Mistakes are a part of being human. Appreciate your mistakes for what they are precious life lessons that can only be learned the hard way. Unless it’s a fatal mistake, which, at least, others can learn from – Al Franken
Blog
-
Mistakes are painful when they happen
-
Keep Your Money Safe: Avoid Chain-money Schemes
Saradha, Speak Asia, QNet, City Limouzine, StockGuru India, Sahara, MPS Greenery, NMart Retail… All these start as hot, new, investment opportunities and as alternative careers that offer high earnings and ways to escape the drudgery of 9-to-5 jobs. But, eventually, most of them fetch only small additional income and, worse, encourage you to lure and mislead your closest friends and relatives. You need to know how multi-level marketing (MLM) schemes and ponzis can destroy a large chunk of your savings or push you into debt. Understand the mechanics of these schemes, the laws that are applicable to them and why regulators fail to rein in dubious enterprises before they cheat thousands of people. Understand the basics of how to keep your money safe—the first step to smart investment! Collective investment schemes are not even under SEBI’s regulation.
In-case you plan to attend then please mention that you got this information on NetworkingEye.com
Date: SEPTEMBER/20/FRIDAY Registration: 3:30pm
Session Time: 4pm – 6pm,Venue: Moneylife Foundation Knowledge Centre,
305, 3rd Floor, Hind
Service Industries Premises,
Off Veer Savarkar Marg,
Shivaji Park, Dadar (W),
Mumbai – 400 028. Landmark: Chaityabhoomi lane.NO ADMISSION FEE, Prior registration is a mustContact: Seraphina / Komal at 022-49205000 or
email them at [email protected]This event is in Mumbai. Please register only if you really intend to attend. We request you to inform us if you change your mind. We appreciate this little consideration for maximizing our reach.
-
Life isn’t about finding yourself..Life is about creating
Many of us take an active part in the different areas of our life, however possibly few of us take active part in producing ourselves. We typically let forces like our peers, our family, and our circumstances, condition us, instead of taking advantage of the control we has more than who we are, and shaping ourselves into the kind of individual we want to be.
-
there are two ways of spreading light
There are two ways in which people can live their life. They can either follow their heart and do what they want, or they can simply follow others. If your are the candle, then you can light the world yourself, or you can be the mirror lighting the world with someone else’s light.
-
Amway India manufacturing plant to be operational by 2015
Amway India, direct selling FMCG company, prepares to operationalise its brand-new production facility at Nilakottai in Tamil Nadu by 2015.
The building at the site has already begun and the industrial operation at the center is most likely to commence by mid-2015,” said Diptarag Bhattacharjee, vice-president, east, Amway India.
Total investment in around Rs 500 crore to start the plant & the same will cover 49 acres of land.
Amway India, which is currently providing 142 items in five classifications of personal care, house care, nutrition & health, cosmetics and high value products, and at the same time they are procuring some of the items through third-party agreement producers.
Amway India intends to take its net sales income in India to about Rs 6,000 crore by 2020.
Last year, the business clocked a turnover of Rs 2,288 crore in the India, compared to Rs 2,130 crore in 2011.
It eyes a development rate of five percent in 2013 compared to seven per cent in 2012.
-
Tupperware Looking Forward To get into Online Sales
US-based direct sales company Tupperware is eyeing the online platform to sell its range of storage containers.
Asha Gupta, Managing Director, Tupperware India, stated, “Since we already have about 1 million fans on our Facebook page, we want to take advantage of this by creating apps to recognize the nearby distributor for our clients. We have actually always been thinking about entering online selling officially for customer convenience.”.
In the United States, Tupperware gets 2 per cent of its profits from online sales. In India it might be issue of time prior to it formally starts using it as an extra distribution network.
In fact, some portals are already selling Tupperware items after obtaining items from its distributors. Its items are quickly spotted even at retail stores in spite of the business not being offered straight to retailers.
Besides, Tupperware has also chosen to enter brand-new classifications such as water purifiers solely for the Indian market. It now plans to take its water purifier brand TupperSure to emerging markets such as Indonesia, South Africa, Russia and Brazil.
Its water cleansers are manufactured at its centers in Dehradun and would possibly function as the base for supplying it to the remainder of the arising economies across the world.
On categories such as cosmetics and nutraceuticals, Gupta stated “it may refer time however in the long term new categories such as nutraceuticals will get added”. In India, the southern markets continue to generate the bulk of sales for Tupperware. “In the south, customers are not price sensitive and are more quality conscious,” stated Gupta.
-
Amway positive of accomplishing Rs. 6,000 cr turn over by 2020
Amway India is aiming to attain Rs. 6,000 crore turnover by 2020.
Attending media-persons by William S Pinckney, MD and Chief Executive Officer, Amway India at company’s contract manufacturing facility on Thursday, said:.
“Direct selling market in India is showing a healthy and balanced development, which is in around 22 %.”.
“Besides, world-class high quality item, allowing internet orders coupled by normal TELEVISION campaigns, have been significant growth motorists for Amway. Going by the marketplace trend, we are aiming to touch Rs. 6,000 crore by 2020.”.
To meet the increasing demand, Amway announced its initial Greenfield production center in the nation with a financial investment of Rs. 550 crore.
-
Nmart: Police Again Arrested Gopal Singh Shekhawat
Gopal Singh Shekhawat, MD of NMart was again arrested and taken into custody by the Aurangabad police. He was arrested for alleged cheating case. This time he was wanted by the Kranti Chowk police, where a group of 39 people had lodged a complaint against him.
Shekhawat, had earlier surrendered before the Ongale court in Andhra Pradesh in connection with similar cases against him. After the surrender, he was in judicial remand and lodged in the Ongale district jail for 130 days. After that Kranti Chowk police approached the Ongale jail authorities.
Kranti Chowk police, approached the Aurangabad court seeking direction for the Ongale jail authorities to hand him over them. After that he was produced before the Aurangabad court on Thursday evening and remanded to police custody till September 7.
-
MLM distributors In Kerala to Stage Hunger Strike on Onam Festival
KOCHI: People who are associated with MLM sector in Kerala are facing regular harassment by the authorities. Specially women distributors and families of workers of network marketing business will go on a protest throughout ‘Onam’ festival on September 16 in front of the secretariat in Thiruvanathapuram.
As a last hope, women distributes and others associated with same mlm business have chosen to go on a protest on September 16. If the government falls short to address their complaint after the strike, the agitation will be heightened as reported by Distributors Protection Council members.
They stated this was a “wake up” call to the state government, which was “sleeping” over the issues dealing with the mlm market.
Almost a year back, Kerala Authorities had launched raids against various MLM business, which includes Amway, Modicare, Mona. vie to name a few and close down offices of all Direct selling companies operating in MLM model.
Though Chief Minister Oommen Chandy had promised to take essential actions to resolve the concern, which had an effect on over five lakh households in the state, nothing had been initiated in the last 10 months.
MLM market has been running in Kerala since 1995 providing self employment opportunities to lakhs of individuals, primarily women. Over 60 per cent of active members in this market are women. From 1995 to 2011, different governments came to power, where they just supported and encouraged this sector.
The government had actually gained over Rs 2,500 crore in Sales Tax alone in the last 15 years from the mlm sector, where company is done just through sale of items. In 2009-10 financial, over Rs 250 crore had actually gone to the state exchequer by way of sales tax from mlm sector itself.
The police action which started after UDF came into power had led to a loss of over Rs 500 crore for the exchequer as well as rendered more than 5 lakh families unemployment, they stated.
While business model was being successfully operated in different nations and accepted in all other Indian states, it was hard to understand why Kerala Government alone was hell bent on shutting the sector, the members said.
