Entrepreneur's Corner

There was a query in an earlier post in this blog: Company incorporation or partnership which was specifically related to how much starting a company would approximately cost the founders. As this is one question that is on the top of the mind of many wannabe entreprenerus, it is worth a full post and not just a response. There are actually different components to the cost, there is the initial, onetime statutory  fee, there is a recurring fee and there is also the fee you pay to an expert to help you with the registration process. The statutory fee is…

There was a query in an earlier post in this blog: Company incorporation or partnership which was specifically related to how much starting a company would approximately cost the founders. As this is one question that is on the top of the mind of many wannabe entreprenerus, it is worth a full post and not just a response. There are actually different components to the cost, there is the initial, onetime statutory  fee, there is a recurring fee and there is also the fee you pay to an expert to help you with the registration process. The statutory fee is…

Ever year around this time, we see several women from across India converging to Bengaluru.  This is for the Summer Special @ IIMB; i.e. The Management Programme for Women Entrepreneurs (MPWE). This year there are over 130 confirmations, with participants also coming from outside the country. Registrations are still open for a few seats, for the programme which starts on Wednesday, April 15th, 2009. If interested, please look at the MPWE programme brochure at www.nsrcel.org/home/mpwe2009.pdf  for details. The Course Directors, Prof. Ganesh Prabhu and myself (Anjana Vivek) are very pleased to see this interest. I have been associated with this programme…

Ever year around this time, we see several women from across India converging to Bengaluru.  This is for the Summer Special @ IIMB; i.e. The Management Programme for Women Entrepreneurs (MPWE). This year there are over 130 confirmations, with participants also coming from outside the country. Registrations are still open for a few seats, for the programme which starts on Wednesday, April 15th, 2009. If interested, please look at the MPWE programme brochure at www.nsrcel.org/home/mpwe2009.pdf  for details. The Course Directors, Prof. Ganesh Prabhu and myself (Anjana Vivek) are very pleased to see this interest. I have been associated with this programme…

Many persons in Bengaluru want to set up their own venture. Are you one of them? Are you unsure about the kind of legal structure you need for your activities? Gyan, the business advisor, recently met Anil and Peter, who wanted to start a new venture. They were unclear about the benefits of setting up a company and wondered if the cost would be prohibitive.Gyan referred them to a couple of specialists who could walk them through the regulatory aspects of creating a venture and registering with the concerned regulatory authorities, based on the nature of their business and the…

Many persons in Bengaluru want to set up their own venture. Are you one of them? Are you unsure about the kind of legal structure you need for your activities? Gyan, the business advisor, recently met Anil and Peter, who wanted to start a new venture. They were unclear about the benefits of setting up a company and wondered if the cost would be prohibitive.Gyan referred them to a couple of specialists who could walk them through the regulatory aspects of creating a venture and registering with the concerned regulatory authorities, based on the nature of their business and the…

Many persons talk of entrepreneurship. To some it is a fancy, to some it is a fad, to some it is a serious passion, what is it to you? Are you cut out to be an entrepreneur? I am not talking about the checklist one can fill and tick to see if one is entrepreneurial in nature. Many persons think they are entrepreneurial based on scores on paper and/or based on discussions with other entrepreneurs and attending workshops and seminars. It is one thing to see high score on inclination and aptitude for entrepreneurship; it is something else to actually…

Many persons talk of entrepreneurship. To some it is a fancy, to some it is a fad, to some it is a serious passion, what is it to you? Are you cut out to be an entrepreneur? I am not talking about the checklist one can fill and tick to see if one is entrepreneurial in nature. Many persons think they are entrepreneurial based on scores on paper and/or based on discussions with other entrepreneurs and attending workshops and seminars. It is one thing to see high score on inclination and aptitude for entrepreneurship; it is something else to actually…

As we see the unraveling of Satyam...maytaS...i.e. the reversing of Satyam, there are some learnings from a due diligence perspective. It is surprising that a case of this size has escaped notice for several years. Maybe it is time for the general public also to step up vigilance, so that all the people are not fooled all the time. There are some practices which are typically followed, such as review of past financials and business performance, reviewing management policies, looking at churn of employees etc. In addition, there are some learnings from the Satyam Saga. Below are some initial thoughts…

As we see the unraveling of Satyam...maytaS...i.e. the reversing of Satyam, there are some learnings from a due diligence perspective. It is surprising that a case of this size has escaped notice for several years. Maybe it is time for the general public also to step up vigilance, so that all the people are not fooled all the time. There are some practices which are typically followed, such as review of past financials and business performance, reviewing management policies, looking at churn of employees etc. In addition, there are some learnings from the Satyam Saga. Below are some initial thoughts…