Wednesday, December 30, 2009

Good Wicket


Over the years life has become tougher for bowlers, I don't know how can a youngster watching Cricket nowadays will get motivated to become a bowler when a bowler is thrashed to all parts of the ground.


Mediocrity is something which can be appreciated by more number of people and this is precisely the reason why Cricket authorities are trying to woo the audience by making pitches full of runs. It might make batting look more spectacular but it comes at the cost of being unfair to bowlers.

I still remember good old days when bowlers like Wasim, Waqar, Donald, Mgraw, Ambrose, Kumble, Warne use to test batsman for their skill, there use to be a great anticipation for contest between the bat and the bowl. Are we seeing it any of it these days ? It looks like we are just watching batting and not Cricket.


Sometime I really don't understand how can someone call a dead pitch devoid of any life for bowlers as a good cricketing pitch. Making the teams score 400 runs in 50 overs might be making Business sense for the Cricket Lords now but i strongly believe that its a short term trend and eventually people will get bored out of it.

Wednesday, December 23, 2009

Good Question ..

Why do scientist/space mission looks for water on other planets?

Stay Hungry Stay foolish

Read the book stay hungry Stay foolish , found it really motivating, interesting and a must read for all budding Entrepreneurs. I have noted down the parts I liked most.


Naukri.com

Don’t do it for money, Do it for your Passion!

Don’t exaggerate the cash flows, under commit and over deliver

Be generous with stake sharing.

Employ people who are smarter than you or atleast smart.

Learn the art of delegation!

Funding is important, don’t hesitate on Venture Capital Funding.


Educomp

Look for Need Gap.

The scalability of the venture.

Even if your salary is 15lpa, in 5 yrs you will earn 50 lakhs after tax , If you run a business for 5 yrs , it will be in crores very easily.

Feed Back Inc

Apni Aukat mai kaam karo , check the level of risks you can take

Adequately capitalized

A complete team , competency Mapping

Don’t bother about the peer pressure , “ Koi phikr nahi hai apna kaam kar “ ?


Mastek

If you want to keep your friendship with your college buddies for life, start a firm in a partnership.

Choose a leader not based on shareholding, age but on trust, respect and competence.

Team with trust for each other.

Implemented Balanced score card and incentive schemes very early.

Get 4-5 years of experience; learn at somebody’s cost, get a bit of feel, financial stability and savings.

Don’t just think of it, don’t just wish for it, Jump in it and do it if you are really serious.

More than synergies of skill, synergies of attitude and values is more important.


Subhiksha

Join the company where you want to operate

Work for smaller companies to get the exposure to the nuts and bolts of the company.


Shree RENUKA Sugars

The kinds of jobs which comes on Campus are not suitable for budding Entrepreneurship.


TEGA

Don’t give it up half way.

Have patience during the difficult time.

Plan to put 50% more money than you have calculated .

For midsized company, don’t spread in too many geographies as the management focus will dilute.


Eklavya School ( Sunil Handa )

Can join a company for 2-3 years

Join a company which makes you a CEO of a sick unit, and gives you power to make it profitable

Or

Join a company which provides you opportunity to work fully on a new project from planning till implementation.

Or

Executive Assistant to the CEO , Promoter


Narayan Murthy – Give capital stake to people who add value to your company, not to attract capital.


Edelweiss Capital

As human we grossly overestimate the short term and underestimate the long term.

Financial literacy is very important to run a business.

Make a person head, with slightly more equity holding, not more than 4 partners. Equal partnership is not possible.

Don’t worry about temporary loss of status, money and address.


India Infoline

Be prepared to fail, if you can’t take failures, Entrepreneurship is not for you.

Work for a good medium to big size company before jumping, It helps.

Select a leader, having 3-4 equal share partner and looking for consensus is the worst thing.


EXL

Don’t start fresh out of college, spend some time in industry.

BE conversant with Finance, VCs don’t teach you that, you should know the finance well.


Orchid Pharma

Aim to create value, lasting value, no dearth of capital in the country.


Mphasis

Diversify wherever possible, as u can’t see the future.

Not be over emotional about your company

Important Traits – Networking, Risk Appetite and Luck!

Promoter has to spend lot of time with customer; sales people cannot match yr energy and passion.

As a small company you need to very transparent, refund the money yourself if you did a bad job.

Learn about networking, cash flows, loans, negotiations before taking a plunge in entrepreneurship.

Try to tell your negatives first in power point, than come to your positives.

Take customer reference (Written) to add value to your power point.


Precious Formals

Business plan can be made by anyone, but plans are not enough.



Wednesday, December 16, 2009

Maths is Fun

I was just searching on net the value of cos 30 and I came across a very informative website. They had displayed a easy way of remembering sine/cosine values.

sin 0° = sqrt(0)/2
sin 30° = sqrt(1)/2
sin 45° = sqrt(2)/2
sin 60° = sqrt(3)/2
sin 90° = sqrt(4)/2

cos 0° = sqrt(4)/2
cos 30° = sqrt(3)/2
cos 45° = sqrt(2)/2
cos 60° = sqrt(1)/2
cos 90° = sqrt(0)/2

The website http://www.mathisfunforum.com contain other interesting Mathematics games , puzzles too.