ALL STARTUP/ STANDUP CAN NEVER BE ABLE TO WALK
millions of Indians are able to start up as stand up and walk also with out the support of government or bank, eg. like me since 1994 almost 22 years . till date I could not get any loan from any bank they want me to provide collateral. When I started as a first generation entrepreneur itself I did my startup and stand up by selling my assets and invested the assets. 22 years I am struggling to do business, because I do not have any political support nor I do business using corrupt people and hence to be competitive i can not get huge profit in what ever business I Do. Still I have achieved a lot in the last 22 years.
As unless one struggle and put in effort to claim up Himalayas it is a not appreciated, It is like " if one spend huge money and go by heli-choptor and land on top no one appriciate this as an achievement"
In India a startup and stand up can never get business till the level of turnover he achieves. Every government tender terms are specific that one can not participate till they are in business for 3 years this is first check, Then the turnover start/ stand up must have is minimum 6 times the business what they expected to do with that department "may get". So imagine when and how these START UP and STAND UP can walk BIG "?" more
As unless one struggle and put in effort to claim up Himalayas it is a not appreciated, It is like " if one spend huge money and go by heli-choptor and land on top no one appriciate this as an achievement"
In India a startup and stand up can never get business till the level of turnover he achieves. Every government tender terms are specific that one can not participate till they are in business for 3 years this is first check, Then the turnover start/ stand up must have is minimum 6 times the business what they expected to do with that department "may get". So imagine when and how these START UP and STAND UP can walk BIG "?" more
Viewed by 3450
View all 44 comments Below 44 comments
Start up does not men that invest money & start because then you are up against many forces pulling you down like not having enough knowledge of the subject, place of work is not suitable, job that you have started is not having enough purchasers, you do not have experienced & knowledgeable people to expand & run Business smoothly, your own workers are dissatisfied lots & have no urge to go further & suggest new methods to improve business. It is easy to start up but very difficult to continue with vigour, speed or enhancement as one had expected. One may loose the initial investment, night's sleep & peaceful married life if after start up one does keep his eyes opened to see what is going on, keep ears opened to hear the criticism or praise by the Clients, taking everything lightly & criticism as part of Business is the best option. Proper Advertisements, giving Discount, On Line Trading & keeping ample stock are some of the best options for good Start up & good Business. more
Mar 31
Dear Mr.Sugumar Iyer You are right even after 22 years i could not build asset. yes I could have built huge asset though business, only by misusing my client. either by way of charging huge profit from one client or every client or for that matter i being in IT I could have minted money with the client profile i had all are corporate and world no one regional media on line i am proud that i made this happen for that i needed 10 years and the media also had the patience to co operate with me for 10 years. They never did any publicity for promoting this portal. all these because i was doing it at a very nominal cost of 30k per month. can you imagine just by spending 30k month one can create a world rank number one regional language online media to day receive 1 million hits every day .It all from a from a single dot we did it. Yes It was possible only because i was doing it at a very low cost. For us it is an achievement. Why TATA, BIRLA took so many years to come up ? In IT every year there is a total upside down rank of corporate because huge margins over night they loose customers. and terminate employees just like that . No stability in growth. one year 10000 crore profit ext year 5000 crore loss? where it is heading?. For a first generation entrepreneur need to be very careful till he stabilises with surviving and growth of his family , kids education , their marriage all happen i this period. Once he cross this period 30 years to 60 years then only he ca see some light . Of course there are exceptions like MONEY POWERED business ready to loose millions initially google, yahoo, face book , Online malls all you must wait and watch how many years thy survive 5 years...10/20/30/... Where as in INDIA 90% first generation entrepreneurs are not with any money to begin . They have only efforts to looses not money. I have survived 22 years so i am proud to be a successful business man. more
Mar 31
Dear Mr Madhukar Swayambhu, It is not art of sals it is art of "MARKETING" I knew this and I am sure any business need marketing capability money can only support as one ingridiant to business. Though many of my friends invested huge own money , loan etc still they made huge loss and wound up their business in 5 to 10 years. even a tea shop survival is based on the owners marketing capability. In village a small contractor's survival also need marketing - I mean Marketing not sales capability. more
Mar 31
Dear Mr. Bala, it's not about government support. it's the art of sales. usually people who start up with a good and a BIG idea, aren't sales professionals, they are design professionals. and if you can make a wonderful product / solution / services, doesn't essentially mean that you can sell it too. it's a different art altogether. visit www.vedicbrand.in to know more about market in India and the art of sales. do let me know if you need any help in building your sales. more
Mar 31
The situation is not as bad as it is described here: Obviously it depends on what business one wants to start. Money cannot be advanced for anything one wants to start! There are also start ups like mine where the bank where I have the current account wants me to take long term loan but I have refused as I don't need it to run my business! more
Mar 25
