The cleartrip ads about orange juice and the bar one about a cross dressing dude are both hilarious but I feel both are targeted to the right audience as well and the upmarket hip young generation which is the target audience for cleartrip will get the humor . but out of both the ads the one about orange juice is really good for some reason both the ads looks cliche

But citigroup is not a person but a business entity and such huge one that it can absorb such huge losses without much hiccup’s but still someone had to face the wrath and it was the CEO as always who had to face the executioner and the axe.
In the interview there are some very interesting pointers like the fact that prince alwaleed points out that they should have a person from banking and goes onto say next time no lawyer DUH how dumb are you who understands banking ?? a person from banking and why did you hire a lawyer in the first place.

The second point is since he is the largest individual share holder and most of his personal net worth is tied up with citigroup what sort of a financial reporting system do you’ll have in place where the write offs can change in 3 weeks?? it is scary very very scary and this is something that needs to be looked at this cannot be the CEO’s mistake he just presented the details given to buy his financial team it is not that he accounted every cent of it by sitting down this discrepancy is not a concern not only for prince alwaleed but also to other shareholders of citi group and raises serious doubts about the management at the top level not just the CEO.

Also the complaining about the the share prices hmmmm well the company is not well managed what do you expect I am still surprised with all this antics that their share prices have not sunk lower yes its a big big entity and that is the only reason that their share holders have been optimistic but if they don’t deliver well the prices can go down south and not up north if the antics continue. Well from all this it looks like the management was sleeping and all the others doing their jobs at citi were sleeping and the scapegoat was none other then the CEO from all of this the important lesson to learn is it is better to own a company then run one

Hmm all this has certainly got me thinking is it possible to build a company in a small place like goa worth a billion dollars in 3 years well maybe it is but has it been done in goa not yet anyway I don’t think it has been done in india also yet but one place where it has been done is US and in a place like silicon valley anything is possible for example in recent history youtube.com was founded in February 2005 and in less then 3 years was sold to Google for more then a billion dollar in Google cash and stock.

So the conclusion is if you target a global audience with your innovation then it is definitely possible to build a company worth a billion dollars in 3 years the vital factors to achieving the goal being innovation,usefulness and global audience but if you are building a small entity with focus on smaller geography then it is not possible unless maybe you start digging in your backyard and you strike oil or a diamond mine hahahahahaha as they say for striking it reach you don’t just require smart work but also a bit of luck

I really appreciate the concern shown and am really thankful for all the best wishes.

Hmm from this episode I did come to know that there are a few people who want to see me alive hahahahaha yes from now on I am still pushing myself but not as much now I sleep for a decent amount and eat food on time and don’t skip meals anymore.

But have not yet given up on pushing my mind and body but now do it a bit smarter like I told a friend few days back it is worth dying while trying in something you believe in and feel worth giving your body and mind rather then dying later in life repenting that you never had the will power to pursue your dreams.

Well thanks once again on a lighter note the below image done by a close friend of mine selwyn is inspired by my the small incident in my life and no there are no prizes for guessing which incident hahahahaha so enjoy !!!!

The image is not loading from blogger so here is the link chk out the selwyn’s blog and guess the image

Well I personally don’t own a residence of my own yet but will do so someday
but I do follow a lot of this residential luxuries of famous people whether they are shown on forbes mag or on MTV Cribs yes I watch cribs because looking at those houses you learn what are the things you need to get for your crib when it is up.

Well for a sneak peek at the proposed 4000+ crore residence of reliance CMD mukesh ambani the pic is given below of what the proposed architecture might look like once complete more details can be seen here in short it is

• 27 storeyed
• 6 floors for parking of 168 imported cars
• one floor for an inhouse car service center
• entertainment floor with a mini theatre with sitting capacity of 50 (looks like the rich guy does not have many friends hahahaha)
• health floor with swimming pool and facilities for athletics
• for visiting guests there will be 2 floors wow does this mean now all the visiting dignitaries of reliance be staying there instead of a hotel somewhere ?
• 600 staff will be working there
• three helipads on the terrace

Way to go man what a place to stay hats off to you for that you should work hard and also stay in luxury and party hard after reaping in the rewards and finally the Indian Businessmen are realising it with the huge number of private jets being purchased, expensive imported cars, luxury apartments etc etc it is a good sign for a booming economy.

This residence will go well with his new flying office worth 245 crores see (this) for more info. Wow I am just imagining what the other ambani brother is doing who is keeping a low profile with all this big ticket spendings by elder brother well its not that he does not have the money but then again he does not have as much as his elder brother hahahaha

Well it will take some serious spending by another Indian to belittle Mukesh’s crib in India but hey it can be done even though I would say all this are the things that even I look for in a crib but there are more facilities and a hell of a lot of cutting edge tech inside and outside.
my crib so now you know the list of luxuries that I want to own someday is not just restricted to a private island and private jet for my world travels for holidays, partying and cuisine tasting hey who wouldn’t want to just board their plane and go to italy and have a pizza and come when in the mood rather then settling for a domino’s or pizza hut one

Realistically(as reality sinks in sob sob sob) speaking at present I need a single bedroom apartment of my own and a small office to work on my building empire dreams

Hmm am wondering why name a residence after a mythical island ?? any ideas y ????

(image is shown from mumbaimirror.com)

Motivating oneself is very very difficult but motivating others is virtually impossible with that said it is always good to give a shot at solving something which is impossible. when you are putting together a team they are all pumped up thinking about what they will be doing and how they will be doing it but once they join they get in the comfort zone and then they can go in a bit of a rut which can ultimately lead to becoming a unproductive employee who pulls everyone down and this is one problem that every entrepreneur should look for don’t allow anyone to get into the comfort zone how to do that? have ideation meetings, have brainstorming sessions regularly, update the people about the overall progress what has been achieved and what is remaining to be achieved all this meetings help in keeping the morale up and also keeps the people on their toes.

Motivation factor varies from person to person some would be motivated by money, others by praise and some would some other way. Identifying what are the motivational factors for the team members is very important. Well in long term if you find that some member of your team is pulling everyone down then that member has to go out to keep the startup ecosystem healthy and motivated. Well being good at what you do and being motivated are two different things in a startup what is required is person who is good and one who is motivated.

The Motivation factor is not only an issue for startups but also for established firms as motivational factor lacking in established firms lead to lack of growth and can stunt the growth most of the time this leads to disaster for long term prospects of the firm as innovating and striving for growth is not only the mantra for a good startup but for any company.

For all those who dont know much about the paypal founders after their successful exit some of the paypal employees got involved with many other ventures and most of them did cash out for example youtube etc are paypal alumni and also the widgets that are so popular on facebook like slide etc are powered by one of the co founders of paypal new startup.
The kazaa guys went on to found skype which they sold for a huge sum to ebay and now they have set their sights on joost a new internet based p2p Tv platform which itself has raised closed to 50 million $ in funding so far .

Where as this serial entrepreneurs have tasted success on some of their other ventures our very own desi serial entrepreneur in search of the second success is struggling and boy is he struggling badly his venture arzoo went down and has now come up in its new avatar as a travel portal also his vision for a nano city looks a bit odd to me but then again what do I know of nano technology ( I am assuming that is the technology that will be worked on at the nano park) also came across (this) very interesting article and what caught my attention was the fact tht Mr Bhatia thinking that he can build a google out of one of the 7 companies that he has invested in WOW why just one of them and not all is my question to him?

I had my doubts whether Sabeer can deliver a successful venture on his own but now as time goes by it looks like it will be difficult for him to do that and it also looks like the team at hotmail was what made hotmail a success and without that team he wont be able to build another success story but till then I guess he will be taking a bit out of his savings from his share of the pie which he carved out for himself after the 400 million $ sale of hotmail to Microsoft.

I guess the hunt for the taste of another success story can make a person restless and make them do crazy things but I believe that if a person sticks to the basics and goes back to the drawing board and thinks of problems and experiences them first hand then you can always taste success again but it might not be as big as you expect of it but sometimes if u hunt for bigger success you loose on small success which can later on lead to bigger ones.

Well all I can say is Sabeer if you are reading this maybe you should invest in my startup it wont be the next Google but can assure you that you will get good returns and not loose money. Well if you do read the article you will see that he plans to launch ice creams for lactose intolerants in India and also maybe open up a hotel for pets ( yes a hotel for your pets) well lactose intolerants might work but the market is small but hotel for pets well that is what might give a tough fight to the hilton or marriots chain of hotel I guess hahahahaha.

So should a entrepreneur search for a second success story a definite yes but like I said they should go back to the drawing board themselves and come up with the idea

Since I have decided to take the walk down the startup road I will be blogging about my journey on my blog in the startup pains series of posts. The points will be what are the problems faced and how I came across those and what solutions worked for me etc etc so as I get time to take a breather while on the journey will try to update this series.

Well the Idea for my own startup in the form of an incubation center for some of my ideas came to me one year back and then I got to work on the basic plan on how I would go about setting up my small startup in goa. Since I am working in a senior position in an IT company in goa called Intelgrate I got to know the operational issues and resource problems that a normal IT setup in goa has and since I wanted to do something different and go into products rather then services. Services is a normal trend for all the IT related companies in goa. I was in a bigger problem then the other firms as I would not be competing with them for market share or their client