BiziNation # 33: Business: You win some. You lose some...
Saturday, 05 September 2009 13:53
1 Comments
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Episode Notes
Listen Online (64 kbps)Episode length: 23 mins
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#1
2009-10-29 05:38
Sorry for being a late Lateef.
I listened to this podcast this morning (Oct 29)
Not too late I hope.
My comments in brief:
General:
========
Ritika's voice was crystal clear.
Abhishek, your voice was not clear at all in this podcast. I had to strain my ears to catch what you were saying and missed quite of a bit of what you spoke.
ATMs
====
The proposal is perfectly reasonable.
Limiting to 10,000/- per transaction and 5 transactions per month should meet almost every normal account holder's needs unless he is a commercial user in which case he must prepared to shell out for conveniences he benefits from.
Reader's digest bankruptcy.
==========================
Hardly surprising. It just had to happen.
The core readership of this magazine belonged to my generation (I am 61). Your generation reads much less than we used to.
Besides we didn't have TV and Internet to compete for our attention. But Reader's digest is not alone.Practically every printed publication is going through a financial crisis. News papers have become ad papers. I call the Times of India "The advertisments of India".
Reader's Digest could have considered bringing out an internet edition for registered users by charging a small fee like the Economist does.
May be Kindle (the new E book reader) could help these classic magazines to survive.
I wouldn't have grudged paying Rs 100/- per annum as subscription fee for the privilege of continuing to read this magazine which, way back in the seventies, was one of my favourites along with the now pathetic India Today.
But I don't see paid subscriptions succeeding in India. We Indians hate to pay for music, software, and internet downloads. Catch them paying for stuff to read. These days reading is considered some kind of punishment. Most avoid reading and even if they do, their attention span is limited to at most one page. Even my emails (and comments on my friends blogs) are considered too long by my family and friends. They prefer SMS, Twitter etc and phone calls.
Harley Davidson Bikes
=====================
A great bike no doubt. I used to ride a Bullet in my younger days. But where are the roads to ride this bike on? Who will pay the scandalous price this bike commands? A few rich hobbyists may show interest. If the makers are hoping for commercial success, they are asking for too much.
Ryan Airways
=============
Nothing new. We had our own Deccan Airlines. It didn't last long. Kingfisher swallowed it up. Who will swallow Kingfisher is the next question.
The maverick Ryan's exploits reminds me of one notorious GD Naidu of Coimbatore. Old timers from the south will be able to regale you with stories about this eccentric industrialist who prospered in the fifties and sixties of the previous century.
I will comment on other episodes later
Keep up your good work.
Best wishes from:
G Vishwanath
JP Nagar, Bangalore
I listened to this podcast this morning (Oct 29)
Not too late I hope.
My comments in brief:
General:
========
Ritika's voice was crystal clear.
Abhishek, your voice was not clear at all in this podcast. I had to strain my ears to catch what you were saying and missed quite of a bit of what you spoke.
ATMs
====
The proposal is perfectly reasonable.
Limiting to 10,000/- per transaction and 5 transactions per month should meet almost every normal account holder's needs unless he is a commercial user in which case he must prepared to shell out for conveniences he benefits from.
Reader's digest bankruptcy.
==========================
Hardly surprising. It just had to happen.
The core readership of this magazine belonged to my generation (I am 61). Your generation reads much less than we used to.
Besides we didn't have TV and Internet to compete for our attention. But Reader's digest is not alone.Practically every printed publication is going through a financial crisis. News papers have become ad papers. I call the Times of India "The advertisments of India".
Reader's Digest could have considered bringing out an internet edition for registered users by charging a small fee like the Economist does.
May be Kindle (the new E book reader) could help these classic magazines to survive.
I wouldn't have grudged paying Rs 100/- per annum as subscription fee for the privilege of continuing to read this magazine which, way back in the seventies, was one of my favourites along with the now pathetic India Today.
But I don't see paid subscriptions succeeding in India. We Indians hate to pay for music, software, and internet downloads. Catch them paying for stuff to read. These days reading is considered some kind of punishment. Most avoid reading and even if they do, their attention span is limited to at most one page. Even my emails (and comments on my friends blogs) are considered too long by my family and friends. They prefer SMS, Twitter etc and phone calls.
Harley Davidson Bikes
=====================
A great bike no doubt. I used to ride a Bullet in my younger days. But where are the roads to ride this bike on? Who will pay the scandalous price this bike commands? A few rich hobbyists may show interest. If the makers are hoping for commercial success, they are asking for too much.
Ryan Airways
=============
Nothing new. We had our own Deccan Airlines. It didn't last long. Kingfisher swallowed it up. Who will swallow Kingfisher is the next question.
The maverick Ryan's exploits reminds me of one notorious GD Naidu of Coimbatore. Old timers from the south will be able to regale you with stories about this eccentric industrialist who prospered in the fifties and sixties of the previous century.
I will comment on other episodes later
Keep up your good work.
Best wishes from:
G Vishwanath
JP Nagar, Bangalore
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