Wednesday, March 21, 2007
Saturday, March 17, 2007
Business Sense???who gives a damn
u would have heard a lot about entrepreneurs which reside in the hinterlands of India.. or may be you would have heard about the IIM grads leavin their grand paychecks to pursue the entrepreneurial culture.. but wat i am goin to tell about is the abundance of money which is leadin to openin of new shops with what seems to me a bad business.. A leading telecom player establsihes a distributor in big district.. then it appoints Associate Distributors (AD's) in the hinterlands.. they take 8-10 lakhs as security deposit with no interest payment and the commission paid is 1% of the turnover.. now average turnover of the AD is 1,00,000 p.m. and he pays the salary to the staff he hires, his all shop expenses and he gets stuff from the company only on the draft amount paid to the company thus availing no credit from the company.. a simple calculation will tell you tht it doesn't makes any business sense from any angle but still thr are queues to get an Associate Distributorship of the company.. this is b'cos people have the money but no job.. they do not want to sit idle in the home nor want their money to sit idle in bank.. now if i think from Capital point of view they are literally destroying it.. but they do not think so, for them work is their Dharma.. May the god fire more of these entrepreneurial spirits in India.. Amen
Hail Lalu
This post is dedicated to our own Railway minister Lalu Prasad Yadav.. Some days back i had the luxury of travelling in Indian Railways from Bangalore to Mughalsarai on a 48 hrs journey.. till now i had heard in the IIM about the railway turnaround and how Lalu has brought about changes.. my first hand experience was really gr8 as i could see tht thr was frequent cleaning of toilets, the food of pantry was good and even the linen we got was clean and not torn... however, thr were some rats in my bogie, which i believe was the outcome of the distance of the train and they could easily get enough food during the 2 days journey and survive peacefully in the environment.. but the bloody politics could lead people to do anything.. with me were travellin some ladies who were from Samajwadi party.. since they had no good work apart from chatting their way through, they started hazaar cribbin about the rats and how the latch of one of the dustbin cans was not workin.. they even went to the extent of clickin on the photo of the dustbin from which the plastics of used food were spillin out due to its latch not workin.. and then they made a big letter sayin tht nothin was perfect in the train.. the letter went to saying tht toilets are not clean, food was not good (though they had a big bag having all the food stuff and din't even ordered the pantry's food once) and linen was not clean.. i just hope tht they din't go on the extent of shittin all over the toilet and clickin photos of it ;) .. anyways, my message here is to lalu that if u receive some letter like this with photos just trash it.. or may be tmrw "slimes of india" or "kal tak" will show those photos all over india.. just say balls to them and keep up ur good work.. hats off to you..
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