Money and the ‘Generation Gap’

Money and the ‘Generation Gap’ – Prof Parimal Merchant, Principal Advisor-Asian Institute of Family Managed Business (AIFMB)

A young man, not very interested in the ‘boring, traditional’ family business, decided to strike out on his own and take up a job in a trendy tech company. Now his reasoning was that he would earn only around 25 thousand here, but at least he would be part of a trendy corporate culture, and hang out with the ‘cool’ crowd. So he started work, and with the first salary he got, decided to take his entire family out to dinner. His father had painstakingly built up the family business, and had been dreaming of passing it on to his son, dreams which were now dashed. Nevertheless, he put on a smile and went along, seeing how proud his son was to be taking out his family for a treat, with money that he and he alone had earned. Continue reading “Money and the ‘Generation Gap’”

Before Racing From Engineering to Management

Ever wondered why MBA is a natural choice for most engineering graduates in India?

Well, each of them might have their individual rationale to pursue management education as their post graduate qualification but the overarching truth is awfully simple. In India it is believed that on an average, a MBA degree double your value in the job market. How and why is neither known nor desired to be known. Coaching institutes don’t talk about it, parents often don’t get into it and b-schools don’t speak about it. Yet the magic wand is supposed to work and double your likely CTC soon after you graduate. Continue reading “Before Racing From Engineering to Management”

Are You Ready For a Computer Disaster?

No one is ready for a computer disaster. We all know that it can happen. We may even have some idea about what we would do if and when it does. But in the same way that no one is truly ready for the death of a loved one, no one is truly ready for a computer disaster.

It can be a rather emotional and disruptive event. As a sole proprietor, your small business is wholly dependent on the productivity you get from your main computer. All of your client details are in that computer, as are your business transactions, receipts, tax information, accounts payable and receivable, etc…

Continue reading “Are You Ready For a Computer Disaster?”

Accounting for Startups

Successful entrepreneurs are good strategists. They have foresight to spot future trends. They have insights to commercialize and execute ideas. But most entrepreneurs might have little or no exposure to system of accounting their business transactions. Growing number of technology start-ups are ideated by technical specialists with expertise in their area of interest. The big questions are – is there a serious need for them to know the importance of accounting at the start-up stage? Does lack of accounting exposure affect the way business decisions are made in a newly established innovative venture? How can knowledge of accounting make difference to the management of start-ups? Continue reading “Accounting for Startups”

IT Analytics Market poised for Growth to 9.2 Bn USD in 2020 (Sample Report Available)

Zion Research has published a new technical industry analysis article titled “Information Technology Operations Analytics Market by Software Solution. Focus of this report is on Visual Analytics, Artificial Intelligence, Machine  Learning, Predictive Analytics, User Behavior Analytics, Precinct Analytics and Root Cause Analytics, for Real-Time Log Management, Application Performance Management, Infrastructure Management, Network and Security Management and Others Applications. According to this technical analysis, the global demand for IT Analytics, which was earlier valued at 2.5 billion USD in 2014, is expected to grow to a volume of 9.2 billion USD in 2020. This means a CAGR  growth of 23.7% between 2015 and 2020 for the industry, which promises to provide great dividends to the domain experts of analytics. Continue reading “IT Analytics Market poised for Growth to 9.2 Bn USD in 2020 (Sample Report Available)”

Massive 7.1 Earthquake rocks New Delhi and North India

Massive earthquake in Delhi NCR region: A very strong over 7.1 Richter Scale magnitude earthquake has rocked northern India and the National Capital Region, including major cities like Chandigarh and Srinagar. The tremors continued for at least 5 minutes — the initial tremor felt was at 4.01 pm, though it started in its origins at 3.59pm on 10th April 2016  at the Hindukush mountain range. Hope all our readers and their families are safe and sound.

Facebook’s Safety Check Feature

A lot of turmoil and natural calamities are hitting us these days. While a very large percentage of the digitally enabled population of this world is on Facebook, the company provides a novel way to let people and relatives of a family know that they are safe, in case a natural calamity happens to pass in the location a particular facebook user is, at the point of time. The latest example where people has been using this feature is in the Calcutta or Kolkata calamity where a major bridge broke down burying hundreds of citizens and wounding a lot more. This was a small innovative way that potential affected users of Facebook could let their social circles know that they are safe. Continue reading “Facebook’s Safety Check Feature”

Sr. Mattress Tester at Urban Ladder

Job description: Urban Ladder is a tight-knit start-up at the forefront of driving furniture e-commerce in India. We’re looking for lazy and unmotivated individuals to join our team. If you’re someone who hates getting out of bed to get to work, this is the perfect job for you. As a mattress tester, you’ll get to stay in bed pretty much the entire day and actually get paid for it. We’re not kidding. Continue reading “Sr. Mattress Tester at Urban Ladder”

What Are The Best Servers For Developers

Are you developing a new site and want to get the foundation laid out beforehand? You don’t wish to have a beautiful site that is going to look great only to realize the hosting is not up to par. When the hosting is not good, a site could look as great as a million bucks, but it is not going to do much for developers if the site can’t be viewed properly.

You want the hosting to be perfect, and that is why you need to look for best servers, those that are better than the rest, and you should be looking at them for your site. Continue reading “What Are The Best Servers For Developers”