Characteristics of an entrepreneur - Coimbatore Entrepreneurship

(1) Inner Drive to Succeed

(2) Strong Belief in themselves

(3) Search for New Ideas and Innovation

(4) Openness to Change

(5) Competitive by Nature

(6) Highly Motivated and Energetic

(7) Accepting of Constructive Criticism and Rejection

Split Tamil Nadu (TamilNadu) into two states? - Chennai and Coimbatore as two capital cities!??

Is it good or bad to split Tamil Nadu into two states?

Well, hold on, hold on...This is only a question. I am not in favour of anything. This article is just an analysis. This is a highly political question.

After the outbreak of the decision of Central government to split Andhra Pradesh, there were lot of celebrations and oppositions from Andhra people from different parts of the state for the decision made. Following that, there were many states in the country asking for splitting their state too. In that, one of them was Tamil Nadu.

Not all of the political leaders were in favour of the split of Tamil Nadu. One of them was PMK party leader Dr.Ramadoss was in favor of the split of Tamil Nadu. Dr. Ramdoss said in an interview that - "While he proposed for the same split of Tamil Nadu long back, there was huge opposition, but there is no one opposing the split of Tamil Nadu NOW. Things have changed and people seem to like it, if proposed. Here is the video of Dr. Ramadoss in a press meet about split of Tamil Nadu. Why did they branch out and bring High Court to Coimbatore? Because - people from south do not have to go all the way to the Chennai city � that is the reason. It is all administrative convenience. Similarly the state can also split and be administered better.� � said PMK Leader Dr.Ramadoss.

What would they do if they split Tamilnadu into two states? North Tamil Nadu and South Tamil Nadu will be two states. There would be equal money contribution from the Center for development of states. Chennai would be the capital of former and Coimbatore would for latter. Obviously, there would be more concentration of improvement in Southern districts of Tamil Nadu, but the integrity as ONE TAMIL NADU will be broken. Will we want that?

The split should not have been talked about, but since the topic has come up, let us analyze it - right? We are not in favour of anybody, but just let us talk about it.

As ONE Tamil nadu, we have been integrated all the time wherever we go. Say - what if someone asks for separate country for Tamil nadu � will you accept it? I guess � it was already asking for? These kinds of proposals will be always there. What is wrong in the current setup as ONE TAMIL NADU as part of ONE COUNTRY INDIA? Why can�t we just live with one tamil nadu state, and as a part of one country India. Why do we have to split it?

Some might argue that � administration will be better and improvement focus can be given to areas which are not given much attention. Quality and improvement of people in those areas can be increased.

In other side, separate administration will lead to a new ministers and have more funds flow and some politicians might favour from it. In other hand � people in the southern districts might also get favoured. Having said that � Did Jharkand or Uttaranchal improve drastically, just because it was split into two states?

Though the topic is very political, the situation is going to be same � even though the split happens.

What I would say is � let us just live with the same setup and live as ONE TAMIL NADU, instead of the split of the state. This will avoid new expenses like elections and doing some personal favors.

Let us try to improve as one state and one country and one mankind world!!

Note: The above is only my personal opinion and does not intend or aim to hurt or spoil or favor anybody or any organization or entity. I have the freedom of speech to express my opinions.

Economy of Coimbatore as of Jan 2010 - a reality check

Please see my previous article about people in coimbatore and their classification based on salaries. That should tell about the different kinds of people in Coimbatore.

I have written a similar article in April of 2009 for Economy of Coimbatore - a reality check in 2009.

At any case - let us check the status now:

One major complaint in Coimbatore economy is there is no major manufacturing divisions started up. Anything started up recently are retail outlets, refined grocery outlets, service outlets of different companies, shops etc., which sell things, insurance, banking etc.,

Only when there are more than 70% manufacturing companies, then only there is a significant improvement in economy of Coimbatore. In fact, there is reduction in number of manufacturing companies. On those days, atleast Fenner was great. But there are countable ones - Fenner, TVS companies etc.,

Every individual who works thinks of a secondary income and gets the compulsion of starting off something by himself, while he does the day job. While this happens, they always end up doing only service stuff and they don't create anything.

It is always only a share of existing money in Coimbatore. Only when outside companies come into Coimbatore and invest and give employment opportunities to Coimbatore people then only we get the actual productivity of Coimbatore and improvement in economy of Coimbatore.

Anyway, overall - it is good for Coimbatore's entrepreneurs to grow with new thinking of starting something of their own.

There has to be big companies coming in and giving employment to 100s and 1000s of people in Coimbatore - then there would be some difference and impact in coimbatore economy. In fact, any government concentration is only on north and not in southern parts of tamil nadu. If they concentrate, then there would be significant contribution from Coimbatore and southern districts as well.

Different Categories of Coimbatore People by Salaries - Economy of Coimbatore

I was talking to some of my friends in Coimbatore and corporate personnel in Coimbatore for the status of Coimbatore. Based on those discussions and interviews, here is my inference for Coimbatore Economy and reality check of the same.

I am not an economist, but just writing my thoughts and putting together my ideas on paper.

Let me classify working people of Coimbatore in different categories based on their salary.

1) Labour people, who work hard in the bottom of the society and get Rs.2500 per month or less.
2) Lower Middle class people, who earn between Rs.2500 to Rs.7000 per month. Families to feed three or more.
3) Middle class people, who earn between Rs.7000 to Rs.15000 per month.
4) Upper middle class people, who earn between Rs.15000 to Rs.25000 per month.
5) Rich people, who earn anything more than Rs.25000 per month.

The above could be one person to two person earning in a family, so it could be considered as household income. The problem is - people or families would come under my classification or vary time to time - based on the number of family members.

Say for example, a family increases by population and he stays with the same salary, then they slowly come down to a different classification of people in Coimbatore. Please note that this classification only applies to Coimbatore.

Ok, now we have classified people. Let us see what do they do -

1) Labour class does all the low level jobs like cleaning, mechanical work, very very hardworking, sweeping, house work etc.,

2) Lower middle class would be two people earning and doing the same work as above labour class. This category is also hard working and lot of manual work job.

3) Middle class is more of people working in offices, clerks and sit and do jobs, accountants etc.,

4) Upper middle class is more of banking, insurance, service, retail and education, teaching, some IT or ITeS related folks.

5) Rich people are more of corporate people, any kind of business men and women, politicians, specifically IT people and at last thugs, who live on interest (finance).

Coimbatore Personal Finance Tips for 2010

� If you can't afford it, don't buy it. Live within your means.

� Create a monthly budget and stick to it.

� Evaluate your finances, and cut back on unnecessary expenditures.

� Keep up to date with your monthly payments. Missing a single month could cost you thousands of dollars in interest down the road.

� Reassess your life and car insurance policies. You could potentially save money by switching to a different company.

Beware of cheating Coimbatore real estate agents

Sponsored by OruAcre.com

There are n number of horror and nightmare stores in Coimbatore and other upcoming cities of India, in terms of real estate.

Especially for NRIs, it has become a difficult thing for relying on friends and relatives for purchasing the real estate residential lands or houses or investment lands.

I heard stories about my friends abroad who have lost money by relying on others for handling and maintenance of lands in their home country. It is every NRIs wish to have a land or house of their own for purchasing land in their home country. It is has to be completely thought through before you make any decision in buying lands back home.

Overall, this does not mean you should not buy land back home, but we are just advising be careful and go into all processes and legally and double-check everything back to the origin of this land.

We will get to the details of this issue shortly in one of the future article.

Note: This article does not talk about all real estate agents in Coimbatore. Just check for the reputation of the real estate agent, before you deal with them. Definitely, there are good real estate agents available in Coimbatore.

Coimbatore Health is terrible as of Jan 10th 2010

I hear people are unhealthy in Coimbatore.

A total of 4000 outpatients were treated for "Dengue" fever at the government medical hospital in Coimbatore on Saturday and it was spreading rapidly in the district due to factors like water contamination, uncleared garbage and open drains.

hospital records showed that 30000 people had received treatment for "different types of fever, mainly chikungunya and dengue last year.

Action from Coimbatore Corporation, Coimbatore NGOs and Coimbatore people is needed for improving the health of Coimbatore. Hygienic lifestyle is needed among people of Coimbatore.
Coimbatore Corporation has to improve the quality of resources provided to Coimbatore people.