Skip to main content

Entrepreneur. . . . . .

I am currently reading the book, “High Performance Entrepreneur” by Subroto Bagchi. I really liked this book. It is written beautifully with lot of real life examples. I recommend this book if anybody out there dream about starting a company of there own.
The author tells starting a company is not a child’s play. One must be really committed, dedicated towards it and once the decision taken there is no chance of taking your foot backwards. Entrepreneurs don’t fear failures, they know only to run the company themselves and they do it at any cost.
Subroto quotes nice examples in the book like; the first product of Sony was wooden rice cooker which was a failure product in the market. But still the Akio Morita the founder of Sony did not fear that and went to give us world class products.
Once IBM was bankrupted because of recession in 1917, No bank was willing to buy the computing device which IBM had created. Watson Senior's wife once met here friend who was librarian and she told , she wanted those computing device as she was finding it difficult to organize books. Then IBM was saved because they sold some of the devices to her. This made Watson realize that he must focus on larger issues like making devices for multipurpose use against making a product for one single Bank or vertical.
The author gives lot of insight on how Gopinath (CEO of Deccan Airways), Kiran ShawMazumdar (Bicon CEO), Siddhartha (Coffee Day),Ashok Soot(Mind tree) were able to succeed in there individual ventures.
He explains in depth, how to start a venture, what should be the necessary requirement & how you can achieve success. He also cautions about the various aspect of building company from scratch.

I feel this much of information on the book is sufficient, I would not like to spill all the beans.

Comments

Popular posts from this blog

Nostalgic about food.

Have you ever experienced in your life a certain addiction to a particular food with particular flavor and taste.No matter you eat that food any where in the world you will never ever get satisfied and you constantly miss that taste.And sometime you regret that you could not eat as often as you could, simply because we could not afford it. It was way back in late eighties when i used to live in beautiful Bangalore. Unlike today Bangalore was so peace full and a calm place my brother and me used to ride a bicycle and go to a mobile shop(i.e a small shop on wheels) and eat "Masala poori" and "Pani poori" which used to cost us just Rs 1.50 a plate, together we both would spend utmost 6 rupees. we used to go some where around 7:30 and 8 PM in the night relish the great stuff.  I agree it was not the most hygienic food. After seeing the way food is prepared and eaten across the world i don...

Current Trends

How it all started In the year 2000, Y2K created fear among many companies. Lots of companies had to spend millions of dollars to correct this issue. IBM which created this code did not provide any root cause solution. But asked companies and clients to fix the code at the application level. And at the same time internet was a new phenomenon with lots of people wanting to have a web page on the Internet. But since the internet was still in its infancy, it could not provide any monetary returns. So there was a dot com collapse. When this was happening in the year 2001, 9/11 happened and shocked the entire world and all the markets collapsed.   Later, then the US government wanted to send a message to other countries, that the US market is very stable and incidents like this would not impact them. So radical approach was used to kick start the economy and also they went after the countries which were involved in attacks, which in turn required billions of dollars. But this inorga...

Snow Storm

Snow Storm People don't show, in-spite of no snow. Working from home, is the new word to go. I don't intend to clean my drive way. I know the roads will be slippery on highway My car ran out of gas and all 5 tires went flat. I locked my doors and have no keys to my flat. Kids did not get up, my wife was mad on me. I skipped my breakfast, now don't blame me. I keep giving you the cut and make up the stories. You have free lunch and wine with no worries.