STAND – (OUT)

DATED – 15th November 2018 BUSINESS TIP – “If you have to survive in the competitive world today, irrespective of the business you are in, you have to do something that makes you STANDOUT amongst others.” – Hrishikesh Jobanputra, (Hrishi) of http://www.ecomnation.co EXAMPLES – Google – While there were other search engines available when they […]

Cross Industry

DATED – 2nd January 2019 BUSINESS TIP – “Do not look for innovative ideas on how to run your business within your industry. The entire world is copying a model that is already successful. If you want to scale heights, take ideas from a business that might totally not be related to you!” EXAMPLES – McDonalds – The concept of ‘drive through’ in McDonalds, was borrowed from the banks in US, which allowed banking transactions to be done without getting down from the car. One school of thought also feels that McDonalds drive through was inspired by a ‘pit stop’ […]

DON’T’s of a BUSINESS

DATED – 30th December 2018 If you want to have a business, which sustains in the long run, here is a list of things that you must avoid as a business head – Do not skip taking phone calls of customers just because the delivery of product/ service is delayed. They need to be updated about their requirements, which are dependent on you Do not skip calls of suppliers/ creditors just because you do not have arrangements for payments. Pick up their calls and let them know that there is a delay. They might be upset; but will keep the […]

11 Tips for LONG LASTING BUSINESS

DATED – 15th December 2018 Being a business owner is more of a responsibility than a privilege. A responsible businessman will always look at a long-term perspective rather than just somehow closing the deal right now. Here are 11 pointers for a LONG LASTING BUSINESS – Set an example – As a business leader, you must be able to inspire your colleagues and staff with your performance. You must be able to set an example for your team to follow Keep upgrading your products and services – Until you wish to keep earning good money, you will need to keep […]

12 ways to STOP ATTRITION

DATED – 1st December 2018 Holding on to your staff is extremely crucial for success in your business. Your efforts to train them, will be lost if they leave you and go within a few months/ years. At Jain Ceramics, as a working partner, I have been able to retain the core staff for almost 10 years now. Here are some suggestions out of my experiences – Trust – This is the most crucial thing. I have seen many businessmen look at their staff with doubts. Identify your core people. Once they are your core, trust them unless there is […]