Things you must know before starting your business in India – Robin Moses, Founder CEO; Reach Accountant

Start business

Start business

Probably, Having faced one too many surprises in the 8 years of entrepreneurship ( 4 years with Reach Tax ), I’ve got so very used to living with “surprises” and “uncertainties”, I actually had to think for a good 15 minutes to find what I can refer to as “surprises” I’ve just listed below few of my learning which surprised me when I started up! .

1. I could find happiness everywhere, but success only in my domain.

I”™ve tried my hand on selling too many things. Although I graduated as a Chartered Accountant, I quickly discovered that practicing accountancy was not my cup of tea. ”œ I liked to sell ”. I gave up my Tax Practice and started selling. I started my career selling Merchant Acquisition Terminals, then Credit Cards, then Banking Liabilities, then Pappads, then Ice creams and finally Tax Preparation Services. Though I derived happiness from all the careers, I hit success only when I started selling a product of my domain ( Taxes ). When I tried to make a business out of a product/service out of my domain, I remained unsuccessful.

2. People who appreciate your freeware, do not necessarily buy from you when you start business.

When I came up with flavoured pappads ( appalams ), I liked it. I distributed free samples. 70 out of 100 people whom I gave samples to liked it. But the ones who liked it did not necessarily buy. ”œ Buying ”œ is not directly proportionate to ”œ Liking ”. Many of us would like orkut/FB. But if you have to pay for it, Im sure many would back out. I had one friend of mine who worked with Visa. He was essentially all praise for the Online Tax Preparation Product which I asked him to test, He kept mentioning that I should get this patented and also praised its User Interface. Ironically, Last tax season he did not file using the application. Reason? He had to spend 250 bucks on it? Never Know.

3. Customers may not essentially like what you like.

Ive come out with products which I felt was fantabulous. But when I went to the market, customers felt otherwise. I personally felt my SMS accounting product was irresistible, because we had a transaction based pricing. However the market felt otherwise.

4. It’s easier to sell your business, than what your business sells.

When I wanted to franchise, I had many thoughts in mind. We did not have a strong brand to franchise. Our Commercials on T.V hardly brought us any customers. But surprisingly, I found quite a handful of takers for the franchisee ( inspite of the initial cost of Rs. 5 Lakhs ). I had the privilege of choosing my partners. When I was fighting hard to sell my product, selling my business ( as franchisee ) was much easier.

5. Customer is always right, but not always.

Customer is not always right. I have seen some strange customers complain with a mere objective of delaying payments. Being a service company, we have found it extremely hard to match the Customer Expectations to our Service Delivery Standards, I have been surprised by the fact that some customers react strangely when being billed.

6. The ”œGod” factor.

Thanks to the ”œGod Factor” Many times, we lose a ring, but we seldom get knocked out! Ive seen that many decisions which are taken quickly based on our intuition works much better than decisions taken out of logic and intelligence. My decision to partner with MVP was one such thing. Surprisingly its the God Factor which guides us.

Here is the Bonus:

If you are starting up like me, Here is my contribution to your business, A Free Accounting Software which you can use! Please use it and don’t forget to share your feedback with me at robin@reachaccountant.com

91 Comments
  1. I enjoy the efforts you have put in this, thanks for all the great articles.

  2. Good write-up, I am regular visitor of one’s website, maintain up the nice operate, and It’s going to be a regular visitor for a lengthy time.

  3. But a smiling visitant here to share the love (:, btw outstanding style .

  4. Dead pent articles, regards for selective information. “No human thing is of serious importance.” by Plato.

  5. I like the valuable info you provide in your articles. I will bookmark your blog and check again here frequently. I am quite certain I will learn many new stuff right here! Good luck for the next!

  6. I like the helpful information you provide in your articles. I’ll bookmark your weblog and check again here frequently. I am quite sure I will learn many new stuff right here! Best of luck for the next!

  7. Great – I should definitely pronounce, impressed with your web site. I had no trouble navigating through all the tabs and related information ended up being truly easy to do to access. I recently found what I hoped for before you know it at all. Quite unusual. Is likely to appreciate it for those who add forums or anything, site theme . a tones way for your client to communicate. Excellent task.

  8. Some genuinely excellent blog posts on this internet site , regards for contribution.

  9. My wife and i ended up being really fortunate Peter managed to carry out his investigation from the ideas he discovered using your web site. It is now and again perplexing to just continually be releasing guidelines which often others could have been making money from. And now we know we need the website owner to thank for that. The type of illustrations you made, the easy blog navigation, the friendships you make it easier to engender – it’s everything astonishing, and it is making our son and the family feel that the matter is satisfying, which is particularly serious. Many thanks for the whole lot!

  10. I do accept as true with all the ideas you have introduced in your post. They’re really convincing and can certainly work. Nonetheless, the posts are very quick for novices. May you please lengthen them a little from next time? Thanks for the post.

  11. I and my guys have been looking at the great information on your web site while suddenly came up with an awful feeling I had not expressed respect to the website owner for those tips. Most of the boys had been for this reason thrilled to learn them and have extremely been taking advantage of them. Many thanks for truly being simply helpful as well as for getting varieties of smart subjects millions of individuals are really needing to discover. My personal honest apologies for not expressing gratitude to you earlier.

  12. http://angielski.cf 2 years ago

    Excellent read, I just passed this onto a friend who was doing a little research on that. And he actually bought me lunch because I found it for him smile Therefore let me rephrase that: Thanks for lunch! “How beautiful maleness is, if it finds its right expression.” by D. H. Lawrence.

  13. http://angielski.gq 2 years ago

    I haven’t checked in here for a while as I thought it was getting boring, but the last few posts are good quality so I guess I will add you back to my everyday bloglist. You deserve it my friend 🙂

  14. http://angielski.gq 2 years ago

    I simply had to say thanks once again. I am not sure what I might have undertaken in the absence of the actual tactics discussed by you relating to that question. This has been a real frustrating crisis in my view, nevertheless being able to view a new expert approach you dealt with the issue made me to leap for happiness. Now i’m happier for your guidance and thus sincerely hope you recognize what an amazing job you are always accomplishing instructing the mediocre ones via your site. More than likely you’ve never come across all of us.

  15. I don’t even know how I ended up here, but I thought this post was good. I do not know who you are but certainly you are going to a famous blogger if you are not already 😉 Cheers!

  16. http://chrzantarty.gq 2 years ago

    I was reading some of your content on this internet site and I believe this website is very instructive! Retain putting up.

  17. I truly enjoy reading through on this internet site , it has fantastic posts . “We find comfort among those who agree with us–growth among those who don’t.” by Frank A. Clark.

  18. You have brought up a very superb points , thankyou for the post.

  19. Heya i am for the first time here. I found this board and I find It really useful & it helped me out much. I hope to give something back and help others like you aided me.

  20. puissance sexuelle 2 years ago

    What i do not realize is actually how you’re not really much more neatly-favored than you may be now. You’re so intelligent. You know therefore significantly in terms of this subject, made me individually consider it from so many various angles. Its like men and women aren’t fascinated except it’s one thing to accomplish with Girl gaga! Your own stuffs great. At all times take care of it up!

  21. I just couldn’t leave your web site prior to suggesting that I extremely loved the usual info a person supply in your visitors? Is gonna be back steadily in order to investigate cross-check new posts.

  22. http://drukuv.ga 2 years ago

    Definitely believe that which you said. Your favorite justification appeared to be on the internet the simplest thing to be aware of. I say to you, I certainly get annoyed while people consider worries that they plainly don’t know about. You managed to hit the nail upon the top and also defined out the whole thing without having side effect , people could take a signal. Will likely be back to get more. Thanks

  23. erectie stimuleren 2 years ago

    I simply desired to thank you so much all over again. I’m not certain what I would have followed without the entire tactics revealed by you on my topic. It had been a very intimidating crisis in my view, however , discovering the very skilled fashion you dealt with that took me to jump with joy. I am just thankful for the support and then have high hopes you comprehend what a powerful job you’re carrying out training others through your web site. I know that you haven’t come across any of us.

  24. zaadlozing vergroten 2 years ago

    What i do not understood is in fact how you are no longer actually much more smartly-preferred than you might be now. You’re so intelligent. You recognize thus significantly in terms of this topic, made me in my opinion consider it from numerous varied angles. Its like women and men are not involved unless it’s one thing to do with Woman gaga! Your own stuffs excellent. At all times care for it up!

  25. Just a smiling visitor here to share the love (:, btw outstanding style and design .

  26. Thank you, I have just been searching for info about this topic for a long time and yours is the best I have found out so far. However, what in regards to the conclusion? Are you sure concerning the source?

  27. I simply could not depart your web site before suggesting that I extremely enjoyed the standard information a person provide for your guests? Is going to be back regularly to check up on new posts.

  28. Dead indited content material, regards for selective information. “You can do very little with faith, but you can do nothing without it.” by Samuel Butler.

  29. Thanks for sharing excellent informations. Your web site is so cool. I am impressed by the details that you’ve on this website. It reveals how nicely you understand this subject. Bookmarked this web page, will come back for more articles. You, my friend, ROCK! I found just the information I already searched all over the place and just couldn’t come across. What a perfect web-site.

  30. Excellent beat ! I wish to apprentice while you amend your site, how could i subscribe for a blog site? The account helped me a acceptable deal. I had been tiny bit acquainted of this your broadcast provided bright clear idea

  31. I’ll immediately grasp your rss feed as I can’t to find your e-mail subscription link or newsletter service. Do you have any? Please let me know so that I may subscribe. Thanks.

  32. Some truly fantastic posts on this site, appreciate it for contribution.

  33. Simply wanna comment that you have a very nice website , I the pattern it actually stands out.

  34. obróbka metali 2 years ago

    You have brought up a very excellent points , thanks for the post.

  35. Hello, Neat post. There is an issue with your site in web explorer, may check this… IE still is the marketplace leader and a huge component to other folks will omit your wonderful writing because of this problem.

  36. You have remarked very interesting details! ps nice web site.

  37. Thanks for helping out, excellent information.

  38. As soon as I found this website I went on reddit to share some of the love with them.

  39. F*ckin’ remarkable things here. I am very satisfied to peer your post. Thank you a lot and i’m taking a look ahead to touch you. Will you please drop me a e-mail?

  40. I like this web site so much, saved to bookmarks. “I don’t care what is written about me so long as it isn’t true.” by Dorothy Parker.

  41. I like this post, enjoyed this one appreciate it for putting up.

  42. But wanna admit that this is very helpful , Thanks for taking your time to write this.

  43. I consider something genuinely interesting about your blog so I saved to favorites .

  44. I really enjoy examining on this site, it holds great content . “Something unpredictable but in the end it’s right, I hope you have the time of your life.” by Greenday.

  45. http://lib-tech.cf 2 years ago

    Some genuinely fantastic posts on this site, regards for contribution.

  46. http://sitewire.eu/ 2 years ago

    Simply want to say your article is as surprising. The clarity in your post is simply excellent and i could assume you’re an expert on this subject. Well with your permission let me to grab your feed to keep updated with forthcoming post. Thanks a million and please continue the rewarding work.

  47. You have remarked very interesting points! ps decent web site.

  48. http://sitewire.eu/ 2 years ago

    I genuinely enjoy reading on this website , it holds great content . “Dream no small dreams. They have no power to stir the souls of men.” by Victor Hugo.

  49. But wanna tell that this is extremely helpful, Thanks for taking your time to write this.

  50. I really appreciate this post. I have been looking all over for this! Thank goodness I found it on Bing. You have made my day! Thx again!

  51. But wanna input that you have a very nice web site , I like the style and design it really stands out.

  52. Just wanna input on few general things, The website design and style is perfect, the articles is very wonderful : D.

  53. Good – I should certainly pronounce, impressed with your site. I had no trouble navigating through all tabs and related info ended up being truly easy to do to access. I recently found what I hoped for before you know it at all. Quite unusual. Is likely to appreciate it for those who add forums or something, site theme . a tones way for your customer to communicate. Excellent task.

  54. I loved as much as you’ll receive carried out right here. The sketch is attractive, your authored material stylish. nonetheless, you command get bought an impatience over that you wish be delivering the following. unwell unquestionably come more formerly again since exactly the same nearly very often inside case you shield this hike.

  55. Very nice post. I just stumbled upon your blog and wished to say that I’ve really enjoyed surfing around your blog posts. After all I’ll be subscribing to your rss feed and I hope you write again soon!

  56. Usually I don’t read article on blogs, but I wish to say that this write-up very pressured me to try and do it! Your writing taste has been surprised me. Thank you, very nice post.

  57. http://fr.sitewire.eu 2 years ago

    Enjoyed looking at this, very good stuff, appreciate it. “Love begets love, love knows no rules, this is the same for all.” by Virgil.

  58. http://fr.sitewire.eu 2 years ago

    I conceive you have mentioned some very interesting points , thanks for the post.

  59. I like the valuable info you provide in your articles. I’ll bookmark your weblog and check again here frequently. I am quite certain I’ll learn lots of new stuff right here! Good luck for the next!

  60. I dugg some of you post as I cerebrated they were handy invaluable

  61. you are in reality a good webmaster. The website loading speed is incredible. It kind of feels that you’re doing any unique trick. In addition, The contents are masterwork. you have done a wonderful task on this topic!

  62. Simply a smiling visitor here to share the love (:, btw outstanding design .

  63. I’ve been surfing online more than 3 hours today, yet I never found any interesting article like yours. It’s pretty worth enough for me. In my view, if all website owners and bloggers made good content as you did, the internet will be much more useful than ever before.

  64. A lot of thanks for all your effort on this web page. Kim enjoys doing investigation and it’s easy to see why. I know all of the dynamic tactic you create very important guides by means of the website and as well attract contribution from visitors about this topic plus our own princess is really learning a lot. Have fun with the remaining portion of the year. You’re conducting a brilliant job.

  65. I truly appreciate this post. I’ve been looking all over for this! Thank goodness I found it on Bing. You have made my day! Thank you again!

  66. I dugg some of you post as I cerebrated they were extremely helpful invaluable

  67. I do trust all the ideas you’ve offered in your post. They are very convincing and can definitely work. Nonetheless, the posts are too quick for novices. May you please prolong them a bit from subsequent time? Thanks for the post.

  68. But wanna say that this is very helpful , Thanks for taking your time to write this.

  69. my response 2 years ago

    I just want to say I am beginner to blogging and site-building and actually savored you’re blog site. Most likely I’m likely to bookmark your website . You actually have impressive articles. Thank you for revealing your web site.

  70. certainly like your web site but you need to take a look at the spelling on several of your posts. A number of them are rife with spelling problems and I in finding it very troublesome to inform the reality nevertheless I’ll surely come again again.

  71. Thanks for the sensible critique. Me and my neighbor were just preparing to do a little research about this. We got a grab a book from our local library but I think I learned more from this post. I’m very glad to see such wonderful information being shared freely out there.

  72. Very interesting info!Perfect just what I was searching for!

  73. go to article 2 years ago

    I just want to mention I’m beginner to weblog and certainly savored you’re web blog. Probably I’m want to bookmark your blog . You absolutely come with amazing article content. Bless you for sharing with us your web-site.

  74. same day cash loans 2 years ago

    Good information. Lucky me I found your blog by accident (stumbleupon). I have book marked it for later!|

  75. There may be poldysbswd noticeably a bundle to know about this. I assume you made certain nice factors in features also.

  76. Adriana 2 years ago

    Hello there! I study your content from a long time. I always love doing it because I nonetheless find out something fresh and exclusive. I am actually grateful that you publish the articles.

  77. LaraJHatchel 1 year ago

    Great information. Lucky me I ran across your web site by accident (stumbleupon).

    I’ve bookmarked it for later!

    my homepage … LaraJHatchel

  78. RyanEGacusan 1 year ago

    Aw, this was a really good post. Taking a few minutes and actual effort
    to generate a very good article but what can I say I put things off a whole lot and never manage to get nearly anything done.

    my web site; RyanEGacusan

  79. I really like your writing style, good information, regards for putting up : D.

  80. Thank you, I have just been searching for info about this topic for ages and yours is the best I’ve discovered till now. But, what in regards to the bottom line? Are you positive in regards to the source?

  81. Just desire to say your article is as amazing. The clearness in your post is simply spectacular and i can assume you’re an expert on this subject. Well with your permission let me to grab your feed to keep up to date with forthcoming post. Thanks a million and please continue the gratifying work.

  82. Thanks for helping out, fantastic information. “Whoever obeys the gods, to him they particularly listen.” by Homer.

  83. Magnificent website. Plenty of useful info here. I am sending it to a few pals ans also sharing in delicious. And naturally, thanks on your sweat!

  84. I as well as my guys ended up analyzing the nice guidelines found on your web site and then all of the sudden got an awful feeling I had not thanked the site owner for those strategies. These boys had been as a consequence passionate to learn them and have now quite simply been having fun with those things. Many thanks for indeed being well considerate and for selecting some superb resources millions of individuals are really eager to discover. My sincere regret for not saying thanks to earlier.

  85. Thank you for your whole labor on this website. My mother enjoys making time for internet research and it is easy to see why. Almost all know all regarding the compelling tactic you make invaluable guidance on this web site and therefore inspire participation from other individuals on that issue so our own simple princess is always being taught so much. Enjoy the remaining portion of the year. You are conducting a remarkable job.

  86. I dugg some of you post as I thought they were extremely helpful very helpful

  87. Some really prize content on this site, saved to favorites .

  88. naturally like your website however you need to test the spelling on several of your posts. Several of them are rife with spelling issues and I find it very bothersome to inform the truth then again I’ll surely come again again.

  89. Look 1 year ago

    Wow! This could be one particular of the most useful blogs We have ever arrive across on this subject. Actually Fantastic. I’m also a specialist in this topic so I can understand your hard work.

  90. See 1 year ago

    Simply wanna remark that you have a very nice web site , I the design and style it actually stands out.

  91. best pron 1 year ago

    tffZFK What type of digicam was used? That is definitely a really good good quality.

Leave a reply

Your email address will not be published. Required fields are marked *

*

Log in with your credentials

Forgot your details?