
courtesy: CastrolTechnology.com
This blog post serves two fold objective:
a) To get me back on track on blogging regularly (lets say its a new financial year resolution)
b) Try to answer a question that some of you may have. Essentially the post below is my answer to a Question asked on Linked In- which happened to get rated as the ‘Best Answer’. I share this as it is a low hanging fruit for me to re-start posting.
Here goes… Continue reading →
Social Media is more than just a buzzword. It could be a passing fad just like some ‘experts’ speculate, or the next big wave (for those who don’t already feel it). I’m no expert neither do I enjoy speculating. However, as I write this piece for Blogadda, I’m sure that you, the reader, have moved to a point far ahead from the one where you exclaimed ‘aw3s0m3!’ (a geeky way to express that adrenaline rush on seeing a neat digital phenomena) looking at videos sharing social media statistics.
What probably started as a medium to rate women on campus has now evolved into a medium that allows you to communicate and meet them in addition to others. It allows you to market, converse, share and learn, manage customer relationship, overcome geographic constraints… and the list keeps on growing every day. The wise enthusiast is always on her toes trying to keep up with the trends, while the medium continuously evolves to reach out to more than just those on the Internet. It keeps on getting more inclusive every day. Continue reading →
I bought tickets and saw the movie ‘Prince’ in its entirety.
But WHY!!??
I don’t know, may be I didn’t have any thing better to think of at that impulsive moment.
But WHY!!??
It has rekindled my urge to blog. I thought of bashing it with a review, but should that be my approach?
One needs to handle such cases sensitively, so I tried hard to empathize with the filmmakers – what would I have done, had I been the filmmaker? I thought aloud, in my mind.
Finally, for the sake of sounding sensitive and realistic (like the one- day CM), I cooked-up listed these business propositions, and chucked the conventional review.
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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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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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