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Chandu

Chandu Nair  | Answer  |Ask -

VC, Angel Investing, Entrepreneurship Expert - Answered on Apr 15, 2023

Chandu Nair advises entrepreneurs and enterprises about creating and building their business.
He has direct experience in angel, venture capital and strategic investor funding. Over the last three decades, he has made a name for himself in industry, consultancy, media and information services.
Nair is on the advisory boards of the Chennai-based private equity firm Fulcrum and the social impact fund, Menterra. He's an independent director on the board of India's first retail building products company, Shankara Building Products Limited.
He was the co-founder of Scope e-Knowledge Center, a pioneering knowledge process outsourcing company, as well as the co-founder of a business-to-business e-commerce venture, both of which he successfully exited.... more
Asked by Anonymous - Mar 27, 2023Hindi
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Career

Dear Sir, I and my business partner started one IT company in 2019. After 6 months we started one E-commerce company and also registered that E-commerce company as a Private Company in 2021. From an IT company, I brought a business of nearly 2.5 lacs - 3 lacs from 2019 to 2021 as we were mostly in our other company. We have already given 3 years on our E-commerce still we have not got a single result and due to E-commerce, we couldn't focus on our IT company. For E-commerce, we have launched 2 soaps and 2 essential oils with our own brand and manufactured by 3rd party. E-commerce is a product based so it will take much time to promote the brand, needs to do marketing, etc. On E-commerce, we are just spending a lot but with no results. Right now both companies are loss-making. I want to focus more on IT company now because it is a service based company and we have created the portfolio as well by working for some of the clients before. I believe if we will focus more on the IT company now then we can get revenue as well as we can grow this company. With the grow of the IT company, we can also grow the other company as well. Sir, I want the best suggestion from you.

Ans: When you have limited funds and management bandwidth, it's better to focus on activities that generate immediate cash and build not just your portfolio of work but also your confidence.
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Harsh

Harsh Bharwani  |62 Answers  |Ask -

Entrepreneurship Expert - Answered on Apr 03, 2023

Asked by Anonymous - Mar 27, 2023Hindi
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Career
Hello Harsh, I am 33 yrs old, working as an SAP Consultant in an MNC company. I and one of my friend started one IT company in 2019 and at the same time we started one E-commerce company which we registered it in 2021 as a Pvt Ltd company. Initially, I brought a business of around 2.5L - 3L during the COVID time but most of the time we give in developing our E-commerce company. Due to this, we are unable to focus on our IT company. We have already given 3 years on our E-commerce and we have also launched 2 soaps and 2 essential oils with our own brand and manufactured from 3rd party vendor. Right now both companies are loss-making. I want your suggestion as to which company I should focus on more so that I can bring revenue and make it profitable. I want your guidance.
Ans: It seems like you and your friend are currently running two companies - an IT company and an E-commerce company. While the E-commerce company has been your primary focus and you have launched your own brand of products, both companies are currently loss-making.
To make a decision about which company to focus on, you may want to consider a few things:
1. Revenue potential: Consider the revenue potential of each company. Which company has the potential to generate more revenue in the near future?
2. Market demand: Evaluate the market demand for the products/services offered by each company. Which company has a larger market demand and growth potential?
3. Your expertise: Consider your expertise and experience in both industries. Which company are you more knowledgeable about and can you bring more value to?
4. Cost and resources: Evaluate the cost and resources required to run each company. Which company requires more investment and resources?
Based on the above factors, you can decide which company to focus on. You may also want to consider the possibility of merging the two companies or scaling down one of them to focus on the other.
It is important to remember that building a successful business takes time and effort. It is not uncommon for businesses to experience losses in the early stages. Keep persevering and continue to innovate and adapt to the changing market conditions.
I hope this advice helps you make a decision about which company to focus on. Good luck!

..Read more

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Milind

Milind Vadjikar  |650 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Nov 17, 2024

Asked by Anonymous - Nov 14, 2024Hindi
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Money
Hello finance guru, I am 45 years old , with 2 kids. I live in a Tier-1 city with ~49 Crores of networth. This includes ~12 crores of investment in real estate (land and a flat at a prime location), ~34 crores in equity, ~1 Cr in Crypto and ~2 Cr in cash. I work in a pharmaceutical firm in an executive role and planning to retire in the next 1 year. My knowledge on finances is average and would like to seek your advise. I would like to generate ~2.5 lakhs per month for expenses from my savings and would like to double my networth in the next 7 years. Could you provide me help on the directions I can take to make this working?
Ans: Hello;

Deducting the real estate and crypto investments from your networth, we have 36 Cr.

You may invest 4 Cr each in 2 equity savings type mutual funds and 2 conservative hybrid debt oriented mutual funds.

If you do a 3% SWP from each of these funds you may expect a monthly payout of around 2.8 L (post-tax).

These funds generally yield 8-9% returns so they will continue to provide inflation adjusted income to you.(6% inflation rate considered)

Balance remains around 20 Cr, while 2 Cr may be retained as liquid fund for contingency requirement, the balance 18 Cr you may invest in combination of mutual funds, PMSs and AIFs.

As you enter retirement phase your focus should shift from "maximising returns" to "decent returns with moderate risk" since return of capital is more important than return on capital.

Happy Investing;
X: @mars_invest

*Investments in mutual funds are subject to market risks. Please read all scheme related documents carefully before investing.

...Read more

Milind

Milind Vadjikar  |650 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Nov 17, 2024

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Money
Dear Sir, I am 53 yrs. I want to retire @60 with a INR 2.00 Cr Corps. Currently I have following SIP Total SIP 30000/- PM Axis Bluechip Fund - Regular Plan - Growth HDFC Mid-Cap Opportunities Fund - Growth Plan Aditya Birla Sun Life Pure Value Fund - Growth Option Aditya Birla Sun Life Equity Advantage Fund - Regular Growth Sundaram Mid Cap Fund Regular Plan - Growth Bajaj Finserv Flexi Cap Fund -Regular Plan-Growth Franklin India Focused Equity Fund - Growth Plan Franklin India Smaller Companies Fund-Growth HDFC Top 100 Fund - Growth Option HDFC Multi Cap Fund - Growth Option I have MF Investment @ 26.00 Lakh Current Value is @ 52.00 Lakh. I have Savings of Rs. 10.00 Lakh, PPF Rs. 5.00 Lakh, Share investment Current Market Value around Rs. 20.00 Lakhs. I don't have any Loan. Insurance INR 1.50 Cr. up age of 70. Per month earning around Rs. 1.25 Lakh. I have a Investment in real estate which can give my INR 40.00 Lakh at current Market Price & Gold Investment of INR 20.00 Lakh which I think sufficient for my daughter Marriage. Current Monthly Expense INR 40-50 K. I am in a new tax regime, so discontinue my ELSS saving and PPF Saving. Suggest how i can increase my Corpus for retirement.
Ans: Hello;

You may top-up your monthly sip by 10% every year for 7 years. This will grow into a sum of around 0.51 Cr.

The MF corpus and direct equity holdings worth 0.72 Cr today will grow into a corpus of 1.59 Cr after 7 years.

Therefore you may achieve your intended corpus of 1.59+ 0.51=2.1 Cr, 7 years from now. A modest return of 12% is assumed from MF and direct equity holdings.

2-3 years before 60 you should start moving your gains from equity funds to liquid or ultra short duration debt funds to protect it against market volatility.

Also good health care insurance for yourself and your spouse.

RE property you may sell at a later date to boost your retirement income.

Happy Investing;
X: @mars_invest

...Read more

Milind

Milind Vadjikar  |650 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Nov 17, 2024

Milind

Milind Vadjikar  |650 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Nov 17, 2024

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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