wealthymatters

The Importance Of Doing Sales

August 4, 2012 10 Comments

wealthymatters.com ‘Vyaapari woh, Jo Bechta bhala’ = A businessperson is one who sells well.

Selling is something a lot of people fear.There is fear of failure,fear of rejection,fear of not having an answer,fear of meeting new people,fear of being judged,fear of offending friends and family,fear of strained relationships etc.etc.However every business is supported by sales.No sales equals no business.And if you would be an entrepreneur you need to be the best salesperson,not just to clock revenue but to speak to bankers,potential hires,suppliers etc.And the only way to get over the fears of selling is to launch yourself into it.You will improve as you muddle through it.Remember “Courage is not the lack of fear. It is acting in spite of it.” Read more of this post

Filed under Entrepreneurship Tagged with confidence, Doing Sales, fear of sales, fear of selling, Importance Of Sales, Letter of Credit, manage moods, patience, postaday, provacation, Selling, start-up

Learning From Alok’s Conversations

August 3, 2012 Leave a comment

Alok Kejriwal is a serial entrepreneur who founded Contests2win (c2w) in 1998. c2w was the world’s first customized brands promotions website and has retained its leadership position since then.Alok and c2w have gone on to create 3 new businesses – Mobile2win in China and India, Media2win and Games2win and have raised venture capital from top tier VC firms and financial institutions.

I am no fan of VC funded businesses in general.However I still find it useful to read about Alok’s business experiences.Do read the 9 stories below.I’m sure you too will find them useful.I have highlighted what I find interesting in red. Read more of this post

Filed under Entrepreneurship Tagged with 2001 dot com bust, Ajay Mathur, Alok Kejriwal, Bala Deshpande, banner ads, Bill Elkus, brand promotion, business cash flow, business funding, Clearstone Venture Partners, Contests2win, Courtaulds, Film Center Tardeo, final exit, Games2win, Gopala Krishnan, Heidrick and Struggles, Helmut Struss, ICICI Ventures, Intel, Internet Start Ups, iStore games and Android games, Jim Armstrong, Kamini Banga, Khaitan Bhavan, Marks and Spencer, Media2win, mobile2win, Neeraj Bhargava, Nick Zhang, Norwest Venture Partners, online ads, online entrepreneur, Pepsi, Peter Hua, postaday, Pramod Haque, Renuka Ramnath, Santa Monica California, serial entrepreneur, Siemens Mobile Acceleration Fund, Softbank China, start small, Sumant Mandal, Sushanto Mitra, term sheet, The Leela Kempenski, Thota Ranganath, Trident, Va Bene, Vab Goel, Venture capital funded business, Walt Disney Company

Three Good Guides

August 3, 2012 5 Comments

wealthymatters.com This post is just my personal notings from this post from Alex’s blog.

There are gurus, self-help books and religions that for a price of our freedom and resources will tell us what we want to hear. The guidance may be wrong, restrictive and potentially a mind trap of following another’s path rather than our own.

There are three alternative guides:

1. Inner Voice

Always honest, has our best interests at heart, and loyal to us. The Inner voice speaks to us in three ways:

Dreams

Presents the problem and then the solutions. All we have to do is remember the dreams; identify the problem; translate the dream code.

Intuition

Flashes of inspiration; those eureka moments; the mind makes the connections and then presents them. Read more of this post

Filed under Tool Kit Tagged with buddha, Dreams, intuition, Lao Tzu, Philosophy by Stephen Law, postaday

Never, Never, Never Give Up – The Story Of Harland Sanders

August 3, 2012 6 Comments

wealthymatters.com Harland Sanders, better known as Colonel Sanders had a hard life and failed many times. His father died when he was five years old. His mother had to find any work she could, so she worked in a tomato-canning factory. Harland dropped out of school when he was 12.

Harland had many jobs, including: steamboat pilot, railroad fireman, insurance salesman, and farmer. His marriage failed; his wife left him when he lost a job. But he did not give up on life. He started a service station in which he cooked chicken dishes, country ham and steaks for the customers at the gas station and people liked the food so well that he started a restaurant. The restaurant did well for a long time. Read more of this post