Saturday, May 18, 2019

HURRY UP!! Offer Closes in 30 days



HURRY UP!! Offer to close soon

The book "The Unexplored Goldmine - The opportunities in the revival of sick MSMEs" is going to be launched on 21st June 2019. The presale of the book ends on 17th June 2019. So, Hurry up! Avail the offer soon.

Further Details can be found at
Book Website: https://www.msmegoldmine.in/


The cost of the book is:
India:  Presale: Rs. 250*
    Sale: Rs. 350*
Rest of the World:  Presale: $5*
                 Sale: $7*
Shipping Charges will be added extra


You can order either from the Indiegogo page (https://igg.me/at/1Q0e5RFHQB4/x/21701654) or pay directly to
Name: Nilesh Desai
Bank: Andhra Bank
A/C No: 052610100120763
IFSC Code: ANDB0000526
And inform the same via WhatsApp (+919885326553) or mail to growthidealab@gmail.com.

Book Website: https://www.msmegoldmine.in/

Difference between Startups and MSMEs




It has been seen in the last couple of years that startups are being encouraged all over the world. Let us go into the difference between startups and MSME especially in their financial models.

Financial Model of MSMEs:

MSME as a thumb rule follow 3:1 debt to equity ratio. The existing system has led to over-invoicing in the past couple of years. Government incentives were used by many entrepreneurs to meet the debt: equity ratio.
This has led to the widespread problem of underperformance or sickness/weakness for the last few decades. RBI is trying to solve this by restructuring the debt side of the problem but it is only a short-term solution causing most of the units to become sick once again or die altogether.

Financial Model of Startups:

Most of the startup ideas are bootstrapped till there is a proof of concept or financed by angel investors. Series A, B, C, D, E and now F & G round of funding have come into play and every round valuation is going up and the entrepreneur goes on reducing his stake at every round.
With 90 – 95% failure rate, the angel investor loses equity along with the promoters.

So, there is a strong need to make some hybrid models between these two to infuse equity in sick/weak MSME.


Regards,
Nilesh Desai  
Director,
SMEA Analytics Pvt Ltd
Address: B-1, 1st Floor, Cooperative Industrial Estate, Balanagar, Hyderabad, Telangana 500037
M:9885326553



Friday, May 17, 2019

BOOK: "The Unexplored Goldmine - The opportunities in the revival of sick MSMEs"


Greetings!
This is Nilesh Desai, a veteran social entrepreneur passionately working on the revival of sick MSME units in India for the last 39 years.
There are around 6.3 crore MSME units currently operating in India of which 10% are sick. When MSME fails due to financial difficulty, it’s not only an economic loss for its owners but it also leads to the loss of employment of people working in it. 
Unemployment not only have an obvious economic impact, but it also creates greater skepticism and pessimism at individual level creating ‘erosion of skills’, increasing crime rates and ultimately resulting in social unrest and disgruntlement. Entrepreneurs’ suicides due to financial distress are reported to be higher than farmers. Unfortunately, this harsh truth often remains concealed and is never spoken of in the real world. 
I run Hyderabad based non-profit firm Growth Idea Labs, providing consultancy to MSMEs. also have established two companies SMEGIL & SMEA Analytics which is working on providing a fintech platform based on AI & MI giving an analysis of financial statements of MSMEs and guidance to optimize performance and cost, leading to an increase the average life of the MSME unit.
Now I am at that stage of life where I trying to give back to society. I am pretty sure I can create a great impact using my knowledge and experience and this is what drives my passion towards reviving sick MSMEs. I again believe my goal can affect thousands of lives in a positive way.
I am putting this culminated knowledge both at a personal and organizational level in this book, "The Unexplored Goldmine - The opportunities in the revival of sick MSMEs". The book will be a journey through case studies, and real-life stories of entrepreneurs who struggle to tackle difficult problems to keep their firms up and running. It would be a chance for social entrepreneurs to realize the opportunities that lie hidden in the revival of sick MSMEs. Additionally, the book will be an eye-opener to students who aspire to be entrepreneurs in the future, and also for stakeholders in the MSME sector.
I am also planning on sending copies of the book to all the colleges and institutes libraries as well as MSME institutes, associations.
We have also posted a campaign on Indiegogo regarding the same. The book "The Unexplored Goldmine - The opportunities in the revival of sick MSMEs" is going to be launched on 21st June 2019. The presale of the book ends on 17th June 2019. So, Hurry up! Avail the offer soon. The cost of the book is:

India:  Presale: Rs. 250*
Sale: Rs. 350*
Rest of the World:  Presale: $5*
Sale: $7*
Shipping Charges will be added extra
You can order either from the Indiegogo page: https://igg.me/at/1Q0e5RFHQB4/x/21701654
or pay directly to
Name: Nilesh Desai
Bank: Andhra Bank
A/C No: 052610100120763
IFSC Code: ANDB0000526
And inform the same via WhatsApp or mail to growthidealab@gmail.com
This project requires a large scale of market research, awareness campaign and human resource intensive industry outreach to succeed, which is currently undergoing. Your support can make the difference and help us to reach every corner of the MSME sector, providing knowledge and revive the industry. Your backing would be highly appreciated.
Regards,
Nilesh Desai  
Director,
SMEA Analytics Pvt Ltd
Address: B-1, 1st Floor, Cooperative Industrial Estate, Balanagar, Hyderabad, Telangana 500037
M:9885326553




Better profit from available resources


Do you Want better Profit from available resources?

This is to all my MSME Friends. My definition of MSME is "My Self, My Enterprise". Everybody wants to work for “Roti, Kapada, Makan” and nowadays the internet and entertainment are also included.
To achieve this, you have to optimize your profit.
Question is from where do we generate profit. The natural answer is customers, but there is the hidden source, optimizing your operational efficiency.
We all do it but not consciously. We have developed a software tool that can analyze your balance sheet and profit and loss statement, compare it with few listed company on the SME platform and give our suggestions.
This service is absolutely free.
We expect this will bring the focus back on performance improvement.
For more details all the contact info is given below


Regards,
Nilesh Desai  
Director,
SMEA Analytics Pvt Ltd
Address: B-1, 1st Floor, Cooperative Industrial Estate, Balanagar, Hyderabad, Telangana 500037
M:9885326553

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