Creating value…

i really didn’t write anything here from very long time.. i can give list of causes but who cares.. !!

So today , i was talking to some of my old friends , at Cafe Durga near BVP, and we started discussing about the entrepreneurship..aha.. my favourite topic.

So Deepak was sharing his experience about the Innovative product that he tried to develop at his workshop.
He had develop some prototype small scale WindPower generate , his target customer is farmers. He and his dad was working on it and they have set the some target budget which the product should not cost beyond that.

After compition of the product in tight budget , they tested it by installing it on there workshop’s roof.. and result were not up to the mark. He mention some technical problem … which obviously i couldn’t get it because of my Only-Comp background.

So while discussing this , we talked about what should be priority of individual person should have … money or value.. ?

According to deepak , first and most important thing is that business or product should make money for its promoter or creator.. , but i was trying to explain him about how individual should first concentrate about the Value his product or business create to its customer/users… then after that money is obvious thing that is gonna follow. ( very much in the style of Guy Kawasaki )

of course couldn’t convince him..  because he don’t want to get convince with this as he was very frustrated with failure ..

May be next week i will give a look at his product.. ( even though he don’t want me too.. ) and wish that he would let me help him…

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One thought on “Creating value…

  1. I had attempted to build something like this a year back. About a 100 people tried to convince me that it won’t work: technically and economically. But I guess I just had to try and fail.

    About the value part: I think the product does create value for the farmers. It reduces the dependence on the grid power, which is IMO a great plus. But of course, it’s not cost effective, and the pay-back time is over 20 years 🙂

    Anywayz, do send this to your friend –
    https://www.zephyreco.co.jp/en/contact/dealers/dealer.html
    The Indomax guys (Marketing partners for Zephyr) are based in Pune, and are really helpful.

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