Saturday, March 11, 2017
Thursday, March 9, 2017
Think before you Quit / Business Rule
if you want to quit your regular job and want to do
something online then make sure that you don't pay any money in advance as
memberships charges/registration charges etc. A general rule exist in our world
"ONLY BEST FITTEST WILL SURVIVE" means there is "NO FREE
LUNCH". You will get paid according to your work as per market prices. If someone
offers high reimbursement than market prices it means there is a very strong
probability that it is a scam/fraud. Only very rare of rarest chance of genuineness
exist because invention, innovation, knowledge works within the framework of
society, system and marketplace. Part time job needs less time and a bit of
more money generally 25% more rates in comparison to regular job rates. But
in regular job you put time more than the committed but gets income regularly. If
you really want to do something online then you must have a ground base ready
means the basic elements to start, run and operate a project like money,
manpower, material, machinery and management must be readily available. Online
is a subsidiary tool or way for your basic business to re-innovate but may not
act as full flashed path of success. If you really want to work on a project then
you must need to give it a time of 3-4 years in first year you need to gain
knowledge, expertise etc. about the work. In first year of work you may need to
bear some losses as you are new entrant. In addition to losses of 1st
year you also need to fulfil and arrange your personal household expenses which
puts financial pressure on you. In starting year you need to give much time to
business and have less time for your personal family life.
In second year you will have some knowledge as well as
some establishment and your work will go on for no profit / no loss basis but
during 2nd year also you have to give complete time to your project.
In third year you will gain some grip on project based on
your knowledge, strength and grip. You will surely have some profits if there
is no downward trend in market of your work sector. If you were able to cross
the hurdle of three years + downward movement then your work/project will give
you long term benefits and after 5-6 years you can expand and after 10 years definitely
you will have the ability to operate smoothly.
In short we can say FIRST YEAR FOR LOSS, second year NO
PROFIT NO LOSS and third year SOME SAVING / PROFIT and if everything goes well
with grace of god you will be comfortable with your project after 5-6 years.
Tuesday, February 21, 2017
Thursday, January 12, 2017
Friday, December 9, 2016
Wednesday, December 7, 2016
Sunday, December 4, 2016
Effects of denotisation on Start-UPS
As per 8th November 2016 order of Government of India the currency notes of Rs. 500 and Rs.1000 banned for legal tendering. It's a nice move by government against black money, terrorism, naxalism, etc. but the move has turned the daily routine very very difficult for small traders, new investors to start and operate their business. To start any business you need capital and to arrange capital as per government rules it is nearly impossible as any government or private financial institution ask for many documents/guarantee/credibility. A new businessman needs so many licences to start his/her business. Too much documents needs to be arranged to open bank account, register his/her new firm and to register and obtain permission of various government departments separately makes his work very tedious and too much time taking.
The move of denotisation has made it more difficult to start new project especially on small scale. You need to arrange a long list of documents as per prescribed criterias, talk to consultant, appear before authorities, got completed many inspections and other procedures and everybody knows that nothing happens without involvement of mediators means give and take. For all these and to travel, call, document generation you need currency and till now availability of cash is a very big issue.
Suggest some ways and means for above issues.
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