April 11, 2008

Is he really a business baazigar?

Guys,

Recently some of my employees got unsolicited call from a gentleman called Manish Gupta, who wants to woo them away from my company to his startup. Of course like every normal human being, my colleagues also need a reason to go and work for a relatively unknown and small company.  So they need convincing. And he did put up an argument to convince them…

And then came the bummer!

He thinks that my colleagues should work for his company because he has a bigger vision and everyone has a bright future with him. But how do people believe him? Simple - His was the runner-up of the Business Baazigar contest of Zee TV.

:D

I could not stop myself from laughing out at this humbleness.

Then I thought of doing some research on the business model and modus-operandi of his company. I found out that there was no innovation and no marketing strategy (mind you, he must have spent time in sales, but definitely not in marketing). He is selling the same old wine in the same old bottle with no value addition. There is no investment in human resource development, since the human resource policy is absolutely based on poaching.

Is this the vision, he is selling to my employees?

I wish him best of luck!

BTW, in all my humbleness, I will like to get my message across to Mr. Gupta that I have been on the jury panel of nationwide business plan contest (organized by one of the most reputed management institution in India), giving my inputs to several business baazigars who are working hard to build their dream company!

And yes, it does not hurt me anywhere. But it is sad to see this approach to business after getting the said recognition.

I hope he learn to differenciate, innovate and deliver!

And yes, I am fast losing faith in TV programs like Business Baazigar if this is the talent they have identified ;)

 

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March 22, 2008

Gallery submission to improve web site traffic and/or rankings

Attractive designs do get attention. It can also get good visitor-customer conversion if some best-practices are followed. But the question is - how can attractive designs get traffic to your website?

They can! or,
They can at least help your site in getting good traffic.

Here is a simple technique posted by Daniel on his blog.

  • Design an attractive web site. Or get it designed through one of the many web design agencies around. Make sure that the site is coded in XHMTL/CSS2.
  • Now, submit these websites to several CSS galleries which has sprung all over the Internet. If your design is decent enough, you will surely get accepted. However, if your design is outstanding, you may get featured sending in hundreds of visitors!
  • Now, design enthusiasts may not be your target audience (BTW, if they are, then you have struck a goldmine). Still, you get multiple listings and they link to your website, which ultimately helps you in getting better link-popularity and therefore higher rankings in search engines. In my opinion, you should not miss any opportunity to improve your link-popularity.
  • Here are some links to the "List of CSS galleries"

Now, if it looks like a daunting task (frankly speaking, it is!), do not give up.

Indus Net Technologies has a special service to help you focus on your core business and take care of different kind of manual submission (including CSS gallery submission) for a small fees. It is called Submit2Please.

Contact one of our sales representative / your account manager at Indus Net Technologies to get started. Or drop us a line at info@submit2please.com

 

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September 20, 2007

Embracing Pain For Entrepreneurs

I came across this quote today at BusinessPundit

We must embrace pain and burn it as fuel for our journey. - Kenji Miyazawa

How true :) When you start a company, you get rejected by almost everyone:

Bankers:

They want to lend you money only if you have a strong financial background. Ever thought, why will you even go for borrowing money if you have that solid financial backing!

Customers:

Have you heard prospects saying - You dont have enough credentials! Its a chicken and egg situation. You got to get few customers to build credentials. But to get customers, you need credentials.

Employees:

Have you heard people saying - I don’t see a future in your company. I would prefer to work for an established brand. Have you ever thought that "established brand" was also built by some "go getters" who came out of their comfort zone and took risk to build the "established brand".

I don’t want to rant about the pain. Just want to let you know that everyone faces this. Only those people, who use it as a fuel for their journey succeeds. Those who give up results in those 80% of the businesses that dies within the first few years of operations!

Keep going!

 

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August 8, 2007

Paper napkin business plan

I have often seen people struggling with their business plan. I have a bit unconventional take on the subject. May be, because it has worked well for me till now. So here is what I sugget:

A business plan does help. However a business plan should be proportionate with the size of investment you are making or seeking.
 
So, if you are starting small and testing the waters, I will suggest you to have a “paper napkin business plan”. A plan which reminds you of –
 
1)    Your target audience,
2)    Your product range and
3)    Highlight the reasons why someone will buy the product / service from you. And, how will you achieve this?
 
I feel that this can be a mini-strategy document which will help you and these three things must be “thought upon” before venturing into anything.
 
You shall also put down in that paper –
 
1)    Your cash-flow statement (Expected revenues & expenses – both pessimistically an optimistically). You can use this to verify if you are on the right path or not?
2)    Your sales pitch! This is very important. If you are not convinced from your own sales pitch, no-one will be! Try to verify your sales pitch with friends you trust and take their feedback.
3)    Risks to your business and how you will mitigate them.
4)    Possible sources of acquiring business and how you want to prioritize and execute them.
5)    Possible sources of funds, if you really need them at one point of time.
6)    Some goals!
 
That’s it!
 
I think one can kick start a business from this “paper napkin business plan”. You can comfortably make it while you chew upon your favorite sandwich in the coffee shop.
Best of luck with your venture!
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July 7, 2007

Avoid starting your business during high-tide

A quick tip for budding entrepreneurs:

If your business starts at the right time, you can extract maximum growth by getting ready when the industry segment gets the peak demand. I strongly suggest that a new business should be started during the "low-tide", i.e. when markets are not doing well and industry sentiments are not positive. It helps in many ways:

1. You can get the best talent available in the industry due to lay off by major players.

2. You will not have major competition and you can prepare your competitive edge "in hiding" to give surprise to your competitors.

3. Tough times results in innovation. It is highly probable that your company will have the "innovation" advantage as you try to come up the adversities of a low-lying market. This innovation can become a catalyst when the markets are strong and can become the deciding factor.

4. You can concentrate in building the right processes, measurements, quality control systems and genetic-composition of your company which will result in its rapid growth when the right time comes.

5. Your expenses will be lower in building the fundamental framework for the company.

It will well known that markets have both the ups and downs. I feel "downs" should be well utilized to prepare the company for taking maximum advantage of the "ups". It makes much more business sense and also keep your spirits up!

Note: It is important to be patient. It is very important to know that you are preparing for the "good days" and, it is most important to know that you should not blow up all your money, since capital is another thing that you need to scale up your company fast when the right time comes.

 

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January 18, 2007

Amazing - Human-like Emotional Figures made from Fruits & Vegetables

Art knows no barrier. I came across this fantastic gallery from Saxton Freymann.

Gallery URL - http://www.rit.edu/~ksh8863/saxtonfreymann.html

Saxton Freymann creates this human-like figures out of fruits and vegetables. He creates emotions from the natural wrinkles of the fruits. It is worth a look.

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January 2, 2007

My own caricature!

I recently got a caricature done by Simon Ellinas. It rocks What do you think?
I highly recommend his service. Is is a real pro!

 

 

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December 20, 2006

Knowledge capsules - Fast start kits

In this age of information overload, it is nice to see some “read it - implement it” kind of quick start guides at http://www.faststartkits.com/

These guides are easy-to-read and are only 2-3 pages long. Most of them do not need you to have any background knowledge of the subject it covers as they are targeted towards newbie.

I personally used the Press Release Fast Start Kit and was able to come up with a professional press release within few hours on our “dedicated hiring model”.

And yes, they are all free to download without any registration.

Keep it up - Arun!

 

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