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Scaling up your business
Random Dots – Connect yourself



                   Aji Issac
        Co-founder, CEO – Techshu.com

 “I can’t teach you anything today but you can learn a lot today” – Aji Issac
Can’t express the value of this pic!
#1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling

     Gyaan #1: Understand your Business
    • Product vs Service (Mix) (Product => Service,
      Service => Product) [Think again, again]
    • Your SWOT (Examples – Testimonial, relationship,
      money, knowledge, People etc etc etc)
    • Why you are in business? Just sake for it, you
      need to graduate and find the purpose.
        – Your need to understand Market
        – Resources (Money, People)
        – Path to Execution
#1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling

      Everlasting Gyaan #1.1: Core of it
    • What Value are you adding?
    • ROI for people investing in (Customers)
        – How can we improve ROI?
        – How can we increase visibility of ROI?
        – How can we improve relationship?

         Think again, every day, every week, every
        month, learn, Ask, Get Mentored … Get this
                 solved, rest can be fixed.
#1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling

        Everlasting Gyaan #1.2: Market
    •   Local, Current
    •   Long term
    •   Sustainability
    •   Competitors
    •   Think Logically, Ask, Read, Understand Market
    •   Document, cowork on document.
    •   Etc Etc



        “Managing to think business administration
               logically is MBA” – Aji Issac
#1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling

        Everlasting Gyaan #1.3: Resource
    •    What resources are needed
    •    How will you get it
    •    How will you retain it
    •    CUT the cost (Logical, I hardly bought clothes for last 3
         years, our tables are Rs 500, Plastic Chairs, Micromax
         zindabad) … CUT CUT CUT (But do invest, you will lose)


         “Going frugal initially is right MBA, Marwari
        Business Administration == Amazing Success” –
                            Aji Issac
#1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling

     Everlasting Gyaan #1.4: Execution
    • Bengal Execution
    • Process
    • Hard Work => Smart work + Hard work =>
      Smarter Work + Hard work (All at will and with
      passion)

      “Going frugal initially is right MBA, Marwari
     Business Administration == Amazing Success” –
                         Aji Issac
#1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling

         My Reality #1: About business
    • Focus is bogus – Don’t worry – Survival is everything.
        – Health, Family, Money, Reputation, Anger, Team
        – God (Be Merciful, Be Gracious)
    • Focus is essential and should be targeted, keep
      revisiting Focus Documents.
    • One year passes off in 4 months.
    • Short Term & Long Term
    • Stay along, believe, keep working and keep learning.
      Don’t waste your time. Just keep collecting dots (PPT
      making, relationships, reports) .. Later connect.
#1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling

                  Takeaway counter #1:
    • Documents use drop box
    • Perfection is not desired, Don’t waste your
      time on perfection (Think ROI) – 80-20 rule
    • Have Scoreboards as much as possible (We did
      spend a lot of time)
    • Do partnerships
    • Do give attention to detail (How I changed PPT
      and frustrated people and myself). Excellence
      is costly, people are not comfortable.
#1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling

               #2: Understand yourself
    • You are the Business for many months
    • Every person who takes up ownership is business,
      people deal with people not companies initially.
    • Develop yourself (You are not ___, qualities)
        –   Determination
        –   Flexibility
        –   Understanding business
        –   Understand marketing
        –   How to argue
        –   How to value, motivate people
        –   How to recruit.
#1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling

              Why do we Suck?




     “I still think why I was so stupid last year & it is happening for last many years” – Aji Issac
#1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling

  It’s ok to suck, we all will do, just keep
                 improving?




              “It’s ok to suck at times, its ok be human and imperfect” – Aji Issac
#1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling


    Wait! Do you really Suck & don’t know
    •   This is the horror part of it
    •   Killer issue here.
    •   People can’t teach you
    •   You don’t understand, you are too much on ego

    •   Don’t even know how to eat   valuable shit


        “Knowing what you don’t know is the greatest
                   knowing” – Aji Issac
#1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling

                   By Alok (Rodinhood)
    • Determination
    • Wanna be a start up CEO?
       Then learn to to board the Titanic AFTER the captain
       has left; sink with it; go and weld the big bloody hole;
       then go to the surface, fill your lungs, dive back into
       the ship and blow bubbles into the bulkhead. Now do
       this 1 trilion times. Die. Go to hell. Excuse yourself from
       the devil and come back. Blow 1 trillion bubbles again.
       Die. See the ship rise with your corpse on it.
       God will not want you even then, but the devil will give
       you another company to start
#1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling

                       Marketing/Sales
#1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling

                  Takeaway counter #2:
    • Read books (Its organized) – Jack Welch
      “Winning, Straight from Gut, Answers”, Execution
      (Ram Charan) … from people who have proved
      their worth not the best selling alone.
    • Don’t get confined to yourself. Go out, meet
      people “X Coffees with _____” (Balance sheet)
    • Make comfortable.
    • Cumulative respect.
    • Right Decision is over rated.
#1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling

        It’s different! A little different!
    • Having #1 & #2 in place helps you to go to #3.
    • Beyond You – Next Level
        – “Train the Trainers” for Service industry
    • Documents, Process, Programs
    • Right Valuation for yourself and your company …
      Don’t wait for perfection (Not sure)
    • Customers will be different, Selling will be
      different.
    • Risks will be bigger. (#2 is important)
    • Diversification … Busy CEO can be killing

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Aji Issac Mathew, TechShu - Scaling up your business - SS Kolkata, July 2012

  • 1. Scaling up your business Random Dots – Connect yourself Aji Issac Co-founder, CEO – Techshu.com “I can’t teach you anything today but you can learn a lot today” – Aji Issac
  • 2. Can’t express the value of this pic!
  • 3. #1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling Gyaan #1: Understand your Business • Product vs Service (Mix) (Product => Service, Service => Product) [Think again, again] • Your SWOT (Examples – Testimonial, relationship, money, knowledge, People etc etc etc) • Why you are in business? Just sake for it, you need to graduate and find the purpose. – Your need to understand Market – Resources (Money, People) – Path to Execution
  • 4. #1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling Everlasting Gyaan #1.1: Core of it • What Value are you adding? • ROI for people investing in (Customers) – How can we improve ROI? – How can we increase visibility of ROI? – How can we improve relationship? Think again, every day, every week, every month, learn, Ask, Get Mentored … Get this solved, rest can be fixed.
  • 5. #1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling Everlasting Gyaan #1.2: Market • Local, Current • Long term • Sustainability • Competitors • Think Logically, Ask, Read, Understand Market • Document, cowork on document. • Etc Etc “Managing to think business administration logically is MBA” – Aji Issac
  • 6. #1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling Everlasting Gyaan #1.3: Resource • What resources are needed • How will you get it • How will you retain it • CUT the cost (Logical, I hardly bought clothes for last 3 years, our tables are Rs 500, Plastic Chairs, Micromax zindabad) … CUT CUT CUT (But do invest, you will lose) “Going frugal initially is right MBA, Marwari Business Administration == Amazing Success” – Aji Issac
  • 7. #1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling Everlasting Gyaan #1.4: Execution • Bengal Execution • Process • Hard Work => Smart work + Hard work => Smarter Work + Hard work (All at will and with passion) “Going frugal initially is right MBA, Marwari Business Administration == Amazing Success” – Aji Issac
  • 8. #1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling My Reality #1: About business • Focus is bogus – Don’t worry – Survival is everything. – Health, Family, Money, Reputation, Anger, Team – God (Be Merciful, Be Gracious) • Focus is essential and should be targeted, keep revisiting Focus Documents. • One year passes off in 4 months. • Short Term & Long Term • Stay along, believe, keep working and keep learning. Don’t waste your time. Just keep collecting dots (PPT making, relationships, reports) .. Later connect.
  • 9. #1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling Takeaway counter #1: • Documents use drop box • Perfection is not desired, Don’t waste your time on perfection (Think ROI) – 80-20 rule • Have Scoreboards as much as possible (We did spend a lot of time) • Do partnerships • Do give attention to detail (How I changed PPT and frustrated people and myself). Excellence is costly, people are not comfortable.
  • 10. #1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling #2: Understand yourself • You are the Business for many months • Every person who takes up ownership is business, people deal with people not companies initially. • Develop yourself (You are not ___, qualities) – Determination – Flexibility – Understanding business – Understand marketing – How to argue – How to value, motivate people – How to recruit.
  • 11. #1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling Why do we Suck? “I still think why I was so stupid last year & it is happening for last many years” – Aji Issac
  • 12. #1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling It’s ok to suck, we all will do, just keep improving? “It’s ok to suck at times, its ok be human and imperfect” – Aji Issac
  • 13. #1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling Wait! Do you really Suck & don’t know • This is the horror part of it • Killer issue here. • People can’t teach you • You don’t understand, you are too much on ego • Don’t even know how to eat valuable shit “Knowing what you don’t know is the greatest knowing” – Aji Issac
  • 14. #1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling By Alok (Rodinhood) • Determination • Wanna be a start up CEO? Then learn to to board the Titanic AFTER the captain has left; sink with it; go and weld the big bloody hole; then go to the surface, fill your lungs, dive back into the ship and blow bubbles into the bulkhead. Now do this 1 trilion times. Die. Go to hell. Excuse yourself from the devil and come back. Blow 1 trillion bubbles again. Die. See the ship rise with your corpse on it. God will not want you even then, but the devil will give you another company to start
  • 15. #1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling Marketing/Sales
  • 16. #1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling Takeaway counter #2: • Read books (Its organized) – Jack Welch “Winning, Straight from Gut, Answers”, Execution (Ram Charan) … from people who have proved their worth not the best selling alone. • Don’t get confined to yourself. Go out, meet people “X Coffees with _____” (Balance sheet) • Make comfortable. • Cumulative respect. • Right Decision is over rated.
  • 17. #1: Understanding Business #2: Understanding Yourself #3: Understanding Scaling It’s different! A little different! • Having #1 & #2 in place helps you to go to #3. • Beyond You – Next Level – “Train the Trainers” for Service industry • Documents, Process, Programs • Right Valuation for yourself and your company … Don’t wait for perfection (Not sure) • Customers will be different, Selling will be different. • Risks will be bigger. (#2 is important) • Diversification … Busy CEO can be killing