And for another Friday in US with Family…. relaxed…. meeting friends…. some thoughts…..
There is so much in favour of Free Markets to support Entrepreneurship, be it small business or big, it all has to start with the Mission Statement…. why are you in business??
Nebraska Furniture, six lakh square feet showroom, everything a house needs under one roof. The Founder, Mrs Rose Blumken, her mission statement is “Sell cheap and always tell the truth”. Imagine running a furniture stores successfully and finally exiting to a ‘one page handshake’ buyout to Warren Buffett, who now owns it but keeps the same Mission…. wow!!!!
Another interesting entrepreneur, Williams, owner of Kerala Kitchen. His Red Chutney is very famous and available all over Texas. At age 17 he came to US, has educated his two sons to be Doctors, very well to do but he continues with his passion – cooking. His mission statement….. “offer genuine Kerala cuisine at affordable price”. 10.5 dollars for his lunch plate includes fish, beef, chicken, parattha, avial, thoran, even payasam. Eat as much and any number of servings.
Better the “Ease of doing Business”, more chances for entrepreneurs to succeed. India’s strength is Entrepreneurship, Democracy, Demographics….
Let’s all help build a technology based India, the legal way, the Ethical way, the SEEGOS Way.