Often I see entrepreneurs or small business owners moaning about lack of “enough business”. Some are more crude – Can you get me a customer? Or, can you email our brochure to all your contacts? I try to be as polite as possible on such requests, but many are offended as to why I am not helping them! The thing is that if I am not convinced about their work, I have no choice but to gently decline. Interestingly, when I quiz them back on their sales or lead generation plan or process, their answers run on these lines:
-Attending random events (some of which have same visitors coming repeatedly or the percentage of target customers is very low)
We had advised earlier to Clarify Your Goals in a previous post here. But then temporary clarity using a few smart technology tools is not good enough in these “interesting times”.
Especially when you are in a critical business situation and decisions need to be made among a series of contradictions.
Often, we find ourselves overwhelmed with a large number of exciting options, immense possibilities, conflicting opinions, changing priorities, shifting bottlenecks, fluctuating market scenarios and unpredictable customers!
Test your situation with this TEN-QUESTION-TOOL to re-engineer and transform your situation into a workable strategy and clear-cut plan!
The mBillionth South Asia Award 2011 concluded last Saturday, 23rd July, 2011 at Hotel Eros, Nehru Place, New Delhi, with more than 600 delegates attending the marathon 12-hours long International Summit on the theme “Linking masses with 3G”.
It has been a great privilege to be part of the execution team of the entire mBillionth Award process for the second consecutive year. Six months of intense effort went in reaching out to innovators and implementers in the eight South Asian countries and engaging various stakeholders to ensure successful compilation of nominations, rigorous screening, research about the projects, execution of a high-powered Grand Jury (in Sri Lanka) and finally managing the logistics of inviting 2000+ fraternity to the final event.
Just few days left for mBillionth Award 2011! The international summit with the theme ‘Linking Masses with 3G’ is scheduled on July 23rd in New Delhi at Intercontinental Eros. More than 500 delegates, 200 Mobile and App Developers, Telcos like Vodafone, leading mobile phone companies like NOKIA, and VAS leaders like OnMobile and One97, along with hundreds of other stakeholders are converging to see how the mBillionth movement is spearheading the convergence of ideas around mobility to directly impact mass inclusion to development and digitally equitable world.
Mentor Edge is an initiaitive from CIIE (Centre for Innovation, Incubation and Entreprenuership), which was set-up in IIM Ahemdabad and is supported by Government of Gujarat and the Department of Science and Technology, Government of India.
Each participating city has a dedicated “City Coordinator” to link Start-ups with a pre-selected groups of Mentors from a variety of domains and verticals.
So far, successful events have been conducted at Ahemdabad, Bangalore & Mumbai. Upcoming events are listed below:
After TEDIndia (held in November 2009 in Mysore), TED enthusiasts are showing up in various parts of India – a partial list is here: TEDxAhmedabad, TEDxBaroda, TEDxBengaluru, TEDxChennai, TEDxKonkan, TEDxMumbai, TEDxPilani, TEDxPune, TEDxShekhavati.
This list, at best, is a good start because the awareness about TED is still “poor”, to put it mildly. Many people who registered for TEDxGurgaon (held on Saturday, 27 February 2010 at Epicentre, Gurgaon), did not turn up (without communicating about their absence) and some attendees did not know about TED.
So, the task is cut out for us! Let us do our “two bits” in helping spread TED, a non-profit organization “devoted to giving millions of knowledge-seekers around the globe direct access to the world’s greatest thinkers and teachers”.
Event: Samsung India (LED and LCD TV) organized a unique workshop on future technology & aesthetics – Technology@Home.
Date: Saturday, Jan 09, 2010. Location: Chocó La in Khan Market, New Delhi.
I remember a German visitor being amused on seeing a lubricant being sold with the byline “superior German technology” at a petrol pump in Delhi! Whenever we see a label like “Made in German” or “Made in China” immediately our mind throws up stereotypes! So, what is YOUR image about the Brand “Korea” and more specifically “Samsung”? Any pre-conceived notions? Do send in your comments! …..contd. (click on “full story” to continue)
Days Sales Outstanding (DSO) is your company’s average collection period.
The smaller this number, the faster you are in collecting money from clients.
Depending on the nature of your business (for example, number of transactions, customer profiles, and competition), you may choose from a variety of strategies and tactics to reduce your Accounts Receivables Average.
The deadline for filing Corporate Tax Returns for FY 2008-9 in India, September 30, 2009, just passed by. This date was known a year back.
Many businesses did not file the returns on time, and would be paying late/penalty fees!
Accountants and Business Owners “know” about this deadline much in advance. But, the balance sheet is finalized on the last day, after days of frenetic late night error fixing by the accounting team and auditors. If you have a relatively large-volume business, the COST of such an approach could be HUGE