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Entrepreneurship
Entrepreneurshiplife
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Understanding the Different Types of ULIP Plans Available in India
- ULIP plans in India offer a combination of investment and insurance, providing growth and financial protection.
- Investors can allocate premiums in different asset classes like debt and equity while selecting from various ULIP plans.
- A ULIP return calculator helps assess returns based on funds, premium amount, and policy tenure.
- Different types of ULIP funds include liquid, equity, balanced, debt, growth, growth super, bond, and conservative funds.
- ULIP plans vary based on death benefits, investment funds like debt, equity, balanced, guaranteed, and thematic funds, as well as wealth-creation objectives.
- Debt funds are suitable for risk-averse investors, while equity funds are for aggressive investors seeking high growth.
- Guaranteed funds offer stable returns, while thematic funds focus on specific industries.
- ULIP plans cater to both risk-averse investors looking for stable returns and those seeking high returns with risks.
- Understanding the different ULIP plans and their features can help investors make informed decisions aligning with their financial goals and risk tolerance.
- Customizable options in ULIP plans ensure flexibility for investors to tailor their investment according to their financial needs and objectives.
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Entrepreneurshiplife
2M
27
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How I Ended Up Starting My Own Beer Festival (And Why It Was Totally Worth It)
- The author never planned to start a beer festival but eventually did due to a love for craft beer and the community around it.
- Starting the beer festival involved extensive planning, including permits, insurance, vendor coordination, and utilizing event planning software.
- Despite the challenges faced during the planning process, the author found the experience of organizing the beer festival fulfilling and rewarding.
- The author encourages others to consider starting their own beer festival, emphasizing the importance of starting small, planning thoroughly, and focusing on creating a memorable experience.
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Entrepreneurshiplife
2M
197
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Why Do Real Estate Investors Use Hard Money?
- Hard money loans are short-term loans that require an asset as collateral, often used by real estate investors like house flippers.
- They are obtained from individual investors or private companies, offering a quicker and less stringent approval process than traditional loans.
- Benefits of using hard money loans include faster closing, less dependence on credit history, ability to acquire more properties, and cash-out refinances.
- These loans allow investors to keep their capital for other projects, provide advice, tailored loan options, and a stronger negotiating position.
- Hard money loans are not solely based on credit history, making them accessible for investors who may have had past bankruptcies.
- Lenders can offer solutions and flexible options tailored to investors' needs, making them ideal for property flippers and real estate investors.
- Approval for hard money loans can be quicker, typically within three days compared to traditional loans that may take up to sixty days or more.
- Overall, hard money loans are preferred by real estate investors due to their speed, flexibility, and asset-based approval process.
- These loans are particularly beneficial for those involved in buying, renovating, and reselling properties for profit.
- Hard money loans make it easier for investors to access funding for their real estate projects without the hurdles of traditional lending processes.
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Entrepreneurshiplife
2M
78
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What Are the Signs It’s Time to Speak With a Psychiatrist in LA? 5 Key Indicators to Know
- Knowing when to seek help from a psychiatrist is crucial for managing stress and worries, especially in cities like Los Angeles.
- Signs indicating the need for psychiatric support include persistent feelings of sadness or anxiety that disrupt daily life.
- Changes in sleep patterns or appetite, such as sleeping too much or too little, can be warning signs.
- Unexplained physical symptoms like headaches or stomach pain could be manifestations of underlying mental health issues.
- Difficulty managing stress and everyday tasks, along with severe mood swings, may necessitate professional help.
- Severe mood swings and rapid changes in emotions can impact daily functioning and relationships.
- Recognizing signs early and seeking help from a mental health professional can lead to improved well-being.
- Changes in sleep, appetite, or mood over time can indicate the need for additional support.
- Seeking advice from a psychiatrist can help individuals understand the causes of emotional changes and learn to manage them effectively.
- Requesting help when emotions or behaviors disrupt daily life can bring about real improvements in mental health and overall well-being.
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Minis
12M
2.2k
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Zomato shares Plunge! Macquarie predicts 50% crash amidst JioMart's bold move
- Zomato shares dropped over 3% as Macquarie forecasted a near 50% decline due to fierce competition in quick commerce. The projected price target is ₹96, signaling a potential 46% drop.
- Macquarie has retained its "Underperform" rating on Zomato since May last year. The firm’s bearish stance stems from intensifying competition and market challenges.
- JioMart's upcoming 30-minute grocery delivery service is set to shake up the market. Starting next month in eight cities, it aims to expand rapidly, challenging Zomato's dominance.
- While Macquarie predicts downside risks for Zomato's Blinkit, Goldman Sachs values it higher than Zomato’s core business. Blinkit's revenue doubled, reaching ₹769 crore, and it turned EBIT positive in Q1.
- Zomato reported a net profit of ₹175 crore for the March quarter, bouncing back from a ₹188 crore loss. Despite Friday's dip, the stock has soared over 150% in the past year.
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Minis
12M
1.7k
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Zomato vs. Swiggy: The Battle for Food Delivery Supremacy Heats Up!
- Despite Swiggy outpacing Zomato in revenue till FY23, Zomato remains the trailblazer, pioneering the food delivery market and setting the benchmark by going public first.
- Zomato's impressive 67% revenue surge in FY24 highlights its dominance, leaving Swiggy grappling to match its scale and justify its pricing strategy.
- In the fierce battle for users, Zomato reigns supreme with over 30 million monthly active users and a staggering gross order value of $3.1 billion. Swiggy trails with 24 million MAUs and a GOV of $2.6 billion.
- Abhishek Ginodia of Altius Investech reveals Swiggy's ace in the hole – its quick commerce segment. However, this advantage comes at a cost, slashing its contribution margin by 50%.
- While Swiggy's food delivery services have turned profitable, its quick commerce arm, Instamart, bleeds losses, casting a shadow over Swiggy's impending IPO valuation compared to Zomato's soaring success.
- The stage is set for an epic showdown as Swiggy gears up for its $1.25 billion IPO, with both giants vying for supremacy in India's booming food delivery market!
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Minis
1y
1k
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In my lowest points I doubted if women can be founders: Sugar CEO
- SUGAR CEO Vineeta Singh disclosed her early struggle with the lack of female role models. Despite reading extensively on entrepreneurship, none highlighted women.
- Reflecting on her lowest points, she confessed doubting women's entrepreneurial capabilities. Singh, co-founder of SUGAR Cosmetics, stresses the importance of diverse representation in entrepreneurial stories.
- Her journey highlights the necessity of showcasing women's achievements to inspire future generations of entrepreneurs and foster inclusivity in the entrepreneurial landscape.
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Minis
1y
5.7k
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Now the joke is you cannot become a CEO in America if you are not Indian: US Ambassador Garcetti
- US Ambassador to India Eric Garcetti praised Indian immigrants, stating that 1 in 10 CEOs of Fortune 500 companies are Indian immigrants who studied in the US.
- He humorously remarked that the old joke about Indians not becoming CEOs in America has been reversed, highlighting their significant contributions to companies like Google, Microsoft, and Starbucks.
- Garcetti assured Indian parents of students studying in the US about their safety and well-being, emphasizing the country's commitment to supporting them. He underscored the availability of resources, including mental health support, for students far from home.
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Minis
1y
831
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Zoho’s Sridhar Vembu says this helps entrepreneurs make ‘a billion dollar biz'
- Zoho's Sridhar Vembu emphasizes a crucial shift in mindset for Indian entrepreneurs, urging them to prioritize research and development (R&D) to foster the growth of substantial enterprises.
- Drawing parallels with both Western and East Asian successes, he highlights the significance of investing in specialized metallurgy, essential for manufacturing items like nail clippers and dental instruments.
- Vembu's insight underscores the need for India to elevate its focus beyond commodity steel and embrace the development of specialized alloys. This strategic shift, he suggests, is pivotal for Indian businesses to compete on a global scale and potentially build billion-dollar ventures.
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Minis
1y
948
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Meet Brett Adcock, the new AI robot billionaire
- Entrepreneurial visionary Brett Adcock, CEO of Figure, has swiftly ascended into the ranks of billionaires with a calculated blend of innovation and ambition.
- Armed with over $750 million in funding, his company's valuation soared to $2.6 billion, cementing his wealth at an estimated $1.4 billion. Adcock's pioneering work in humanoid robotics, underscored by collaborations with BMW and OpenAI, heralds a new era of automation.
- Despite hurdles in refining robot mobility and production costs, Adcock's journey from farming to finance exemplifies resilience and adaptability. Backed by industry giants like Microsoft and Nvidia, Adcock is poised to redefine the landscape of labor and technology.
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Minis
1y
1.1k
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If Satya Nadella stayed over, he could build Indian Microsoft: Nilesh Shah
- Kotak Mahindra executive Nilesh Shah highlighted a shift in Indian talent dynamics, noting that historically, many migrated abroad for opportunities, but this trend is evolving.
- He pointed to Satya Nadella as an example, stating, "Satya Nadella went abroad and now he is running Microsoft. If the same Satya would have stayed over, maybe he would have created a mini Microsoft in India."
- Shah emphasized that today, more talent is choosing to remain in India, signaling a significant change in the landscape.
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21 Likes
Minis
1y
631
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From Alwar to WiJungle: Karmesh Gupta's Entrepreneurial Journey
- Karmesh Gupta, a tech-savvy entrepreneur from Alwar, Rajasthan, co-founded WiJungle with his cousin Praveen Gupta, revolutionizing cybersecurity with an all-in-one platform.
- Their journey, marked by initial setbacks and relentless determination, led WiJungle to a staggering Rs 250 crore valuation and national acclaim.
- Recognized by prestigious organizations like CIO Review and NASSCOM, WiJungle's innovative approach earned international recognition, including selection by Google for its digital accelerator program.
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Minis
1y
1.1k
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Software engineer quits job to revive cold-pressed oils; hits Rs10 crore revenue
- Manohar Iyer left his tech career to revive cold-pressed oils in Bengaluru. Starting Saptham in 2019, he's now earning Rs 10 crore annually, aiming for Rs 25 crore in FY25.
- Recognizing the decline of traditional extraction methods, he combined tradition with innovation, setting up factories and using social media for marketing. With 14 oil varieties and upcoming flour milling, Saptham targets to cover most kitchen needs.
- They employ 80 staff, offer benefits, and aid other entrepreneurs in the industry. Manohar's vision extends to nationwide expansion, aiming to rejuvenate the cold-pressed oil market.
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Minis
1y
1.3k
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286 Cr in 150 days: How Rahul Rai left IIT and struck gold in crypto
- Rahul Rai's unconventional journey from IIT Bombay to Wall Street led to crypto success. Leaving IIT for Wharton School, he honed skills in high finance at Morgan Stanley.
- Returning to India in 2020, Rai co-founded Gamma Point Capital, a crypto fund. Within five months, they sold it for 286 crore rupees (about $38 million) to BlockTower Capital.
- Rai's daring move paid off, now managing a $150 million crypto fund, protecting clients' assets even in tough times.
- His journey underscores the growing prominence of cryptocurrency and the potential for young entrepreneurs. With Rai's expertise and passion, he continues to shape the crypto landscape, aiming to be at the forefront of its revolution.
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30 Likes
Minis
1y
1.2k
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This is best time to invest in India for entrepreneurs worldwide: Zoho’s Sridhar Vembu
- Zoho’s CEO, Sridhar Vembu, emphasizes that now is prime for global entrepreneurs to invest in India, citing its vibrant economy and potential for sustained growth.
- Speaking on various platforms across India, he notes a rising trend of Indians abroad returning home, highlighting a FAANG engineer's decision to move back to rural India. Vembu underlines India's emergence as a global supply chain hub and Zoho's commitment to investing in indigenous R&D-driven enterprises.
- He encourages solving technology gaps locally, affirming support for ventures aligned with India's development. Welcoming returning expatriates, Vembu expresses optimism for their contributions to India's progress.
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