Friendship is not about “I m sorry”  its about “abbe teri  galti hai”

Friendship is not about “I m there for u” or “I missed u”  it’s about “kahan marr gaya saale”

Friendship is not about “I understand”  its about “sab teri wajah se hua manhus”

Friendship is not about “I care for u”  its about “kamino tumhe chhod ke kahan jaunga”

Friendship is not about “I m happy for ur success “its about “chal party de saale”

Friendship is not about “I love that girl”  its about “saalo izzat se dekho tumhari bhabhi hain”

Friendship is not about “R u coming for outing tomorrow” its about “nautanki nahi, hum kal bahar ja rahe hai”

Friendship is not about “Get well soon” its about “Itna piyega toh yehi hoga”

Friendship is not about “All the best for ur career” its about “bahut hua, abhi toh switch maar saale”

Statistics for small business: 40% fail in 1 year. Of those who survive 1year, 80% fail in 5 years, and of those who survive 5 years, another 80% fail. In comparison to the dismal rate of ordinary small-business start-ups, 75% of franchises succeed at 5 years.

For turning businesses around, or getting them off the right foot,  look at franchises as a model. The reason they succeed is that they are set up so that any unskilled person off the street could walk in, buy a franchise, run all operations in the franchise, and have a fairly good chance of success. The product of franchise companies is a business model, not food, hotel rooms, etc. In order to meet this level of success, franchise companies have clear operations manuals, procedures, consistent sales approaches -every detail of running the business is specified down to dress codes and wall paper.

By asking us to consider the franchise approach, I am not saying to go out and buy a franchise license. Instead, imagine that you want to sell your business as a successful franchise within a finite period of time. If so, what will you need to do regarding your business plan and management in order to meet this goal? That is, if you were going to make your business fool-proof so that any unskilled person could take over as owner after a few years and succeed with it, what will you need to do?

1. What is the one big idea you want to leave with your audience? It should be short, memorable, and in subject-verb-object sequence.
2. Identify why you’re excited about this company/product/feature, etc.
3. Write out the three messages you want the audience to receive, and develop metaphors and analogies in support.
4. Include a demonstration if your product topic lends itself to such. (Eg. pull the product out of your pocket if it is ‘pocket-sized.’
5. Invite partners and customers to participate.
6. Include video clips if helpful, but limit to three minutes or less.
7. Answer the “Why should I care?” that’s in the audience’s mind. Have a passion for creating a better future.
8. Having an enemy (eg. IBM, Microsoft) helps visualize ‘the problem’ you’re solving.
9. Simplify your presentation (and products).
10. Make numbers meaningful – eg. “Stores 1,000 songs,” not “5 GB memory.”
11. Don’t use ‘bullet-point’ style visuals; instead, use short phrases that accompany your talk, or pictures.
12. Practice, practice, practice – and ask for feedback.

Ofcourse, Guy Kawasaki has said that …

How many times have you sat through a presentation where each slide has over 20 words in size 12 point and the presenter practically reads the words adding little to what is on the slide? Follow the 10-20-30 rule. 10 slides, 20 minutes, and size 30 font.

As parents understand that it’s not socially acceptable to spank children, they are at a loss for what they can do. They resort to reminding, nagging, timeout, counting 1-2-3 and quickly realize that those strategies don’t work to change behavior. In the absence of tools that really work, they feel frustrated and angry and raise their voice. They feel guilty afterward, and the whole cycle begins again.

Parental yelling today may be partly a releasing of stress for multitasking, overachieving adults ….Yelling is done when parents feel irritable and anxious.

People who yell at others — and especially parents who yell at children — reflect a complete inability to express themselves in any meaningful, thoughtful, useful or constructive way.

1. Do people know what is expected of them? Too often we assume people know their jobs. People may know the specifics, but often lack knowledge about how what they do helps the entire organization.

2. Do employees know what they can expect from you? It is important to let employees know that you as their manager are available to them.

3. Do employees know what is expected of each other? What matters most is that employees know who does what so work can be completed in a timely and responsible fashion.

Finance is a confidence game, literally. One group entrusts its money to another with confidence it will produce returns.

There are three ways to restore confidence: project it, act on it and believe in it. Projecting confidence can be easy. Just memorize a couple of key phrases and drop them into every conversation you have.

• “We’re in the middle of the largest legal wealth creation the world has ever known.”
• “Technology entrepreneurs have always led the way out of recession and into economic expansion.”
• “Funds invested during a downturn have historically had some of the most impressive returns.”
• “Innovation doesn’t wait for a macroeconomic turnaround.”
• “We’re going to let other people wring their hands about the “model” being broken. It’s working fine for us.”
• “Somebody’s going to build a dozen billion dollar companies this year and we want to be there when they do.”

Consumers spend almost as much on the extras as they do on the hardware

In 2008, people bought 89 cents’ worth of accessories for every $1 spent on PCs

Retailers are looking to cheaper laptops to entice customers to buy the external hard drives and bags that are three times as profitable as the computers

In this kind of environment, retailers are willing to go after just about any category that’s doing well. If it comes at the detriment of gross margin, so be it. Hopefully they can sell accessories and service plans.

Best Buy offers some bundled packages that combine a laptop with Geek Squad services, and it is testing an unlimited monthly service plan in the U.K. While hardware profit margins are shrinking as prices fall, margins on services will always be higher.

It’s like the movie theater: They don’t make money on the tickets; they make it on concessions.

“Services are the final frontier against margin erosion.”