Re: .
by ymum on Jul 09, 2011 06:29 PM
you are right.every enterpreneur should calculated risk in startups and always should have back up plans.They should have surplus cash in hand for 2 years to pay their employees if they dont get business initially.big companies do mistakes just hiring and firing employees .Either you should go with the market that is less risky rather than creat the market.big risk is there.employees will join they will live with the company for one year.then they will switch jobs .they will eat your profitability ultimatly company will be in situation to fight for their survial with huge debts and market failure.Think reliance lead by anil ambani.They are very aggresive but now a days market has eaten their market capitalisation.their combined net worth is equal to tata.Net worth tata-4.60 lakh crore while mukesh and anil both have 3 lakh crore now.so where growth has gone spite of aggresive growth strategies.can any body answer?
