Bootstrapped from bi... • 1y
As a business owner, If you understand the basics of Banking (negotiating and taking a loan + repaying it without choking your cash flow) and the principle of turning a 100 rupee investment into a 130 rupee return while keeping your overheads under 10 rupees, then I think that pretty much is the long and short of growing a business properly. As a small business owner maybe my vision here is limited, so I could use your insights on this. I have been approached by a lot of people that claim to be gurus, consultants, investment bankers etc that would help me grow my business, but I barely understand a word they say. More importantly, what they say is just based on what they learnt in a university curriculum and their ability to put some tables on a spreadsheet. I felt they never understood what goes on in the street, in the customer's mind, the real trading, the real grind of operating a business in a lean and clean manner. How do you all look at a business and how it has to be run?
BIT'Mesra Undergrad|... • 11m
One of the key learning that I learnt by engaging in business and connect business person is that managing finance is the key to grow businesses. Actually some new business owner don't see there financial expenditure of their company in more detail
See MoreHey I am on Medial • 4m
A very common and brilliant strategy of most business owner I have seen is when their business reached a height exponentially, they just sell their majority stake to a big player in the market but staying at a position of top management. they get th
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