RADBLOK, Anti Radiation Chip from Maxwell Research, Hyderabadha

Posted by on Apr 23, 2015 in Business, Self-employment | 1 comment

Let us protect ourselves from Mobile Radiation.

RADBLOK

Mobile phones have emerged to be the dominant accessories in our day today life the way we wear cloths.  We display with pride our mobile phone(s).  We tuck them close to our body.  We feel possessive about our mobile phone. But what is not known to many of us is that mobile phones emit microwave radiation [RFR] which is quite harmful to our health.  Many research reports and government health agencies have felt that RFR is like a slow poison and may cause cancer in few years or few decades depending upon extent of exposure and its duration.

Maxwell Research, Hyderabad is a three year old research firm which is primarily engaged in the research, design, development and manufacturing of anti radiation devices and more.  One of its products RADBLOK is an anti radiation chip which protects mobile users from the hidden dangers of mobile radiation.   RADBLOK is the only chip which has received CE Certification which would mean that RADBLOK complies with all relevant essential requirements (e.g. health and safety or environmental requirements) laid down in the applicable directive(s) and the same has been examined by an independent conformity assessment body.

Ever since its launch thousands of mobile users started using RADBLOK.  It is being sold across cities through its dealer and distributor network.  Significantly RADBLOK is also available on the shelfs of MedPlus Pharma outlets.

It is time that we use RADBLOK to protect ourselves from the dangerous RFR emitted by Mobile phones. Significantly, RADBLOK is a mouse click away here.

RADBLOK is also a low investment self employment opportunity.  If you are looking for a very small investment business opportunity as humble as INR 10,000/- you may take up RADBLOK retail trading.  For more details one may contact 91-8686444888.

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How to setup a new business – 2 day training

Posted by on Oct 23, 2014 in Business, Self-employment, Start-up business, Training | 2 comments

new business

How to setup a new business – 2 day training November 8-9, 2014 at Hyderabad

Training – How to setup a new business?

There are different kinds of approaches among aspirant entrepreneurs during their initial momentum.

  1. Approach of the majority of aspirants would be that he/she would explore on their own the ways and means to turn their idea into business.  As a first step they go searching for a like minded partner and then into further steps.
  2. Some of the aspirants who would like to play safe would talk to business consultants for advise and guidance before they invest their money.
  3. Some of them directly approach banks for project finance with bare idea and without any documentation.
  4. Some of the aspirants would remain in suspended decision while keeping their dream alive.
  5. A very small percentage of aspirants just go ahead setting up their new business with a gut feeling.

We are conducting a 2 day training programme which would provide answers, guidance and momentum to every aspirant who is in the mind and action of starting a new business.

=== Outline on training content ===

  • How to finalize the best business idea?
  • How to start a new business?
  • What are the various steps to launch a business?
  • How to determine a right investment?
  • How to make a Feasibility Report and a Project Report?
  • How to make a Project Plan?
  • What are the schemes available for a security free loan?
  • How to market products or services?
  • What is the right path to achieve success?
  • How to improve present business?
  • How to build online presence for any Business?
  • How to grow to be a big company?
  • How to earn global identity?

=== Faculty profile ===

http://blog.epmworld.in/wordpress/index.php/about-me/

=== Contact ===

ram@epmworld.in

=== Fees ===

INR 4,000 per participant.

Lunch and two time tea is included.

=== Schedule and Duration ===

2 day training November 8-9, 2014 at Hyderabad.  The venue shall be notified in the first week.

This training program aims to cover all such above questions with case study/exercise specific 2 day 16 hour session.

=== Who can attend? ===

  • Anyone who intends to start a new business
  • Existing business owners
  • Consultants
  • Students who would like to get knowledge of business and entrepreneurship
  • Housewives who are keen to start home based businessThe sessions are covered in English with clarifications wherever so required in Telugu or Hindi.

=== Training material ===

  • Notebook, Pen
  • Model Project
  • ReportImportant templates

=== Takeaways ===

  • New Business ideas that you can immediately launch
  • Clarity in Vision, Approach, and Mechanism to start a new business
  • Templates that can be used in the process of setting up a new business
  • Mentoring on case-to-case basis to setup a Business

=== Facebook event ===

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Important links for startup business ideas

Posted by on Oct 14, 2014 in Business, Government Schemes, Project Finance, Loans, Self-employment, Start-up business | 0 comments

Important Links for startup businesses

We have got numerous institutions in Government sector who assist in idea development to promotion of startup ideas.  The services constitute:

  1. Geography specific potential opportunities for startup businesses
  2. Sample Project Reports that provide one glance understanding of chosen startup project
  3. Data of capital equipment suppliers
  4. Steps to register a startup company
  5. Government Schemes with details of loans, incentives and other support to startup companies
  6. Research, Incubation and Marketing Support to startup businesses
  7. Market Data pertaining to several startup opportunities
  8. Access to global data for export of produce
Services from EPMWORLD

EPMWORLD Service diagram

There are many more services that industry promotion institutions provide to a startup business.

Startup founders, however, would ignore the effort of research and exploration and thus work with insufficient data.  Moreover, the prime focus of startup founders mostly targets loan procurement.  Banking institutions in India are not startup friendly.  The schemes like CGFT and its provisions are grossly under utilized owing to touch me not attitude of several bank authorities in accepting CGFT based loan applications.

Considering the above it is important that startup founders should explore various government provisions and then approach financial institutions with right documentation for loans or incentives.

The other option is to engage a consultant who would enlighten them on various related activities to setup a startup.

Here are some links that would help startup founder to explore data on some of the above aspects.

The above links are just indicative.  There are many more institutions and several more URLs to explore.

You may also like to explore various pages of this blog related to government schemes, project loan process, startup business ideas, idea evaluation, entrepreneur qualities, branding, online reputation and many more business aspects.  Should you need more information may please leave your comment herein.  I would try to answer your queries that falls within my scope.

Venkata

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Some of the business ideas relevant in today’s market

Posted by on Oct 11, 2014 in Business, Self-employment, Start-up business | 0 comments

business ideas

Entrepreneurship and Business Ideas

Top 10 business ideas for start-ups.

Suggested business sectors:

  1. Food Processing
  2. Textile and ready made garments
  3. Technology [Software Product Development and maintenance, eCommerce, Internet Security, IT literacy, Digital Infrastructure deployment and maintenance]
  4. Social Computing / Social Media
  5. Smart Infrastructure development
  6. Solar Energy and allied infrastructure [MW Solar plants, Rooftop Solar Plants, Trading in PV Panels, Inverters and Batteries, Structural Services to erect Solar Plants, Specialist Electrical Services for Solar Installations]
  7. Automobile Components
  8. Textile & ready made garments
  9. Service Sector [associated with Sea Ports, Airports, Healthcare and Lifestyle segment]
  10. Training [Soft skills, Leadership, Sales and Customer Support Management, Finance Skills, Entrepreneurship Development Skills, Data Analytics, Digital Marketing,

Check this before you go for manufacturing activity.

  1. It would be ideal to take up any manufacturing activity based on product buy-back arrangement [job work] or specific network / market strength in the line of activity considered.  If not we will have to bear credit line to buyers, minimum 6 months working capital (depending on the product cycle), R&D and more.
  2. The other option is going with collaborative model with a foreign company to produce import substitute items in India.
  3. The DMIC corridor, Make in India, and proposed Industrial Estates in Telangana and AP are another opportunity in the coming years.  The focus areas of these projects are many varied items to cut dependency on China made capital equipment and end user products.  These efforts are definitely going to provide opportunities for ancillary industry growth.
  4. The other way to explore manufacturing opportunities is to scout for takeover of sick unit or advertise in local News paper for collaboration / partnership opportunities.  This may reveal some good opportunities.
  5. For manufacturing ventures, it always helps if one of the member promoters come with technical or marketing expertise in the chosen manufacturing activity.
  6. Last but not least one can go for manufacturing activity to produce any innovative product.  Innovation doesn’t mean a totally new product idea.  A small twist and improvisation of any existing product which enhances the utility value at affordable cost can be considered.

Brief on IT sector business ideas:

Software product development is an evergreen sector as long as the product becomes a solution to focused problem and the product is designed with inherent efficiency, security and compatibility to various environments.  Considering the growing patronage to cloud computing technology, smart phone infrastructure, and internet security tools,  there is sufficient scope to devise new products or improvise existing solutions to the newer environments.  The other perpetual avenue is enterprise market constituting ERP and ERP integrated with social computing tools and data analytics.

The other promising business ideas in IT Sector:

Website development:

This is a perennial market.  The challenge, however, remains to be the capability of the organization to develop a professional website [elegant interface, aesthetics, mulsti browser compatibility, efficient loading, nil dead links, user friendly navigation, professional and crisp content compatible to search engines and self declarations for content and design ownership] incorporating digital documents [pdf brochures, e-readers, digital collateral with various presentation options, interactive forms for online interaction by customer for enquiries, feedback, survey, referal, and more].

eCommerce:

Practically many offline business models could be converted to online models.  The approach would be offering of related product group constituting a few items in the initial stage.  The products could be from segments like Lifestyle, Food [especially organic food items], Construction, Infrastructure, Supplementary services to Healthcare, Hospitality and Travel & Tourism.
Success of any online venture depends on right scoping, application efficiency, aggressive and judicious marketing strategy.  Many of the failed online ventures have their root to inappropriate business model, poor infrastructure and/or wrong positioning.  The important advantage with the online business models is that they become attractive for funding institutions or individuals once the initial sustenance is proven with promised future.  Popularity and application efficiency are the foremost attractions for any online business models.

Mobile & Tab Applications:

Again many desktop applications, online applications could be ported to Mobile and Tab platform.  Thus opportunities are immense in this segment.  Any application addressed to customer service, sales, marketing, consumer behavior analysis, analytics has good scope irrespective of any number of competitive products. This market has bright future.

Internet Security.

In the coming one year we are going to witness Digital India through which efficient Internet bandwidth is going to be made available to lakhs of villages.  As the Internet infrastructure grow so the requirement for safe and secure management of such infrastructure. One may think about collaborating with existing security products to be offered in the market with supported maintenance.  This can be combined with Internet literacy offering to the users.

Social Computing and Analytics

The end users for these products are small companies to large corporations whoever have implemented intranet social computing infrastructure and/or Internet presence.

Some of the business ideas in Education & Training Sector:

  1. IT Skill development [Career centric technology training].  Market is inundated with training institutions whose primary focus is volume of business than the quality of content.  Thus if an organization can focus right curriculum with efficient faculty there is enough room for new comers.  Almost 70% of engineering graduates are failing the eligibility criteria in the technical aptitude and professional outlook.  This fact itself vindicates that the existing training and skilling infrastructure lacks right content and approach. This business idea works well in the future as government is looking to collaborate widely with private institutions under PPP model.
  2. Softskill & Leadership development [Govt. of India and Govt. of AP are coming up with special mission to train youth in softskill and leadership development].  This is one of the topmost priorities in India in the path of youth empowerment for employment or self employment.
  3. Multi vocational skill development unit inline with ITIs & Polytechnics. These are going to be in much demand in the coming years.
  4. Education (Professional education / coaching centers / Mentoring hubs )

Few other business ideas:

  1. Stainless Steel Fabrication, Furniture for domestic, commercial and industrial purposes.  Every furniture product should provide the benefits of aesthetics, space optimization, ergonomic advantages, multi-use and must come at affordable cost. Many of the home furniture items can be redesigned using SS, wood, aluminium, plastic or any other composite material.
  2. Trading in Modern Building material
  3. Industry specific help desk solutions
  4. Industry specific Customer Management solutions
The above are just indicative.  However, among other things every business opportunity at the outset has to be analysed considering (i) Promoter’s expertise (ii) Place of business (iii) Product / Service demand in the target areas (iv) Promoter’s equity (v) Government support; and (vi) Competition.
If you need any clarifications may please leave your comments.  I will attempt to answer to the extent possible.  However, if you need personal consulting the consulting fee shall be INR 1000/- [one time].  We don’t charge consulting fee for micro business setup, or students who come from humble background.
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Entrepreneurship and Business

Posted by on Aug 15, 2012 in Business, Self-employment, Start-up business | 2 comments

As a strategic consultant for Businesses, mostly for start up ventures, I would attend to around 50 enquiries a month. My experience with several such business enquiries since the last few years has been quite surprising and disappointing too. It is disappointing because most of the callers turn out to be specific to embark on to a business of their choice. The fundamentals of business set up like market evaluation, idea research, and the need for process documentation have never been felt to be important in their business pursuit.

As a matter of best practice, marketing capability should come as the first metric in analyzing the Business investment. The market capability means the readiness of the market to accept the product and the willingness on the part of the investor to wait for the results while continuing with the brand positioning efforts. This aspect is again the most ignored one.

business guide epmworld blog

Many of the callers query for a unique Business that is not present elsewhere. The pointer here is that it is very risky to start any such Business unless it pivots on the most unique, innovative and huge customer focused requirement. The other type of callers have been impulsive entrepreneurs who owing to situations like forced unemployment or recession led unemployment or with competitive spirit to prove oneself get on to business thought. Such an impulsive investment would only make them restless for return on investment besides placing them in piquant management situations leading to operational dysfunction and business loss at the end.  They don’t like to care for such possibility in the spur of the business thought.

Here again are other classes of callers who want to get into Business without moving from their home. Mostly they are housewives who want to utilize their leisure time to earn some business income. Such a possibility is remote unless the person becomes part of an ancillary network for a large marketing company or possesses unique skill set like arts, crafts, tutoring or culinary skills to earn home based income. However the thought of this category of callers is very genuine, but the mindset that they do not want to step out for neighborhood marketing or research or community service like activities – which truly will engage them in a productive activity – doesn’t realize their dream to become entrepreneurs.

This is a disappointing category of callers who have already invested huge sums on a given business idea and are on the edge of collapse. Like an emergency patient who should undergo an operation but doesn’t have money, these entrepreneurs ultimately would not be able to continue their venture for financial constraints [even with a small working capital to put their operations in course]. Neither would they have reached to a finished product level to raise project finance for marketing.

At the end I would find some 10% of the callers relevant for entrepreneurship. The above situations are the result of lack of entrepreneurship education or mentoring for aspirant ventures. Again this clearly shows the spirit of entrepreneurship among many people around us irrespective of the size of the business they would like to start off.

May be it is time to take up entrepreneurship education to community level through periodic workshops and micro loan melas and social enterprise support.

The knowledge dissemination in this context can happen through various Business Schools making their faculty and students as the supporting mentors. Entrepreneurship is the tool for employment generation. Thus it is essential to spread the awareness to increase the quality rate among the callers as above.

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The need for Entrepreneurship Education

Posted by on Sep 4, 2011 in Business, EPM World, Marketing, Branding, Self-employment, Start-up business | 0 comments

In my earliest posting I have cited several contributing factors to become a successful entrepreneur.

While starting a business is one side of a coin the other side is running it successfully duly strengthening the confidence of all stakeholders.  The top three problems faced by start-up entrepreneurs are mostly (a) marketing, (b) management and (c) working capital.  However, majority of entrepreneurs point their failure towards deficient financial resources or short working capital.  The creeping fact indeed would be mostly the failure in marketing.  Poor marketing and sales would create a vicious circle where poor sales results in piling stock in the warehouse, which in turn would make a dent on working capital leading to management confusion.

A good percentage of start-ups are initiated by first generation entrepreneurs who lack the knowledge or experience in the business processes or functional priorities in business.  Many don’t follow the business setup processes like:

  • Opportunity/Idea research: If not done it would result in inappropriate, unviable or bad business selection.  This would lead to obvious failure at the end.
  • Feasibility Study: If not done it could result in incorrect product / service selection for the target market, improper sales projections, wrong or deficient strategies to face competition and more.  The end result would obviously be either product failure or market failure.
  • Detailed Project Report / Business Plan: If not done it will not let you know the sequence of processes, actions required in the end-to-end implementation of project and the planning & strategy required to conduct business operations.  Besides, these documents would be highly essential in securing business loans, availing government support with respect to loans, and subsidies.  DPR and Business Plan are the mirror to the business / project and an entrepreneur should invariably get the same done and imbibe the contents for right implementation.  The documents should never be considered as a record alone if a true and transparent success in the project / business is to be achieved.
  • Project Management: This is related to the setting up of business or executing the project in a structured, disciplined, transparent and an accountable manner.  Project Management is important because if you don’t manage project effectively, you will find yourself at the negative end of the road.  The saying goes very clearly that when you don’t plan, you plan to fail.
  • Marketing Strategy: The sin in business is allowing the produce to remain in the warehouse than pushing it into the market.  How is it possible to market a product without right strategy that could tell you the means, resources, methods, and schedules to market your produce?  Hence, marketing strategy is highly essential for the very viability of business.
  • Financial Management: Financial resources i.e. money is every thing in the business.  Inadequate money or improper financial management will result in several failures.  This is especially difficult where the business procures secured or unsecured business loans which will need servicing of loan on time for peaceful running of business.  Many businesses will again misjudge the spending on CAPEX and Working Capital.  Going beyond the budgetary allocation for procurement of capital goods or high spending with poor negotiation power will result in drain of budgetary resources.  The effect would be a strain on working capital.
  • Induction of human resources and expertise: Team is everything.  Induction of quality team depends on right job description and right recruitment processes.  This plays a pivot role especially in the matter of senior management personnel.  This would always need professional consulting services and business should not go for just known resources or cheap resources to save money.
  • Communication management: This could be resolved through professional management processes and should not be ignored.  Right communication and interactions would create brand identity and corporate identity in the organization pervading transparency across the enterprise.
  • Collaborations & Partnership: Identification of partners who can complement the business abilities and requirements, proper negotiation of terms, clean exit plan and assessment of ROI on partnership are most important aspects which could be done only through right understanding of market.
  • Stakeholder Management, CRM: If the aspirations and expectations of stakeholders are not properly analyzed and right customer support system and Customer Relationship Management is not in place, it would result in customer dis-satisfaction and business erosion.
  • Return on Investment: Business should be directly related to the Return On Investment.  Having cash flow for some reasons may at times make you believe that business is doing well.  Professional assessment of return on investment is an important process and business must know the short-term and long-term returns to be received and investment recovery time lines in order to drive the business in right direction.

Several SSI and SME firms have a bad notion that businesses would not need such a strict rules to follow documentation or detailed processes as above.  That is the very cause of business failure.  Process and process quality is inevitable for business success.  There is no thing called ‘small’ or ‘big’ in the matter of ‘success’ or ‘failure’.  Both would have same bearing and would have same background in all likelihood.

The situation calls for professional education for entrepreneurs before they start their business.  Interested individuals can contact us for Start-up education or start-up services at any stage of their business progress.

http://www.blog.epmworld.in

http://www.twitter.com/epmworld_edc

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