Shankar Meembat

Entrepreneur and Business Leader

Entries Tagged ‘Business Plan’

Reward is proportional to Risk

No pain; no gain is another way of putting it. There are different ways of investing your money. Put it in a fixed deposit and you can be sure it is there pretty much intact always. Invest it into stocks, securities and the like; you can expect an increase in your wealth. But it can […]

Strategy is about what you don’t do

Continuing from my post on basic rules. Here’s something I have found people forget. Most of us have either worked on strategies or have been presented them. I am willing to bet that in the vast majority of cases, the strategy set out what and how something was going to be done. I’d challenge that. […]

Cofounder Myth

As I contemplate striking out and starting my own business, a common theme that keeps coming back to me is – “there is no such thing as a one man start-up”. I see the value in the argument. Even if I hold a Master’s degree in Engineering and have led a Product Development team for […]

What’s a plan worth ?

“A plan is only worth the paper it is written on” – that is a phrase I came across in an internal newsletter from our unit head. So not worth much, you would think. If you are like me, an action person who just wants to get things done, that statement would be very welcome. […]