Doing buisness in India is a nightmare... 1.0- For registering you need to bribe.. 2.0- If you deal with govt/agents--> need to recurit ex govt employee as consultant (who can with his network) give you order (also need to bribe). 3.0- You need to entertain the auditors.. 4.0- Bribe the finance to get the payment (u will get in 10 months)/ In private sector -B2B buisness - 1)- no will try out..others will keep fooling you..spent a lot in the trade fair and exhibitions --people will promise ..they will ensure you treat them like god..but no result. 2)_even if you do some --they will expect freebies...do this /do that.... 3)- expect you adjust payment and dare not to ask for bill..or you are good..then they will give you large order ..block your funds and will delay payment by 1-2 years.....
1) Try clearing the IAS / PCS - work for 4-5 years, make a large capital...book an FD for the amount u wish to receive as salary n risk the rest in business...
2) Do the usual IIT IIM and go abroad for a few years...earn the mega bucks and come back to start a business..
3) Always remember "India is country full of poor people" - so u can sell only low value stuff OR u will need govt / good client network to sell to the rich...
4) Keep a back up plan...this is India...nothing really works here...keep a back up plan ready...
Re: some more tips from my side
by greatbihar on Jan 17, 2012 08:57 PM
Good Advice but it is applicable to only 1% of indian because only Top 1% indians are able to clear IAS/IIT/IIM.
1) Try clearing the IAS / PCS - work for 4-5 years, make a large capital...book an FD for the amount u wish to receive as salary n risk the rest in business...
2) Do the usual IIT IIM and go abroad for a few years...earn the mega bucks and come back to start a business..
3) Always remember "India is country full of poor people" - so u can sell only low value stuff OR u will need govt / good client network to sell to the rich...
4) Keep a back up plan...this is India...nothing really works here...keep a back up plan ready...
