Archive for the ‘Education’ Category
1.Always start with a low cost operation : when you are a new player , keep your operations low cost . Run a tight ship (remember the 1st edition , Shane Warne was coach , mentor and capt all rolled in one) . Dont emulate your competition by matching up to their big pockets when you cant afford to . Just because your competition does it doesnt mean you have to do .
2.If you are the owner then be there : look how shilpa and raj are there at every fixture . If its still start of the business the owner entrepreneur needs to be seen with the team . Doesnt mean you supervise things but being there sends out a clear message to the team ‘ we are there and we care ‘
3.Get a Good CEO to run the ship : Remember Shane Warne and now Rahul Dravid , go out and find out the best in the business and hire them . Give them the freedom and watch them perform.
4.You dont need stars to be up there in the sky : Remember the first edition , Shane Warne lead a team of young talent to win the trophy . Names like Swapnil Asnodkar and Sohail Tanveer became house hold names.
5.Search , Groom and Promote young talent : Todays stars like Ravindra Jadeja ( Sir Jaddu ) and Yousuf Pathan all started in RR . Today they have upcoming stars like Sanju Samson , Dishant Yagnik and Manmeet Singh.
6.Have a blend of talent and experience : Today the team that delivers is a good balance between young talent and old experience . So while you have Shane Watson and Brad Hodge playing along with Stuart Binny and Sanju Samson.
7.There is no fixed formula for success : Look at the way RR experiments with its line up changing positions of key players . Experiment till you get the combination right . Just because something worked in a certain situation doesn’t mean it will work . If you are a tight ship it’s always better to build multifaceted talent . Which team could dare to select someone like Pravin Tambe at the age of 41 and who hasn’t played a single first class match . Never fear to experiment
8.Play the underdog tag : Look how smartly RR plays the underdog tag so as to shift pressure on the big boys . Leave the orange caps and the purple caps for others , let everyone perform . Keep the opposition guessing not knowing who is going to come out and perform today .
9.Be strong in your own backyard : RR’s record on its home ground is impeachable . so if you are a young company consolidate your position on your home turf . Dont let competition
10.Shit Happens : you may find a few bad eggs on your journey to success . Don’t let it bother your team . Talk to them on a one on one basis just like Rahul did and tell them to put it all behind. Remind them of the values the team stands for and convince them that nothing succeeds like success .
I started with $2,000, lost money in the first two months, became profitable in the third month and just kept reinvesting profits into the company.
But the upside is total 100% ownership and a company that is built around my lifestyle, which means that it has never felt like “work”.
This is important to me. I’m a lifestyle entrepreneur. Mindvalley was built around my passions – meditation, personal growth, play, culture, travel and epic interior design (our offices are magical). Having total ownership means I’m not pressured by partners, boards or investors to deliver something that I’m not passionate about.
Click Here for some real life lessons
“For entrepreneurs — especially those just starting out — businesses succeed as much as they fail. I’ve seen this time and again as a mentor and entrepreneur. But statistics also suggest that the failure rate for new startups within the first five years is as high as 50 percent.
Of course, real entrepreneurs treat business failure as a milestone on the road to success. They count on learning from their mistakes, and use the experience to move to the next idea. But why not learn from the mistakes of others, without all the pain and suffering?
Here is my list of 10 top startup failure causes — and how to avoid them:
Click Here for the story from Entrepreneur
An entrepreneur recently asked me why startups fail. Startups fail because they run out of money. You’re probably thinking, “Tell me something I don’t already know!” Read on and you’ll see that statement is deceptive in its simplicity
This post is based both on my experience as an investor and as entrepreneur (when I’ve boot-strapped and venture-funded). The following are the key reasons :
- They spend too much on sales and marketing before they’re ready.
- The market outpaces the startup’s ability to execute.
- The market takes too long to develop.
- Risky Business
It’s not just how fast you run the race that matters. It’s how fast the race is run. When it comes to startups, speed wins. But if you’re still early, don’t increase your burn and overspend on sales and marketing before you’re ready. Sometimes you have to slow down to speed up.
Click Here for some great learning experience from David Feinleib
Have you been in situations faced with any of these questions?
- How do I profit from my intellect & know how
- Is my organisation compliant with Intellectual Property laws
- How do I protect my technology/brand/creative work
Then, IP Tool Kit for Start up Entrepreneurs is just for you!!
In association with BENCIL, presents:
IP Tool Kit for Start up Entrepreneurs
A two hour interactive session, stressing on the basics of Intellectual Property in the context of start ups. The speaker will share useful insights on the importance of IP for up and coming businesses and will help answer the questions lingering in the minds of innovators.
Takeaways: Master Copy of the workshop material and other relevant documents and possible solutions to all your IP-related queries!
Also, a chance to get advice on your specific IP challenges!! 3 entrepreneurs will get an opportunity to avail expert advice on their specific IP challenges through a 20-minute one on one session with the expert. These 3 will be chosen on a first-come-first-served basis.
Expert: Rajeev Surana
Patent Attorney & Founder, Scinnovation Consultants Pvt. Ltd.
Rajeev Surana is an Engineer & Marketing management (XIM) graduate by qualification and a registered Patent Attorney with the Indian Patent Office. He has been involved with the R&D and Innovation sector in India for a decade now and specializes in commercialization of ideas by helping build business partnerships with different stakeholders. He is passionate about taking “technology & design ideas to the market” by working with Individual Innovators, Entrepreneurs, Incubators & Research Institutes on ‘idea protection to commercialization’. A regular contributor to Yourstory.in on IP & Innovation as also a board member of Licensing Executive Society, India chapter and Patent Agents Association India. He is currently involved in writing a book on “Protect your Idea” and loves to run on Mumbai roads & Marathons.
Date : Saturday, 10th March 2012
Time : 10:30 am to 1.30 pm
Registration Fee: INR 150 (On the spot)
11:00-12:45: Interactive Session
1.00 -1:30: One-on-One Session with expert
1:00 – 2:00: Networking over Tea and Snacks
Please confirm your participation by filling the application form
For further details, contact:
We look forward to seeing you at the session!
Leadership council, E Club Mumbai
National Skills Development Corporation (NSDC)
NSDC is a first-of-its-kind Public Private Partnership (PPP) in India set up to facilitate the development and upgrading of the skills of the growing Indian workforce through skill training programs. A large part of the organisation’s efforts are directed at the private sector and towards developing the skills in the unorganised sector in India. NSDC supports skill development efforts, especially in the unorganised sector in India by funding skill training and development programmes. It also engages in advocacy and training programmes, in-depth research to discover skill gaps in the Indian workforce, and developing accreditation norms. To know more, click here.
NSDL Database Management Ltd. has announced public programs which can be availed of by entrepreneurs, executives and investors. The following is the schedule for workshops during September-October 2011
|Program Name||Date||Location||Fees* Rs.|
|Equity Investing for Small Investors||10/09/2011||Thane||1,700|
|Understanding Financial Statements||12/09/2011||Central Mumbai||3,500|
|Finance Essentials for Business Managers||15/09/2011||Central Mumbai||3,500|
|Managing Costs||21/09/2011||Central Mumbai||3,500|
|Financial Planning and Wealth Accretion||22/09/2011||Central Mumbai||1,700|
|Communication Skills||23/09/2011||Central Mumbai||2,200|
|Equity Investing for Small Investors||01/10/2011||Western Suburb||1,700|
|Financial Planning and Wealth Accretion||08/10/2011||Central Mumbai||1,700|
|Finance Essentials for Business Managers||12/10/2011||Western Suburb||3,500|
|Understanding Financial Statements||13/10/2011||Western Suburb||3,500|
|Communication Skills||15/10/2011||Central Mumbai||2,200|
|Managing Costs||19/10/2011||Central Mumbai||3,500|
|Income tax for entrepreneurs
* including taxes, lunch, course material
Registration details : Registration & payment closes 3 working days prior to the respective program. Cheques may be drawn in favour of ‘NSDL Database Management Ltd.’. For program details and registration contact Shubhada on 022 40904450/Charuta 022 40904720 or email us on email@example.com or firstname.lastname@example.org. Please visit our website www.ndml.in
Click Here to download the registration form
Post Graduate Diploma in Management (Executive) – Enterprise Creation and Growth(PGDM – Executive)
The fast paced competitive world of today demands professionals to continue escalating their own standard and reinventing ways and means to compete. To enable Managers, Successors of Family Business and Entrepreneurs redefine their parameters and thus success. Entrepreneurship Development Institute of India annouces a comprehensive fifteen months, full-time Executive Development Programme, “Post Graduate Diploma in Management – Enterprise Creation and Growth (Executive PGDM)” duly approved by AICTE, Ministry of HRD, Govt. of India.
It is a unique programme designed to provide an in-depth understanding of the field of enterprise creation and management.
- It helps family business successors to sharpen their entrepreneurial and managerial skills.
- It enhances knowledge, skills and capabilities of participating executives to enable them create, manage and lead a business organization entrepreneurially.
- It also facilitates professionals in developing their intrapreneurial skills to establish the culture of corporate entrepreneurship.