MICROMERATES on their Way !!

Hi buddy!

How are you doing?

Sorry for no post long time!

I was experimenting on a new concept of MICROMERATE and busy with the Summer Projects.

Well,

Micromerate is a Micro Level Conglomerate.

I’ll be explaining the concept in detail, once my project gets through the PSG viva panel.

But I’ll just say its advantages:

• Mitigate Risk arising due to narrow focus on a single sector.
• Ventures of different sectors under the same umbrella can complement each other.
• Collective Bargaining is possible.
• Bulk purchase lowers the micromerates’ cost.
• Real estate costs can be minimised, sharing the office, showroom or warehouse space.
• Resources like workforce, sales force, capital, client data etc. can be shared among ventures.
• Cross selling is possible.
• Layoffs can be avoided or at the least minimised in times of recession, through rotating jobs.

Meet you in next post!

Tata, Bye bye!

Rajan

READ THE FOLLOWING AT YOUR OWN RISK – Seth Godin

Hi Entrepreneur,

I read a book by Seth Godin, and thought of sharing the essence with you. Some points smart start-ups should remember.

1. Failure is an option. Embrace the option.
2. Invent the market. Not just penetrate. Market creators are often market leaders. So why keep on biting other’s market share when you can have the whole pie.
3. Customers are Last (and First). If you have customers all the time in your mind you won’t come up with tomorrow’s products. But have them first when going to the market to sell.
4. You have to be Always ON. Because your competitors are 24X7.
5. Bravery is contagious. Infuse bravery into the core team. They’ll impart with the whole organization.
6. Grind coffee. Not people. Hire talents, give them a lot of coffee. They’ll come up with groundbreaking ideas.
7. Lose the slackers. They are the cancer cells of your organization.

Are you ready???

What they Don’t Teach You at BSchools

PSGians for a Pose
From Left most, Boopathy, me, Aadhavan and Barani….

READ THE FOLLOWING AT YOUR OWN RISK 2

Hi Entrepreneur,

Some of our friends are doing their intern in Rajshree Sugars and Chemicals and they are having MEET THE CEO programme everyday with this BSE and NSE listed company’s CEO Mr.Varadaraj. What he insists is: Nothing is irrelevant to an Entreprenur – It’s all about connecting the Dots!

The first step in daring to dream of a new venture is widening the knowledge horizon we have. This can be done only by three things. First is Reading. Second is also Reading. The third is also definitely Reading. Few days back I read an article in ET about Must Reads for Budding Entrepreneurs. There was a mention of business books which I thought of sharing some of them with you.

Good to Great by Jim Collins**
The Tipping Point by Malcolm Gladwell
Losing My Virginity & Screw It, Let’s Do It by Richard Branson**
Fortune at the Bottom of the Pyramid by C K Prahlad**
Made to Stick: Why some Ideas Survive and Others Die by Chip Heath and Dan Heath

Also, try to read In Search of Excellence by Thomas and Rober, Built to Last by Jim Collins, and The World Is Flat by Thomas Friedman (the close to my heart book!). If you still have a thirst for Reading books, read – Straight From The Gut by Jack Welch, Stay Hungry Stay Foolish by Rashmi Bansal and all books of Seth Godin.

Nothing mentioned above is an advice. I am not saying please Read! But am warning, if you don’t read you’ll become Extinct!

Sayonara, Take Care!

READ THE FOLLOWING AT YOUR OWN RISK

Hi pals,
How are you?
I have written a column on entrepreneurship in our college. My first experience is a hit!
I thought of sharing it with you the section.
—-

This section is for those species, who hates to live in the regime of boredom.
who are not demotivated by failures, but learn from them.
who takes risk like eating rusk.
who are Dare to be DiFfErEnT!

Yes! This section is for the entirely different biological family called Entrepreneurs.

You’ve always wanted to start your very own business. You dream of coming up with the next
BIG thing that will change the way business works. You want to spread your evolutionary idea to
the world.

If the above describes you, then you may find this section useful.
What is common among Bill Gates, Richard Branson, Dhirubhai Ambani, Gautam Adani and Henry Ford? Answer?
Is your answer is all are great entrepreneurs? Yes you are right, but something else also connects them.

All of them are dropouts. They don’t have fancy degrees in formal education. But they demonstrated great purpose throughout their lives and their will to innovate and learn. If you think you have been bitten by the entrepreneurial bug, give treatment immediately by starting your own venture. Helen Keller, the blind and deaf American educator has quoted that, “college isn’t the place to go for ideas”.

Bakul Dholakia, the former director of IIM Ahmedabad once was questioned in an interview that whether he’ll recruit his students, if he starts a new company. Shockingly, his answer was a ‘NO’. The reason he gave was they were knowledgeable, strategically good, have strong education background, but they are not RISK TAKERS! Risk Taking is the basic requirement for an entrepreneur.

Ok fine! How can we MBAs become entrepreneurs? How can we change our lives and work for betterment of other’s lives too? How can we bring out the next BIG idea that can change the nation or the world? How can we help India in having the next APPLE or GOOGLE or PFIZER or Mercedes? How can we bring out the next Blackberry Storm or a PRIUS or a Youtube or eBay?

Simple, learn the basics of business from our MBA @ PSGIM. Try to seed your idea during your intern or summer project, or involve with a company who you think as a future competitor.

Be ethical ALWAYS. Pursue your vision with a sense of purpose. Have a Team that participates in your Dream. Be greedy for knowledge. Seize opportunity every day. Trust your instincts. Think BIG, Think DIFFERENT!
Sayonara, Take Care!

The All Rounder of PSGIM !

Hi pal,
How r u all?
My Life is going on well in PSGIM.
Introducing to you, Mr.Baraneedharan – an all rounder!
He is good in Cricket, Quantitative Techniques, Cash Flow Statement, Marketing unusual products, a Guitarist and also a leader in a great profession(You’ll know what it is at the end of this video piece)

Happy Days!!

MBS or AU or PSG ?

Hey friend!
How are you?
Long time No Write. Thats because I was busy with my admission process into BSchools.

I got admission from Manchester Business School, UK – LUBS, UK – DOMS, Anna University, Chennai – PSGIM Coimbatore – Grenoble, France(Sg Campus).

But finally got into PSGIM, Coimbatore – the Manchester of India based on the very fact of ROI – Return on Investment.

Looking forward for good prospects after MBA from PSG!

Meet you next post!
Bye!

Rajan

What’s Common???

Hey dude, how r u doing?

Let me quiz you!

Whats common between Priyanka Chopra, Mallika Sherawat and Rakhi Sawant?
Is your answer all are Bollywood Actress?
It may be right, but not the one am expecting…

Fine, whats common between Priyanka Chopra, Mallika Sherawat, Rakhi Sawant and A R Rahman?
Is your answer all are Artists?
Again you are not giving the answer am expecting…

Final Question,
Whats common between Priyanka Chopra, Mallika Sherawat, Rakhi Sawant, A R Rahman and B L Rajan ( thats mee!! )

Tough Question, isn’t it???

Well, I’ll give the answer…
All have accounts in Twitter !!!

Atlast I joined the Twitter herd, I may be the Last, but I’ll try to be Latest!!
I tried Twitter, its quite good dude.. Thanks to Vasanth and Suresh – who invited me to Use Twitty Twitter!!
Open ur twitter a/c if you haven’t….

Follow me @ http://twitter.com/ideapedia

Bye
Keep Rocking!!

12000 is the New Bottom.

Hi ,

Long time no see!!
Yeah I was busy with my admissions.
Many investors might have missed the 9000 bottoms of Sensex. If you could have invested in this bottom in large cap stocks – you could have reaped somewhere around 100% returns.

Fine, for those who have missed the 9000 bottom – try to catch the 12000 bottom.
This might be the new bottom as per fundamentals and valuations..

So, dont miss this Bottom!! Catch it up!!!

Catch you Later…!

Bye
Rajan

Dr.Manmohan Singh has Attitude Problem!

Manmohan Singh, yes our former PM and the going to be PM of India has a great Attitude problem.
I think the successive victories made him very heavy headed.
Yeah its really great, to win twice successfully that too in a country of so many parties and political problems. But he can’t afford to be with this Attitude.
Without our votes, can he win?
He shouldn’t have done like this!

Disgusting!!

Whatever it may be, He is my country’s Prime Minister and I’ll have to respect him for that!

By the way, I forgot to say what is his Attitude problem.

I was calling him for the past two days for congratulating him for winning this Election, but he is not picking up my call.. Cha!!

Ha ha ha.. Just kidding!

Jokes Apart, We have got a market friendly govt in the centre and this is the time to plunge into business..
Entrepreneurs and Finance ppl – gear up for the new stimulus policies and make use of them to the fullest.

Gung ho UPA!
Congratulations Mrs. Sonia and Party!

All the best for all your reforms in the coming days!
Happy 5 Year term!

Disclaimer: The above post is purely funny and not to be taken serious. No part of this blog shall be reproduced without the consent of Rajan – that is me, because if you reproduce the first part, I may land in trouble…!