This isn’t a popular opinion, but entrepreneurship is a terrible idea. While it’s great for society that so many people are innovating, taking massive risks and working 18-hour days is rarely in the individual’s best interest. Yes, the potential payout is huge, but the odds of success are low. At the same time, it’s increasingly [...]
October 4, 2019
Loknath Das
Business
Is the thought of writing a business plan holding you back from starting a business? If you’re eager to get your business idea off the ground—without the drudgery of creating a massive document first—a business model canvas for startups might be right for you. What is a business model canvas for startups? A business model [...]
October 1, 2019
Loknath Das
Business
In 2012, the emblematic podcast This American Life did a special on politics in Afghanistan. They noted that in order to be a politician in Afghanistan, one needs to command a personal armed militia. That’s how politics is practiced in a fragmented country with a long history of violence, and without a stable, credible centralized authority. In [...]
September 25, 2019
Loknath Das
Business
The 14th edition of the Conference of Parties (CoP-14) to the UN Convention to Combat Desertification (UNCCD) concluded here on Friday with rather ambiguous resolutions on land titles and drought — two major sticking points that the 12-day high-level meet was expected to take up. Though the Delhi Declaration released at the end of the [...]
September 14, 2019
Loknath Das
Business
TLDR: Find the business partner you need with Founder2be Pro, now over 90% off. If you’ve got a great idea for a new business, that doesn’t always mean it’s time to throw open the doors and print off some letterhead. We all have personal strengths and weaknesses, which sometimes require some outside expertise to help your [...]
September 8, 2019
Loknath Das
Business
Shares of SRF Ltd surged 13% on Tuesday after the company impressed with a better-than-expected June quarter performance. Revenue growth, though, slowed to 9% year-on-year in the quarter, tracking the deceleration in its technical textiles business. But better profitability at its packing-films business saw operating profits rise to a decent 13%. Profit after tax was [...]
August 7, 2019
Loknath Das
Business
You can offer your services to ensure your clients have the best possible party experience. Starting a party business doesn’t mean you have to be at every event, you can help clients find vendors or rent party supplies. Here are 10 examples of party business ideas that you can use to gain insights into the [...]
August 3, 2019
Loknath Das
Business
How do I create a private trust so that in case if something happens to me or my business gets affected, all my assets will rightfully go to my legal heirs? Also, I want to ensure that in case of business problems, the creditors will not attach my private assets. Who can I approach for [...]
July 31, 2019
Loknath Das
Business
The freelance economy is no longer an uprising. It’s a true revolution few business leaders are fully prepared for. Mid-market companies in the US (with an annual turnover of $100 million to $5 billion) already have an 18% contingent workforce and the number will hit 20% in just one year from now, per EY estimates. McKinsey [...]
July 28, 2019
Loknath Das
Business
Funding, infrastructure, an efficient team and government policies are decisive factors for a business, but these are secondary. According to a study, the majority encounter setbacks because of inadequate demand in the market. For the sustainable growth of a business, its offerings must have a market replete with active/potential consumers. Moreover, investors take interest in [...]
July 24, 2019
Loknath Das
Business
(Representative image) NEW DELHI: The country’s start-up community should now not worry about taxmen and concentrate on their businesses as concerns related to ‘angel tax’ have been “sorted out”, the CBDT chief said on Saturday. Central Board of Direct Taxes (CBDT) chairman P C Mody told PTI in an interview that all “legacy issues” related to start-ups [...]
July 8, 2019
Loknath Das
Business
Jets used for corporate travel by Russian state-owned oil major Rosneft flew at least 13 times to Mallorca, Ibiza, Sardinia and the Maldives when CEO Igor Sechin or people from his social circle were in the same vacation spots. Using publicly available data, Reuters tracked 290 Rosneft flights between January, 2015 and May, 2019. Of those round trips, 96 took place during Russian public holidays or between Friday lunchtime in Moscow and [...]
June 15, 2019
Loknath Das
Business