We hear all too much about what you have to do to become successful. I have discovered one proven way to become successful…Fail often.
How do I know this? Well, we won’t get into that right now. I have come to terms with distinct character traits that hold back young entrepreneurs and when repeated, will definitely keep you from succeeding in your business and life in general.
Dharmendra Jore, Hindustan Times
Wardha, October 08, 2009
First Published: 01:50 IST(8/10/2009)
Last Updated: 01:52 IST(8/10/2009)
Dhyaneshwar Dhage (47) had decided to commit suicide in June 1993.
Of the 500-plus acres of land his family had once owned in Giroli village in Wardha, 759 km north-east of Mumbai, only 5 acres remained.
As crop after crop failed, the family had been forced to sell the ancestral holdings one piece at a time.
And what with the cost of everything, including farm inputs, going up, Dhage could no longer support his wife and three sons on what remained.
To top it all, his father had just died, and he had inherited that persistent Vidarbha heirloom: A large loan, compounded by years of exorbitant interest.
“I thought to myself: ‘It’s time to just end it all. There’s no way out of this’,” says Dhage, still moved to tears by the memory of that decision.
Then, he says, he thought of his wife, then just 26 years old, and his three little boys.
And Dhage decided to try and solve the problem, rather than run from it.
At 17, when most girls of her age were set to go to college for higher studies, she got married.
Advice from a young entrepreneur in the trenches :
Click here for the full article on entrepreneur.com
ICRMS provides Consultancy Services, Project Management and Business Solutions pertaining to various industries such as Banks, Financial Institutions, Credit Bureaus, Manufacturing, Retail etc. enabling businesses and consumers in taking sound decisions and attain their goal.
We are committed in providing services that translate into effective Solutions for the needs of our Clients by:
* Recommending our Clients to accept solutions best for them and at the same time recognize ground realities to phase the implementation of such solutions.
Our expertises are broadly classified in areas of Management Consultancy, Credit Bureaus, Sales & Marketing, Project Management, Data Management, Knowledge Management, Customer Management and Training.
Principals of Actions
Client Confidentiality
We work with various organisations which may belong to a common industry. Client confidentiality therefore is paramount, and an intrinsic value imbibed in every individual at ICRMS.
Collaboration and Partnership
We believe in partnering ourselves with Clients instead of being mere Solution providers.
Best Practices
We endeavour to provide our Clients with the most efficient and effective way of accomplishing a task, based on procedures that have proven themselves over time for large number of organisations.
Client Satisfaction and Value for Money
We believe that success on both sides is the best measure of a productive relationship.
We endeavour to work with most of our clients repeatedly. This is our measure of the value we have added to our Clients and how well we have understood and satisfied their needs.
Tinaz Billimoria – www.icrms.org
Women are often reluctant to sing their own praises. But you can’t succeed in business unless you do.
When it comes to self-promotion, women often take a back seat, waiting and hoping that someone else will give them kudos publicly so they can be off the hook when it comes to speaking aloud about their accomplishments. Why are women so hesitant to self-promote?
Small Fortunes: Microcredit and the Future of Poverty Millions of the world’ s poorest – mostly women – who are unable to provide the necessary collateral to secure a traditional loan are turning to microcredit institutions for help. These institutions give ” micro” loans, often for less than $100, to those for whom the entrepreneurial spirit is still in its purest, most basic form. Whether it’ s through milking a buffalo, selling tortillas, or weaving cloth, most borrowers are able to pay back their loans and have enough profits to reinvest in their businesses, their homes, and their children. Produced by award-winning filmmakers Sterling Van Wagenen and Matt Whitaker, Small Fortunes explores the issues of poverty and microcredit as it features interviews with numerous recipients of small loans in locales ranging from India to the Philippines to New York City.
Business Mind
~~~~~~~~~~~~~
Laloo Prasad Yadav talks to his son to get married
Laloo : I want you to marry a girl of my choice
Son : “I want to choose my own bride”.
Laloo : “But the girl is Ambani’s daughter.”
Son : “Well, in that case…. Yes”
Next Laloo approaches Mukesh Ambani
Laloo : “I have a husband for your daughter.”
Ambani : “But I dont want to marry my daughter.”
Laloo : “But this young man is a vice-president of the World Bank.”
Ambani : “Ah, in that case…. Yes”
Finally Laloo goes to see the president of the World Bank.
Laloo : “I have a young man to be recommended as a vice-president.”
President :”But I already have more vice-presidents than I need.”
Laloo : “But this young man is Ambani’s son-in-law.”
President : “Ah, in that case…. Yes.”
Now this is how business is done!!
Speech by the ITC Chairman, Shri Y.C. Deveshwar, at the 98th Annual 
General Meeting on July 24, 2009
Some excerpts :
A UNDP Report prepared a few years ago, pointed out that 10% of the richest adults in the world own as much as 85% of the world’s household wealth, while the bottom 50% have to contend with only 1% of household wealth.
It now takes the Earth one year and four months to regenerate resources used in a single year. And if this continues apace, the equivalent of two Earths will be needed to support humanity’s resource requirements by mid 2030s. The current global economic model is therefore clearly unsustainable.
…..a competitive low carbon strategy of growth will also have to generate incremental employment and livelihoods. Therefore, for Indian business, this new paradigm of competitiveness will not only require the creation of “green businesses”, but also the generation of “green livelihoods”.
Innovation, Incentivisation and Inclusiveness hold the key to crafting this new dimension of competitiveness.
Enterprisers.in 