kids development in India.
hi there,

I have started a new blog on the role of preschools and play schools on a child's development. This is a part of the initiative that I have started.

Thanks,
Tarun

PS - You can check out the details at http://kidsdevelopment.blogspot.com

Labels: buildingblocks, education, startup

- posted by Tarun @ 8:54 AM 3 comments

 
Starting a company -- my framework
Finally nailed on the framework for deciding on the area that the KGI would work in. The framework is as:

Financial:
1. Not very capital intensive <>
2. Positive Cash Flows in six months
3. Breakeven in 18 months
4. Lower accounts Receivable
5. Ideally minimal or negative working capital
6. Efficient maintenance of accounts payable

Marketing:
1. Addressing a genuine 'need' in the market
2. In sync with changing fundamentals of Indian Economy
3. Value Adders (not creators)
4. No dealing in obsolete products

Personal:
1. Minimal Govt. and no unethical dealing
2. Can be operated with base in Delhi
3. Some contacts in the industry

These are by no means the final list of the framework -- will be visiting these frameworks time and again.

~tArUn

- posted by Tarun @ 11:42 PM 2 comments

 
Namaste,

So another day of blogging after a long time. Have been kept relatively busy with marathon effort -- it's been all fun though. Running a marathon is like life: it has all the experiences of life -- joy, happiness, sorrow, heart breaks, humility and what not. Anyways, like any other experience in life this has been another incredible one.

Alright coming back to the ideas: So, Yogita and I spent a good chunk of time on weekend discussing about the possible business plans.. and we have now finally decided on four different industries.

Even before that we tried to brainstorm what are the founding philosophies of the organization that we are planning to work on. We laid down the ideas in the following format:

1). Satisfaction of creating something, which is built to last.
2). Profitable (can sustain and scale itself).
3). Creating value in the society
-- Providing employment
-- Nurturing Entrepreneurs (or broadly developing Human Resources)
-- Socially Responsible Organization

These ideas are extremely important when we are in the phase of organic growth. These founding philosophies would enable us to decide upon the core values of our organization.

Unfortunately, for the sake of first movers advantage, I would hardly be talking about the exact ideas/industres/strategies/tactics that we are planning to work upon. However, for my own reference, I would time and again visit this blog to journalize the management learnings that I am learning over a period of time.

Thanks!
-tArUn
- posted by Tarun @ 8:25 PM 0 comments

 
After a long time!
Namaste,

I got chance to get active on this blog again after a long time. After long time, I have this chance to think about the business plan and other random business related ideas. So, would start writing about them soon.

Good thing! started the framework document! would be writing soon about the business Ideas here too.

thanks!
~tArUn
- posted by Tarun @ 10:50 PM 2 comments

 
Long time & no see..
Namaste!

yeah that has been the story mostly.. however, it seems that will be the story for sometime to come.. with parents coming in town and prep for marathon begining.. i am pressed for time.. however the cool thing is that I am planning to start a new blog for the marathon training and organization.. hopefully that shall also up the recruitment effort.

In btw, I need to complete seeing many things today like:
- Museum of Flight
- Pacific Science Center
- Looking out for Y's apartment.

Read a great article on how to do business in emerging markets from HBR (may be posting a link to that article). However, its under HBR's spotlight, seemed really interesting.

Anyways.. gotta go!

cheers
~tArUn
- posted by Tarun @ 9:06 AM 0 comments

 
Humanity & busy day!
Namaste!

Today was an extremely busy day after such a long time. I was able to cover so many things, it was just amazing. I am just amazed how efficient I become at times and other times I totally slack off (remember first quarter at school).

Anyhow, my performance reminds on the Indian cricket team so many times. They would do all the initial hardwork and then suddenly slack off or become complacent in the end, resulting in substandard performances. I guess it takes me some time to settle in a rhythm and once that happens I get better at things.

Anyways, today i was able to complete so many things like making sure the financials of the Developing New Business Model are completed, Entrepreneurial Finance homework is also done in addition to cracking the code on the database problem.

Fortunately, I was able to ensure that everything is covered. Though, need to work on the MSN expedia powerpoint tomorrow for sure. Expedia has great set of people, especially my meeting with Ted Wham. He is a very inspiring fellow and the way that he taught me to be an evangelist of one's vision has been amazing. I think his way of working as a silent hero and most importantly making sure that everything is completed is amazing. All the folks that i really respect and have enjoyed working with have exhibited this quality in some form or the other (Brian Carver, Ted Wham, Gavin Shearer) have this uncanny habbit of getting things done right and then not making any noises about it. Since, this is by no chance any coincident, I know there is so much to learn from these folks.

Further, I was so tired today, so went out with Mr. Carver to see a movie. And, God he asked to get Hotel Rwanda, the movie talks about this ordinary man in Rwanda and the extraordinary things that he did. This further strengthens my belief that i have an obligation to become aware first, then spread awareness and finally to always work towards constructive change.

Finally, called up mom & dad to ask if they got VISA and the greatest news is that they did :). I am so happy. And, as usual the mother of all entrepreneurs my MoM did the unthinkable knight the clance. She went ahead and spoke in english with the Visa councellor when my dad kind of got nervous. Man you have to salute to my mom she is just awesome, and so you thought leaders are not born :).

I guess i am too tired, so i need to go back to sleep.

cheers
~tArUn
- posted by Tarun @ 1:18 AM 0 comments

 
Inspiration & financials
namaste!

today as expected turned out to be a very busy day.. with three big roadblocks in front of me:
1). eviews software practice
2). Entre finance case to be done
3). dev business models financials to be taken care of..

i tried my hands at all the things.. am covered some good chunk of grnd in every case.. infact most in the financials aspect.. however, unfortunately could'nt close account at anyone of these.. which is sort of the weakness of all the indians.. however, i have some time with me tomorrow.. and with a good dosage of caffeine and some internal motivation.. i am hoping everything shall fall in place..

had a great discussion with kim and doug abt eviews, with a show-off session of wht i did in terms of excel programming.. they were impressed.. and i was too with their impressive understanding of the forecasting class.. i don't know but i just don't get it.. i m trying. So, they were both my inspirations for today.. in terms of how much ahead of the game they always are.. in fact that's one thing common with all the americans of my class. they are always ahead of the game.. and probably one damn reason that they are in the forefront of world domination.. i have tried to inculcate that quality in me.. we will see if the classical conditioning done to an indian can be changed or not.. However, i guess my mom (an entrepreneur at heart was always like that) . And, may be i got few qualities from her.

in btw, gavin is another great inspiration to me.. this guy is a dynamite.. he was talking abt stuff like marketing when he was 5 years old.. and wht i did at that time.. was my ride my bike in the rented house.. and making sure that others do not tease.. but then as a consolation (i hv to give to myself all the time) i was determined at whatever i did.. but all in all he is a great inspiration.. i guess reading his blog is always inspirational and i m always awestruck.. www.gavinshearer.com is his site i shud check it everyday..

finally, i am following my promise so far.. will be done with one class next week and other classes would follow i guess..

finally, time to sleep has come.. did talk with parents.. am keeping my fingers crossed.. my entrepreneurial is all too excited now.

cheers
~tArUn
- posted by Tarun @ 3:56 AM 0 comments