Showing posts with label business. Show all posts
Showing posts with label business. Show all posts

Business - Experience and Cash

Starting a Business - Training Session One

Starting a Business

1. The First Step..
• Ask a lot questions to yourself
• Do a Self Introspection and Self Assessment

2. Do a Self Assessment & Introspect
• What are your talents?
• What do you like to do?
• What experience do you have?
• What are your interests?
• Do you have managerial skills?
• Are you a decision-maker?
• What is your energy level?
• Are you a self-starter?
• Are you self motivated?

3. What other Questions should you ask?
• Are you Prepared?
• Are you Prepared in terms of the hard work, long hours, long days
• Do you have a network of people around you to support you

4. Do this Market Research
1. Do you have clarity of your Business Idea?
2. Is there a need for your business idea?
3. Is there a gap in the market? Or Is there a market in the gap?
4. Who is the competition?
5. What can you do better than your competition?
6. Who is your customer?
7. Are there legal restrictions?
8. Where will you locate the business?
9. Will you need financing?
10. What legal form of operation should you choose?

5. Also Research for these questions
1. How much money will you need (start-up and on-going)?
2. What are the employee needs?
3. What price will you charge?
4. How will you locate your suppliers?
5. What will your equipment needs be?
6. Can you make money with your idea?
7. Can you make a living from this business?
8. What type of records do you need to keep?
9. Who can help you get started?
10. Can you envision you business idea in action?

6. Have you considered the Risks?
• The Financial factor
• The Time allocation for the business
• Is it viable – workable
• How will you survive and how will the basic day to day needs be taken care of you and your family
• Consider the worst that can happen after you start

7. Plan you Business
• When will you launch your business – the dates?
• Where do you want your business to go?
• Where should your business be in next three years?
• And what are the steps you will take to be there?

8. What is your Goal?
• What should happen in terms of:
• Growth
• Income
• Turnover
• Profits
• Write it down – NOW
• This is your Real Goal

9. Share your Business Plan
• Talk to your near and dear ones – Family, Friends, Network anyone and everyone you know
• Get Ideas
• Brainstorm
• Talk about your PLAN
• Take Feedback
• Learn from others sharing their experience’s

10. This is your Business Plan
• You need not be a MBA or a CA to make a Business plan
• It will be your Story
• Your Passion
• Your Future
• Your Numbers
• So Start Planning

11. Important is Writing it Down
• “People do not plan to fail, they fail to plan”
• Take a Book and a Pen and start writing down all the ideas that come to your mind to achieve your Goal
• It need not be structured at this point
• Important is to get going than getting it right

12. What Next….?
• First complete all the step mentioned in this Session 1
• Work and Share it
• Think about it
• Analyze it
• Wish you all the best to Fly High.. To make your dreams come true.

13. Knowing is Knowing, Doing is Doing, Knowing and Doing are two different things

14. Disclaimer This material is for Learning purpose only. Every effort has been made to ensure that this material is free from error or problems. This is with an understanding that though I’ve worked hard and long to provide accurate information, I can’t take any responsibility for loss or action to any individual or corporation acting, or not acting, as a result of the material presented here. This is the personal work of Shabbar Suterwala’s Leaders Workshop. If you would like more information on this material or any other book, presentation, workshop by Shabbar Suterwala or Leaders Workshop please call +91-9892225864 or email: shabbarsuterwala@hotmail.com

Business Leaders - Quote Unquote

Business Leaders - Presentation Transcript

1. Business Leaders "Quote, Unquote" Presented by Shabbar Suterwala

2. N.R.Narayana Murthy, Chairman, Infosys Technologies Ltd "I'm a capitalist in mind, a socialist at heart."

3. K V Kamath, CEO of ICICI “To build a successful business, you have to be able to pick entrepreneurs very early and get them embedded into the business. They need to go out into the ecosystem, demonstrate their abilities, nurture the business and build it up.”

4. Azim Premji, Chairman and Managing Director, Wipro Corporation "We give people major responsibilities even if they are only 60 per cent ready. Our experience is that people are pretty elastic when you give them responsibility, and they just grow rapidly with the job."

5. Lakshmi Mittal, Chairman & CEO of Mittal Steel Company “Everyone experiences tough times, it is a measure of your determination and dedication how you deal with them and how you can come through them.”

6. J. J. Irani, Director of Tata Sons, “To be a leader you need two attributes: the environment and training. Equally important is recognition of the fact that this is an opportunity and one has to grab it.”

7. Bhaskar Bhat, Managing Director of Titan, "Unless you show extraordinary performance in your journey to being a good leader and prove your managerial capability, organisations don't throw you up into leadership positions."

8. Bill Gates, Chairman and Chief Software Architect of Microsoft Corporation “Your most unhappy customers are your greatest source of learning.” “Success is a lousy teacher. It seduces smart people into thinking they can't lose.”

9. George Soros, Chairman of Soros Fund Management LLC “Well, you know, I was a human being before I became a businessman.”

10. Henry Ford, Founder of Ford Motor Company “If there is any one secret of success, it lies in the ability to get the other person's point of view and see things from that person's angle as well as from your own.” “A market is never saturated with a good product, but it is very quickly saturated with a bad one.” “Failure is the opportunity to begin again, more intelligently.”

11. Larry Page, Co-founder and President of products at Google “You don't need to have a 100-person company to develop that idea.”

12. Thomas Edison, Inventor “Genius is 1% inspiration and 99% perspiration. Accordingly a genius is often merely a talented person who has done all of his or her homework.”

13. Richard Branson, Founder of the Virgin group “I wanted to be an editor or a journalist, I wasn't really interested in being an entrepreneur, but I soon found I had to become an entrepreneur in order to keep my magazine going.”

14. Ray Kroc, Founder of McDonald's Corporation “Luck is a dividend of sweat. The more you sweat, the luckier you get.” “It's easy to have principles when you're rich. The important thing is to have principles when you're poor.”

15. Peter Drucker, writer, management consultant and university professor “Some of the best business and nonprofit CEOs I've worked with over a sixty-five- year consulting career were not stereotypical leaders. They were all over the map in terms of their personalities, attitudes, values, strengths, and weaknesses.” “Executives owe it to the organisation and to their fellow workers not to tolerate nonperforming individuals in important jobs.”

16. Li Ka Shing, Chairman of Cheung Kong Holdings “The future may be made up of many factors but where it truly lies is in the hearts and minds of men. Your dedication should not be confined for your own gain, but unleashes your passion for our beloved country as well as for the integrity and humanity of mankind.”

7 Laws of the Power of Intention from - Dr.Wayne Dyer

7 Laws of the "Power of Intention" from Dr. Wayne Dyer

Dr. Wayne Dyer's in his book, The Power of Intention gave laws that defined the powers of intention as he saw it. Here is my interpretation of these laws that Dr. Dyer outlined.

1. The first law of intention is to recognize the face of creativity. Creativity in business is really about innovation and creating something from nothing using the power of your mind. Creativity is in you, whether you believe me or not.

2. The face of kindness is next. Any great power that can bring energy and thought into physical form must come out of kindness. In business,this is manifested with the power of positive thinking and an intent to do good. The law of reciprocity can only reward kind intentions.

3. The face of love conquers all, even in business. Think of this power of intention as the face of kindness exponentiation with the emotion of love. When you intend for your clients, vendors, employees and investors to grow and couple that with a lack of judgement, hate, anger or resentment -- more of what you want or desire in the business
relationship can manifest itself without impediment.

4. The face of beauty is truth, honesty and a knowing that what "is" -- is exactly as it should be. You can use this power by re-framing any negative thoughts you have towards others and replace them with an appreciate (a thankfulness attitude) towards them.

5. The face of expansion is next. This is the law and the power of spirit to help you expand your awareness of what is possible in your business life. Be open to the "knowings" that you have always had inside you that have quietly been guiding you. Listen to them. Whatever you think about expands and it is natural to expand. To deny this truth is to deny a part of your purpose here on Earth.

6. The face of unlimited abundance is one of my favorite laws that works in the power of intention or attraction. You were probably taught all of your life about limitations and about what is "not possible." Fortunately, this came from well-meaning people who believed in limitation and not abundance. This law does not require you to be intellectually perfect in order to receive the benefits. Believing in unlimited abundance has no downside, so why not take another look at your business life after you answer this question, "What if I could have it all?"

7. Lastly, the face of receptivity. The universal laws of intention are open to everyone and without any judgement. Consider the application of this principle is really about believing in yourself and your ability to be open to unlimited possibilities. Banish your doubts. Focus only on your positive intentions towards others and yourself to tap into this energy.

The Seven Laws of the "Power of Intention" from Dr. Wayne Dyer

Dr. Wayne Dyer's in his book, The Power of Intention gave laws that defined the powers of intention as he saw it. Here is my interpretation of these laws that Dr. Dyer outlined.

1. The first law of intention is to recognize the face of creativity. Creativity in business is really about innovation and creating something from nothing using the power of your mind. Creativity is in you, whether you believe me or not.

2. The face of kindness is next. Any great power that can bring energy and thought into physical form must come out of kindness. In business,this is manifested with the power of positive thinking and an intent to do good. The law of reciprocity can only reward kind intentions.

3. The face of love conquers all, even in business. Think of this power of intention as the face of kindness exponentiation with the emotion of love. When you intend for your clients, vendors, employees and investors to grow and couple that with a lack of judgement, hate, anger or resentment -- more of what you want or desire in the business relationship can manifest itself without impediment.

4. The face of beauty is truth, honesty and a knowing that what "is" -- is exactly as it should be. You can use this power by re-framing any negative thoughts you have towards others and replace them with an appreciate (a thankfulness attitude) towards them.

5. The face of expansion is next. This is the law and the power of spirit to help you expand your awareness of what is possible in your business life. Be open to the "knowings" that you have always had inside you that have quietly been guiding you. Listen to them. Whatever you think about expands and it is natural to expand. To deny this truth is to deny a part of your purpose here on Earth.

6. The face of unlimited abundance is one of my favorite laws that works in the power of intention or attraction. You were probably taught all of your life about limitations and about what is "not possible." Fortunately, this came from well-meaning people who believed in limitation and not abundance. This law does not require you to be intellectually perfect in order to receive the benefits. Believing in unlimited abundance has no downside, so why not take another look at your business life after you answer this question, "What if I could have it all?"

7. Lastly, the face of receptivity. The universal laws of intention are open to everyone and without any judgement. Consider the application of this principle is really about believing in yourself and your ability to be open to unlimited possibilities. Banish your doubts. Focus only on your positive intentions towards others and yourself to tap into this energy.

Facts of Life

We convince ourselves that life will be better after we get married, have a baby, then another. Then we are frustrated that the kids aren't old enough and we'll be more content when they are. After that we're frustrated that we have teenagers to deal with. We will certainly be happy when they are out of that stage. We tell ourselves that our life will be complete when our spouse gets his or her act together, when we get a nicer car, are able to go on a nice vacation, when we retire.
The truth is, there's no better time to be happy than right now. If not now, when? Your life will always be filled with challenges. It's best to admit this to yourself and decide to be happy anyway.

One of my favorite quotes comes from Alfred D Souza. He said, "For a long time it had seemed to me that life was about to begin - real life. But there was always some obstacle in the way, something to be gotten through first, some unfinished business, time still to be served, a debt to be paid. Then life would begin. At last it dawned on me that these obstacles were my life."

This perspective has helped me to see that there is no way to happiness. Happiness is the way. So, treasure every moment that you have. And treasure it more because you shared it with someone special, special enough to spend your time...and remember that time waits for no one.

So stop waiting until you finish school, until you go back to school, until you lose ten pounds, until you gain ten pounds, until you have kids, until your kids leave the house, until you start work, until you retire, until you get married, until you get divorced, until Friday night, until Sunday morning, until you get a new car or home, until your car or home is paid off, until spring, until summer, until fall, until winter, until you are off welfare, until the first or fifteenth, until your song comes on, until you've had a drink, until you've sobered up, until you die, until you are born again to decide that there is no better time than right now to be happy...

Happiness is a journey, not a destination.
So People Search for Happiness and not money.

Thought for the day: "Work like you don't need money, Love like you've never been hurt, And dance like no one's watching."

Training Tips for Trainers

Training Tips for Trainers

1. First and most Important - Be ready to Learn.

2. Be thoroughly prepared. Back-up activities, back-up agenda, back-up of props and exercises.
3.
Be flexible. The unexpected can be your greatest challenge.

4. Do not carry your EGO to the training.

5. Do not teach or Preach but share personal stories that are true and make a point.

6. Ask Good questions to get Good Answers that will help learning and reflection.

7. Anticipate resistance, deviations, and mistakes. How you handle these impacts the whole day and are usually where the learning takes place.

8. Take a Pause. After an activity or a de-brief, allow your participants to think and reflect.

9. You do not Solve Problems – but facilitate to Help participants come to their own solutions.

10. Be Creative and have combination of Activity, Role Plays, and Group Discussion in the training program.

11. Involve all the participants and make the training Interactive. You create the learning experience ---- and then step back.

12. Be Enthusiastic and Lively if you want your participants to be so.


13. Practice what you Preach (if you are preaching… anyways..!!!)

Shabbar Suterwala
Corporate Softskills Trainer

Contact Details:
Shabbar Suterwala's Leaders Workshop
B/303, Mandsaur CHS,
Kokani Pada, Kurar Village,
Malad (East), Mumbai 400 097

Ph: 022 28423326
Mb: +91 989 222 5864
Email: LeadersWorkshop@mtnl.net.in, shabbarsuterwala@hotmail.com
Join us at: http://finance.groups.yahoo.com/group/LeadersWorkshop