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Understanding Startup Losses And Cash Burn

Wednesday 5 October 2016

“Cash burn” can be defined as the amount of money that is committed to be spent each month, irrespective of whether or not a business is generating any cash flows. For a pre-revenue startup, this would be equal to your total monthly costs and for a p

Can Modi Critics Offer Solutions Instead of Complaints?

Monday 3 October 2016

When the world heard about the unprecedented surgical strikes undertaken by India immediately after the dastardly Uri attack, the first people to congratulate the Armed Forces and the prime minister (in that order) were our patriotic apologists. The

Personnel Challenges Faced By A Startup

Sunday 2 October 2016

One of the biggest dilemmas I was faced with as I built Guardian was the need for good management people. Very early after starting up, I realised that talented personnel was not willing to join a startup company. I found it to be a huge challenge to

Why Founders Should Be Choosy When Selecting A Private Equity Investor

Wednesday 28 September 2016

Starting up is tough and it requires one key element to keep it going whether for operations or expansion: capital. So, a lot of founders would have raised money or are planning to raise money from a private equity investor to expand their business.

Why Donald Trump Should Be Elected President

Wednesday 28 September 2016

The subject of Trump vs Clinton never seems to have any ambivalence or any mild reactions, anywhere in the world. Almost no one I know supports Trump, though no one has ever given me a cogent explanation on why they maintain such anti-Trump views oth

Why Startup Operating Systems Crumble Under Pressure

Monday 26 September 2016

When rapid growth takes place in a young startup, pressure is on getting business and ramping up. During this critical stage, the weakest link is generally the systems that have been put in place to manage the growth. Most promoters and managers unde

Uri Attack – Repercussions and Beyond

Friday 23 September 2016

It has been 5 days since the URI attack shook the nation.

Millions of pages have been written about this and thousands of hours of air time have kept a nation glued to their TV sets taking in and interpreting the hundreds of expert opinions

Why Trump should be elected President

Friday 16 September 2016

The subject of Trump vs Clinton never seems to have any ambivalence or any mild reactions, anywhere in the World. Almost no one I know supports Trump though no one has ever given me a cogent explanation on why they maintain such anti-Trump views othe

Sorry Amitav Ghosh, you’ve got it all wrong

Thursday 15 September 2016

A rebuttal to the article written by Amitav Ghosh TOI – 30th November 2014 It has been 6 months since the Modi Sarkar assumed office on the promise of “achhe din” and it has been 6 months since the…

An Eye for an Eye, Ashutosh Garg

Thursday 15 September 2016

A compelling saga of friendship, revenge, avarice, politics and religion spanning 7 decades, the book traces the trials and tribulations of the progeny of two close friends—Chand Ram and Shujaat Khan. One is the scion of a wealthy and influential naw

Understanding, Appreciating and Enjoying your Whisky

Tuesday 13 September 2016

The love for whisky has remained constant and consistent over the decades and it is one of the fastest growing spirits in the world. Most nations brew some kind of alcohol but the whisky from only a few countries has now gained an international appea

Ageing and Retirement - Age is only a number

Thursday 5 November 2015

Ageing and Retirement Age is only a number In a country which is being spoken about as the “youngest” country in the world, where over 700 million of us are under the age of 30, we have an increasing number of people who are growing old as well. Just

The steps needed to be your own boss

Monday 2 November 2015

The steps needed to be your own boss “I want to be my own boss” is a thought that has definitely crossed the minds of most corporate managers at sometime in their careers. Yet most people hesitate to take this step for one reason or another. Giving u

Selecting a Private Equity Investor

Friday 9 October 2015

Selecting a Private Equity Investor A lot of businessmen would have raised money or are planning to raise money from a private equity investor to expand their business. I am giving below a list of points to watch out for as you go through the list of

Reboot Reinvent Rewire: Managing Retirement in the Twenty-First Century

Sunday 4 October 2015

Reboot Reinvent Rewire: Managing Retirement in the Twenty-First Century published by Harper Collins Today’s 60 is yesterday’s 40. So goes the saying these days. Yet, all of us have to retire one day from what we are doing today when we reach the chro

Lee Kuan Yew

Sunday 22 March 2015

Lee Kuan Yew As I read about Mr Lew Kuan Yew unwell and in hospital, fighting for his life and possibly looking at the final lap of his journey on this earth, I am motivated to pen down some thoughts of him. I am not a Singaporean and I don’t live in

A Case for FDI in Retail

Wednesday 10 December 2014

Just before the 2004 elections, the BJP manifesto had clearly stated that, if elected, they would support FDI in multi brand retail. On the other hand, the Congress was against it. Over the past decade, the stand of these parties has reversed. Over t

A retailer’s life is literally 24 X 7 X 365.

Friday 7 November 2014

It is therefore important to stay fit and healthy and to ensure that you and your family are protected in the unlikely event something goes wrong either in the business or in your health. One decision I took when I started Guardian was that I have to

Franchising Basics: Everything That Prospective Indian Franchisees Should Know

Thursday 6 November 2014

For most retail businesses, franchising offers an excellent opportunity to grow the brand across a large geographical territory very quickly. Opening up a company's systems and its heart to an individual, who wants to come on board primarily because

Building a Twitter follower base

Saturday 19 July 2014

Building a Twitter follower base Ashutosh Garg Everyone is talking about building a base of followers on Twitter, Facebook, LinkedIn and Instagram. There is absolutely no doubt in the fact that reaching out directly to a group of followers is the onl

The Buck Stops Here

Wednesday 4 June 2014

The Buck Stops Here “I want to be my own boss” is a thought that has definitely crossed the minds of most corporate managers at some time in their careers. This thought had often crossed my mind as well. It was in 2003 when I was 46 years old that I

The Buck Stops Here - The Learnings of a #Startup Entrepreneur by Ashutosh Garg - Extracts

Sunday 18 May 2014

Everyone has a story to tell. This is mine. Everyone’s life is full of unique experiences. Each one of us has faced joys and sorrows, pain and exhilaration, and has learned lessons in life.

My interview in Times of India, 12th May 2014

Monday 12 May 2014

Published by ashutoshgarg
Ashutosh Garg, an MBA has worked in the corporate sector for 25 years. He worked for ITC Limited for 17 years, leaving in 1995 as Managing Director of one of the ITC group companies, based in Singapore. Thereafter he spe

Why I support Modi? – Interesting piece I read – Author Unknown

Tuesday 22 April 2014

I have long believed that the greatest problem India faces is that it’s people don’t have a strong sense of pride. There is so much division among people on the lines of class, caste and religion that we neither have an affinity towards our fellow ci

How to Practice Cost Control in Start-Ups

Saturday 11 January 2014

It is very easy to spend money and commit additional costs for a startup. On the other hand it is very difficult to cut back these costs.

Looking To Raise PE Funding? Here’s What You Need To Know

Wednesday 1 January 2014

Once the entrepreneur has exhausted his funding sources he needs to turn towards raising equity from private equity players.

What You Must Do When Funding A Start-up

Monday 16 December 2013

Every start-up entrepreneur with a dream believes he has an excellent idea and raising money should not be a problem.

To Be Successful In A Business You Need To Be Transparent To Your Suppliers

Tuesday 3 December 2013

For a startup company that is growing its business aggressively cash flow is always tight and therefore prioritizing cash payments is necessary.

Asian Business Champions – Lufthansa

Thursday 7 November 2013

Published by ashutoshgarg
Ashutosh Garg, an MBA has worked in the corporate sector for 25 years. He worked for ITC Limited for 17 years, leaving in 1995 as Managing Director of one of the ITC group companies, based in Singapore. Thereafter he spe

Personnel Challenges Faced In A Start-up And How To Overcome Them

Thursday 7 November 2013

Personnel Challenges Faced In A Start-up And How To Overcome Them
Ashutosh Garg
One of the biggest dilemmas I was faced with as I built the company needed good management people but the good people were not willing to join a startup company.

The Corner Office – at No 1 at WH Smith, Delhi Airport

Wednesday 30 October 2013

Published by ashutoshgarg
Ashutosh Garg, an MBA has worked in the corporate sector for 25 years. He worked for ITC Limited for 17 years, leaving in 1995 as Managing Director of one of the ITC group companies, based in Singapore. Thereafter he spe

Startup Losses And Cash Burn. What’s The Difference?

Tuesday 29 October 2013

Startup Losses and Cash Burn
Ashutosh Garg
Every new business will lose new money. This has to be taken as a “given”. Making a planned loss is never a problem. Making an unplanned loss and then having to try and justify it is a huge problem.

Build an Organization with Integrity, Ethics and Honesty

Sunday 20 October 2013

Laying the foundation of an honest organization built with strong integrity and ethics is important to set the culture, direction and priorities for any new company.

The Corner Office – Continues to be in top 3 best sellers

Sunday 20 October 2013

Published by ashutoshgarg
Ashutosh Garg, an MBA has worked in the corporate sector for 25 years. He worked for ITC Limited for 17 years, leaving in 1995 as Managing Director of one of the ITC group companies, based in Singapore. Thereafter he spe

The Corner Office – Book Signing

Friday 18 October 2013

Published by ashutoshgarg
Ashutosh Garg, an MBA has worked in the corporate sector for 25 years. He worked for ITC Limited for 17 years, leaving in 1995 as Managing Director of one of the ITC group companies, based in Singapore. Thereafter he spe

Lufthansa – Asian Business Champions – Ashutosh Garg – 2011

Friday 18 October 2013

Published by ashutoshgarg
Ashutosh Garg, an MBA has worked in the corporate sector for 25 years. He worked for ITC Limited for 17 years, leaving in 1995 as Managing Director of one of the ITC group companies, based in Singapore. Thereafter he spe

The Corner Office – Currently at No 3 on the best seller list

Friday 18 October 2013

Published by ashutoshgarg
Ashutosh Garg, an MBA has worked in the corporate sector for 25 years. He worked for ITC Limited for 17 years, leaving in 1995 as Managing Director of one of the ITC group companies, based in Singapore. Thereafter he spe

Sourcing from China

Tuesday 15 October 2013

Over the last 10 years imports from China have grown over 400% and more and more Indian traders are rushing to but cheap and often poorly made products from the thousands of manufacturers in China. I first travelled to Beijing in 1989 and have travel

Omar Abdullah Speech at Ashutosh Garg’s Book Launch – The Buck Stops Here.3gp

Sunday 13 October 2013

Published by ashutoshgarg
Ashutosh Garg, an MBA has worked in the corporate sector for 25 years. He worked for ITC Limited for 17 years, leaving in 1995 as Managing Director of one of the ITC group companies, based in Singapore. Thereafter he spe

VCCircle Interview

Sunday 13 October 2013

I have sat on the boards of many companies and institutions and whenever we have been confronted by the need to take a quick decision and the board is not ready to take that decision, we have asked the management teams to conduct research to get more

India Inc – Ashutosh Garg, J J Valaya – II

Friday 11 October 2013

Published by ashutoshgarg
Ashutosh Garg, an MBA has worked in the corporate sector for 25 years. He worked for ITC Limited for 17 years, leaving in 1995 as Managing Director of one of the ITC group companies, based in Singapore. Thereafter he spe

Ashutosh Garg – Zee Business Interview – 13 Aug 13

Friday 11 October 2013

Published by ashutoshgarg
Ashutosh Garg, an MBA has worked in the corporate sector for 25 years. He worked for ITC Limited for 17 years, leaving in 1995 as Managing Director of one of the ITC group companies, based in Singapore. Thereafter he spe

The Medicine Buying Experience in India

Wednesday 9 October 2013

Most chemist shops in India are small, dusty, counter stores and the customer has to stand outside the shop at the counter in summer and winter. The stores selling medicines to cure the patients were completely unhygienic in their practices.

Who is an entrepreneur?

Wednesday 9 October 2013

So, just who is an entrepreneur?
In a broad overall sense an entrepreneur is a person who
Organises a business venture and assumes the risk for it.
Has looked at a problem and seen it as an opportunity or a likely prospect to start someth