Skip to main content

Kacharagadla Featured Article

10 Things You Must Do Before Quitting Your Job to Start Your Company

You have a dream but you need a checklist to achieve it. So you've decided you're ready to take the plunge, quit your job, and get your own company up and running. You have an amazing ">businessidea you are ready to launch. You're probably excited and nervous at the same time, which is perfectly understandable. If this is the case, you need to take a step back and remember that you simply can't walk into work tomorrow with your resignation letter.
Being impulsive could be a huge mistake so you need to create a list of the advantages and disadvantages you will face when quitting your job. If you decide it's still what you want to do, there are a few things you must put in place before you quit. 
To help you get ready before your big day of freedom, I've highlighted 10 things you should do before quitting your job and starting your own company.
1. Do research. Quitting your current job before getting your company off the ground may seem like the best option, b…

As India's Richest Make Big Gains, The Entry Price To The Top 100 Touches $1.25 Billion

The September launch of Jio, the long-awaited 4G phone service of oil and gas giant Reliance Industries, unleashed a price war in India’s hypercompetitive telecom market with an offer of a four-month free trial followed by free voice calls and messaging and low-priced data services. Stocks of incumbents, including telecom pioneer Sunil Mittal’s Bharti Airtel, tumbled.
Mittal, who founded his Singtel-backed company 21 years ago, has the most to lose; one in four Indians with a mobile phone is an Airtel customer. To fight off the fearsome competitor, Mittal bought 4G spectrum from struggling rivals for $1.2 billion and is gearing up to buy more at a government auction.
Reliance chairman Mukesh Ambani, who wants to sign up 100 million customers in short order, accused Airtel and others of blocking Jio’s calls to their networks during the trial phase. Airtel said it had always provided access to Jio and increased the interconnection points to its network after Jio’s commercial launch. The standoff notwithstanding, both are better off this year. While Mittal’s wealth rose on new information about his private assets, Ambani retained the No. 1 spot for the ninth consecutive year on a 21% rise in Reliance’s shares in the past 12 months.
The government’s infrastructure push and housing-for-all policy boosted cement and paint fortunes. Soaring shares of his Shree Cement propelled Benu Gopal Bangur into the top 20 for the first time. He and Ashwin Dani of Asian Paints were among 15 people who added more than $1 billion to their wealth.
With the entry price to the top 100 at a record $1.25 billion, there are only 6 newcomers this year. The youngest are serial entrepreneurs Bhavin (36) andDivyank (34) Turakhia, who sold their ad tech firm Media.net for $900 million in August. Another new face is Acharya Balkrishna, who cofounded consumer-goods maker Patanjali Ayurved with his friend, yoga guru Baba Ramdev. Two-wheeler tycoon Pawan Munjal takes the spot of his father, Brijmohan Lall Munjal, who died last November.
Eight returned to the ranks after their companies outperformed the stock market’s 12% rise in the past year, including biotech pioneer Kiran Mazumdar-Shaw, India’s richest self-made woman. Efforts to revive Suzlon by founder and former billionaire Tulsi Tanti have yet to restore his place in the roster.The 13 who dropped off include not only textile figure Balkrishan Goenka but also pals Sachin Bansal and Binny Bansal, cofounders of Flipkart, amid uncertainty about the e-commerce giant’s valuation.
This list was compiled using shareholding and financial information obtained from the families and individuals, stock exchanges, analysts and India’s regulatory agencies. The ranking lists family fortunes, including those shared among extended families such as the Godrej and Bajaj families. Public fortunes were calculated based on stock prices and exchange rates as of September 9. Private companies were valued based on similar companies that are publicly traded.
Additional reporting by Megha Bahree, Sean Kilachand and Anuradha Raghunathan.
I write about India's wealth creators.  

Comments

Blogger said…
If you are looking for a solid contextual advertising network, I suggest you take a peek at Clicksor.