FIVE MINUTE MANAGEMENT COURSE
Readers Discretion Required. Do not read if you feel this as offending.
Lesson 1
A man is getting into the shower just as his wife is finishing up her shower, when the doorbell rings.
The wife quickly wraps herself in a towel and runs downstairs.
When she opens the door, there stands Bob, the next-door neighbour.
Before she says a word, Bob says, ‘I’ll give you $800 to drop that towel.’
After thinking for a moment, the woman drops her towel and stands naked in front of Bob, after a few seconds, Bob hands her $800 and leaves.
The woman wraps back up in the towel and goes back upstairs.
When she gets to the bathroom, her husband asks, ‘Who was that?’
‘It was Bob the next door neighbour,’ she replies.
‘Great,’ the husband says, ‘did he say anything about the $800 he owes me?’
Moral of the story
If you share critical information pertaining to credit and risk with your shareholders in time, you may be in a position to prevent avoidable exposure.
Five Indians among seven outsourcing billionaires: Forbes
New York, May 31 (IANS) In a clear indication that India dominates the outsourcing business in the world, a Forbes magazine survey says that five of the seven billionaires whose primary source of wealth is outsourcing are Indians.
Three of the five – N.R. Narayana Murthy, Nandan Nilekani and Senapathy Gopalakrishnan – are from Infosys Technologies. The others are Azim Premji of Wipro and Shiv Nadar of HCL Technologies.
A millionaire who lives in a hut!
A crorepati who lives in a hut!
His story is an inspiration for millions. A self-made entrepreneur, his mission is to help the poor through job creation. E Sarathbabu hit the headlines after he rejected several high profile job offers from various MNCs after he passed out of IIM, Ahmadabad two years ago.
The inspiring rags-to-riches tale of Sarathbabu
August 31, 2006
When 27-year old Sarathbabu graduated from the Indian Institute of Management, Ahmedabad, he created quite a stir by refusing a job that offered him a huge salary. He preferred to start his own enterprise — Foodking Catering Service — in Ahmedabad.
He was inspired by his mother who once sold idlis on the pavements of Chennai, to educate him and his siblings. It was a dream come true, when Infosys co-founder N R Narayana Murthy lit the traditional lamp and inaugurated Sarathbabu’s enterprise.
Sarathbabu was in Chennai, his hometown, a few days ago, to explore the possibility of starting a Foodking unit in the city and also to distribute the Ullas Trust Scholarships instituted by the IT firm Polaris to 2,000 poor students in corporation schools.
In this interview Sarathbabu describes his rise from a Chennai slum to his journey to the nation’s premier management institute to becoming a successful entrepreneur. This is his story, in his own words.