A Letter... reliving memories :)

Few lines from the sweetest letter that I received from a dearest friend :)

Stay notorious as you were ....

waiting to get mad and laugh for hours together

far from all wicked thought’s in our own world

so holy and child like

Cherishing all those days in our life

Goose bumps remembering those incidents of our life’s

having brightest mischievous smile after playing all those pranks

Repented after doing all, but no more as these are the memories which I relive

I love u deeply and solely ..and believe me when I breadth last the wish I would have is to see you besides me and die laughing so that even god increases the time for me to complete my laugh.

What it is like being an Entrepreneur?

Well my admiration for Entrepreneurs is an open secret then how could I miss recording my meeting with the wonderful friend Sushrut Bidwai. A tall young gentleman, an entrepreneur from last 6 year by choice. For me he is a guide book for entrepreneurship.

If I have to rewind the video of our meeting, I would look like interviewing Sushrut. So here's the report of the interview:

Being an Entrepreneur gives you opportunity to:

- create products

- do things in your way

- create jobs

- take up many opportunities

- meet smart people

It needs guts to step out of your comfortable zone and face all the risk/challenges you as an entrepreneur would face each day

India’s social elements mainly corruption makes existence of start-ups more difficult

Explore small towns of India to kick off a startup not necessarily always Bangalore or pune

Meet and interact as many people as you can, there is so much knowledge around

Its not an idea but the passion & an intent is what keeps the Entrepreneur going

Glamorous part of being an Entrepreneur:

- Being titled as Entrepreneur

- Freedom to bring in change

- Knowing your limitations

- Inspiration to many

Non-Glamorous part of being an Entrepreneur:

- Risk & challenge in every corner

- Less of social & carefree life

What it needs to be an entrepreneur:

- Passion

- Extrovert

- Just do it attitude

And there is where our drinks got over. We departed and I was back with a thought & smile to stay for ever.

Thanksgiving

Here goes the things I am thankful for :

… a lovely matured younger sister.

… understanding & supportive parents always taking up my nonsense

… "miss u, love u , can’t smile without u, bored without u" message sending my no mad friends

… caring, admiring, inspiring, motivating colleagues

… my lucky home

… Linked, Facebook, Twitter, Blog, G+ connectors making me more than what I could be

… boy genius standing for me

… challenging job

… Landmark Education

… Endeavour believing my technical writing

….mentors & X-Bosses making me believe myself

… music enabling to relive my passion

… 250 worth earring named as TinTinee sparking like diamond

…“U r worth it “ messages on my office white board

… for all the smiles & pampering in return for a smile

…“Let’s run away & get married” project plan proposal

Finding its way...

No cry’s and no tears

suffering the depths of pain & guilt

as the journey ends and another cannot begin

soul torn apart

voluntarily picking up memories

trying to hold something in palm & every time it’s gone

perhaps it is just not meant to be here.

In darkness the fear & pains remains,

to be healed only by a love that could cross oceans

with no stars to guide,

believing the power of its existence

love will find its way

just to reach the hidden door of the heart

Why let yesterday's faults overshadow tomorrow's dreams

A well - known speaker started off his seminar by holding up a $20 bill. In the room of 200, he asked, "who would like this $20 bill?" Hands started going up. He said, " I am going to give this $20 to one of you but first let me do this."

He proceeded to crumple the dollar bill up. He then asked. "who still wants it?" Still the hands were up in the air. "Well, he replied. "What if I do this?" And he dropped it on the ground and started to grind it into the floor with his shoe. He picked it up, now all crumpled and dirty. "Now who still wants it?" Still the hands went into the air.

"My friends, you have all learned a very valuable lesson. No matter what I did to the money, you still wanted it because it did not decrease in value.

Our lives, we are dropped, crumpled, and ground into the dirt by the decisions we make and the circumstances that come our way. We feed as though we are worthless. But no matter what has happened or what will happen, you will never lose your value. You are special Don't ever forget it!

"Never let yesterday's disappointments/failures/ faults overshadow tomorrow's dreams"

Holding on with an idea

Certain aspects of an idea that makes me hold on to:

1. Solving a problem that existed for a while.
2. Sleepless night with the pleasure & excitement of its implementation.
3. Non-stop talking about the idea with people around.
4. Brings newness in the market.
5. Integrates well with other component’s & products in the eco system.
6. Unlimited revenue generator.
7. Attractive enough for everyone to be a part of it.

Is telecom's voice business dead ?

I think sadly YES, many of today’s voice players will be unless they can stop thinking like Telcos and adapt to new market realities – One of the take away from recently held Capacity Asia.

All Telco executives feel that there are still ways to make money in the voice business, but they aren’t the old ways of making money, and voice players better discover new ways and fast. The voice margins already so low, particularly in market like India, that being in the voice business is almost close to “slavery”. There is major impact from OTT players like Skype on the voice business, but Telcos had no one to blame but themselves for Skype’s success at their expense.

The Voice service providers are “so strangled by the telecoms way of thinking,” seeing India’s voice tariffs, which are so low. I hope that service providers might offer voice for free and make money from it in other ways, such as advertising. But no one will consider this because the shareholders still think like telecoms. They think inside the box when the only thing inside the box is a dead body!

Once a Facebook executive in Singapore was asked, “Since Facebook has 800 million users, why not charge them a dollar a month and make $9.6 billion a year? He replied: ‘That’s a telco’s mindset’.”
“Telcos are not good innovators. But they are good at engineering and operating networks. They don’t make apps, but they partner with those who do and layer our superior network and engineering experience, and come up with a better customer experience.

Telcos probably couldn’t execute a Facebook-like model where the experience is subsidized, but can create a local flavor of Facebook or Skype in ways that those companies can’t because Telcos know the local markets better.

One important point to note that:
1) The success of OTT services depends on the level of broadband penetration, which creates a distinction between developed and developing markets.
2) In Nepal, or India or Srilanka or Pak, OTT is not such a threat yet, so traditional voice is still thriving.

Recently KDDI’s mobile phone tied up with OTT player ie., Skype and want to make Skype as default option for voice on KDDI’s mobile phones. COO of KDDI says “Skype has had a big impact on our volumes, but we realized we can’t stop it, so we had to look at how to generate new business with it,”

So I feel still lot of business exist for Telcos, they can still rock provided they start thinking differently.