Monday, 30 December 2013

ABCD - The 4 People Who don't Let Entrepreneurs Grow

Entrepreneurship is defined as a Process of identifying and starting a Business Venture, sourcing and organizing the required Resources and taking both the Risks and Rewards associated with the Venture.

Being an Entrepreneur, no doubt, is a high Risk step. You have to come out of your comfort zone, leave the fixed Monthly Salary which provides a big Cushion and plunge your hard-earned Money into a Venture which you believe will do well but has no Gurantee.

During this crucial Phase in Life, you need Support of some People/Agencies. Apart from Family and Friends, it is the Four important Agencies which come to your rescue during the Phase and Promise to help you out. These four are:

a) Advertising Agencies
b) Bankers
c) Consultants
d) Development Team

But what happens when these Four, the ABCD of the Important People you think them to be, turn out to be just Sharks. Here is How:

A - Advertising Agency: If you are starting a Consumer-centric Business, these are One of the Important People you need advise from as you need to Advertise your Product to the Public and pull them to you as fast as possible. But, it has been observed Time and again that they misguide Clients and tell them Ideas which fetches them more Income rather than which suits the Client. 
The Poor Client has no clue and if, in future, the Advertising Strategy doesn't Work , the Agency just washes its Hands off from the responsibility, saying that it may be the Product which is a Failure. 

B - Bankers: These are very Important People and their advise can make or break a Dream. But when you approach them for some purpose, some of the Agents lead you to opening wrong Accounts, are after you till you open them and just vanish in thin Air once their Goal is fulfilled. They offer you Schemes which gives maximum Commission to them. You try calling them later and cross your Fingers till they pick the Call.

C - Consultants: The Role of a Consultant is very very Important as they are the Professionals who know the nitty - gritty of the Game and have guided many others like you to fulfill their Dreams. These Consultants can be Legal, Corporate or others. So, you Bank on their advice for Future Growth of your Business. But, even they have been observed to have personal Profits in Mind. They hardly Talk about your Interest. They will give you Examples of People who have no relation to your Field of Business and force you to adopt their Strategies. They also harrass you by asking many Documents just like a Governement Office and you end up paying the Bill and getting the advice which you know will not Work. 

D - Development Team: Last but not the least, it is your Development Team whom you have hired to get your Work done. But, what happens when their Goals are different from yours? What happens if they are just interested in their Salary/Commission part and not your Business? This Team can be internal or Outsourced. 

The Problem Area lies in the Fact that you Hire Professionals who are adept at a particular Technology which you are not much aware of. So, you are depending on them for getting the Work done. But, it happens that due various Reasons, the Work is not done on Time as you wanted and this leads to Friction. 
Sometimes, you need to give Strict Instructions to the Team and this creates an unavoidable Negative Atmosphere.

The above were the ABCD Persons who don't let the Entrepreneurs grow with the Speed and Direction needed. While choosing the Right People/Agency is the Key, trying to keep a Balance with everybody is also Important. But, remember it is your Business and your Dream which is at stake. So, don't let wrong People ruin it. 

Speak In such a Way 
That Others Love 
To Listen You
Listen In such a Way 
That Others Love 

To  Speak To You

Blogger Help

Pragya Banerjee [ MBA (Finance); 7+ years of work experience ] 

Friday, 20 December 2013

Consumer Grievances for HSBC Bank

This is in reference with the letter received from HSBC dated 29tn Decmeber , 2013.  

(Customer Id - 136-XXX788)

I would like to draw your attention that I have been the customer with HSBC since very long 
time and was happy with its services but felt unpleasant to hear the recent changes made into Average Monthly Balance (AMB) , whose limit is to be increased from Rs. 25,000 to Rs. 150,000 . This is a huge amount for me which I'll be unable to maintain in my account . 

So , its my humble request to let me know the procedure to discontinue with your bank and also it would be grateful if you can suggest me some online procedure to close my account .


Surbhi Maheshwari [MBA Fin / Mktg ] 
Manager Finance
On Line Assistence :

Sunday, 15 December 2013

Presentation Does Matter.


Mr Tim Cooper
Mr Ray Badillo

Mrs Sherry Cooper
Mrs Nancy Badillo

Location : Microsoft Office HQ USA

2 Females Mrs Sherry Cooper and Mrs Nancy Badillo were chatting in Microsoft Office

Mrs Sherry Cooper : I had a Fine evening, how was Yours ?

Mrs Nancy Badillo : It was a Disaster. My husband came home,
ate his dinner in 3 Mins & fell asleep in 2 mins. :(

How was yours ?

Mrs Sherry Cooper : Oh it was amazing!  :-)

My Husband Mr Ray Badillo came home and took me out for a Romantic Dinner.
After Dinner we walked for an Hour. When we came home Mr Ray Badillo lit the candles around the house. It was like a fairy tale!

At the same time, their husbands  Mr Tim Cooper and Mr Ray Badilloare  Talking at Work Place 

Mr Tim Cooper  : How was your evening?

Mr Ray Badillo : Great. I came home, Dinner was on the Table,
I ate & fell asleep. What about you ?

Mr Tim Cooper : It was Horrible. I came home, there's no dinner,
they cut the electricity because I forgot to Pay the Electiricity Bill;
so I took Sherry out for Dinner which was so expensive that
didn't have money left for a Cab.

We walked home which took an hour & when we got home we remembered there was no electricity so I had to light candles all over the house!

Moral:  Presentation Does Matter. No Matter what the Reality is !!

Please See Video as well

Thursday, 12 December 2013


I started alone in this journey. The least I expected was to get an expert on the way, guiding me and showing the path. Capt. Shekhar Gupta and his team of AeroSoft Corp. are like dream come true for me.

I have a passion for reading & writing and was thinking since long how to start a career in this field. I knew about blogging and started one with some posts and posted them on some Social Networkig Sites for my friends to read and give feedback. Capt. Shekhar has been in my friends' list in one social networking site and he read my posts. He told me that there is a way to monetize my blog and I can actually turn a professional blogger!!!

His saying this was like realisation of a dream for me as nothing will suit me better. I can take it up as a long-time profession, it is free of location changes, free of retirement issues and most importantly it will satisfy my creative yearnings and my passion.

AeroSoft Corp. and the team has understood this and I must say that the whole team has been more than helpful to me. They made a sample blog for me so that I can learn from it and don't have to go through the hassles. They are making it easier for me at every step.

I get new business ideas from Capt. Shekhar Gupta and the team on a regular basis and it really encourages me to do good in life. Aero Soft Corp. is an entrprenurial venture by Capt. Shekhar Gupta and I later found out that they have and are helping many others like me to realise the dreams and follow their passions.

I am a novice in blogging and am just 2-months old. I have a long long way to go. But I am sure that with the expert guidance provided by Capt. Shekhar and the team, I will be able to realise my dream soon.

Thanks Capt. Shekhar Gupta & the whole team of AeroSoft Corp. You all are doing  Great  Job.

All the Best.


Pragya Banerjee [ MBA (Finance); 7+ years of work experience ] 

Sunday, 8 December 2013

SIP is Not Always Systematic Investment Plans Its a Systematic Cheating Plans too

SIP is Not Always Systematic Investment Plans
Its a Systematic Cheating Plans too

We all have invested in our lives sometime or the other. In fact, it is a yearly process for most of us. The reason we invest our hard-earned Money in different Buckets are:

a) Tax Savings
b) Future Earnings

These days there is no dearth of the Options to Invest. The preferred ones are:

a) Land/Real Estate
b) Gold
c) Share Market
d) Policies like Systematic Investment Plans (SIPs) or Mutual Funds

I am sure all of you would have come across the Executives and Managers of Banks and NBFCs (Non-Banking Finance Corporations) and have all kinds of Experiences with them. The moment you sign in on any particular Company's Website just to get some Information about the Policies they Offer, you will be bombarded with unrequired and nagging Calls. Even though you tell them that you just want to get some Information, you will feel the Pressure to Buy. 

Even if you Dial their Call Centre for some other purpose, they will drag you to meet them and force you to Buy the Policies. This is regardless of the fact whether you are in a mood or Financial condition to Buy.

Apart from the above, the frequent Calls at odd Hours are a regular Feature.

There have been various Cases of Dupings and Frauds by Companies and Executives on a large scale everywhere. Sometimes its the whole Company which is a Culprit. Sometimes, it has been found that some Executives try to make personal Profit out of the Deal and leave the Company after its done. When the Customer, once he gets to know of the Fraud, reaches the Company, they too don't have any Idea of it and just rub their hands off. So,its the Poor Investor who is at a Loss always.

One Friend of mine, Mr. Robert was once Cheated in a similar way by an Executive of a Famous Bank. In order to meet the high Target forced on him by his Company, the Executive sold a Policy to my Friend by misguiding him on some necessary Details. This Costed Mr. Robert dearly after a few Years when the Maturity Date of his Policy came. He Lost a lot of Amount which was promised to him. The Executive from whom he bought the Policy had left the Company long back and the Company had no clue about him. 

The above was one Case I gave as an Example. But have heard similar Cases from many people. 

These Executives go to any extent for Selling their Policies. They will give repeated Calls to you at various Hours, will be ready to visit your Home if you ask them. In fact, they will behave as your closest Friend  but only for a few Days, till the work is done. The people who are the main target are the Senior Citizens or those who are not much Internet-savvy. The reason being that both these Categories can believe easily in what is told to them. 

Both of them have less Information at their disposal and hence are easy Targets. 

The most disturbing Fact is that these Executives are all well-Educated. Most are MBAs or equivalent. They hail from Good Families. But then why such behaviour?

We can not blame them solely for this. Nobody wants to be a Cheater when they come out of their Colleges. They all want to do Good in Life, Earn Money for their Families and live happily. It is the present day Environment of extreme Competition and the unsurety of Job scenario, which compels many to adopt a wrong Route for Survival. 

Sometimes the Companies they Work for pressurize them with unreachable and impossible Targets. They have to Prove themselves from Day One or else they are at a constant Risk of getting Fired. Getting another Job in this Recession-filled Environment is not Easy and the fear of being Jobless compels them to think in the wrong Direction.

This World Economic Environment is Tough for everybody. Its the Ethical Responsilibilty of Companies not to overburden their Executives, treat them as Humans, not Money-making Robots. 

It is the Moral Responsibility of Executives not to Resort to wrong doings for achieving Targets or Cheating anybody of their hard-earned Money for personal motives; remember if caught,you can be Jailed and whole Career will be ruined.

It is the Investors' Duty also not to get carried away by Sugar-coated Words and Polished Talks. These Days Cheaters have an Educated and informed Face. You can not make out the intentions of the Person whom you are talking to. Please Check everything before Signing on the dotted Line of any Policy.

In the end, I just want to say that, "Please Read the Offer Document carefully before investing." :)  

Coming Blogs on 

Dow Jones Dollar Index
Forex Dollar Index
US Dollars Index
Forex Currency Quotes
US Dollar Index Daily Chart
Foreign Exchange Quotes
Forex Rates
Forex India
Forex Trading
Exchange Rates
Currency Converter
1 Euro to Indian Rupee

Online Forex Trading

Blog By :

Pragya Banerjee [ MBA (Finance); 7+ years of work experience ] 


Sunday, 1 December 2013

Effects of the Global Recession on Indian Industries

The Global  Economic Recession in the USA market and the Global meltdown termed as Global  Economic Recession have engulfed complete world Ecomony with a varying degree of Global  Economic Recession Impact. World wide over the impact has diversified and its impact can be observed from the big fact of falling Stock Market, Recession in Jobs availiability and Companies following Downsizaing in the existing available staff and cutting down of the perks and Salary Corrections.

Globally the Banking and Financial Sector Sacking the existing base of Employees in High numbers in USA the major example being CITI Group, GM,  same still followed by others in Airlines and Hospitality industry Sahara, SpiceJet, Jet and Kingfisher Airlines too. The Cut in salary for the Pilots and AMEs being 50 % can any one imagine such a huge cut in salary.

Global Recession Affected Industries

Airline Industry
Automobile Industry
Banking Industry
Education Industry
Hotel Industry
Real Estate Industry
Software Industry
Tourism Industry

In the Globalized market scenario, the impact of recession at one place/ indusrty/ sector perculate down to all the linked indusrty and this can be truly interpreated from the current market situation which is faced by the world since approx 2 month and still the situation is not in control inspite of various measures taken to Fight back the recession in the market.The badly hit setor at present being the Financial sector, and major issue being the "LIQUIDITY Crises" in the market.

In-spite of the various measures to subsidise the impact of the recession and cut down the inflation present nothing really sound have been done.

Global Recession Affected Professions

IT Professional
Managers [ MBA, MCA ] 

Various steps taken by RBI to curb the present recession in the economy and counter act the prevailing situation.

The sudden drying-up of capital inflows from the FDI which were invested in Indian stock markets for greater returns vizualizing the Potential Higher Returns flying back is continuing to challenge liquidity management.At the heart of the current liquidity tightening is the balance of payments deficit, and this NRI deposit move should help in some small way.

In total the recession have turned down the growth process and have set the minds of economists and others for finding out the real solution to sustain the economic growth and stability of the market which is desired for the smooth running of the economy.

Complete businesss/ industry is in dolledrum situation and this situation persist for a longer duration will create the Small Business to vanish as they have lower stability and to run smoothly require continous flow of liquidity which is drived from the market.

In present situation down fall in one sector one day leads to a Negative impact on the other sector thus alltogether everyone feel the impact of the Financial crises with the result of the current recession which started in US and slowly and gradually due to linked global world have impacted everyone.

Solution for the problem still remain at the top of the mind of every one, still everyone facing the impact of recession but how long is the major question which is of great importance.

Recession Is the Mother of Many Innovations

 Impact of Global Recession,
Impact of Recession on Business,
How Does Recession Affect Business,
Businesses Affected by the ,
Effects of Recession in UK,
Define Economic Recession,
Number of Suicides in UK,
UK Recession 2013,
Current Economic Climate in UK,

Reason for Sahara India Downfall

Sahara India Pariwar:: World's Largest Investors Family

Sahara India Pariwar's success story began in 1978. Starting on a modest scale with a capital of only INR  2,000 (USD $ 50 ), the company has traversed a long way to become a Frontrunner in Indian Entrepreneurship. 

Today, Sahara India Pariwar is a major entity on the corporate scene with asset having a Market Value of More than 2,15,000 Crore (USD 50 Billion) and diversified Business interests that include : Aviation [ Now Defunc Airlines ] Para Banking, Finance, Infrastructure & Housing, Media & Entertainment, Tourism & Hospitality, Consumables, Manufacturing and Services & Trading.

This Group also know with many Names viz Sahara, Sahara India, Sahara India Pariwar, Sahara Group, Sahara India group, Sahara family, Subrata Roy group, Conglomerates of Inida, Business houses in India, Corporate houses in India, Indian Company, Fast growing Companies in India, Indian Cricket.

Sahara India Made Big Money from more then 100000  Poor Indians by more thn
10000 Local Collection Agents from daily collection of Rs 10 to Rs 1000 and Invested whole money into  Aviation,  Infrastructure & Housing Projects those are not doing well due to Globap Recession now. Also Invested So much  money into Media & Entertainment, Tourism & Hospitality, Consumables, Manufacturing and Services. 

Now all their Capital Invested in all other Businesses not getting Returns on time
Which is the Biggest reason of Sahara India  Downfall.

Many Investors feel like Sahara will have Biggest Scam after Speak Asia  

Pariwar is a major entity on the corporate scene with asset having a Market Value of More than 2,15,000 Crore (USD 50 Billion) and diversified Business interests that include : Aviation [ Now Defunc Airlines ] Para Banking, Finance, Infrastructure & Housing, Media & Entertainment, Tourism & Hospitality, Consumables, Manufacturing and Services & Trading.

My Friend Neethu Bliss

Neethu completed  English  Graduation in Year 2005 and Worked as an HR  with IT Industry.

Now Neethu is a Freelancer Content Writer, Poet and Blogger all for Hobby and her Pleasure.

Neethu Handled many International and national clients, Digital Marketing , Client Relationship management, Reputation & Brand Management, Business Development techniques . In this role, Neethu  has  gained a lot of experience on 

Advertising Strategies, Social Media Optimization, Viral Marketing, Campaign Analytics, Client Relationship management, Rapport Building, Business analysis Techniques, Documentation, Time management, Digital Marketing,  web development, share point etc and conducting research on the market.

Neethu's Expertise

Social Media Strategy
Campaign Analytics
User Experience Design
Content Strategy /Web
Web Optimization/Word Press 

Neethu is a well Traveled Person and Love Working and Travelling all Time. Her Blog can be visit here