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Notes from My First Lesson on Finance- part two »
Since you are here I believe you have already read the prequel to this post found here.This post would cover the following topics as promised:
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- Basics of the Balance Sheet
- Fundamentals of the Profit and Loss account
- The Cash flow statement
- Validating your assumptions
- The Seven financial reactions to any decision you would take.
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Notes from My First Lesson on Finance- part one »
As an entrepreneur,one often finds him/herself getting their hands dirty with the nuances of finance. Ask any entrepreneur and s/he would tell you how important (and boring)it is to know the basics of finance. That is precisely one of the reasons behind TiE Mumbai hosting a session on ‘Managing your financial issues’ as a part of the ‘ TiE Institute Knowledge series’.
Fortunately M. Hariharan,Director Savoir Faire (an entrepreneur since the last eighteen years) was probably as skilled in participant expectation management as he is in Total Cost Management. His constant dosage of funny anecdotes and analogies not only kept me wide awake through this 4.5 hrs session but also encouraged me to take notes.
I’m posting these notes for the benefit of entrepreneurs. Hope it helps

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Autposy of the I Vote for Nobody email Fwd »
Post 26/11 Mumbai is totally different. In fact, it has spread across the country. Everybody is charged up and has an urge to do something, take an action, be a part of or trigger a revolution in order to take charge of the country. Citizens are putting their words into action and putting in all efforts to channelize their anger and pain into building a better, safer future for all of us.
Post the terror attacks, citizens are engaged in constructive activities ranging from organizing peace/protest rallies, candle lighting, debates, blood donations, creating FB orkut groups and discussion fora, writing blog posts etc. The motive being clear: to challenge the system and make sure that we create a diligent and safe society.
Share on FacebookROCK ON … and keep rocking »
The Movie: Rock On
Producer: Ritesh Sidhwani, Farhan Akhtar |Writer, director: Abhishek Kapoor |
StarCast: Farhan Akhtar, Arjun Rampal, Purab Kolhi, Luke Kenny, Prachi Desai
Plot Preview:
The movie oscillates between the successful present and the happy past of ‘MAGIK’.
Magik is a band formed by the four protagonists in their early twenties, when they escaped the quarter age crisis by doing the thing they wanted to do.
The band that rocked the crowd and set the stage ablaze moved apart for self centric reasons to give some of its members a successful and ‘well settled life’: the life without a calling.
The story takes you across the split and merger of MAGIK with the magic of meaningful music combined with a coherent sense of direction.
The Smart Shopper Series »
Let me to introduce you to the smart shopper series that I propose to initiate here at !!pseudonormicks!!
This series would comprise of posts that deal with various aspects of consumer shopping spanning across topics like how business works, tips and tricks to smart buying and of course some great deal listings.
This is not a well thought of and a well planned attempt, so kindly bear with me if it doesn’t live up.
Currently I am also researching on building up a service that caters to individuals who value their time and money while out shopping. For the same purpose I’ve initiated a survey that would help me understand consumer preferences.
The short questionnaire would take you approximately 7 minutes to fill up and you can find it over here.
This is Lavin Mirchandani's pesronal blog. THe bio would be updated soon.
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