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Showing posts from March, 2017

Vapourware and Pumpelsdrop

The entrepreneur life can get quite lonely. My views  come from my perspective as a newly minted learning consultant entrepreneur. There are times when the market doesnt care if you exist. And like any other entrepreneur, such times have to be navigated. Here is where the story of Pumpelsdrop (previous post) comes in . Suddenly, out of the blue, one gets a phone call. To make a proposal. For a company you have always wanted to work with or sounds too exciting to be true or some work which you have always wanted to do or a new opportunity to learn something. And then, the works begins in right earnest. There is a flurry of activity, a few phonecalls, data, research, books to be read and much reading about the current state of the company, industry, concept. It elevates the energy to a different level. Powerpoints are made. Structures are created. Frameworks are conceptualised. Meetings are arranged with alacrity. And with that last minute scramble, the said proposal is sent on ma

The man who saved Pumpelsdrop

This was a story we had in college if I am not mistaken. Perhaps it was in school, but a delightful story it was. The story goes somewhat like this ( reproduced from here ), but the college version we had was slightly different from this.  I t was a dull, gloomy and a depressing morning in a town named Pumpelsdrop in northern England. The Great Depression had brought all the businesses to a standstill. The bored automobile dealer was spending time alone, as usual. But, this seems to be an unusual morning as an odd entity (customer) appeared on the horizon. A man in a bright suit walks up to the dealer and says, "I need to buy a Rolls Royce Phantom II. We have a business conference coming up and I need to impress my customers". Then proceeds to pay 10% of the deal with a single check for 2000 pounds. The rest he says will pay when he takes the delivery.   The auto dealer was stunned. He was delighted to hear that someone is holding a business conference of some kind and

Steve Jobs Effect

Steve Jobs is perhaps the most quoted (or misquoted) person in business today. Perhaps even more than Peter Drucker and Warren Buffet. Every business presentation that you go through has some reference to Steve Jobs or other. Recently, I attended a program where almost all speakers quoted Steve Jobs. Now, dont get me wrong, there is nothing wrong in quoting a great man such as he. But the fact is, Steve Jobs was unique - there is exactly one person like him in the universe. Nobody else is even comparable. In terms of vision, execution, creative ability, ability to almost visualize the future and take the team there, talent, hard work. Therefore, using him as an example, will only get you so far, because you are talking outlier among outliers. When people quote Steve Jobs and point to him as an example, mostly they miss the hard work that went into making him the icon he is today. He failed and failed big. He took an immense amount of risk. He spent time on getting everything