy… Let me share how I compensate…

Billing unused resource: In manufacturing using excess production gets maximum discounts and using excess inventory can be negotiated… Like wise I don’t want to wait to take projects that help me break even. By under bidding I’m able to bill unused resource and keep them busy, even though I’m at a loss… So, what ever I make from this idle resource is a profit…

Resource getting updated: By underbidding my resources are kept busy and they are able to stay updated with technology… Also when their efficiency also improves… This helps resource to develope their technical skills, communication skills with clients and improves theit thought process too…

Getting more exposure: By underbidding! I’m able to get more clients. Having more clients’ means you have more opportunity to cross sell & up sell other services and products… Also i keep getting repeat orders from existing clients…

Getting more ideas: There is a saying “You have 1 dollar & I’ve 1 dollar at the end of day when we exchange those 1 dollar we go with one dollar each, but when you have one idea & I’ve one idea at the end of day when we exchange those ideas we go with two ideas each”… Likewise working with more clients will help in getting more and more ideas… With the help of those ideas we are able to stay updated in business and technology…

My Reviews Increases: By working with more clients i get more reviews which intrun improves my credibility in the marketplace… High credibility will help while bidding for high volume products…

Other than those points I benefit by economies of scale and the advantage of have my development center in Tier II city is helping to keep my overheads low and I benefit from that too… Like you can see when I take one step backward I’m able to leap ahead five steps… So, when I look into it all together I’m ending up with profit rather than making loss…

Know Your Business: Have a very realistic understanding of why your business is going to make money..
Prove the Concept: Really show that you have a business before going out to raise money. Prove the concept..
Find a Champion: It’s really important to hook up with somebody who talks the talk. A champion or sponsor can help you, guide you through the next steps..
Take Advice: Be coach-able and in that coach-ability you’ve got to build realism. Be realistic..
Know When to Raise Your Capital: It’s such a full-time position and it requires so much energy and you have to put so many other things on hold while you are fundraising. It’s critical you do it at the right time..
Know your Investor: Don’t go blindly looking for capital and taking the first dollar that seems interesting… Look at what they’ve invested in, in the past, and look at where those companies are today..
Focus on the Investor: Spend as much time discussing why it’s a good investment as you do explaining why it’s a good product..
Find a Lead Investor: Getting that person to stand forward who has some reputation as an investor or domain knowledge in the field is going to be critical..
Valuation: I would say, don’t get too hung up on valuation because at the end of the day it doesn’t matter as much as you think it does..
Raise Enough Money: Raise enough money to get to a funding milestone, whatever that might be for the company. So you have to be careful not to raise too little money and run out of it. Enough money that it can get you to the point in development of the company that another round of capital would be able to be raised to continue scaling the company..
Patience is a Virtue: You are going to have to realize you are going to have to talk to a lot of people. To raise money..