Between a Rock and a Hard PlaceMeaning:Being faced with two difficult choices.
Like to be or not to be. Or to do or not to do. This or that or that or this? The mind becomes so fickle that we just sit on the horns of the dilemma and think there are more than two options still open to us and we are unable to make up our mind is still wandering and undulating between the baggage and Bagasse’ (sugarcane remains after we suck out the juice) of the PAST and thinking we are so FUTURISTIC and What great Dreams we have that what I have right now is the FOCUS ! How wrong we are !
In the RedMeaning:Losing money. Being in debt
it is a very bad situation to be in. I was there too. Nearly bankrupt and I decided that I shall pay off every one by selling everything I have. The trick was to Take a Loan after selling every thing and paying off small creditors in full and negotiating with large debtors payment terms – delayed dates etc. Having One large bank or banker always helps. Being an ex banker I know how bankers dread Bad Debts and NPAs. They would go out of their way to help and assist – not all, but some. Those some actually become our Rescuers. I tried to live a life debt free and God has been kind – he gives me enough to sustain and I demand no more.
Right Out of the GateMeaning:Right from the beginning; to do something from the start.
Startpreneurs must learn this lesson about Right out of the gate. And that one lesson is if the plinth of your business is laid on the dishonesty, poor value system and no Conscience – you will not last long. That first stone in the plinth of your business will be your epitaph and knowing what you are doing Jay Parkhe may stop mentoring you ASAP ! . I do believe that start ups , SMEs have to break rules sometimes. They have to keep their principles aside and in Indian conditions have to bribe officials, purchase managers in large corporates sometimes but allowed to go on for long periods this can also severely hurt their future business prospects.