Originally posted by: smit123
The people you quoted are all founders who started small and made it big. But tell me if there's anyone who can manage an already existing mega-business (in loss )and make it big once again. Yes, its possible if that person is experienced and qualified only. Some dumb nut who knows nothing about management let alone business cannot do so, at least in the real world. If that was the case companies would be recruiting illiterate women who run papad and achar business across the country as their CEOs. In SNS world, anything can happen. Maybe Gopi's next deal will be with NASA. Business doesnt need qualified people...really? I guess then all the business schools should close down and let laptop-washing stupid women take up management positions...wow !!! I mean, there's no harm in being a fan of the show but when stupidity is shown, i dont think there's any need to vehemently support it..it wont affect your loyality.
Since you have asked me about the established business which incurred a loss & is picking up, it is the Steve Jobs. When that company incurred a huge loss, it affected the entire economy. But the market is picking up. It will take time to come back to the level it has achieved earlier. I give you one more example. My uncle was working in a company at Walchandnagar. (I don't know the company name). That company began to incur losses & many left the job. However, the same company began to make profits as the Management has changed.
I have quoted the examples of the founders as you said that achar business is not a formal one. All other businesses are affected by recession except education & hotel industry.
Yes, Gopi washed the laptop but she also cracked the most important deal in Switzerland though she was illiterate & that is not a small thing. People have the tendency to overlook 100 good things and catch only the negatives. Btw, who does not make mistakes? Gopi is also good at designing & embroidering. So starting a saree business is also not a big deal for her. It is within her reach.
Jigar claims that he has been taking care of business for 5 years but what did he do as a qualified person? That is most important. Rest of them is a b***s**t. If the company has got into huge debts , will Jigar's bookish knowledge come to his rescue? If the business does not work in one way, he should think about starting something creative & innovative for making profits. He won't be able to pay the debts if he incurs a loss. He has only been working under Ahem as a servant. So do you think he will be having that much knowledge about the business? Forget about Kokila & Gopi. Has he even consulted his own father before starting a venture? That is my point.
There is a difference between working under somebody (even if they are related to you) & doing the business independently. When you work under someone or manage only a particular department, you will only be confined to that whereas if you are managing the entire business, you will be in touch with the day to day happenings in the market in which you get to know the latest trends. Gopi has only suggested to do something innovative as everyone does the same thing. so what is wrong in that? Doing something innovative is not wrong. On the contrary, you can present about the product to the client & explain its features & in what way it is better. You also avoid unnecessary competition. To get profits, one needs to create the demand for the product & be monopolistic.
Education qualification is important but whatever materials we get from the universities are outdated. So that is only a bookish knowledge & it does not have any relevance in the business or commercial world There are lots of things which you will not get in books. One has to study the market before starting a venture & take an expert guidance if necessary. So for doing business, educational qualification is not needed unless you are specialized in some field like law, audit, software etc.