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Techno park…the next leg of the Tata Jagritiyatra

January 19, 2009 1 comment

After Mumbai the next destination was scheduled to be Thiruvananthapuram in kerala (India). Our journey was by train and and it took more than 24 hrs to reach the destination. After reaching Thiruvananthapuram the next thing we remembered that 350 of us were sitting at the splendid open air auditorium of the techno park. Techno park is an IT park which spreads over an area of 300 acres and hosts over 150 IT and ITES companies employing more than 20000 professionals. The infrastructure of the technopark is of world class level keeping in mind the requirements of the MNCs.

Mr.Vijay Raghvan the Ex CEO of the Technopark and Mr. Hari Verma from the Toons animation were the guest of honour. Both of them shared their experiences they’ve had since the beginning of their careers. For them entrepreneurship was all about taking risks and one should never compromise in the amount of risks. Innovation drives every business and it should be properly implemented. Always look for oppurtunities even though it might be a risky affair. An entrepreneur should always be in his/her toes when it comes to implementing an idea.

Many times failure becomes our best pal and people don’t have a clue how to get rid of it. The reasons for failure could be exhaustion of all the resources, taking of debts even when you are not cent % sure. One should always ahave a reserve of 30-50% of capital while running a business.

Why not everyone is successful in the world? The answer lies in the thinking of the people and whoever thinks differently is a sure shot winner. Sometimes handling success is far fearful than handling failure as it involves maintaining success, beating all barriers and reminding onself of the obstacles one had overcame. One very interesting thing which Mr.Raghvan said that we should never compromise on the quality of our product even if it is priced higher than the other products available in the market. He strongly opposed against the bribery system which is common these days and stressed on discouraging corruption. Keeping ones committment was one of his prime agendas.

There are many individuals who wants to start their own business but aren’t much clear about how to start. Interaction is the answer and  is very important for every budding entrepreneur and he should collaborate with more and more people with matching frequiencies.

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Categories: Business Tags: , , , , ,

The second leg of Tata Jagritiyatra…

January 18, 2009 Leave a comment

The second leg of the tata jagritiyatra was also in Mumbai (India) and was held in an auditorium. We were altogether 360 participants from diverse backgrounds and from different parts of the world. The session started with the traditional song of the Yatra (journey) called Yaroon Chalo (lets move guys) in which we danced. It was followed by a few speeches by the organizers and then came the international speaker of Dabbawala system, Mr.Manish Tripathi.

I’ve never heard anyone talked like Mr. Tripathi and the fire and intensity with which he narrated everything about the Dabbawala system and how their network operates was beyond explanation. Dabbawala is an ordianry person on the streets of Mumbai whose prime objective is to deliver food of the office goers to their offices from their homes. The people employed in the system are not much educated and some even don’t know how to read or write. It has been said that their work doesn’t demand much qualifications or in Mr. triapthi’s words Suitably educated. He said that the Dabbawala system is such that an overqualified person can do no good to the system instead is a burden on it.

The Dabbawala is into existence since the days of the British. Many British people came to the colony and were little reluctant to the local food and so a network was established where a person was entrusted to carry their lunch boxes from their home to their offices and back to their home. The system became popular and here it is now employing around 5000 people who are paid around Rs 4000 monthly. Around 200000 lunch boxes are moved everyday by these Dabbawalas with an acute accuracy. There are codes written on the dabbas (lunch boxes) pointing to the destinations as most of the Dabbawalas are illiterate so they cannot read any text . According to a recent survey, there is only one mistake in every 6,000,000 deliveries, statistically equivalent to a Six Sigma (99.9999) rating.

There are no vehicles involved in the whole system and the entire service is provided barefoot. One could say their operations are little low tech. Only recently they have started taking bookings through SMS in order to keep up with the times. The dedications of all the workers is mind boggling and this is undoubtedly the best managing system in the  world. Nowhere in the world would such passion towards their work could be seen. These Dabbawalas are so dedicated that even during the monsoons they never fails to deliver the lunch boxes to the respective clients. Such is their passion towards their work.

When Mr. Manish Tripathi ended his speech the whole auditorium was filled with the noise of clapping. He had shown us the right way to manage people around us and why every business doesn’t need an MBA.

You can learn more about Dabbawalas in the link given below:

http://www.mydabbawala.com

Categories: Business Tags: , , , , ,

Microsoft and Yahoo in talks again…

November 30, 2008 Leave a comment

Microsoft Inc has put another offer in front of the Yahoo Inc to buy its U.S. internet company’s online search business for 20 billion dollars. Having rejected the first offer of Microsoft Inc, surely this time Yahoo Inc would think twice before taking any step further. 

To learn more go to the link below:

http://www.reuters.com/article/newsOne/idUSTRE4AT1AO20081130

The man behind the success of Apple..

November 30, 2008 Leave a comment

Steve Jobs, who was the brain behind the “Apple”  knew how to sell his product. He was albeit not a technical person but he knew the basics of marketing and this made him the one of best marketer in the world. He founded apple computers with his friend Steve woznaik. The two together had laid the foundation of the world’s greatest company. 

Well it might seems to some of you that why am i writing about steve jobs as the world already knows about him. But the reason why i am writing about him is my curiosity to tell every reader again and again about him. He is a legendary person and the way he does business is inexplicable. He is the role model of so many people and only recently while i was studying more about him through his videos, my respect towards him increases manifold.

I would want all of you who wants to do great in life and aspire to be an entrepreneur, please learn about him and watch his videos so that you won’t miss even the minutest details of marketing. 

http://www.time.com/time/specials/2007/article/0,28804,1733748_1733758_1736089,00.html

http://video.google.com/videosearch?hl=en&q=steve+jobs&um=1&ie=UTF-8&sa=X&oi=video_result_group&resnum=4&ct=title#

Risky Business

November 29, 2008 Leave a comment

Is entrepreneurship always about money? This question is for those who are starters and wants to become entrepreneurs. Sometimes building one dream requires annihilation of the other. You cannot always associate entrepreneurship with big fortunes. It might happen that you end up losing a lot of your savings without earning even a penny but this shouldn’t be the end of your struggle to achieve what you aspired for. The road of entrepreneurship is not bed of roses but consists of thorns and stumbling blocks. All you have to do is to evade them and emerge stronger and invincible. Well my lecture does seems inspiring but a little example would definitely substantiate what i have just said.

Open the link below and see for yourself:

http://economictimes.indiatimes.com/News/International_Business/French_entrepreneur_offers_motorists_chance_to_drive_green/articleshow/3227904.cms

Entrepreneurship quote of the day:

The entrepreneur is not really interested in doing the work; he is interested in creating the way the company operates. In that regard, the entrepreneur is an inventor. He or she loves to invent, but does not love to manufacture or sell or distribute what he or she invents.

Michael Gerber

Tata Jagritiyatra

November 29, 2008 Leave a comment

Hello aspiring entrepreneurs, here is a chance to meet some of the eminent personalities who have done great in the field of entrepreneurship. There is a YATRA  called Tata jagritiyatra organized by the Tata group for awakening entrepreneurship in the minds of the youth. This yatra is of 18 days spanning the whole of India by train. The journey will commence from Mumbai on 24th december 2008. This is going to be a great journey for all who aspire to be entrepreneurs. The total participants expected are around 450 which includes international participants also. 

So without wasting a second register yourself and become part of the legendary Yatra. 

http://www.jagritiyatra.com/

Hey budding Entrepreneurs….

November 29, 2008 Leave a comment

These days everyone wants to achieve a name for itself and do something big. In this endeavor of doing great in life many lose their paths and are left deserted in life. Recently i came across a video and i was so thrilled that at the end i couldn’t control myself and i collected every possible information about the speaker. Well the speaker’s name is Guy Kawasaki.

He is  a founding partner and entrepreneur-in-residence at Garage Technology Ventures and co-founder of Nononina (the owner of Alltop.com and Truemors.com). He is also a columnist for Entrepreneur Magazine. Previously, he was an Apple Fellow at Apple Computer, Inc. He has authored eight books including The Art of the StartRules for RevolutionariesHow to Drive Your Competition CrazySelling the Dream, and The Macintosh Way. He has a BA from Stanford University and an MBA from UCLA as well as an honorary doctorate from Babson College.

There is more to this person than just his achievements. The man is very inspiring and his talks about Entrepreneurship is just mind boggling. The best part of the whole package is his rule of “10-20-30” which is great and has conveyed a very deep meaning about how presentations should be delivered. 

I would want all of you to listen to his video about entrepreneurship and just have a great time.

His video “The Art of The Start” is about how one should start his/her company and what are the precautions one should take before jumping into it.

The link of his video is given below:

http://video.google.com/videoplay?docid=-3755718939216161559