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Showing posts from March, 2010

Need of investment on Human Capital

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                     India is a developing country and it also has a large population. But like ev ery coin has two aspects, India also has merits and demerits of it. The huge population of the country can develop the country or can collapse the country also. We have seen that the thinking of human being defines the future of the country. In the earlier time the huge populations were the liability, but now it is an asset in India. Earlier the people used to see entrepreneurs with the bad eyes, but now entrepreneurs are the creator and captain of the country.                       If I talk about India then India has an abundance of human capital and is among the countries with the highest density of population. This abundant population can be India’s asset or liability, depending on the inputs that people get. But most of our institutions are just creating and helping to grow only dropouts and unemployables. These unemployables, dropouts

Importance of fulfilling the promise

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I was thinking since a long time, that what can be very important thing or quality which can make a business successful? What can be that thing that can make a business successful or failure? Is it quality of product, services provided by company, low price, financial position of company etc. or it is any other thing? After a lot of brain storming I came to know that in any business or in personal life fulfilling the commitment is very essential. Here are some of the examples – Toyota:- We all know that Toyota is a big name. Toyota is known for h is quality. Quality is Toyota’s promise. Now what happened with Toyota? There is some acceleration and break problem in Toyota’s model. Toyota is also not considering the complains of his customers. So here Toyota is unable to fulfill his promise. Barack Obama :- Mr. Barack Obama has completed more than one year as a president of America but Mr. Obama is unable to fulfill the promises which he had made during the election campaign. He promis

Learning from my old Business

I always love to talk about my old business, which I have started in my college days. I had started “Mushroom Making”. It was really a tough job but I was making money through it so I was in love of growing it. Mushroom was very new in my hometown and only few knew about it. Initially I had to face a lot of problems to find and make my customers, but advertisement and with the help of customer it became easy to me. It was a plus point to me that I was the only player in this field, so the whole market was mine. It was continue for almost 2 years, it was really a profitable business, but due to some reason I had to stop my business. Now I am regretting for doing that. I have learnt a lot from my business, and now I would like to share some of my learning here with you. Following are the some of my learning – 1- It is very essential to live with your dream and realize what you want to achieve. Whatever you want to do accept it, believe it, and then try hard to make it possible and succes

New option for the market

Yes we are growing. We are living in the developing country. Our businesses are also growing. Companies are capturing all the urban areas, and they are almost successful in it. But if companies want to improve their business then they will need new market and new customer. In the urban areas, which are already captured by many companies, it is very difficult to get a new customer. Then what will be the new option for the business to grow constantly. Yesterday I was watching a movie “Mahatma Gandhi”. In this movie Mahatma Gandhi was telling a man that “India leaves in villages.” So in my view villages and rural market will be new areas for business. India has traditionally been an agrarian economy. The burgeoning rural class holds over 70% of the Indian population is the most lucrative segment to take the mantle of growth. The lower class and rural population can create a new growth market and can increase the business level.