Family pressure for Entrepreneurs in Madurai

Parents say no to risks for Madurai Small Startups

Mr.X(name hidden for privacy) resigned his day job and plans to start a company of his own in Madurai.

X is a married man, with dependants including his wife, son, dad and mom.
When a young professional resigns his day job, takes risks - there is lot of oppositions and negative advocacy from all sides. Parents think from a conservative perspective and non-risky thinking of sticking to a job and getting salary and living a normal life.

It is good to have devil's advocate, when we are having an idea and we are going to execute the same. However, it is difficult to have all of them all the time. Those inputs has to be considered for improvement, but not to impediment any success steps.

If you have a brilliant idea, which you think will be a success in the market, considering your market research; if you have a business plan to execute the plan, which is reviewed by experts and they and you think that it is a good idea, if executed properly. Then nothing should stop you from executing this idea.

My friend X is going through this phase and he is starting a company of his own. I wish him success in his venture and "Made in Madurai" is backing up his business with funding.

Shri Balaji Agencies - LPG Distributor in Madurai

If you have lived with your family sometime during last 25 years in Madurai, you might have definitely used Shri Balaji Agencies's service.

Yes, they are the leading pioneering distributor of LPG (Cooking Gas) for households in and around Madurai.

Read about Shri Balaji Agencies here -

We are the leading LPG Distributor in this temple town of Madurai. For the past 23 years we have been rendering yeoman service to the LPG consumers in and around Madurai. Today we stand tall because of your unstinted support and patronage.

We earnestly thank all our customers who have been with us all through our trials and tribulations.

We solicit your continued support and valuable feedback to continually improve and upgrade our services to meet your requirements.

Here is the contact info

Difference between satisfied customers and loyal customers: Madurai Business Execution Tips

How can you differentiate between your satisfied customers and your loyal customers? Here are eight ways. They are equally relevant to your external customers as they are to your internal employee customers.

1.Pricing. You negotiate prices with satisfied customers. You negotiate costs with loyal customers.

2.Payment. Satisfied customer pay at their discretion. Loyal customers pay on time.

3.Referrals. Satisfied customers become referrals of your competitors. Loyal customers willingly provide referrals to you.

4.Turnover. Generally, you will experience turnover rates of 15% or higher of satisfied customers. The turnover rate of loyal customers will be less than 5% and will be for reasons out of your control.

5.Competitive data. Your satisfied customers are seeking competitive data. Your loyal customers are sharing competitive data.

6.Perception. Satisfied customers perceive you as a commodity provider. Loyal customers perceive you as a partner.

7.Contract. You will need a contract to keep many satisfied customers in place. You have a virtual lifetime contract with your loyal customers.

8.Difficult times. Satisfied customers will leave you. Loyal customers will stay by your side.

Madurai Spinners Associaion say NO to Cotton waste export

The Madurai Spinners Association has called for halting export of cotton waste as it had an adverse impact on the industry resulting in closure of units.

After changes in the technology, cotton wastes gained value-addition. Many subsidiary units with two and three open spinning frames with investment in the order of Rs. 1 crore in small scale industry emerged employing a large work force.

He said that at present, owing to a scarcity of short staple fibres, open end spinners across the country were behind cotton waste generated in spinning mills.

Read more

What is the plan to put up, if an NRI wants to go back to Madurai, India?

You are an NRI or NRM? You always think about your home town, your home country. You are home sick. You are sick of your host country, where you have migrated? You think you will be better off, if you go back to Madurai(your home town or your home country). and do your own business.

If you are an NRI/NRM and wants to go back to Madurai, here is the plan I would suggest:

1) Have an AIM/GOAL written down in a single page. Let it be very short and sweet. Discuss your aim and/or goal with your spouse and children(if more than 10 years old).

2) Have a written personal and business plan, specifying your short-term, medium-term and long-term aims and plans on executing them.

3) Have a risk management plan. that is plan-B. What if, it did not work. Have Plan-C. What if, your plan-a and plan-b did not work!?

4) Build immovable assets, before you return back. For example, buy land or house in Madurai.

5) Have money generating assets in Madurai. For example, you should not be doing much work, but you should be getting some money for running the family. Say - a rent from a house you have rented to somebody else. Say - a rent from a commercial complex in Madurai.

6) Have a huge emergency fund. Deposit it somewhere, so that you either get a monthly income out of it and make sure it is liquid OR it can be a long-term growth deposit.

7) Have a retirement plan and fund it periodically. Have an insurance plan. If anything happens to you, what happens to your family. Be prepared for htat.

8) Have good amount of initial investment money for your business you are starting.

9) Be sure you are hardworking, consistent with your goals. Update your goals and plans as you proceed.

10) Be passionate with what you are doing and what you have planned to do. If you are passionate and if you love what you do, no one can stop you from your SUCCESS.

Madurai Automobile Dealership: SG Jayaraj Group

Mahindra Scorpio is the most wanted SUV (automobile) in and around Madurai area.
Here is one successful dealer of Mahindra Scorpio in Madurai!

SG Jayaraj Group, Madurai

Established in 1940. SGJ Group, Madurai - sell and service leading brands like Mahindra, Swaraj, Hindustan motors, Bajaj Tempo, L&T, Vikram, LML, Etc. Today with ISO 9001:2000, certainly it is a feather in our cap ! They have won all India No.1 in Service Customer Satisfaction for M&M dealership in F2003 and F2004. Madurai M&M dealership is an award winner of South India No.1 in Sales Satisfaction Index of M&M in F2003 and F2005.

Few achievements:
* Tamil Nadu no.2 in Mahindra Scorpio sales during 2003-2004.
* First ISO 9002 certified automobile dealership company in
Tamil Nadu since 1998 and it has been updated and
recertified with ISO 9001:2000 version.
* Largest seller of Mahindra LCV (passenger) in India
for more than 10 years.
* Tamil Nadu no.1 in Mahindra pickups and Mahindra
Cabking/Loadking sales.
* All India no.6 in Bajaj Tempo Minidor (commercial three wheeler)
sales in October 2003.
* Tamil Nadu no.2 in Bajaj tempo trax pickups and tempo excel sales
F-2004 next to Coimbatore .
* South India no.3 in Swaraj tractor sales for the past few years.

Check out SGJ Group

Start a software product or services company serving Small and Medium Businesses in Madurai and India

Right time to start a software product or services company serving Small and Medium Businesses in Madurai and India

There are two factors which are haunting me.

One is -
Yahoo's news that Yahoo Software Development Pvt Ltd, India is keen to partner with entrepreneurs.
If you have a very good application software, local search engine, or any locally serving application, Yahoo is ready to look
into it and buy it or partner with us.

Even, Yahoo is ready to partner with the entrepreneur.

Check out this article in Business Line

Another one is -

Based on a recent statistics, there is going to be 21% increase in IT expenditure in Small and Medium Businesses in India.

That means, if you have a software company, which would serve with products and services to small to medium businesses in India,

then it would be the BEST.

You have a huge potential!!!

Think about it - Come with an idea and get going on serving Small to Medium Businesses. This will make sure you gain with the curve and get profited in Madurai and eventually in India.

Madurai IT Park supporting/ancillary/associated business growth

Madurai IT Park supporting/ancillary/associated business growth


Once you Madurai IT Park is built, there are lot of possibilities for starting supporting/ancillary/associated business.

You don't need to be a software guy to enjoy the benfits of Madurai IT Park.
You could start a small business of your own capacity like restaurant, retail shop of anything of demand etc.,

The small business I am talking about could be any supporting business for the residential and working community in the new area of Greater Madurai.

As someone had said, start the business when the economy is shining and starting to grow. You will also grow with the economy and all the developments happenning around the area.

For example, you could start a cleaning service, security service, administrative service, transport service for the buildings and community of Madurai IT park area.

Services business sounds like a good idea to start with.

1) Have a taxi service in madurai and take the upcoming demand for transport at your side.
2) Have a security human resources company, where in you can provide security personnels to the buildings and companies.
3) Start a computer hardware services company, which would serve the computers in the software companies.
4) Start a cleaning service, which would serve the human resources to maintain the buildings and the area.

There are lot of ways to gain yourself with the madurai growth. The choice is upto you!!!

Madurai Health Business - Fitness Centre/Center - Madurai GYM

Considering the health consciousness among the people in Madurai these days, opening a Fitness Centre(center) OR Madurai GYM in Madurai is a good idea. If you see the madurai roads in the morning, there are lot of people walking in the main roads and in the residential areas.

It is a good idea to walk and it avoids any heart diseases in future. Having these people in mind, youngsters and wishing-slim-body ladies in mind, a sophisticated gym in madurai is a lucrative idea.

You just have to do investment initially to get the equiptment and space.
In order for maintenance and operations, it is going to cost lesser than you think. So it is only initial investment.

Think about this GYM idea for your business in Madurai!!!

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A BETA version of iMadurai - a madurai directory is built and published starting today.

We believe, for all your madurai directory needs, this would be very helpful.

As we have specified, the website iMadurai.com - A Free Madurai Directory is in BETA. That means - there would be errors. If you find it, please let us know and we will fix it. This is a FREE non-profit service to Madurai community and business people.

In order for your Madurai Business to improve, any updates to the directory can be sent to maduraitimes@gmail.com

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Madurai Entrepreneurship help: Small Business in Madurai

If you need advice about your new small business in Madurai, consult the following to get more details... They are registered organizations from government to help individuals start and run small businesses in Madurai.

Centre for Entrepreneurship Development - CED, Madurai

CED-SIPO,
Campus No. 4, T.B.Road,
Madurai-625010

Tel : 0452-2602388(O)/2602476(P)
Telex : 0445-310-SSPIN
Fax : 0452-2602455
Contact : Member Secy.

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MADITSSIA - Madurai District Tiny and Small Scale Industries Association
Dr. Ambedkar Road, Madurai - 625 020, Phone : 2523966 Fax : 452 - 2523967
E-mail : info@maditssia.com; maditssia@sify.com;


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CII Madurai Branch

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LIST OF ENTREPRENEURSHIP DEVELOPMENT INSTITUTES in Madurai and other parts of India

Shri A.K. Srivastave (Director)
Institute of Entrepreneurship Development (UP) A 1 & 2 Sarojini Nagar, Industrial Area, Kanpur Road,
Lucknow-226008 (UP)


Sh. G. Nagraju (Director)
Centre for Entrepreneurship Development of Karnataka, “West View” UB Hills, Near D.C. office,
Dharward-580007


Sh. B.V. Rathod (Director)
Maharashtra Centre for Entrepreneurship Development A-38, MIDC near Railway Station
Aurangabad-431005


Sh. P.N. Mishra, (Executive Dir)
Centre for Entrepreneurship Development, 60 Jail Road, Jahangirabad, Bhopal-462008


Sh. B.P. Rayaguru, (Director )
Institute of Entrepreneurship Development, IEDO, Plot No. 123, Sector-A, Zone-A,
Mancheswar Industrial Estate (near Postal Printing Press)
Bhubneswar-751010 Orissa


Sh. P.A. Ramaswamy, (M.D.)
Kerala Industrial & Technical Consultancy organisation Ltd., P.B. No. 1820, Ravipuram,
M.G. Road, Cochin-682016


Sh. P.C. Gupta, (Executive Dir.)
H.P.C.E.D., Udyog Bhawan, Bemloe, Shimla-171001


Dr. R. Jaya raman (Member Secy.)
Centre for Entrepreneurs Development, CED SIPPO Campus No. 4,
T.B. Road, Madurai-625010


Sh. Prasanna Kumar, (IAS)
Haryana Institute of Public Administration, 76, HIPA Complex, Sector-18
Gurgaon-122001


Sh. D.K. Sharma, (Jt. Director)
Entrepreneurship and Management Laboratory Building, 22 Godown, Industrial Area-1
Jaipur-302019


Smt. K. Rama Devi, (President,)
CED an undertaking of Association Andhra Pradesh, 3-5-1091/15
Narayanaguda, Hyderabad-500029


Member Secretary,
J&K Entrepreneurship Development Institute (J&K, EDI)
O/o Directorate of Industries & Commerce, Exhibition Ground, Residency Road,
J & K Govt. Jammu/ Srinagar


Sh. Lakshman Prasad (Executive Dir)
IED Bihar, B.S.F.C. Building, 5th floor, Fraser Road, P.B. No. 114,
PATNA-800 001


Dr. V.G. Patil, (Vice-President & Director,)
EDII, (Near Village Bhat, Via Ahmedabad Airport, & Indira Bridge,
P.O. Bhat, Ahmedabad-382428, Gandhi Nagar, Gujrat