appreneur

They survived for 300million years... We (modern humans) didn't even reach a 100,000 years of survival.

Hence we are in the dinosaurs land.Earth belong to dinosaurs... Longest survived mamals.

*1kg tomato is going for 30paisa in market yard. Average cost is Rs.13 ...thats 99.99% loss in value. .This is killing farmers and in another 10days you will see farmer suicides because they can't get price for their produce due lack of cash. The farmers are dumping their produce and going home depressed. This is not fair by anymeans.

While cities will see skyrocketing of price because of lack of stock.

Modi has hit at the heart of Indian economy of Farmers. They just are helpless ,the panic is rising every minute and it will create chaos in matter days.

I just don't think India is ready for collapse. It was thriving economy sustaining life of 70 crore Indians.

Now they created this panic n confusion n artificial scarcity. Artificial scarcity helps create black funding.

Precisely... It's lot lot worse

1.EMERGENCIES 2.FOOD 3.RIOTS 4.LAW ENFORCEMENT BECOMES NIGHTMARE. 5.Everybody is calm till supplies last. Locality by locality, then city by city and state by state will fall. Fall in terms of food supplies ,emergency services,transportation and then riots.

Tourists where only cash is accepted are the most effected. They didn't come to India to stand in queue to pay fo meals.... They came to travel freely.

I can see every minute it will become nightmare because nobody wants to spend because they don't have change. In matter month the tourism which relies on cash will be dead.

Rajan stood for poor India... He saw through this... He was told to go. My respect for rajan grew all the more the day I learnt that he had reservations about demonetisation plan.... .. I can see clearly why he was asked to go.

"So that this ill planned move became reality. "

The Facts: Justdial used to generate total 1000 leads a day across 10 industries(realty,services,transport etc) in one city.

Number leads per day Nov 1st :986. Nov 2nd: 977 Nov 3rd: 956 Nov 8th: 705 Nov 9th: 403 Nov 10th:212 Nov 11th: 156

Remember more than 200 companies are effected because of this in one city alone. India has 2300 small towns n cities. Imagine the scale of business lost.

Lost business or leads not created because of demonetisation is huge. At this rate more than 70% of business turn over will be lost and this will kill small business completely.

There will be or it's already happening

1.cash riots for lack of cash in every market.... Indias 70 % population use cash.

2.Normally 10% of ATM's don't work.. Now it's 95% of them not working.The anger is raising every minute.... It will be unsustainable if riots breakdown...please do something creative "Lets not become another riot hit country."

3.Demonitisation caused Prices of perishables to raise /it will kill the dealers. The big market yards all deal with cash.... It's nightmare to ask them to even do basic signature forget asking them to do fund transfer. It's far too tough and far too many people are being left behind because they are illiterate. Everything will skyrocket from here.

4.Realty will fall 40%. With it all support industries like Telecom and Infra industry. Only infra projects which get government payments will be sustainable. Rest in single sweep go down to no point of return.

5.The illiterate and masses are the most effected with this move. Remember 80% of Indians earn less than 2lakh. All they get is daily payments... I got at least 5autowalas and others to open bank account. When I looked at the scale of getting 50crore Indians onboard is far too much to little time of 30 days.

It's become war on the poor and illiterate instead of black money hoarders. I am sure there are better and more suitable solutions instead of this mess.

Dear Smart HN reader,Kindly suggest ways what do from here on,otherwise the poor will suffer because they are not smart enough to open bank accounts. I will publish solutions suggested here to all news agencies.

wow you are spot on with Bernie and Demonetisation of currency. I think I can say trump won because of independents were not allowed to vote for Bernie...effectively DNC did a self goal.

Bernie is the most popular guy ever.....somehow hillary and her machinery scrwed him, independents inturn screwed her.

great and simple, this would be much more practical way of doing things ...AED drones.Thats simple and effective...I am wondering why its not applied everywhere already?

I was fortunate to discover Jeff Hawkins in the early 2007 , when he was exploring brain science .. .I went through his lectures for entrepreneurs at ecorner.stanford.edu , being indian ,I had to literally slow down the video to understand his speech and he is like Bill gross, very very fast in articulating and highly energetic in their talk. You can feel their passion in their work.

Incidently Jeff Hawkins was the first to work on Palm software.....you can say early versions of today's smartphones.

Coming back to brain science , I somehow feel it's more to do with complexity (Santafe.edu).

I am waiting for jeff Hawkins to launch a university like santafe.edu ( complexity) which works exclusively on brain science. Perhaps that would increase application of brain science.

I wrote numbers in dollars for wider audience understanding, I paid salaries in rupees. As you might understand, a business loan from bank depends on collateral security you can offer , I could only give 200k collateral hence the business bank loan got limited there.

One of the most important lessons , I got early on is ,you need developers and staff full time on rolls,right next to you if your business model is dynamic and also you are not sure of staff quality. If you go to skillpages, there will be thousand resumes claiming they know Python , once you hire them you will know the quality, outsourcing works to that kind student quality is like sure shot disaster.

Also I just was not lucky enough to find quality talent to outsource.

About india being good for entrepreneurs , yes and no, depends on what you are working, but just to give up on startup idea altogether is not recommended ,choose carefully plan well and most of all EXECUTE WELL.

Honestly it's her belief in me which bought us back together, I just gave up unable to handle stress from so many dimensions, financial, personal and friends turning soar.

Not able to give time to her , I felt I might destroy myself or her permanently if I hanged around the relationship, it was becoming extremely stressful to handle her and my debt. So I requested her to let me go and allow me to focus on clearing the debt.

Also I guess the break helped her see me in different light when she was away from me. I just melted to my gf waiting for me 3 long years. I said yes got married in 3 months.

I am incredibly thankful for my parents to keep supporting me with all their might and it's beautiful....that I was born to such family where they go to any extent when rubber meets the road.

The most important lesson ,

1.Never ever give personal gaurantee for more than your net worth! So that failure stops with you, otherwise your entire family gets affected.

2.Focus on one thing , become incredibly good at it.

3.Focus on customers and trust yourself on giving value , customer insight is better than customer need.

4.Be alert about interest on debt ,business debt ( high interest) essentially will kill every possible way of being rich, instead it will drag you down the road of no return.its 100 times better to get VC fundin or investor money than business debt.VC will stop you before it's too late. LESSON ....take business debt only from banks if it's low interest, then investor money. Ideal is do business with customer money if you are in software. Get pre- sales before you make, it's tough but it works.

5.Indecision killed most of the profit for us,we were two people protecting each other back and it doesn't help, when you are in such impossible situation and indecisive,we should have closed the business 2 years earlier. It would have saved us a lot money and time.

6. Always have 3 extra advisers on board if you are just two co-founders....to get a perspective otherwise emotions run high and it will be huge drain on the company.

In india when you borrow for business ,it's usually personal friends, family and distant cousins.

I never borrowed but from my family , but since my business partner borrowed hell lot from friends, cousins, to keep it going , we were essentially paying 24%-36% interest on the debt, almost all the profit was going to just pay interest.

And since we were Not making operational profit , we did turn over of 5million usd , paid interest of 2 million and operationally we were in a debt trap. It was classic case of denial of risk and peril. just thought that I will come up with blockbuster product and wipe it all,it never happened in 7 years the problems multiplied. Debtors were hounding on the door for their principal, even though we paid them huge interest,it's like bank run, once they sense things are wrong , everybody wants their money back on that day. Got into new personal guarantee agreements ,made huge sacrifices and finally here I am.

Failed, job, startup -success...gave up company because of co- founder,started again.. startup- success...amazing journey first 3 years...next 4 years hell with business partner.

I have failed in the year 2011 after 7 long years at my bootstrapped company. My business partner didn't want me around, I was pretty emotional after so many years, I felt it's time to accept fate n move forward.

Broke up with my gf, I quit my company(gave my 67% to partner if he split debt). So I pretty much walked out with million dollars debt and nothing on hand, life was tough.

I started again,my small business was ok, my burn rate was low,I was ramen profitable ...burning $2000 per month but all customers money, hired employees fired lazy ones.

I just couldn't cope with debt sold my house, my car, my dads house , my aunts house, fortunately n unfortunately I am from india, here people threaten with dire consequences and people give all their life earnings for loved ones. So all the assests cleared about 500k usd dollars.

I earned 200k usd doing consulting, mobile apps, web apps, sentiment analysis ,paid 60k usd salaries. Now I have another 200,000 usd to clear on track to clear it but ....something beautiful happened , I married my gf after 3 years of break, my ex-business partner wants to do business with me again since he saw how I came out of rat hole,...

.I just have one thing to say "don't give up and hang in there with logic and common sense"

I feel I will succeed financially in 2015 , Our product is coming beautifully...then perhaps I can write a book...till then I have midnight oil to burn..

Wow nice insight, I am going to try a protype, where a deaf look at the person on the retina or glass, he can see what he is talking...that's beautiful and amazing. Yes I love transcense , if they can do good and i believe a retina display is must for deaf and dump, suddenly imagine their world coming alive , where they can experience sound , on retina or glass, it's beautiful real work.

Keep it up guys at transcense

Yes it's the antidote for our poorest of the poor 200 million Indians...hope internet penetration removes that many Indians out of poverty...it's possible and most likely solution.

I am just making point of "explosive growth of internet" might be the beneficiary ....in the process we might become more westernised...I don't mind that as long as it can remove poverty of 500 million Indians.....more than 200 million people live in abject poverty( poorest of the poor)...Internet penetration is known to uplift most people out of abject poverty...wish more Indians are online ...and the world will come and invest big billions...imagine both Europe+Usa = india market size..it's possible...but it takes effort and discipline..

As we more westernised in our outlook, bigbillionday is something similar to "Black Friday" and deep discount on single day ....might do more for overall internet penetration....currently only 25% of Indians have access to Internet, which stands at 243 million , if this crosses to 340 million, That's a huge market growth of Internet users ...this will in the long term benefit everybody.....perhaps remove poverty of more than 500 million Indians.

Motivation 3.0 , I find the book , "the surprising truth about what drives us ".Daniel H. Pink.....amazingly accurate and one true sense reveals...what motivates us.

Beautiful...just to understand that algorithms also paint beautifully ...visualising algorithms awesome!

I always felt most people in IT offices occur very busy, when their work is harldy any time consuming, just to keep their job, they act busy all the time...I felt this false pretense is the primary reason most people loose confidence in trying new things and being experimental.

I am off mark by bring 787 in this discussion may be but I must say 777 and 787 are same company, I cannot see not one time Boeing guys came out and spoke to media or press, its really disappointing.

We just have 2 companies monopoly of aircraft industry.....I am looking at young startups which will start in aircraft manufacturing industry and change the game.

Morbius: Thank you for accepting atleast 50% of my theory was wrong...may be u r conceding that 50% might be right.That's good enough for me.

Here's where I got it almost right: "2.Plane was on autopilot there after ,nobody complained since nobody was alive.Fell silent into the ocean and rests there" The plane according to most was found near indian ocean some 2000 kms...it flew on autopilot for 7 hours.

>Disintegration should have left debris. There was none. Debris is found some 2500 kms away..now resting in the ocean.

Boeing is being sued by one law firm today:"4.I dont know why boeing company is not talking about this much, they just are silent ....the biggest benefactor if pilot theory is right is boeing.Boeing benefits alot if its pilot error which caused the incident."

> No "consipracy theory here" its indeed looking more like mechanical failure and the pilots died due to depressurization...boeing should own responsibility.

I might be wrong abt 787 , it was too much stretch to bring two 787 and 777 together but they are from the same company, that is my point,boeing needs to own some responsibility for this kind of failure either mechanical or design failure. They have put an off switch for ACARS?..why did they have off switch in the first place? Is it not design failure?

Finally they have only 2 hours of recording of cockpit in blackbox for an international flight which might be flying 7 hours...?Explain that design failure...how can they only have 2 hour recording...even kid will tell 2 hours is not enough for 250 million price tag.

We are almost on the same page: here's my theory purely based on what I read!

1.Something happened like explosive decompression, Explosive decompression occurs at a rate swifter than that at which air can escape from the lungs, typically in less than 0.1 to 0.5 seconds.Everybody onboard(including pilots) would have died in less than a second due to castrophic mechanical failure which caused explosive decompression.

2.Plane was on autopilot there after ,nobody complained since nobody was alive.Fell silent into the ocean and rests there.

3.Plane blewup and disintegrated just like an endevaour....leaving only ash...nothing was left.

4.I dont know why boeing company is not talking about this much, they just are silent ....the biggest benefactor if pilot theory is right is boeing.Boeing benefits alot if its pilot error which caused the incident.

5.Boeing looses a lot if its mechanical or structural or some design failure...."The longer-range 777-300ER and 777-200LR variants entered service in 2004 and 2006 respectively"...they are relatively new...however malaysian airlines is boeing 777-200ER 1997 release...is it possible to have some structural or design or mechanical failure which caused explosive decompression...even pilots die in less than a second...if it occurs.

6.Boeing 787 Dreamliner: Cracks Found in the Wings of 40 New...this clearly shows even the latest 787 is not safe leave alone an old plane like boeing 777-200ER.

7.If its done deliberately by some pilot why nobody is claiming credit for it...ofcourse he wouldnt have done it for himself.

The whole media is trying to protect the company "boeing" by showing pilot has conspirators...I cannot see even 1% of people questioning boeing the company...

Latest Boeing 787 Dreamliner: Cracks Found in the Wings of 40 New....

All the more we should question boeing...

I am international..especially from india,can I open my startup in ny?, Cant seem to find that for international business owners want to start in newyork. I am an appreneur, we develop mobile apps,would love to open startup in newyork tax free zone. Can I get process for non-us citizen to open startup in new york.

I am 37,I am fat and I am not programmer and I have been bullied for 20 years.I just became CEO of my own software firm finally and it doesnt do that well but I am fine,I feel life is far more easier and simpler, no more bullying.

I have few recommendations: 1.Never lower your selfesteem, no matter what the idea of bullying is to kill selfesteem and watch you crumble. 2.No matter what anybody says including your own mind never ever feel down,life is beautiful as it is...you are this remarkable human(all humans) who functions with 1 billion neurons .... 3.Its just a thought to give up and its just another thought to see how remarkable life is....these bullies of today or failures of tommorrow. 5.I can show you countless examples how bullying created a false confidence in them and then when life started to really hitback the bullies just didnt know to deal with they became utter failures, we who are bullied are prepared for life either ways,I think I am much more stronger and much better prepared on a positive side.Also I tend to go and support anybody who needs help.

6.If ever you need help in counseling and getting back into confidence, I am always open,I am part time motivational speaker:).

Being humble and not trumpeting one's idea...

Modesty wins, proves that we are in debt of millions of unrecognized humans for the immense knowledge we have gathered n use everyday.