More About Tony Fernandes


wealthymattersIf you have just recently begun hearing about Tony Fernandes of Air Asia in terms of the new JV in India,and want to know a little more about him,here is an interview from Indonesia.It makes for interesting viewing and gives an insight into his mind.This could prove to be useful if you are trying to estimate how this JV will effect your airline stocks.Also there is much material for entrepreneurs to mine for nuggets to improve their own businesses. Read more of this post

Branded Food Stalls At Weddings


wealthymattersEver wondered how much it costs to have a branded food stall at a wedding?Well here are some figures to give you an idea:

A parlour of Haagen-Dazs costs 5-8 lakhs per evening

A Costa Coffee Bar costs about 3 lakhs.

 

 

Jewellery From Recycled Silver


wealthymattersMelting down old jewellery,utensils and coins to fashion new jewellery is old hat in India.Local craftsmen do this routinely as their customers periodically refashion their jewellery.

But in the last few years,the higher bullion prices have made melting old zari,a profitable source of recycled precious metals.Hence the increasing popularity of buying old silk saris these days.‘Zari’,for the uninitiated, is silk thread, twisted with a thin silver wire and then gilded with gold.It is interleaved with the silk weave to create the designs or motifs on sarees like the Kancheevaram.

As an aside, in case you are thinking of buying/selling zari items here is  some useful information :By custom, 1 Kg of zari would have approximately 500 gms of pure silver, around 5-51/2 Gms of gold.The cost of the saree depends on the purity of the zari. But now a days the quantity of pure metal used is less – only 420 to 470 grams of silver and 3 to 3.5 grams of gold.And if you go for the gold standard in hand loom silks, as per the Geographical Indication (GI) label, a Kancheevaram saree should have 57% silver and 0.6% gold in the Zari. The Tamil Nadu State government has relaxed this ruling to 40% silver and 0.5% gold,to protect weavers in the face of the increased price of bullion.So good luck haggling for the recyclable metal. Read more of this post

How To Achieve Your Dreams


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Think as a farmer does to realise your dreams: act, wait, harvest.

Here is some excellent advice from Alex:

Dreams are seeds waiting to be planted in the field of life.Think as a farmer does to realise your dreams: act, wait, harvest.

Take action to achieve the dream.

Sow nothing get nothing.  Do nothing get nothing.  A farmer won’t grow a harvest if they plant no seed.  Your dream has to be seeded by taking action.

Be patient.

There is no such thing as instant grow seeds.  Seeds sown in spring wont be ready to harvest until many months later in late summer.  Once the seeds are sown nature takes its own course, patience is required.

Seize the opportunity.

You have put in the work, you have waited patiently and now you harvest the results.  Once the crop is ready it has to be harvested, waiting too long the harvest is lost. Regret follows those that despite initial good effort failed to seize the opportunity to make their dream a reality at the harvest time.

 

HP Connected Music IndiBlogger Meet


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I spent the day at the hp Connected Music IndiBlogger Meet held at Otto Infinito in the BKC. As this was my first blogger meet,I was just looking to see what was what.

I expected to meet other bloggers.And in a way I did.Unfortunately I found the time allotted to interact with each other severely limited.Shaking hands,mumbling greetings and introductions and scribbling on each others’ cards in a few seconds is  hardly conducive to getting to know anybody.And it had the feel of one of those networking parties where everyone glues on a fake smile and shakes hands and tries to look interested while their eyes are darting over to the next quarry.Without the cement of genuine feelings networking doesn’t count for anything.Out of the 160 participants.I doubt if I can recall the names,faces and blog details of more than a dozen people and I think that’s a pity.On the bright side,I met a school mate after 19 years.I guess that counts for a lot.In the midst of a group of people both younger and older than me,it helped me get a sense of travelling in a cohort.I value my connections from school a lot more now,than I did at 15,when crossing the next frontier was more important than enjoying what I had at hand. Read more of this post