Nurturing your Child

A child can go through more emotional mood behavior changes in sudden bursts. You as a parent need to take care of those and balance the mood and imbibe right principles and value in a child.

Same holds true for a startup. Multiple dynamics in short span of time. You are the parent and you are supposed to not back out of the child as it is your baby. Whatsoever outcome, be with the baby for at least 1 year, preferably 3 years and nourish it with right team, right product, right service, right values and then if it still survives, the baby is now feeding you rather then you feeding the baby.

Unlike human where we need to nurture a kid for over 16-20 years, here you are nurturing a startup for 3yrs with focused attention and you will see it support you for rest of your life if you keep nurturing the venture.

Failed Plan Successful Exection

Sometimes Investors seek Business Plan and approve investments too only to find in a couple of months, things going haywire.

A retrospection begins and there is a need for a change. There is a need for a super executor who has proven marketing experience along with strong delivery skills to successfully execute the vision / mission for minimum 1 year with no defined plan but focus on goals and targets set. once the venture moves in right path, again re-plan and things will be in much better shape then the original plan submitted to investor.

Bottom Line : No plan really works unless the execution team not in place.

Jumping Jack – Stop Jumping and Be Focused.

Many a time in lure to make quick money or to make side income or to help family revenue grow, an individual gets lured by marketing leads to all sort of schemes. Each scheme may have its own advantages or could be scam too. Very important to be focused, committed and goal centric to only one or max two scheme if they compliment each other. Have patience and build network and don’t jump from one project to other assuming the previous would fail and didn’t look too attractive hence jump to next venture.

Same holds true to an entrepreneur or investor who need to stay focused and work towards growing a couple of ventures annually and have clear phase out planned only after 3 years of execution.

Beyond Life

Life is a process and you are the system. Your system needs love, care, affection, intimacy, food, shelter for sustenance and you may have n number of sub processes in your life which you need to execute as part of your duty.

What you wish beyond your life as contribution to your family and society?

You would like to save money for your family? Will it suffice for next generation and beyond that? The answer could get fuzzy.. but if you think of a need and build a product or a service and create a running business, that would be the greatest contribution to your family and if you are able to also initiate a social endeavor, it would contribute a bit to society.

Bottom Line : Beyond Life it is Death and Beyond Death could be Salvation or Re-Birth and what remains between Life and Death is your processes and system. Make your system think and build good products, services and utilities for people and only happiness will be the outcome of that journey where your contribution would be valued by your near and dear ones.

Cross the Bridge and you will Win

The Bridge is straight but obstacles exists. The initial investments is over and you are just 25% in between on the bridge. The way ahead you can see the light but you are lost as you are alone and you need to remove obstacles on own. You shriek and shout loudly “Help! How I wish I could have some people around me”. Soon you collect people who are moving on their way crossing the bridge, So it is important to identify people with common belief, common goal and common desire to travel together on the path and you will find bridge not too difficult to cross and you will emerge victorious in your venture

DEBT VS EQUITY

An entrepreneur’s dilemma in thinking should I take a loan (debt) or should I let go equity to an investor.

Let me explain through a road side noodle shop entrepreneur.

2 years back the boy was hungry; didn’t have food nor shelter; an orphan. In a south-east Asian country struggling. An angel came in and gave a US$250 fund and a handcart with necessary accessories. The boy questioned what if police raids me? The angel smiled and said ‘I am the police and just want you to grow. The boy curiously asked what is the total funding incurred by the police. Pat came the reply “US$1000. The 250 is for you to take groceries for next 4 days. Am also provisioning gas for you”. The boy began providing noodles to late BPO office staff. Every day would make around US$500 and Police wanted US$100 as his fee per day for his small help. After 2 months the boy counted his outflow and found he is giving 100x30x2=6000 US dollars. He got shocked. A whisper heard up in air ‘dear boy-he was your angel. he set your business at 25% equity. You never realized then as you were in need”

the boy said ‘how I get rid of my angel’

he questioned the police ‘please tell me one time fee and I will not pay you ever US$100 per day.

He said it is simple “Pay the taxes which works out 15% approx. to the government and apart from that pay me off US$12000 a one time fee. I am out of your life”.

The boy thought in his mind “Should I take a loan and pay him off or should I save and pay him off”.

He did a quick calculation US$500×30. His total revenue was US$15000 per month. He publicized himself in nearby area and put a poster ‘IMITATE ME- COST ONLY US$12000 for using my brand”. To his surprise he found 2-3 takers, he got US$36000 cumulative from 3 for setting up the brand in 3 locations of city. He didn’t know he is franchising.

He gave US$18000 to the police. The police got shocked and surprised and smiled. He questioned “Why you became so generous?”
The boy said “In future I will give US$6000 for each reference you provide for setting franchisee.

The police said “Sure. and in some other city, I will again distribute this 6000 to 5 different needy folks to be entrepreneurs”

Boy said “You will create competitor for me?”

The police said “No. Relax and stop worrying. We both are growing” and both ended up smiling.

 

Outsourcing Saga

 

SAGA of OPPORTUNITIES

 

This piece of writing is purely original and is a figment of my imagination and it has no connection with any dead, alive, past, present entity but it does reflect and provides an insight into a JARGON or a BUZZ WORD ‘Outsourcing’ and the tone of this write up is well, you can check it out for yourself. A bit dry, a bit wet, a bit harsh but overall I look forward to your feedback.

Once upon a time there was a King who happened to visit a land of dreams and opportunities. The King found resources which were untapped and felt that he should do something to make this land help people to cherish, nurture and make their respective dreams come true. So here goes the saga of this King, his dreams, his aspirations to create an unknown land into a land of opportunities.

He prayed to God and said ‘

 

I am alone; I have traveled seven seas to this land by sheer hard work and with the help of many others who wished me to identify one piece of land which will change the lives of many. Now, I am tired and exhausted and can only think

 

And I just cannot work any longer to make this dream come true.’

 

God came in his dream and informed him that

 

‘the solution lies in utilizing all resources to best of their capabilities by understanding their strengths and weaknesses, leveraging

 

Their strengths and minimizing their weaknesses’

 

Each successful endeavor is only because of knowing your weaknesses and

 

Constraints; accepting them and overcoming them by acquiring knowledge or getting help from others to overcome them.

 

If it succeeds you win, if it doesn’t succeed you should not loose heart as it was anyway your weakness which you were trying to eliminate, so keep trying till you succeed.

 

The King woke up with a smile on his face and looked around, and found people relaxed and easy- going and asked them ‘

 

Why do you look so happy and don’t you work’?

 

The local leader informed

 

‘We are self – sufficient but we also take help of others to make ourselves self-sufficient.

 

The King probed further and said

 

‘Please acquaint me with your culture as I really wish to learn from you folks to enrich my knowledge and experience and share the same with my subjects.

 

The leader laughed back and said ‘

 

You will discover yourself, about how we function once you stay with us for a while and what would you give us back in return?

The King pondered for a while and said ‘

 

I can give you my people and my resources to be utilized effectively so as to create wealth for all’.

The leader and his friends began laughing and said

 

‘Your culture is different, your language is different, and hence how is it possible?’

 

The King smiled back and said

 

‘Utilize me effectively and see the results’.

 

The leader looked towards his folks and said

 

‘Fine, let me lead you to our King; but what ill I get in return?’ and the King smiled back and said ‘I will make you richer than what you are today’. The leader asked ‘Why?’ and the King said ‘Each person who contributes towards my kingdom’s prosperity needs to be compensated for his efforts’.

The leader helped this king to establish a rapport with his own king and soon both the kings were engaged in conversations trying to understand each others’ strengths and weaknesses.

The kings had an argument over admitting weaknesses and rather then treating it as weakness they coined it as LEVERAGING each other’s strengths.

They argued on a fact ‘Why cannot each kingdom provide livelihood to their own folks instead of depending on strangers to do our work?’ Why shouldn’t we cultivate our own resources and they in turn train others; and make our own kingdom self-reliant and effectively self-sufficient? The king who had come all the way from seven seas away informed the other king

 

‘You can think, you can strategize, you can plan, you can even get work done here but don’t you wish to reduce your cost in doing so and spend those

 

Savings on other projects, to make your infrastructure better’

 

The other king nodded in agreement and said

 

‘yes cost does matter and is there a way in which we can reduce cost’, to which the king said ‘There are hidden costs involved in reducing cost too and I wish to make it clear to you’.

 

The other king wondered about this hidden cost and this king explained

 

‘Cost of knowledge transfer, cost of cultural adjustments, cost of bring resource here and putting them up here for a while till your work gets completed’ and ‘cost of losing people to other kingdoms’.

 

The other king said

 

‘Please explain me what I gain out of all this as my confidence is dipping’…

 

This king confidently said

 

‘you are mitigating your risks of operations by ensuring your work doesn’t get affected and over a period of time you will realize the benefits as don’t expect ROME was built in 1 day. It takes time, a few years and you will see how resources from other kingdom value add self.

 

The other king said

 

‘I liked you to be transparent to me to explain the hidden costs and hence I will experiment with what you say and give me something unique’

 

This king said

 

‘Please don’t ask me or anyone else to do things when you don’t know your requirements clearly’. ‘I can help you give ideas and also document your requirements but finally it is you who will be responsible for this project ownership’.

The other king said

 

‘Implementation is your head ache and idea is mine. Let me ponder and think something unique’.

 

This king smiled and said

 

‘I too can give you unique ideas, excellent proposition but till the time you don’t have confidence in me, I will prefer to have my folks do things in which you already are experts and handling things effectively for n years?’

 

The other king noted down this point carefully

 

‘Any work can be done at less cost only if you know the work yourself properly and are able to explain clearly how this work should be done to the cheaper labor provider’.

 

The other king now threw a challenge as to why shouldn’t innovative ideas emerge from you when he is willing to experiment it…

This king pondered for a while and looked deep into eyes of other king and moved very close to him. The other king trembled and felt what is happening and said ‘

 

My queen is in trouble’ and soon this king burst out laughing and said ‘To Experiment you need to understand me and know what my skills are?’ and to do that, I can provide you with an opportunity to make me and my folks aware of what you like and what you don’t.

Oh yes Ethics and Moral remain hall mark for any successful endeavors. To each his own but define it.

The other king noted down this point carefully again ‘Make Rules for other Kingdom and explicitly lay your terms and in turn accept the same from the other kingdom and should it be called a Service Level Agreement?

This king laughed and said that ‘

 

I am not sure of what level you talk but yes any thing which is agreed upon and executed is a service and yes I and my folks can have levels of competency defined and agreed upon at a rate and in case we fail let us be penalized.

 

The other king looked shocked and said ‘Penalty discussions before the work?’

This king got amused and said

 

‘I know you are generous and I know you wish to develop my kingdom same as I wish to help your kingdom make dreams true?’ but don’t we need to plan and agree to do things and what is wrong in Penalization?

 

If my folks fail ‘I take the responsibility for failure’ and if my folks succeed ‘You take the responsibility for the success’ and we together replicate / imitate this and provide this service to the other Kingdoms.

 

The other king’s head was not reeling with shock and he said

 

‘In failure why you feel you should be held responsible?’

 

This king said

 

‘I will accept failure as my responsibility only because I take the ownership of providing you resources and these resources need to perform well and I will need to provide them the training once I get to learn from you what you want?’

 

The other king noted

 

‘Training is a key to successes in his diary and questioned ‘Performance Monitoring’ and burst out laughing.

 

How can you measure performance when we are only trying to conceptualize this exercise of having cheaper labor work for us?

 

This king smiled and said

 

‘I have spent 8 hours of time talking to you and is it possible for you to give me an amount for it. The other king got angry and face red, shouted back ‘You were relaxing for 1 hour, you were laughing for another and your eyes too was dozing in between and how can you ask me an amount for full 8 hours and why should I pay you in the first place.

 

This king burst out laughing and said ‘

 

I did provide my consultancy and was with you for full 8 hours and then looked at his eyes and said ‘Do you trust me?’

 

The other king said

 

‘I do trust you but I need to know how you spent your 8 hours with me’.

 

This king told him ‘

 

Ask for status reports every day, every month, every fortnight, and every year’.

 

The other king retorted

 

‘How will I know if you tell me true statements or false ones’?

 

This king’s face turned serious and asked one question

 

‘Do you wish to Monitor us or not?’

 

The other king said

 

‘Yes but I cannot do it everyday?’ I have to look at my other aspects of kingdom too.

 

This king said

 

‘If you cannot have parameters, objectives defined for this initiative, don’t also begin it. You will fail’.

 

The other king asked

 

‘What parameters? What objectives?’ We are just conceptualizing this and you think too much. I don’t like this and I don’t have patience for all this.

 

This king said

 

‘Have patience and you tell me what is your short term and long term goal and I will define objectives for you and then parameters critical to the objectives and we will measure them’.

 

The other king said

 

‘measure?????’ why do we need to measure????

 

This king explained that ‘

 

if you wish to get confidence on me and my folks I need to give you statistics of my efforts on what parameters were defined to meet the objective’.

 

This king said ‘I will balance your objectives with your parameters for success and give you my performance’.

The other king wondered and said

 

‘what is all this’?

 

This king informed

 

‘It is all about scores and balancing them’…Balance Scorecard?????

 

The other king was now looking at the clock and said ‘

 

I need rest. Can we discuss all this tomorrow again?’ Will you join me at dinner?’

 

This king said

 

‘Sure why not?’ but am not used to eating the way you do.

 

The other king said ‘

 

No probs. I am getting used to you and your talks.

 

At the dinner table this king questioned

 

‘Why do you like food to be decorated?

The other king said ‘Packaging is most important to sell an item’ and yes we like ‘Right Packaging for any product’.

This king said

 

‘I was just thinking of lot of recycling opportunities out there at cheaper rates and may be packaging material can be provided from there and also your dresses????

 

The other king said

 

‘what will my folks do? Scratch their backs?’

 

This king said

 

‘No don’t scratch your backs, Monitor us and keep monitoring us for our work?’

 

The other king was now very angry and said

 

‘So my people should get unemployed and you become rich and your folks too?’

 

This king had a challenge now to answer this question.

This king informed the other king

 

‘I will come up with some food for thoughts tomorrow’.

 

Morning time… The sun was rising on one side and the other king was tensed, scared, worried with the way things were discussed’. The other king looked at the gardener cutting roses and putting in baskets when a thought came across

 

‘Do these same types of roses grow on other side?’

 

The other king wondered is there a solution to this problem to remove unrest from mind of my own people who served me, who look towards me for opportunities.

This king was questioned immediately at break fast time

 

‘Do you grow this type of rose in your region?’

 

No. It is so beautiful. The other king looked at the gardener and asked

 

‘Do you wish to go to this king’s abode and can you replicate this garden for me’?

 

The gardener was sad and said

 

‘What about my family?’

 

This king smiled and said

 

‘Be prepared for movements. Be prepared for progress’ and the other king said ‘I will pay you the same amount there and I believe cost of living is quite low there?’

 

The gardener jumped with joy and said

 

‘Yes’ I will teach each gardener my tricks.

 

The other king smiled and looked back at this king and said

 

‘How can I do this for all of my people?’ Should they all move to your kingdom then for work? It is just impractical.

 

This king then sipped his tea and looked at the sun shining amidst mountain and calm lake and said

 

‘Teach them business’. ‘Help them do business?’ ‘Let them come to my kingdom when they are young and let them learn the hardships and the struggle to achieve something’. They are individuals, they are independent but many of them don’t end up learning because your cost is too high.

 

The other king was shocked and said ‘Quality of education too matters?’ and this king said yes

 

‘but who will bear the cost?’ the common folks????

 

The other king looked back and said ‘

 

What about present? You are talking of future?’

 

This king said that ‘

 

in present circumstances I can only share 1 trick which always helps anyone in long run’.

 

‘Let your people accept me and I will surely think of a solution in which they will proactively participate in this effort to make this land a dream of opportunities and other land as providers for dreams to come true.

 

‘Acceptance will only come if each people see some benefit for themselves?’

 

This king said ‘Why don’t we have each person made responsible to mentor at least 50 folks in my kingdom and I will bear the cost of training?

The other king said

 

‘but there are more folks, more… many?’

 

This king said

 

‘Don’t deprive the common folks from their present work allocations rather help them become consultants to make other kingdoms get mentored under them and you will soon find smiles back in people’s faces.

 

The other king said

 

‘Challenge of Movement?’ ‘My folks do feel secure here’.

 

This king said

 

‘Yes risks will be there but growth too’ as long as we live and let others live there should be no problems.

 

This king then looked back and said

 

‘Should I begin this initiative?’

 

The other king said

 

‘You are too aggressive. Too brash, Too logical and yes I indeed can see my own growth and my folks growth in all this.

 

This king smiled and said

 

‘Can you ask your accountant to pay me for 36 hours?’

 

The other king said

 

‘You only spent 24 hours with me and now these 36 hours??’

 

This king said

 

‘I did think for 12 hours and was researching for you?’

 

The other king began laughing and said

 

‘You are too much?’ Where were you for so many years and why you never came to my land earlier’?

 

This king said

 

‘I wanted to know what my land could do and what we cannot?’ hence…it took me so many years.

 

The other king said

 

‘What it cannot?’

 

This king said

 

‘What it cannot do is to do things on their own even if they are capable’ as we are restricted by our laws, we are restricted by shortage of money and many more.

 

We need a soft stronger king to look at us, mother us, father us, give us our freedom too and see the miracles.

 

The other king questioned

 

‘Do you like Slavery?’

 

This king said

 

‘We like being paid for what we deserve and we respect our work’. ‘We like to be treated equal and we like to have our privacy and our freedom at the end of the hard work. Are we asking for too much? And yes it is not slavery but Mutual GIVE and TAKE policy in which we believe.

 

The other king then bid bye to this king and said

 

‘Let us work together’.

 

Is it a Reality or Fiction?

 

Is it my story or is it yours?

 

Am I going to patent this? How should I do it?

 

This king came back and said

 

‘We do help in filling forms on your behalf Sir?’ and we can search over the world to see if it is Unique.

 

I look back at this king and say

 

‘Why do you market yourself so much?’

 

This king said

 

‘Survival for fittest?’

 

I look up at the heaven and say

 

‘God bless this king with prosperity and happiness and to all his folks too’.

 

What should I accept out of all this?

Nothing as

 

‘I am only a pen in a writer’s hand and a ball being smacked around by a polo stick.’ A great writer had mentioned this saying and I again repeat it and acknowledge him again for his efforts.

 

Do we need to give acknowledgements’?

 

Oh yes

 

‘Continuous praises in repeated quarters do increase our confidence’ Pat came this king’s reply and don’t keep egos to see results’

 

Thanks all for a patient reading if you have read till the end. If you dozed of in between and again woke up thank me for making you sleep and should I charge you for the same?

HaHaHa… I am just kidding.

Entrepreneur – Ghosts of the Past

Whenever you wish to initiate a new business, ensure the past experience is narrated like a story to the investor. No matter the bitter truth or the facts. It could be an honest statement “I failed because I didn’t know to handle business then” or “I guess I didn’t have a good team” or “After all failures, I realize that like Sir Lincoln, I am determined to again try and win”.

Ghosts of past need not be buried but conveyed gently with care. It is important to be transparent to the investor and things should fall in place.

Love = Like x Speed of Light

The heart refuses to read the equation in relationship and the mind fails to understand why it happens but the eyes remain peaceful experiencing it as there are no formulae available to really bring smile on face

It is myths that we never feel hates; but close your eyes for a minute and ask self what you hate today and your eyes will get moist at night by that thought

Sometimes we get short of words to express and fail to express and latter realize it and we do hate self for so.

I searched the universe to find a soul who is free from hatred and when I found one; what would anyone wish me to do.

The heart stopped thinking now and mind too as the person who doesn’t know hatred didn’t know what could be the answer and hated self for saying that it was free from hatred

Life introduces diplomacy and the mind is searching words for answers

Alas thy human who wishes to hold on unique item for self as always and I overcome that to at least let the unique item be remembered by all for that

The world keeps wondering why we choose the word love carefully and the world gets surprised that what we like was not we loved but what we loved was surely likeable and the word “like” which is a mathematical probability ceases to end and only love exists

Love always has light in it as only it takes only one moment to be enlightened to know that you are in love

The pause between realization and the silence in journey make us hesitate to say those magical words but finally doesn’t a heart know that when the moment it is expressed it is only in less than 1 minute and that is speed is of light

 “LOVE” = “LIKE” X “SPEED OF LIGHT”