Why you are in such a hurry? It's more fun to discover places on your own than someone guiding you...

You have two years, so chill.

For start and all initial shopping / purchases, Alpha is one place you can't miss

Hello people !!

I intend to pursue my MBA ---> work for a 2-3 years ---> save money ---> invest it business.

Honestly, exctaly how much you think you will save after working for 3 years.
I mean you are just 21, that means no work-ex, thus you won't be able to go for lateral placement (they pay the most).
Assuming you get average NM package and after deducting all the taxes and expenses, exactly how much will be left? ( also since you are still very young, won't you spend you first few month salary rather lavishely, i mean on gadget / GF )

My point is @ end of 3 years stint, you will feel that whatever you have saved is not enough ( this is more because you have not precisely calculated how much money does your business really need 5 years down the line).

So first find out how much exatcly you need and then mutliply that number by 2. If you think you can make that much, then only your strategy of working 2-3 years is good, otherwise


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Since the demand is going down, I intend to make the product popular.

are you sure? this is the only reason for demand going down? is there any other way to increase demand?

I want start by opening up retail stores in the near by area. Perhaps, start by 2.

Retailing is a serious business and it require patience to bear fruit.
No amount of capital is enough if you are not paying a very close attention.
That's why none of major player Reliance / MORE / Future Group has succeeded in a very big way. (this may be a debatable issue for some people with supporting number from many newspaper, but fact remains that none of these business has managed to dominate the way your dukandar has managed to do. )

So my question is do you or any one from your family has experience in retail? if not, then are they willing to put few years in those stores?

Because I don't think a small businessman can manage all the things. ( In your case, manufacturing / distribution / retail )

- It will help me to boost the sales not only through Retail stores, but by reaching the consumer, it will add to the catering orders. (building up the brand in that area)

Currently, the business is a partnership firm. I want to do all this with a friend of mine. Not sure what form of business will be better? A firm or a pvt. ltd. Company (always wanted the tag of a Director )

It doesn't matter much as long as you are pretty small. In fact for a small business, I will say they should prefer partnership as less paperwork is there and business owner can pay more attention to business.

1) Do you think that I can go ahead with something like this ? I will of course have my father to guide me. But do you find the option viable ? What research I must do to evaluate the plan ?

What if you skip placement and start working immediately into your business?
This way you can start making changes (before sales go down further).

2) What investment amount would be required to meet the plan? I considered the addition to working capital as well as the initial fixed costs. I believe I would be in a position to invest an amount in the range of 20-22 lac initially.

After 5 years, (2yrs of MBA + 3 yrs work-ex), 22lakh won't be enough to open 2 retail store as well as expanding your distribution and upgrading your manufacturing machines.

i feel due to labour shortage we should try something that minimizes it
something on lines of myntra....along with outlets named myntra for example.
now that we are already making fabric should try spinning or garmenting but again labour..
sometimes i feel hire a good designer prepare quality samples and sell

Labor shortage are everywhere and they will only increase as more and more people getting educated (or children of existing labor) and they are not ready to work as labor.

I am facing the same problem and there won't be permanent solution to this. (unless you are ready to do it SEMCO way).

Since you are into manufacturing, have you read TOC (Theory of Constraint) by Goldratt?
I strongly suggest that you should try to find out where TOC can be applied to your unit?

In many business, sole focus is mostly to increase sale and not to increase profitability. Many believe increase in sale automatically result in increase in profit. (read more)


There are many ways to skin a cat English Idiom

Similarly there are many ways to make money in existing line of business (manufacturing) rather than going into entirely into territory (like e-retailing or any forward integration)

Nope. U probably missing the 'No. of shares outstanding' factor. It is quite possible, that infy trading at 2700 and TCS trading at 760 both have face value of 1, but the no. of shares outstanding differs. In short, u should compare their market capitalisation
(Remember, market cap = current market price * no. of shares outstanding)
For comparing , it boils down to PE ratio.
(Remember, P/E = CMP / EPS or Market Cap / Profit after tax.)

But I read somewhere on net that Infy planning to opt for stock split soon and thus it share will soon trade @ of face value 1.

In that case, Infy price will be around 540 or so, which is pretty less than TCS.

Thus in this case, are we making correct comparison or face value factor has nothing to do while making an investment decision.

I have query regarding face value.

TCS trades @ 760 while Infy @ 2700, so while direct comparison tells, Infy is costly (both have almost same PE 26-27)

But TCS has face value of Rs.1 while Infy has face value of Rs.5

So one of my friend suggested me that comparison should be made talking into face value factor

Either I make TCS face value 5 (by multiplying CMP * 5) or make Infy face value 1 (by dividing CMP / 5), then only one should compare the shares?

Is he right?

Should we always check whether companies have similar face value while making comparison? At least, moneycontrol.com does not make such.

How indian investor can invest in US market? I got following answer but I want to know more.

has anyone on PG done it? how it goes?

Sitting here in India how can I trade, I mean buy and sell shares, at NASDAQ ?

Tinker, tailor, plumber, carpenter


Rashmi Bansal on Entrepreneurship

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