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 1 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