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Showing posts from 2016

Inspiring Movies Which an Entrepreneur Must Watch

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As an entrepreneur, you are busy all the day, you put lots of efforts for the growth of your business, meeting with clients, promoting your brand. Sometime your work pressure gets so much that you need a break from it. Which is the best way to feel relax? Watching movie is one of the best way to relax.  Now, questions arise, how will watching movies helps you? Movies are best sources of entertainment. It expands your imagination power. You have lot of fun while watching a good movie. It distracts you from worries that going in your mind related to your work. Inspirational movies inspires young entrepreneurs. Lots of inspirational movies are based on real life stories. These movies tell tale about successful businessmen, who are now an icon for every entrepreneur. You will get to know how much efforts these successful people have put into their business on initial stage of their business to reach this position. Life stories of successful businessmen present

Importance of social media platforms for a startup

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Modern world has been empowered by digitization and approach towards digital technologies is increasing rapidly. More startups are interested to promote their brand via social media platforms. This leads towards expansion of business in a faster and cost-effective way. Startups now days are approaching social media platform to promote their brands. According to recent statistics, people who follow a particular brand on the twitter are more likely to be interested in purchasing products of those brands and if they are happy with product and services that they purchased then they also do word of mouth publicity. This is a very good way to expand a business. However, very few startups understands full potential of social media. Platforms like Facebook, twitter, Instagram, LinkedIn have become most important part for digital Marketing. Quality of Marketing is elevated via social media platform. Small venture can easily interact with their customers on social

Impact of Brexit On India

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What is Brexit? On June 23rd in the historic nationwide referendum, British Vote to Leave European Union. Britain will exit European Union Due to this. Brexit has send shock-waves through global markets. After this referendum British Pound fell to the lowest level since 1985 and British Prime Minister Mr. David Cameron resigned due to this. Why Brexit? People of Britain has been given power of decision making of their country.  Britain trade route is bounded with European Law, due to Brexit British have to negotiate the terms and conditions of the trade with other countries. Impact of Brexit Due to Brexit other EU countries worry that foreign companies will be less likely to invest there. Britain might goes through recession in near future, which will lead to decline in their global growth rate. Other European countries may also choose to exit from European Union, this will do more damage to EU. Brexit will hit Indian Businesses, UK h

Government of India Reforms 100% FDI

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The Indian government launched a second wave of FDI reform allowing 100% inflows in civil aviation, e-commerce and food processing sectors. New window of opportunity has been opened for multiple sectors like pharmaceuticals, retail, aviation, defense, food, private security. Now, these sector's will be completely open for foreign ownership. This step will attract investments from global corporation. Now, most of the sectors will be under direct approval route, except few listed. PM Modi Tweeted on 20th June 2016 that " India is most open market in the world for FDI ". PM also tweeted, " This is 2nd major reform after the last radical changes announced in Nov 2015 " At present in India as per FDI regime permits foreign companies to have only 49% of equity share. But, after this step Foreign Investment will go beyond 49%. The FDI inflow in India has increased by astounding amount of $55.46 Billion in year 2015-16 as compared to year 2013-14 it

7 Good Habits of Entrepreneur

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Most of the successful entrepreneurs has some habits which they follow in their everyday life, here are 7 key habits which every entrepreneur must follow. 1. Flexibility We plan our work in advance and we do our business according to it, we expects things will go the way we have planned. But not everything goes around the way we have planned. A sudden change can come anytime. We need to be flexible in the way we are doing our business. If things are not going the way we wanted, we need to find another way to fix that problem. 2. Always have a Plan B Sometime, our plans don't goes the way we wanted. Always keep an alternate way to find solutions to those problems. Never think about quitting, we should always keep trying in alternate ways, the moment you give-up on trying you will fallback and will not be able to move forward. Putting yourself on a path with only one goal in mind and i.e. moving forward creating tunnel vision towards your goals, refusing yo

How to increase funds for startups

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With constant efforts made by Prime Minister Mr. Narendra Modi led BJP Government in startups and entrepreneurship through 'Make In India' campaign across the India, we are witnessing great boom in the startup ecosystem, entrepreneurship is rising in India with a constant growth. Every startup faces obstacles during the initial startup time, like Market problems, Business Model Failure, Poor Management Team, Limitation of finance. Hence, Good strategies should be made before facing those obstacles. With good strategy you can come out as a winner.     There are various Government policies which can create obstacles for startups. Hence , understanding dynamics of markets and government policies is very essential. The main focus for any startup should be raising the funds for their startups.  Raise in funds is the most important aspects for any startups. funds for startups comes from the following: 1. Angle Investors  Angle Investors are u

TWO YEARS OF MODI GOVERNMENT

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On May 2014, world largest democracy had given the mandate in the favor of BJP, Narendra Modi took the vow as an Prime Minister of India along with his cabinet ministers, ceremony was attended by various Chief ministers of India, including opposition leaders and celebrities. Media from all around the world was interested and talking about, what he will  do  after becoming PM of India. After very long gap India had an government with absolute majority and Modi was ready to take India to new heights. BJP completes its 2 years of governance in may 2016, Today Narendra Modi is India's most popular politician in the world, almost everyone recognizes him in the world. PM Narendra Modi stated the following things: 1. Minimum Government & Maximum Governance  Modi government has reduced their cabinet minister by 35% as compared to UPA government, enormous amount of money is saved due to that. 2. Strong Message to Pakistan on 2003 ceasefire violation In

Apple plans to sell refurbish iPhone in India

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Apple is becoming fastest up-coming brand in India, sales has shown incredible escalation in past years, this growth has gained Tim Cook's(Apple CEO) interest in India's Smartphone Market. Hence, he looks upon India as ideal marketplace for Apple's potential growth in Smartphone sector. Refurbish iPhone includes current models which are often returned by the customer. These defected iPhone are then sent to the factory, where they are repaired. Testing is done to certify its condition. New IMEI number and warranty is also provided to these iPhone, hence these phones are launched in the markets with a new identity. Selling refurbish iPhone in India can turn into a success because Indian smartphone buyers are interested in buying iPhone with such a discounted price. In India, average selling price of the smartphone comes in the range of 15k-30k. Selling refurbished phone under this margin can work perfectly for Apple. Most of the people in India desires to

Solar Powered Trains Transforming Indian Railways

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Indian Railways plans to make around 50 solar powered coaches. This is a outstanding step for environmental point of view, a milestone for Indian railway.     Solar panels will be mounted on train's roof. This is a good way to harness solar energy in a Eco-friendly way, these solar panels can generate around 17-20 units of power in a day which can run lights and fans in the coaches. Right now, Indian railways plans to mount solar panels on non-ac coaches only. Mr. Suresh Prabhu(Railways Minister) is giving importance to endorsement of solar power, he has announced plans to generate 1000MW solar power in next 5 years. Installation of solar panels near railway stations, railway offices, roof tops have already taken place across the country. Dependency on diesel will gradually decrease by opting for Eco-friendly sources of energy. Solar powered trains will be able to reach remote locations(non-electrified tracks) in India. Diesel powered trains are run on

10 Awesome Reasons to Start a Business

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Most of the people desires to start their own business, but in reality only few actually starts.  Here are 10 awesome reasons why you should start your own business too. 1. Select Work that matters to you ·   Starting your own business will give you freedom of selecting those projects that you always wanted to do. ·   You can accomplish your dreams by working on project that appeal to you.                                    ·   You enjoy your work even when you are working hard for day and night to achieve your goals.   ·   As an entrepreneur, you will learn what kind of work you enjoy.  2. You make more money ·   As an employee, you can earn only limited amount of money. There is an upper cap to amount that you can earn. ·    An entrepreneur who starts his own business is not bound to these upper caps of salary, you can redefine amount that you can earn.  3. Job security ·  Some people may say that working in a office job in the