Re: Can be made into 5 points - unnecessarily expanded to 25
by My Opinion on Sep 28, 2012 05:25 PM
But it doesnt make business sense for rediff. the more page they create the more ads they can put.
Remember we are in commercial world and forget the yester years of fair journalism.
They are all self serving aka paid news. (And that is why you always see congress praising and BJP bashing news no matter what because congress parts some of corruption money with media)
The single most reason companies fail is under-funding of a company. People don't realize the daily cash it takes to run even the smallest operation. So, if you are underfunded to begin with than you will get stressed out, fight for daily survival and quit. So, start with a reasonable cash position. Rarely, a start up will start making any money from day one. So plan for long hall - at least try to cover initial expenses.
Start with good cash in hand and remember to price your products well and don't undersell because it is better to have just one profitable customer than have 10 loss making customers. You aren't in business to make losses!
A wonderful article.Most of the aspiring entrepreneurs know what to do how ever they don't know how to do. This is exactly what the writer has explained.Would like to thank Mr.Apoorve for sharing his experience.