Posts

The “Business” Saga of a Leader

(by Avni Sri, Club Manager, E-Cell VNIT) There goes a great saying in this business world: Remember the difference between a boss and a leader; a boss says "Go!", a leader says "Let's go!". So, leadership is action, not mere position. The essence is that a leader assumes responsibility and believes in holding that responsibility collectively. But hold on.... He says, "I was beaten", he does not say "My men were beaten”.(He cannot let this happen, folks!) Success to be shared with everyone lest you should be a limelight snatcher and pains to be vested with you alone or you are an ace of blame-game, a more worthy bad workman complaining his tools -- yes, welcome to the real life of a leader. Your executive ability scaled down to your ability to decide quickly and get somebody else to do the work. Your efforts to put ideas suggested by others together and work out a masterpiece as adding substance to "great artists steal and ge...

Mindset behind a successful Start-up

Image
-by Aaditya Holani A start-up starts with an idea, generally against a problem faced in our day to day life. It not only requires a good idea but also a thorough initial stage planning. It’s just like sailing a ship. No matter how hard and rough waves a sailor faces he keeps on moving by modifying his sails and continuously remodelling his ship to face the obstacles coming ahead. Similarly, a start-up would sail the ship while building it. As the tides grow higher and the ship poses a certain requirement, the designer adds them along and keeps sailing it. That's how start-up works. Similarly, one requires a definite mindset to break through the obstacles and make his idea a success. Some of which are: #Dive head on in the ocean of opportunities: This world consists of a ton of opportunities, the only thing is one has to find them. No matter how small it is. If you believe in it, you should give your all to make it a success. Of course, each opportunity comes with...

A different method in Bootstrapping

Image
- by Karra Rutwik Reddy  Nawab fikr trishool ki, Gareebi jaaye tere fuzool pe..!! Hisaab, sab galat salat… Jawaab, sab galat salat… These are lines from an upcoming young indie musician’s song. Quiet thought provoking, right? May be not for everyone; but for some who feel responsible, who are feeling the quench of loneliness in their heart, yes it is poking them a lot, or at least me. But how relevant is this to entrepreneurship? Well, be patient and read it till the end. This article is all about how poetry, prose and music combined is creating impact in the lives of the literature lovers and feeding the one’s who are selling their talent. In a country like India, ironically which has the origins of the vedas, upanishads and the greatest literature the world has ever had, a career in the same isn’t even considered as the last option. A young 24 year-old boy with long uncombed hair, shabby beard, ears pierced, wearing a waist-coat and loose pants, holding a p...

The journey of Netflix

                                                  - by Abhiram Ambadipudi Netflix, Inc. is an American over-the-top media services provider, Founded in 1997 by Reed Hastings and Marc Randolph, the company's primary business is its subscription-based streaming service, which offers online streaming of a library of films and television programs including those produced in-house.In 2017 Netflix had a total revenue of $11.692 billion. Netflix also introduced binge watching which resulted in increase of the subscribers. It is often called as "Next generation television". Netflix's initial business model included DVD sales and rental by mail. In 2007, Netflix expanded its business with the introduction of streaming media, while retaining the DVD a...

Sycophancy

                   - by Mayuri jibhe _I would rather a thousand times be a free soul in jail than to be a sycophant and coward in the streets!_           - _Eugene Debs._   If you are not good at being a lick spittle then forget about the pinnacle, mediocrity waits for you eagerly. Sycophancy is so much appreciated these days or rather I would say that it has always been much appreciated since even before our independence due to selfish nature when Britishers were the rulers. (if you know what I mean).   It is not at all necessary that if you are a servile flatterer then that brings respect in you for that person. Promoting such a behaviour is just bad. It is infuriating, when teaching professionals or anyone who is assigned to a exalted position accepts, appreciates as well as promotes this behavior. Because then, the cycle continues. ...

Corruption or business

                       - by Mayuri jibhe World is a balanced instability, Hazardous order of disruption. Continuous overuse of availability, Encouragement of unhealthy competition! Everything we did, we are doing and we will be doing is for money. "Money can't buy you happiness, but it can make you awfully comfortable while you're being miserable"          -- Clare Boothe Luce. There are many ways to gain Name and Fame but only a few people choose the path of honesty. And the greedy ones opt corruption! #Business Inefficiency Because corruption entails improper use of the available resources, it can jeopardize the efficiency of a business organization. Resources that would be used in implementing important business operations are instead employed in unrelated or unproductive functions. Bribery in the process of awarding tenders a...

Uber or ola , what if uber-ola ?

                                         - By Vishal Kale Uber and ola are two taxi-market rivals, sometimes we had a situation to choose between them. What if they merge? Ola is most trusted and used app-market in India, then comes uber. As per the data, ola runs 9,00,000 cabs in India. And uber runs 3,50,000. But Ola was facing losses in this market, as it's cost of maintenance, services and other charges are more than fares they applied. According to various data, ola has 56-70% market share in India. According to the information, in 2017, Uber's operating loss was roughly half of its net revenue Unlike the Ola, but they don't have a customer following has ola has gained by its discount factor. Ola has invested so far in each field like customer satisfaction, drivers incentive etc. Ola spend...

Hatched : The Data Theft Story

(by Saurabh Singh Rajput, Second Year CSE, VNIT) "There are two types of companies: those that have been hacked, and those that don't know they have be en hack ed." What if I tell you that presently at this exact moment your credit card name,number,password each and every bank detail, would be on sale on dark-web where any random stranger can buy this details in exchange of some bitcoins or money and can use the card for his/her personal use Or Would you believe if I tell you that till the time you end up reading this whole sentence at least 400 new data thefts would have occurred. That’s right because every second 64 records are being stolen and the world has no clue about it. Before going into the technical knowledge of the topic let’s understand what “Data Theft!!” actually means. Do you remember the English series “F-R-I-E-N-D-S” episode in which “Rachel’s” credit card gets stolen, or the scene in the movie “THE SOCIAL NETWORK”in which Mark Zucker...