TAKE THE STRESS OUT!
Editor’s Note
The Glorious Chapters of Entrepreneurship
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Editor In Chief
Ankur Mishra
Editorial Coordinator
Prime insights Magazine has always been a platform that has seen countless stories of businesses making differences beyond imagination. The essence of true entrepreneurship has come from those who decided to shine like a diamond without worrying about the heat of challenges. Our team is infatuated with this essence and leaves no stone unturned in ensuring the same is imbibed in our editions. With a promise to keep going to motivate our immaculate readership panel, we thrive back and forth to bring many such inspirational entrepreneurial journeys from the business fraternity.
We see 2023 as a year of new opportunities opening for us. To give this year a 100% fueled start we are back with yet another enthralling yet fascinating edition for our readers. For the cover page of this edition, World Pacific Communities has captivated us to feature their saga here. Understanding the need for authentic and trustworthy foreign money exchange services, World’s Money Exchange, Inc. has solutions for all those needs. They facilitate the smooth exchange of paper currencies as well as precious metals like gold, silver, and platinum in more than 70 countries across the world. Founded in 1987 under the guidance of Mr. Anil R Shah the company has the ideology of buying and selling all of these at the best possible rates to cater to customers’ interests and satisfaction first. Their clients don’t have to sacrifice their expectations of competitive prices as all of it is already taken care of.
Their reputed clientele includes tycoons of commercial banks, foreign exchange houses, travel agents, attorneys, and C.P.As.’ corporations. Having completed 35 years in the business, their disciplinary and corporate governance system is strong at the core. The company’s robust fundamentals are the foremost reason for its reputation in the industry. For the company, a satisfied workforce forms the roots of the prosperous tree of customer satisfaction.
Yash Anand , Shweta Singh , Kaustav Sarkar, Trishani Sarkar, Jasmeet Bhatia, Siddhant Pengoriya, Khushi Rawat, Prakriti Gupta, Pinki Singh
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Prakriti Gupta EditorMany more stories of numerous organizations and their dignitary leaders are filled in this publication. These business tycoons in conversations held with our team shared many aspects in which their brands have carved a niche in their industries and have won accolades for their services. The excellence these brands have managed to achieve across the business space is awe-inspiring. Other than that, don’t forget to follow all the informative articles that are placed mindfully in this edition to cater to your quest for knowledge. With this, we bid goodbye to our readership panel and hope you relish the visual guidance. Let us know what topics we should touch upon in our upcoming publications. Until then, stay focused on your path, and never let that flame of resilience flicker within yourself. Be a firm believer in your hard work!
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IndiaVenture Advisors Pvt. Ltd: Inspiration for aspiring entrepreneurs facing troubles in their career journey
THE COGNITIVE RESPONSE TO ORGANIZATIONAL DEVELOPMENT:
Solid Performers CRM: Top 10 Best CRM Providers for Small & Medium Scale Business
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ArBhar consulting pvt Limited: ArBhar Consulting organisation aspiring to become the largest consulting firm
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As the business world is sailing across boundaries, foreign money exchange services are essentially required across various segments. Whether it is traveling abroad, or planning your child’s education, people require trustworthy and authentic foreign exchange currency solutions that are quick and available at competitive rates. As a leading foreign currency exchange provider and precious metal dealer, World’s Money Exchange, Inc. has dense flexibility in its services. One can exchange paper currencies as well as precious metals in the safest possible manner with their extensive workforce and network of partners in most countries. The team of Prime Insights Magazine got an opportunity to feature one of the leading ventures in the business bubble of foreign money exchange - World’s Money Exchange, Inc. Our editorial team had an ecstatic session with the Founder of the company, Mr. Anil R Shah. He revealed some lesser-known facts about his entrepreneurial journey and other valuable insights for our global readership panel. We are enthralled enough to share these facts in this captivating draft.
A Quick Overview of the Company
World’s Money Exchange, Inc. was founded in the year 1987 by the dignitary entrepreneur Mr. Anil R. Shah. They have taken the lead in dealing with foreign currency exchange and precious metals. The company also buys and sells- Gold, Silver, Palladium and Platinum bars/coins at the best possible rates. Their ideology is all about buying and selling at the best possible rates to fulfill customers’ interests and satisfaction first. What makes them stand apart from the competition is ensuring that their clients can save money without sacrificing their expectations from the service. Their clientele includes acknowledged tycoons of commercial banks, foreign exchange houses, travel agents, attorneys, and C.P.As.’ corporations.
A Brisk View of the Services
The company offers exchange rates that are emulous in the business ecosystem. They provide currency exchange services for more than 70 different countries across the globe. The idea of adding hard yet long-term assets to investments in terms of coins/bars of gold, silver and platinum is an excellent idea for securing stronger grounds in asset diversification. The following are some major foreign currencies and precious metals they deal in.
Foreign Currency: -
• Australian Dollar
• Canadian Dollar
• China Yuan (Renminbi)
• Denmark Krone
• Egypt Pound
• England Pound
• Euro
• Hong Kong Dollar
• Indian Rupee
• Japanese Yen
• Mexican Pesos
• Norway Krone
• Philippine Pesos
• Poland Zloty
• South African Rand
• Sweden Krone
• Switzerland Franc
• Taiwan Dollar
• Thailand Baht
• Turkish Lira
• & many more..
Precious Metals:
• Gold, Silver bars and Coins
• American Eagle
• Buffalo
• Canada Maple Leaf
• JM Bar
• Krugerrand
• Pamp Bar
• Swiss Bar
• & many more..
World’s Money Exchange, Inc. is dedicated to preventing money laundering. They empower their associated staff and employees to chase for achieving the finest standards of compliance integrity. It is very much ensured that their employees are always aware of the company’s commitment to handling money laundering and their respective responsibilities administered under the company’s policies.
Enthusiasm in Nerves
Mr. Shah further discussed that the initial two years of the business were quite challenging for them. But with time, their endurance evolved over these years. Having completed 35 years in this business, they have come this far because of their reassuring work ethics. Being a credible and powerful brand, the zeal has always been to ensure that customer services remain uninterrupted.
Mr. Anil R Shah believes that a responsible brand should have a disciplinary and corporate governance system in place, especially in this exchange industry. These dutiful actions guarantee that ethical standards and transparent approaches to the customer base are upheld. Bringing a significant impact on the elements of society as a business is a sacred obligation in the company’s work morals. The results and customer testimonials speak for their diligence and quality of service. That’s how they have completely distinguished themselves from the competition. For them, a satisfied customer is an everlasting asset and a satisfied workforce is a base for forming the everlasting asset of customer satisfaction.
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Aaveg Management Services:
Mr. Ashok Vashist’s Dream To Reform India’s Employee Transport Scene
For many large banks and BPOs, the management of noncore activities is a troublesome affair. Professionals from these organizations generally lack the time/energy to deal with non-core issues, as they’re preoccupied with more important projects. Not only does this negligence result in an inefficient use of financial/human resources but also costs them several avoidable expenses.
To help companies handle non-core issues in a seamless manner, Aaveg Management Services provides them cuttingedge employee commute, consulting, and advising solutions. In a figurative sense, Aaveg takes the “burden off their shoulders” by providing them ease of operations, better employee satisfaction, and increased safety & productivity. Aaveg was founded back in 2015 by Mr. Ashok Vashist(Founder
Ashok Vashist Founder & CEOat
Services
and CEO of Aaveg) and Mr. Sachin Agrawal(COO). From an organization with just 2 employees, the brand has proliferated into a national leader in its niche, having over 200+ employees and branches in 7 cities like Mumbai, Chennai, Hyderabad, Kolkata.Its client base now covers 52 Customers, including big names like HSBC, Maxlife Insurance, and Tesco.
Aaveg’s Innovative Employee Transport Solutions
Employee transport is a particularly problematic area in many large IT companies. Poor employee attendance and inefficient cost models cost the organization unnecessary expenses. Aaveg utilizes a unique SaaS Technology with a PPPT(PerPerson-Per-Trip) Model that helpscompanies cut down
avoidable trip costs, get better ROI for deployed resources, and increased Employee Retention. It is based on an endto-end Management Service Provider(MSP) Model that has brought about a paradigm-shift in the way employee commute is managed in the country. All its operations are SLA Based and require no manual intervention.
Aaveg’s Challenges As AManaged Service Provider (MSP) Startup
Upon starting out in 2015, Aaveg faced tremendous resistance in the market. Being a Managed Service Provider company, it was strongly opposed by Company Admins since they deemed it to be a threat to their livelihood.
In its first year, Aaveg managed to bag a couple of clients, however, they hit a dry spell afterwards. The market’s status quo made the companies reluctant to experiment with their services. They preferred to stick to more conventional models of outsourcing.
What Makes Aaveg Stand Out Among Its Competitors
The operational team at Aaveg is extremely sensitive to its customers’ needs. It ensures that no stone is left unturned when it comes to addressing the customers’ complaints/ demands.
Apart from the customer-centricity, Aaveg is driven by a relentless passion for technological excellence. All its operations are seamless, and hardly give rise to any escalations. In its 5 years of existence, Aaveg hasn’t lost a single contract; a rare accomplishment in its Managed Service niche.
The Founding Principles Of Aaveg
The brand stands for virtues like professionalism, mutualism, and cooperativeness. It firmly believes in the motto “Let our work speak for itself”. Instead of relying on extravagant marketing campaigns or promotions, the brand has gradually built its reputation through consistent performance. Over the years, Aaveg has constantly refined and fine-tuned its systems in accordance with the changing demands of its customers. This has helped the brand thrive in situations where competitors have encountered failures.
With large organizations, it becomes difficult to optimize outsourced activities. There are too many factors that need to be taken care of. Aaveg helps these organizations shed excess cargo by adopting a simple principle” “work on the efficiencies and cut out the inefficiencies”.
Aaveg’s Relentless Commitment towards Quality Service
To perform a thorough evaluation of its service quality, Aaveg performs monthly/quarterly reviews and also makes use of stats, customer feedback. Alongside these tools, the brand imbibes the feedback of driversso as to make the developmental process holistic.
The drivers are mandated to undergo a monthly/quarterly screening to ensure adherence to the brand’s quality standards. This engenders a sense of accountability on the drivers’ end and helps better understand the issues taking place at a grassroots level.
As quality-driven as Aaveg is, it never incurs any extra costs on
the clients’ end. In Mr. Sachin Agrawal’s own words, the brand delivers services that are “high value yet rightly priced”.
How Aaveg Caters To the Needs Of Its Employees
Aaveg is particularly considerate to its employees and their needs. Despite market uncertainties during the pandemic, it didn’t cut down the salaries of employees and took great care in addressing all the challenges faced by them.
The brand also conducts “Mahine-Ke-Mulakat”; a monthly meetup with the drivers and trainers which aims to understand the hindrances faced by them and come up with effective solutions.
Aaveg’s Most Successful Marketing Initiatives
Although Aaveg does harness social media/digital marketing to generate leads, it prefers tojust use it as a tool to initiate long-term relations with clients.
According to Mr. Sachin Agrawal, building rapportat all levels of an organization is the most powerful approach. Since these stakeholders have authority over their regions and they’re more approachable, they’re the ideal persons who can help them foster strong connections with the brand.
Aaveg also sends regular emails with industry-related news, updates, and other resourceful info to HRs, admins, leadership etc., which helps further strengthen the brand’s ties with these stakeholders.
Apart from these, the brand also conducts events in Engg/ Management Colleges to increase its outreach by leveraging educational-corporate ties.
Aaveg’s Vision For The Future
Similar to what JLL and CBRE are for FM, Aaveg endeavors to be a synonym for transport outsourcing in the country. Alongside its transport vertical, Aaveg also plans to further develop its Human Capital Venture. Started in July this year, Aaveg’s Human Capital Venture has already attracted big clients like Whitehat Jr, Firstsource, etc. Its future plans include the introduction of a TaaS technology that’d feature an Employee’s Entire Journey through an organization, right from the entry to the exit. It would feature details like performance stats, attendance, and all relevant events in the employee’s lifespan in the organization.
In the next 5 years, the company plans to expand its staff strength to over 1000 employees and branch out to 15 other cities including Ahmedabad, Jaipur, Surat, etc. It also plans to enter the B2C Space in 2023.
Mr. Sachin Agrawal’s Advice To Young Entrepreneurs
Stressing the importance of an “Entrepreneur’s Mindset”, Mr. Sachin Agrawal says “Youngsters should start thinking like an entrepreneur instead of an employee”. He often comes across highly competent candidates who have strong credentials, certifications, grades, etc., but lack the right attitude to be successful entrepreneurs. For this reason, he often tells his employees “You’re The CEO of your department, not the manager. Think and behave that way, and take extreme ownership.”
DIABETES-FIGHT YOUR SUGAR WITH A SPOON OF NUTRITION:
For a long time, people have been worried and wondering about diabetes and its solution. Probably, some have tried multiple treatments and medications but somehow this disease keeps on clinging to lives without letting people feel relaxed or eating carelessly, for even a day. A healthy diet is what is needed for all to get cured gradually of this ailment. Diabetes is an increase in levels of blood glucose level from the optimum value. People often tend to gain weight or become obese so right away they think losing a few kg can help them. It is not so. Sweets and foods with added sugar, colours and preservatives are harmful to diabetic people. Also, items with high saturated fats can be potentially dangerous. The Forbes Health Editorial Team has consulted the board of around 7 nutritional experts from across countries who have come up with the right nutritional chart mentioning how effectively proper food and lifestyle can cure average people from this disease. Let us look into some of them in detail:
The DASH Diet
It includes lean meat, poultry, grains, fish, fruits and vegetables. DASH stands for Dietary Approaches to Stop Hypertension. The main motto of this diet is to reduce sodium-levels of your diet and curb mental tension which is believed definitely to increase diabetes. People also get cardio problems through excessive tension. Thus, if proper blood pressure can be controlled and foods rich in magnesium can be taken, then this can very well balance insulin levels in our bodies.
The Vegan Diet
A vegan diet primarily focuses on the intake of vegetables daily. It is more of being vegetarian rather than consuming a non-vegetarian diet. The foods include soy, legumes, nuts, whole grains and large amounts of water-based fruits and vegetables. Generally, animal-based foods are rich in protein and do no good to diabetic people. It increases the chances of being more prone to diabetes. Since there are two kinds of diabetes, so it has been surveyed and reported that a vegan diet can help treat both of them. The glucose level of blood, the tendency to become obese, etc issues can be carefully planned through a vegan diet.
The Mediterranean Diet
As the name suggests, this diet is a combination of both plant-based and animal-based food items and it chiefly includes nuts and legumes, fish, food with extra virgin oil, whole grains and lots of fruits and vegetables. This diet mainly focuses on completely reducing the glucose levels of blood so that there is no risk of its occurrence in the future. It is best for female diabetic patients as it has been found that this has reduced the risk of diabetes dropped to 30% in them. There are prospects of lowering diabetes in people with haemoglobin A1C levels with Type 2 diabetes.
The Vegetarian Diet
This diet includes fruits, vegetables, whole grains and legumes along with nuts and seeds. For a long time and even in older days, we have seen that plant-based foods have always done well to reduce several diseases. While people often think eating protein-rich foods like dairy, eggs, and meat can do well, what they don’t know is that a solar-energy-based vegetarian diet can offer multiple health benefits and even cure diabetes. It has been surveyed and found that people across the globe that richly intake a vegetarian diet have reduced their chances to become diabetic to around 50%.
The Ornish Diet
More or less like a vegan diet, it includes legumes, soy, fruits and vegetables and grains. The name as given has come from its Managing Director- Dean Ornish. His motto was to establish a proper diet that caters to the human heart and keeps the blood pressure under control. He also mentioned that surplus to diet needs proper exercise, a healthy lifestyle and a sleep-wake cycle to be effectively synchronized so that the nutritional supplement can do their work well. His diet chart is a nutritional program that gives specific guidance to reduce glycemia and emphasizes protein intake. Patients, who are under this diet program, can also enjoy a diet with carbohydrates. However, alcohol consumption must be avoided as it increases triglyceride levels. Thus, today diabetes is no longer a challenge as long as people cling to the right diet and proper lifestyle. Refined carbs, sugarrich foods on a prolonged basis and excessive consumption of concentrated sweeteners can increase diabetes. This disease is nothing serious as long as proper precautions are taken. So next time eat well and remember to consume foods which can easily break down glucose levels and maintain their optimum range.
IndiaVenture Advisors Pvt. Ltd: Inspiration for aspiring entrepreneurs facing troubles in their career journey
Mr. Ajay Piramal is a well-known Indian business person and the chairman of Piramal Enterprises Limited. After facing countless troubles in life, he proved himself as a phoenix. His story is of a remarkable business transformation, from a textile magnet to becoming India’s 4th largest pharmaceutical manufactures.
Currently, he is the chairman of Rs 400 billion groups, comprising Nicholas Piramal, the fourth-largest pharmaceutical company in India, Morarajee Weaving and Spinning, and Gujarat Glass. Under his leadership, Piramal Group has grown on to become a diversified multinational corporation, which has a presence across 100 countries across different sectors such as pharmaceuticals, packaging, financial services, and real estate.
Ajay is on the Board of Directors of several companies also, which include – Piramal Enterprises Ltd, Piramal Life Sciences Limited, Piramal Glass Ltd., Allergan India Limited, Indiareit Fund Advisors Pvt. Ltd., IndiaVenture Advisors Pvt. Ltd., Piramal Sunteck Realty Pvt. Ltd., etc.
Ajay has done Masters in Management Studies from the Jamnalal Bajaj Institute of Management Studies and has completed his Advanced Management Programme from Harvard Business School (USA).
The initial phase of life
Ajay had a well-settled family background. Despite this, he had to go through several difficulties, to become what we see today. In the year 1977, when Ajay was 22 years of age, he had completed his MBA
from Jamnalal Bajaj Institute and had just joined his father’s textile manufacturing unit. Things were moving fairly well, but this was still a very nascent and learning stage for Ajay. The inevitable happened in 1979 when his father died in New York.
Things worsened when his elder brother too, decided to part ways from the family business in 1980. Only 16 days after the separation, all the textile mills in the city were forced to closed down due to a strike led by
Datta Samant, which went on for over a year. This was followed by another huge tragedy within their family, when his brother, his only support died of cancer in 1982. His brother left behind his young widow and their three children. After all these happenings, he decided to take control of the business and made sure to turn around everything for good. It was in 1984, at the age of 29 – he became the Chairman.
Venturing into the Pharma Business
Soon after he took control of the business, he realized that he needed to move out of the textile business. Indeed, the textile industry had a good future, but because of the ways, the policies were fashioned, and because it was also an industry where commodity and cost were the major players, large companies just could not be successful.
Since he did not have the pertinent knowledge of all the fields, he knew that the only way to grow was to acquire or merge companies in suitable sectors. He started with the acquisition of Gujarat Glass Limited. It is used to manufacture glass packaging for pharmaceutical and cosmetic products. Later, he also understood that the next boom that will happen in India would be in the pharmaceutical industry. Therefore, he went for the acquisition of Nicholas Laboratories.
After acquiring Nicholas Laboratories, under this banner itself, the company went on a spree of acquisitions such as the Indian subsidiaries of Roche, Boehringer Mannheim, Rhone Poulenc, ICI, and Hoechst Research Centre. This eventually grew the company to become listed amongst the top five pharmaceutical companies in India. Nicholas had reached the highest valuation in the whole pharmaceutical industry by the year 2010.
Expansion of Piramal group
Post staying under the radar for a while, the company made a full-throttle comeback with a range of JV’s, Acquisitions, or for that matter a range of new development. This was done to strengthen and widen their presence even more, over the next decade. Some of these included -
» The acquisition of Ceylon Company Ltd in Sri Lanka in 1999
» The acquisition of Pfizer’s UK manufacturing facility called Morpeth in 2006
» A deal with Merck for development and discovery of new drugs in 2007
» The second drug development deal with Eli Lilly in 2008
» Formation of ‘Piramal foundation’, a philanthropic arm of the group
» A name change from Nicholas Laboratories to Piramal Healthcare Limited
» Establishingits real estate entity, Piramal Realty
» Purchase of a 5.5% stake in Vodafone India for ₹30.07 billion ($618 million). This took their total stake in the mobile telecom firm to 11%, which was eventually sold to Prime Metals, an indirect subsidiary of Vodafone Group in 2014.
» In 2012, acquisition of ‘Abacus International’. It is a UK-based global market access solutions company for many of the world’s leading healthcare companies.
» Purchasing the brand ‘Caladryl’ (a skincare product) in India by Piramal Enterprises. Caladryl is an anti-pruritic solution for minor skin irritations and itching.
However, the biggest announcement had taken place in 2010 when Piramal Healthcare sold its domestic formulations business to US drug maker Abbott for a whopping ₹17,000 crore.
The deal was considered to be the most expensive in the industry. Ajay decided to sell this business division that was making revenues worth more than ₹1,800 crores was sole because of the valuations he got.
Mr. Ajay Piramal has encountered myriad phases of life. He has come out of such miserable circumstances, which is not easy for anyone. Today, when People find him in Forbes rankings amongst the richest Indians they look up at him as an idol. Despite so many hardships, he has faced and how he has come up, he is truly a motivational personality for many.
THE COGNITIVE RESPONSE TO ORGANIZATIONAL DEVELOPMENT:
Science has offered already so much to human lives. Technology like Functional Magnetic Resonance Imagery has enabled us to look through the brain and find how it responds while dealing with a major organizational change. The basal ganglia of the human brain are primarily concerned with controlling our day-to-day activities. It is often seen that works that are performed on a repeated basis utilize less mental energy and consciousness. However, while diverting our thoughts towards the change, our brain responds differently. Therefore, in certain decisions, our mind feels right or may feel wrong.
Changes that are associated with facts out of our comfort zone are stimulated by the section of our brain called the prefrontal cortex. This region is responsible for controlling both insight and impulse. In simple terms, it simulates the brain nerves in response to fear, wonder, anxiety or despair.
When the mind is dealing with changes that are complicated and unfamiliar, the nerves of this region are strongly affected knocking all negative feelings and bringing feelings of
sadness, depression or anger into the minds of team members. However, it is strange that science has helped us to respond to any change, good or bad, helping people around the world to assemble themselves and coordinate with the changes. Let us find out how:
• Simplifying the change
Any introductory change comes in two forms – one that can be put to good use and the other is the reverse image if that is not the case. This takes a lot of complicated mental activities to shift from basic thoughts moving into a new or complicated concept under the basal ganglia of the brain. Thus, science will help to focus on the motive behind the change and make it more familiar than threatening.
• Be at ease with the change
Changes cannot be forced but only introduced. The response can both be favourable and negative. While the changes are introduced, the human brain shows tremendous
mental activity to develop insight and then build complex connections. A rush of neurotransmitters like adrenaline boosts positivity associated with any experience.
• Make communication simpler and never conceal the truth
The brain can digest only one change at a time. The sense of complexity can deflect the working of the brain towards one goal. Science has helped to establish a comprehensive outlook of any changes made so that they can easily be understood and absorbed. The prefrontal cortex can signal danger in case of unrealistic expectations. It then switched to high alert mode indicating the science of deception so that our brain can balance with extreme anxiety.
• Emotions cannot be neglected
The centre of our conscious thought is closely associated with the emotion-generating amygdala. Many a time decisions are based on emotions than logic. Sometimes, it might not come out of our conscious-driven mind or with logical reasoning. Emotional choices can be justified only emotionally and they can be more appealing when presented in the right manner to connect to the audience’s emotions.
• Make the change attentive
Paying attention involves chemical and physical changes in the brain and as the brain is remodelling its thought processes, the density of attention can get affected by different experiences over a specific time. Changes that were repetitively made catch high attention density and encourages peoples’ mind for a long time behavioral change. New ideas can grab attention when presented in new packaging ways such as through a game, a metaphor, an image etc.
• Establish a trustworthy foundation with authentic body language
When the organization is constantly evolving, our minds come under pressure to digest various phases of instability inside it. It is the role of the leader to make the correct use of science and establish stability, detailing any success or challenges associated with it. People look for future vision coupled with the right use of language. As the mind is open to accepting suggestions and implementing changes, the brain waves cannot accept many nonsensical languages or close gestures. Therefore, wars must be emotionally charged with a clear vision and it is to be carefully assessed that we speak what we see and believe.
• Enforce inclusive relationships as your strength
In the dorsal portion of the anterior cortex of the brain is the neural region that responds to suffering and pain. Any change that reacts to produce physical change must be ruled out. The new changes in leadership goals and fundamentals must synchronize between inclusive and collaborative relationships. Share work experience establishes mutual trust and connectivity for the success of an organization.
Solid Performers CRM
Top 10 Best CRM Providers for Small & Medium Scale Business
Inspiration behind Starting Solid Performers CRM
During previous businesses, many of our clientswere looking out for a CRM Software to manage their sales team and overall business. But, everything looked too costly and the customization features were very less in those CRM. Also, since we were also into software development, we thought of providing a CRM at a much affordable price with World Class Features and Standards and can be customized according to any business requirement easily. Hence, the Solid Performers took birth.
Overcoming Initial Challenges in Business
During the initial years, there were some challenges in front of Solid Performers. One of the major challenge is to provide customization based on a different industry. Besides, making those customizations in a DIY (Do it yourself) was another big challenge that we faced. This is because it should not be difficult for the clients when they try to make changes on their own.
Solid Performers CRM Brand defining “trust” in the market
Solid Performers CRM is an ISO 27001: 2013 certified company for Information / Data Security and Maintenance. Also, their complete cloud infrastructure is running in AWS with multiple security measures for data safety and security. Since the clients using the CRM are primarily in need of these features, they build trust with their clients. Also, they strive to provide 99.9% Server uptime and are following that standard till today.
How Solid Performers CRM is Unique In Terms Of Value It Offers
Solid Performers CRM products and services are equated with high performance and a very high standard of service. Their CRM is very easy to work with and it can be customized according to any business requirement in less than 1 hour.
It can be integrated into multiple platforms like Websites, Landing Pages, Facebook Ads, Justdial, Sulekha, Indiamart, Google Contacts, Google Calendar, etc., and all the data collected from these various sources can be captured and processed easily with the help of their CRM. They possess the tools to convert a Lead / Enquiry into your Client.
Solid Performers Offerings And Services
Solid Performers CRM offers a variety of services to its clients. Their Primary Product is the Cloud-Based SAAS CRM Solution with features includes Lead/ Enquiry Management, Client Management, Vendor Management, Proposal Management, Invoice Management, Project Management, PO Management and many other add on modules. Their CRM serves not just like a Pre Sales CRM but also a Post Sales CRM which can handle your clients and leads under one platform.
Why Customers Should Trust Solid Performers CRM
Customers are going to trust Solid Performers and store all their business-related data in their CRM. So, it is their basic necessity to get clarity on safety measures provided for their data, so that it will not be exploited by others. Once Solid Performers clarify this, then automatically the trust is not only built but they also get their peace of mind for reliability.
How Well The Client is Connected With The Solid Performers CRM Brand
For Solid Performers, it is all about providing an efficient & easy to use Cloud-based CRM with high-end customizations and maintaining a very minimal or zero downtime of the service. This helps clients to rely on them without hesitation. They get connected closely with their clients and try to understand the problem that they are trying to overcome as they strive to provide a solution for effectively managing their business and not just selling software.
Meaning of Customer For Solid Performers CRM
Solid Performers CRM treat their customers as their core team members as they not only use the product but also provide them with valuable feedbacks & any new features that need to be implemented which will help not only them but also the entire community of users who are using their
products. Their reliability is very high and this increases their expectation from the company and Slid Performers CRM is here to support them in all instances.
What Can We Expect From Solid Performers CRM In Terms Of Any New Categories Or Changes This Year
With regards to changes in the products, Solid Performers CRM are implementing multiple integrations with their system, so that it will benefit the entire client community. For example -they have integrated their Calendar system to Google Calendar for 2 way data sync which will reduce the effort of managing 2 separate calendars for the users.
First Thoughts That Enters Consumer’s mind When They See Solid Performers CRM
The first thought in the minds of the consumers when they see Solid Performers CRM would be - A CRM which is very easy to Use and Manage.
What Can We Expect From Solid Performers CRM In Future
Solid Performers CRM is working on 100+ Third-Party Integrations by the end of 2020. This will take their brand to a completely new level and their customers can manage everything from the CRM itself.
Journey as an Entrepreneur
Saravanan P describes his journey a great one and he never doubted one bit on his abilities as an entrepreneur.
What Do You Hope To Accomplish Within Next Few Years
According to Saravanan P, he is focusing on establishing Solid Performers Brand globally with their presence in minimum 10+ countries.
Saravanan P Advice For Young Entrepreneurs
Start Young as you will get more time to explore as there won’t be any big commitment towards your career & family. Also, never go for investment until you are sure that you will succeed in the business 100%. And, to get 100% confident, you should prove yourself to others within a short period.
Top 9 Indian
IT Companies and Service Providers
If there is one sector that holds the maximum glory in this contemporary world, then it is information technology. Information technology and its allied services have the potential to cultivate dreamlike advancements. Every industry needs IT without any second thoughts! Our country is home to torch-bearing IT companies and services that have created and continue to create a legacy. The need for experienced full-stack engineers, data scientists, and IT professionals has grown to gigantic heights. These top Indian IT companies and service providers are the organic pool of the aforesaid professionals. So here we are featuring the top 9 Indian IT companies and service providers.
TATA Consultancy Services
We all know that this list can’t begin without the name of TATA Consultancy Services. Founded in 1969, this acknowledged global leader began with a motto of providing management consulting that would create the platform for IT services to bloom. Their chain of proficiency deals with catalyzing businesses with intelligence. The company delivers services like automation, artificial intelligence, digital engineering, cyber security, cognitive consulting, blockchain, and many more.
Infosys
Infosys was established in 1991 by the honorary Mr. Narayana Murthy. The company works to leverage digital advancements to helm customer-centric business models for enterprises. Their approach is to create new opportunities for businesses via increasing productivity and optimizing asset valuation. Infosys offers services in applied artificial intelligence, data analytics, digital management, block-chain, cloud services, and API Economy amongst others.
IBM India (International Business Machine Corporation)
Winding up today’s article we have IBM. Supremacy in the IT sector across the globe, the company operates in more than 170 countries. They are renowned for manufacturing and selling A1 quality computer hardware and software, mainframe computers, cloud computing, and data analytics. With their continuous flow of research and development initiatives, IBM has contributed significantly to ensuring cyber security and delivering consulting services. Their processes are all amalgamated with deep research capabilities, a comprehensive IT structure, and complex business knowledge.
Wipro
Wipro is another leading IT consulting company emphasizing inventiveness to address the demands of analytical digital solutions. Founded in 1947 by the dignitary leader Azim Premji, the history of excellence of Wipro is reverent. The Company holds a robust portfolio of capabilities in handling genres like engineering, designing, operations, and logistics with advanced technology. Their services are dedicated to helping businesses achieve their audacious ambitions and build a future secure working model.
Tech Mahindra
Tech Mahindra offers inventive and customer-oriented digital experiences to ventures. They are focused on utilizing next-generation technologies like quantum computing, artificial intelligence, cyber security, 5G telecommunication, and more secure digital business outsourcing services. Founded in 1996 by Anand Mahindra, Tech Mahindra stands proud of being a true bearer of sustainability and a collaborative ecosystem. They have expanded their IT portfolio by grasping hold of leading global businesses and have implemented more than 15 Greenfield operations globally in the telecommunication sector.
Capgemini
Adding more to the list, we have the IT consulting company Capgemini. The company was founded in 1967 by Serge Kampf. The firm has successfully incorporated technology to transform businesses. From strategic planning to manage the entire operations, Capgemini has a sound knowledge of the fast-evolving fields like software development, data analysis, cloud, AI operations, and digital engineering. They add the value of technology to accelerate enterprise efficiency.
Oracle Financial Services Software (India)
Oracle Financial Services Software Limited is a retail banking, corporate banking, and insurance solution provider using technology. They also provide business process management, asset management, business management, and procurement tools under the two streams of business i.e. Banking Products Division and Prime Sourcing. They are promoters of its BPO business process outsourcing business via Internal Capital Adequacy Assessment Process, enterprise performance management, exposure management, and commodity trading experience.
Accenture India
Accenture is a global IT company with major expertise in handling system integration, business process outsourcing, and infrastructure planning via the use of a diverse set of technologies. In India, Accenture India does the same and enhances future-ready scenarios for clients’ businesses. The company explores the brewing areas of cryptocurrency, digital marketing, AI banking systems, metaverse, cloud, analytics, and automation amongst others. The company also provides solutions for operation strategy, mobility, business planning, and R&D.
HCL Technologies
Next In the queue we have HCL Technologies which is an eminent IT platform providing a diverse genre of technology-derived services to revolutionize and rephrase business models. HCL was founded in 1991 by Shiv Nadar and Arjun Malhotra. They are predominant players in providing extensive software and infrastructure services. HCL has major expertise in dealing with verticals like telecommunications, CCPG Life sciences, transportation, logistics, healthcare, etc.
ArBhar consulting pvt Limited:
ArBhar Consulting organisation aspiring to become the largest consulting firm
ArBhar Consulting pvt Limited established in November 2017,is a Mumbai based consulting partner to enterprises and commercial organizations. Company provide growth consulting to help you build scalable, sustainable and high performing enterprises. The company offers a process driven, result – oriented focus on achieving the customers mission. According to the CEO of ArBhar consulting pvt Limited Mr Vijay Sampath Kumar said that- our work is reflection of the motivation and the vision of the our clients and we support through involvements that are applicable and disruptive. They provide complete Auditing service which is includes physical verification of IT and non IT assets.
Company works in Sector- process optimization, audit analytics, cost optimization, staffing and IT securities etc.
Business career and key integral core behind success
The ArBhar consulting pvt Limited was structured by Mr Vijay SampathKumar (founder and CEO) in 2nd November 2017 with the primary aim of providing consulting management service. According to the Mr Vijay Sampath Kumar founder and CEO of ArBhar consulting pvt Limited, the company is fully focused upon working with CXOs who aspire to run their business with good strategic focus and perfect efficiency and willing to learn - the challenging process of the transformation into a better organization and company aim is perseverance and right approach to customers service form the care of their strategy of work philosophy.
Concept of the management strategy by (Mr Vijay SampathKumar )
The management strategy is the important part of the any business organization. Through effective use of training & communication, management consulting ensure that all the impacted parties have fully understood and accepted the need and benefits and demand of the transformation. There by sealing their commitment to the new process and goals. According to the CEO of ArBhar consulting pvt Limited Mr Vijay Sampath Kumar - any major transformation project requires the impeding change management to the handled very carefully. They avail of every opportunity to be present at forums where young entrepreneurs promote and pitch their business ideas to investors and ventures capitalists in a bid to seek funding of their growth and expansion.
Your employees are your treasure and biggest asset’s
Founder and CEO of The ArBhar consulting pvt
Limited Mr Vijay SampathKumar loves his team members fervently and heartily acknowledges, their contribution towards outgrow Success and our bright team member bring us immense pride, through their fresh ideas and passion. Without their contribution, none of our achievements would have been possible. Over the Last three years ArBhar consulting pvt Limited has been successfully at Building deep domain- centric experties and it now present aim it expanding further with in those domains by widening its footprint both nationally across the 100 plus cities over the next 3 years.
Vision and future goals of ArBhar consulting pvt Limited
The ArBhar consulting pvt Limited wants to available in 100 cities of India till 2023. Our success is measured by the value we deliver to clients The quality of the staff we employ, and our strength and
spirit as a consulting management firm. The ArBhar consulting pvt Limited is a value based organization they are important philosophies we use to guide us in making decisions. About learning and developments , commitment and accountability, mutually- beneficial relationship etc.
Create job opportunities by ArBhar consulting pvt Limited
The ArBhar consulting pvt Limited has been able to generate the employment for the talented young professionals in the challenging times of COVID.
Challenges and way Ahead for business during the time of covid-19
We care for our clients, business as our own. We think and act like business partners not academic advisors. We share our clients, aspirations work to understand their reality and align our outcomes with their objectives. So they know we are in this together. We are living through strange times, facing challenges now to humanity, that span the globe don’t respect the spaces we have defined for ourselves . Our work lives are being turned upside down. We are learning to deal with new ways of working.
A message to readers of prime insight magazine
Founder and CEO of the ArBhar consulting pvt Limited
Mr Vijay SampathKumar said that pandemic has created a messive humanitarian challenge. Millions ill and hundreds of thousands of lives lost. So we have to retained the employees like a family member. Team is very important and people are big asset. We should take care of them. We have seen lots of flexibility from careers but employee is the core strength of the organization, instead of profit. He greatly admire the leadership style. We have to focused, do keep faith in yourself, hard work is very important key for the any big success .
Top10 Magnificent Startups in India worth Admiring
CRED
CRED was founded in the year 2018 by Kunal Shah and Rohit Bansal. CRED is an innovative platform where one gets rewarded for paying credit card bills. The Bangalorebased startup started with the idea to improve the financial behavior of people. CRED gives coins when someone pays their credit card bills through their app. These coins can later be redeemed to purchase any product from their catalog or either participates in various contests running on their platform. CRED is the second-fastest growing unicorn startup in India. The total company valuation is 6.4 billion dollars.
Nykaa
The cult-favorite, renowned, one-stop beauty and fashion destination, Nykaa is next on our list. Founded by the remarkable women entrepreneur Falguni Nayar in 2012, Nykaa is the first Indian unicorn start-up to launch an IPO in 2020. After the launch of the IPO and multiple rounds of funding, Falguni Nayar became India’s wealthiest self-made female billionaire. The e-commerce company garnered success for introducing authentic products of international brands which were never known or heard of. The total company valuation is 13 billion dollars.
Skit.Ai
Previously known as Vernacular.ai, Skit.ai is an artificial intelligence-driven startup that provides top-notch digital solutions. Skit.ai was founded by Sourabh Gupta and Akshay Deshraj in 2016. This innovative platform uses conversational voice AI solutions for businesses to elevate the standards of customer experience. It follows a drift from the usual contact centers to AI that imitates natural voice conversations. With Skit.ai, enterprises can easily automate the logistics and operations of customer call centers.
Digit Insurance
The first unicorn of India 2021, Digit Insurance is an Insurtech startup that changed the way insurance products were understood, claimed, and purchased. The company started to make insurance simple and claims quicker for customers. They busted the complex myths about insurance and made processes smoother. It was founded back in 2016 by Mr. Kamlesh Goyal who spent a major chunk of his professional career in finance and insurance segments. The total company valuation is near to 4 billion dollars.
Udaan
A B2B e-commerce platform, Udaan works with a vision to revolutionize the paradigm of Indian trade by leveraging technology. On Udaan, manufacturers, sellers, retailers, and small business runners can purchase materials and products at feasible prices. They can also sell their services on this platform. Udaan solves supply chain management issues, ensures payment security, and focuses on SME trade financing. Vaibhav Gupta, Sujeet Kumar, and Amod Malaviya founded Udaan in 2016. The total company valuation is 3.1 billion dollars.
Groww
Next on today’s list is the fintech startup Groww. Groww is an investment platform that offers innovative ways to invest money with stockbroking, IPO, and mutual funds. The pivotal vision of the company is to educate people about the perks of systematic investment, savings, and personal financing. It was founded in 2017 by Lalit Keshre, Neeraj Singh, Harsh Jain, and Ishan Bansal. The total valuation of the company is 3 billion dollars.
upGrad
Moving to the ED-tech domain, upGrad holds a colossal position in providing higher education. Founded by Phalgun Kompalli, Mayank Kumar, Ronnie Scewrvala, and Ravijot Chugh, upGrad is an online platform where students can choose their higher education courses online and get 100% placement assistance. The popularity of upGrad grew because of its diverse and rigorous courses in digital marketing, logistics, management, data analytics, entrepreneurship, etc. The courses are offered with a flexible fee structure and a placement guarantee. The total company valuation is 2.25 billion dollars.
Meesho
If we think of one such re-selling platform that has grown to immense popularity in India, has to be Meesho. Meesho was founded in 2015 by Vidit Aatrey and Sanjeev Barnwal. The e-commerce platform provides quality and affordable products from apparel to clothing, accessories, cosmetics, and whatnot. The suppliers engage with Meesho and sell their products online for which they earn a good profit with every sale made. It has now tieups with more than 50,000 sellers across India and has helped people to start and grow their reselling businesses. The total company valuation is 2 billion dollars.
Zerodha
Founded by brothers Nithin and Nikhil Kamath, Zerodha is a fin-the startup that registers with the Securities and Exchange Board of India since 2010. This platform provides brokerage facilities at discounted rates to stock traders. This online discount broking company works to bring lower costs, mutual funds, bonds, and maximum profits for a stock market trader. The company has more than one million active users and holds a total valuation is 2 billion dollars.
PhysicsWallah
PhysicsWallah’s entrepreneurial journey is close to the heart of every Indian Student. Regarded as India’s most loved educational platform with more than 6 million active learners, Physics Wallah has come a long way through. An ED-tech startup that provides the best educational services for IIT, JEE, NEET, and CAT amongst others, Physics Wallah was founded by Alakh Pandey in 2014 fist on YouTube. The total valuation of the company is 1.1 billion dollars.
Spiritech Company: Reconciling Faith And Technology
with him. E-Puja has organized around 45000 pujas in about seventy countries. The procedure is straightforward. The Puja is done on the particular day, as demanded by the user and the prasdam, which dosen’t perish is sent to the devotee by courier, in the envelope of the temple. The distinguishing features of this service is given as follows.
• Amount of access to worship places and temples.
• Ecommerce facility.
• Authentic and transparent services.
Epuja has a beneficial web portal, which solves this issue by providing an online booking service for VIP Darshan and Pujas. Besides Puja, ePuja also delivers ePuja Shop for Rudraksh, Astrology, Puja Samagri and Yantra. As per the firm, the online astrology market is anticipated to reach 2.5 billion USD. The firm is planning to deliver services like Brahmin Bhoj, home Pandit and also Gaudan. The firm is also providing additional services like :
• Spirituality Classes: Explaining Hinduism concepts to children.
• Monthly Puja Boxes: People who do regular home pujas require monthly puja boxes containing all the actual damage.
Many Indian people are turning to ePuja using their smartphone apps and websites, which is as simple as ordering food and pizza. It is very convenient for Hindus living overseas. Users select a puja and the respective temple, pay the concerning fees, and the firm arranges a priest to do the prayers.
E-Puja : Connect to God in one click.
E-Puja is a pioneering India firm, which is dedicated to providing pujas, rituals across three thousand six hundred temples in India. The founder is Shiv Kumar, who spent around four years, meeting priests themselves and asking them to join
• Religious Tourism: If you are living abroad and also if you are engaged in a very top job, then you may not get time to visit temples.
• Essential puja functions: Conducting and hosting Puja needs a lot of planning.
• Eco-friendly Ganesh festival: Due to rapidly growing environmental concerns, there is a need to find an ecofriendly Ganesh idol, for reducing the carbon footprint.
• Donating temple: If you live in a very distant place, it is difficult for you to travel to the temple.
• Astrology: Consultancy for customized astrology.
• Building communities: Engaging users to share information
Chetan Merchant Founder Rikin Parekh Founderand connect with things related to spirituality.
• Kit for portable final rites.
• Offline store for ePuja Kiosks.
Workings of The Company
The country has the highest Hindu population globally, and the spiritual market is expected to reach 60 billion USD. Therefore, online puja booking has become a convenient concept, where users can book the Puja in one click. Using ePuja, the spiritual experience becomes effortless and convenient. Non-Resident Indians( NRI ) are the most significant users of the service. The payment gateway is very authentic. Besides performing Pujas, the online portal also gives data about temples, which provide Remedy Pujas for solving issues ( job issues, issues in conceiving, early marriage ), or to give blessings to a devotee. The firm also offers a lot of homams, yagnas and pujas and also famous temples as per ( Lord Vishnu / Lord Ganesha / Lord Shiva ) pujas and even Navagraha temples to the customer. The temple can be selected as per birth star/zodiac sign, for both annual and single pujas. The network of the firm is vast, with eCommerce facility, and it is connected with more than three thousand six hundred temples with priests. The firm has collaborated with temples trusts, for making and packaging the prasad. The prasad is sent to the customer within three months by courier. Till today, ePuja has done 45000 pujas and around half of them have been booked by Non Resident Indians. Prasad has been delivered to customers in more than seventy nations, in that particular temple’s envelope. Presently, the firm is doing thirty pujas daily and will be doing eighty pujas per day within the first year and is expected to reach 1600 pujas daily, within the successive five years. Epuja commenced online astrology services in October 2019, and it has around three astrologers, which is expected to increase up to 25 astrologers. The primary features of the business are given as follows.
• High quality of services: ePuja is delivering prasad in the particular temple’s envelope, which gives it authenticity.
• Repeat customers are very crucial: The firm extensively focuses on current customers. Around forty per cent of customers are existing customers.
• The platform is customer-friendly: The website of the firm is very user friendly with short loading time, easy GUI, particular categories and subcategories.
• Excellent pricing: The pricing is very affordable and customized to suit different budgets.
Challenges and Risks
Currently, the firm is facing a lot of challenges, as expected in a business model. Since Indians, mostly do not trust online horoscopes and astrology, the challenge is to create a brand, which will be authorized by the customers. But the firm believes that startups in astrology have a bright future—the other main risks, which the firm is facing include.
• Security of technology: The firm’s own business is dependent on the portal. All the bookings which consist of Homa / Havan, Puja, VIP Darshan and Samagri.
• Very high competition: There is very high competition, from unorganized local trusts for temples.
• Retention of priests is difficult: Due to very high website traffic, it is challenging to keep pace with the priests.
• Risk of execution: The firm has a lot of collaborations with many travel firms (Thomas Cook, SOTC, MakeMyTrip ), to acquire customers for VIP Darshan. Coordination is challenging if footfall at VIP Darshan places increases very much.
• Target audience is tough to reach: Older people after the age of 65 like to visit temples, but lack technological awareness and are therefore rely heavily on their children, to attend any Puja or order Puja Samagri.
The Leadership Team.
The leadership team encompasses of the following talented individuals.
• Shiv Kumar, Founder and Executive Director : Shiv Kumar has around twenty years experience in the field of Sales and Marketing, and has extensive networking skills. He is involved with temples and cultural bodies. He sits in Bangalore office and heads ePuja.
• Chetan Merchant, Managing Director and Chairman: Chetan Merchant has more than ten years of experience in the field of Marketing and Sales. He was last posted at Development Bank of Singapore at Mumbai, as a leader of Client Acquisitions. He is a part of the prestigious Bhatia Community of Mumbai and is the youngest trust member of the Global Bhatia Foundation.
• Rikin Parekh, Director – Rikin Parekh is an MBA from the KJ Somaiaya Institute of Management Studies, and has done past work at Notz Stucki & Cie Switzerland fund and has a present firm known as Maverick Equities (since 2006).
Future Plans
Epuja plans to make a spiritual mall, where all the requirements of its customers will be handled.
story of success
Founder
Businessman, self-made billionaire, and philanthropistPierre Omidyar was born in Iran but now calls the United States home. He created eBay, a website facilitating transactions between buyers and sellers worldwide. He was the twenty-fourth world's richest person based on Forbes's rankings of the world's wealthiest people in 2021. The current estimate for Omidyar's wealth is 21.8 billion dollars.
Providing simple market access was one of his primary motivations for establishing eBay in 1995. So when Omidyar decided to sell his used printer on eBay, it became the company's first offering. At first, there were no takers, but offers started rolling in after a week. From starting the business to creating a 13.1 billion dollar empire, Omidyar's story is awe-inspiring. A summary of his accomplishments is provided below.
Early Life
Pierre Omidyar entered the world on 21 June 1967 in Paris, France. His Iranian parents moved to France for better education and employment opportunities. Omidyar is the son of a surgeon and an academic mother who holds a Ph.D. in linguistics. When Omidyar was a young boy, his family decided to relocate to the United States. Omidyar's interest in computers first surfaced when he was a freshman in high school.
He went to Tufts University after finishing high school. The University from which he earned his computer science degree was Tufts. After that time, he enrolled at Berkeley,
California's prestigious University. Following his time at Berkeley, Omidyar joined Apple's Claris division. After that, in 1991, he co-founded an early computer company called Ink Development. It was in 1995 that he established eBay, and since then, he has become one of the wealthiest people on the planet.
Success Story of eBay
In 1995, at 28, Omidyar began writing the code for what would become eBay. In this online marketplace, buyers and sellers could interact directly during bidding. During this time, he fell in love with Pamela Wesley. She had an opinion about how difficult it was to find other online dispenser accumulators. So, to help his fiancee afford a Pez Community, Omidyar set up an e-auction service on the website. He ultimately settled on the name "Auction Web" for the domain.
The first product to sell on his website was a defective laser pointer. When it came to the products he was selling, he made no guarantees and took no responsibility for settling complaints. Instead, he created a venue where people could meet online and conduct transactions in preparation for an auction. Its prominence coincided with the 1996 launch of its first online airline ticket sales. Starting the year at around 250,000 daily auctions, it peaked at about 800,000 by the end. The company transformed its name to eBay in 1997 after being inspired
by the registration name of "Echo Bay" by a mining company in Canada.
Omidyar, a friend of Jeff Skoll's who is also a computer programmer, relocated eBay to a more expensive platform after noticing an increase in site traffic. He began charging a few cents per item to defray the costs of listing and collecting small collectibles.
Due to the success of eBay, he decided to quit his job and put more time into the technology and community. Every three months, revenue tripled, prompting Omidyar to raise his investment and bring in a management team with deep expertise in the technology sector. Benchmark Capital was presented with its business plan, and 22 million dollars in cash was given in exchange for 22 percent of the company. Margaret Whitham's promotion to CEO at eBay results from her proven ability to lead a company to success.
The Omidyar Foundation, which he founded, helps with disaster relief, fighting poverty, and promoting human rights. For the past decade, he has never wavered in his support of a free press. In 2013, he launched First Look Media to promote in-depth journalism.
The ever-growing popularity of EBay revolutionized the online shopping landscape. After seeing eBay's success, many people tried to replicate it but ultimately failed. According to Forbes, as of 2022, Omidyar will reportedly be worth 24 billion dollars. Omidyar was unbeatable in his pursuit of success thanks to his dogged dedication to his work. He tries, however, to keep a low profile. To avoid being hassled by strangers who know my name while I'm out and about, I'd prefer that only the employees at Starbucks realize it.
The story
Pierre is considered the online commerce's architect. eBay has millions of users in every country it is present. He wanted to create a venue to buy things on an auction basis. The story of his accomplishments is genuinely motivational. The road to success is paved with hard work. But ultimately, it teaches us what it means to be focused, committed, and patient. Omidyar took a chance and quit his full-time job to devote time to his business, eBay. There are no limits to what we can achieve if we have faith in ourselves. Ultimately, we need to grow from our experiences and keep going.
Enviro Water Integrate Pvt Ltd:
The Flagbearer of “Waste to Wealth Mission”
Inspiration behind Starting Enviro Water Integrate Pvt Ltd
The incorporation of the Company “Enviro Water Integrate Pvt Ltd” was done to support the “WASTE TO WEALTH MISSION” of the nation. With the continuous Industrial growth, scarcity of water has become a Global Concern. This company has come out with an INNOVATIVE SOLUTION for Industries, which is not only Economical but results in bringing down Cost of Production in Manufacturing Industries.
The Inception Journey of Enviro Water Integrate Pvt Ltd
The inception of the company took place in Corona Age, during lock-down period. While searching for Water Conservation Techniques available across the globe, founder member of the
Aditya Kumar Managing Directorcompany, Mr. Aditya Kumar observed that for Conservation of Water in Industries, was possible only with Waste Water Treatment Plant. Waste Water Treatment Plant has high Installation and Operation Cost. This made him to research on Water Conservation Techniques based on his practical experiences in various industries. This led him to arrive at Innovative Solution.
With the innovative technique formation of a Start-up company was taken up. Enviro Water “Integrate Pvt Ltd was incorporated on 1st May 2020 & was accorded Start-up recognition by START-UP India on 16th May 2020. The newly formed company received invitation from Principal Scientific Advisor to Govt. of India to participate in Inaugural Function of “Waste to Wealth Mission” under the banner of “Swachh Bharat Unnat Bharat” India. The company participated in
E-Conference & also E-Exhibition on 17th August 2020. Mr. Kumar expressed his gratitude to the visitors to his e-booth. 68 no. visitors had a visit to his e-booth.
Keeping Up With the Changing Market Trends
Introduction of Green Technology in Manufacturing Industries is the need of hour. Mr. Kumar believes in visualizing upcoming needs of the market & go beyond conventional technology. Industries are occupied in their day-to-day production activities & hence Enviro Water Integrate would like to support such industries with new technologies to upgrade their water system in economic & efficient way to move forward for industrial sustainability.
How R&D Is Essential for the Growth of Enviro Water Integrate Pvt Ltd
Mr. Kumar firmly believes that R&D is essential for the growth of any organization. In the current scenario, everything is changing rapidly that if a company doesn’t give importance to R&D, its sustainability would come under threat. Visualizing their limitation, Enviro Water Integrate has planned to support them with their research team in area of expertise.
What Type of Clientele Do You Serve
With regards to the clientele, Mr. Kumar mentions that they serve Manufacturing Industries, such as Steel Plant, Power Plant, Petrochemical Plant, Chemical Plants, and Papers Mills etc. which requires huge quantity of water for its operations. Such industries have multiple facilities within one factory premises & the water quality requirement for various units varies. Enviro Water Integrate provides technical consultancy services to such industries for a customized solution to achieve substantial reduction in their water consumption & to achieve “Zero Discharge of Water” from factory premises, through the technique of “Integration of Water System”.
What Are Milestones and Achievements of Enviro Water Integrate Pvt Ltd
Mr. Kumar shares various milestones and achievements of the company which has been highlighted below:
• Idea is converted into Process Design.
• Complete Patent application is filed & it is published by Patent Authority.
• Patent application is under examination & approval is expected shortly.
• Company Website is active & communication to industries has been initiated.
• Our initial target is get first opportunity in Steel Industry by December 2020.
• Target for the year 2021, would be to extend our services to at least 5 nos. of Industries.
• Target for the year 2021 - 2023, would be to extend our services to at least 25 nos. of Industries.
• Target for the year 2023 - 2025, would be to extend our services to at least 50 nos. of Industries.
What Can We Expect From Enviro Water Integrate Pvt Ltd In Future
According to Mr. Kumar, Enviro Water Integrate has an ambitious plan to extend their Water Conservation Services to all such industries, which requires huge quantity of water for their operations. They would be starting with Integrated Steel Plants, where they have already experimented & established the technology. For other industries, their R&D team would be working continuously to develop most economical solutions. Since their technology could be very well implemented in existing industries, they would be first focusing on existing industries, which is consuming water & Conservation of water is big concern for them.
Mr. Aditya Kumar’s Journey as an Entrepreneur
Mr. Aditya Kumar shares his entrepreneurial journey which is slightly different from others, in the sense that he started the journey in adverse situation. He tried to look into “Opportunity in Adversity”. During Lock-down period, when most of the entrepreneurs were under stress, he utilized this opportunity on Establishing the company, Research work, Patent filing work & so on. During normal working days such activities could not have been done so smoothly & efficiently. This has allowed him and his team to remain charged even during unprecedented Corona outburst period.
What Advice You Wish To Give To Young Entrepreneurs
Mr. Kumar speaks about the dreams of an entrepreneur and the stereotypes around the failure of such dreams. He suggests that such Entrepreneurs must realize that there is no fault in their dreams. Realization of their dreams needs certain modification in execution techniques. Need is to work on finding out better ways for execution & not giving up. Experts are available on every field now- a- days. Their services may please be availed to explore better solution. In the current scenario, it has become very easy to connect with experts virtually, so why to lose time. Please wake-up & realize your dreams, rest assured people are there to support you.
Message to Prime Insight Readers
Mr. Kumar’s message to the Prime Insights readers is that Water Conservation is a Global Issue; we all must come forward to work for it. It is a Sustainable Development Goal & the survival of human being and other species largely depends on availability of clean water. Industrial growth has impacted water availability adversely; hence need to bring awareness among people about water conservation. People go for Life Insurance policies to secure the next generation. Have they thought of how can up-coming generation would survive without WATER, even if they enough MONEY?
He appeals to the whole society to join hands together today itself, to make “Water Conservation Mission” a grand success.
How To Get Good Returns on Your Investment Money
In most cases, doubling one’s investment or earning a satisfactory return is not all that difficult. Some options exist depending on the urgency with which you need something and your willingness to take risks. You don’t have to engage in risky ventures to earn a decent return on your money. If you are patient and not in a tremendous hurry, a well-balanced portfolio or one composed of extremely low-risk stocks or bonds can get the job done.
Methods For Maximizing Financial Gains
Most investors should be able to expect a positive return on their capital reasonably. It is not as scary as it sounds to a first-time investor. However, there are certain restrictions:
• Recognize and accept your risk tolerance. If you don’t have the stomach for volatility, finding out when the market drops 20% is the worst conceivable moment to make this discovery, and it might be disastrous for your finances.
• Don’t let fear and greed, these emotions that motivate most investors, cause you to make poor financial judgments.
• Avoid guaranteed programs that promise you rapid wealth with no effort at all costs. Always exercise caution when promised returns seem implausibly high; there are likely far more investment frauds than guaranteed investments. Always perform your due diligence to make sure you’re not being used as a pawn by anyone trying to make a buck off of you, whether it’s your brother-in-law, your broker, or a late-night infomercial.
The return on investment might be rather high if you choose the right path. To a great extent, your risk tolerance and desired return on investment will determine the strategy you select. To effectively double your investment, you should combine these tactics.
1. Traditional Method
Veteran investors may recall the iconic 1980s Smith Barney advertisements featuring British actor John Houseman’s recognizable accent as he explains that the firm “makes money the customary way—they earn it.”
The ad is not completely off base regarding the most common strategy for maximizing financial returns. A well-diversified portfolio of blue chip stocks and high-quality bonds is the tried-and-true method for doubling your money reasonably.
To Think in Opposite Directions
Even the most cautious investor understands the point when it’s time to purchase, and it’s not because everyone else is doing so. Similarly to how even the most popular sportsmen experience dry spells when their fan bases turn away, even the most successful businesses may see stock price declines that accelerate when investors lose faith. No one is saying that you should put your money into unreliable companies. The idea is that well-researched investors may profit when good stocks become oversold.
To be contrarian is to act in a way that is at odds with the consensus. As a result, you need to be comfortable with uncertainty and spend a lot of time investigating your options. It is not suggested that a cautious or novice investor use a contrarian approach.
3. Methods That Shouldn’t Put Anyone in Danger
Just as there are faster and slower methods to go the same distance, there are also faster and slower ways to get returns on your money. Bonds can provide a less thrilling route to the same endpoint for those who choose to play it safe.
Take, for example, zero-coupon bonds that might seem scary to those unfamiliar with them. In actuality, they’re straightforward to grasp. A discount bond is a bond purchased at a discount to its ultimate value at maturity rather than a coupon bond that pays interest payments periodically.
4. The Role of Conjecture
Some investors succeed with a calm and steady approach. Still, this strategy often causes others to fall asleep at the wheel. Options, leverage trading, penny stocks, and, more recently, cryptocurrency may be the fastest method for those with high-risk sufferance and some investing cash that they can afford to lose to increase their nest egg significantly. It is possible to reduce a nest egg by these methods rapidly.
Options on stocks in any corporation can be utilized for speculation. Options may significantly improve a portfolio’s performance for many investors. There are theoretically one hundred shares of the stock underlying each stock option. An investor may only need a modest stock price gain to score a home run. Make sure you exercise caution and read up on it thoroughly before giving it a go.
What’s the greatest strategy?
It all comes down to how comfortable you are with risk, how long you want to keep your money invested, and your tastes. Most people may achieve financial success by constructing a diverse portfolio of bonds and stocks. On the other hand, those with a greater tolerance for risk could like playing with more speculative assets, such as cryptocurrencies or small-cap stocks. Still, others would rather put their cash to work in the real estate market in the hopes of a quick return on their investment.
HOW TO IMPROVE EMPLOYEE ENGAGEMENT
Employee engagement refers to the level of interest and enthusiasm workers show toward their jobs. Participation from staff members is essential for gauging and sustaining an organization’s culture. Verify if workers are actively contributing or just punching the clock. Learn whether or not your company’s methods of team building and human resource management provide optimal business results. The right approach may strengthen your organization’s and its employees bonds.
How important is employee engagement?
Day in and day out, employees’ actions and choices affect their colleagues and the company. The way management and staff treat one another can significantly impact the decisions made by both parties, putting your business at risk. The question that leaders must explore is “how” employee engagement is crucial. If workers aren’t invested, their teams won’t be, and the company’s bottom line will suffer.
Ideas to enhance employee engagement
A relationship is a difficult thing to maintain. Participation from teams or employees alone will not alter an organization’s culture. The employee engagement indicator is useful for managers and teams to have honest and meaningful conversations about how to improve employee engagement. The framework offers various recommendations to aid in the team-building process.
1. Design jobs (and redesign)
Think about the job’s structure, the business problems it addresses, and the “right” amount of responsibility. Workplaces with employees who are bored or who lack sufficient challenges might consider a redesign.
We’re committed to our employees’ long-term success. Offer extra learning opportunities and projects, including weekly performance evaluations, corporate ladder climbing, and interdisciplinary skill development.
2. Help employees find purpose.
Help people make their own choices. The morale of an organization may be boosted by giving workers more autonomy in their work. Make it easy for workers to provide comments and do something with their input. Managers should discuss how workers have helped the firm achieve its goals.
Inspire your staff so that everyone has a chance to weigh in on a recent project or business meeting and ask for feedback. During video meetings, it’s a good idea to get feedback from new contributors when it’s easy to lose track of ideas.
3. Trust-building
Leaders may earn their employees’ trust by showing they’ve given thought to their concerns. When you show your employees that they are valuable by acts of service, community building, cooperative endeavors, and power distribution, you demonstrate that they are valuable to you. The same goes for advocating for workers, fixing team issues, and catering to employees’ specific wants and requirements. These actions, rather than words, establish long-lasting feelings of trust and security.
4. Supportive and informative feedback
Boost employee development by providing them with new opportunities and challenges. Ensure your employees are always learning and growing by giving them hard tasks. Staff development relies on consistent feedback. Motivate staff members often. You may express your appreciation to your remote or virtual personnel by sending them a message.
5. Holistically support workers
When employers show interest in their whole workers, those workers feel valued. Encourage strong leaders and make sure everyone understands what is expected of them. Invest in the well-being of your employees by providing them with events and benefits that address their physical health, mental health, financial security, and sense of job satisfaction. Acknowledge employees’ efforts and prod them to take a break and refuel.
6. Gamify work.
The fitness game apps are effective. Once you’ve walked 10,000 steps, you win a reward. You’ll benefit from an employee’s success in reaching their objectives and climbing the corporate ladder. Using gamification in the workplace can increase productivity and benefits employees’ health and well-being.
7. Reward workers
Recognize and reward employees, especially those who do very well. The goal is to acknowledge the efforts and achievements of the staff. Recognizing and rewarding employees’ efforts may boost morale and productivity.
8. Deepen your workers’ relationships
Keep in mind that all of an employee’s relationships are interdependent. It is demonstrated by COVID-19. Unexpectedly, there is a confluence of family, hobbies, and outside forces. To properly support their teams, managers should prioritize work-life balance.
Conclusion
There is sometimes a lack of cohesion across various company-wide involvement efforts. They will likely see participation more as retention than as recruitment. Or, they may be aware of the advantages of an interactive onboarding process but be unaware of the potential effects of involvement in performance reviews. Companies that care about their employees’ engagement take a different tack. They incorporate employee engagement into every facet of the employee experience, making each part stronger than it would be on its own.