|
Saturday, May 25, 2019
The goldmine in MSMEs
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
Website: www.smeanalytics.in
Book Website: https://www.msmegoldmine.in/
Book Campaign: https://www.indiegogo.com/projects/the-unexplored-goldmine#/
Video Links: https://www.youtube.com/watch?v=tFFvWoutoEw
Video Links: https://www.youtube.com/watch?v=tFFvWoutoEw
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.
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
Website: www.smeanalytics.in
Book Campaign: https://www.indiegogo.com/projects/the-unexplored-goldmine#/
Video Links: https://www.youtube.com/watch?v=tFFvWoutoEw
Video Links: https://www.youtube.com/watch?v=tFFvWoutoEw
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
Website: www.smeanalytics.in
Book Campaign: https://www.indiegogo.com/projects/the-unexplored-goldmine#/
Video Links: https://www.youtube.com/watch?v=tFFvWoutoEw
Video Links: https://www.youtube.com/watch?v=tFFvWoutoEw
Thursday, May 2, 2019
Tuesday, April 9, 2019
Subscribe to:
Posts (Atom)
