Archive for the ‘Observations and Analysis’ Category
Why cream biscuits cost 5 INR a packet?

Why cream biscuits cost 5 INR a packet?

What is the factor that drives the increase in the price of a product? The first point would be the costs of production, which further depends upon raw material, manufacturing process, packaging, transport, etc. All these factors often, not necessarily, get costlier with the passage of time. A product that has been doing well... 

Should Entrepreneurs value customer care services

Should Entrepreneurs value customer care services

Customer care always plays a very important role in a company’s success and for entrepreneurs, every successful step builds the confidence to succeed further. An old age and almost clichéd sentence reads: “customers are money”. Though this remains true as always, customer care is never valued by many companies to make... 

7 Entrepreneurial opportunities with sports events

7 Entrepreneurial opportunities with sports events

Games! Sports! They are enjoyment-filled, excitement-ridden and adrenaline-thumping…go to various parts of this globe, and sporting events would bring a smile on anybody’s face. The recently concluded FIFA World Cup had almost the whole world stuck to the scoreline and of course the strange-phenomenon of Paul, the Octopus... 

8 products that became almost obsolete in our life-time

8 products that became almost obsolete in our life-time

When it comes to change, wise men think that it is the only constant—in the world of perpetual alteration, there is nothing that remains same. Yet, this nature of changing is the only constant. Law of Conservation of Energy states that the energy of the universe remains constant, though it may change from one form to another. ... 

5 Entrepreneurial ideas around packaged liquids

5 Entrepreneurial ideas around packaged liquids

I was drinking packaged juice when this idea struck me–business around packaged liquids. If you are fortunate enough, you have seen that water is sold in packaged form. Once you see that, you will come to believe that any consumable liquid can be sold if it is packaged. I remember I once read that so mebody started selling... 

5 small business entrepreneurial ideas around human languages

5 small business entrepreneurial ideas around human languages

When I was studying Mechanical Engineering, we got a subject called Engineering Drawing (ED), which later got a special version of Machine Drawing (MD). It was a difficult subject to clear but was very interesting one—it was a language that helped the developers to convey what they want to be manufactured. It goes without... 

10 entrepreneurial ideas for small businesses at tourist spots

10 entrepreneurial ideas for small businesses at tourist spots

Indian geography presents a wide variety of tourist spots. Right from the skyey heights of Everest, you can explore the caves of Aurangabad; from chilly mountains of Kashmir, you can explore the historical monuments of Rajasthan. If you love to travel and visit various places exploring the unique ambience, touch of history and... 

10 small business ideas for entrepreneurs

10 small business ideas for entrepreneurs

While talking about the entrepreneurial spirit that has taken the country with both the arms, there are lots of searches going round the internet about small business ideas that entrepreneurs can explore. The scale of an entrepreneurial idea comes later—first is the passion of the entrepreneur to pursue it. Once a budding... 

A chaiwala in a shopping-mall–an idea for entrepreneurs

A chaiwala in a shopping-mall–an idea for entrepreneurs

A chaiwala in a shopping mall! Yes, you are reading and seeing it correctly. A chaiwala is one of the most common sites in India—you can see them virtually everywhere. But it makes an attractive sight when you move aside the ascending stair-case. This is what happened to me when I visited the Spice Mall in Noida. Now what’s... 

Can selling juice be an idea for an entrepreneur?

Can selling juice be an idea for an entrepreneur?

There had been a lot of debate over the contents of any cold-drink/soft-drink that Indian love to gulp down the throat. Then, there are individuals and groups who impose a mind-boggling self-restraint saying a polite “no” whenever somebody tries to persuade them to drink it. These restrained people also overcome their own... 

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