Entrepreneurship | wealthymatters

The Potential In Blogging

March 9, 2013 9 Comments

wealthymatters

Ever since I attended the HP Connected Music IndiBlogger meet,I have been on the look out to know more about IndiBlogger and here’s what I’ve found:

IndiBlogger.in was launched in August 2007 as a free blog directory for Indians. However, the founders Renie Ravin(MD), Karthik DR(Director Finance), Vineet Rajan (Director Pre-sales and Consulting) and Anoop Johnson(Director of Marketing) had a bigger game plan: to mobilise the blogosphere, a nascent field at the time, so that companies and brands could engage with their customers.

The idea was conceptualised by the founders (barring Rajan), all in their 20s, at a party in early August 2007. At the time, Karthik and Johnson were selling security solutions for Ostsold Software, and Ravin,also Johnson’s childhood friend was working as a Web architect for Broadspire, a software company, in Chennai. Convinced that they were on to a good thing, the trio quit their respective jobs shortly afterwards and focused on their start-up.They started with an investment of just Rupees 10,000. Rajan left his account manager’s job with Hewlett Packard, Hyderabad, to join IndiBlogger after a bloggers’ meet in Pune, in March 2008. Read more of this post

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The Story Of Paru Jaykrishna

March 8, 2013 Leave a comment

wealthymatters

Paru comes from a humble Jain family.She lost her father when she was a child. She was academically inclined as a child and so did well at Sharda Mandir,the Gujarati-medium school she attended. Her mother passed away when she was a teenager.Then she had to shelve her dreams of becoming a doctor. She then studied Philosophy and Sanskrit. Since she loved challenges, she decided to study English literature next. She did well in that too! She followed this up by studying law.

Marriage in 1964 to Mrugesh Jaykrishna , the scion of the very wealthy Patel business family of Jaykrishna Harivallabhdas of Ahmedabad propelled Paru into the world of business.Aside from the difference in economic background of the couple,the marriage crossed the community barriers of the time. Read more of this post

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Office Space Solutions

March 1, 2013 4 Comments

wealthymatters.com

Real estate is expensive in India.Period.And rates can verge on the ridiculous in places like Mumbai.To add to the woes,renting/leasing is not so easy,if you are not an established business.

That said,I am of the school of bootstrappers who choose not to put down any money till cash starts flowing into the business. So its work out of home/the garage/hotel etc. till a business justifies rents or purchase of property. After all with a mobile phone,laptop and vehicle,its possible to get a lot done at no extra expense.

But there comes a time, when a semblance of an office,means that potential vendors or customers take you a little more seriously.At such times,here are 2 options you could try out: Read more of this post

Filed under Entrepreneurship, Tool Kit Tagged with Bootstrapping, flexible office space, office space, office space on flexible lease, office space on lease, office space on rent, office space on short lease, postaday, Regus, The Playce

Arun Bhatia Family

March 1, 2013 3 Comments

wealthymatters If you have been following the Air Asia JV in India,you are bound to have come across the company Telestra Tradeplace. If you are curious to read more about the people behind this obscure company,continue reading this post.You will definitely get to know more about how business is actually done.

According to filings with the Registrar of Companies,Telestra Tradeplace was registered in August 2001.It has a paid up capital of Rs 1 lakh and made a profit of Rs 31.09 lakh in the year ended March 2012 as against Rs 52.9 lakh a year ago. The company has invested around Rs 1.5 crore in Cavim Realty, indicating an interest in the real estate business.As of September 2012, the Bhatia family owns the entire shareholding of the firm. Read more of this post

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More About Tony Fernandes

February 23, 2013 1 Comment

wealthymatters If 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