People / Stories

The Logical Indian

Starting from merely 50 paisa per day, Mrs. Patricia Narayan now earns INR 2 lakh a day. She started her career 31 years ago as an entrepreneur, selling eateries from a mobile cart on the Marina beach a midst all odds. Today, she has overcome the hurdles and owns a chain of restaurants.

She married against the will of her parents. Unfortunately, the marriage failed but her parents never forgave her and she was on her own along with 2 children.

“I knew I should either succumb to the burden or fight; I decided to fight my lonely battle.” she said. She started selling pickles, squashes and jams she made at home.

However, the turning point in her life came when she started her own cart on Marine Drive, Mumbai in the year 1980. This gave her identity and exposure. According to her, the Marina beach was her business school, her MBA. On the first she just sold one cup of coffee, making 50 paise the first day. But she never lost hope and earned as high as 2500 rs a day.

One day the Slum Clearance Board gave her an offer to run the canteen at their office with a proper kitchen. The chairman met her during morning walk. Thereafter, she never looked back.

In 2004, life again took an ugly turn when she lost her daughter in a car accident along with her son-in-law. This was a huge setback for her. The ambulance refused to carry their dead bodies. Finally, somebody carried all the dead bodies in the boot of a car. She couldn’t bear the scene and broke down.

That is when she decided to keep an ambulance on that very spot to help people whether the victims are alive or dead.

Pain is an inevitable part of life and it must not stop us from moving forward as ‘moving is life’ and ‘still is dead’. Her journey was briefly halted by her daughter’s death but it did not take permanently pause. A couple of years later, she set up ‘Sandeepha’ restaurant along with her son in memory of her daughter.

Her dedication and hardwork helped Sandeepha attain great heights in the hospitality sector. Today, Sandeepha boasts of channelising sales through 14 outlets across Chennai, earning INR 2 lakh on an average daily basis. She was awarded ‘FICCI Entrepreneur Of The Year’ in 2010.

'Starting from merely 50 paisa per day, Mrs. Patricia Narayan now earns INR 2 lakh a day. She started her career 31 years ago as an entrepreneur, selling eateries from a mobile cart on the Marina beach a midst all odds. Today, she has overcome the hurdles and owns a chain of restaurants.

She married against the will of her parents. Unfortunately, the marriage failed but her parents never forgave her and she was on her own along with 2 children.

"I knew I should either succumb to the burden or fight; I decided to fight my lonely battle.” she said. She started selling pickles, squashes and jams she made at home.

However, the turning point in her life came when she started her own cart on Marine Drive, Mumbai  in the year 1980. This gave her identity and exposure. According to her, the Marina beach was her business school, her MBA. On the first she just sold one cup of coffee, making 50 paise the first day. But she never lost hope and earned as high as 2500 rs a day.

One day the Slum Clearance Board gave her an offer to run the canteen at their office with a proper kitchen. The chairman met her during morning walk. Thereafter, she never looked back.

In 2004, life again took an ugly turn when she lost her daughter in a car accident along with her son-in-law. This was a huge setback for her. The ambulance refused to carry their dead bodies. Finally, somebody carried all the dead bodies in the boot of a car. She couldn't bear the scene and broke down.

That is when she decided to keep an ambulance on that very spot to help people whether the victims are alive or dead. 

Pain is an inevitable part of life and it must not stop us from moving forward as ‘moving is life’ and ‘still is dead’. Her journey was briefly halted by her daughter’s death but it did not take permanently pause. A couple of years later, she set up 'Sandeepha' restaurant along with her son in memory of her daughter.

Her dedication and hardwork helped Sandeepha attain great heights in the hospitality sector. Today, Sandeepha boasts of channelising sales through 14 outlets across Chennai, earning INR 2 lakh on an average daily basis. She was awarded ‘FICCI Entrepreneur Of The Year’ in 2010.'
Courtesy : Farida Sidhwa Govekar 
Motivations, People / Stories, Startups

The child bride who is now the CEO of a $112 million company

Last updated on: February 26, 2015 19:08 IST

“Living is hard, but dying is easy.

“These were my last thoughts as I downed a bottle of poison.

“My aunt caught me in the act and rushed me to the local hospital…

“When I opened my eyes in the hospital room I was not the same person any more.

“Gone was the naive helpless girl the world had deemed too worthless to exist.

“I felt strong, recharged and empowered.

Padmashree awardee Kalpana Saroj who fought child marriage, poverty and a host of social injustice went on to become the CEO of a million dollar company and lived to tell her tale.

Kalpana Saroj

Innovation, People / Stories, Social Entrepreneurship

Ayurvedic doctor has turned full time water conservationist

Inspired by his own success, an Ayurvedic doctor has turned full time water conservationist

By  Kavita Kanan Chandra
Mumbai24 Feb 2015

Posted 12-Jan-2012
Vol 3 Issue 2

Little drops of water make a mighty ocean. That adage was proved right by Anil Joshi, an Ayurveda doctor in Fatehgarh village in Madhya Pradesh, who collected one rupee each from one lakh people and constructed a check dam across a local seasonal river called Somli and changed the life of the farmers.

The doctor, who repeated the success story of Fatehgarh by building 11 such dams across rivers and nullahs around the areas, has now turned a full-time water conservationist and is all out to build 100 more such check dams in other villages having water shortage.

Click here to Read More 

Courtesy : Tusna Park

Business Ideas, Innovation, Social Entrepreneurship

From Waste to Watts

From Waste to Watts: The Innovative Way One City Converts Trash Into Energy

Turns out, yard trimmings and sewer sludge can be used to power electricity plants.

By Paige Brettingen

Covington plant

Even for the most environmentally conscious residents, it’s not always easy—or possible—to recycle everything. From dead tree limbs to busted tires, most people have had to occasionally resort to using the garbage bin. But in Covington, Tenn., hard-to-recycle items are bypassing the landfill and being converted into electricity.

Though Covington has a population of just over 9,000, its biomass waste—which includes tree trimmings and sewer sludge—was adding up enough for David Gordon, who was mayor at the time, to start worrying about storage space. Also, the massive amount of waste required vehicles to transport it, putting an extra strain on the city budget.

While brainstorming solutions, Gordon learned that Covington’s 360 tons of monthly biomass waste could be repurposed thanks to a waste-to-fuel gasification system developed by Nashville-based PHG Energy.

Click to continue reading

Innovation, People / Stories, Social Entrepreneurship, Technology

From No Electricity to WiFi and CCTV

From No Electricity to WiFi and CCTV: How One Man Transformed This Gujarat Village

Innovation, Social Entrepreneurship

A Simple Technology That Can Solve India’s Clean Water Problem In Just Rs.3,000/-

Worldwide, around 10,000 people die every day due to lack of clean drinking water. The situation is alarming, but bio-sand filters offer a simple and affordable solution. This low cost model purifies water, is locally manufactured and can also help the local community with various livelihood options. And, all of that in just Rs.3,000! Read along to know how it is done.

Water borne diseases are the number one  cause of deaths worldwide, with WHO and CDC estimates pinning 3.5 million deaths every year to contaminated drinking water. In India alone, around 2,000 people die every day due to lack of clean drinking water, and out of these, children under the age of five are most vulnerable.

Most villagers consume unsafe drinking water on a daily basis. Some of these families opt for boiling the water prior to drinking which can be costly. Those who can afford it, buy bottled water to reduce the risks of such diseases, while economically and financially weaker people continue to consume impure water which eventually causes disease and death.

Click here to continue reading the article.

People / Stories

He is a CEO at 17

Computer whiz Jefferson Prince, who has built a 70-employee gaming company from scratch, tells S Saraswathi about motivations and challenges of entrepreneurship. 

He is just out of high school, but 17-year-old Jefferson Prince is already the CEO of a company that is engaged in developing multi-platform compatible games for the PC and next-gen consoles (Xbox One, PS4).

He was born in Tirunelveli. His family relocated to London when he was three. He returned to India in December 2013 to head his own company, iCazual Entertainment.

The company had its humble beginnings in a small room in East London in 2011. Today it is housed in a four-storey building in Kodambakkam, Chennai, and employs about 70 people.

In this interview with Rediff.com, and special gaming interest blog “ TheGamingMonitor“, Prince talks about his interest in computing, his present endeavours and his ambitious plans for the future.

Click here for the Interview.

Business Plans, Education, Legal, Mentoring, Social Entrepreneurship

FAQ on Trusts Act Income Tax and FCRA

FAQ on Trusts Act, Income Tax and FCRA

Are you planning to start a new NGO and wondering what would be a good choice of registration – Trust, Society or Company and also wondering what should be the minimum and maximum number of trustees you should have on your Board?

 

Are you already registered but wondering how unspent income of your organization can be carried forward to the next year or accumulated for up to 5 years?

 

Are you planning to receive funds from a foreign source but confused if funds received from an NRI would be allowed even without FCRA registration?

 

If these and a myriad other questions keep cropping up in your mind in the course of running your NGO and if you ever wondered or prayed if there would be a handy reference book to refer to at such times or just simply to brush up your working knowledge of the Trusts Act, Income Tax (exemptions and deductions) and of course the FCRA, … the answers are all there in Centre for Advancement of Philanthropy’s latest book “Frequently Asked Questions” (FAQ) – the all new and revised 2014 Edition.

 

Written by Centre for Advancement of Philanthropy’s CEO, Mr. Noshir H. Dadrawala and a foreword by Bahram N. Vakil (Founding Partner, AZB & Partners) this book has been written keeping the layperson in mind. However, professionals would also find it to be of value. Devoid of legal jargon and written with clarity and depth, this book should be on the bookshelf of every NGO/NPO seeking ready answers to common questions pertaining to the Bombay Public Trusts Act, Income Tax Act and Foreign Contribution (Regulation) Act.

 

Price: Rs. 300/- (Postage Rs. 50/- extra)

Mode of Payment:

1) Demand Draft or Cheque payable at par for Rs. 350/- drawn in favour of “Centre for Advancement of Philanthropy”

2) Bank transfer (NEFT):

Name of the bank: Central Bank of India

Bank Address: Central bank of India, Mumbai Main Office Branch, Mumbai 400 023.

Name of Account Holder: Centre for Advancement of Philanthropy

Account No.: 1721311396

IFSC: CBIN0280621

(Please let us know as soon as the payment is made via NEFT)

We will send you the book and receipt for the payment via speed post/ Courier immediately on receipt of your payment.

We would also offer 20% discount on bulk purchase of 20 or more books.

 

Our contact details:

Centre for Advancement of Philanthropy

Mulla House, 4th floor,

51, M G Road

Flora Fountain

Mumbai 400 001

Tel: 022 22846534 / 22029945

 

Business Ideas, Business Plans

How did an english teacher set up a Rs. 90000000000000 company

 

…………………………….. Alibaba, an e commerce company founded by jack ma, an English teacher has filed for an ipo on the New York stock exchange for raising a staggering $15 billion dollars (900000000000 rs) by diluting a mere 10 % , therefore valuing the post issue company @150 billion dollars (90000000000000). The journey of alibaba is nothing but a fairy tale, and that’s why I thought it expedient to share. …………………………

Click here to read on… 

 

 

Business Ideas, People / Stories, Uncategorized

Change your typeface, save millions

CNN) — An e. You can write it with one fluid swoop of a pen or one tap of the keyboard. The most commonly used letter in the English dictionary. Simple, right?

Now imagine it printed out millions of times on thousands of forms and documents. Then think of how much ink would be needed.

OK, so that may have been a first for you, but it came naturally to 14-year-old Suvir Mirchandani when he was trying to think of ways to cut waste and save money at his Pittsburgh-area middle school.

It all started as a science fair project. As a neophyte sixth-grader at Dorseyville Middle School, Suvir noticed he was getting a lot more handouts than he did in elementary school.

Click to read on and find out which Font is most economical to print.