HelloB1z
JULY 2017
HABITS TO
BUILD YOUR
SPUN Bday
ROBIN SHARMA
MEET
PRANAY CHULET
CEO QUIKR
LEADERSHIP IS A
CONTACT SPORT
-MARSHALL
GOLDSMITH AND
HOWARD MORGAN
THE THREE-FOLD
NATURE OF WORK
-DAVID ALLEN
THE RISE & RISE OF
facebook\¥
oy
af
tip
LAUNCHING
ON AUGUST 15TH TO
MARK THE
INDEPENDENCE. DAY
CELEBRATIONS.
PEOPLE CUTTING ACROSS GLOBE CAN USE
THIS APP FOR CANCER RELATED COMPLETE
INFORMATION.
¥ Calling on all freelance Oncologists to use this App and find a suitable
hospital to treat their patients at affordable cost.
¥ Calling on all Trusts/NGOs/Associations to download the Oggy App and
find a suitable and affordable hospital to help their cancer patients lead
a comfortable life post treatment.
~ Requesting Pan India Medical Tourism establishments to make use of
the features available on our App.
¥ Finally, calling all those patients, their attendants and family members
with or without money to download this app and make use of the best
of the best Cancer related treatments available.
CALL: Mr. Kiran Kumar +91 9738993228When I write this editorial, there are two types
of rains on our office. First are the normal
rains which all of us experience. But, the
second one is the rain of lots and lots
messages for our readers. Messages on
congratulating us for coming up with such an
incredible magazine, applauding on the
stories featured, talking to us about the way
the simple layouts are appealing ete
Thanks a lot to all of our readers for making
the our launch issue an ostentatious success.
An accomplishment, an — achievernent
which the team at HelloBiz had never dreamt of. But, all this victory praises belong
to you, the readers and our well wishers spread across the globe that has been
motivating us in a variety of ways to perform a little better than the yesterday.
This issue as promised has some irresistible and motivating content. Many thanks
to our contributors from around the world. This issue sees contributors who are
world's premier speakers on Leadership and Personal Mastery. You would be
pleased to read Robin Sharma, David Allen, Marshall Goldsmith and Howard
Morgan. These are all world known and famous for their body of work. Also, the
issue features some other articles which as promised would add value to your lite
as an entrepreneur.
US President Donald Trump and Indian Prime Minister Narendra Modi met for the
first time, seeking to develop a warm relationship. The two leaders went into their
relatively low-key summit looking to bolster the US-India strategic partnership
but an equally important goal was simply to break the ice and get to know each
other. Their discussions will provide a new direction for deeper bilateral
engagement on issues of mutual interest and consolidation of the
multi-dimensional strategic partnership. Let's all hope that this discussion had
something on the start-up India part too on which India and its many
entrepreneurs’ would be benefited from the vast experience of America in
entrepreneurship.
Modi also met Amazon's Jeff Bezos, Apple's Tim Cook and Sundar Pichai of Google
with other 20 CEOs to tout our country's status as a prime investment destination.
Bezos described Mod's roundtable meeting with executives on sunday as
“terrific,” adding in the tweet that he was “always impressed, energized by
optimism and invention in India. Excited to keep investing and growing.”
On the last note, | would say with reference to GST that you can achieve reform by
pushing hard for it, and I hope it's just the beginning,”
Sameer Gudhate
Editor
JULY 2017 HelloBiz | 1CONTENTS
Habits to build your empire
Interpreting Stay Hungry,
Stay Foolish
Make India Read
Interview with
Amrut Deshmukh
The Rise & Rise of Facebook
Leadership Is a Contact
Sport
The Three-Fold Nature of
Work
Meet Pranay Chulet,
Quikr Founder
360Track-
The Growth Story
18
26
47
65
72
105
12. Latest stres buster on the block
37. Startup Jottings
44, Entrepreneurs and Financial
Savings
57. Top Indian Healthcare Start-ups
to watch
63. From An Entrepreneur Dad to
his Daughter
69. Trends in Medical Tourism
76. Developing the Leader Within
You
80. 7 Important Traits of a
Successful Brand
83. Importance of web hosting in
success of online business websites
85. The one thing succesful people
never do
88. ‘App’solutely Necessary
91. 6 Tips to Use WhatsApp as a
Marketing Tool
94, Why Your Website Is Important
For Your Business
97. Vighnartha Gold
101. Launch of Start-up India Hub
to Encourage Indian Entrepreneurs
104. Story Behind Eco Green
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ULY 2017 HelloBiz | 2Green Organics...
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Really, really, really valuable insights in
today’s message if you want to do the best
work of your life and release your highest
talents in the process.
So my deep encouragement is to take 5
minutes now, turn off your notifications,
breathe, and then focus on this potent piece
that is the result of decades as a creative
producer devoted to my craft...
280...
..I'm getting a lot of people coming to my
events, driven to do gargantuan things in the
world.
Many want to build business empires. A lot
want to scale creative empires. And quite a
number are obsessed with building
humanitarian empires.
I've been in the productive pocket these past
weeks, in seclusion writing my new book The
5 am Club so I’ve had time to reflect on some
of the best protocols I run to get massive
projects done
TI share 7 of them below and if you want to
go x100 deeper into them and get some of the
most valuable training available anywhere
to build your empire.
Ok. Let's go.
#1. Get Away from Your World.
You can’t do the finest work of your career
staying in your city. I've found I get big
things done when I’m on airplanes or in hotel
rooms. It’s a total needle-mover to book a
fantastic room in a place you adore and then
put the “do not disturb” on the phone and
door for a week. Yes, take it off so your room
gets cleaned ;)
And put your devices in a plastic bag with a
label on it that says “My Masterpiece is more
important than my email!”
Just think about it: in a hotel room, no one
can distract you, you can order room service
when you need to, sleep when you need to,
you can workout when you need to workout
and you can isolate yourself so that Transient
Hypofrontality [the neurobiological state of
JULY 2017 HelloBiz | 4genius that we ALL have but so few know
how to access} just shows up; you can’t miss
Personal Mastery Academy if what I'm
writing is speaking to you deeply.
Some people say “but a great room costs too
much.” I think of what I've learned from
Warren Buffett: focus on value versus cost.
If you do work that wows a whole industry
and makes you a legend in your field, was the
investment returned 1000 times over?
You can’t become a history-maker stuck in
tiny thinking. You just can't.
#2. Fight to Be Dark.
I know you're important. I know youre a
busy producer. I get people need your
attention and your decisions. Go to war.
Fight to go dark and be completely
unavailable. Distractions are costing you
your genius. The business won’t burn down
and your team will figure it out.
You doing masterful work is all that matters
here. Trust me on this. Be nearly totally
umavailable. Just watch what ideas start
downloading and just see the quality of your
output.
#3. Become a Spartan.
Don't fill your room with shiny toys! Have
the goodies in the mini-bar taken out before
you arrive, Give the magazines and
newspapers and welcome basket to
Housekeeping with a radiant smile and a big
tip. You're like a Spartan soldier now. As
little in your personal monastery that the
world calls a hotel room as possible. You're
Edison and this is now your Menlo Park. The
place where you breed the ideas and execute
on the concepts so you raise the entire world.
Keep it pure. Keep it lean.
#4, Find a Rhythm.
As I write The 5am Club, I've found a
profoundly awesome daily pattern here in a
small town in Europe that works so
beautifully for me. I rise. I have coffee. And
then I write. No food. Just writing.
After three good hours, I run along the lake
and watch the snow-capped mountains.
Then I do some drills in the gym. Then, after
a light meal, I go back to the craft.
After another few hours, I'll do a 60-minute
walk to decompress. Evenings are reserved
for a lovely meal and House of Cards ;)
T do this almost every day. All I care about
is sharing what works for me so it works for
you. And this all works. Period.
#5. Seek Inspiration.
When I need to complete a project of primary
importance, I’m around nature a lot. Today,
after 7 days at the table, I closed my iPad
Pro (a shiny toy worth having) and took the
day off. I shot pictures of Spring flowers,
basked in the sun, ate lunch outside at a
very cool Bohemian shack in the edgy part of
town and found a women’s art exhibition in
a hidden warehouse.
My game’s refueled, Ill be back at the
writing, re-created, tomorrow.
#6. Resist the Saboteur.
You'll feel like Skyping the office or checking
your Instagram feed (follow me here) or
taking a nap.
Don’t let your lower self cause you to betray
the gifts embedded in you. Your loved ones
need you to fly. And our world will be a
whole lot better off when the brilliance of
your light shines.
#7. Reward Your Wins.
In over 25 years as a Creative, I've hardly
watched television, I haven't known the hip
shows nor watched the hot programs. It’s
been mostly family, fitness, my personal
JULY 2017 HelloBiz | 5development and my craft. Very minimalist.
Highly unorthodox.
You have a different way of conducting your
life? Beautiful. This is how I've lived mine. I
don’t really do it for the fame or the money. I
do it because I need to. Because my heart
makes me do it. Because it’s what I've signed
up for. Because I know no other way.
Anyway, mini-rant aside. I've discovered
House of Cards. My kids made me do it ;)
So here in this long trip to finish the book,
after a day of writing, I eat an excellent meal
(fresh food, simply prepared is my favorite)
then watch Kevin Spacey work his chops.
Total guilty-pleasure. Perfect end to my day
in flow zone.
Hope you feel the passion which I feel as I
write this.
You are built to do epic work. You are
constructed to make a gorgeous impact.
Step up. Show up. Make history.
With love + respect!
Robin Sharma
Robin Sharma is a
Canadian writer and
leadership speaker, best
known for his The Monk
Who Sold His Ferrari
series. In 2007, an
independent survey of businesspeople
named Sharma as one of the most
influential leadership gurus in the world.
10 TYPES OF DISORGANIZATION.
WHICH ONE ARE YOU?
Unbelievably, there are some very good
reasons for becoming disorganized. However,
all of these are curable and can be conquered
once we get to the root of the problem.
Disorganization comes in many forms and
may be a problem associated with an illness.
Whatever your form of disorganization is;
there IS help for you.
In this day and age of the internet, help is
just a click away. Go to any search engine
and use the Keywords: ‘home organizing’ and
you are on your way to several websites of
Professional Organizers that are there to
give you all of the wisdom that you will need.
10 TYPES OF DISORGANIZATION
Trauma Disorganization
When an outside influence that has a
traumatic effect on our lives throws us ‘off of
our usual mode of living.
Habitual Disorganization
You guessed it, which is when we never seem
to be able to get organized; we are always in
a state of disorganization. It is a habit that
we have to break before it becomes a
way-of-life:
Ancestral Disorganization
We have been brought up in a state of
disorganization and it becomes so familiar to
Contd. on page no. 16
JULY 2017 HelloBiz | 6MR.SHANTANU SADANSHIV
(DIRECTOR)
TRVS-Softtech.pvt.ltd
Jy
TrvsSoftTech
Hello.I’m Shantanu Sadanshiv, 21,Director of
TRVS-SoftTech.Pvt.Ltd . Currently I’m study-
ing in VIT college,Pune.I moved into software
Technlogies at the age of 19.1 did one course in
my college “Google workshop”. From Google
Workshop I insprise and started this software
company
= Company Background:-
TRVS-SoftTech .Pvt.Ltd is a dynamic outfit
engaged in software engineering, business con-
sultancy, and providing IT services, enabling our
clients to access our expertise in IT and Business
consultancy. We have a proven and commend-
able record in delivering the best quality soft-
tand-
ware engineering products and services,
ing out for quality in this rapidly expanding
sphere of innovative business.
We help our client to achieve their business and
IT needs. We have the experience, knowledge
and skills to advise, design, engineer and imple-
ment solutions to medium and large scale sys-
tems that take businesses to new heights.
Our company provides a wide range of IT
and interrelated services, inclusive of busi-
ness consultancy, designing and developing
software solutions, hosting of web sites and
web based systems, electronic marketing and.
advertising etc., that reach out to the needs of
today.
= Our Motto:-
Business Growth With Instant Quality
Services.
« Our Vision:-
To help startups with reasonable price-
with Instant Quality Services .
Provide Innovative IT Solutions and IT
related Services with a global vision for
business enterprises in a developing competi-
tive environment.INTERPRETING
STAY HUNGRY, STAY FOOLISH
Steve Jobs needs no introduction.
His impact on the world of technology has been
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American inventor and entrepreneur, a
technology industry icon who co-founded
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iPhone, iPod and iPad. Apple's technologies
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was criticized for using cheap Chinese labour
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attempting to patent simple things that
Pee CRC Rane RCo trc ricnegatively impact creativity and innovation
by the same company that defended
creativity and innovation.
Controversies aside, Steve Jobs was a
successful businessman, visionary and
entrepreneur. Jobs and Steve Wozniak
started Apple at age 20 and within 10 years,
Apple had grown from two people in a garage
into a two billion dollar company with over
4,000 employees.
In 2005, during a Stanford graduation
ceremony speech, Mr Steve Jobs made
several statements that have really stuck
with me. He said, “Your time is limited, so
don’t waste it living someone else's life.
Don't let the noise of others’ opinions drown
out your own inner
voice. And most
important, have the
courage to follow
your heart and
intuition...” He
finished the speech
with a phrase that
has become quite
talked about. “Stay
hungry. Stay
foolish.” He said.
While this likely will have different
meanings to different people, here is what it
means to me.
“Stay Hungry
Entrepreneurs, by nature, are people who
think and see outside of the proverbial box.
We look at a problem, a product, or an idea
and the gears of innovation and imagination
begin to turn fiercely within our heads,
almost automatically. Sometimes, though,
we can get so used to seeing the world from
this perspective that we forget how unique
and valuable of a thing it really is. People
often give into the foolish urge to become
quite complacent, even while doing
something great. This, it seems, can be a
downfall to progress, success, and even
living life. In order to combat this, we have
to stay hungry.
As I see it, hunger is the drive that keeps us
coming back for more, instead of thinking
that what we have is sufficient for the long
term. Whether you are talking about a
marriage relationship, a busin
a tech product, the logic is the same. You
have to constantly “feed” the beast. If, or
when, the hunger ends, the feeding stops as
well... resulting in weakness and eventually
death in that area. Simply put, if you lose
the hunger, you lose
the passion and the
game is over, whether
you acknowledge it or
not.
“Stay Foolish...”
Each year that I grow
older, I find that the
expectations placed
upon me by society
are higher and more
rigid than ever before.
Long gone are the days where failures were
simply chalked up to inexperience or
youthful exuberance. As this happens, the
pressure to “be safe” or “make prudent
choices” is also greater.
88 career, oF
Staying foolish, it seems, is simply always
having the courage and the guts to follow
something that looks or seems stupid to
other people. Follow your heart, follow your
intuition, and follow your dreams... no
matter how foolish they might appear to
others.
One thing is for certain, the speech that
JULY 2017 HelloBiz | 9Steve Jobs delivered to the 2005 graduating
class of Stanford University will be forever
inspired by the words he spoke and the
passion in his voice. This memory may be left
behind along with the legacy that is Apple
Corporation, but what stands in the forefront,
of most minds is four simple words that have
become a symbol of Jobs himself — stay
hungry, stay foolish.
MY TAKE AWAY
+ Never stop learning.
+ Pursue more goals with tremendous
enthusiasm.
+ Never be satisfied.
+ Never be a master of it is not possible.
+Learn to get more things done in lesser
time.
+ Be productive all the time.
Your time is limited, so don’t waste it
living someone else’s life.
-Don’t let the noise of others’ opinions
drown out your own inner voice.
+ Have the courage to follow your heart and
intuitions.
What’s your perspective? I’m ‘one of the
crazy ones, the misfits, the rebels, the
troublemakers, the round pegs in the square
holes, the ones who see things differently.
Are you?
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ON THE BLOCK
We're killing it!!!
This is the answer what most of the
Entrepreneurs and business leaders in the
start-up and innovation world tend to give
when they're asked "How's it going?", but
only that person knows the real thing which
is going inside. The massive expectation,
coupled with the challenges of trying to
launch and scale a business, often leave
entrepreneurs suffering silently in the grips
of stress and anxiety.
Start-up Founders these days are so often
busy shipping products and supporting their
employees that they don't have adequate
time to pay attention to their own emotional
health. This affects attentiveness,
inspiration, motivation, and eventually the
company's healthiness and well being. Even
worse, the melancholy of a stressed founder
will rub off on the rest of the team.
Whether it is the looming threat of potential
failure, funding a payroll, finding investors
just handling the day-to-day obligations of
running a start-up, stress levels are high.
Unfortunately, for today’s start-up founder,
there is no magic solution that can make the
running a start-up less
overwhelming or less headache-inducing.
stress of
But fortunately today with the ever evolving
technology day by day, there are
stress relieving gadgets for any start-up
various
founder to release the days toil. Stress Balls,
Hypnocube Animated LED Cube, Bucky
Balls and Bucky Cubes all help to reduce
stress when you do have to deal with it. The
hottest addition to this family is a Fidget
Spinner. And this small toy is a hot favourite
of many, young and old alike.
"Fidget spinners" are small, ball-bearing
devices that the user can rotate between his
or her fingers. The momentum of the toy
provides a pleasing sensory experience,
according to user reviews, while the
challenge of tossing, transferring and
twirling the spinners has spawned an entire
universe of instructional YouTube videos.
The palm-size devices whirl much like a fan
or helicopter, they seem to be
everywhere these They've become
and
days,
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Office : Mulund | Vikhroli | Kandivalisomewhat of a craze recently, and it seems
like all either have them or want to have
them.
It's called a fidget spinner because it can spin
and allows you to do what you normally try
not to do: fidget. The toy looks like a cross
between a ceiling fan and the head of a
triple-headed electric shaver. The fidget
spinner is not exactly the most complex of
inventions, although it gives a whirring
sound while it spins. And fidgeting certainly
is not a new human behaviour. Find someone
who doesn't fidget at all is like finding a
needle in a haystack.
Nonetheless, some
claims that the fidget spinner has health
benefits such as_— easing _ stress,
post-traumatic stress disorder (PTSD),
anxiety and attention deficit hyperactivity
disorder (ADHD). But can these little toys
really improve focus and help create inner
calm?
Doctors say when someone is hypersensitive
to the environment they might bite their
nails, pull out their cuticles, or pinch their
skin. Fidget spinners offer a less harmful
way to expand that nervous energy.
retailers have made
Using sensory toys as a tool to calm down is
nothing new: One study showed that
squeezing a stress ball during surgery can
lower anxiety by 18% and pain by 22%. Other
research has found that squeezing stress
balls in time with four slow breaths helped
people with cancer relieve stress before and
during medical procedures.
Like using a stress ball, flicking a fidget
spinner is considered a rapid stress
management technique (RSMT), says Dr
Trelles—and for people with ADHD and
anxiety, it's best used as a supplement to
treatment, “Psychotherapy and medications
work well, especially with adults,” she
explains. “Devices should be used in
conjunction with these things because only
using a toy to eure your anxiety isn’t going to
get you where you need to be.”
Since people experience anxiety, autism, and
ADHD on a spectrum, fidget spinners will
have varying levels of effectiveness. But in
general, fidget spinners can be soothing for
people with anxiety, or someone with autism
who is experiencing an anxious reaction. And
for those with ADHD, "the repetitive act of
spinning the toy may help them from feeling
like they need to jump out of their chairs.
How might fidget spinners help?
If you are trying to focus on a task, but your
hands are busy doing something else, it
actually forces your brain to increase your
efforts to focus on the task at hand. That’s
how an ADHD mind works.
The prefrontal cortex is the ‘office manager’
of the brain. That part of the brain in those
with ADHD has become ineffective in
organizing information, inefficient in
focusing.
If they are playing with a fidget spinner or
tapping with a pen or a_ pencil, it
automatically forces their brain to work
harder. The brain has to put more effort into
not being distracted.
People with ADHD who tend to be
hyperactive—not all are—would have the
most benefit from fidget spinners. They have
excess energy, to begin with. It gives them an
outlet to get that fidgety-ness out of their
body.
Dustin Miller, head of sales and marketing
for Legit Fidget (legitfidget.com) has
stumbled upon an entirely unexpected
benefit of these popular toys. “Based on our
social media metrics, sales, and analytics,
JULY 2017 HelloBiz | 14MAKE THE CHANGE
SdAL LINdS
Enetay Saving Contact: +91 9324978772, +91 8655008830
Enstermentt Protection Retigrant
Email: info@ecostarelectric.comwe realized the potential for targeting people
who need fidget tools to help quit smoking.
We have had lots of one-on-one phone calls
with our customers and truly believe that
they are helping people.” Given that the
chemical dependency to nicotine ceases in a
matter of days, providing people with
something to hold in their hands can help a
great deal.
But experts don’t agree how helpful this
gadget really might be. No scientific evidence
exists behind a fidget spinner’s efficacy in
the autism or attention deficit disorder
Contd, from page no. 6
us that we feel comfortable staying there. So
to become organized is something that
becomes a long-term plan.
Social Disorganization
Our friends and family are disorganized, so
it doesn’t make us look any worse than
anyone else. We feel at-home.
Chronic Disorganization
When we are in such a cycle of staying
disorganized that no matter how hard we
try, we can’t find a way to overcome it.
Depressed Disorganization
Is when we are so depressed, upset and
disabled with aspects of our lives that we
give up and let the mess take over.
Roomitis Disorganization
Is that we have the will to become organized,
but there is not any place to go with
everything that we have to keep. So it is
easier to not do anything at all instead of
figure out a solution.
Priceless Disorganization
This is when we know that we cannot afford
to go out to purchase all of the plastic boxes,
realm, though I imagine the scientific
community will get on that soon. It seems
like a topic ripe for scientific study.
So the next time when the entrepreneur in
you in under stressful condition go to that
desk in your office which has a Fidget
Spinner and helps yourself in relieving some
stress. Also, the Internet is flooded with sites
selling these toys at dirt cheap rates to really
premium pricing, so if you find these toys
really helpful, go ahead a buy one for
yourself,
label makers; cute little organizers that are
shown in the pictures, so we know that
organizing is too expensive and we cannot
afford it.
Questionable Disorganization
Is when you want to be organized but do not
know where to start, what to do or how to do
%
Time Disorganization
You hardly have the time in order to keep
things running without being able to find
enough time to organize things.
Start slow, make lists of all of the problem
areas, throw out items you don’t want, need
or use, and focus on the task at hand. If you
feel that you need help, hire a Professional
Organizer to help you and guide you on your
path to total organization in your life.
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http://www.selfgrowth.com/articles/10_Type
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www.GrassDew.com +91 9930555709 contactus@grassdew.comHow did The Idea of Booklet Came Up?
Elaborate Booklet.
AD: It’s a funny story. As I was struggling
with start-up ideas, one day my CA friend
invited me to a movie ‘Bahubali’. We reached
the movie theatre 15 mins before the
showtime. Just to kill time, I narrated him
the key takeaways of the book I recently read
“7 Habits of Highly Effective People”. My
friend was so impressed. He said, “Amrut, I
don’t get enough time to read. You are an
avid reader. If you can share short summary
of whichever book you read, your reading
habit can benefit me.”
He said it casually and was engrossed into
the movie but I could not. 1 saw a huge
opportunity in this idea. During interval,
under the pretext of attending nature's call,
I escaped from the cinema hall. Spent
sleepless nights and decided to execute the
idea within a week. Being a non IT guy, I had
no knowledge of developing a website or an
app. Words TT Rangarajan from his book
“Unposted Letter” poked me — It’s not
important what you have. It’s important
what you DO with what you have. I have
WhatsApp! I started sharing a book
summary every week with 15 of my close
friends on WhatsApp and asked them to
share with their friends. Within 2 weeks I got
1000 requests on WhatsApp. I was thrilled
by the massive response. I named it as
Mission “Make India Read”.
Within 5 months the number increased to
50K. One day I took a survey to check how
many of them are actually reading the book
summaries. To my disappointment only 10%
were reading! All were just boasting about
joining the mission. I was dejected. The
whole idea was to help you read a fat book in
JULY 2017 HelloBiz | 18Content is King.
i
For Meaningful & Effective Content
Sameer Gudhate: +91 9820270247
samgudhate@gmail.comjust 20 mins! But that was not happening.
Ok. Don’t wanna read the summary too?
Cool! I will read it for you! So I bought a nice
microphone and started recording the sum-
maries in my own voice. Shared the summa-
ries on WhatsApp in text and audio form.
And that was an instant hit! People started
listening to my summaries while commuting
in bus/train, while cooking, jogging. The way
we listen to music.
One fine day, WhatsApp banned me for
sending too many messages. They thought I
am spamming. After repetitive requests, I
could convince the WhatsApp team that it’s
being done with a noble intention to cultivate
the habit of reading amongst the youth of
India. And the ban was lifted.
WHAT POINTS DO YOU KEEP IN MIND
WHILE PICKING A BOOK?
I mostly pick bestsellers -- typically books
that have sold at least a million copies.
For me, the books have to have some action
value ~- after reading the book, one has to be
inspired to implement it. That means, the
books cannot be fictional.
I prefer self-help books, autobiographies,
books on management principles etc.
Once I decide the book, I e-mail the author or
publisher and request their permission.
HOW DO YOU GET THE BOOKS? DO
YOU BUY THEM?
No, I cannot afford to buy all the books. I
believe in beg, borrow, steal.
ACCORDING TO YOU, HOW DOES
READING HELP?
Reading the right books can improve you in
many ways.
It introduces you to so many different
characters and personalities that it will
slowly change the way you look at people.
I, for example, used to look at beggars with
sympathy and felt bad for them. Now, I look
at them empathetically.
Also, my perspective of looking at people and
problems has changed significantly,
HAVE YOU BECOME MORE CON-
SCIOUS ABOUT READING NOW? HOW
DO YOU STEER CLEAR OF PERSONAL
BIAS?
In a way, I have become more responsible
about the books I pick and read. My reading
skills have increased.
Earlier, I used to read only non-fiction, but
since 70 percent of readers are female, they
also want to read fiction, romance.
I have sacrificed my personal interests, so I
can accommodate more readers.
Also, I have been getting requests from
authors to review their books. But I pick up
only those I feel are worth.
THREE BOOKS EVERY YOUNGSTER
SHOULD READ IN THEIR LIFE AND
WHY
+ Ignited Minds by A P J Abdul Kalam:
Kalam Sir used to always appeal to the
youth to use their skills to build a better
future. In the book, he has pointed out
specific deficiencies that the youth needs to
work on and how he visions India at 2020.
+ Who Moved My Cheese by Dr Spencer
Johnson: The book uses cheese as a
metaphor for changes in career, relation-
ships, etc and talks about how we can
effectively deal with change.
+ Men Are from Mars, Women are from
Venus by John Gray: The book is a must
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perspective about the other gender and help
you think empathetically about the way they
see and understand life.
NAME THE THREE BEST BOOKS YOU.
HAVE READ TILL DATE
+ The 7 Habits of Highly Effective People by
Stephen R Covey
+ 21 Great Ways to Stop Procrastinating and
Get More Done in Less Time by Brian Tracy
+ A Whole New Mind: Why Right-brainers
Will Rule the Future by Daniel H Pink
WHAT KIND OF FEEDBACK HAVE YOU
BEEN GETTING?
Oh, it's been great. Kids, students, working
professionals and homemakers are reading
my summaries.
Once I received a call from Vishal Kumar
Jain, the president of the Blind Graduates’
Forum of India. He called up to congratulate
me for starting something like this.
He said he liked the idea of ‘hearing books! ~
a boon for the visually impaired.
He's even invited me to speak at one of their
events later this year. I felt really motivated.
DO YOU
READERS?
The aim is to make INDIA read. I have
Indians from UK, Australia, Canada and
Dubai connecting to me through the app.
HAVE INTERNATIONAL
HAD YOU EVER THOUGHT OF MAKING
IT TO THE WRITING WORLD WHILE
DOING YOUR CA ARTICLESHIP?
AD: Never. I was never into one thing. I kept
hopping from painting to Tabla classes to
table tennis. I felt guilty that I am not a
stable minded person. Until I saw Steve Job’s
speech. I was connecting the dots.
TELL US ABOUT OTHER TWO
STARTUPS THAT YOU STARTED.
AD: Oh! I have a series of failures, Me and
my friend got into a partnership to develop a
trading algorithm for stock market to
manage people’s wealth. Initially it man-
aged. Later it only damaged!
Then I tried my hands in manufacturing
“Packaged Drinking water”. Went into
depression for 1.5 months due to prolonged
losses. Learned a lot though. Started teach-
ing CA students for free. During these times,
the idea of book summaries struck to my
mind.
YOUR PERSONAL FAVORITE READ
TILL NOW.
AD: Ah! Can't name one. Start with Why by
Simon Sinek, Who Moved my Cheese, Eat
that Frog, Million Dollar Habits and all
books written by APJ Abdul Kalam.
DO AUTHORS COME UP TO YOU AND
ASK YOU TO SUMMARIZE THEIR
BOOKS?
AD: Oh yes! Every week I get at least 3-4
books by courier sent by the authors. I want
to make Booklet a platform for budding
Indian authors to get popular
ARE INDIAN GOOD READERS WHEN
IT COMES TO READING HABITS?
AD: It’s wrong to say that the youth of India
is not reading. They are reading. But the
wrong stuff. They are reading Santa Banta
jokes, Alia Bhatt PJs, jokes on Pappu and
those ugly non-veg jokes being floated on
WhatsApp and other social media. An
Indian, on an average, opens WhatsApp
atleast 40 times in a day! So they are
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www.OshoNOW.net +91 98605 08605 meditation@oshonow.netreading a lot! I am just trying to give them
the right stuff to read!
But Booklet is only for 2 types of people:
Those who like to read and those who don’t
like to read. Hahaha..
AS A FIRST GENERATION ENTREPRE-
NEUR, WHAT LESSONS DID YOU
LEARN?
I think most of us give too much importance
to the idea. We dwell on it too much.
We get a thousand ideas when we are sitting
on that toilet seat. But what do we do about.
it?
According to me, the idea is only 10 per cent;
90 per cent of it is about execution and
executing (it) as soon as possible
YOUR UPCOMING PLANS
AD: I have an ambitious plan to make
“Booklet” the biggest social enterprise of
India. Want to introduce a new breed of
entrepreneurs in| India ie. Social
Entrepreneurs where primary objective is
not wealth maximization but adding value to
the society with money as a by-product of the
process.
Soon coming up with “Booklet Hindi” and
“Grandma's Booklet” for kids.
Facebook: facebook.com/bookletapp
LinkedIn: linkedin.com/in/amrutdeshmukh
® ems
@ nena
@ van
@ mo
Tharewas cea esty mannan +
How FORTUNATE THAT YORI
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ET a=) sl eye) 74Thirteen years after launching and less than
five years after hitting 1 billion, Facebook
now has 2 billion monthly active users. Two
billion makes Facebook the largest social
app in terms of logged-in users, above
YouTube's 1.5 billion, WeChat’s 889 million,
Twitter's 328 million and Snapchat’s
estimated 255 million (extrapolated from its
December 2015 ratio when it had 110 million
daily and 170 million monthly users).
Beyond YouTube, only Facebook’s other
apps have more than 1 billion, including
WhatsApp and Facebook Messenger, with
1.2 billion each. Instagram might soon join
that club as it recently rocketed past 700
million.
“We're getting to a size where it’s worth
really taking a careful look at what are all
the things that we can do to make social
media the most positive force for good
possible,” Facebook Chief Product Officer
Chris Cox told TechCrunch about the
company’s milestone. “There’s
definitely a deep sense of responsibility in
every part of the company,” Cox added
“We're getting to the scale where we have to
get much better about understanding how
the product has been used.” That’s why he’s
been traveling around the world doing user
research. And it's why Mark Zuckerberg has
new
been crisscrossing the country on a listening
tour that many people cynically assume is
the start to a run for president, despite the
CEO's denials.
In a decade, the social network has
transformed people's relationships, privacy,
their businesses, the news media, helped
topple regimes and even changed the
meaning of everyday words.
“A more open and connected world is a
better world. It brings stronger
relationships with those you love, a
stronger economy with more
opportunities, and a stronger society
that reflects all of our values,” wrote
Zuckerberg.
Facebook made the world smaller, and it's
the most obvious, yet arguably the most.
important element of Facebook's early
legacy. Whether you're chatting with old
college friends abroad, or messaging your
roommate from down the hall, Facebook
has solidified itself as an important tool for
staying in touch with those you love, as well
as those you met briefly.
Facebook is no longer the only social
network that helps us share our lives, but it
definitely got the ball rolling. Your photos,
your thoughts, your favorite videos, movies,
and books — what used to be personal is
now plastered on your social profile, and
almost everyone is guilty of oversharing at
one point or another.
You can’t change the way people share if
you don’t also change the way they
consume. Facebook users don’t just post
about their personal lives; they also post
news and content that are important to
them. Political news, sports scores, funny
videos — on Facebook, it’s all fair game.
Facebook has lots of data, and it was
collected from you (or users just like you).
Facebook knows our names, our schools,
our friends, our favorite sports teams. It
knows what types of brands we like, and
what music we listen to. For more than 2
billion people who use Facebook each and
every month, this is acceptable.
Much like former U.S. President John F,
Kennedy used television to his advantage
during the 1960 presidential campaign,
JULY 2017 HelloBiz | 27President Barack Obama used the Internet
—and specifically Facebook — to cruise past
competitor John McCain in 2008.
The collective power of Facebook was on full
display when the Middle East was flipped
upside down during a number of collective
uprisings known as the Arab Spring.
Facebook served as a place for rebel leaders
to share news, engage in discussion and
ultimately recruit others to their cause. The
result was new heads of government in four
different countries, including Tunisia, Egypt,
Yemen and Libya.
The rise of social media, particularly
Facebook, forced brands to rethink how they
deal with customers. Now, if someone
complains on a brand’s Facebook page or
Twitter account, a customer-service rep
responds. News travels fast on social media,
and the last thing a brand wants is for an
angry customer to tell all his friends about a
poor experience.
When Mark Zuckerberg set about developing
the first Facebook prototype, he intended it
initially to connect only a couple of students
on his campus. A little over a decade later,
this social media app has reached and
connected more than 2 billion monthly users
all over the world, transcending
geographical, social, cultural, and religious
barriers. Today, Facebook has emerged as a
tool that has brought a total difference to
how people communicate, share thoughts,
promote their views and opinions, and even
influence their respective communities.
Though initially Facebook was meant for
college students, it’s grown to include
virtually everyone from your grandson to
your great-grandfather. And it’s become an
especially useful tool for businesses.
Facebook is such a big part of market
branding nowadays, it’s hard to think back
on a time without it. Today, it’s not that.
you're just missing out on a form of free or
cheap marketing if your business doesn’t
have a Facebook page, but, even worse your
brand will be considered irrelevant without
one.
“I'm on Facebook.”
It's very common these days to have a
conversation with a person, and when you
ask how to contact them in the future, and
prompt comes their reply.
You don't need a phone number or email
addresses these days because Facebook is
quickly becoming our preferred method of
contact, not only in our personal lives, but
also for business. If you don’t have a
business card on you, Facebook is there to
the rescue.
Today's businesses need a social media
presence in order to be able to stay
competitive and present. Businesses are
expected to be active on a variety of
platforms, especially Facebook, ‘'witter,
LinkedIn and Instagram, with other
platforms rising each year. However, these
four are the most effective for businesses to
establish their presence, which offers many
benefits to a business's success. Lets look
how they benefit business in various ways.
Making Closer Connection to
Customers
Social media is all about getting personal,
and Facebook offers businesses a way to
communicate more directly with customers.
When a company posts a photo of the gang
at the office on Facebook, it’s giving a face
to the people behind the desks.
Offering Greater Chances for Creativi
Whether you're setting up a contest or
making a special photo illustration for your
front page photo, Facebook has endless
ways to get creative.
ly
JULY 2017 HelloBiz | 28Showing How Popular You Are
Let’s face it, Facebook is a status symbol.
When someone comes to your site and sees
that you have 80,000 Facebook fans, they're
going to trust you a bit more than a site that
has 800 fans.
Prompting New Ways to Advertise
Facebook Ads have become a vital part of any
company’s media plan, offering a way to
finely target your audience through a variety
of customizable ad options.
Encouraging Greater Transparency
Facebook has given customers the ability to
ask questions directly to a business when
they are dissatisfied with a purchase or want
to find out more information about a product.
Driving Conversations
What better way to discover what your
company can do better than asking people
directly? Facebook gave businesses a direct
connection to their customers to find out
what they can improve on.
Spreading the Word
Facebook has given customers a way to
recommend brands to their friends and in
essence become brand ambassadors based on
what they like and don’t like on the site. It's
compelling to see that your friend has liked,
say, a certain cosmetic center when you're
looking for a doctor to do acne treatments.
You want someone who you can trust and ifa
friend refers them they become that much
more trustworthy.
Hiring
These days it would be unthinkable to hire
someone without first checking their
Facebook page. A few years ago, this was a
great way to weed out immature candidates,
though young people have now gotten more
careful about what they post.
Improving Market Research
Why conduct a pricey consumer survey
when you can get all the market research
you need simply by posting a few questions
on Facebook?
Gaining Insights
The many Facebook analytic tools offer
great insight into who likes your company
and it may not be who you though, sparking
new ideas for how to reach out and who to
target. Here are four of the most effective
for businesses to establish their presence,
which offers many benefits to a business's
success.
Cost Effective Marketing
You need to advertise your business in
order to let people know it exists. With
these platforms, you don’t need any money
to get started on your marketing. Your
business pages are free and can be shared
an unlimited number of times. To get the
most exposure, you will need to write and
share high-quality content. Also, let your
personality show through on your posts and
comments. People like to know that there
are real human beings behind a business,
so reply to their comments, have a tasteful
sense of humor, share industry-related
news and keep sales posts down to about 20
percent of your total posts.
Build Brand Loyalty
Share your customer's experiences and try
to be helpful when you write your content,
without expecting a sale in return. Posting
great content can build trusts in your
business and can build loyalty for your
company. Just be honest, humble, and
down-to-earth and people will follow you.
Keep Customers Informed
Your business pages are a great way to
keep your customers informed of anything
JULY 2017 HelloBiz | 29that may come up that could impact
customers. If you have some sort of delay,
you can keep customers informed quickly
and easily. All you need to do is post once and
share the post on several platforms. Your
customers will appreciate the heads up and
be more likely to return to you in the future.
The Best Platforms for Your Business
If your business markets
Business-to-Customer (B2C), your needs are
different than advertising for a
Business-to-Business (B2B) —_ company.
According to Ashley Zeckman of TopRank
Marketing, marketers consider different
platforms more important than others based
on your business needs.
There are some powerful ways for businesses
to leverage Facebook for free. Here are 10
ways you can still use Facebook to promote
your business for FREE!
Create a personal business presence
using a fan page.
One of the major strengths of social media
marketing is its ability to create
relationships between businesses and their
audiences, The person-to-person interaction
that can happen on social media makes
consumers feel that they have encountered a
brand in a meaningful way, and that they
now have a special connection with that
company. So imagine how much this feeling
is intensified when that consumer is
interacting not just with “the brand,” but
with the person behind that brand!
Depending on your personal social media
habits, you may or may not already have a
personal Facebook account. If you do, and
you prefer to keep your personal profile
private, Facebook will allow you to create a
page for your public, professional persona, as
well, Otherwise, you can use your personal
profile to interact with consumers,
Gain a following by engaging with the
people who frequent your brand’s page.
Here’s what our PM Narendra Modi’s,
personal page looks like:
Maintain a robust brand presence.
While it’s true that your company's
Facebook posts most likely won't show up
in your audience’s news feeds without
paying to promote them, that doesn’t mean
that you should stop posting them on your
brand’s page. People today often use
Facebook as a search engine to find out,
more about a company, whether that means
basic info like contact information and
hours of operation, or what customers have
to say about them. A robust, active page
that’s full of regular posts and lots of
audience engagement is a great way to
showcase the fact that your customers
aren’t just satisfied — they're enthusiastic!
Here’s page for BJP:
«
e
a
.
s
e
.
==
im
JULY 2017 HelloBiz | 30Join Facebook groups.
While most people think of LinkedIn first
when they think online networking,
Facebook groups actually offer a similar
opportunity for professionals. There are any
number of Facebook groups dedicated to
various industries, professions, and
interests. You can use your personal account
to join groups of colleagues, as well as groups
where your target audience is likely to be
found.
‘The more you contribute to the conversations
taking place in these groups, the more your
name will become recognized — and
synonymous with industry leadership and
expertise. The only thing to watch out for
here is never to come across as salesy in your
discussions — the quickest way to turn off
this potential stream of leads and
connections is to start promoting your
business instead of offering genuine advice
and thoughts.
You can customize your search for groups
based on various keywords — and Facebook
also makes suggestions, based on your
profile. Here are some groups Facebook has
to offer in the field of “Pets:”
Create your own group.
Can't find a Facebook group that really fits
what you're looking for? Create your own!
You can add members, publish articles, carry
on discussions, and probably meet quite a
few prospects. The fact that you own the
group and control the conversations
automatically grants you industry
leadership status in the eyes of your
members, which can only help when they
realize they need the product or service you
provide.
List your events
Hosting a webinar or speaking somewhere?
Create an event page and invite friends and
people in the groups you're in. You can even
see how many RSVP and get feedback from
attendees.
Here’s a sample of an event:
OP RIE eae A
Syndicate your blog
If you know that you won't remember or be
able to find the time to share your
company’s blog posts on your Facebook
page or profile each week, you can
automate the task. There are many
different online tools you can use to do this,
from simple plugins for WordPress to suites
of digital marketing software that will
automatically post each new blog post. to
your Facebook page for you. More Exposure
= More Traffic = More Leads.
Ask your network to share blog posts
Speaking of posting your company’s blog
posts on your personal page or profile, you
should also ask your team of employees and
partners, your current customers, and even
your personal friends and family to share
JULY 2017 HelloBiz | 31your company’s posts on their personal
Facebook profiles, as well. This is called
cross-pollination.
“Cross-pollination incorporating
every single resource your company has into
your marketing strategy, allowing e:
inform your use of the others. With
of these typically untapped
contributing to the mix, you create
something new and powerful from the
synergy, and your marketing momentum
grows dramatically as a result.”
By tapping into the reach that personal
profiles can still achieve with their posts, you
can get your content out to new audiences —
for free!
means
resources
Reach out!
Are you a fan or admirer of someone's work?
Reach out to them on Facebook! Many people
check their Facebook messages more
regularly than their email. They are also
more likely to respond to Facebook messages.
Don’t feel comfortable sending out a message
to someone you don’t know? No worries!
Leave them a “I enjoy your work!” blurb on
their wall. When posting on different pages
make sure you post as your business and not
your personal account.
Stream live video with Facebook Live
The intimacy and immediacy of live video
creates the sense for your viewers that they
are getting a behind-the-scenes peck at the
real you — as well as enticing them to stick
around to watch much longer than they
would a regular video, because of the
unpredictability of live video.
Here’s an example of an Facebook Live
Create a community
Perhaps Facebook's greatest benefit is that
it allows you to create a community. It
provides you a group of people who are
constantly connected to you, and are open
to hearing your message. Engage with
people authentically, whether that means
writing on their walls, responding to their
comments on your own, conversing in
groups, or introducing people to each other.
Before you know it, you'll have created a
community of friends who look favourably
on you and your business — and all for free.
The growth of Facebook is the success story
of our times. The social media giant has
astonished with its development and the
way it's shaped an entire generation,
getting hundreds of millions around the
world hooked on social networking. Over
the years it has evolved considerably,
though its ethos has remained the same - as
has its familiar white and blue color
scheme.
The evolution of Facebook as a business
teaches us valuable lessons about seeing
new opportunities and changing busine:
goals. Here are a few.
Begin with a solid idea and a clear
purpose
No one could have foreseen the kind of
success Facebook has now achieved when it
first started out as a social network for
university students in Harvard, but the
JULY 2017 HelloBiz | 32the idea obviously resonated with many
people.
Not just students, but people everywhere are
very eager to know what's going on in the
lives of those in their social circles. People
love to share and to think out loud. Everyone
loves to have an audience, however small it
may be. Facebook’s success, and that of other
networks, this
fundamental principle — allowing people to
share information and cultivate
relationships.
The lesson:
similar rests on one
Ideas and vision power
successful businesses. They guide a company
through its ups and downs, and help it scale
newer heights. More than innovative, an idea
has to be sound in order to be successful.
Change is rishy, but an opportunity to
grow
When you're as popular as Facebook,
tinkering with anything is a risk. People
usually don’t like change - they might even
hate it if they;re comfortable with the
existing ways. But change is also inevitable.
It’s a sign of progress and evolution.
Facebook began with a basic interface in
February 2004. It contained profiles of its
users and updates about who had befriended
whom, There was little else going on. A
couple of years later arrived the News Feed,
the first major change on the network, as it
moved beyond colleges and towards general
public. By 2008, Facebook had a significantly
different and refined look. In 2010 the
network opened up to businesses/brands for
them to have dedicated Facebook pages and
invite fans/followers to connect with them.
Now we had almost everyone joining the
network, ballooning its numbers.
The year 2011 saw the introduction of the
Timeline, accompanied by a big cover photo
at the top of the page. There were also
numerous other small updates and
refinements that Facebook made to its site
in order to improve its aesthetics as well as
enhance the user experience.
These changes were not always accepted
happily. In fact, many were very vocal
about their displeasure with them, yet the
network continued to see greater usage and
bigger follower bases.
The lesson: Change can be scary but don’t
let that fear hold you back, or you risk
stagnation. When you're able to execute the
changes well and convince the
users/customers of the usefulness of the
new features, they will learn to accept
change — embrace it, even
When you mess up, accept the mistakes
and rectify them
It’s natural to falter as you grow and
undertake changes. Privacy advocates have
often criticized Facebook for its confusing
settings and for failing to adequately notify
users of the risks to their privacy.
In an open letter penned by founder Mark
Zuckerberg himself, Facebook apologized
for not providing users with adequate
control over their privacy settings and
proposed to correct it. This was way back in
2006 and was only the first of the apologies
from Facebook. A couple of years ago the
company apologized once again, this time
for carrying out “secret psychological tests
on 700,000 of its users in 2012.”
JULY 2017 HelloBiz | 332004
0-1 MILLION USERS
thefacebook.com officially drops “the” and
becomes Facebook. Adds US high school and
international school networks.
2006
12 MILLION USERS
Marketplace, Facebook Ads, video and
mobile platform all launch.
2008
150 MILLION USERS
‘The “Like” button is launched.
2010
600 MILLION USERS.
Oregon data centre opens, Video Calling and
Facebook for iPad are introduced.
2012
OVER 1 BILLION USERS
Donate button launches, and Instagram
passes 100 million users.
2014
1.39 BILLION USERS
Messenger application launches as well as
Live video for public figures
2016
1.86 BILLION USERS.
Facebook confirms it expects to pass 2 billion
monthly users in 2017. The company begins a
crackdown on fake news after being accused of
failing to tackle the problem during elections.
Mark Zuckerberg, Dustin Moskovitz, Chris Hughes,
Andrew McCollum and Eduardo Saverin launch
thefacebook.com, a social network for US college
students. 1 million are active on the network by the
end of the year.
2005
6 MILLION USERS
Facebook expands registration beyond high school
and college students so anyone, anywhere can join
the network.
2007
58 MILLION USERS
Spanish version of the platform and iPhone
application launch, alongside the introduction of
the chat function,
2009
360 MILLION USERS
Construction begins on a custom-built data centre
in Oregon, and Facebook Places launches.
2011
845 MILLION USERS
Facebook passes the 1 billion user mark in October
2012. Earlier in the year, the company acquires
Instagram and launches on the NASDAQ stock
market.
2013
1.23 BILLION USERS
Trending function launches and Facebook
announces acquisitions of WhatsApp and Oculus.
2015
1.59 BILLION USERS
Facebook Live is rolled out to all users, and
Messenger passes 1 billion monthly users.
2017
JULY 2017 HelloBiz | 34What started form a Harvard dorm is now a
global phenomenon. A phenomenon called
Facebook and no one today is left untouched
by it. Yes! Even my mom is on Facebook and
yes I have accepted her friend request as
against the latest trend of not accepting. But,
for sure, the rise and the rise of Facebook as
a giant touching our daily lives is something
to be learnt upon and to be implemented in
our daily lives. Breaking news on social
networks wa
among 18
suggesting a generational shift in news
consumption. So, lets do our daily work and
keep Facebooking...
s found to be more popular
year-olds in all countries,
Sil ECS Cb
OV; NIN Cea
HN) THAT 15
CHANGING 1
STONEY TN aaa
15 GUARANTEED TO FAIL 15
NOT TAKING ANY RISKS’
MARK ZUCKERBERG
~LWEBeeeeBaeeea
wSocial
Social Research
and Revenue
‘The Likethoodof purchase
(CMO's ogre that social efforts
have a measurable mporton
98%
BeRERBEE
(MO'2agres thet social datas atleast somewhat
srfective nindiatingconsumer
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HelloBiz, | 35ecnno ogies
#Creativeldeas #DigitalCanvas
we help businesses to prosper in online marketplace
branding | web | app
just say hello
022 2534 2299 | info@horizontech.inSTARTUP JOTTINGS
LATEST STORIES FROM AROUND THE NET
Whatsapp to go UPI way; in talks with SBI
and NPCI
Whatsapp, the global messaging application,
is in talks with the State Bank of India, the
National Payments Corporation of India and
a few other financ’
1 institutions to allow its
payments via United
Payments Interface (UPI), which facilitates
instant fund transfer between two bank
accounts on the mobile platform. A senior
SBI official commented that “Due to the
complexity of the architecture, WhatsApp is
in discussions with the State Bank of India,
NPCI and few other banks to devise ways to
integrate their systems. We are currently at
the ‘proof of concept’ stage, looking at ways to
integrate it with our back-end”
users to make
If the system is approved by the financial
institutions, then WhatsApp will identify the
recipient and the UPI layer will allow funds
to get settled between two parties. Similar
technologies have been adopted by apps such
as Truecaller, which has worked with ICICI
Bank to implement UPI based payments.
Hike Messenger, too, has started UPI-based
payments in collaboration with Yes Bank
Though the popularity of Whatsapp is
recognizable, the security of the transactions
is an issue which the institutions are afraid
about. An executive commented that “Some
security protocols will need to be
implemented around payments through
WhatsApp. If it decides to use Aadhaar, then
we will have to enable biometric
authentication”
Source: www.startup360.news
Uber Founder Travis Kalanick Resigns as
CEO
Travis Kalanick, co-founder of Uber, has
resigned from his position as CEO following
the chaos going on in the company.
“T love Uber more than anything in the
world and at this difficult moment in my
personal life I have accepted the investors
request to step aside so that Uber can go
back to building rather than be distracted
with another fight,” Kalanick said in a
statement.
Two weeks ago Uber fired about 20
employees over incidents of harassment.
The company also fired its APAC Business
Head Eric Alexander for allegedly obtaining
the medical reports of a Uber rape victim.
Travis Kalanick recently took a leave of
absence, but the shareholder indicated that
this is not enough for some investors who
have pumped millions of dollars into the
ride-hailing company.
Kalanick has stepped down in the face of
pressure from five of Uber’s largest investors
which invested in Uber at an early stage
The list of investors includes Benchmark,
First Round Capital, Lowercase Capital,
Menlo Ventures and Fidelity Investments.
In addition, Uber has been dealing with an
intellectual property lawsuit from Waymo,
the self-driving car business that operates
under Google’s parent company, and a
federal inquiry into a software tool that
Uber used to sidestep some law
enforcement.
Source: www.thestartupjournal.com
JULY 2017 HelloBiz | 37BigBasket enters into 60-day Exclusive
Agreement for a Possible Sale to Amazon
Online retail giant Amazon has signed a
60-day exclusivity agreement with online
grocery startup BigBasket over a potential
acquisition, Within this period BigBaskte
can’t negotiate a sale offer with any other
company. However, it doesn’t stop it startup
from seeking investments.
Valued at $450 Mn in last round of funding,
BigBasket wants a valuation of $700 Mn
from this sale.
Reports suggest that BigBasket had
mandated Morgan Stanley for a $150 million
fund-raise, which was expected to close by
April. But, it seems that the funding round is
not going through, and thus, BigBasket went
back to the table with Amazon and signed
the exclusivity agreement.
has
and
Bangalore-headquartered _ BigBasket
raised nearly $250 million so far
registered an over-three-fold increase in
revenue to Rs 563 crore for the financial year
ended 31 March 2016. BigBasket has
expanded its operations to over 30 cities from
six last year and signed up Bollywood actor
Shah Rukh Khan as brand ambassador. It is
betting big on its private-label business and
expects to become profitable by March 2018.
Amazon has proposed to invest $515 million
over the next five years into India’s
food-retailing sector. It currently already
offers online delivery of groceries and daily
essentials through its app Amazon Now and
its online supermarket service Amazon
Pantry.
Source: www.thestartupjournal.com
Rocket Startup Gilmour Space Raises $3.7
Mn From Blackbird Ventures And 500
Startups
Gilmour Space, a Singapore-based space
technology startup has raised $3.7 Mn from
Australian venture capital firm Blackbird
Ventures led the round. Other investors
include 500 Startups.
The rocket startup was founded by brothers
Adam and James Gilmour in Queensland in
2013.
While companies like SpaceX is spending
billions in launching rockets and satellites,
Gilmour is eyeing a different corner of the
market. It wants to produce even cheaper
rockets, designed for smaller satellites that
fly much closer to the earth.
With the fresh round of funding Gilmour
Space Technologies will look to continue the
development of its low-cost rocket
technology towards the first. commercial
launch into suborbital space, slated for the
end of 2018. It
headcount.
also will increase its
Gilmour Space has also received a grant
from Singapore's National Additive
Manufacturing Innovation Cluster, a
government-formed initiative to boost 3D
printing manufacturing capabilities for the
city-state. The startup will work with the
University of Technology and Design on
aerospace-related 3D printing projects.
Source: www.thestartupjournal.com
JULY 2017 HelloBiz | 38Swiggy Raises $80 Million From Naspers
And Existing Investors
South African media company Nasper has
pumped $80 million into the online food
delivery start-up Swiggy in the series E
funding. Ashutosh Sharma, head of
investments in India for Naspers will join the
board of the company as part of the deal.
Existing investors Accel Partners, SAIF
Partners, Bessemer Venture Partners,
Harmony Partners and Norwest Venture
Partners also participated in the funding
round,
The new round of funds is to be used for
technological advancements, _ including
automation, data sciences, machine learning
and personalization.
“In a span of three years, Swiggy has been
instrumental in changing the way India eats
by delivering delightful consumer
experiences. As the market leader, we are
leveraging our deep understanding of the
Indian consumer and the gaps in the market
to introduce disruptive and highly
differentiated service offerings,” Sriharsha
Majety, co-founder and chief executive at
Swiggy, said in a statement.
The online food ordering segment has been
severely hit within the last couple of years
with start-ups like Dazo and Eatlo shut shop
and many got acquired.
Swiggy currently operates in eight
cities—Bengaluru, Delhi, Mumbai, Chennai,
Pune, Gurgaon, Hyderabad and Kolkata. The
company is also piloting its own kitchens in
Bengaluru.
Source: www.thestartupjournal.com
Ather Energy Ropes In Venkatesh
Padmanabhan As CEO
Bengaluru-based electric two- wheeler
startup Ather Energy, in which Hero
MotoCorp is an investor, today announced
appointment of Venkatesh Padmanabhan as
its Chief Operating Officer.
Padmanabhan, the former CEO of Royal
Enfield, will head supply chain, quality,
manufacturing, and service delivery at
Ather.
Ather Energy CEO Tarun Mehta said: “He
(Padmanabhan) has a strong knowledge
base of operational requirements for an
automotive company, especially
two-wheelers. His network and _ his
experience in the industry is a valuable
asset for a young company.”
His exposure to manufacturing processes in
India will prove a strategic advantage as the
company close in on the production of the
$340 model, Mehta added.
Padmanabhan is an auto industry veteran
having worked with the likes of General
Motors and erstwhile Daimler Chrysler.
Ather Energy has so far received funding
from Hero MotoCorp, Tiger Global and
Flipkart founders Sachin and Binny Bansal.
Source: www.bizztor.com
Cabinet To Approve Creating Rs2,000
Crore Startup Fund By July-End
The Union cabinet is expected to approve
setting up of a Rs2,000-crore credit
guarantee fund by July-end with a view to
providing funding facilities to start-ups, a
top official said on Monday.
The secretary of the department of
industrial policy and promotion (DIPP),
Ramesh Abhishek, said the fund would be
JULY 2017 HelloBiz | 38collateral. He said that last week, the
proposal was approved by the finance
ministry. Under this, Rs2,000 crore will be
disbursed over a period of three years.
“One startup will get a maximum of Rs5
crore. We are hoping to get the cabinet
approval on this by end of July to
operationalise this fund,” he said during the
launch of Startup India Hub portal. He said
that about 7,500 startups will benefit from
this corpus and it will generate an additional
funding of Rs15,000 crore.
Since the launch of Startup India action plan
in January 2016, Abhishek said Rs960 crore
of funds were disbursed to different startups.
The DIPP has put 1,000 facilitators for
intellectual property (IPR)-related issues
besides setting of 547 tinkering labs under
Atal Innovation Mission.
“358 startups were facilitated for IPR, 1333
were recognized as startups, 39 startups
were given income tax benefits and we are
reviewing all other cases regarding this.
These numbers are going to multiply this
year as we have changed the definition of
startups,” he said, adding that under the
‘Fund of Funds’ scheme, over Rs1,100 crore
were disbursed last fiscal.
This year, the DIPP has sought Rs1,600
crore more from the finance ministry.
Talking about the Startup India Hub portal,
Abhishek said this platform will help all the
budding entrepreneurs who want to seek
information related to government's scheme,
about mentors, funders, and accelerators
Consumer lending startup MoneyTap has
raised $9 million in a funding round led by
Sequoia India. Existing investors NEA and
Prime Venture Partners also participated in
the round.
Source: www.bizztor.com
Online Loans App MoneyTap Raises $12.3
Million
Founded in 2015 by Bala Parthasarathy,
Anuj Kacker, and Kunal Varma, the platform
provides credit to salaried employees and
self-employed professionals through an app.
It is in talks to partner with six banks for
this, apart from its existing partnership with
RBL.
MoneyTap targets salaried individuals
earning upwards of Rs 20,000 every month
and evaluate within a few minutes if they're
eligible to avail a line of credit of up to Rs 5
lakh. The company uses a customer's credit
score, transaction history and other data that
is fed into proprietary algorithms to decide on
behalf of the bank if the borrower is a safe bet.
“We are uniquely placed wherein we sit on
top of banks and NBECs. After downloading
our app a consumer can within five minutes
know if they are eligible for borrowing credit.
They can then complete the KYC formalities
on their phone and can borrow any amount
under the limit they are eligible for,” said
Bala Parthasarathy, co-founder, and CEO of
MoneyTap.
Comparing the concept to overdraft facility in
banks, he explained: “Say you get approval
for Rs1 lakh, but you don't need to take it
immediately. You take it and keep it in your
app. There is no fee other than a small
setting-up cost, until you take the money. But
let's say you urgently want Rs25,000
sometime three months later, you just have
to swipe and the money will be transferred to
your bank account.”
The service is aimed at borrowers who are
underserved by traditional banks and
lending institutions due to their poor or
non-existent credit score, the company said.
Source: bizztor.com
JULY 2017 HelloBiz | 39Govt Asks Startup Entrepreneur To
Surrender His Firm’s Web Identity
The National Internet Exchange of India
(NIXD has sought cancellation of a domain
by the name of “StartupIndia.in”, owned by a
Delhi-based startup entrepreneur, which he
got registered in February 2014 — about two
years before Prime Minister Narendra Modi
launched the ‘Startup India’ program —
according to report published in
moneycontrol.com
The demand to cancel the domain came last
week on the request from Department of
Industrial Policy and Promotion. In an email
reviewed by Moneycontrol, sent by the
National Internet Exchange of India (NIXI) to
the entrepreneur on May 29th, it is mentioned
that the “domain is misleading and is in
violation with the Startup India program.”
The domain for the government's initiative is
startupindia.gov.in. While on the face of it, it
looks like similar looking domain names are
causing troubles for the government’s
initiative, it wasn’t immediately clear as to
how the same was “in violation with the
Startup India program”, considering that the
portal was started way before the
government started its initiative.
The company is being run as an advisory
service provider to tech-based entrepreneurs.
The website — ‘StartupIndia.in’ has now also
put up a disclaimer citing that it has nothing
to do with the government’s initiative of
Startup India and that it is a website of the
Startup India Advisory Services Pvt Ltd, a
company incorporated in the Ministry of
Corporate Affairs in July 2015.
An email sent to Ramesh Abhishek, Secretary
DIPP and NIXI remained unanswered till the
time of publication of this story.
Source: bizztor.com
Lenskart To Open 400 Stores In 2 Years;
Invest Rs 100 Crore
Ratan Tata-backed eyewear retailer
Lenskart plans to invest over Rs 100 crore
on business expansion, including opening of
400 stores, in the next two years.
‘The company, which has a strong online
presence, is eyeing a total of 700 stores by
March 2019 by targeting small towns, tier I
and III cities.
“As of now we have 300 stores across India
and in the next two years we plan to open
another 400 stores,” Lenskart CEO Peyush
Bansal told PTI.
The current Lenskart stores in over 80 cities
are based on a franchise model, he added.
When asked about investment for the
expansion, Bansal said the company will be
putting in capital primarily around building
back-end supply chain, while franchises
would invest in opening stores.
“For us the total investment would run to
around Rs 100 crore primarily to build the
supply chain, to be able to service all our
stores and also train staff,” he added.
Elaborating on the company’s expansion
strategy, Bansal said it so far has received
good response from the tier I cities and was
looking to expand its footprints in small
towns.
“We have started entering some of these
small cities. We have opened a store in
Lucknow, one will soon be opened in
Bareilly,” Bansal said.
On expenditure on brand marketing and
advertising, Bansal said: “We would be
spending close to Rs 140 crore in brand
marketing and advertising over the next two
years, apart from the _ back-end
expenditure.”
JULY 2017 HelloBiz | 40Lenskart has raised over Rs 700 crore from
investors, including Ratan Tata, IFC
(venture capital arm of the World Bank) and
Kris Gopalakrishnan (Infosys co-foundex),
among others.
In September last year, the company had
raised an undisclosed amount from Premji
Invest the investment office of Wipro chief
Azim Premji.
Source: www.bizztor.com
Facebook's “SheLeadsTech” support
Women Entrepreneurs
“SheLeadsTech”, a facebook initiave that
focuses on supporting aspiring women
entrepreneurs who do not have opportunity
and proper channel so that they can come up
with somthing really good and innovative.
Facebook had also talked to other firms and
companies to collaborate such programs so
that more and more women entrepreneur
will get connected and people will be aware
about this. It gives women entrepreneurs
access to resources, tools, mentorship and
other consultancy advices. Facebook has
been reaching out to women entrepreneurs
at offline meetups and promoting the
program. The even was held on 7th June,
2017 and those who could not attend the
meeting can connect to Anjali Bansal
through Facebook. The chief guests for the
day were GlaxoSmithKline, Bata India, Tata
Power and Voltas.
Source: www.eoindia.in
SpiceJet Enters Indian e-commerce
Market with SpiceStyle.com
SpiceStyle, initially conceived as an in-flight
service, is a wholly-owned subsidiary of
SpiceJet. and an e-commerce _ portal
‘www.spicestyle.com’ has been set up in this
regard.
At SpiceStyle.com you will find some of the
best quality products carefully ‘curated’ and
‘hand-picked’ by a team of specialists. And
that is why every product in the roster
comes with the promise of exceptional
quality, and offers unmatched value to the
consumer.
“SpiceStyle promises to provide customers
with the same brand experience as the
parent airline enabling them to travel in
comfort and style. In this new exciting
journey, we shall be partnering with leading
e-commerce marketplaces to distribute our
exclusive range of products, which can also
be ordered onboard our flights as well as on
SpiceStyle.com,” Ajay Singh, CMD, SpiceJet
said.
The company has roped in fashion designer
Rohit Bal to run a curated section on its own
portal. With this venture, the company
would become the first Indian airline brand
to sell its own branded merchandise on
online marketplaces
Source: www.techstory.in
Insurance Tech Platform Coverfox Raises
$15 Million
based Insurance tech platform Coverfox has
reportedly raised $15 million as a part of
Series C funds from US insurer
Transamerica, with participation from
existing investors Accel Partners and SAIF
Partners who led a $12 million Series B
round back in April 2015.
The company which currently provides
brokerage services for car, bike, health,
travel and home insurance products was
incorporated in 2012 as Glibberbug
Technologies to develop technology for
insurance firms by IIT Bombay alumni
JULY 2017 HelloBiz | 41Varun Dua and Devendra Rane.
The current round of funding would value
the company anywhere between $70 million
and $100 million and it is also reportedly in
talks with Fosun, along with other investors,
who could also invest in Acko General
Insurance, the company launched by
Coverfox co-founder Varun Dua.
According to a separate e-mail response by
Varun to Inc42,"It is premature to talk about
it conclusively at this stage. Once confirmed,
we will be making a formal announcement.”
It is noted that Acko had already raised a
mammoth $30 million in its seed round last
month led by SAIF Partners, Accel Partners,
Catamaran Ventures, former Infosys chief
executive Kris Gopalakrishnan and
Hemendra Kothari, chairman of DSP
Blackrock.
The Insurance Tech space in India is mostly
covered with aggregators and marketplace
for insurance providers. Other companies in
the insurance space include the likes of
PolicyBazaar, Skymet and Turtlemint. The
increased penetration of mobile internet,
maturity of non-institutional transactions,
and reliable consumer credit profiles can
help develop new insurance models that
service both individuals and small retailers —
for example, OneAssist provides insurance
against mobile phone loss/theft,
Friendsurance in Germany offers P2P
insurance, consumer durables insurance, etc.
Source: www.techstory.in
Boltt Sports leveraging _ artificial
intelligence in its application for better
healthcare monitoring
Bolt, a personal health assistant
application created by Boltt Sports
Technology, tracks health, training, sleep
and nutrition, and gives real-time voice
coaching and interactive _ feedback
throughout the day based on artificial
intelligence. Founded in 2015 by Aayushi
Kishore and Arnav Kishore, the startup also
makes “connected” smart shoes, stride
sensor and fitness trackers. Aayushi
Kishore explained that “We track all
verticals, from nutrition to diagnostics. All
data points get transmitted to the mobile
app, which draws inference and gives
virtual automated feedback. The feedback is
chat and audio based. We connect dots — like
how sleep is affecting your diet, etc. — and
give actionable insights”.
The startup has partnered with Garmin, a
wearable sensors maker, to work on various
sensor forms that capture all forms of body
data. Mark Steele commented that
“Together with Boltt, we have created a
tech-enabled sports training platform called
Specialized Sports Performance. This
platform will analyse data from the Boltt
Stride Sensor and provide real-time
feedback by displaying essential metrics of
training and well-being of each player for
coaches to observe”.
Boltt has received $1 million funding from
promoters and two seed rounds, and aims to
raise Series A funding soon. It is targeting to
launch its products in INR2,000-6,000
range, and forecasts sale of INR5O crore in
current financial year.
Source: www.startup360.news
JULY 2017 HelloBiz | 42Sa SU LD)
FINANCIAL SAVINGS.
So after taking the plung, and providing for
adequate liquidity at office and home, we
look at the next step in financial planning.
That is Security.
The first asset class one has to touch in
financial planning is always about risk
protection. Security. Yes.
guessed. Its Insurance.
At business level, one has to take two basic
insurances. One is a office protection policy.
You must have
It is a umbrella policy covering everything in
your office. Amongst other things, it covers
fidelity of staff, personal accident, break-
down of office equipment, Publi
well as Workmens Compensation whic
your legal liability towards your employ
who are not covered by ESIC. The policy
uniquely
accommodation if your office meets with fire
or other peril. Its a beautiful product to be
studied on website of any general insurance
Just google “Office Protection
covers even rent for alternate
company.
Shield”.
ional career
like CA, Lawyer, Engineering or Architect
must buy Professional Indemnity Policy. In
the course of discharging your professional
service, if any damage or loss is caused to
client due to unintentional negligence then
such liability may arise.
After covering you professionally, one should
move to personal insurance. Here we will
quickly cover four types of insurance:
Life Insurance: Just like vehicles are
insured for invoice value or for replacement
value, life insurance is to be bought after
calculating Human Life Value (HLY). Any
professional life insurance agent should be
able to tell your HLY after considering your
income and liabilities. Simply put, one
should be insured for atleast ten times of
annual income. The theory being, in case of
untimely death of income earner, the family
should be supported for loss of income for
about six to ten years.
JULY 2017 HelloBtz | 44Mediclaim: | What is __ basically
Hospitalisation policy has become popular by eee Will GST
its brand or generic name of Mediclaim. It is (Gade & Services
useful for hospitalisation of more than Taxi Bring
twenty four hours. One should have Compliancerrs
Mediclaim of atleast Rs. 10 lacs floater policy Tax Regime?
if staying in a metro city. Medical inflation =
being beyond control, its important to review
the cover after every two years. Do not go by
fancy features. Check whether hospitals in
vieinity of your residence are covered under 5
cashless facility. i BILL ON SK
Personal Accident Insurance :
Surprisingly least popular though most
required for a city dweller. It covers all
types of accident and death or disability
arising out thereof. In case of disability
confining oneself to bed for weeks, the policy
pays weekly compensation. Its an extremely
affordable product with one crore cover
coming at about Rs. 750 per month.
GST will replace all indirect taxes levied on
goods and services by the Indien Central
and State governments.
Tax payment & filing of returns for SMES
will become simpler and transparent.
Ease of doing business end centralised
registration and cancellation procedure
Critical Illness Policy: Another least
known or popular form of insurance. This
policy pays lumpsum or annual payment (as
Cut down in cost and time associated with
‘transportation of goods across states as
GST eliminates any border taxes.
chosen by insured person) in case od
3 Cut down in stacking costs of goods and
diagnosis of any of the critical illness which abc
is listed in the policy. By the way, many of
the Life Insurance policies also offer Critical
Ilness as a rider for paying nominal extra
premium.
So fellow professional friends, as you chase gS | at sade ay ee eee v
your dreams with all fervour, do not fail to tate pal on procuremert)
protect them with the help of insurance.
GST offers unified tax calculation without
differentiating between sales and services.
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Leadership
Is a Contact
Sport
by Marshall Goldsmith and
Howard Morgan
4
up Factor” in
Management Development
Leadership is not just for leaders anymore. Top
companies are beginning to understand thar sustaining
peak performance requires a firm-wide commitment to
developing leaders that is tightly aligned to orga
tional objectives — a commitment much easier to
understand than to achieve. Organizations must find
ways to cascade leadership from senior management to
men and women at all levels. As retired Harvard
Business School professor John P Kotter eloquently
noted in the previous issue of strategy+ business, this ulti-
mately means we must “create 100 million new leaders”
throughout our society. (See “Leading Witnesses,” s+,
Summer 2004.)
Organizational experts Paul Hersey and Kenneth
Blanchard have defined leadership as “working with and
through others to achieve objectives.” Many companies
are stepping up to the challenge of leadership develop-
ment and their results are quite tangible. In Leading the
Way: Three Truths from the Top Companies for Leaders
(ohn Wiley & Sons, 2004), a study of the top 20 com-
panics for leadership development, Marc Effron and
Robert Gandossy show that companies that excel at
developing leaders tend to achieve higher long-term
profitability.
But it sometimes seems there are as many approach-
hip development as there are leadership
developers. One increasingly popular tool for developing
leaders is executive coaching, Hay Group, a human
resources consultancy, reported that half of 150 compa-
nies surveyed in 2002 said that they had increased their
use of executive coaching, and 16 percent reported using
coaches for the first time.
es to leaderYet even “executive coaching” is a broad category. In
reviewing a spate of books on coaching last year, Des
Dearlove and Stuart C
types of coaching: beha
productivity coaching, and “energy coaching.” (See “My
Coach and I,” +44, Summer 2003.) Our own upcoming
book, The Art and Practice of Leadership Coaching: 50
Top Executive Coaches Reveal Their Secrets (written with
Phil Harkins, to be published by John Wiley & Sons in
December 2004), includes discussions about five types
ner identified at least three
joral change coaching, personal
of leadership coaching: strategic, organizational
change/exccution, leadership development, personalllife
planning, and behavioral
Given the increasingly competitive economic envi-
ronment and the significant human and financial capi
tal expended on leadership development, it is not only
fair but necessary for those charged with running com-
work? And if so, ho
‘What type of developmental activities will have the
greatest impact on increasing executives’ effectiveness?
How can leaders achieve positive long-term changes in
panies to ask, “Does any of th
behavior? With admitted self-interest — our work was
described in the CrainerDearlove article, and is fre-
quently
coaching — we wanted to sec if there were consistent
principles of success underlying these different
approaches to leadership development.
‘ited in reviews of and arti
about leadership
We reviewed leadership development programs in
cight major corporations. Alhough all eight companies
had the same overarching goals — to determine the
id
to help leaders increase their effectiveness by better
aligning a
they used different leadership development methodolo-
desired behaviors for leaders in their organiza
ual practices with these desired behaviors —
gies: offsite training versus onsite coaching, short
du
external coaches
tion versus long duration, internal coaches versus
1d traditional classroom-based train-
ing versus on-the-job interaction.
Rather than just evaluating “participant happiness”
at the end of a program, cach of the «i
measured the participants’ perceived increase in leader-
ship effectiveness over time. “
at companies
ncreased effectiveness”
was not determined by the participants in the develop-
ment effort; it was assessed by preselected co-workers
and stakeholders.
‘Time and again, one variable emerged as central to
the achievement of positive long-term change: the par-
ticipants’ ongoing interaction and follow-up with col-
leagues. Leaders who discussed their own improvement
priorities with their co-workers, and then regularly fol-
lowed up with these co-workers, showed striking
improvement. Leaders who did not have ongoing di
logue with colleagues showed improvement that barely
exceeded random chance. This was true whether the
leader had an external coach, an internal coach, or no
coach. It was also true whether the participants went to
a raining progs
nor attend a training program at all.
‘The development of leaders, we have concluded, is
a contact sport.
for five days, went for one day, or did
Eight Approaches
The eight companies whose leadership development
programs we studied were drawn from our own roster of,
clients over the past 16 years. Although all are large cor
porations, each company is in a different sector and each
faces very different compet
ive pressures,
Each company customized its leadership develop-ment approach to its specific needs. Five of the eight
focused: on the development of high-potential lesders,
and between 73 and 354 participants were involved in
their programs. The three other companies included
almost all managers (above midlevel), and. involved
between 1,528 and 6,748 managers. The degree of inter-
national representation varied among organizations. At
two companies, almost all of the participants were
American. Non-U.S. executives made up almost half of
the participants in one company's program. The other
five had varying levels of international participation.
Some of the companies used traditional classroom-
based training in their development effort. In each of
these companics, participants would attend an offsite
program and receive instruction on what the desired
characteristics were for leaders in their organizations,
why these characteristics were important, and how
ipants might better align their own leadership
behavior with the desired model. Some companies, by
contrast, used continuing coaching, a methodology that
did not necessarily involve offsite training, but did rely
on regular interaction with a personal coach. Some com-
panics used both offsite training and coaching.
Along with differences, there were commonalities
among the programs. Each company had spent exten-
sive time reviewing the challenges it believed its leaders
would uniquely face as its business evolved. Each had
developed a profile of desired leadership behaviors that
had been approved by upper management. After ensur-
ing that these desired leadership behaviors were aligned
the company vision and values, cach company
developed a 360-degree feedback process to help leaders
(as
perceived by co-workers) matched the desired behavior
for leaders in the corporation. All cight placed a set of
expectations upon participants. The developing leaders
understand the extent to which their own behavic
were expected tor
+ Review their 360-degree feedback with an inter-
nal or external consultant.
* Identify one to three areas for improvement.
* Discuss their areas for improvement with key
co-workers.
* Ask colleagues for suggestions on how to increase
effectiveness in selected areas for change.
* Follow up with co-workers to get ideas for
improvement.
* Have co-worker respondents complete a confi-
dential custom-designed “mini-survey” three t0 15
months after the start of their programs.
Each participant received mini-survey summary
feedback from three to 16 co-workers. Colleagues were
eased effectiveness in
asked to rate the participants
the specific selected behaviors as well as participants’
overall increase (or decrease) in leadership effectiveness.
Co-workers were also asked ro measure the degree of
follow-up they had with the participant. In total, we col-
lected more than 86,000 mini-survey responses for the
11,480 managers who participated in leadership
development activities, This huge database gave us the
opportunity to explore the points of commonality and
distinction among these eight very different leadership
development efforss.
‘Three of the organizations permitted their names to
be used in articles or conference presentations, enabling
us to reference them in this report; the rest have request-
ed anonymity, although we are able to describe their see-
tor and activities. Two of the organizations also have
allowed their results to be published elsewhere, without
disclosure of the organization's name. The companies
whose programs we studied were:
* An acrospace/defense contractor: 1,528 managers
(ranging from midlevel to the CEO and his team)
received training for two and a half days. Each person
reviewed his or her 360-degree feedback in person with
an outside consultant. All received at least three
reminder notes to help ensure that they would follow up
with their co-workers
* A financial-services organization: At GE Capital,
178 high-potential managers received training that last-
cd five days. Each leader was assigned a personal human
resources coach from inside the company. Each coach
had one-on-one sessions with his or her client on an
ongoing basis (cither in person or by phone).+ An electronics manufacturer: 258 upper-level
‘managers received in-person coaching from an external
coach. They did not attend an offsite training program.
‘They were then each assigned an internal coach who had
been trained in effective coaching skills. This coach fol-
lowed up with the managers every three to four months.
+ A diversified services company: 6,748 managers
(ranging from midlevel to the CEO and his team)
received one-on-one feedback from an external coach
during two training programs, cach two and a half days
long, which were conducted 15 months apart. Although
there was no formal follow-up provided by the coach,
participants knew they were going to be measured on
their follow-up efforts,
+ A media company: 354 managers (including the
CEO and his team) received one-on-one coaching and
feedback during a one-day program. An external coach
provided follow-up coaching every three to four
months.
* A telecommunications company: 281 managers
(including the CEO and his team) received training
for one day. Each leader was given an external coach,
who had continuing one-on-one sessions with his or
her client.
* A pharmaccutical/health-care organization: John-
son & Johnson involved 2,060 executives and managers,
starting with the CEO and his team, in one and a half
days of leadership training. Each petson reviewed his ot
her initial 360-degree feedback with an outside consule-
ant (almost all by phone). Participants received at least
three reminder notes to help ensure that they would fol-
low up with their co-workers.
+ A high-tech manufacturing company: At Agilent
Technologies Inc., 73 high-potential leaders received
coaching for one year from an external coach, an effort
unconnected to any training program. Each coach had
one-on-one sessions with his or her client on an ongoing
basis, either in person or by phone.
Personal Touch
‘The overarching conclusion distilled from the surveys in
all the programs was that personal contact mattered —
and mattered greatly.
Five of the corporations used the same measure-
ment methodologies, while three used a slightly dif-
ferent approach. All eight companies measured the
frequency of managers’ discussions and follow-up with
co-workers and compared this measure with the per-
ceived increase in leadership effectiveness, as judged by
co-workers in the mini-surveys, The first five firms —
the aerospace/defense contractor, GE Capital, the elec
tronics manufacturer, the diversified services company,
and the media company — used a seven-point scale,
from —3 to +3, to measure perceived change in leader-
ship effectiveness, and a five-point scale to plot the
amount of follow-up, ranging from a low of “no follow-
up” to a high of “consistent or periodic follow-up.”
They then compared the two sets of measurements by
plotting the effectiveness scores and the follow-up tallies
on charts.
‘The remaining three firms used slightly different
measurement criteria. The tclecommunications compa-
ny used a “percentage improvement” scale to. measure
perceived increases in leadership effectiveness, as judged.
by co-workers. It then compared “percentage improve-
ment” on leadership effectiveness with each level of
follow-up. Johnson & Johnson and Agilent measured
leadership improvement using the same seven-point
scale employed by the first five companies, but they did
not categorize the degree of follow-up beyond the sim-
ple “followed up” vs. “did not follow up.”
‘As noted earlier, follow-up here refers to efforts that
leaders make to solicit continuing and updated ideas for
improvement from their co-workers. In the two compa-
nics that compared “followed up” with “did not follow
up,” participants who followed up were viewed by their
colleagues as far more effective than the leaders who did
not. In the companies that measured the degree of
follow-up, leaders who had “frequent” or “periodic/con-
sistent” interaction with co-workers were reliably seen as
having improved their effectiveness far more than lead-
crs who had “little” or “no” interaction with co-workers.
Exhibits 1 to 5, on pages 76-77, show the results
among the first five companies, which, despite their dif-
ferent leadership development programs, used the same
measurement methodology. This apples-to-apples com-
parison shows strong correlations across all five compa-
nies between the degree of follow-up and the perceived
change in leadership effectiveness.
In the exhibits, “perceived change” refers to the
respondents’ perception of their co-worker’s change in
leadership effectiveness; for example, a rating of “+3”
would indicate that the co-worker was seen as becoming
a much more effective leader; a rating of “0” would indi-
cate no change in leadership effectiveness. “Percent”
refers to the percentage of survey respondents grouped
around a given rating; for example, in Exhibic 1,
between 30 and 42 percent of respondents gave a “0”Leadership is a relationship, not
between the coach and the “coachee,” but
between the leader and the colleague.
rating — that is, they saw no change — to leaders who
“did no follow-up.”
Leadership, it's clear from this research, is a rela-
tionship. And the most important participants in this
relationship are not the coach and the “coachee.” They
are the leader and the colleague.
Most of the leaders in this study work in knowledge
environments — in companies where the value of the
product or service derives less and less from manufac-
turing scale and, to use Peter Drucker’ formulation,
more and mote from the processing and creation of
information to define and solve problems. In discussing
leadership with knowledge workers, Professor Drucker
has said, “The leader of the past was a person who knew
how to tell. The leader of the future will be a person who.
knows how to ask.” Our studies show that leaders who
regularly ask for input are seen as increasing in effective-
ness, Leaders who dont follow up are not necessarily bad
leaders; they are just not scen as getting better.
Ask and Receive
In a way, our work reinforces a key learning from the
Hawchorne studies. These classic observations of factory
workers at suburban Chicago's Western Electric
Hawehorne Works, which Harvard professor Elton
Mayo made nearly 80 years ago, showed that productiv-
ity tended to increase when workers perceived leadership
interest and involvement in their work, as evidenced by
purposeful change in the workplace environment. Our
studies show that when co-workers arc involved in lead-
ership development, the leaders they are helping tend to
become more effective. Leaders who ask for input and
then follow up to sce if progress is being made are scen
as people who care. Co-workers might well infer that
leaders who dont respond to feedback must not care
very much
Historically, a great deal of leadership development
has focused on the importance of an event. This event
could be a training program, a motivational speech, ot
an offsite executive meeting. The experience of the eight
companies we studied indicates that real leadership de-
velopment involves a proces that occurs over time, not an,
inspiration or transformation that occurs in a meeting,
Physical exercise provides a useful analogy. Imagine
having out-of-shape people sit in a room and listen to a
speech on the importance of exercising, then watch
some tapes on how to exercise, and pethaps practice
exercising. Would you ever wonder why these people
were still unfit a year later? The source of physical fitness
is not understanding the thcory of working outs it is
engaging in exercise. As Arnold Schwarzenegger has
said, “Nobody ever got muscles by watching me work
out!” So, to0, with leadership development. As Professor
Drucker, Dr. Hersey, and Dr. Blanchard have pointed
out, leadership involves a reliance on other co-workers to
achieve objectives. Who better than these same co-work-
ers to help the leader increase effectiveness?
Indeed, the executive coach is, in many ways, like a
personal trainer. The trainer's role is to “remind” the per-
son being trained to do what he or she knows should be
done. Good personal trainers spend far more time on
execution than on theory. The same seems to be true for
leadership development. Most leaders already know
what to do. They have read the same books and listened
to the same gurus giving the same speeches. Hence, our
core conclusion from this research: For most leaders, the
great challenge is not understanding the practice of leader
ship: Ie is practicing their understanding of leadership.Exhibit 1: My Co-Worker Did No Follow-Up
60
sill Wl
Perceived Change
Percent
[company A MiCompanyB MiCompanyC | CompanyD — CompanyE Mean Leader
Exhibit 2: My Co-Worker Did a Little Follow-Up
60
Percent
Perceived Change
[company A MiCompany® iCompanyC |! CompanyD — CompanyE — Mean Leader
Exhibit 3: My Co-Worker Did Some Follow-Up
60
Percent
Perceived Change
McompanyA MicompanyB licompanyC "CompanyD — CompanyE — Mean LeaderExhibit 4; My Co-Worker Did Frequent Follow-Up
60
Percent
20
lH
Perceived Change
[.companyA [icompany 8 ll Company
Company D
CompanyE Mean Leader
Exhibit 5: My Co-Worker Did Consistent or Periodic Follow-Up
60
Percent
20
iil I
Perceived Change
[companys [icompany® ll Company
Beyond the basic finding — that follow-up matters
—several other conclusions arise from our research. For
es that the
example, the cight-program study indica
follow-up factor correlates with improved leadership effec-
tiveness among both U.S. and non
executives.
‘As companies globalize, many executives have
hegun to wrestle with issues of cultural differences
h
involving high-potential leaders from around the world
among their excautives and employees. Recent resca
has shown that cross-cultural understanding is seen as a
key to effectiveness for the global leader. (See, for exam
ple, Marshall Goldsmith et al., Global Leadership: The
Prentice Hall, 2003.)
sue as it affects leader-
rly 10,000 of the
respondents in the eight companies whose programs we
Next Generation, Financial Tim
Our study addressed this
ship development programs. Ne
reviewed — almost 12 percent of our mini-survey sam-
Company D
CompanyE Mean Leader
ple — were locared outside the United States. We found
that the degree of follow.
p was as critical to changing
perceived leadership effectiveness internationally as it
domestically. ‘This was true for both training and
g initiatives.
At Johnson & Johnson, there were almost no dif-
ferences in scores among participants in Europe, Latin
America, and North America. The group scen as
improving the most was in Asia. In analyzing the find-
ings, J&J determined that the higher scores in Asia were
more a function of dedicated local management than of
cultural differences, again supporting the correlation
between a caring, contactrich leadership and its per-
ceived effectiveness
That follow-up works globally contravenes assump-
tions that different cultures will have diffe
g levels off
receptiveness to intimate conversations about workplacebehaviors. But the universality of the follow-up principle
doesn't imply universality in its application. Leaders learn
from the people in their own environment, particularly
in a cross-cultural context. Indeed, research by the
Center for Creative Leadership in Greensboro, N.C., has
shown that “encouraging feedback” and “learning from
those around us” are both central to success for leaders in
cross-cultural environments. Companies with successful
leadership development programs encourage executives,
to adapt the universal principle of follow-up and the fre~
quency of such conversations to fit the unique require-
ments of the culture in which they working. Despite
other cultural differences, there seems to be no country
in che world where co-workers think, “I love it when you
ask me for my feedback and then ignore me.”
Inside and Outside
Interaction between the developing leader and his or her
colleagues is not the sole connection that counts. Also
vital is the contact between the leader and the coach. Our
third major finding concerns that relationship: Both
internal and external coaches can make a positive diffrence.
One reason coaching can be so effective is that it
may inspire leaders to follow up with their people.
Agilent Technologies, for one, found a strong positive
correlation between the number of times the coach fol-
lowed up with the client and the number of times the
client followed up with co-workers.
The coach, however, does not have to be part of the
company. This conclusion was readily apparent when
we compared the two companies most distiner in the
composition of their coaching corps. Agilent used only
external coaches. GE Capital, by contrast, used only
internal coaches from human resources. Yet both
approaches produced very positive long-term increases
in perceived leadership effectiveness.
Given the apparent ease of accessibility to internal
coaches, firms might naturally use this finding to justify
“going inside.” But there are at least three important
variables to consider in determining whether to use an
internal HR coach: time, credibility, and confidentiality.
In many organizations, internal coaches are not
given the time they need for ongoing interaction with
the people they are coaching. In some cases, they may
not seem as credible as trained development experts. In
other cases, especially those that involve human
resources personnel filling multiple roles, there may
appear to be a conflict of interest between a profes-
sional’s responsibilities 2s coach and as evaluator. If these
perceptions exist, then extemal coaches may well be
preferable to internal coaches.
But internal coaches can overcome these obstacles.
At GE Capital, the intemal coaches were HR profes-
sionals who were given time to work with their
“coachces.” Coaching was treated as an important part
of their respoi
as an add-on “if they got around to it.
coachees were given a choice of internal coaches and
picked coaches they saw as most credible. Finally, each
internal coach worked with a leader in a different part of
the business. They assured their coaches that this
process was for high-potential development, not evalua-
tion, As a result of this thorough screening process,
lent satisfaction with internal coaches was high and
results achieved by internal coaches (as judged by co-
workers) were very positive.
Inside or outside, we discovered that the mechanics
ility to the company and was not seen
Moreover, the
of the coach-leader relationship were not a major limit-
ing factor. Our fourth finding was that feedback or
coaching by telephone works about as well as feedback or
coaching in person.
ly, one might believe that feedback or
coaching is a very “personal” activity that is better done
face-to-face than by phone. However, the companies we
reviewed do not support this supposition. One company,
Johnson & Johnson, conducted almost all feedback by
telephone, yet produced “increased effectiveness” scores
almost identical to those of the aerospace/ defense organ-
ization, which conducted all feedback in person.
Moreover, all the companies that used only external
coaches similarly found little difference between tele-
phone coaching and live coaching, These companies
made sure that each coach had at least two one-on-one
In
mectings with individual executive clients. Some coaches
did this in person, whereas others interacted mostly by
phone. There was no clear indication that either method
of coaching was more effective than the other.
Although sophisticated systems — involving some
combination of e-mail, intranets, extranets, and mobile
connectivity — are available, follow-up needn't be
expensive. Internal coaches can make follow-up tele
phone calls. New computerized systems can send
“reminder notes” and give ongoing suggestions.
However its done, follow-up is the sine qua non of effec
tive leadership development. ‘Too many companies
spend millions of dollars for the “program of the year”
but almost nothing on follow-up and reinforcement.
Companies should also take care to measure theContinual contact with
o- zi
is so effective it Can succeed OT withou
a formal pede
cffectiveness of their leadership development initiatives,
and not just the employces’ satisfaction wich them. Our
results indicate that when participants know that surveys
orother methods of measuring program effectiveness are
slated to occur three to 15 months from the date of the
program, a higher level of commitment is created
among them. This follow-up measurement creates a
focus on long-term change and personal accountability.
Although measuring outcomes would seem to be
second nature for most companies, the success of lead-
ership development programs has conventionally been
assessed through the satisfaction of the participants. This
metric is of limited relevance. Among the companies in
our study that offered leadership development training,
virtually all participants came away highly satisfied. At
the aerospaceldefense contractor and Johnson &
Johnson, the average satisfaction rating among more
than 3,500 participants was 4.7 out of a possible 5.0
ing, bur that didnt mean they
sued the training ot improved because of it.
Executives loved the trai
Learning to Learn
Of even greater import is this: Continual contact with
colleagues regarding development issues is so effective it
can succeed even without a large, formal program.
Agilent, for example, produced excellent results, even
though its leaders received coaching that was completely
disconnected from any training. In fact, leaders who do
not have coaches can be coached broadly by their co-
workers. The key to changing behavior is “learning to
learn? from those around us, and then modifying
our behavior on the basis of their suggestions. The
actospace/defense contractor and the telecommuni
tions company used very streamlined and efficient train-
ing processes and “reminder notes” to help leaders
achieve @ positive long-term change in effectiveness,
without using coaches at all
Ifthe organization can teach the leader to reach out
to co-workers, to listen and learn, and to focus on
continuous development, both the leader and the organ
ization will benefit. Afterall, by following up with col-
leagues, a leader demonstrates a commitment to self-
improvement —and a determination to get better. This
process docs not have to take a lot of time or monk
There's something far more valuable: contact. +
Reprint No, 06307
MARSHALL GOLDSMITH
Dr. Marshall Goldsmith is
World-renowned business edueator
and coach. His singular ability to get
results for top leaders has drawn,
over 150 CEOs and their management teams to
address change in the workplace, He is known for his
practical and proven methods,
HOWARD MORGAN
Howard Morgan is an American
nture capitalist, philanthropist,
socialite, angel investor, author and
writer for Business Insider. He also
serves as the Chairman, CEO, Director, Board member
or advisor for an assortment of companies. Also, he is
the managing partner of First Round Capital,&
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enti > Ba [ieeeTOP INDIAN HEALTHCARE
START-UPS TO WATCH
With by and large Indian healthcare market
around US$ 100 billion and which is likely to
grow to US$ 280 billion by 2020, Healthcare
has become one of India’s largest sectors -
both in terms of income and employment.
Healthcare comprises hospitals, medical de-
vices, clinical trials, outsourcing, telemedi-
cine, medical tourism, health insurance and
medical equipment. The Indian healthcare
sector is growing at a brisk pace due to its
strengthening coverage, services and
creasing expenditure by public as well
private players. India still spends only
around 4.2% of its national GDP towards
healthcare goods and services (compared to
18% by the US). This is just a fraction of
what the US and the UK spend every year.
With vast health care system in India there
remain many differences in quality between
rural and urban areas as well as between
public and private health care.
in-
‘An astounding 70% of the population still
lives in rural areas and has no or limited
access to hospitals and clinics. As a result,
the rural population mostly relies on
alternative medicine and government
programmes in rural health clinics. Besides
the rural-urban divide, another key driver of
India’s healthcare landscape is the high
out-of-pocket expenditure (roughly 70%).
This means that most Indian patients pay for
their hospitalvisits and —_ doctors’
appointments. According to the World Bank
and National Commission's report on
Macroeconomics, only 5% of Indian
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policies. Such a low figure has resulted in a
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only available for the urban, middle and high
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areas of HIV, Malaria, Tuberculosis, and
JULY 2017 HelloBiz | 57diarrhoea. Sadly, only a small percentage of
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The Indian medical tourism industry is
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number of people arriving in the country for
medical treatment set to double over the next
four years. With greater number of hospitals
getting accredited and receiving recognition,
and greater awareness on the need to
develop their quality to meet international
standards, Kerala aims to become India's
healthcare hub in five years. Medical
tourism, more broadly health and wellness
tourism, refers to the industry in which
people from across the globe travel to other
countries to get medical, dental and surgical
care, and at the same time, visit the local
attractions of that country.
Healthcare start-ups are coming up in a big
way in India, recognising the need for
making quality healthcare accessible to
country’s billion plus population, They are
bridging the gap between healthcare service
providers and end-users through
applications and social networks, robots,
state-of-the-art technologies and devices
Approximately 300 start-ups emerged in the
healthcare sector every year. Whether it is
the operating model or areas of drug delivery
or medical equipment inventions, innovative
young start-ups are slowly but steadily
catching the imagination of the sector with
differentiated product offerings. and
sustainable business models. Healthcare
start-ups have transformed the sector by
offering hospital management systems,
doctor delivery, delivery of medicines and
home healthcare services. They have been
successful in making healthcare services
affordable and accessible to people through
innovative use of technology”
From online platforms for health devices
and other healtheare products to helping
users find a doctor and book an appointment
to telemedicine and having applications that
help a user manager diseases to self care
services, home healthcare and much more,
start-ups are bridging the gap between
healthcare service providers and end-users
through applications and social networks,
robots and state-of-the-art technology and
devices.
In the Indian Start-up culture there are
dynamic individuals working tireless to
improve the quality of healthcare in India
There are entrepreneurs who have
dedicated themselves fulltime towards
improving the lives and well-being of people
Here are some Indian healthcare start-ups
you should know about:
HEALERS AT HOME
With a vision is to provide home healthcare
& wellness services to the world at the click
of a button, Healers at Home is a start-up
has a core of team of professionals from IIT
and YIF with a rock solid amount of
experience in the healthcare sector. When
the founder Kshitij Garg suffered from
severe back pain and was hunting for
quality physiotherapy services. This was the
JULY 2017 HelloBiz | 58time when he got this genius idea. The idea
led to the founding of Healers at Home which
provides on-call physiotherapy and yoga
professionals to patients. In addition, they
also provide attendant and
childcare ser
nursing,
ces right at your doorstep.
This is of great help to working professionals
who have a patient or a child at home and
need a trustworthy caregiver to be on call
and help with taking care of their loved ones
Site: www-healersathome.com
PORTEA
There are times when you need medical
equipment at home for a short duration.
There are times that after or during a
treatment, you want medical equipment or
instrumentals for patient care at home for a
limited time frame. Purchasing these
high-priced equipment, especially when you
are going to use it just for a short while, can
make a big hole in anyone's pocket. Portea is
an Indian healthcare start-up providing this
medical equipment on rent across 25 cities in
India.
The business promise hospital-class medical
care in the soothing atmosphere of your
house
Starting in 2013, this Indian start-up has
covered Indian cities like Ahmadabad,
Amritsar, Bangalore, Baroda, Chandigarh,
Chennai, Cochin, Faridabad, Ghaziabad,
Gurgaon, Hyderabad, Indore, Jaipur,
Kolkata, Lucknow, Ludhiana, Mumbai,
Nagpur, NCR, Pune and Vijayawada with
this unique service of theirs.
‘The company also provides doctors, nurses,
and physiotherapists for home visits who
have passed their rigorous hiring standards
and have had their backgrounds and
medical knowledge verified by senior
doctors.
Site: www.portea.com
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GOQii is a comprehensive digital health and
wellness solution with an ecosystem
facilitating a permanent shift to a healthier
lifestyle. GOQii is an Indian start-up that
does the job at a much cheaper price.
Pioneered by Vishal Gondal, GOQii
manufactures smart wearable fitness
devices at an extremely affordable price.
This device helps you keep up your daily
fitness goals by tracking your activity, sleep
quality and other health parameters. The
band comes completely free with their
subscription package where professionals
work together with the user to help achieve
their fitness goals. This Health and fitness
smart wearable making startup has become
a case study at the Harvard Business
Publishing platform, a subsidiary of
Harvard University.
JULY 2017 HelloBiz | 59img
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The culture of “home delivery” has picked up
immensely over the last few years. From food
to groceries: working professionals with a
time constriction can get anything delivered
on their doorstep. Why not with medicines
then? Img aims to do the same: make
purchase of medicines convenient and
hassle-free. This Gurgaon-based start-up lets
you order your medicines online for generic
as well as prescription drugs. They tie up
with native pharmacies in your
neighbourhood to make sure that your
ordered is delivered to you inside a
committed time frame,
With Img you don't just buy medicine online,
but can also book appointment with the best
doctors nearby. Also for prescribed tests, you
don’t need to wait for hours in physical
laboratories and testing centres. This online
medicine store also helps in getting free
home sample pickup. You just need to search
for prescribed tests and book your request.
Focused towards making healthcare
accessible and affordable, Img also gives you
plenty of options in terms of medicine
substitutes.
Site: www.1mg.com
HealthKart
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HealthKart.com is India's largest online
health & fitness store for men and women.
This start-up is supposed to be India’s
largest online health and fitness store.
This is a great place for people serious about,
health and fitness. With a staff of around
400 people this company deliver everything
from genuine protein supplements to
vitamins smoothly at honest prices.
Founded in 2011 by Prashant Tandon and
Sameer Maheshwari, HealthKart, a part of
Bright Lifecare Pvt. Ltd. HealthKart has its
smartphone application for Android, iOS
and Windows devices. HealthKartPlus
which enables you to know more about your
medicine, and find substitutes from other
brands as well as their generic equivalents
which are cost effective. With its ‘Pocket
Chemist’ feature the platform equips users
to discover cost effective generic drugs that
can substitute prescription medicine. The
app already has million plus downloads
across the three platforms.
Healthkart Plus offers features like search
for drugs, get full
searched drug and __ over-the-counter
medication like the dosages, common usage
and warnings. Besides these, it gives cost
comparison tool for generic and prescribed
drugs.
Site: www.healthkart.com
information on the
JULY 2017 HelloBiz | 60Practo
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For millions of people, Practo is the trusted
and familiar home where they know they'll
find a healing touch. It connects them with
everything they need to take good care of
themselves and their family - assessing
health issues, finding the right doctor,
booking diagnostic tests, obtaining
medicines, storing health records or learning
new ways to live healthier.
Founded in 2008 by Shashank ND and
Abhinay Lal both alumni of National
Institute of Technology, Karnataka, Practo is
a Smartphone application that enables users
to find and book appointments with doctors
and consult them online. Currently Practo is
present in 5 countries, 7 Indian cities with
200,000 registered doctors, 8000 diagnostic
centres, 10,000 hospitals and 4,000 Wellness
and Fitness centres.
Healthcare providers can also harness the
power of Practo as the definitive platform
that helps them build their presence, grow
establishments and engage patients more
deeply than ever. This app helps millions of
patients and thousands of doctors with a
simpler, easier healthcare experience. Practo
ensures each doctor profile is verified for
medical license, qualification and
specialisation.
Practos purpose is to improve the healthcare
experience for all humanity.
Site: www.practo.com
STARTUP FOR A HEALTHY INDIA?
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JULY 2017 HelloBtz | 61Tel, : 2942 8499
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DAD TO HIS DAUGHTER
An entrepreneur dad writes to his
daughter...
He gives her some tips on living...
Is he shaping her to be an entrepreneur too?
Daughter,
I challenge you to.
Never be afraid to be too much: too different,
too creative, too outspoken or too passionate.
Go that extra mile. People will notice. Even if
they don’t, just go..
Let your morals of our family guide your
every action, never straying slightly from our
tightly held values and beliefs...
Perform acts of kindness for others without
expecting anything in return. Leave a 100%
tip; make time for a day with your dad. Show
sympathy, care, concern for the poor and
downtrodden in the society.
Always be in a discomfort zone. Being
uncomfortable is a sign that you are pushing
yourself towards greater limits and
certainly would come out as a stronger
person in the end. Stop waiting to be ready
to take that next jump. Jump...
Live
Opinions differ, but respect opinions that
differ from your own. And remember not to
give away your power away by letting others
dictate you and how you feel.
I th hum
I don’t have, but I want your passport to be
well-stamped. Travel on every chance you
get. I am missing it, but I want you to
experience it all. Try to take into your soul
as much of beauty this fascinating world has
to offer. Always remember this life is too
short to stay in one place and remain
stagnant.
Live with ad
JULY 2017 HelloBiz | 63Being lonely is nothing but just a state of
mind, not a relationship status. Never rely
on anyone else for your happiness and sense
of self-worth. Also don’t shy away to accept
the help of family and friends when truly
needed.
Live with independence...
Always speak up for what you want and don't
be afraid to show your skills and
achievements. Believe in yourself and know
your true value “I don’t know” might sound
very easy reply, but, but it restricts only your
limits of credibility. Always make a point
that you make a lasting impression. Always
know that the first impression is the last...
Live with confidence...
Every inch of you belongs to you. Love
yourself. And love yourself first. You yourself
are far more worth than any of the society
imposed ideals. You should never have to
justify to others (or yourself) what you are.
Live with self-respect...
Above all and everything else, live your life
on your own terms, Stop seeking anyone
else’s approval. Stop living in fear, Love
yourself, unapologetically.
With Much Love,
Your very best friend (and dad too)
HOW TO
START A START-UP
live in the future,
‘what is missing
‘head of your time
inthe world?
follow up with
users. Are they
coming back?
A launch
I launch nfl users
soy (AirBnB launched 3 times)
— ee ee
cand bounce
ideas eround
register your Ccorp, find « cofounder
launch let Joke fering
everyone know you end build version
Fee ee adie el ae
‘get fo 1,000 Users,
4 100 people
5%aweek keep growing
(hard, but proven for enother 4 yeers,
posible) ‘ond ot hat rae you
will reach
25 milion users
(QB Funders and Founders
JULY 2017 HelloBiz | 64THE THREE-FOLD
NATURE OF WORK
~DAVID ALLEN
Why do people complain that there's no time to get their work done? Because there is more work
to do than the work they think they have to do. Many times people we work with express frustration
that they “can't get any of their work done” because of the overwhelming amount of interruptions,
email, and other inputs that show up during the course of a normal day. “I can’t get my work done,
because there is so much (other) work to do!”
If you are ever in that frustrated state, it might help to understand the three-fold nature of what
constitutes your “work.”
You have a choice of doing three very different things when you work—predefined work, unplanned
work, and defining your work
1. PREDEFINED WORK
This is what you would be doing all day if you got no new input or interruptions of any sort. You would
probably be working off the inventory of actions and projects that you came in with—work that you
have already determined needs doing. There are the phone calls you need to make, the documents
you need to draft, the ideas you need to outline on the project, etc. That list of things to potentially
be doing, when you have some discretionary time, would be challenging enough to sift through
given your volume (most professionals have 150-200 of these discrete actions). But what you are
very often faced with is the necessity (and opportunity) to do...
2. UNPLANNED WORK
The phone rings. It's not on your lists or your calendar. But you take the call, nonetheless,
and consequently spend twenty minutes talking to a client of yours about a potentially important,
or at least an interesting, topic. Before you're off that call, your boss sends you an instant message
to schedule a half hour meeting in the afternoon to update you on a new development and get your
input on it. You acknowledge back “OK” while you're still talking to the client. For that meeting,
though, you know immediately that you are going to need to update two spreadsheets and surf
the Web about a company that’s been on your radar pertaining to this project, before you walk in.
That means do it now, or otherwise not eat lunch. In this scenario you are doing the work as it shows
up to be done. You are actually defining your work rapidly in this case, and choosing to do the new
stuff instead of any of the pre-determined potential activities. Many of us have whole days of this
nature, We can't get to anything on our action lists because the ad-hoc nature of the day wound
up defining and requiring our total focus, non-stop.
That, added to our inventory of predefined work, creates a substantial volume of on-deck options
for things to be doing. But then there's the email constantly filling up your inbox. And meeting notes
from last night stil on the legal pad on the corner of your desk. And the fourteen voicemails that youkeep saving because they mean something you might need to do, but you don’t know exactly what
yet. And more voicemails coming in during the day. So, in addition to all the stuff on your lists and
all the stuff coming at you during the day that you have to engage with as it shows up, you know
there's still the on-going requirement to be...
3. DEFINING WORK
This is processing and emptying your in-tray, your email, your meeting notes, etc. —assessing the
new inputs and making decisions about what needs to be done about them. You may do some
quick actions as you define them (a la the two-minute rule), delegate things to others (to be tracked
on your “Waiting For...” list), and you will probably be adding more action items and projects to your
inventory of defined work, as you review and think about the meaning of the content of those notes.
“Oh yeah, | told Raphael | would call him back about possible times to meet next week...”
This activity of defining work, based upon the constant flow of new incoming information and
communication, requires an average of one hour per day, for the typical professional. That's just
to stay current—not to clean up and process any backlog that may have accumulated prior to today.
So what? Everything | have described so far is common sense, or at least a common awareness
about the way things really are, Here's the rub: | have noticed that many people act as if (2) is some
sort of burden to endure, and (3) is some irrelevant activity aside from their work. “I have my list
of things to do. Why am | being burdened with things that aren't on my lists, and why am | now
in addition having to deal with all of these emails, voicemails, conversation notes, business cards,
receipts, and tons of other inputs coming at me from my outside world?”
| don't get it. It's all your work. Some is done when it appears, and some is done when you choose
to do it instead of what's showing up. And processing input is required to trust that the inventory
of your predefined work is complete enough to evaluate its contents against your new options
of things to do,
Are you truly pretending that your boss doesn't have the authority to reallocate your focus toward
a new and unexpected priority? Get real. Are you honestly saying that now the world is at fault for
reconfiguring itself to present you with things you weren't aware of twelve hours ago? Get a grip.
‘And how long can you honestly say you are comfortable doing anything, without checking your
voicemail or email?
The key is how efficiently and effectively you know how to process new stuff, and how functional
your system is for maintaining and reviewing your inventory of commitments. Then you accept
and manage the input processing as a critical component, you review the whole game frequently
enough to know (in your gut) how to evaluate the surprises and unexpected work, and you have
a sufficiently functional system for capturing and managing all the various rivers and streams
of this complex environment, to feel at least OK about what you're not doing. Master key to life.
How much of which kind of work to do, when, is the eternal dance of the workday. You can't really
do more than one of them at a time, though you can get really fast with processing work while you're
on hold on the phone, and waiting for meetings to start. There may be interruptions that are allowed
that are not functional or valuable, but managing those is just tactical to your definition of your job.It's an eternal challenge of allocating limited resources (the definition of “management”)—it’s not
an inherent problem
How much of your day and week do you need to assume is going to be ad hoc and unexpected?
How much of your day really is required for cleaning up your inboxes so that you can trust your
backlog doesn’t have landmines and unseen priorities lurking? When are you dedicating critical
executive time for updating your contents and maybe improving your own process for capturing,
clarifying, organizing, and reviewing your work?
Get your habits and your systems up to handling it. And get used to it.
DAVID ALLEN
David Allen is a productivity consultant who is best known as the
creator of the time management method known as "Getting Things
Done". He is the founder of the David Allen Company, an executive
coaching firm using his "Getting Things Done" methodology.
Avision of a desired future allows you to engage
and identify immediately in your focus with an
improved condition. It changes what you perceive
and how you perform - NOW. It’s not about
achieving something in time. It’s rather about the
quality of choices you are making in this moment
—what you choose to perceive, feel, and do. It’s
about getting the most out of your experience.
-David AllenTLP GROUP
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Contacts: 9821120138 | 9224349424 | 9870200580 | 9870700580Medical tourism is a multi-billion dollar
industry that is set to grow up to 25% every
year for the next 10 years. This data shows
that more people are becoming interested. To
combine the pleasure of traveling with the
benefits of medical advancement.
So, what are top medical tourism trends to
look forward to?
1. Growth of Private Health Cities
Foreign investment has grown significantly.
This paved the way for private health cities
to emerge. Patients from different countries
are becoming attracted to multi-specialty
hospitals. These hospitals offer both health
and hospitality.
2. Asian Expansion
Medical tourists bound to Asia are expected
in number because Asian
countries offer high standards of hospitality
Plus, they are constantly updating to the
latest trends in technology. To top it off,
medical care is a lot cheaper in Asia than
other regions.
to increase
3. Cultivation of Skilled Medical
Tourism Professionals
The growth of the industry calls for a surge
of qualified health care personnel. This
includes doctors, surgeons, translators,
physiotherapists, and other facilitators.
Medical schools and training centers are also
expected to rise with the need as these
professionals learn specialized procedures
that are favored by medical tourists. These
are rhinoplasty, angioplasty, and breast
augmentation among others.
4, Establishment of New Destinations
Several countries that are known for
catering to medical tourists will have new
contenders. The UAE, Greece, and Taiwan
have shown positive growth over the past
years in part due to their breathtaking
landscapes that patients also look forward to
during their visit.
Medical tourism has indeed changed the
future of the healthcare industry. It has
expanded so much and is continually
evolving all throughout the globe. The
previously set standards are set to be
JULY 2017 HelloBiz | 69surpassed in the coming years as more
people will expect for more advancement,
quality service, as well as lowering of the
costs.
Kiran Kumar: The growing interest in the
field of medical tourism was substantiated by
the presence of several established doctors,
healthcare experts, healthcare corporations
and professors from across India and abroad,
at the second edition of the International
Healthcare Tourism Congress (HTC) which
took place on 8 and 4 March in Bangalore.
IHTC 2017 brought together several Medical
Tourism Agencies (MTAs), tourism experts,
medical marketing heads at the venue to
discuss the latest developments in
healthcare travel. The two-day event was
filled with panel discussions, presentations
and workshops on business challenges,
solutions, trends and technological and
infrastructure issues in medical tourism in
India, It was inaugurated by Ramesh
Kumar, Minister for Health & Family
Welfare, Govt. of Karnataka.
The list of speakers included Prof. Ravi
Ramamurti, Professor at Northeastern
University and the Founding Director of the
Centre for Emerging Markets, USA; Maria K
Todd, CEO, Mercury —_‘Healtheare
International; Dr. Shalini Rajneesh,
Principal Secretary, MHFW; Girish from
Kolot Network; Prof. Joga Rao, Advocate &
Faculty NLSIU, Bangalore; Dr. FLV.
Madhusudhan; Dr. KR Gangadharan,
Heritage Foundation, Hyderabad; to name a
few.
The West has led the world in medical
science and in developing drugs and devices,
but poor countries like India are leading the
way in healthcare delivery.
In his talk, based on a Harvard Business
Review article, the keynote speaker, Prof.
Ravi Ramamurti, showed how and why some
Indian hospitals are delivering world-class
healthcare at a tiny fraction of US prices,
while serving a significant number of poor
patient and still making good money. They
have become leaders in lean healthcare, just
as Ford or Toyota blazed the trail in lean
manufacturing. Hospitals everywhere can
learn useful lessons from them. Improving
the competitiveness of individual hospitals
will make India an even more attractive
destination for medical tourism.
India can play a large role in this field
mainly due to its huge ready medical
infrastructure, good supply source of
medical talent including doctors, nurses,
pharmacists and lab _ assistants,
cosmopolitan outlook of cities with hotels,
well-developed ecosystem of partners
including allied services like language
translators. Some of the source location
countries for India are the Middle East and
Africa, Kenya, Nigeria, Ethiopia, Sri Lanka,
Bangladesh, Bahrain, Oman, Iraq, Maldives
and Myanmar.
Emphasizing the need for a health tourism
master plan in India, Maria Todd said,
“People buy not what you sell but why you
sell. To start with, we need a state strategy
and a national strategy. A framework has to
built for the product, be it hospitals, clinics,
rehabilitation centres, spas, dialysis travel,
clinical research labs, ete. Pitching India as
excellent providers of treatment, rather
than cheap healthcare becomes relevant.”
Talking about the need to co-create
experiences in medical tourism, Girish,
Kolot Network, drew a parallel to the Kochi
biennale where three artists came together
to create the Muziris heritage from the Spice
Route. He said, "Put people at the centre,
JULY 2017 HelloBiz | 70leverage assets such as culture and heritage:
tell a story, have a residual effect on social
and cultural and societal aspect. We can also
co-opt the community in which such
experiences are cited so that everyone can
own the experience."
He suggested, as an example, the idea of
performing arts medicine for dancers and
singers and questioned the possibility of
pairing up that kind of an activity as part of
their healing therapy.
Some of the issues raised during the sessions
included the image and identity of India as a
medical tourism destination, national
reputation, capacity development, taxation,
information systems, need to develop a
health policy that consists of telehealth
communication, health privacy, continuity of
care, professional liability and recourse,
medical records. proper accommodation, food
and beverage options, amenities, airport
readiness, allergy and portion management,
special gastronomy, pricing and package
development, technologies, specialisation,
among others.
Maria Todd said, "We have to identify our
source market; discern who will be ideal
customers for each city such as Bangalore,
Delhi, Chennai, etc. and then go on to
understand why we target those customers.
All that India is saying is that it offers cheap
healthcare; but India must recognise its
uniqueness and analyse its competitors. It
does not need to own all services. India's
strength is its importance to human value:
The West has led the world in medical
science and in developing drugs and devices,
but poor countries like India are leading the
way in healthcare delivery
On the whole, the event proved to be a
thought-provoking one with the presenta-
tions and discussions paving the way for
more awareness about our own strengths in
medical talent, infrastructure and econo-
mies of scale.
JULY 2017 HelloBiz | 71Quikr is modelled on Craigslist, one of the leading classifieds listings portals in the US.
Sitting in India, anyone could rent out his/her apartment in New York. It made complete
sense to have something like this in India. Quikr has changed a lot since its inception. When
it began, it was a simple platform for someone to buy, sell or rent across categories. Two
years ago, Pranay began to feel that people had become a lot more sophisticated as users.
Their expectations from the internet are different and we, as a company, are a lot bigger
than we were and we have a lot more resources now. 0, he and his decided to shift the
business from providing the same experience across categories to giving specific experiences
in every category.
Quikr, A portal that was launched with
a vision of providing a platform to the
buyers and sellers to “meet online,
transact offline”, today holds more
than 4.2 million listings and also
has generated over 150 million
replies. Quikr offers over 13 main
categories and in 170 sub-categories
including mobile phones, houschold
goods, cars, real estate, jobs, services,
education, etc. Additionally, it holds an
actual presence in over 1,000 cities in India
and performs a large scale
cross-category classifieds business
amongst its more than 30
million consumers.
Pranay was living in New
York and had turned into
an experimental film-maker.
He at that point of time
required a team for a film
called ‘Latent Lava’ which
was a video game made
Y in the style of a feature film
Craiglist at that moment came
as his saviour and he was
able to recruit almost 60 actors,
one producer & 30 crew members
through it and that is when he
THE POSTER BOY OF
e INDIAN START-UP INDUSTRYrealised that, Craigslist was a full-proof
business model and didn’t have an existence
in India.
As he got deep into ideation, Pranay saw that
there were barely any solutions for the
individuals to get a just price for anything
they wanted, whether it was a used phone,
furniture or a flat. He wanted to solve this
problem for the masses.
And thus Quikr was born.
Over the last one year, Quikr has undergone
a tremendous change. The entire has worked
very hard to launch different verticals; also
there is a change in the organisational
structure to have different people heading
these businesses
But frankly speaking the story of Pranay
Chulet, CEO of Quirk is an inspiring tale for
all the business aspirants out there who
think they have the capacity and capabilities
of making a dent in the universe.
An [IT Delhi and an [IM Calcutta alumni,
Pranay Chulet founded the Kijiji portal
which was later re-christened as Quikr — and
has now become the largest online and
mobile classifieds portal of India. Quikr is
supported by Matrix Partners India,
Omidyar Network, Norwest Venture
Partners and eBay Inc.
Suecess did not come easily to Chulet. He
resided in Dariba in Rajasthan. He has been
a pioneer in several fields right from the
beginning — for instance, he studied in a
Kendriya Vidyalaya and was the first one
from his school to ever appear and clear the
IIT entrance examination. After having
studied chemical engineering at IIT, Chulet
then proceeded to ITM for an MBA.
His story motivates us because he fought
against the direst circumstances and came
out bright like a diamond. The faint-hearted
would have merely given up or thought such
a task to be unachievable. But Chulet stuck
to the task at hand. He did not for a moment
let go of his strong vision of creating a
start-up which would target the local
community and its needs of buying, selling,
renting across several categories — such as
mobile phones, property, employment
opportunities and so on.
Achieving this marvellous feat was not
exactly a cake walk for Chulet — initially, his
ideas were rejected and he had to face
immense difficulty in finding investors. But
he did not give up, even in the face of
naysayers. He held on tightly to his dream
and worked his way up step by step.
After having achieved this spectacular
success, Chulet did not let it get to his head.
He is a humble and down-to-earth man who
has not forgotten his roots — he remembers
the hard-work that his father put in, by
working in the mining industry and all the
efforts that he, as a student, also made — he
studied day and night, despite all odds. An
average person might have discarded such
an enterprise, but not Chulet.
Quikr was not built overnight ~ it took time
and experience to create this online giant.
Chulet began his first company in the US in
around 2000 — it was named Reference
Check. This company aimed at providing
plumbing services and also helped plumbers
to market and publicise themselves. When
Chulet returned to India, he witnessed a
boom in the print industry. He exploited
that and brought classifieds online — this is
another motivational aspect — that is, one
must strike the iron when it is hot.
JULY 2017 HelloBiz | 73ALOT OF INSPIRATION...
Pranay Chulet, the CEO and founder of
Quikr, says, "It was a revolution waiting to
happen”. Almost anyone can post an ad at
Quikr, and start receiving
interested buyers almost immediate
from
With
such a simple user-interface and marketing
strategy, Quikr gets more than 3 crore
Indian visitors every month on the portal.
A large majority of Indian buyers did not
believe in online shopping at that time. So,
they started promoting the portal through
Google ads and other ways of online
advertising. By 2011, around 9 million
visitors posted their ads on Quikr, and then
they started advertising through TV and
mass media.
While talking to
calls
their
customers, they
TRACK
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always try to get direct feedback, so that
they can grow, develop and get better.
Medium and high-income people of India
like the
shopping online. Today, Quikr receives over
convenience Quickr provides for
30 million users every month. In fact, almost
every Indian has used Quikr at least once to
buy something or even post an ad
The Indian start-up scene is witnessing a
boom, with the number of entrepreneurs in
India growing by the day. Gone are the days
when people shied away from quitting their
jobs to start their own ventures. And
although all entrepreneurs, regardless of
whether they are established or new, have
an equal role in the Indian start-up scene
and Pranay Chulet is the true Poster Boy of
the Indian Start-up Industry.
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LEADER
ITHIN YOU
“
A leader is neither about a title nor about a
powerful status; it can emerge from any
educational level. Leadership is a complete
ART as it handles mostly the invisible. What
you see in a leader is only the visible part of
the iceberg like knowledge and skills. An
iceberg has just one-ninth of its volume
above water and the rest remains invisible.
This implies that the qualities that most
define great leaders lay beneath the surface,
and rely on the
psychological and
physiological factors
that determine the
invisible components
like values,manage-
ment styles, traits and others.
The aim of this article is not to release a
random compilation of qualities and attri-
butes as it is already the case in some books
and articles. I believe that there is an
ORDER to respect as some characteristics
remain the pre-requisites for attaining
others. We cannot tackle TRUST if the
person still has issues about INTEGRITY.
We cannot become credible if we are unable
to achieve good results even with high level
of integrity. Similarly, once we create trust
and credibility around us, motivation and
confidence will take place naturally, and
many other qualities will follow.
A great leader should also have the ability to
combine between different traits and
characteristics:
between a privileged
status and humility;
between power and
the ability to delegate;
between failure, and
the willingness to reframe the problems as
opportunities and seek feedback. These
combinations are the ones that create
sophistication from simplicity. They make
from ordinary people remarkable leaders as
the efforts require a human touch,
adaptation and empathy.
YSON }
JULY 2017 HelloBiz | 76Some people are born with these talents: the
ability to lead and inspire; others don’t have
simply the skills acquired to become a leader
or need to work hard to achieve them.
Fortunately, everyone can be a leader, but
not everyone can be a GREAT leader.
Whether we are talking about a president or
a leader of a small organization, the
characteristics required should be similar in
both cases.
So, what are the main invisible attributes
that can transform an ordinary person into a
distinguished leader? What should we strive
to embrace to become a leader and how?
What is the set of qualities do you see in
yourself as a leader?
11 QUALITIES TO CONSIDER:
Integrity
This is the basis of credibility and trust to
become a great leader. Integrity is far limited
to honesty. It is the coherence between what
we say and what we do, It's the courage to be
lined up with our own values and acts.
Integrity is an invisible quality of a great
leader but can often lead to visible results
reflected in the credibility and trust of
others. With a high level of integrity, you
become credible when others believe in your
abilities to deliver good results at work; and
you attain trust when you are reliable.
When these qualities are gained, others can
take place easily and follow. Hence, the rise
of standards become logical, and trust is
installed systematically. Can we raise our
standards when we lack strong values and
trust? Can we achieve credibility when we
are unable to reach our goals and objectives
at work?
“Integrity simply means a willingness not
to violate one’s identity
-Erich Fromm
Trust
Trust can be taught and nurtured contrary
to what is said and thought. Trust as defined
by Jack Welch, ex-GM of general electric,
“you will recognize it when you will be
able to feel it”.
Trust can be tangible and measured.
Stephen Covey in his book, The Power of
Trust, explains deeply his thinking model:
trust can affect speed and cost. The more
trustworthy we are at work, the more speed
we get in achieving our goals, with less cost.
A lack of trust at the airports, for instance,
can hinder the speed of getting passengers
on time, and obviously the cost increase
because of the security regulations.
Ast is important to be trustworthy at work,
one has to trust also the team and people
around because a lack of trust can be costly!
When trust is attained, respect is earned
and loyalty is returned.
Self-Motivation
Once credibility and trust are reached,
motivation can raise and prosper. Can you
feel motivated in an environment where you
don’t feel trusted? Have you ever questioned
your integrity when faced with a lack of
motivation?
Self-motivation is simply the willingness to
do things better and go beyond limits to keep
moving forward. Being self-motivated
involves a set of definite characteristics and
behaviours like passion, perseverance, and
the courage to instal and respect small daily
habits that will enable you to achieve them,
however, the circumstances.
“Motivation is what gets you started.
Habit is what keeps you going”
- Jim Rohn
JULY 2017 HelloBiz | 77Optimism & Positivity
Embracing positive attitude is
coincidence as it has some foundations like
the pyramid of Maslow. A positive attitude is
not derived only from external factors but
stems from the love and the self-esteem we
have for ourselves. Obviously, this is earned
when we are respected and trusted; when we
are empowered and self-satisfied for our
achievements. Can we expect a positive
attitude when someone feels guilty for
violating the ethical and moral codes or
cheating?
not a
Another point may hinder people from being
optimistic and positive is related to their
past failures and experiences. The past
should serve us as a reminder of our
mistakes, and not define us for the future;
the best learning’s come often from the
failures of the past.
A positive attitude can change everything.
The more positive we are, the more likely to
attract positive outcomes. But success
without integrity is a failure.
Emotional intelligence
I believe at this stage, to keep evolving in
personal or career journey, one has to follow
up with a complete self-assessment. It is
crucial as it allows us to reach, on one hand,
self-awareness and self-regulation of our
emotions and thoughts, on another hand,
develop empathy and social skills to
facilitate inter nm and communication
with others.
“Life does not get better by chance.
it gets better by change’
-Jim Rohn
Self-improvement
Self-assessment is not enough until we move
to action and search for self-improvement;
any revival starts from an understanding of
our strengths and shadows.
Self-improvement has never been one-shot
action, but a constant process. But first, to
revamp your self-worth, you need to be
self-motivated and embrace discipline, and a
positive attitude.
“If you want to have more, you have to
become more. For things to change, you
‘e to change. For things to get better, you
have to become better. If you improve,
everything will improve for you”
Qu
-Jim Rohn
Discipline
Self-discipline is the fuel that will keep you
moving towards your goal and achieve
self-improvement. It implies hard work and
patience; it also involves focus, perseverance
and positive attitude.
“We all have dreams. But in order to make
dreams come into reality, it takes an awful
lot of determination, —_ dedication,
self-discipline, and effort. Jesse Owens
Creativity
Creativity or Innovation is not only coming
up with new ideas, and products. It’s also
our ability to handle challenges and conflicts
differently from the others following our
intuitions and wisdom. Creativity enables
us to find creative solutions when faced with
obstacles and never quit.
“The ultimate measure of a man is not
where he stands in moments of
comfort, but where he stands at times of
challenge and controversy”
-Martin Luther King
Communication
Communication is not merely about a good
content. It is more about the confidence we
have in our abilities to speak in public and
DARE to share our ideas and thoughts with
the others. But to be a great communicator,
JULY 2017 HelloBiz | 78you need to be reliable and credible; you need
to be clear and definite about your VISION.
“When you develop the skill of
communication, you will boost your
value by fifty percent” Warren Buffet
Assertiveness
Assertiveness a big topic that can
discussed in a whole presentation. It is the
result of all what has been acquired as
qualities and traits. “Assertiveness
expressing opinions or desires strongly
and with confidence so that people take
notice” Oxford advanced __ learners
dictionary.
Assertiveness is not only the ability to
opinions, and
beliefs in an honest way but to disagree with
the others respectfully without violating
their rights. Being assertive is to be able to
adapt to different social changes, confident
about handling conflicts, all in a positive and
optimistic manner. Mostly, being assertive
is the courage to express what we see, feel,
and desire without harming the others.
is
is
communicate our values,
‘The only healthy communication style is
the
assertive communication’
-Jim Rhon
Humility
Humility, as other qualities, encompasses a
variety of other characteristics. When you
are humble, you are more likely to delegate,
trust, and empower others so that you can
help them achieve their own goals.
Humbleness allows you to be accountable,
avoid blaming others, and seek feedback for
better serving your team and customers. But
greatness is achieved when it relies on
humility that is diserete and invisible.
To acquire these qua uu need courage,
hard work, and perseverance.
But the fastest way to develop the leader
within you is to be simply human, keep the
faith, and hold a great vision.
ities, y
HANANE ANOUA
A passionate, multicultural
mindset Marketing
Manager from Morocco,
always eager to go beyond
boundaries and job
descriptions to lead and inspire with a
close eye on details. Dedication, integrity
and continuous improvement are her
approach to succeed in any role.
Innovation distinguishes between
a leader and a follower.
Ld
ES SCR) Ts
Co-Founder,
Cy
017 HelloBiz. | 79Entrepreneurship is all of a sudden in the
air, Graduates and Dropouts are completely
excited and are running like crazy after their
start-up ideas which they think can make
them the next billionaire just the way Mark
Zuckerberg is. On top of it, Angel Investors,
Venture Capitalists are reacting in a positive
way to these Generation Y Entrepreneurs.
As a Marketing Consultant, I personally
believe that what idea you have is not that
important, but how you implement is of
utmost importance. Above it, how much is
the entrepreneur emotionally connected with
the problem he is going to solve via his
start-up. The emotional connect is what will
keep them connected to the problem solving
in the hard day which they are bound to see.
Lalso keep wondering that how many of them
will become the coveted brands of the future.
In my entire career span of 14 years in
Marketing and Branding, I have found very
few brands that are remarkable. Fortunately
for us, those who are leave clues as to how
they mastered a level of success most brands
only dream about. I've noticed several
recurring traits in these brands that are
truly remarkable. Let's see them in detail...
1. Competitiveness
For a brand to truly succeed it needs to be as
Aare
TRAITS OF A
SUCCESSFUL BRAND
competitive as possible. This includes
having an entire team working behind a
brand, from the most basic administrative
assistants to those in a higher power
position. There is no use in sitting back and
hoping for the best; a successful brand goes
above and beyond consumer expectations to
remain on the cutting edge of its industry.
2, Uniqueness
To have a memorable brand identity you
need to be distinctive. Some of the world’s
most popular brands, such as Apple,
Starbucks and Domino's Pizza,
successfully achieved this. For
Apple is widely known for its minimalist
approach to design and technology as well as
its innovative products. Starbucks is known
for its high-quality goods and services that
have
instance,
are consistent across every store worldwide.
Giving your customers a specific reason to
use your services will without doubt keep
them returning to your brand, time and time
again.
3. Passion
Though it’s possible to build a brand on a
short-term basis without passion,
maintaining the success of that brand over
JULY 2017 HelloBtz. | 80the long term is incredibly difficult without
passion. Some of the world’s most successful
people, such as Steve Jobs and Oprah
Winfrey, did not or have not succeeded
without passion. Passion is the force that
drives us even through the most challenging
of moments, propelling us to work harder
than everyone else to continually deliver
greatness. If you possess a genuine passion
for your brand, that passion will rub off on
your customers who will feel just as
enthusiastic and excited about your products
or services as you are.
4. Consistency
With all of the above being said, it is still
important to be consistent in everything you
do as a brand. Consistency is the blood that
runs through your brand, differentiating it
from the competition and enabling it to
remain in the memories of your consumers
for longer. It also brings familiarity to your
brand, which automatically leads to loyalty.
Provided you consistently deliver
high-quality goods and services, you can
expect your customers to return back to your
business in future.
5. Leadership
The world’s greatest brands are supported by
influential leaders who continually aspire for
greatness. Whether that involves a sports
team, a large corporation or a small business,
the most successful of these will have an
influential leader backing them. When you
think of Apple you immediately think of
Steve Jobs, who was an extraordinary leader
who taught us all many valuable lessons
about strength and leadership.
As a business owner, you need to live and
breathe your brand in order to inspire both
your workforce and your clientele to possess
the same enthusiasm and passion for your
brand. This in turn, will lead everyone
associated with your brand to feel deeply
affiliated with it as your passion for what
you do truly shines through
6. Exposure
Another important characteristic of a
successful brand is exposure. Well-known
sports brand, Puma, combines numerous
marketing channels to reach out to its target
audience, including video, social media and
experiential marketing to truly immerse its
customers into the brand
Although you may not have a budget as vast
as Puma’s, thanks to the internet it has
never been easier to increase exposure of
your business, By developing a presence on
social media sites such as Instagram,
Facebook and Twitter and reaching out to
customers through multiple channels, you
have a better chance than ever to reach
consumers and establish your brand on a
global scale.
7. Audience Knowledge
Last but not least, you cannot achieve any of
the above without having a thorough
Knowledge of your target audience. You can
easily do this by performing in-depth
research about the demographics of your
target audience
This not only improves the quality of your
content but also helps you to communicate
with your audience in a way that directly
appeals to them, which in turn encourages
you to create a strong, human connection
between your business and your target
audience.
Successful brands adopt the
above-mentioned practices to better
themselves and refine their image, which in
turn inspires people to buy into their
brands. How does your brand measure up?
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Website: www.thefooddoofs.comWeb Hosting is the foundation of a web site
that leads to run it properly. Web Hosting
plays each and every role from data storage
to serve that data to you and your website
visitors, That’s what we are going to discuss
today in detail, in this article, that how web
hosting plays an important role in the
success of online business websites.
Before it, let’s discuss in brief why business
websites are built? To gain as many visitors
as they can.... Not just to gain much visitors
but also to engage them with the business
That's why if we broadly see web hosting
comes to play two major roles here. One is to
handle a lot of visitors. Not every web
hosting is able to handle a high amount of
traffics of a business website. There are some
special virtual dedicated and dedicated
servers that can help in managing high
traffic business websites.
On the other hand, visitors will only engage
with your site if they find everything on the
website for looking to what, they came to
your business website. That means the
website should be quite fast on every single
task that is performed related to it. Here
Speed matters the most. The loading site of
the website's main page and sub-pages or
anything present else on the website matters
a lot. That again directly depends on the web
hosting. If the web hosting had enough
specifications, it would be able to run and
manage that business website otherwise,
that business owner will not be an able to
engage the visitors in his business.
So, up to this, we have one thing very much
cleared, that web hosting plays very
important role in running an online business
website but how in the success? That's what
we are going to learn now.
IMPORTANCE OF WEB
HOSTING IN SUCCESS
OF ONLINE BUSINESS
WEBSITES
Things to Consider that Proves Web
Hosting Leads to Success of a Business
Website
Here below, we've listed down some of the
things that you can consider while saying
that web hosting leads to the success of a
business website or in other words, these are
those things that can help us to explain how
web hosting plays a role in the success of
online business websites.
1. Ensures the Speed of Site
‘The very this in the business scenarios is
speed. Everyone wants to get their work
done on time. That’s why it’s an important
factor to consider while running business
websites successfully. Speed, not just for
business websites but for any kind of
website directly depends on the server
response time. As soon as your web hosting
server will respond, faster your website will
be served to your visitor. Thus, the chances
of conversions will be more if you are having
JULY 2017 HelloBiz | 83good web hosting that provides great speed
access to their servers. Web Hosting should
keep on this speed every time as it’s
important for the success.
2. Ensures the Site Availability
Not all of the web hosting companies
guarantees full up times of the website. But
having a business website means you should
not have any downtime in running you site,
but if you have, you will surely have lots of
loss in your business. That's why assurance
of site availability all the time by the web
hosting company is very important. With
growing terms, the number of visitors in a
small unit of time will be increasing day by
day. And the website leads to success if it
remains accessible all the time, even when
it’s in a huge growth period.
3. Ensures Adjustment with Growing
Needs
As the number of visitors will be growing,
every website master has to make some
essential changes with their websites,
especially in business websites, to keep on
their website and business growing
simultaneously. That’s why the web hosting
should be able to adjust itself according to
the growing needs of the website
automatically or should be at least such that
the site managers can make sufficient
changes to run the site properly without
having any negative effect.
4. Ensures while
troubles
Every website face issues time to time. And
it’s a combined job of the business website
manager as well as the web host to face and
solve those issues. That’s why the web
hosting should be able to support us while we
have issues with our websites. The Web
hosting company should be offering full and
Support having
any time support. As if a growing website
that is just going to get success doesn’t get
support at the right time then it may lead to
a loss of so many new conversions. All best
web hosting India service provider clearly
focus on the good support system to the
clients.
5. Ensures Flexibility
Here by Flexibility, we mean we can have
each and everything on our website without
having any interruption by our web hosting.
Many times web hosting don’t allow us to do
what we actually want to have with our
business website. For example, we are
unable to run some important applications
on our web host. That's why the web hosting
should be completely flexible so that the
website managers would have the liberty to
have any application for their business
websites.
Conclusion
All of the above-described factors are the
factors that matter and plays various roles
on behalf of the web hosting in the success of
online business websites. Success is possible
when we are able to manage our business
website in the growth period of the website
If we passed this stage, it would be easy for
us to take further actions that can help us to
stable and maintain the success of our
business website
Web Hosting Companies in India
Y Bigrock ¥ Ipage
Y Godaddy ¥ JustHost
Y HostGator Y Net4India
Y Bluehost ¥ IndiaLink
¥ Hosting Raja Y DreamHost
Source: bestwebsiteinindia.com
JULY 2017 HelloBiz | 84THE ONE THING
SUCCESSFUL
EOPLE NEVER DO
Suecess comes in all shapes and colours, You
can be successful in your job and career but
you can equally be successful in your
marriage, at sports or a hobby. Whatever
success you are after there is one thing all
radically successful people have in common:
Their ferocious drive and hunger for success
makes them never give up.
Successful people (or the people talking or
writing about them) often paint a picture of
the perfect ascent to success. In fact, some of
the successful people in business,
entertainment and sport have failed. Many
most
have failed numerous times but they have
never given up. Successful people are able to
pick themselves up, dust themselves off and
carry on trying.
I have collected some examples that should
be an inspiration to anyone who aspires to be
successful. They show that if you want to
succeed you should expect failure along the
way. I actually believe that failure can spur
you on and make you try even harder. You
could argue that every experience of failure
increases the hunger for success. The truly
successful won't be beaten, they take
responsibility for failure, learn from it and
start all over from a stronger position.
Lets Look at some examples
Henry Ford — the pioneer of modern
business entrepreneurs and the founder of
the Ford Motor Company failed a number of
times on his route to success. His first
venture to build a motor car got dissolved a
year and a half after it was started because
the stockholders lost confidence in Henry
Ford. Ford was able to gather enough capital
to start again but a year later pressure from
the financiers forced him out of the company
again. Despite the fact that the entire motor
industry had lost faith in him he managed to
find another investor to start the Ford Motor
Company — and the rest is history.
Walt Disney — one of the greatest business
leaders who created the global Disney
Empire of film studios, theme parks and
consumer products didn’t start off.
successful. Before the great success came a
number of failures. Believe it or not, Walt
was fired from an early job at the Kansas
City Star Newspaper because he was not
creative enough! In 1922 he started his first
company called Laugh-O-Gram. The Kan:
based business would produce cartoons and
short advertising films. In 1923, the
business went bankrupt.
is
JULY 2017 HelloBiz | 85Walt didn’t give up; he packed up, went to
Hollywood and started The Walt Disney
Company.
Richard Branson ~ He is undoubtedly a
successful entrepreneur with — many
successful ventures to his name including
Virgin Atlantic, Virgin Music and Virgin
Active. However, when he was 16 he dropped
out of school to start a student magazine that.
didn’t do as well as he hoped. He then set up
a mail-order record business which did so
well that he opened his own record shop
called Virgin. Along the way to success came
many other failed ventures including Virgin
Cola, Virgin Vodka, Virgin Clothes, Virgin
Vie, Virgin cards, ete.
Oprah Winfrey - Who ranks No 1 in the
Forbes celebrity list and is recognised as the
queen of entertainment based on an amazing
career as iconic talk show host, media
proprietor, actress and producer. In her
earlier career she had numerous set-backs,
which included getting fired from her job as a
reporter because she was ‘unfit for
television’, getting fired as co-anchor for the
6 O'clock weekday news on WJZ-TV and
being demoted to morning TV.
J.K, Rowling ~ Who wrote the Harry Potter
books selling over 400 million copies and
making it one of the most successful and
lucrative book and film series ever, However,
like so many writers she received endless
rejections from publishers. Many rejected
her manuscript outright for reasons like ‘it
was far too long for a children’s book’ or
because ‘children books never make any
money’. J.K. Rowling’s story is even more
inspiring because when she started she was a
divorced single mum on welfare.
Bill Gates - Co-founder and chairman of
Microsoft set up a business called
Traf-O-Data. The partnership between him,
Paul Allen and Paul Gilbert was based on a
good idea (to read data from roadway traffic
counters and create automated reports on
traffic flows) but a flawed business model
that left the company with few customers.
The company ran up losses between 1974
and 1980 before it was closed. However, Bill
Gates and Paul Allen took what they
learned and avoided those mistakes when
they created the Microsoft empire.
History is littered with many more
similar examples:
*Milton Hershey failed in his first two
attempts to set up a confectionery business.
+H.J. Heinz set up a company that produced
horseradish, which went bankrupt shortly
after.
Steve Jobs got fired from Apple, the
company he founded. Only to return a few
years later to turn it into one of the most
successful companies ever.
So, the one thing successful people never do
is: Give up! I hope that this is inspiration
and motivation for everyone who aspires to
be successful in whatever way they chose. Do
you agree or disagree with me? Are there
other things you would add to the list of
things successful people never do?
Akshara Seth
Akshara is currently
Chief Operating Officer
at HR POWER HOUSE
assisting Educational
Institutions and
Corporates for all Human resource needs.
She loves travelling & treasures helping
people in making people live their lives
happily and productively. She regularly
writes on Positive Psychology, Leadership
ete.
JULY 2017 HelloBiz | 86CREATIVE BLAZERS
Customised blazers made
with branded fabric at
reasonable rates.
Wide Experience and
Expertise in supplying Blazers
and Uniforms for School/
Colleges and Corporates.‘APP’SOLUTELY
NECESSARY
Business people assume a fundamental part
in market economies. Being a business
person is an extremely remunerating. If you
are an entrepreneur or planning to become
one, you may have probably realised that
you're actually getting to live the dream. You
are or will work for yourself. You will set
your work routines. You will claim your
prosperity and will take advantage of your
particular time as opposed to letting another
person do it for their own particular benefit
Each business visionary goes over a few
difficulties en route, the vast majority of
which had to do with organising, scheduling,
managing time and other issues related to
running your day-to-day tasks. In the course
of recent years, the propinquity of some
surprisingly useful and versatile mobile
applications has made the lives of,
entrepreneurs less demanding as compared
to the older times. You'll be flabbergasted to
recognize that whether you have a tech
concern or a business worry, there's presumably
an existing application that can help you to
out of that situation. Apps are a great way for
every business owner to stay organized and
on top of their everyday business exercises.
ce EVERNOTE
Evernote is enormously prominent.
there’s a decent shot you as of now utilize its
application in some frame. Still, I'd be
delinquent in the event that I didn’t specify
it, as it stays one of the best instruments I’ve
ever utilized for arranging ~— my
considerations, bits of knowledge and
arrangements. Showing either as a desktop
instrument or a portable application,
Evernote is the ideal note-taking framework,
With an assortment of devices that perform
looks, make schedules and synchronize your
gadgets, you can in a split second transform
any meeting into an in a split second sorted
out the heap of just the most vital takeaways.
and
JULY 2017 HelloBiz | 88pocket
How many times have you run across
something interesting, but you didn’t have
the time to read it right away? Pocket makes
it easy to save videos, articles, and whatever
else you find online so that you can peruse
them later. When you're tired of social
networking but still want to wind down at
night with something interesting, Pocket
might be your best friend. Even better, you
don’t need an Internet connection to view
what you've saved. Pocket is simple to use,
and best of all, it’s free.
3 Dropbox
Digital files, if stored in hard drives, are
vulnerable. And we are not talking about
their exposure to online security threats.
Hardware can be stolen or damaged. The
result is not pretty. Stored data can be lost,
and for an entrepreneur like yourself, this
can cost you. This is why most start-up
owners and their staff rely on cloud based
platforms to share digital photos, documents
and videos over the cloud, The best amongst
them is Drop box, a mobile and desktop
based application. The app gives you access
to a free cloud sharing service which makes
project collaboration a breeze. A tool that
enables document sharing on the cloud is a
pretty great option for a start-up that is
connected to a network.
While a launcher may seem like an unlikely
app for this list, entrepreneurs always need
to save as much time as possible on the little
things to focus on the big picture. The
most-used apps are at the top so you will
shave seconds off your daily schedule,
making for a more productive afternoon. It
would enable you to access and launch apps
faster without wasting your time searching
for it on the App drawer.
=>
audible~
Entrepreneurs are always on the hunt for
new ideas. Ever wonder where do they get
their ideas from? Surely, they are not born
with them, A well read entrepreneur is
usually a powerhouse of ideas and thoughts
Audible is the best app for those who find it
difficult to manage time for reading books.
This Smartphone app allows you to listen to
books without the need to actually focus on
reading while you are out travelling or just
doing chores.
wave
cecountingr
Wave is a free, cloud-based accounting app
to help track income and spending
specifically designed with entrepreneurs
and freelancers in mind. You can manage
payroll, invoicing, and payments, as well as
create business reports and scan receipts for
your records easily. Their website states
that using Wave eliminates manual data
entry and alleviates worries of missing
transactions. It makes you ready for tax
time without stress.
6 grammarly
Let’s face it—typos and grammatical errors
are unbecoming, even for irreverent tech
startup founders. Grammarly is an
web-based proofreading tool for ensuring
that a document’s grammar, spelling, and
punctuation are up to snuff. The tool also
features a nifty plagiarism detector for
identifying text “borrowed” from other
websites.
JULY 2017 HelloBiz | 89€ MailChimp
This email marketing tool helps you build
and manage your mailing lists, and easily
create and send newsletters. You can also
build and customize email templates and
view performance reports about your emails.
This information can help you send your
customers more relevant ~—_ emails.
MailChimp’s pricing depends on the number
of subscribers you have. It's free to send up to
12,000 emails per month if you have up to
2,000 subscribers.
W Potaris oFFice
Polaris Office is a reliable alternative to
Apple's iWork that lets you edit, create and
sync Microsoft Office files from anywhere on
your phone or device. The basic version is
free, while the smart version costs $3.99 per
month and the pro version costs $5.99 per
month. ‘The latest version of the app received
a rating of four out of five stars on Google
Play and was named 2015's best app by the
site.
Piel uite Kol
Zomato, the ultimate restaurant, bar and
food finder is for those busy entrepreneurs
who didn’t pack a lunch for the day or can’t
figure what restaurant to hold the client
meeting at or need to check how expensive
the cocktails are going to be at the decided
venue of the client meeting. The Zomato app
not only offers you a list of places to order
from but also the updated menu, pictures
and customer reviews of the place, all on the
go!
‘These applications won't transform a tumble
into a million-dollar thought, nor will they
ever completely computerize your employ-
ment, however they ought to, in any event,
help you remain sorted out, spare you time
and inerement the effectiveness of your
ordinary work. With those changes set up,
you ought to end up with fewer slip-ups,
fewer stresses, and significantly additional
time staring you in the face
’ WHY YOUR ONLINE
BUSINESS NEEDS A VIDEO
sates
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a 2019
Videos can increase
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OF INTERNET TRAFFIC moretime on: ‘tes
with video content
80% CONVERSION
INCREASE BY THE INCLUSION
‘OF A VIDEO ON LANDING PAGE
20% of intern
entire text
80%
fineness
repent ae
sanian
nine AD
JULY 2017 HelloBiz | 90With over a billion of active users and 30
billion messages sent daily worldwide,
WhatsApp is reportedly the fastest-growing
communication app to the date.
Almost everyone has it on their phone and
knows how to use it, so your clients will not
need to download anything. It is also simple
and intuitive, has a clear interface with no
superfluous details, so people do not have to
learn anything new.
All you have to do in order to reach this broad
audience is register a number (better make it
different from the one you have for personal
usage), upload a recognizable profile picture
related to your brand and you are good to go.
If you run a small to medium business, here
are the six key reasons why you should start
using WhatsApp to promote it
1. WHATSAPP IS A TOOL FOR INTERACTION
WhatsApp should only be used as a tool for
quickly interacting with known persons. For
6 TIPS TO USE
WHATSAPP AS
A MARKETING
ute)
example, if you own a furniture shop, you should
use WhatsApp to send pictures of new inventory
items to existing clients. This type of interaction
should be one to one because your client may not
want to become a part of, say, a WhatsApp group
of your existing clients because he has no reason
to interact with your other clients.
2. BUILD AN INTERACTIVE COMMUNITY OF
LIKEMINDED PEOPLE:
Cease the initiative. Go around the
neighbourhood and create WhatsApp groups of
residents, Since there is an upper limit of 50
residents, you may need to make more groups,
Once enough activity on the groups has begun,
do some marketing occasionally by sending a
message. Do not send a graphic or a video which
is unaccompanied by a message also.
3. WHATSAPP AS A TOOL TO ORGANIZE:
Today, WhatsApp is one of the best tools to
organize people for a cause or an event
Supporters of the BJP used WhatsApp
brilliantly to organize themselves in various
JULY 2017 HelloBtz | 91constituencies. So the next time you're doing eine ied
an event, do send an invitation to all your
groups.
4. DO NOT SEND UNSOLICITED MESSAGES re eh
TO RANDOM PEOPLE ON WHATSAPP. = Ltt
Personally, I have never entertained even ea
one message which I received from some
unknown number. (They were generally
related to some awesome spa facility). If T
didn’t block these numbers, I simply ignored
them.
Perera
Se naa
5. CHANGE YOUR DISPLAY PICTURE TO
YOUR PRODUCT.
And change your WhatsApp status to either
your website or an obviously marketing
status. For example: “Contact me if you're Messages on IM services
looking to buy quality furniture” See el ac
Pee eae nus
6. OPTIMIZE THE CONTENT YOU CREATE
eer
FOR WHATSAPP. or eee os
he «aol = Dee ee eat
Make sure if you're sharing a video on B peat etd
WhatsApp , it’s small in size so that more coopers
people are able to download it. Remember: ne (w
People would rather watch a short video on - or
WhatsApp than they would a large video
shared on WhatsApp from YouTube. oe peepee
Source- f CO aang
www.nurturetalent.com : $19 Billion
www.socialmediaweek.org earn ta sic Tai
o = ers
9
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This What Happens Ina
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9987434023 ee,A simple question, what is a website?
In its bear form, a website is a single domain
that consists of different web pages. We
should all know that by now, but surprisingly
what we do not all know is the benefits a
website can provide for your business and it's
shocking to witness how many businesses
don't actually have a website or online
presence. If you have a business and do not
have a website you are losing out on great
opportunities for your business. a website
itself can be used to accomplish many
different marketing strategies to help your
business grow. As a business owner, you
need to know where your consumers are but
what if consumers know your business and
what you can offer but they cannot reach you.
That is one of the risks you take by not
having a website for your business. What are
some other benefits of having a business
website?
1. Cost effective
You know exactly how much your website is
going to cost you and its maintenance. a
brick and mortar store, on the other hand, is
susceptible to many out of the ordinary
occurrences which could blow out the costs
such as leaving the lights on, theft damage,
extra staff etc. a strategically developed
online presence solution
provides tremendous benefits and costing
outlines to accessible around-the-clock.
website and
2, 2dx7x365
Your website and social media accounts are
accessible 24 hours a day, 7 days a week and
365 days a year. Imagine that you want to
buy from a store. You put in all the effort
required to go to the store, but when you get
there it's closed. We all know how irritated
we feel in that situation. You will think
twice about going back, given the bad taste
its left. You will just find another store that
is more easily accessible. Since your website
is operational around the clock for the
convenience of the local coffee shop, their
couch or their bed your customers and
clients can easily access your website and
services
3. Convenient
What is more convenient? Driving outside to
look for different stores that are available to
shop in or sitting in the comfort of your own
home and shopping for the products you are
looking for. Pretty obvious answer, unless
you like aimlessly driving around. Smart
businesses realize this and thus have their
own website housing their products and
services so that potential customers can
browse online for the products they want to
purchase.
4. Credibility
By building a website you are giving your
business the opportunity to tell consumers
why they should trust you, the testimonials
and facts to back up those opportunities.
Believe it or not, most people will search the
JULY 2017 HelloBiz | 94internet for a product or service before the
purchase to check the credibility first. When
you provide good service or product positive
word-of-mouth about your business is likely
to spread which in turn delivers more
repeating new business. People tend to trust
a business after they have done business
with it using your website you can
continuously serve consumers online and
increase your credibility is a business owner.
5. Sales
Without sales or selling more than you spend
your business is doomed. By having an online
presence you allow for the sale of your
products or services around the clock to
whoever, whenever with no or hardly any
limitations, unless you run out of stock or
overworked. But that's a good problem to
have, right? Giving your business the online
presence it deserves is crucial to your brand
and accountants smile. In short being visible
worldwide means, you are very likely to gain
more customers. The more customers and
visitors you have the more sales you will
generate. The more sales you generate the
happy you and your shareholders will be.
6. Marketing
Having a website and online presence
strategy allows you to market your business
online. There are lots of marketing strategies
you can use to advertise and market your
business. All online marketing strategies
have been proven to be effective. Which ones
you choose depends on the type of business
you are in.
To sum up, big impact doesn't have to mean
big budget when it comes to the web. It's all
about being relevant, consistent and
accessible online. It is imperative for every
business to have a website. The more
professional your website is the more
advantages you can gain. Remember, a
professional image online can be the first
exposure a customer will have of you, and
will absolutely separate you from your
competition. According to a study, 46.1% of
people judge a company’s credibility by their
website.
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JULY 2017 HelloBiz | 95