Know Your CEO

Know Your CEO A single stop to know A CEO. Inviting CEO's to take our KYC-Questions. Also infused with Different Job Role management tip.

23/04/2018

How many of you have a Flowboard in your workplace called The Error Board?

In my company, we maintain something called The Error Board wherein we fill our Day to Day Departmental Operational Mistakes.

We then keep correcting the Process and Move ahead.
We capture from every department right from Sales, Operations, Accounts, Tech, Marketing, Customer Success etc.

It really helps us Reduce error in the ongoing Processes.

What do you think?

23/04/2018

Did you know- Airbnb means - Air Bed and Breakfast.
To help fund the site, the founders created special edition breakfast cereals.
In March 2009, the name of the company was shortened to Airbnb.com, and the site's content had expanded from air beds and shared spaces to a variety of properties including entire homes and apartments, private rooms, castles, boats, manors, tree houses, tipis, igloos, private islands and other properties.

23/04/2018

I use SendPulse for Mass Mailers and PRs. Why should you use this?
1. It's free of Cost until 2500 Email Addresses
2. Easy to use. You can create HTML Email Templates- Without any knowledge of HTML.
3. Post-Analytics report is good.
4. Have used other service providers, Here the choice of Template is Huge.
5. I mass Mail 534 Customers, wherein the Open Rate is 63% and Click Through is 35%, Fills my lead requirement. It's rightly Inboxed.
6. You Can Schedule Emails for a different date and time.
7. You can Resend Emails to Not-Open Email Contact.
8. You can Design Landing Page as well as
8. Life Savour for Startups.



Anything comparable to that is Available? Please recommend-

03/08/2017

The common question that gets asked in business is, ‘why?’ That’s a good question, but an equally valid question is, ‘why not?’ – Jeff Bezos, CEO of Amazon

In this ever-changing society, the most powerful and enduring brands are built from the heart. They are real and sustainable. Their foundations are stronger because they are built with the strength of the human spirit, not an ad campaign. The companies that are lasting are those that are authentic. – Howard Schultz, CEO of Starbucks

The world is changing very fast. Big will not beat small anymore. It will be the fast beating the slow. – Rupert Murdoch, CEO of 21st Century Fox

01/08/2017

1. Why don’t you tell me about yourself?

This question, often the interview opener, has a crucial objective: to see how you handle yourself in unstructured situations. The recruiter wants to see how articulate you are, how confident you are, and generally what type of impression you would make on the people with whom you come into contact on the job. The recruiter also wants to learn about the trajectory of your career and to get a sense of what you think is important and what has caused you to perform well.

Most candidates find this question a difficult one to answer. However, the upside is that this question offers an opportunity to describe yourself positively and focus the interview on your strengths. Be prepared to deal with it.

There are many ways to respond to this question correctly and just one wrong way: by asking, “What do you want to know?” You need to develop a good answer to this question, practice it, and be able to deliver it with poise and confidence.

The right response is twofold: focus on what interests the interviewer, and highlight your most important accomplishments.

What is CIN?Whenever you will look at Company’s details, you would see a CIN i.e Company Identification Number. As the n...
24/07/2017

What is CIN?

Whenever you will look at Company’s details, you would see a CIN i.e Company Identification Number. As the name suggests, every company that is incorporated in India is given a unique code at the time of its incorporation which is called the Corporate Identification Number (CIN) of that company.

This code is given irrespective of whether the company is a listed company, private company, public company or One Person Company.

You can look for CIN of the companies in a corporate directory. CIN is also mentioned on the letter head of the company.

Can a Company’s CIN change?

Yes. CIN is the number with which you identify a company. Typically CIN is to remain with the company for a lifetime but in few cases, the CIN of the company may change:

Change in State where registered office of the company is situated
The listing status of the company changes
The industry of the company changes
The company becomes public limited from private limited or vice versa


Breaking the CIN Code

CIN is not a random alphanumeric 21 digit code given to companies. It infact, stores vital information in it. Let’s understand it by an example:

CIN


As shown in the Image Attached, the CIN Number is basically divided into 6 parts. Each part contains some information about the Company:

1. First Digit represents the listing status – A Company may be either listed or unlisted. First Digit of the CIN indicates the Listing status of the company. If the company is listed, It will be mentioned “L”, if the company is unlisted, it will be mentioned “U” as the first digit of the CIN.

2. Next Five Digits represents the Industry Code – Depending on the business line chosen by the company, the Company selects an industry in which it intends to operate. Accordingly, a suitable industry code is allotted to the company.

3. Next Two Digits represents the State Code – These digits represent the State in which the registered office of the company is situated. Therefore, it helps us know which Registrar or ROC is applicable with respect to the company.
For Example: If the company has been registered in Maharashtra, the Code would be “MH”. In case, the company shifts its registered office to some other place later, the CIN would change due to change in the State Code.

4. Next Four Digits represents the year of incorporation of the Company – These digits represents the year in which the company was incorporated. By looking at the CIN of the company, one can tell that the year in which the company was incorporated.

5. Next Three Digits represents the type of the company – These three digits specify the type of the company. A company may be any of the following:
– Public Limited Company (PLC)
– Private Limited Company (PTC)
– Government of India Company, Centre (GOI)
– One person Company (OPC)
– Company of State Government (SGC)
– Section 8 Company – Not for Profit (NPL)

6. Last Six Digits – These last digits define the ROC Registration Number of the company. They are unique numbers given to every company at the time of incorporation by the ROC in which they are registering. This number depends on the ROC in which the company is registering and also the Industry which has been allocated to it.
This is what the 21 digit CIN Code comprises of. Next time you see CIN of a company, there would be many things that you should be able to tell just by looking it! 🙂

- By TOFLER, Blogging and Media

24/07/2017

THINKING TO START A COMPANY? A Must Read-

What is the most difficult question that VCs ask and what is the best way to tackle it ahead of time?

What is your hole?

“The classic VC role is that of an interrogator, trying to break you for a key secret. But it doesn’t have to be that way. Folks who watch the TV show “Shark Tank” know this feeling. Time after time, a well-rehearsed entrepreneur goes through his pitch, and everyone loves it. But the Sharks (VCs) keep poking at the startup until they finally find a hole. Maybe the company has zero revenue, a poor growth strategy or a weak CEO. Know your weaknesses better than your strengths. Before our first VC meetings, my team sat down and asked each other “gotcha” questions until we were all experts.”

—Neil Thanedar | CEO and Founder, LabDoor

How are you different?

“With proper due diligence and competitive analysis, you should be able to make a case for how you differ from other folks in the marketplace. How can you prove that you have a truly unique value proposition? What is it about your offering, your approach, your technology and your team that makes your company able to achieve and execute on this opportunity? ”

—David Ehrenberg | Chief Financial Officer, Early Growth Financial Services

How much is your company valued at?

“The reason why determining the valuation of your company is so difficult is because there is no right answer. On the one hand, you need to be realistic, but on the other hand, you do not want to undervalue your company, as the VC may think something is wrong. The best way to handle this question, and most others that arise when negotiating with a VC, is to do all you can to have several VCs interested in your company. Like in most negotiations, if you have several interested parties, they may bid against each other, which will allow you to obtain the best terms for you and your company.”

—Doug Bend | Founder/Small Business & Startup Attorney, Bend Law Group, PC

What’s your customer acquisition cost?

“The best way to tackle this question is to show reasonable estimates for customer acquisition, using well-researched numbers and reasonable conversion rates. If you can’t explain how you are going to acquire customers for less than what you sell them on average, at a fundamental level, you have failed to explain your business.”

—Patrick Curtis | Chief Monkey and Founder, WallStreetOasis.com

When are you paying me back?

“There are many entrepreneurs with amazing ideas. Ideas are a dime a dozen, but ex*****on is everything. Every investor will ask you when and how he will recoup his investment. What experience do you have? What is your track record? Before going into a meeting with a VC, make sure to tell him about your experience, your track record and, most importantly, how you will recoup his money. Lots of people pitch the idea before the finances. Pitch the finances and how the VC will make money; if he asks you a question, then you got him to bite — now it’s all about your elevator pitch. ”

—Ak Kurji | Chairman & CEO, Gennex Group

Why won’t a huge corporation build something like this?

“VCs will ask, “Why won’t a huge corporation build something like this and use their existing customer base and capital to capture market share?” The best way to defend against this is to have technology and intellectual capital that the company will want to acquire, rather than destroy. ”

—Matt Wilson | Co-founder, Under30Media

Why hasn’t this worked before?

“Zaarly raised $14.1 million in a Series A in fall of 2011. But it was a question earlier that spring from Marc Andreessen in our pitch meeting that gave our founding team the most pause, “Why do you think this hasn’t worked in the past?” We didn’t have a great answer — more of a hunch really that mobile technology didn’t exist to allow distribution of information in real time previously. But the question forced us to examine our predecessors who had tried and failed to learn what landmines to avoid. Our lesson: Know your landscape and learn from prior failures and success. ”

—Eric Koester | Founder, Zaarly

How do you define success for you and your company?

“VCs want to invest in founders who are dedicated to “hitting a home run.” If you’re satisfied with building a small company, that’s a big red flag for VCs. As we’ve all heard, a number of founders have said yes to exits their VCs wanted them to say no to. Other founders have taken the middle ground by cashing out some of their shares to secure their personal finances, and then continued to go big. Either way, VCs want to invest in founders who are focused on a disruptive, game-changing product/idea. This is a vital point to keep in mind as you consider whether funding is right for you.”

—Mitch Gordon | CEO/ Co-Founder, Go Overseas

Do you know [insert company]? Why not?

“Anytime a VC throws out the name of a potential competitor that you don’t know or haven’t looked into, it can throw you off balance for a minute. The fact is, it may be a company that you don’t think is a viable competitor, so you don’t know much about it. The best way to tackle it: Tell them the truth, “We looked at our key competitors and that company did not meet the criteria. But we’ll look into it further after this meeting.” The key is to maintain control of the conversation because it shows you can handle a curveball. ”

—Benish Shah | Co-Founder/CEO, Vicaire Ny

What is your plan to grow?

“The most difficult thing to explain to an investor is your plan to grow. They want to know how you’ll outdo everything you’ve already done. Prep by picturing your future: What staffing or product creation will help you have the business you want to have?”

—Brian Moran | Founder/ Director of Online Sales, Get 10,000 Fans

Why haven’t you gotten traction?

“The best way to handle that question is by not approaching VCs until you have achieved traction. Venture capital should be looked at as an accelerator for existing success, not as a runway extender to get it right.”

—Brent Beshore | Owner/CEO, AdVentures

Debt or equity?

“Many investors will know going into a deal whether they want preferred stock or a convertible note. Sometimes, however, they will leave it up to the company. Angel investors, in particular are likely to leave it up to the company as the more sophisticated party. For the company, this is an opportunity to maximize the value of the investment, but they must also be wary of getting off on the wrong foot with the investor by being overly aggressive or appearing uninformed. A crash course in VC deals and a good deal lawyer will make sure you maximize the former and mitigate the latter. ”

—Peter Minton | Founder & President, Minton Law Group, P.C.

From an Empty Stadiums in Playoffs to Entire Nation Glued in Finals. Well Played Girls. New Era of Women Cricket Starts....
23/07/2017

From an Empty Stadiums in Playoffs to Entire Nation Glued in Finals. Well Played Girls.
New Era of Women Cricket Starts.

Here are 10 unknown yet interesting facts about Indian Women’s Cricket team:

1. Jhulan Goswami has the most ODI wickets in Women’s Cricket. She has 185 ODI wickets.

2. India have never lost an ODI against Pakistan, Bangladesh, Ireland, Netherlands or Denmark.


3. Mithali Raj is only the 2nd women to score over 5000 ODI runs. She scored 5898 runs in ODIs.

4. Jhulan Goswami has taken the 2nd highest number of outfield ODI catches in women’s cricket. She has taken 53 outfield ODI catches in her career so far.

5. Poonam Raut and Deepti Sharma have the highest ODI partnership in women’s cricket. They scored 320 runs vs Ireland as a pair.

6. Indian skipper Mithali Raj has played the 2nd highest number of ODIs in women’s cricket. She played 179 ODIs.

7. Smriti Mandhana has never been dismissed for a duck in an ODI.

8. Mamatha Maben has the best bowling figures by a captain in ODIs. She has 6/10 vs Sri Lanka. Her bowling is a pleasure to watch for every Indian cricket lover.

9. Mithali Raj went 7 years without being dismissed for a duck. She went from 2000 to 2007 years without scoring a zero.


10. Deepti Sharma has the 2nd highest individual ODI score in women’s cricket. She has made 178 runs in an innings.

- Team KYC

WOMAN POWER - I may be calm at home, but I'm aggressive at work: Schauna Chauhan Saluja, CEO Parle Agro-Ever since she j...
23/07/2017

WOMAN POWER - I may be calm at home, but I'm aggressive at work: Schauna Chauhan Saluja, CEO Parle Agro-

Ever since she joined her family business, she's been a major catalyst in morphing the scale and growth of the company. Today the inspiring Schauna Chauhan Saluja is a metaphor for young India - confident, progressive and a visionary.

Her daily fitness routine

"My regimen usually includes 30 minutes of cardio and 30 minutes of resistance training. An hour a day is sufficient for me. I don't push myself to do more. I try to train for six days a week but that is difficult. Even if I do it for four days, I feel satisfied."

Alternative to workout

"Sometimes I replace my workout with something else like tennis, squash or swimming. I have tried Bollywood dancing, schwinn cycles, zumba, martial arts, step classes and aerobics. I prefer variety so sometimes, I take a group exercise class and on other days, I do cardio or muscle training. If I am travelling, I skip exercise. Playing a sport or having any other activity that you enjoy adds some change to your routine.

Soundtrack for fitness

"Music plays a big role when I am exercising. There have been times where I have not exercised because I was not carrying my music. I usually listen to trance, pop music and a lot of remixes of songs."

Diet plan

"I don't adhere to a strict food plan but my routine comprises a good breakfast, lunch and a light dinner. To avoid snacking, keep some fruits or biscuits with you. I enjoy eating broccoli, eg ..

Family
She is married to actor &tennis player, Bikram Saluja and the couple have a son Jahaan (who still a toddler).

What is the culture that you have set for your company?

We start as early as 8.30 and get done at 5pm which give our employees a lot of time to strike that perfect work-life balance. You must not work more than the closing hours of the office which we encourage. We encourage people not to work longer. To prove you work long hours, you are not proving anything, in fact, you are less productive.

Lesser Know facts about Flipkart-Cover of Binny Bansal and Sachin Bansal, Co founder of Flipkart1. Just like Sachin, Bin...
21/07/2017

Lesser Know facts about Flipkart-
Cover of Binny Bansal and Sachin Bansal, Co founder of Flipkart

1. Just like Sachin, Binny Bansal is also from Chandigarh and both went to the same school, but they are not related in any way except for being an integral part of the Flipkart family.

2. Although the two became close friends at IIT-Delhi, Sachin and Binny were not good friends as children despite being in the same school.

3. Before joining Amazon just a year after Sachin Bansal, Binny was rejected twice by Google. However, he worked at Sarnoff Corporation, where he created a sensor for cars to warn if it changed lanes without giving a signal.

4. Sachin Bansal is an amazing gamer. Back then, if you beat him, the dinner was on him. I never got to play with him yet. He was always busy.

5. Apart from being an avid reader and a Salman Rushdie fan, Binny is also a sports enthusiast. He captained the basketball team in school and college. He is also said to have a keen interest in adventure sports.

6. Sachin Bansal is an amazing gamer. Back then, if you beat him, the dinner was on him.

7. The new Flipkart office at Cessa Business park has 11 floors, all the floors are themed i.e Tech, Books, Fashion, Architecture, Music, Movies, Bollywood, Sports, Games, Advertising.

8. During Big Billion Day, Sachin, Binny, & others delivered the products to some of the customers.

9. You might have heard about an Indian hacker who found a bug in Facebook and got rewarded. He works for Flipkart. His name is Anand Prakash.

10. There was a time when FlipKart used to operate out of an office which had a rent of like 8,000/- per month. It had no power backup, no AC, and almost no-windows. Customer service was always kick ass, despite all adversities.

11. Flipkart became profitable at some point of time with an initial investment of less than 5L from founder's savings. (Great benchmark for entrepreneurs looking to build a frugal startup)

12. Tiger made a cold call on their customer support number to reach out to Bansal-duo to make an investment offer.
- Partial by ScoopWhoop and Gnana Shekar, Co-founder at The Gameplay | Ex- Flipkart | Entrepreneur | Source Quora.

Address

Gurugram
122001

Telephone

9654577952

Website

Alerts

Be the first to know and let us send you an email when Know Your CEO posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Know Your CEO:

Shortcuts

Share

Category