Starting a Business-Is it really tough?

“Obstacles are things a person sees when he takes his eyes off his goal.”

“A leader is one who knows the way, goes the way, and shows the way.”

A business leader is the person who performs planning, organizing, directing, staffing, controlling and co-ordinates the people in the organization. Confuuuuussssseeeedd????!!!!!!

Hi!! friends. Im sorry that i couldn't  post in the blog for few days. At last im happy that im back with a good concept. These days i was being posting about some companies and personalities. Suddenly i got one doubt that 
why was im being posting about other companies??????

Why shouldn't we own one company??????

Can't we start one company??????

Is it a really tough task??????????????????????

                           These are the questions raised on my mind. 

Then i started surfing the net. I just shocked by seeing the fact that ''Estimates vary, but generally more than 600,000 businesses are started each year in the United States''

Isn't it the shocking fact? 

Yeah it is. Because in India we people feels that the starting of company is a tough task. There are many reasons like corruption, refuse from people, bribery, political instability.......... By keeping all these aside, the thing is that the people are not motivated yet towards the business. But after seeing the fact i got some confidence that it is not that much of difficult task. 

Then i continued my surfing with much confidence like this....................................

Many people believe starting a business is a mysterious process. They know they want to start a business, but they don't know the first steps to take. In this you're going to find out how to get an idea for a business--how you figure out exactly what it is you want to do and then how to take action on it.

But before we get started, let's clear up one point: People always wonder if this is a good time to start their business idea. The fact is, there's really never a bad time to launch a business. It's obvious why it's smart to launch in strong economic times. People have money and are looking for ways to spend it. But launching in tough or uncertain economic times can be just as smart. There is nothing to shock with this sentence because if you have started the business in hard times then you gonna rock the name of the company.!!!!!!(who is the Idiot he is told like this- r u thinking like this about me??)) may be you are thinking but i can support my answer. 

your new business has a better chance of getting noticed. And, depending on your idea, in a down economy there is often equipment (or even entire businesses!) for sale at bargain prices. You are going to gain more with the situations. Now i have supported my answer.

 Everyone has his or her own roadblock, something that prevents them from taking that crucial first step. Most people are afraid to start; they may fear the unknown or failure, or even success. Others find starting something overwhelming in the mistaken belief they have to start from scratch. They think they have to come up with something that no one has ever done before--a new invention, a unique service. In other words, they think they have to reinvent the wheel.

But unless you're a technological genius--another Bill Gates or Steve Jobs--trying to reinvent the wheel is a big waste of time. For most people starting a business, the issue should not be coming up with something so unique that no one has ever heard of it but instead answering the questions: "How can I improve on this?" or "Can I do this better or differently from the other guy doing it over there?" Or simply, "Is there market share

not being served that makes room for another business in this category?"

Get the Juices Flowing

How do you start the idea process? First, take out a sheet of paper and across the top write "Things About Me." List five to seven things about yourself--things you like to do or that you're really good at, personal things (we'll get to your work life in a minute). Your list might include: "I'm really good with people, I love kids, I love to read, I love computers, I love numbers, I'm good at coming up with marketing concepts, I'm a problem solver." Just write down whatever comes to your mind; it doesn't need to make sense. Once you have your list, number the items down one side of the paper.

Ill try this friends. Then i could be a perfect innovative of something. Let you try once friends.

On the other side of the paper, list things that you don't think you're good at or you don't like to do. Maybe you're really good at marketing concepts, but you don't like to meet people or you're really not that fond of kids or you don't like to do public speaking or you don't want to travel. Don't overthink it; just write down your thoughts. When you're finished, ask yourself: "If there were three to five products or services that would make my personal life better, what would they be?" This is your personal life as a man, woman, father, husband, mother, wife, parent, grandparent--whatever your situation may be. Determine what products or services would make your life easier or happier, make you more productive or efficient, or simply give you more time.

Is it typical to understand? That what i want to say is to read careful dudes. Small care in the reading takes you to higher levels. 

Next, ask yourself the same question about your business life. Examine what you like and dislike about your work life as well as what traits people like and dislike about you. Finally, ask yourself why you're seeking to start a business in the first place. Then, when you're done, look for a pattern to emerge (i.e., whether there's a need for a business doing one of the things you like or are good at).

 Inspiring Moments

Getting an idea can be as simple as keeping your eyes peeled for the latest hot businesses; they crop up all the time. Many local entrepreneurs made tons of money bringing the Starbucks coffeehouse concept to their hometowns and then expanding from there. Take Minneapolis-based Caribou Coffee. The founders had what they describe as an "aha moment" in 1990, and two years later launched what is now the nation's second-largest company-owned gourmet coffeehouse chain. Other coffee entrepreneurs have chosen to stay local.

And don't overlook the tried and true. Hot businesses often go through cycles. Take gardening. For the last few years gardening products and supplies have been all the rage, but you wouldn't consider gardening a 21st century business.

In other words, you can take any idea and customize it to the times and your community. Add your own creativity to any concept. In fact, customizing a concept isn't a choice; it's a necessity if you want your business to be successful. You can't just take an idea, plop it down and say "OK, this is it." Outside of a McDonald's, Subway or other major franchise concept, there are very few businesses that work with a one-size-fits-all approach.

One of the best ways to determine whether your idea will succeed in your community is to talk to people you know. If it's a business idea, talk to co-workers and colleagues. Run personal ideas by your family or neighbors. Don't be afraid of people stealing your idea. It's just not likely. Just discuss the general concept; you don't need to spill all the details.

Hey friends i want to say here is that the business organisation takes at-least 8 years to run in profits. If you can stay still you can try to survive then the next step is success.

Till now i provided the matter about the inspiration to the business. Even i was impressed with the article. Then after i continued browsing about the tips. Then i got some of them. They are

Just Do It!
Hopefully by now, the process of determining what business is right for you has at least been somewhat demystified. Understand that business startup

isn't rocket science. No, it isn't easy to begin a business, but it's not as complicated or as scary as many people think, either. It's a step-by-step, common-sense procedure. So take it a step at a time.First step: Figure out what you want to do. Once you have the idea, talk to people to find out what they think. Ask "Would you buy and/or use this, and how much would you pay?"

Understand that many people around you won't encourage you (some will even discourage you) to pursue your entrepreneurial journey. Some will tell you they have your best interests at heart; they just want you to see the reality of the situation. Some will envy your courage; others will resent you for having the guts to actually do something. You can't allow these naysayers to dissuade you, to stop your journey before it even begins.

In fact, once you get an idea for a business, what's the most important trait you need as an entrepreneur? Perseverance. When you set out to launch your business, you'll be told "no" more times than you've ever been told before. You can't take it personally; you've got to get beyond the "no" and move on to the next person--because eventually, you're going to get to a "yes."

One of the most common warnings you'll hear is about the risk. Everyone will tell you it's risky to start your own business. Sure, starting a business is risky, but what in life isn't? Plus, there's a difference between foolish risks and calculated ones. If you carefully consider what you're doing, get help when you need it, and never stop asking questions, you can mitigate your risk.

You can't allow the specter of risk to stop you from going forward. Ask yourself "What am I really risking?" And assess the risk. What are you giving up? What will you lose if things don't work out? Don't risk what you can't afford. Don't risk your home, your family or your health. Ask yourself "If this doesn't work, will I be worse off than I am now?" If all you have to lose is some time, energy and money, then the risk is likely worth it.

Determining what you want to do is only the first step. You've still got a lot of homework to do, a lot of research in front of you. Buying this book is a smart first step. Most important: Do something. Don't sit back year after year and say "This is the year I'm going to start my business." Make this the year you really do it!

Ten steps to good start of the Business:

 1) Do what you love.
You're going to devote a lot of time and energy to starting a business and building it into a successful enterprise, so it's really important that you truly deeply enjoy what you do, whether it be running fishing charters, creating pottery or providing financial advice.

2) Start your business while you're still employed.
How long can most people live without money? Not long. And it may be a long time before your new business actually makes any profits. Being employed while you're starting a business means money in your pocket while you're going through the starting a business process.

3) Don't do it alone.
You need a support system while you're starting a business (and afterwards). A family member or friend that you can bounce ideas off and who will listen sympathetically to the latest business start up crisis is invaluable. Even better, find a mentor or, if you qualify, apply for a business start up program such as The Self-Employment Program. When you're starting a business experienced guidance is the best support sytem of all.

4) Get clients or customers first.
Don't wait until you've offically started your business to line these up, because your business can't survive without them. Do the networking. Make the contacts. Sell or even give away your products or services. You can't start marketing too soon. (See Attracting New Business on a Shoestring Budget and Just Do These Two Things to Get More Clients for tips.)

5) Write a business plan.
The main reason for doing a business plan first when you're thinking of starting a business is that it can help you avoid sinking your time and money into starting a business that will not succeed. (See Why You Need A Business Plan for other good reasons.)

Remember, you don't have to work through a full scale business plan for each new business idea you come up with; my Quick-Start Business Plan, for instance, will let you test the potential of your business idea much more quickly.

6) Do the research.
You'll do a lot of research writing a business plan, but that's just a start. When you're starting a business, you need to become an expert on your industry, products and services, if you're not already. Joining related industry or professional associations before you start your business is a great idea.

7) Get professional help.
On the other hand, just because you're starting a business, doesn't mean you have to be an expert on everything. If you're not an accountant or bookkeeper, hire one (or both).(These Tips for Finding a Good Accountant may be useful.) If you need to write up a contract, and you're not a lawyer, hire one. You will waste more time and possibly money in the long run trying to do things yourself that you are not qualifed to do.

8) Get the money lined up.
Save up if you have to. Approach potential investors and lenders. Figure our your financial fall-back plan. Don't expect to start a business and then walk into a bank and get money. Traditional lenders don't like new ideas and don't like businesses without proven track records.

9) Be professional from the get-go.
Everything about you and the way you do business needs to let people know that you are a professional running a serious business. That means getting all the accoutrements such as professional business cards, a business phone and a business email address, and treating people in a professional, courteous manner.

10) Get the legal and tax issues right the first time.
It's much more difficult and expensive to unsnarl a mess afterwards. Does your business need to be registered? Will you have to charge GST or PST? Will you have to have Workers' Compensation Insurance or deal with payroll taxes? How will the form of business you choose affect your income tax situation? Learn what your legal and tax responsibilities are before you start your business and operate accordingly.

Following the advice on starting a business above will make starting a business both a smoother, less stressful process and go a long way towards ensuring the busines you start lasts and thrives.

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So friends i hope you got something to mind. I just wanted to say is that think differently friends. Then it is surely going to help you in the development of your personality. I just wanted to say is think of yourself at-least for an hour of 24 hours of the day. Our India future is in our hands. We should hold this opportunity. To hold opportunity we should do the things which helps to the development of the country. We are now observing to how much politics are corrupted. We should brought our country back to the hands of people. This is only possible by our innovative ideas. Then we are surely gonna save our country. Let every one of us do the work which make our country feels proud. Im not diversifying topic. 

One of my sirs told that ''Can't you survive with basic amount which we need and degree certificate in your hands. So try to start business and bare the risk. If you loose then survive with that degree and basic amount which you have.''

By listening to this what i personally felt is that we can survive at any cost. So try it once.

Robin Sharma in his book  "Daily Inspirations'' says that looking safe side is the worst way which will not allow people to develop in their lives. So try different things.

Keep smiling friends. Do good, Be good and Think good. Love you all guys. 

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                                                                                           Koundinya......

Mark Zuckerberg- Founder of Facebook

Hi!!! friends you all are busy with exams. So all the best to you all. I hope you all are gonna write your exams with much confident. 

Yeah coming 'to the point', these days we all are enjoying the Facebook services. But do you know the history of the Facebook? It was founded by Mark Zuckerberg, Dustin Moskovitz, Eduardo Saverin, and Chris Hughes while attending Harvard. But the real cause of by whom Facebook was born is because of Mark Zuckerberg. He played a crucial role while compared to others. 

So if we enter into the details, first let us know about Facebook. Hey friends if you all are felt difficult then my advice is to watch 'The Social Network'.

Facebook:

Facebook is a social network service and website launched in February 2004 that is operated and privately owned by Facebook, Inc.^[1] As of July 2010 Facebook has more than 500 million active users,^{[6][7][N 1]}colloquial name for the book given to students at the start of the academic year by university administrations in the US with the intention of helping students to get to know each other better. Facebook allows anyone who declares themselves to be at least 13 years old to become a registered user of the website.^[update] Users may create a personal profile, add other users as friends and exchange messages, including automatic notifications when they update their profile. Additionally, users may join common interest user groups, organized by workplace, school, or college, or other characteristics. The name of the service stems from the

Facebook was founded by Mark Zuckerberg with his college roommates and fellow computer science students Eduardo Saverin, Dustin Moskovitz and Chris Hughes.^[8] The website's membership was initially limited by the founders to Harvard students, but was expanded to other colleges in the Boston area, the Ivy League, and Stanford University. It gradually added support for students at various other universities before opening to high school students, and, finally, to anyone aged 13 and over.

A January 2009 Compete.com study ranked Facebook as the most used social network by worldwide monthly active users, followed by MySpace.Entertainment Weekly put it on its end-of-the-decade "best-of" list, saying, "How on earth did we stalk our exes, remember our co-workers' birthdays, bug our friends, and play a rousing game of Scrabulous before Facebook?"Quantcast estimates Facebook has 135.1 million monthly unique U.S. 

Mark Zuckerberg wrote Facemash, the predecessor to Facebook, on October 28, 2003, while attending Harvard as a sophomore. The site represented a Harvard University version of Hot or Not, and according to The Harvard Crimson, Facemash "used photos compiled from the online facebooks of nine Houses, placing two next to each other at a time and asking users to choose the 'hotter' person".^[13]

Mark ZuckerbergHarvard dorm room. co-created Facebook in his

To accomplish this, Zuckerberg hacked into the protected areas of Harvard's computer network, and copied the houses' private dormitory ID images. Harvard at that time did not have a student directory with photos and basic information, and Facemash attracted 450 visitors and 22,000 photo-views in its first four hours online. That the initial site mirrored people's physical community—with their real identities—represented the key aspects of what later became Facebook.

 Like this the company began its operations.

Mark Elliot "Zuck" Zuckerberg (born May 14, 1984) is an American entrepreneur who co-founded the social networking site Facebook. Zuckerberg co-founded Facebook with fellow classmates Dustin Moskovitz, Eduardo Saverin, and Chris Hughes while attending Harvard. As of 2010, he was a 24% shareholder of Facebook.^[update]

Zuckerberg was born in White Plains, New York to Karen, a psychiatrist, and Edward, a dentist.^[1] Mark and three sisters, Randi, Donna, and Arielle, were brought up in Dobbs Ferry, New York.^[1] Zuckerberg was raised Jewish, including having had a Bar Mitzvah when he turned 13,^[4][5] although, as an adult, he describes himself as an atheist.^[5][6]

Zuckerberg started programming when he was in middle school. His father taught him Atari BASIC Programming in the 1990s, and then software developer David Newman was hired as his tutor in about 1995. Zuckerberg also took a graduate course in the subject at Mercy College near his home in the mid-1990s.^[1]Risk. He enjoyed developing computer programs, especially communication tools and games. He also designed and programmed a computer application system to help the workers in his father's office communicate; he built a version of the game

At Ardsley High School he had excelled in the classics before in his junior year transferring to Phillips Exeter Academy, where Zuckerberg won prizes in science (math, astronomy and physics) and Classical studies (on his college application, Zuckeberg listed as non-English languages he could read and write: French, Hebrew, Latin, and ancient Greek) and was captain of the fencing team.^[7][8][9] During Zuckerberg's high school years, under the company name Intelligent Media Group, he built a music player named the Synapse Media Player that used artificial intelligence to learn the user's listening habits, which was posted to Slashdot^[10] and received a rating of 3 out of 5 from PC Magazine.^[11] Microsoft and AOL tried to purchase Synapse and recruit Zuckerberg, but he instead went to Harvard College in September 2002 where he studied computer science and psychology and joined Alpha Epsilon Pi, a Jewish fraternity.^[1][12][13] In college, he was known for reciting lines from epic poems such as The Iliad.

In 2010, Stephen Levy, who authored the 1984 book Hackers: Heroes of the Computer Revolution, wrote that Zuckerberg "clearly thinks of himself as a hacker."^[16] Zuckerberg said that "it's OK to break things" "to make them better."^[16][17] Facebook instituted "hackathons" held every six to eight weeks where participants would have one night to conceive of and complete a project.^[16] The company provided music, food, and beer at the hackathons, and many Facebook staff members, including Zuckerberg, regularly attended.^[17] "The idea is that you can build something really good in a night,” Zuckerberg told Levy. "And that’s part of the personality of Facebook now ... It’s definitely very core to my personality."^[16]

On Zuckerberg's Facebook page, he listed his personal interests as "openness, making things that help people connect and share what's important to them, revolutions, information flow, minimalism." ^[18]

Vanity Fair magazine named Zuckerberg number 1 on its 2010 list of the Top 100 "most influential people of the Information Age".^[19] Zuckerberg ranked number 23 on the Vanity Fair 100 list in 2009.^[20] In 2010, Zuckerberg was chosen as number 16 in New Statesman's annual survey of the world's 50 most influential figures.^[21]

Zuckerberg sees blue best because of red–green colorblindness; blue is also Facebook's dominant color.

Friends you are feeling bore?? If you are not okay with the link then i sincerely advice to watch 'The Social Network'. It is a cool movie about Mark Zukerberg. I like him as an entrepreneur than founder of a company.
Comment on my post if any query friends. Love you all. Have a nice time.

Airtel spends 300 crores for brading & marketing new logo and services

Friends you all are busy with night-outs and time-outs because of your exams. All the best to you all friends. Now im here with a controversial topic. The topic is that Airtel spent 300crs for branding and marketing their services and logo.

Is it necessary to spend 300crs????!!

Go into the details i mean read the following post then you will come across to one extreme. 

How much importance does a logo or signature tune have for a brand? And that too for a brand that has established itself in the field of telecom , which is one of utmost competition with operators making a beeline for supremacy. Airtel which has established itself as one of the world leaders in mobile telephony has finally started showing the results of its Rs 300 cr spend for marketing, advertising and branding. The first to change are the logo and the signature tunes.

Airtel’s previous logo had both white and red colours interchangeably. The interesting part was that the word ‘Air’ was written in black with a white background while ‘Tel’ was written in white on a red background. Sometimes they also included their slogan “Express Yourself” with the logo. There were at least 7 variants of the logo based on the permutations and combinations.

But today the logo looks more like a curved ‘A’ with little bit of highlighting to indicate what they call dynamism and the warm and friendly appeal of Airtel. They have also said that it represents a dynamic force of energy which would bring the management and customers closer.

If this wasn’t enough, AR Rahman after his debacle with the CWG tune (though the remix was much better) comes back with a theme song having a younger and international feel to it. Their new commercial shows how a couple comes together due to the Airtel 3G technology which interestingly will be launched in India only by December.

So now that we have discussed the technical details, the biggest question is why did Airtel see the importance of such a move?

Airtel is offering services now in 19 Asian and African countries where truthfully speaking it has not yet reached leadership status though it’s there on that path. Through their rebranding and repositioning exercise, they aim to achieve an international appeal wherein customers not only in India but across the world recall their brand. With these points in mind, they seem to have embarked on this ambitious journey.

Does the move really work?

It’s a taken that wherever Airtel plans to expand around the globe, India will be its most important market. Would be interested to hear from you if anyone of you disagrees with that statement. Therefore the biggest move everyone was waiting for was their introduction of 3G services in India.

But instead Airtel came up with a complete rebranding exercise including a new logo, TV commercial and signature tune.

The previous logo was one of the most recognized logos in our country. Anyone and everyone be it from an illiterate person to a CEO knew that was Airtel. One of the reasons for it reaching somewhat of a generic brand status was its easily identifiable logo.

The previous signature tune of Airtel by AR Rahman is probably the most downloaded ringtone in the country at least. One thing about that tune was that it was instantly catchy when compared to the general trend related to AR Rahman tunes / songs. The new tune seems to have some words which I personally don’t seem to understand. It looks more peppy and international in its approach. But truth be told it DESTROYS the entire experience Airtel’s previous tune had set up.

The new commercials both talk about the 3G video calling experience and how it brings two love birds closer. But it’s still going to be a month before the 3G experience comes to India. Their previous ads were very inspirational or about bringing people together and included celebrities like Sachin, Shahrukh, Vidya Balan, Madhavan etc

Airtel new commercial add      http://www.youtube.com/watch?v=_BR0JB3z6gI&feature=player_embedded

Airtel old commercial add        http://www.youtube.com/watch?v=3wbm0dwxl0Y&feature=player_embedded

But we can not completely say that Airtel did the wrong thing because to become internationally strong it may changed everything like logo, tune ................. But they might have kept the old tune for the new changes also because it is the most popular tune for ringtones in India. 

Even their website which has been completely revamped is still working from an IP. Now that is really SAD!

Final Verdict

Poor attempt by Airtel to target the international audience. I wish instead they would have spent the 300 cr at improving their customer services and infrastructure. Everyone will still go for Airtel because they are still one of the best. But then today they majorly disappointed the country! It looks like in an attempt to please the international audience, they have forgotten about their home country itself!

This article is taken from http://trak.in/tags/business/2010/11/18/airtel-new-logo-tune-rebranding/

 So friends what do you say about this topic. Is it necessary to spend that much to improve. Think once friends they can improve service to the customers if they haven't spent
300crs for branding and marketing. That what i want to say friends. See you later. Once again All the best for your upcoming exams. Keep smiling. Love you all guys. Have a nice time. Thanks for visiting my blog regularly. Any queries then comment on my posts.

Hero Honda - Desh ki Dhadkan

Friends how are you all? Hope well guys. Hey friends i have been to Harry Potter and the deathly Hallows. Its really electrifying and astonishing. I enjoyed it very well guys. Thanks to David yates for presenting the film in such an interesting manner. 

Leave it guys. Im back here with some details about one company. It is one of the famous automobile company in India. These days i have been posting about some international companies but now im here to post about an indian company. The company is Hero Honda. If we go in to the details. Here they are......

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Hero Honda Motors Ltd. is the world's largest manufacturer of two – wheelers, based in India.

The company is a joint venture between India's Hero Group and Honda Motor Company, Japan that began in 1984.

In 2001, the company achieved the coveted position of being the largest two-wheeler manufacturing company in India and the ‘World No.1’ two-wheeler company in terms of unit volume sales in a calendar year by a single company. Hero Honda has retained that coveted position till date.

Today, every second motorcycle sold in the country is a Hero Honda bike. Every 30 seconds, someone in India buys Hero Honda's top-selling motorcycle – Splendor. 

It has been referred to as the world's biggest manufacturer of 2-wheeled motorized vehicles since 2001, when it produced 1.3 million motorbikes in a single year. During the fiscal year 2008-09, the company has sold 3.28 million bikes and the net profit of the company stood at 1,281.7 crore (US$ 290.95 million) up 32% from the previous fiscal year. The company's most popular model is the Hero Honda Splendor, which is the world's largest-selling motorcycle, selling more than one million units per  year. Hero Honda has been the largest two wheeler company in the world for nine consecutive years. The company had a market share of 41.35% in the year 2008-2009 and over a 25 year span it has crossed the 15 million unit milestone. Hero Honda sells more two wheelers than the second, third and fourth placed two-wheeler companies put together.

Company Profile

“Hero” is the brand name used by the Munjal brothers for their flagship company Hero Cycles Ltd. A joint venture between the Hero Group and Honda Motor Company was established in 1984 as the Hero Honda Motors Limited At Dharuhera India.

During the 1980s, the company introduced motorcycles that were popular in India for their fuel economy and low cost. A popular advertising campaign based on the slogan 'Fill it - Shut it - Forget it' that emphasised the motorcycle's fuel efficiency helped the company grow at a double-digit pace since inception.

Hero Honda has three manufacturing facilities based at Dharuhera and Gurgaon in HaryanaHaridwar in Uttarakhand. These plants together are capable of churning out 3.9 million bikes per year.Hero Honda's has a large sales and service network with over 3,000 dealerships and service points across India. Hero  and at

Honda's customer loyalty program,^{[clarification needed]} the Hero Honda Passport Program, claims to be one of the largest programs of its kind in the world with over 3 million members.

The 2006 Forbes 200 Most Respected companies list has Hero Honda Motors ranked at 108.

 

History

India became the second largest two wheeler manufacturer in the world and starting in the 1950s with the Automobile Products of India (API) that manufactured the Lambrettas and Bajaj Auto Ltd. with its association with Piaggio of Italy (manufacturer of Vespa scooters) as the largest manufacturers within the country.

The license raj that existed between the 1940s to 1980s in India did not allow foreign companies to enter the market and imports were tightly controlled. This regulatory maze, before the economic liberalization, made business easier for local players to have a seller’s market. Customers in India were forced to wait up to 12 years to buy a scooter from Bajaj. The CEO of Bajaj commented that he did not need a marketing department, only a dispatch department. By the year 1990, Bajaj had a waiting list that was twenty-six times its annual output for scooters.

The motorcycle segment had the same long wait times with three manufacturers: Royal Enfield, Ideal Jawa, and Escorts. Royal Enfield made a 350cc Bullet with the only four-stroke engine at that time and took the higher end of the market but there was little competition for their customers. Ideal Jawa and Escorts took the middle and lower end of the market respectively.

In the mid-1980s, the Indian government regulations changed and permitted foreign companies to enter the Indian market through minority joint ventures. The two-wheeler market changed with four Indo-Japanese joint ventures: Hero Honda, TVS Suzuki, Bajaj Kawasaki and Kinetic Motor Company (Kinetic Honda). The entry of these foreign companies changed the Indian market dynamics from the supply side to the demand side. With a larger selection of two-wheelers on the Indian market, consumers started to gain influence over the products they bought and raised higher customer expectations. The industry produced more models, styling options, prices, and different fuel efficiencies. The foreign companies new technologies helped make the products more reliable and with better quality. Indian companies had to change to keep up with their global counterparts.

 

Diversification

The Group Chairman, Mr. Brij Mohan Lall Munjal has actively looked at diversification. A considerable level of vertical integration in its manufacturing activities has been present in the Group's growth and led to the establishment of the Hero Cycles Cold Rolling Division, Munjal and Sunbeam Castings, Munjal Auto Components and Munjal Showa Limited amongst other component-manufacturing units.

Expansion into the automotive segment started with the setting up of Majestic Auto Limited, where the first moped designed entirely in India, Hero Majestic, went into commercial production in 1978. Hero Motors, in collaboration with Steyr Daimler Puch of Austria introduced the which introduced another moped, the Hero Puch, in 1980. Hero Honda Motors was established in 1984 to manufacture 100 cc motorcycles.

The Hero Group also plans to expand into other segments like exports, financial services, information technology, insurance and telecommunication.

 
Vision
The Hero Honda story began with a simple vision – the vision of a mobile and an empowered India, powered by Hero Honda. This vision was driven by Hero Honda’s commitment to customer, quality and excellence, and while doing so, maintaining the highest standards of ethics and societal responsibilities. Hero Honda believes that the fastest way to turn that dream into a reality is by remaining focused on that vision.

Brand   

The company has been continuously investing in brand building utilizing not only the new product launch and new campaign launch opportunities but also through innovative marketing initiatives revolving around cricket, entertainment and ground- level activation.

Hero Honda has been actively promoting various sports such as hockey, cricket and golf. Hero Honda was the title sponsor of the Hero Honda FIH Hockey World Cup that was played in Delhi during Feb-March 2010. Hero Honda also partners the Commonwealth Games Delhi 2010.

2009-10 Performance
Total unit sales of 46,00,130 two-wheelers, growth of 23.6 per cent
Total net operating income of Rs. 15860.51 Crores, growth of 28.1 per cent
Net profit after tax at Rs. 2231.83 Crores, growth of 74.1 per cent
Final dividend of 1500% or Rs. 30 per share on face value of each share of Rs. 2
EBIDTA margin for the year 17.4 per cent
EPS of Rs. 111.77, growth of 74.1 per cent

Hero Honda Motors Ltd.

Type	Public company BSE:HEROHONDA M
Industry	Automotive
Founded	January 19, 1984 in Gurgaon, Haryana, India
Headquarters	New Delhi, India
Key people	Brijmohan Lal Munjal (chair and founder) Toshiaki Nakagawa (joint managing director) Pawan Munjal (Managing Director & CEO)[1]
Products	Motorcycles, Scooters
Revenue	U$ 2.8 billion[citation needed]
Website	www.Herohonda.com

So friends i hope you will like this. Enjoy well guys. Comment on my post which you need to get details. Ill be on work. Thanks for visiting my blog friends. Keep smiling all friends. Love you all friends. Byeee.................. My advice is that you should watch Harry Potter atleast once.

Samsung - Born S.Korea became World's Largest Conglomerate

Friends yesterday was my b'day. I hope you all wished me. Thanks for wising me guys. But i didn't recognize any difference with normal day. I felt boredom up to 4:30 in the evening. At 4:30 my best friend Nani came to Anantapur from Bengaluru to meet  me. I spent the remaining time with him up to 9:30 pm. he presented me a photo frame gift. It was awesome but my best friend Sai sandeep gave a gift to me. It is very valuable gift. I haven't expect that type of gift from anyone in my life. You know what is the gift? It is a note book.What is special in it?? That note book is framed by our father of nation ''MAHATMA GANDHI's'' image. The note book contains 'A brief biography' of Gandhi at the starting. Every page in the note book has a proverb by Gandhi. Do you know why Sandeep gave me that? Because I like Gandhi very much than anyone. 

Ok leave it. Let us we come 'to the point'. Now i'm here to present some matter about Samsung Group.

SAMSUNG:

Samsung is the world's largest conglomerate born in South Korea and captured the world market. The Samsung Group (Korean: 삼성그룹) is a multinational conglomerate corporation headquartered in Samsung Town, Seoul, South Korea. It is South Korea's largest chaebol and the world's largest conglomerate by revenue. The Samsung Group comprises numerous international affiliated businesses, most of them united under the Samsung brand including Samsung Electronics, the world's largest technology company by sales. Samsung Heavy Industries, the world's second largest shipbuilder ,Samsung Engineering was ranked 35th, Samsung C&T 72nd in a 2009 ranking of 225 global construction firms compiled by the Engineering News-Record, a U.S. construction journal. Samsung Electronics ranked 35th in Fortune Global 500 2010. 

Samsung Group accounts for more than 20% of South Korea's total exports, and in many domestic industries, Samsung Group is the sole monopoly dominating a single market, its revenue as large as some countries' total GDP. In 2006, Samsung Group would have been the 35th largest economy in the world if ranked, larger than that of Argentina. The company has a powerful influence on the country's economic development, politics, media and culture, being a major driving force behind the Miracle on the Han River; many businesses today use its international success as a role model.

History:

In 1938, Lee Byung-chull (1910–1987) of the large landowning family in the Uiryeong county came to the nearby Daegu city and founded Samsung Sanghoe (삼성상회), a small trading company with forty employees located in Su-dong (now Ingyo-dong). It dealt in groceries produced in and around the city and produced noodles itself. The company prospered and Lee moved its head office to Seoul in 1947. When the Korean War broke out, however, he was forced to leave Seoul and started a sugar refinery in Busan as a name of Cheil Jedang. After the war, in 1954, Lee founded Cheil Mojik and built the plant in Chimsan-dong, Daegu. It was the largest woolen mill ever in the country and the company took on an aspect of a major company.

Samsung diversified into many areas and Lee sought to establish Samsung as an industry leader in a wide range of enterprises, moving into businesses such as insurance, securities, and retail.

In the late 1960s, Samsung Group began the electronics industry. It formed several electronics-related divisions, such as Samsung Electronics Devices Co., Samsung Electro-Mechanics Co., Samsung Corning Co., and Samsung Semiconductor & Telecommunications Co., and made the facility in Suwon. Its first product was a black-and-white television set. In 1980, the company acquired Hanguk Jeonja Tongsin in Gumi, and started to build telecommunication devices. Its early products were switchboards. The facility were developed into the telephone and fax manufacturing systems and became the centre of Samsung's mobile phone manufacturing. They have produced over 800 million mobile phones to date. The company grouped them together under Samsung Electronics Co., Ltd. in the 1980s.

In the late 1980s and early 1990s, Samsung Electronics invested heavily in research and development, investments that were pivotal in pushing the company to the forefront of the global electronics industry. In 1982, it built a television assembly plant in Portugal; in 1984, a plant in New York; in 1985, a plant in Tokyo; in 1987, a facility in England; and another facility in Austin in 1996. In total, Samsung has invested about $5.6 billion in the Austin location – by far the largest foreign investment in Texas and one of the largest single foreign investments in the United States. The new investment will bring the total Samsung investment in Austin to more than $9 billion.

Compared to other major Korean companies, Samsung survived the 1997 Asian financial crisis relatively unharmed. However, Samsung Motor was sold to Renault at a significant loss. As of 2010, Renault Samsung is 80.1 percent owned by Renault and 19.9 percent owned by Samsung. Additionally, Samsung manufactured a range of aircraft from the 1980s to 1990s. The company was founded in 1999 as Korea Aerospace Industries (KAI), the result of merger between then three domestic major aerospace divisions of Samsung Aerospace, Daewoo Heavy Industries, and Hyundai Space and Aircraft Company. However, Samsung still manufactures aircraft engines.

Group divisions

• Electronics Industries
• Financial Services
• Chemical Industries
• Machinery & Heavy Industries
• Engineering & Construction
• Retail & Entertainment
• Apparel & Advertisement
• Education & Medical Services
• Trading & Resource development
• Food supplier & security services

Notable Customers

• Royal Dutch Shell

Samsung Heavy Industries will be the sole provider of liquefied natural gas (LNG) storage facilities worth up to US$50 billion to Royal Dutch Shell for the next 15 years.

• The United Arab Emirates government

A consortium of South Korean firms - including Samsung, Korea Electric Power Corp and Hyundai - has won a deal worth 40 billion dollars to build nuclear power plants in the United Arab Emirates.

• The government of the Canadian province of Ontario

The government of the Canadian province of Ontario signed off one of the world's largest renewable energy projects, signing a $6.6bn deal that will result in 2,500MW of new wind and solar energy capacity being built. Under the agreement a consortium – led by Samsung and the Korea Electric Power Corporation – will manage the development of 2,000MW-worth of new wind farms and 500MW of solar capacity, while also building a manufacturing supply chain in the province.

Samsung's key clients (Q1 2010)
Rank/Company	Part Description	Buying (unit: trillion KRW)	Percent of total sales
1 Sony	DRAM, NAND Flash, LCD Panel, etc...	1.28	3.7
2 Apple Inc	AP(mobile processor),DRAM, NAND Flash, etc...	0.9	2.6
3 Dell	DRAM, Flat-Panels, Lithium-ion battery, etc...	0.87	2.5
4 HP	DRAM, Flat-Panels, Lithium-ion battery, etc...	0.76	2.2
5 Verizon Communications	Handsets, etc...	0.5	1.3
6 AT&T	Handsets, etc...	0.5	1.3

Samsung Medical Center

Samsung Medical Center, a nonprofit medical organization. Samsung Group sends around $100 million 'donation' to Medical Center annually. The Samsung Medical Center(Korean: 삼성의료원) is composed of Samsung Seoul Hospital (Korean: 삼성서울병원), Kangbook Samsung Hospital (Korean: 강북삼성병원), Samsung Changwon Hospital (Korean: 삼성창원병원), Samsung Cancer Center (Korean:삼성암센터) and Samsung Life Sciences Research Center (Korean: 삼성생명과학연구소). Samsung Cancer Center in Seoul, the largest cancer center in Asia-even bigger than Korea's National Cancer Center and Japan National Cancer Center. Samsung Medical Center and Pfizer to Conduct Joint Research to Identify Genomic Mechanisms Responsible for Clinical Outcomes in Hepatocellular Carcinoma.SMC is the first non-US organization to receive full AAHRPP (Association for the Accreditation of Human Research Protection Programs.)

Etymology and logo history

The meaning of the Korean hanja word Samsung (三星) is "tristar" or "three stars". The three represents big, many and powerful, star means eternity.(According to the Founder of Samsung Group).

The Samsung Byeolpyo noodles logo, used from late 1938 until replaced in 1950s.   The Samsung Group logo, used from late 1969 until replaced in 1979   The Samsung Group logo("three stars"), used from late 1980 until replaced in 1992   The Samsung Electronics logo, used from late 1980 until replaced in 1992   Samsung's current logo used since 1993.[41]

Samsung Group
Type	Public (Korean: 삼성그룹)
Industry	Conglomerate
Founded	1938
Founder(s)	Lee Byung-chul
Headquarters	Samsung Town, Seoul, South Korea
Area served	Worldwide
Key people	Lee Kun-hee (Chairman and CEO) Lee Soo-bin (President, CEO of Samsung Life Insurance)[1]
Products	List[show] Electronics Shipbuilder Financial Chemical Retail Entertainment Flash memory Aviation Optical storage Mobile phones Smartphones Hard disk drives
Revenue	US$ 173.4 billion (2008)[2]
Net income	US$ 10.7 billion (2008)[2]
Total assets	US$ 252.5 billion (2008)[2]
Total equity	US$ 90.5 billion (2008)[2]
Employees	276,000 (2008)[2]
Subsidiaries	Samsung Electronics Samsung Life Insurance Samsung Heavy Industries Samsung C&T etc.
Website	Samsung.com

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So friends I hope you have got an idea about Samsung group. Thanks for visiting my blog friends. Bye to all. Keep smiling and inspiration to others. Love you all guys.