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Nudged out of my office- A Liberating Loss!

Yesterday I had to empty my lovely office room in Golden Square Vittal Mallya Road Branch . I do not have a dedicated office room for myself anymore. I have been using this room for the last 10 years, and a couple of days back I was politely asked by my colleagues in Golden Square to hand it over because an important client needed office space and we did not have any available in this Branch. I had mixed feelings yesterday while I was clearing out the room. I felt liberated while I also felt a sense of loss. Working from Home Liberated because though I often work from home, and use any of the Golden Square branches for meetings, there is always this feeling that I am not in “my office”. Now by giving that away I felt liberated, I do not have to go to the office, I can be wherever I need to be, whichever place is most convenient for me and people I am meeting.  My favorite place for "thinking type" of work: ...

IDEAS. VALUE. RESULTS.

Citrya means “Brilliant” and that’s how they aspire to be – the people at Citrya believe that the marketplace is crowded with solutions and products each solving a specific or a particular class of problems. Not all of them help “Make life easier” and their endeavor is to find those gaps and create dramatic value that will enhance the utility of the ecosystem of existing products exponentially.  Okay, yes, that sounds intense and confusing possibly, but to crystallize it, they are in search of solving and innovating in small, but dramatic ways and are humble enough to acknowledge that they don’t aspire to create the next path breaking invention in human history, although they would love it if they could actually, prove their humility wrong! Below is a short excerpt from the interaction we had with Mr. Krishna Mitter CEO of Citrya Innovations.   How long you've been in this business?? After over 17+ years in a multi-national, we started a business to live...

Green Power

They have set out to bring in a change in the way Industries and Commercial establishments meet their energy requirements. While generating revenue with the business model, the endeavor is to reduce India’s crude oil bill to the most possible extent. Persept Solar is an Indian Institute of Management, Bangalore / NSRCEL incubated Independent Power Producing [IPP] company offering  ”Solar PV Power as a Service”. The green power from renewable energy source offered by Persept Solar aims to reduce the dependence on the expensive captive diesel power plants used by Indian Industries, Commercial Establishments due to the ever-increasing power requirements. Persept Solar has been in business for almost 2 and a half years. It was founded by two IIMB Alumni, with the firm belief that Solar Power can address a significant part of the existing demand-supply gap in the country. We recently had a brief interactive session with the core team comprising Mr. Srinivas ...

Inspiration from Nature- Basic Building Blocks for Scaling a Business.

What is the basic building block for your Business? Well before you answer that question lets take a look at nature. You will notice that there is a spiral pattern getting repeated. This pattern is drawn more precisely like this. Notice how the spiral can go on till infinity. The ratio of the sides of the rectangle is 1.618 and is known as the Golden Number. It is called so because this pattern is found so often in nature. It is almost like a basic building block of nature. Nature builds one tiny "fractal" with the Golden Number / Golden Ratio and replicates it for scale. The same principle can be used for scaling a business. Get the Golden Number for your business and then it scales. For Starbucks, it is the combination of good quality coffee, the ambiance, etc. Once you get the right mix the business is ready to scale. For Google, it is searching and being a repository of all information. For LinkedIn it is connections. For Facebook it is f...

Why no Gold colour in Golden Square Logo?

Some friends ask me why there is no Gold Color in Golden Square logo. Well, there are two reasons, one to do with the meaning and the other more practical to do with printing. "Golden" in this case is referring to the Adjective:- " Marked by prosperity, creativity, etc. " as in, 'the Renaissance was a Golden Era.' "Square" stands for a meeting place, similar to a Market Square , where transactions and business happens. The first logo of Golden Square did have a little bit of Gold color. However, we ran into practical difficulties in printing signage and visiting cards. Gold is not an easy color to print. So we decided to have only Blue and Black. Why Blue? Well, that is another story altogether. Golden Square :- The place for business prosperity. www.goldensquare.in

Unfixed Costs- Costs should be in line with Revenue

A pile of Lego blocks, of assorted colors and sizes. (Photo credit: Wikipedia ) "We invested in anticipation, but it all went down the drain." A friend was recently recounting his experience. They were on the verge of getting a big software development project from a large company. In anticipation, they invested in another office dedicated to this project. However, the customer wanted them to do the project on-site. All the investment in the new office was a waste. "Golden Square's flexible office space options makes so much sense," my friend declared, "Wish I had thought of this earlier." In Golden Square, we understand the fluid nature of business. That is the reason why we do not have lock-ins. Typically office space is contracted for more than a year. In Golden Square, all we need is a Months notice to reduce space and a moments notice to increase space in our Dedicated Office plans. One can start with say 3...