Saturday, February 14, 2009

Remembering Lee Iacocca!!

Remember Lee Iacocca, the man who rescued Chrysler Corporation from its death throes? He's now 82 years old and has a new book, 'Where Have All The Leaders Gone?'.

Lee Iacocca Says:
'Am I the only guy in this country who's fed up with what's happening? Where the hell is our outrage? We should be screaming bloody murder! We've got a gang of clueless bozos steering our ship of state right over a cliff, we've got corporate gangsters stealing us blind, and we can't even clean up after a hurricane much less build a hybrid car. But instead of getting mad, everyone sits around and nods their heads when the politicians say, 'Stay the course.'

Stay the course? You've got to be kidding. This is America , not the damned, 'Titanic'. I'll give you a sound bite: 'Throw all the bums out!'

You might think I'm getting senile, that I've gone off my rocker, and maybe I have. But someone has to speak up. I hardly recognize this country anymore.

The most famous business leaders are not the innovators but the guys in handcuffs. While we're fiddling in Iraq , the Middle East is burning and nobody seems to know what to do. And the press is waving 'pom-poms' instead of asking hard questions. That's not the promise of the ' America ' my parents and yours traveled across the ocean for. I've had enough. How about you?

I'll go a step further. You can't call yourself a patriot if you're not outraged. This is a fight I'm ready and willing to have. The Biggest 'C' is Crisis! (Iacocca elaborates on nine C's of leadership, with crisis being the first.)
Leaders are made, not born. Leadership is forged in times of crisis. It's easy to sit there with your feet up on the desk and talk theory. Or send someone else's kids off to war when you've never seen a battlefield yourself. It's another thing to lead when your world comes tumbling down.

On September 11, 2001, we needed a strong leader more than any other time in our history. We needed a steady hand to guide us out of the ashes. A hell of a mess, so here's where we stand.

We're immersed in a bloody war with no plan for winning and no plan for leaving.
We're running the biggest deficit in the history of the country.
We're losing the manufacturing edge to Asia , while our once-great companies are getting slaughtered by health care costs.
Gas prices are skyrocketing, and nobody in power has a coherent energy policy. Our schools are in trouble.
Our borders are like sieves.
The middle class is being squeezed every which way.
These are times that cry out for leadership.

But when you look around, you've got to ask: 'Where have all the leaders gone?' Where are the curious, creative communicators? Where are the people of character, courage, conviction, omnipotence, and common sense? I may be a sucker for alliteration, but I think you get the point.

Name me a leader who has a better idea for homeland security than making us take off our shoes in airports and throw away our shampoo?

We've spent billions of dollars building a huge new bureaucracy, and all we know how to do is react to things that have already happened.

Name me one leader who emerged from the crisis of Hurricane Katrina. Congress has yet to spend a single day evaluating the response to the hurricane or demanding accountability for the decisions that were made in the crucial hours after the storm.

Everyone's hunkering down, fingers crossed, hoping it doesn't happen again. Now, that's just crazy. Storms happen. Deal with it. Make a plan. Figure out what you're going to do the next time.

Name me an industry leader who is thinking creatively about how we can restore our competitive edge in manufacturing. Who would have believed that there could ever be a time when 'The Big Three' referred to Japanese car companies? How did this happen, and more important, what are we going to do about it?

Name me a government leader who can articulate a plan for paying down the debit, or solving the energy crisis, or managing the health care problem. The silence is deafening. But these are the crises that are eating away at our country and milking the middle class dry.

I have news for the gang in Congress. We didn't elect you to sit on your asses and do nothing and remain silent while our democracy is being hijacked and our greatness is being replaced with mediocrity. What is everybody so afraid of? That some bonehead on Fox News will call them a name? Give me a break. Why don't you guys show some spine for a change?

Had Enough? Hey, I'm not trying to be the voice of gloom and doom here. I'm trying to light a fire. I'm speaking out because I have hope - I believe in America . In my lifetime, I've had the privilege of living through some of America 's greatest moments. I've also experienced some of our worst crises: The 'Great Depression,' 'World War II,' the 'Korean War,' the 'Kennedy Assassination,' the 'Vietnam War,' the 1970's oil crisis, and the struggles of recent years culminating with 9/11.

If I've learned one thing, it's this: 'You don't get anywhere by standing on the sidelines waiting for somebody else to take action. Whether it's building a better car or building a better future for our children, we all have a role to play. That's the challenge I'm raising in this book. It's a "Call to Action" for people who, like me, believe in America '. It's not too late, but it's getting pretty close. So let's shake off the crap and go to work. Let's tell 'em all we've had 'enough.'

Make your own contribution by sending this to everyone you know and care about. It's our country, folks, and it's our future. Our future is at stake!!

Friday, September 19, 2008

Ratan Tata's words of inspiration!!

On courage: I am, unfortunately, a person who has often said: You put a gun to my head and pull the trigger or take the gun away, I won't move my head.

On successful people: I admire people who are very successful. But if that success has been achieved through too much ruthlessness, then I may admire that person, but I can't respect him.

On leadership: It is easy to become a number one player, but it is difficult to remain number one. So, we will have to fight with a view to remain number one.

On Nano: This project (the Nano) has proven to everyone that if you really set yourself to doing something, you actually can do it.

On the need to think big: We have been. . . thinking small. And if we look around us, countries like China have grown so much by thinking big. I would urge that we all, in the coming years, think big, think of doing things not in small increments, not in small deltas, but seemingly impossible things. But nothing is impossible if you really set out to do so. And we act boldly. Because it is this thinking big and acting boldly that will move India up in a manner different from where it is today.

On risk: Risk is a necessary part of business philosophy. You can be risk-averse and take no risks, in which case you will have a certain trajectory in terms of your growth. Or you can, while being prudent, take greater risk in order to grow faster.

On risk: I view risk as an ability to be where no one has been before. I view risk to be an issue of thinking big, something we did not do previously. We did everything in small increments so we always lagged behind. But the crucial question is: can we venture putting a man on the moon or risk billions of rupees on a really way-out, advanced project in, say, superconductors? Do you restrict your risk to something close to your heart?

Wednesday, July 2, 2008

How Can I stop Telemarketers to stop callling!!

Telemarketers can be quite a pain at times. However, if you have always wanted to avoid such phone calls but never knew what to say or do, read on. In this article, we tell you how to get telemarketers to stop calling.

· If available, it is always advisable to check the caller ID. If it is some number which you do not recognize, then it might be a telemarketer. But, on the contrary it can be your friend or family member who might be calling from another phone, so be cautious about it.
· Another way of avoiding such calls is after answering the phone, if you feel that you do not know the person on the other side of the phone, say a simple sorry and hang up. You can also say something like - "Sorry, but I do not accept telephone solicitations at this number."
· Make sure you find out the name of the company that the marketer is calling from. Some of the telemarketers will just give you their name when asked who is calling. If the caller acts smart, simply ask which organization he/ she is calling from.
· After you have successfully got the name of the organization, request immediately that you be placed on the particular company's ‘Do not call list’.
· Jot down or save the number of the company that had called you. This will remind you that you have already asked the company to stop calling you if they call you again.
· Simply hang up! Yes, this is rude, but sometimes you need to be a little rude to make them understand.

Tips

· If you do not have any interest in the product they are trying to sell, say so directly instead of wasting anyone's time.
· Be fast and precise to ask them to add you in their 'Do not call' list. Some marketers are pretty clever and will hang up as soon as they sense what you are trying to say.
· Simply saying something like - "No, thank you, I would not like to buy the product" will work sometimes but be firm in whatever you say.
· If you have voice message activated, then, perhaps you can record something like - "If you are a telemarketer or a business organization trying to sell anything, please put me on your 'Do not call' list. Thank you."
· Lastly, try not to make personal attacks on anyone. Please remember, that those telemarketers are people too who are trying to make a living like you.

Wednesday, May 28, 2008

Become What You Want to Be!!

Let me tell you about a little girl who was born into a very poor family in a shack in the Backwoods of Tennessee. She was the 20th of 22 children, prematurely born and frail. Her survival was doubtful. When she was four years old she had double pneumonia and scarlet fever - a deadly combination that left her with a paralyzed and useless left leg. She had to wear an iron leg brace. Yet she was fortunate in having a mother who encouraged her.

Well, this mother told her little girl, who was very bright, that despite the brace and leg, she could do whatever she wanted to do with her life. She told her that all she needed to do was to have faith, persistence, courage and indomitable spirit.

So at nine years of age, the little girl removed the leg brace, and she took the step the doctors told her she would never take normally. In four years, she developed a rhythmic stride, which was a medical wonder. Then this girl got the notion, the incredible notion that she would like to be the world's greatest woman runner. Now, what could she mean - be a runner with a leg like that?

At age 13, she entered a race. She came in last - way-way last. She entered every race in high school, and in every race, she came in last. Everyone begged her quit! However, one day, she came in next to last. Then there came a day when she won a race. From then on, Wilma Rudolph won every race that she entered.

Wilma went to Tennessee State University, where she met a coach named Ed Temple. Coach Temple saw the indomitable spirit of the girl, that she was a believer and that she had great natural talent. He trained her so well that she went to the Olympic Games.

There she was pitted against the greatest woman runner of the day, a German girl named Jutta Heine. Nobody had ever beaten Jutta. But in the 100-meter dash, Wilma Rudolph won. She beat Jutta again in the 200-meters. Now Wilma had two Olimpic gold medals.

Finally came the 400-meter relay. It would be Wilma against Jutta once again. The first two runners on Wilma's team made perfect handoffs with the baton. But when the third runner handed the baton to Wilma, she was so excited she dropped it, and Wilma saw Jutta taking off down the track. It was impossible that anybody could catch this fleet and nimble girl. But Wilma did just that! Wilma Rudolph had earned three Olympic gold medals.

Saturday, May 24, 2008

Who are Entrepreneurs?

There are many people that call themselves entrepreneurs these days, but very few actually are.

I think a real entrepreneur is someone that has the drive and motivation within themselves to realize their vision.

Some people who call themselves 'entrepreneurs' think that business is all about making money, but really, it's not the amount of money you have that is important, it's what you do with the money you have.

I also think real entrepreneurs do not just go and risk everything. They take calculated risks after identifying real opportunities.

In today's world of analysis we always look for reasons why people are successful, whether it's as an entrepreneur, corporate leader, sports person etc.

The fact of the matter is that regardless of the career path people take, their own success and future is defined by having the skills to see and exploit the opportunities in front of them, whilst the rest of the world see it as risky or crazy.

Regardless of whether you are in the UK, India or Tanzania, it is your inner drive, belief, passion, hard work and sheer determination to succeed that makes a good entrepreneur.

That said, corporate skills such as business acumen, commercial awareness and the ability to articulate a vision and strategy are also required. The difference however is that in the business world you are paid to develop these skills, as an entrepreneur you employ or develop these skills to pay yourself.

It's not about being lucky either, because a golfer once said "The more I play, the luckier I get". It's the same in business, which is an art that can be perfected.

Personally, I am not driven by money itself, but instead by the positive change I bring to people's lives. In the end, money is just a tool to help in trade. The trade itself is more important.

I'm inspired by many people in my life, but mainly its people who have actually proved that they can make a success of themselves, like Richard Branson and James Dyson. I love to see people who are out there fulfilling what they do best.

I can't wait for the time when I myself will identify a real opportunity and have the chance to turn it into the biggest success I possibly can. I'm full of ideas, but I'm just waiting to find that truly viable one which shall change the world!

Thursday, May 1, 2008

A Crorepati who lives in a hut::An inspiration

His story is an inspiration for millions. A self-made entrepreneur, his mission is to help the poor through job creation. E Sarathbabu hit the headlines after he rejected several high profile job offers from various MNCs after he passed out of IIM, Ahmedabad two years ago.

He instead started a catering business of his own, inspired by his mother who once sold idlis on the pavements of Chennai, worked as an ayah in an Anganvadi to educate him and his siblings. As a child, he also sold idlis in the slum where he lived. "We talk about India shining and India growing, but we should ensure that people do not die of hunger. We can be a developed country but we should not leave the poor people behind. I am worried for them because I know what hunger is and I still remember the days I was hungry," says Sarathbabu.

In August 2006, Sarathbabu's entrepreneurial dream came true with Foodking. He had no personal ambition but wanted to buy a house and a car for his mother. He has bought a car but is yet to buy a house for his mother. The "foodking" still lives in the same hut in Madipakkam in Chennai. Today, Foodking has six units and 200 employees, and the turnover of the company is Rs.32 lakh a month. But it has not been a bed of roses for Sarathbabu. After struggling and making losses in the first year, he managed a turnaround in 2007.

How has his experience as a 'Foodking' been in the last two years? Sarathbabu shares the trial and tribulations of an exciting and challenging job in an interview.

A tough beginning
As I am a first generation entrepreneur, the first year was very challenging. I had a loan of Rs 20 lakh by the end of first year. I had no experience in handling people in business, and it was difficult to identify the right people. Though I made losses in the first year, not even once did I regret my decision of not accepting the offers from MNCs and starting an enterprise of my own. I looked at my losses as a learning experience. I was confident that I would be successful one day.

Sleeping on the railway platform
My first unit was at IIM, Ahmedabad. When we started our second unit in October 2006, I thought now I would start making money. But I made losses of around Rs 2000 a day. A first generation entrepreneur cannot afford such a loss. But I worked really hard, working till 3 a.m. in the morning. What reduced my losses were the birthday party offers.

I started the third unit again in Ahmedabad but it also made losses. All my units were cafeteria and I understood then that the small cafeterias do not work; I needed huge volumes to work. My friends who were extremely supportive in the first year when things were difficult for me. I had taken loans from my IIM-A friends. They were earning very well.

In December 2006, an IIM Ahmedabad alumni event took place in Mumbai and I decided to go there mainly to get a contract. I was hopeful of getting it. I also knew that if I got the huge contract, I would come out of all the losses I had been incurring.

I booked my train ticket from Ahmedabad to Mumbai for Rs 300 and I had Rs 200 in my hand. As the meet went on till late at night, I could reach the station only at midnight. I missed the train. I decided to sit on the platform till the morning and travel by the next train in the morning. I didn't have the money to check into a hotel. I didn't want to disturb any of my friends so late at night.

It was an unforgettable night as I was even shoved off by policemen from the platform. It was quite insulting and embarrassing. After two hours, people started moving in, I also went in.

A man who sat next to me on the platform gave me a newspaper so that I could sleep. I spread the newspaper and slept on the platform! I sleep well. I got my ticket refund in the morning and went back to Ahmedabad. And, luck did not favour me, I didn't get the contract.

In March 2007, I got an offer to start a unit at BITS, Pilani (Sarathbabu was an alumnus of BITS, Pilani). That was the first medium break for me. For the first time, I started making profits there though the other units continued to make losses. The reason for our success at BITS, Pilani was the volume; there were more students and there was a need for a unit like ours while in Ahmedabad, they have at least a hundred options.

If I made Rs 5000 a day at Ahmedabad in two shifts, here I made Rs 15,000 a day. BITS, Pilani unit gave me the confidence to move on. Unless you make money, you can't be confident in busines.

When all my friends who worked for various MNCs made good money every month and I made losses with my venture. But I kept telling myself, I am moving in the right direction to reach my ambition and vision. My dream was to provide employment and I was doing just that. I continued to work till 3 a.m. but I never felt tired.

Through BITS, Pilani, I got the BITS, Goa contract and that was the biggest break for me. It was not a cafeteria like the earlier ones but the dining hall that we got. We had to feed 1300 students. We started our operations in July 2007. At Rs 50, for 1300 students, our sales was Rs 65,000 per day. We soon started making a profit of Rs 10 to 15,000 a day. Around 60 to 70 people work there. I gave the charge of the Ahmedabad operations to one of my managers and moved to Goa.

I was still in debt by Rs 15-20 lakhs but I knew BITS, Goa would keep my dream alive. Within six months of starting our operations in Goa, I repaid all my debt.

I was called to give a speech at the SRM Deemed University. After the speech, I asked the Chancellor, can you give me an opportunity to serve in your campus?� He said, "If not you, to whom will I give such an opportunity?" It's a food court but a big one, similar to the one at BITS, Pilani. There are around 17,000 students there.

Now, I have the BITS, Hyderabad contract, ready to start in July 2008. Other than the six units, I have approached a few more universities and corporate houses too. In the first year, I had made a loss of Rs 25 lakh. Right now, we have a turnover of Rs 32 lakh every month, which works out to 3.5 crore (Rs 35 million) a year.

I have hired about 200 people. Indirectly, we touch the lives of around 1000 people. By this year end, we will have 500 people working for us. Only 10% of my workers are educated, the rest are uneducated. I want to make a change in their lives. If they have any problem, I will take care of it. We support the marriages and education of poor families. We are paying more to the employees as the company is doing well. Now that the foundation is strong, I plan to have ten units and a turnover of Rs 20 crore (Rs 200 million) turnover by next year.

His advice: Never give up!
In the last two years, I have given more than 120 lectures in various institutions in India. When I got the first opportunity to speak, I thought God had given me an opportunity to encourage or inspire entrepreneurs. When youngsters tell me they are inspired, I feel good.

When you just dish out the theory, nobody believes you. But when you do it, they believe you. What I tell them is based on my own experiences.

When I thought of starting a company, I felt India needed 100 people like Narayana Murthy and Ambani. If 100 such people support 2 lakh people each, imagine how many Indians get supported.

Entrepreneurship is needed to uplift the poor. It is not easy to be an entrepreneur, especially a first generation entrepreneur.

There will be lots of challenges in the beginning but you should learn to look for the light at the end of the tunnel.

Never give up even if there are hurdles. There are many who give up within a week.

You need determination and a tough mind to cross the initial hurdles.

If you are starting without much money, you should not have any overhead expenses.

He still lives in the same hut
As I am in the food business, I know how much the price of every food item has gone up. Many people will languish in poverty because of inflation. Had my mother been working as an Anganvadi ayah today and earning Rs 1500, she would not have been able to feed us and educate us.

On the one side, we talk about India shining and India growing, but we should ensure that people do not die of hunger. We can be a developed country but we should not leave the poor people behind. I am worried for them because I know what hunger is and I still remember the days I was hungry. That is why I feel it is our responsibility to take care of them.

I wanted to buy a car and a house for my mother. I bought a car first, not a house. I still live in the same house, the same hut. I can build a house right now but I want my business to grow a little more. I feel good in the hut; that�s where I get my energy, that's where I lived 25 years of my life. I want to remind myself that the money and fame should not take me away from what I want to achieve.

But within six months, I will build a good house for my mother. Her only advice to me is, don't waste money.
Till I was in the 10th, there was no electricity in my house. I had to sit near the kerosene lamp and concentrate hard. That's how I learnt to concentrate.

The two year journey has been very enriching. It seems like a 20-year journey for me. I was living every moment of the two years, from sleeping on the Mumbai railway station platform to this level.

Wednesday, April 30, 2008

An interesting conversation between A.P.J.Abdul Kalam and his Professor!!

An atheist professor of philosophy speaks to his class on the problem science has with God, The Almighty.

He asks one of his new students to stand and .....

Prof: So you believe in God?
Student: Absolutely, sir.

Prof: Is God good?
Student: Sure.

Prof: Is God all-powerful?
Student: Yes.

Prof: My brother died of cancer even though he prayed to God to heal him.
Most of us would attempt to help others who are ill. But God didn't. How is this God good then? Hmm?

(Student is silent.)

Prof: You can't answer, can you? Let's start again, young fellow. Is God good?
Student: Yes.

Prof: Is Satan good?
Student: No.

Prof: Where does Satan come from?
Student: From...God...

Prof: That's right. Tell me son, is there evil in this world?
Student: Yes.

Prof: Evil is everywhere, isn't it? And God did make everything.Correct?
Student: Yes.

Prof: So who created evil?
Student does not answer.

Prof: Is there sickness? Immorality? Hatred? Ugliness? All these terrible things exist in the world, don't they?
Student: Yes, sir.

Prof: So, who created them?
Student has no answer.

Prof: Science says you have 5 senses you use to identify and observe the world around you. Tell me, son...Have you ever seen God?
Student: No, sir.

Prof: Tell us if you have ever heard your God?
Student: No, sir.

Prof: Have you ever felt your God, tasted your God, smelt your God? Have you ever had any sensory perception of God for that matter?
Student: No, sir. I'm afraid I haven't.

Prof: Yet you still believe in Him?
Student: Yes.

Prof: According to empirical, testable, demonstrable protocol, science says your GOD doesn't exist. What do you say to that, son?
Student: Nothing. I only have my faith.

Prof: Yes. Faith. And that is the problem science has.
Student: Professor, is there such a thing as heat?

Prof: Yes.
Student: And is there such a thing as cold?

Prof: Yes.
Student: No sir. There isn't.

(The lecture theatre becomes very quiet with this turn of events.)

Student: Sir, you can have lots of heat, even more heat, superheat, mega heat, white heat, a little heat or no heat. But we don't have anything called cold. We can hit 458 degrees below zero which is no heat, but we can't go any further after that. There is no such thing as cold. Cold is only a word we use to describe the absence of heat. We cannot measure cold. Heat is energy. Cold is not the opposite of heat, sir, just the absence of it.

(There is pin-drop silence in the lecture theatre.)

Student: What about darkness, Professor? Is there such a thing as darkness?
Prof: Yes. What is night if there isn't darkness?

Student: You're wrong again, sir. Darkness is the absence of something. You can have low light, normal light, bright light, flashing light....But if you have no light constantly, you have
nothing and it's called darkness, isn't it? In reality, darkness isn't. If it were you would be able to make darkness darker, wouldn't you?
Prof: So what is the point you are making, young man?

Student: Sir, my point is your philosophical premise is flawed.
Prof: Flawed? Can you explain how?

Student: Sir, you are working on the premise of duality. You argue there is life and then there is death, a good God and a bad God. You are viewing the concept of God as something finite, something we can measure. Sir, science can't even explain a thought. It uses electricity and magnetism, but has never seen, much less fully understood either one. To view death as the opposite of life is to be ignorant of the fact that death cannot exist as a substantive thing. Death is not the opposite of life: just the absence of it. Now tell me, Professor. Do you teach your students that they evolved from a monkey?
Prof: If you are referring to the natural evolutionary process, yes, of course, I do.

Student: Have you ever observed evolution with your own eyes, sir?
(The Professor shakes his head with a smile, beginning to realize where the argument is going.)

Student: Since no one has ever observed the process of evolution at work and cannot even prove that this process is an on-going endeavor, are you not teaching your opinion, sir? Are you not a
scientist but a preacher? (The class is in uproar.)

Student: Is there anyone in the class who has ever seen the Professor's brain? (The class breaks out into laughter.)

Student: Is there anyone here who has ever heard the Professor's brain, felt it, touched or smelt it? No one appears to have done so. So, according to the established rules of empirical, stable, demonstrable protocol, science says that you have no brain, sir. With all due respect, sir, how do we then trust your lectures, sir?

(The room is silent. The professor stares at the student, his face unfathomable.)

Prof: I guess you'll have to take them on faith, son.
Student: That is it sir... The link between man & god is FAITH. That is all that keeps things moving & alive.

WANT TO KNOW WHO THAT STUDENT WAS

NB: I believe you have enjoyed the conversation...and if so...you'll probably want your friends/colleagues to enjoy the same...won't you? So do forward them to increase their knowledge... this is a true story, and the student was none other than......... APJ Abdul Kalam