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Nripen

Nripen Bhatt

Start-Up Expert 

6 Answers | 1 Follower

Nripen is the founding director of Rafts and Rivers LLC, a Texas-based global higher education think tank.
He has 25 years of business consulting experience and is currently mentoring over 100 start-ups, helping students turn their ideas into successful businesses.
Through his company, Nripen is supporting and managing 107 incubation centres and accelerators located within state and central universities in India.
An alumnus of the Indian Institute of Management, Calcutta, Nripen is an expert in fintech, edtech, food technology, retail, B2B, product and service launch strategies, app development and UI development.... more

Answered on Nov 10, 2024

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Career
Sir, I have got your contact from RediffGurus. I approach you to guide me in my present situation. I have more than 30 years experience in export sales and also import procurement. Have been successful in developing new export markets and also importing quality material from abroad at competitive prices. All these activities have been under employment only, Where employers earned a lot, and brought me only wah wah, shabash, but no financial gains. Now I am retired, but still quite active mentally and physically. I have an idea which if backed with right financial background, can be a money spinner . The idea is to deal in metal import export trading. I can source international standard quality copper, aluminium, stainless steel etc., from China and other countries at 20 to 30% below market price. These can be sold to hungry Indian buyers here. I can assure, subject to investment, a profit of approx. Rs. 5 to 10 crore in first year itself. And of course a huge, unlimited market exists for these metals in vast Africa, where I have travelled many times and understand how business is conducted there . Now may I request you to tell me if it is possible to get a silent investor. For security purpose, I am ready to conduct entire business in investor's or his company's name, provided my interests are safe. Wahaj Nuri.
Ans: Dear Wahaj,

Your proposition is definitely sounding interesting, but as you have laid your idea and thoughts randomly here, it is not translating into a viable business. Have you prepared a comprehensive Business Plan? Have you worked on Business Frame work?
I would suggest to complete your offerings on papers, write/overwrite/correct/cut/revise and then bring a conclusive business proposition which none can refuse.
Regards
(more)

Answered on Nov 10, 2024

Asked by Anonymous - Nov 08, 2024Hindi
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Hi Nripen Sir, I am started my own market research(Secondary Research) firm bootstrapped without team and working on it. I want to know how to do customer or client acquisition. I have 10 years of market research experience. I am sole person to handle this. Also, I want to know do i need investment for this type of firms.
Ans: Let me congratulate you first, it is an excellent initiative you have taken, there are several firms in Market Research but there is always a demand for a genuine data driven research firm.
Initially you do not need a big team, you can handle solo, and when you require first go for management undergraduates as interns.
If you work smart client acquisition and retention will be really easy and smooth you can go step by step:
Create a one-page professional website, keep your clients’ segment in view and develop the content accordingly. Define methodology and tools in such a way that potential clients should relate immediately with their requirements. Don’t write lengthy content. Be precise be crisp.
Use business email id only.
Get very smart stationary printed, letterheads over 100 GSM, nice envelops, attractive business cards etc.
Search the websites where startups are registered such as startup India, start in up, istart etc., you will find a lot of startups who are in Launch phase or in Growth Phase, both look for secondary market research.
Exporters can be your potential clients.
Tourist planners.
Medical startups.
You have huge market for your service, start from here and you may ask time to time for further steps.
All the best
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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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