6 A’s DhAnAnjAyA jAy PArkhe© Daily


via 6 A’s DhAnAnjAyA jAy PArkhe© Daily

Dark Poetry by Jay©


Sadness is but a wall between two gardens

You once promised for eternity
shed not a tear
for it is written,
an instant, in a flash
for soulless you

Me? A tormented heart

Word of the day


WORD OF THE DAY
Madeleine
MAD-ə-len
Part of speech: noun
Origin: French, early 19th century
1

A small, shell-shaped cake

2

Something that evokes a memory

Examples of Madeleine in a sentence

“She served her favorite dessert, the madeleine, at her friend’s baby shower.”

“A scent can be a powerful madeleine, bringing up strong memories from years ago.”

Startpreneur©


We lived in Bhopal the State Capital of a Newly carved state in 1958.  My father was a Government servant and mother a housewife.  She has passed Intermediate and was trained Montessori Teacher but had never practised.

She and her friend Tai Nafde found a need in the new township of T.T. Nagar for a kindergarten / pre-school / play school cum creche’ in this developing cosmopolitan suburb full of Government employees transferred from Maharashtra, UP, Bihar, Southern India.

The Old town had its own system of education and there were developed systems.  The two ladies spoke to the neighborhood and decided to start a ‘BALAK MANDIR’ – initially a playschool cum creche’ and slowly began admitting students for nursery and kindergarten.  They had just about 30 kids to begin with.  The timings were from 10 AM till 5pm and if parents wished to take kids home early they were flexible.

The fees were nominal INR 2 per month which was affordable and they did not provide any food or milk/ vegetables – it was to be provided by the parents.

This was our first experience of Entrepreneurship. I was 5 years of age and was preparing to go to the school when this venture started. It worked very well and began getting famous and growing so much so that my mother and her friend both began running independent Balak Mandirs at their own homes and the demand was still growing.

One day, my aunt who was a Director of Tribal Welfare landed into our home with her beautiful smart looking lady friend who arrived in a long Impala ( Chevrolet) or something like that of a car I remember it was open hood and very long with a chauffeur).  They discussed with my mum and her friend for an hour and by evening my mother decided to give up the Balak Mandir to her friend as she was Offered a Job in the Government’s Education Department as a Teacher for KinderGarten project which the State was starting.  The lady was Director of Public Instructions DPI as she was called – was an ex-Royal from Bhopal family and a powerful persona.

This was my earliest memory and inception into Entrepreneurship.  My mother continued in Government service and post-retirement worked for Vanvasi Kalyan Ashram and Shabri Kanya Ashram in Raipur and interior Chhattisgarh teaching small children till the end.  That was her mission and purpose of life and she dedicated it for the cause.  I met several girls from age 2 -22 in her hostel who were mainly from NorthEast and my mum was their Didi/ Teacher/ Friend/ philosopher and guide.

The mother’s friend continued with her Balak Mandir and did it without many expansions – she was content having a batch of 30-35 children which she could manage with the help of two young teachers/ help.  She also did it for many years.

No financial help from anyone,  much to the chagrin of my father and uncle ( my mothers; friends husband the two ladies decided a course – and became successful entrepreneurs.  They also helped many ladies to start similar outfits in other localities as mentors free of charge.

I learnt my second lesson – Mentoring is Free.

A startup is a new company. A startup may be a tech company. A startup is generally a new tech company. A startup is a new, small, tech company.

These are the kind of things we hear every day about startups. Everybody talks about startups but nobody really knows what they are, what their goals are, ect… This is why today, I’m going to define with you

What is a Startup?

In my opinion, a startup is a business, that focuses on growth. This is what the ‘Up’ of Startup means: going up, growth.

Steve Blank defined a startup as an organization made to search for a scalable and repeatable business model and I agree with it.

The size of your business doesn’t define whether you are a startup. You could have a business of 2 or 3 people, that would not make you a startup. You could be a tech company and not being a startup. Why? Because growth isn’t your goal. Growth is what defines startups.

A lot of people say that Uber, AirBnB or Facebook are not startups because they are way too big.  I believe they are still startups because they still focus so much on growth. When Facebook reached 1 billion users, experts said that Facebook couldn’t grow much more. Since, they reached 2 billion users, they have Messenger with 1 billion users, Whatsapp with 1 billion users as well and Instagram with 700 million users. If this is not growth and having a startup mindset, what is it?

Soe What is a startup? This might seem like a stupid question but the answer is not that obvious. I work with startups regularly and find that many actors in the startup ecosystem don’t even know what a startup is. Indeed, we meet startup founders, people working in incubators or accelerators and even investors who don’t really understand what is a startup. This is why, today, I will try to answer some of the questions you may have about startups.

You can find startups emerging everywhere and anywhere you look around you. Now more than ever, startups are flooding the whole marketplace in different parts of the world. In fact, even students are being advised in schools and educational institutions not to wait for their graduation and look for a job. Instead, they are told to work as hard as possible while still studying so that they can make a name for themselves through investing their time in business innovations and startup.

These days, stories and tales of startup business owners and entrepreneurs are often found and seen on the front pages of newspapers and magazines which serve as an incentive or encouragement for more and more people to create and brainstorm ideas which are worthy to invest on.

People consider technological breakthroughs as things which can revolutionize the whole world and open more doors of abundant opportunities to people. This is the reason why more resources and funds are made readily available for the start of feasible businesses and startups.

If you are part of the technology industry or you are residing in a tech hub like Silicon Valley, New York or Hong Kong, chances are you are someone you know is already in the way of creating concepts or launching his/her very own startup. But, let’s be honest, even many people in big startup hubs don’t really understand the startup concept.


Startup: What Is It?

For the longest time, investors have looked at startups as just smaller versions of big corporations. However, this was actually a problem since there is an expansive ideological and even organizational difference between startups, small businesses and large corporations, which calls for varied KPIs and funding strategies.

According to a legend of Silicon Valley and serial entrepreneur, Steve Blank, startups can be best defined as temporary organizations made to search for a scalable and repeatable business model. Argued in the tech industry content, a startup must be short for scalable startup which aims not just to prove the business model but to do it quickly in such a way which will have a dramatic effect on the existing market.

Business startups, or otherwise called startup companies or simply startups, are companies at the initial stages of development of service or product which are believed by the business founders as in demand in the market. These companies are often financed by the founders themselves but since this type of funding cannot be sustained well into the future, it will need extra financing from venture capitalists and investors.

Even though this kind of companies exists in every type of business all over the globe, the term is primarily associated with information technology as well as the launch of numerous internet startups back in the 1990s during the dot-com bubble. Most of the internet startups went down to failure mainly because of the lack of sustainable revenue or significant flaws in the underlying business plans they used.

Some of the internet startups managed to survive even after the bubble burst. Good examples of these include the online bookseller Amazon and eBay, which remains as one of the leading online auction places. A big chunk of this startup activity came from a place in California called Silicon Valley which remains to have plenty of startup company activities up to this day.

A company will cease to be called a startup up once it has already gone through several developments, like being traded in public or being acquired or merged into a bigger corporation which puts a stop to it being an independent entity. However, during an unfortunate turn of event, a startup may fail and stop its operations altogether.

However, your company can still be called a startup even if you raised billions of dollars or if you are publicly traded. For instance, Uber, AirBnB or Facebook are worth billions but are still considered as startups because their pursuit of growth is still what defines them. What is a startup then? A company whose true north is pursuit of growth – no matter how big or how old they are. This is what the ‘up’ of ‘startup’ means: growth.

Kindly leave your Feedforward for us to improve further. Regards. Jay

An exclusive daily alert


An exclusive daily alert
Ø  The press statement of the ministry of external affairs, issued a day after the 2 plus engagement of December 18, is a transcript of the statements of US secretary of state Mike Pompeo, US defence secretary Mark Esper, minister for external affairs S. Jaishankar and defence minister Rajnath Singh to the media in Washington. It was followed by a brief question and answer session. In the  dialogue in Washington, Mr Pompeo suggests that the two countries had practical discussions on not just bilateral matters but on Iran, China, Afghanistan and Pakistan, besides Nepal and Sri Lanka. It appears now the Indians will be posting a liaison officer with the American naval base in Bahrain, from where the Americans militarily oversee the Gulf area. There is to be a link between the two  naval headquarters and the US Indo-Pacific Command. Senior-level participation in deliberations with the Indian military has been solicited from the US CentCom and AfriCom (Central Command and Africa Command).

Ø  Against the backdrop of widespread protests in India against the Citizenship (Amendment) Act (CAA), the US state department has said the rights of minorities and protecting religious freedom are a “core issue” for the Trump administration.  Though the CAA didn’t figure in the India-US 2+2 dialogue between the foreign and defence ministers, external affairs minister S Jaishankar shared New Delhi’s perspective on the law with members of the US Congress. During a special briefing after the 2+2 dialogue, a senior state department official said secretary of state Mike Pompeo had been clear that the US cares “deeply about the rights of minorities and the need to protect religious freedom”. The official, who spoke on condition of anonymity, added: “It’s an integral part of our diplomacy. You see it in the reports we draft every year and the ministerial conference we held the last two years running on international religious freedom, so obviously this is a core issue for this administration and for this secretary.” Against the backdrop of widespread protests in India against the Citizenship (Amendment) Act (CAA), the US state department has said the rights of minorities and protecting religious freedom are a “core issue” for the Trump administration. External affairs minister S Jaishankar shared New Delhi’s perspective on the law with members of the US Congress.

Ø  At least 16 Indian-Americans with valid OCI cards headed to New Delhi from the US experienced some anxious moments at the John F Kennedy airport on Sunday as the national carrier Air India was unable to process their boarding passes since they were not carrying their old cancelled passports.

Ø  Indian envoy to United States Harsh Vardhan Shringla will take over as India’s next Foreign Secretary after incumbent Vijay Gokhale’s term ends next month. Harsh Vardhan Shringla is career diplomat and a member of the Indian Foreign Service since 1984. He has held a variety of positions in New Delhi and abroad. He has served as High Commissioner of India to Bangladesh and Ambassador of India to the Kingdom of Thailand.

 

Ø  The Finance Ministry has declined to share Swiss bank accounts details of Indians saying it is covered under “confidentiality provisions” of a tax treaty signed between India and Switzerland. In reply to an RTI query, the ministry also refused to disclose the details of black money received from other foreign countries.

Ø  Digital and new age technology professionals will be the most sought-after talent among companies in India in the New Year. Demand for people with training in artificial intelligence, machine learning, natural language processing, robotics, blockchain, etc. are seen doubling in 2020 at a time when increasing cost pressures and an uncertain business environment is prompting many companies to go slow on overall hiring across other domains.

Ø  Cybersecurity provider K7 Computing in its second quarter Cyber Threat Monitor (CTM) said that due to lower awareness among companies and cyber users in Tier-2 regions, it has led them to becoming a relatively easier target for cyber criminals across India.  According to the study, Patna registered the highest percentile of cyberattacks at 47% compared to the rest of the Tier-2 cities covered in the study, and higher than any Tier-1 city. Guwahati, Lucknow, Bhubaneswar, Jaipur etc..

 

Ø  The Securities and Exchange Commission is investigating German automaker BMW, a company spokesperson confirmed Monday by Wall Street Journal. The news organization reported the investigation is regarding BMW’s sales practices, specifically whether the company is “punching” its sales. A company spokesperson confirmed BMW has been contacted by the SEC, however declined to provide further comment on the ongoing investigation. Sales “punching” can be when a dealer, sometimes at the behest of an automaker, self-registers cars as loaners, and later sells them as used with little mileage on them. It can assist dealers in hitting company targets or automakers in achieving sales titles.

Ø  Boeing announced Chairman David Calhoun will replace David Muilenburg as CEO next year. Calhoun has been on the company’s board for a decade but unlike Muilenburg, he isn’t an engineer. The change comes as the company is grappling with the fallout of two fatal crashes of the 737 Max.

Ø  The House Judiciary Committee says it could draft and recommend “new articles of impeachment” against President Trump if additional evidence is revealed by former White House counsel Don McGahn. McGahn’s testimony is “relevant to the Committee’s ongoing investigations into Presidential misconduct and consideration of whether to recommend additional articles of impeachment,” the panel’s lawyers write. Democrats have been fighting for months to enforce a subpoena for McGahn to testify as part of the impeachment proceedings in Congress.

Ø  Automakers such as GM, Ford and Mercedes-Benz cut thousands of jobs and restructured operations globally to save billions in 2019. The collapse of the global auto industry a decade ago has not been forgotten by the automakers amid slowing vehicle sales and fears of an economic slowdown heading into the 2020s.

Ø  The press statement of the ministry of external affairs, issued a day after the 2 plus engagement of December 18, is a transcript of the statements of US secretary of state Mike Pompeo, US defence secretary Mark Esper, minister for external affairs S. Jaishankar and defence minister Rajnath Singh to the media in Washington. It was followed by a brief question and answer session. In the  dialogue in Washington, Mr Pompeo suggests that the two countries had practical discussions on not just bilateral matters but on Iran, China, Afghanistan and Pakistan, besides Nepal and Sri Lanka. It appears now the Indians will be posting a liaison officer with the American naval base in Bahrain, from where the Americans militarily oversee the Gulf area. There is to be a link between the two  naval headquarters and the US Indo-Pacific Command. Senior-level participation in deliberations with the Indian military has been solicited from the US CentCom and AfriCom (Central Command and Africa Command).

Ø  Against the backdrop of widespread protests in India against the Citizenship (Amendment) Act (CAA), the US state department has said the rights of minorities and protecting religious freedom are a “core issue” for the Trump administration.  Though the CAA didn’t figure in the India-US 2+2 dialogue between the foreign and defence ministers, external affairs minister S Jaishankar shared New Delhi’s perspective on the law with members of the US Congress. During a special briefing after the 2+2 dialogue, a senior state department official said secretary of state Mike Pompeo had been clear that the US cares “deeply about the rights of minorities and the need to protect religious freedom”. The official, who spoke on condition of anonymity, added: “It’s an integral part of our diplomacy. You see it in the reports we draft every year and the ministerial conference we held the last two years running on international religious freedom, so obviously this is a core issue for this administration and for this secretary.” Against the backdrop of widespread protests in India against the Citizenship (Amendment) Act (CAA), the US state department has said the rights of minorities and protecting religious freedom are a “core issue” for the Trump administration. External affairs minister S Jaishankar shared New Delhi’s perspective on the law with members of the US Congress.

Ø  At least 16 Indian-Americans with valid OCI cards headed to New Delhi from the US experienced some anxious moments at the John F Kennedy airport on Sunday as the national carrier Air India was unable to process their boarding passes since they were not carrying their old cancelled passports.

Ø  Indian envoy to United States Harsh Vardhan Shringla will take over as India’s next Foreign Secretary after incumbent Vijay Gokhale’s term ends next month. Harsh Vardhan Shringla is career diplomat and a member of the Indian Foreign Service since 1984. He has held a variety of positions in New Delhi and abroad. He has served as High Commissioner of India to Bangladesh and Ambassador of India to the Kingdom of Thailand.

 

Ø  The Finance Ministry has declined to share Swiss bank accounts details of Indians saying it is covered under “confidentiality provisions” of a tax treaty signed between India and Switzerland. In reply to an RTI query, the ministry also refused to disclose the details of black money received from other foreign countries.

Ø  Digital and new age technology professionals will be the most sought-after talent among companies in India in the New Year. Demand for people with training in artificial intelligence, machine learning, natural language processing, robotics, blockchain, etc. are seen doubling in 2020 at a time when increasing cost pressures and an uncertain business environment is prompting many companies to go slow on overall hiring across other domains.

Ø  Cybersecurity provider K7 Computing in its second quarter Cyber Threat Monitor (CTM) said that due to lower awareness among companies and cyber users in Tier-2 regions, it has led them to becoming a relatively easier target for cyber criminals across India.  According to the study, Patna registered the highest percentile of cyberattacks at 47% compared to the rest of the Tier-2 cities covered in the study, and higher than any Tier-1 city. Guwahati, Lucknow, Bhubaneswar, Jaipur etc..

 

Ø  The Securities and Exchange Commission is investigating German automaker BMW, a company spokesperson confirmed Monday by Wall Street Journal. The news organization reported the investigation is regarding BMW’s sales practices, specifically whether the company is “punching” its sales. A company spokesperson confirmed BMW has been contacted by the SEC, however declined to provide further comment on the ongoing investigation. Sales “punching” can be when a dealer, sometimes at the behest of an automaker, self-registers cars as loaners, and later sells them as used with little mileage on them. It can assist dealers in hitting company targets or automakers in achieving sales titles.

Ø  Boeing announced Chairman David Calhoun will replace David Muilenburg as CEO next year. Calhoun has been on the company’s board for a decade but unlike Muilenburg, he isn’t an engineer. The change comes as the company is grappling with the fallout of two fatal crashes of the 737 Max.

Ø  The House Judiciary Committee says it could draft and recommend “new articles of impeachment” against President Trump if additional evidence is revealed by former White House counsel Don McGahn. McGahn’s testimony is “relevant to the Committee’s ongoing investigations into Presidential misconduct and consideration of whether to recommend additional articles of impeachment,” the panel’s lawyers write. Democrats have been fighting for months to enforce a subpoena for McGahn to testify as part of the impeachment proceedings in Congress.

Ø  Automakers such as GM, Ford and Mercedes-Benz cut thousands of jobs and restructured operations globally to save billions in 2019. The collapse of the global auto industry a decade ago has not been forgotten by the automakers amid slowing vehicle sales and fears of an economic slowdown heading into the 2020s.

Random Acts of Kindness


  1. Make someone’s day – tell a friend why you appreciate them
  2. Remember to turn the lights off when you leave a room!
  3. Someone wronged you? Forgive them
  4. Tell a friend about ARK/World Kindness Day
  5. Help someone improve, give them constructive feedback

Ethical Alliance Daily News


Ethical Alliance Daily News 

United Kingdom: SFO close to plea-bargain deal with Airbus over bribery claims
Dec 23, 2019 08:00 pm

The Serious Fraud Office (SFO) is closing in on a deal with Airbus to end a long investigation into claims of bribery and corruption at the plane-maker. The agency is believed to be within weeks of agreeing a record-breaking plea…
Read More  LinkedIn Twitter

Italy: Ex-chairman of Popolare di Bari investigated for alleged corruption: source
Dec 23, 2019 07:30 pm

Prosecutors in the southern Italian town of Bari are investigating the former chairman of Popolare di Bari for alleged corruption in relation to the central bank’s supervisory activity over the failing local lender, a judicial source said on Sunday. Earlier…
Read More  LinkedIn Twitter

Switzerland: Swiss prosecutors charge ex-Ukrainian lawmaker with graft
Dec 23, 2019 07:00 pm

Swiss prosecutors have charged a former Ukrainian lawmaker with money laundering as part of an international corruption probe. Federal prosecutors in Bern said Friday that Mykola Martynenko and an unidentified second Ukrainian are accused of laundering 2.8 million euros ($3.1…
Read More  LinkedIn Twitter

United States: Former Government Consultant Sentenced to 41 Months in Prison for Bribery and Fraud Schemes
Dec 23, 2019 06:30 pm

John Woods, 57, of Washington, D.C., was sentenced to 41 months in prison on charges that he stole more than $560,000 from the company and paid more than $140,000 in bribes to a former D.C. government employee to facilitate his…
Read More  LinkedIn Twitter

Sudan: Sudan opens Darfur investigation into crimes by Bashir regime
Dec 23, 2019 06:00 pm

Sudan has opened an investigation into crimes committed in the Darfur region by members of the regime of ousted former president Omar al-Bashir, the state prosecutor said Sunday. The conflict between pro-government forces and ethnic minority rebels left around 300,000…
Read More  LinkedIn Twitter

United States: US Targets Honduran Lawmaker, Son, Over Alleged Drug Graft
Dec 23, 2019 05:30 pm

Washington on Friday accused a Honduran congressman and his son of alleged corruption and ties to drug trafficking, allegations that the congressman denied. U.S. Secretary of State Mike Pompeo announced the designation targeting Óscar Ramón Nájera via Twitter, citing what…
Read More  LinkedIn Twitter

What is your Motto


We breathe, we live.
Unity brings strength.
Endure and overcome.
In god’s hand, in god’s grace.
Fruits of our labor.
Peace, justice, progress.
Steadfast in duty.
From the grounds to the skies.
Justice, honesty, integrity.
Beyond the skies we rise.

Random Phrases of the Day


  1. Jack of All Trades Master of NoneMeaning: Having suitable skill in multiple things, but not being an expert in any of them.
  2. Jumping the GunMeaning: Something that occurs too early before preparations are ready. Starting too soon.
  3. Goody Two-ShoesMeaning: A smugly virtuous person.
  4. You Can’t Judge a Book By Its CoverMeaning: Don’t judge someone or something only by the outward appearance.
  5. High And DryMeaning: To be left behind; abandoned. Being in a helpless situation without a way to recover.

Wisdom Quotes


Don’t spend your life looking for who you are, instead spend time to create who you want to be.

Life isn’t about finding yourself. Life is about creating yourself. (George Bernard Shaw)

It is impossible to reach perfection, but if we try hard enough we can at least reach excellence.
Perfection is not attainable, but if we chase perfection we can catch excellence. (Vince Lombardi)