Friday, April 18, 2008

entrepreneurship in india....

Big board meeting of big company in big bustling metropolis....


BigBossManfromBigcompany (BBMFBC): "We need to look for entrepreneurs in this country…to kickstart our business model..that will earn us untold billions...."


Many hundred miles and a dozen grazing cows away.....


an Ageing woman entrepreneur (AWE) in the hinterlands of S. India hears of big company's intentions and new business, and calls up BBMFBC.


AWE to BBMFBC: "Dear sir, I am an AWE - wanting to invest in your big compani's big bizness. We even have son with MBA working in esteemed but lowly position in your big compani."
BBMFBC: " yes yes…we are looking for budding entrepreneurs like you madam…..well …the investment is like in XXXX zillions of rupess…revenues of YYYY Gazillions of rupees and RoI of a mindboggling 14.28% - almost a FULL percent above what you would get by parking your money safely in the bank."
AWE: "Thank you thank you sir....please do let us know what else we need to do"
BBMFBC: "oh its simple.....please set up a private limited company with XX millions rupees as paidup capital, and email us details with sales tax registration etc. If you have no email, you can even fax! we will duly consider."


AWE to MBA-son: " son - BBMFBC from your compani has given us permission to invest in your big compani big bizness. We are planning to sell off all our cows for this investment and - "


MBAS: "Amma no..don't believe in these big companies - "


AWE: " son - you are educated but not wise. We are taking risk we know but for your future only!"


MBAS: "please don't sell off our cows - they are all you are leaving me in a diddly-squat inheritance!"


AWE: " don't worry son - we can double number of cows if we invest in this business now. Tomorrow, you can be a cow-king!"


MBAS: " Lord shivaaa - "


AWE starts marching to the market every day for best price to sell her cows, and meet investment criteria of BBMFBC.


After a few weeks......


AWE to BBMFBC:"Sir, our shiny cows gauri and kaveri are fetching good rates in the market, we are almost ready with investment- and wanting to invest - -"


BBMFBC: " oh madam, after deep consideration, we have decided that due to family relations with your son working our big company, we are unable to entertain your request for entrepreneurship in our big business.


Many regards".