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Ankit

Ankit Kedia  | Answer  |Ask -

Start-up Expert - Answered on Feb 16, 2023

A second generation entrepreneur with 15 years of experience, Ankit Kedia is an angel investor and the founder of Capital-A, a venture fund for seed to early-stage meaningful start-ups and Caremont, a healthcare startup. He completed his graduation from Christ University, Bengaluru. He has an MBA degree in operations, marketing, international markets and economics from the S P Jain Institute of Management and Research, Mumbai.
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Asked by Anonymous - Feb 02, 2023Hindi
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Hi Ankit, what are a few things to keep in mind when you are doing business with family members?

Ans: Hello Anonymous, As far as possible avoid doing business with family - enough examples in the history to showcase that it compromises relationships amongst family members. That said - you could consider the following :

1. Crystal clear roles and responsibilities
2. If you are buying or selling, make sure its done like business ! Not like a family dinner conversation.
3. Set expectations very early and very clearly from each other. Better to be clear than to be in doubt !
4. Money matters to be transparently discussed
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Sir, is it good to get into IIT Tirupathi for CSE or BITS Goa ECE ?
Ans: Some factors to consider before you decide out of these 2 Institutes (1) ECE is slightly tougher than CSE (2) Number of Recruiters / Companies visiting for Campus Recruitment will be lesser compared to CSE (3) Some IT Companies prefer even ECE Students during Campus Recruitment (3) Fees is much on higher side in BITS. Around 35.00 Lacs you will have to spend, whereas IIT-T is much affordable. (4) Your Interest: CSE or ECE?. Think for 5-minutes over these factors. You will be able to decide the better and more suitable one for you. All The BEST for your Bright Future. To know more on ‘ Careers | Education | Jobs, | Resume Writing | Profile Building | Salary Negotiation Skills | Building Professional LinkedIn Profile | Choosing Right School Board (State | Matriculation | CBSE | ICSE |International Board) | Student Psychological Counselling | Exam Preparation Techniques (Board | Entrance & Competitive)| Management Quota Admission Ideal or Not? | Job Interview Skills | Skill Upgrading | Parenting & Child Upbringing Skills | Career Transition | Labour Laws | Abroad Education | Education Loan (India | Abroad) | Scholarship (India | Abroad) | SOP Writing Tips’, please FOLLOW me in RediffGURU here

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