From Start Up to IPO –Building a Successful

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This is one of the good books on successful business –based on theories that you would run the business without broken hearts and wastage of time.

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There are two types of entrepreneurs –the deliberate entrepreneurs and forced entrepreneurs. The deliberate entrepreneurs start a company because of passion and zeal; the forced entrepreneurs are those –who start company due to unemployment. The deliberate entrepreneurs make 5% of the start-ups and forced entrepreneurs are those who make 95%. We fall in the category of forced entrepreneurs.

The need for startup

You should –everyone in this world lives by selling something. Be it Goods or Services. If your customers are happy you will prosper, else you will perish.

You can learn all the tricks of business –by dummy run, or by attaching yourself with an entrepreneur in the same line of business.

Learning the tricks of Business

You should have knowledge of following things, before you launch the business:

Who could be your closest competitor Who could be your mightiest competitor What are the sales figures of other players What are their profit margin

Understanding the Contour

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Once you have taken the decision to launch the start-up, then the first thing you should do is to arrange the money –that too almost five times the amount –which is actually needed. Once you have money in hand –then start scouting for office or shop space. Outright purchase is needed –but if space is not available for purchase then thinks about renting it. Do not buy or rent –just keep it in mind.

Getting Mentally Prepared to Launch the Startup

You should always remember –when you start a business, your money may sink. You could never recover money or resort to unethical practices to extract money from your customers.

A case which happened with our client fabpanda.com –they were not funded by Venture Capital Firms. They were burning the owner’s money. They resorted to questionable tactics –like non-delivery of high-value goods to keep themselves afloat. Finally they faced couple of law suits and had to shut down their shop with millions in loss.

No Business is better than Bad Business

Read the case studies of popular businesses, read their marketing strategies, and analyze the modus-operandi. Think how you will get your first ten clients. These ten clients should be new and unique –do not break the clients of a dominant player, because they will laugh at you.

Getting into Nitty Gritty

Now comes the most important step of your business –registering your company. Register your company with the Registrar of Companies –with two directors, get a tax ID and open a bank account in the bank –which is closest to your garage.

Chapter Seven: Paperwork

The Founding Members are those –who sit in the board of company, and take decisions how to run the company. The minimum number of founding members needed is two, and the maximum number of them –whom you can keep on board is 20.

Getting the Founding Members

For a startup, there are three financial tables needed:

Startup Expense Operating Expense Break-Even Analysis

Preparing the Financials

I am biggest devout of Lord Shiva. Shiva means auspicious, pure, saumya, smooth. Lord Shiva is the biggest Management Guru ever born. He always has perfect plan –and works with clock-work precision. No one emulate him. Whereas I pick pieces from multiple sources to launch a grand assault. I have 25 sources of revenue and in worst case scenario too I make 17 grand per month working from home.

Getting the Seed Capital

From Start up to IPO –By Larry Samba at:

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