Lessons
At Startup.

Businesses were Govt. is supposed to give you Clearance for every step:

Alright. Brace up for a life full of challenges. You will be expected to grease some very rough hands (lot of grease) at every stage.

Be ready to run around govt offices to get clearances or hire some agent/broker to do the job. Some of the businesses in this line of work include : Hotels, Industries, etc.

How easy is to set this second line of business?

You need to be street smart to deal with govt babus and negotiate the right price for getting the job done.

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Here is the problem of being a founder of a tech startup without any technical background “You will lose a lot of money and time communicating with the techies”.

I write this from experience. I think you should spend at least a month learning basics of software development, prototyping and the best programming languages in market before you decide to start the startup. Read More 

Although the revenue of flipkart increased by 153% in 12 months, the market share has remained flat. And the losses stood at 2,306 Cr at the end of last financial year.

The Indian Ecommerce market undoubtedly is growing at a good pace but the race to capture the market is leading to heavy losses for the major players. Amazon and Flipkart are in a cut throat competition vying for the same market space. Heavy discounting, advertising and logistic is leading to huge losses.

We are in an era where the money is dumped into a black hole without even understanding the simple dynamics of profit and loss. Read More

Question:

Who is your favourite actor?

Answer: He is someone who is 6 ‘ 5″ tall. Has done 10 movies. All were super hits. He has a bushy chest and biceps bigger than mountains.

Yes. I am talking about “Mr. X”.

• I hate it when they build the suspense. Why can’t you simply write “I like acting of Mr. X. Why the hell do we need to know about height, weight, chest, hair of the actor you like. (Read More)

Restaurant businesses are the trickiest of all the businesses out there.

They have the highest rate of failure. Still, we see so many of them open every day and shutting shop before we could even say “the food could have been much better”.

My brother runs a restaurant of his own for last few years. Here is what i learnt after observing his business model:

• Starting a restaurant is something which requires a decent amount of investment. You should take expenses like the kitchen, furniture, utensils, crockery, etc, etc and the budget for the same. Start with a budget of how much you will spend on all of these based on the capacity of restaurant and services you intend to serve.

READ MORE ON QUORA