In USA and developed countries the attitude is different compared to underdeveloping countries like india. Part of this is to blame on our education system. Business itself doesnt mean making money in unethical way. So education plus experience plus money and doing it in ethical way will go a long way.
the author is talking about business in general not just tech start ups. there is a big difference. In USA,aust etc general business is big business!In fact it probably outnumbers tech biz 20 to 1 maybe! the way people interact in these businesses is quite different. Lot of it is superficial and image oriented. Many of these business are riding just on their brand image. also they can be worth a lot. The vocabulary to run these biz is all different.as its so competitive the small unique things become big focus points and mean everything to that biz
( i dont think what he says is relevant to certain industries. i mean if you write good software or some tech invention,the world will beat a path to your door even if you are in lungi and eating on banana leaf)
Seven things that some Tom hates about Indian biz guys 5. Not founder friendly ?
You mean to say the entrepreneur is not friendly with himself & doesn't play with himself? Ditto conceptual mismatch with point 6 (no connection with the subject line)
...founders of companies continue to grow? I think you mean the cos continue to grow & hence the founders can be role models. No such thing as founder are continuing to grow. Although i know the cos. you meantioned are not exactly growing. Last time i checked some of them had serious cost pressures & STRUGGLING to stay afloat.
These NRI tools who make it big in business friendly countries, think they can start lecturing everyone about how to run a business.
Somebody needs to give this moronic author a crash course in Indian reality.
Indian investors are wary; "not founder friendly"; pessimistic and distrustful of every new "venture" because they have burnt their fingers one too many times on tips about "hot" new ventures and not because they hate all new entrepreneurs!
Let this NRI tool work in the Indian business domain for a couple of years and then let's see how good his "business savvy and expertise" is!
Indian companies lose out in International Market because they are cheapo x 7 unlike European and American companies and that is a real drawback. They need to learn how to treat the client right. It is all customer service and Indian compnies have no clue what it is.
1) They never understand the need for maximum parameters indications in any communication - without viability to provisions for communication gap due to dummy factors.
2) They never respect the land which provide chance for them to invest and get returns
3) They think their pound or dollar is the only pound or dollar in the world
4) They never understand some forces ensuring their community's victory through hidden attacks on competitive indians in their stream of business (even though it is ending with their death by their enemies )
5) They think their media can support them always for their victory
6) They think all politicians are their dolls who can be bluffed and utilized by their communities through human senses manipulations
7) They think their trojans in some ashrams can ensure their community's victory always
8) They think rupee depreciation artificially through fowl play in currency markets can be useful for their investments in India
9)They think world can be bluffed even after 'AWARENESS'
10) Most importantly, they never understand the peer lords in India cannot be overruled in present world as it was happening during East India Company times
Disclosure : All these things are relevant to some people only, not on all
Corruption is everywhere in world in some form. But in India even the peon who opens door to govt office feels that but for him opening the door, the 100 billion project could not have gone on stream. And expects hafta.
