Where Is The Next Big Thing? Kenneth Andrade @KotakSecurities #KotakMidCapMeet15


wealthymattersSo interested in becoming the person to build the next industry dominating Large Cap Company?

Kenneth Andrade has an insight for you.

Locate a currently unorganized sector of the economy, better still locate a business that is not yet even an industry. Start small, build a brand and then grow steadily, consolidate and then dominate the sector.

PS the insight also works for investors, VCs etc who’d like to early on identify and back the next big thing.

New Insight @KotakSecurities #KotakMidCapMeet15


walthymattersJust heard something useful in Mr Nilesh Shah’s speech  @KotakSecurities #KotakMidCapMeet15.
Kotak Mahindra Bank stared by providing Auto Financing for Maruti Cars and then extended themselves to financing the purchase of other cars and then grew from there on to what it is today.
Moral of the story? First go do something small/limited, exceedingly well and then build on your successes gradually.

So You Want To Do A Start-Up Eh?


wealthymattersstartups are hard.

startups are really hard.

startups are really fucking hard.

startups are heartbreaking

startups are soul-crushing.

startups are life-shortening.

you can do EVERYTHING right and still die broke.

q: so why are we doing this again?

a: fuck if I know. – Tara Hunt

What Does It Feel Like To Head A Start-UP?


wealthymattersEver wondered about this question?Then here’s your answer in the words of Paul DeJoe Ecquire.com

Very tough to sleep most nights of the week.  Weekends don’t mean anything to you anymore.  Closing a round of financing is not a relief.  It means more people are depending on you to turn their investment into 20 times what they gave you.

It’s very difficult to “turn it off”. But at the same time, television, movies and vacations become so boring to you when your company’s future might be sitting in your inbox or in the results of a new A/B test you decide to run.

You feel guilty when you’re doing something you like doing outside of the company.  Only through years of wrestling with this internal fight do you recognize how the word “balance” is an art that is just as important as any other skill set you could ever hope to have.  You begin to see how valuable creativity is and that you must think differently not only to win, but to see the biggest opportunity.  You recognize you get your best ideas when you’re not staring at a screen.You see immediate returns on healthy distractions.

You start to respect the Duck.  Paddle like hell under the water and be smooth and calm on top where everyone can see you.  You learn the hard way that if you lose your cool you lose.

You always ask yourself if I am changing the World in a good way?  Are people’s lives better for having known me?

You are creative and when you have an idea it has no filter before it becomes a reality.  This feeling is why you can’t do anything else.   Read more of this post

Quiz:Are You Ready To Become An Entrepreneur?


Take the quiz below to figure out if you are ready to quit your job and become a full time entrepreneur.

quiz

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