Expand Business
paradise vs bawarchi
branches
- license fee(Microsoft),
- royalty,
- IPR,
- patent,
- asset light model.
sustainability, then scalability
market positioning
multiplexing not addition
Formula on Financial Stability compounding inflation
2004
100
2014
259 nominal after tax 196.3
after compound inflation (8%) 112
Salary growth 10%, inflation 8.5%
2000 year kachori 2.5 INR
2015 30 INR
15 years 12 times price change(compound) 12X
president, supervisor, asst manager, manager, dy manager.
50% promotion >> then 50% promotion, 50% declining promotion. pyramid growth.
invest in your business not other stocks.
Profit 15%
tax 30% 4.5%
saving 10%
inflation 9%.
Personal investment
continuous developments skills & body on yours than other wealths
improve your brain & body 10% amount. personal invest.(coaching, seminars, motivation, workshops,collaboration,
reduce entertainment Increase edutainment.
double rate of earnings = triple rate of learnings.
financial debts causes this
- Bp,
- stress,
- depression,
- anxiety,
- free thinking
- killing creative ideas and growth
if you buy things that u don’t need then you have to sell that need
-
warren buffet
sell unnecessary thing deprecating assets
(nit using for years)
temporary downsizing
dineout, travel, subscriptions (net). non valuable objects, depreciating assets, .
Pay loans with 2nd income
2nd income: freelance photography,lic agent, real agent, part time teaching, mlm executive, tour guide for weekends (business opportunity), cook & sell things, ola uber,
passion with profession.
have emergency saving fund
(liquid debt fund)
Habit of budget is an extra blessing
keep ur intelligence above emotion.
reduced emotional spending
throw excess cash on ur debt.
Debt restructuring
Debt management
cash profitability
cash liquidity
Jio case study
Customer perception
customer behavior analysis
Growth-hacking strategy
Acquisition (users), Activation(user decide to ur products), retention, referral(customer into promoter), Revenue,
Loss Leading Strategy (selling for loss jio 3 months free)
exit barrier entry barrier
Monopoly (Market penetration strategy)
Blue Ocean Strategy
lijjat papad Case Study
pindi branch
papad at home
80 crores export
soap,detergent, mirchi, masala
supplier u >> distributor
cross promotion
collaborating with non-competitor
(cola+pizza)
hotel+travel) android kitkat
uber+spotify
gopro+red bull
nike+apple
show me ur friend & i tell your feature
indian education system
faculty problem
company
automation,AI, lean management process
lessons
or
projects
problem soling
case studies
75% attendance, buy project
foreign
80% case study,
10% project
5% learn
5% lecturers(school business profitable) immigration agent fly2oerseas
sustainability->scalability, surie>>growth.
iim offers freelance, consulting
immigration
immigrant license needed
schooling,farming (300 k $, net worth 500k$,tour,job
fake isa check stickers quality
shortcut..goto another flight hotel book blackmail.
donkey flight: go nearest then illegal way to enter by forest. bsf shoot you.
contract marriage by foreign girl.
TURN Passion into Profitable business
kapil sharma: talk from stage passion
problem market: stress,anxiety,depression,tension, hyper depression.
passion+problem==profit
chemist+latech + washing powder nirma (gujarat)
car passion (eat,sleep, fresh up in car) made car modification, bike modification
passion
problem soling solution in market present scenario
make profitable business (nike,youtube, find problems)
florist,doctor,retailer,author,movie, singer,
- Fb: facebook writing software from school,
- bill gates 13 years coding passion
- cooking sanjeev kapoor yellow chilli restaurant
high performance hire best one at start
adopt elon musk knowledge (acquire his ideas) cloning s creator
funding partners Joint ventures
hold shares in fastest growing companies to get high returns
increasing manpower doesn;t increase cost (actually decreases)
find the problems in existing business (isp poider)
whats your core business
learn with success people
side business
nice to have must to have
Passive income Recurring Revenue Model
Contract Based Agreement > jio pone 1500 free for 3 years to retain customers
Adobe -> split annual income into monthly subscription (EMI attracts new sales)
silent business partner Investor in ola, xiaomi, paytm, urban ladder (TATA)
subscription based business: india today news reader (employment news) (acquisition 80% cost, retention 20% cost)
Franchise Model (in ur business commission, royalty, revenue share).(launch a hotel give franchise)
LIC AGENT/MLM sell policy once get commission as long (years) as he pays premium.
Rent / Lease Property (open land) (positive & negative cash flow)
Reward Points to customer
Membership business model gym, saloon, spa, sports
SOftware as service: adobe, antivirus, apps
how man can do big as he can think.
to want success then be with successful men.
1. If you focus on the problem, Goal disappears. If you focus on the Goal , then Problem disappears.
2. You can only achieve as much as you think. Think big to achieve big.
3. Have dare to think even before dare to do .
Ask your mind to get that thing?
we need that needed necessary but not focusing on material things (cars)
mental diet plan boost your brain by books like gym to body. mental & body workouts necessary.
track no 1 in your industry be hit that.
ritual travel partners (bill gates, jack ma, warren buffet, elon musk, google, amz) as mentors.
remove the things that weak ur mind. add boosting things. (mental toughness )
2nd 3 types
-
responsibility
-
daily write things target grateful
-
change mindset 1st to change circumstance
-
if you fail don’t blame others
will
leave ordinary mentality Stay on will
if u don’t help yourself, then nobody can
6 tips for success
utsah, nischay, diry, reject bad people (to barrier your goal), accept good people ( those helps to achieve your goal)
-
enthusiasm
-
determination desire-decide-determination
-
patience
-
discipline (i hae come this far not to stay this far
-
reject wrong people accept write people (important)
-
who will be your mentor? (needed)
you gotta do what is right for your goal, not relying on what is easy.
you re getting busy doing something which is easy.
focus on goal statement don’t influence by others.
plan your routine work by these methods.
- eliminate,
- outsource,
- integrate,
- support
It consultancy mediator between client &owner.
motivation by Elon Musk
outside motivation
car/wealth/ name/fame
inside motivation
identity
elon musk
finding solution is biggest the problem
- zip2 –. compaq
- % share 7 million
- x.com paypal 165 M share
- mangal grah rocket 8M for by russia.
rocket launch 1st time fired, 2nd & 3rd time off route not in orbit.
lost his all money. 4th time success, got 1.5 Billion contract by nasa.
spacex formed to form reusable rockets
self learned programmer & rocket scientist
tesla motors
electric car.
1st time car cost high.
3rd time reasonable
driverless car
top 50 billionaire
futuristic, future oriented, barrier free thinking.
india and china (business)
- mass production (to reduce cost) & dumping
- competitive pricing with reverse manufacturing
- no Innovation , R& D, IPR, (no patents) US to clone the product (R & D done by US product , design & Quality Control manufacturing in China (Apple white label Product)
- cost effective labour (productie labour)
- skill development (government & private company tie up) business idea skill development agency registration at . ncs.gov.in
- experience & expertise
- automated equipment, quality control, supply chain,capacity utilization, expertise & experience
- Stability india bureaucracy & government (make in india)
- education 70% highers in china
- 8.industrial network clustering
- area wise: tech park, silicon,
- SEZ motor
- opportunity: Focus on Area that build only one product.(mobile,charger, battery,screen)
- Cost of power /unit & Aailbilaby india – 9 Rupees china 3 Rupess. (power plant best business)
- world class infrastructure
- roads, airways, ports, supply chain,
- reduced transported cost to the product
- 25 years plan vs 5 years plan (india politics oriented)
- 10. industrialist & government works together
- china occupying sri lanka, pakistan, africa
nano car Case Study (cheap word caused this failure)
attention seeking potential
cheap made his failure, un-reliability(added extra)
jeff bezos amazon
future idea
internet boom (think future needs)
treat your customer as king (like dislikes)
delay, defect, out of stock
1% delay webspeed 1% loss
expect more from employees
same day delivery
long term vision
every employee as a hidden owner within
create owner your employees to increase company growth. (don’t inform involve them)
take quick decisions with 70% info
1st product need not be the final product
value imitation value invention
interdependency community builds ecosystem
android platform mobile companies
create monopoly in saturated market
build no risk model lascoot case study
asset light model fly light
quality secures future
build distribution network (Supply Chain M)
time,cost,quality (ERP),
applied franchise model on outlets
manufacture to distributor to retailer xx. no direct to retailer.
lascoot:
outsourced manufacture work. distributor – retailer
apple china. uber no taxi, coca cola no bottle, fb no content.
youtube case study
Problem solving Product PSP
Project (products) vs Platform/ecosystem (youtube, google, fb, amazon)
youtube studio (Youtube Space in mumbai) (local city, creator, certified)
if you don’t pay the product then you are product.
big brands creates ecosystem for passive income. (Advertiser +creator +viewer helping grow youtube success) nokia failed due to ecosystem.
you don’t have to build business you got to build right people & they build your business. (Zig Ziglar)
more Business Inspiration quotes Available soon.
NOTE: i watched all of above videos made some points. (lot of them confusing, forgetting frequently, so i tried to figure out and penetrate in my mind.
This page will be updated regular bases to improve quality and latest videos transcripts including his ideas to implement.
Follow Vivek Bindra Youtube channel (International Motivational Speaker, Leadership Consultant, Business Coach)
