investment

Indian startup aims for the moon – and $30 million Prize Money!!!!

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GOOGLE LUNAR X PRIZE | MOON | SPACE | TEAM INDUS

Rahul Narayan, who describes himself as a serial entrepreneur, is the founder of Team Indus. It is the only Indian team in a race to the moon by privately funded groups competing for the largest international incentive prize of all time – the Google Lunar X Prize.

Google is offering $30 million in prizes to the first privately funded teams to safely land a robot on the Moon, including a grand prize and other bonus prizes.

With a purse of $30 million, the competition will reward the first privately funded team to softland on the moon, travel 500 metres and transmit back to earth, at a distance of nearly 4 lakh km.

With a purse of $30 million, the competition will reward the first privately funded team to softland on the moon, travel 500 metres and transmit back to earth, at a distance of nearly 4 lakh km.!!!!!!

In a conversation with Reuters, Narayan talks about Team Indus’ prospects, timing, his struggle to be taken seriously by investors and why he would not be too disappointed if someone else wins.

Q: What is the biggest challenge in this mission?

A: Everything is a challenge – money, finding advisers, being taken seriously, reaching out to people.

Almost all of it is uncharted territory. Nobody’s done a (privately funded) mission before, definitely not from India.

Q: How was Team Indus formed?

A: I had gotten in touch with them (organizers) saying, if there was an Indian team, please let me know, I’d like to work with them. They got back to me saying there was no Indian team, and if you want to set up a team, we can give you a bit of expert help. That’s when I got out of whatever startups I was doing.

Q: How did you recruit people for this project?

A: Almost our entire team right now is people who came to our website and said they wanted to work.

Q: When is your planned launch date?

A: We plan to launch sometime in 2015.

Q: How much have you spent so far? What is the projected total cost?

A: We’ve spent about one crore rupees (10 million rupees, or about $185,200), including for registration, a little bit of prototype being done, operational expenses and salaries. It’s a design effort and we are not doing any hardware yet. Total spend, we expect it to be $15 million.

Q: Where do you see yourself among the 23 active teams?

A: We believe we are in the top five. We believe the moment we sign up with ISRO, we will be in the top two. Signing up with ISRO is the one big event that changes a lot of things for us. It has not happened yet, but we’ve started talking to them. (The Indian Space Research Organisation, or ISRO, is the primary space agency of the Indian government. Team Indus plans to use ISRO’s PSLV satellite launch vehicle for its moon mission)

Q: The competition rules state that the project must be 90 percent privately funded. So how are you managing?

A: Right now it is founder-funded. We’ve divided the cost into three different parts. One is cost of design, second is the cost of building it and the third is the cost of launching it. We have separate strategies for each one of them. For designing, we will be looking for investments. Building it is where we are looking at partnerships (aerospace companies, IITs or government agencies). We are looking at these people to partner with us and potentially contribute, if not money, then equipment. The last part, we are going to do crowdfunding.

Q: Why would investors be interested?

A: I started by saying we are an aerospace company. So we see this as a company which is doing a project, and it will continue doing other aerospace projects or derived technologies or IPR, or licensing rights from what we’re going to do here (moon mission).

We are a for-profit company. It’s not just this mission, we will continue building beyond it.

Q: What if somebody else beats you to the prizes?

A: We’re definitely aiming for the first prize. We’ve got one bonus prize built into it. But, if all the prizes go away in 2014 and I’ve booked my launch with ISRO, that doesn’t mean I stop. I have to go because I’ve already done my engineering, I’ve already spent the money and probably just a residual amount is left. So you’d see that differently as then maybe it converts from a Google Lunar X Prize mission to simply a India’s mission. It’s a people mission, people have contributed to it, people have worked in it, and people have a part in it.

Q: What would losing mean for your team?

A: Even if we lose, we’ll still accomplish a fantastic engineering feat. Prize money is just one component of it, so I’m talking about a company which is going to continue after the prize money….

source:::: David Lalmalsawma  in Reuters US

Natarajan

You can follow the David on Twitter @confusedat30

A Private Jet Maker Is Thriving By Making Old Planes New Again !!!!!

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Designing a new airplane is an incredibly expensive, complicated, and long process, one that can prove wasteful if not executed properly — as Boeing‘s troubled Dreamliner jet has proven in recent months.

nextant 400XT on Production Floor

In 2007, looking to avoid the costs and pitfalls that come with new aircraft, aviation entrepreneur Kenn Ricci created a business that would sell small jets for half of what they usually cost, thanks to a simple change.

Instead of building new jets, Nextant Aerospace would take old jets, refurbish them, and sell them for 50 cents on the dollar.

The result, President Sean McGeough says, gives you “everything a new aircraft gives you.” Unless a buyer is dead set on having a 100 percent new plane, he seems right. That’s because Nextant retains the hull of the plane, then replaces just about everything else.

So far, Nextant has produced one model, the 400XT, based on the Hawker 400. The huge cost of designing a plane from scratch does not have to be recouped, so the price of the planes stays low.

In refurbishing a jet, the airframe is kept, while the avionics and any life-limited components, along with the interior, are replaced. From start to finish it takes about 6,000 man hours of work, around 16 weeks.

Before re-entering service, the jets go through the same certification process and flight testing as any new plane. The end result, McGeough says, is a “virtually new” airplane.

 

Nextant 400XT interior

Nextant

In fact, he says, the updated planes are often improvements of their original selves, because they are outfitted with systems developed since the planes were first designed. Once a Hawker 400 becomes a Nextant 400 XT, its operating costs drop 30 percent, and its range improves by 50 percent, says McGeough.

 

McGeough joined Nextant as President after leading Hawker Beechcraft’s international operations in Europe, the Middle East, Africa, and Asia Pacific. Selling old planes instead of new ones was “very new territory,” he says, but he was drawn to Nextant by its value proposition and track record of high deliveries: 25 planes in 13 months.

Matt Doyle is the Executive Vice President of Sales and Marketing at Flight Options, a fractional jet ownership company that has purchased 12 aircraft from Nextant (its chairman is Kenn Ricci, Nextant’s founder). Asked if he hesitated before buying refurbished aircraft, Doyle said no.

If Flight Options can offer essentially new planes to its customers for half the cost, and saves everyone money, it’s a good deal, Doyle told Business Insider.

 

Nextant 400XT on ground in front of hangar

Nextant

That’s especially important in a private jet industry that has been lagging in the United States in the wake of the recession. Nextant has sold aircraft to corporate clients, commercial fleet operators, and wealthy individuals.

 

Its business model has proved popular abroad as well: Despite expectations that its clients would be mostly domestic for the first few years, McGeough now predicts 60 percent of its products over the next three to five years will go to foreign buyers.

So far, Nextant has not gone beyond its first product, the refurbished 400XT. To build on its early success, the company is getting ready to announce its next model, a few months from now.

And while selling old planes may seem questionable, the saga of Boeing’s Dreamliner — the commercial passenger jet full of new technology that was designed to change the industry — proves its wisdom.

The Dreamliner debacle is an example of why remanufacturing works, McGeough argues: “You don’t go through the teething problems you would on a cleansheet design,” and you work only with proven technology.

source::::businessinsider.com

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Read more: http://www.businessinsider.com/nextant-sells-old-private-jets-made-new-2013-3#ixzz2OBP66c41

Beluga….Super Transporter Plane from AIR BUS !!!!….A Jumbo Giant in Sky!!!!

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Business is booming at Airbus: The European planemaker just closed a huge deal to sell $24 billion worth of A320 jets to Indonesia’s Lion Air, and it’s busy building the A350 XWB, the plane it created to compete with Boeing‘s 787 Dreamliner.

 

Airbus is based in Toulouse, France, but produces planes in the United Kingdom, Spain, Germany, and China.

To transport the wings and fuselages of half-built planes from one factory to another, it needed a plane bigger than any standard cargo jet.

So it built the Beluga.

Developed in the 1990s and based on the A300 (the wings, engines, landing gear, and lower portion of the fuselage are the same), the Beluga has one of the biggest cargo holds in the world.

It’s the best way to get the body of a jumbo jet, a fleet of helicopters, or even a priceless painting across the planet.

It’s also one of the strangest looking planes in the skies.. Airbus Created This Bizarre Plane To Fly Jumbo Jet Parts Around The World

Read more: http://www.businessinsider.com/meet-the-bizarre-but-useful-airbus-beluga-2013-3?op=1#ixzz2OB7bm82f

airbus beluga transport plane

With its main compartment open, the Beluga looks like a whale swallowing its prey…thus the name .It is built to fit entire aircraft fuselages..On a typical flight, Beluga carries more than 100,000 pounds of cargo.  It is 56 Feet tall !..And the diameter of the fuselage is  24 Feet…

The Beluga is available for charter. In 1999, it was used to fly Eugene Delacroix’s huge painting, ‘Liberty Leading the People,’ from Paris to Tokyo for an exhibition.
Seeing it on the ground, it’s hard to believe the huge plane can get airborne. But it’s actually made with a maximum takeoff weight of 341,713 pounds.

At the 2012 ILA Berlin Airshow in September, one was used to attract potential employees.   It’s official name is the A300-600ST Super Transporter.

The Beluga is available for charter. In 1999, it was used to fly Eugene Delacroix's huge painting, 'Liberty Leading the People,' from Paris to Tokyo for an exhibition.

From the ground, it seems almost like a normal jumbo jet — but not quite. Its wingspan measures more than 147 feet.

source::::businessinsider.com

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A King In Waiting !!!…Race For The Crown is Still Wide Open !!!…Apple or Samsung!!!!

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Illustration: Deepak Harichandan

The race for SMART  Phone crown, in which Samsung has gained pace, is for Apple to lose

The anointment of Jorge Mario Bergoglio as the new Pope was overshadowed by a coronation of a different kind last week. Amidst hype, some warranted and a lot not so, Korean chaebol Samsung was anointed as King of the Smartphone by all and sundry after it unveiled the Galaxy S4 last Thursday night in New York. The S4 is the chaebol’s latest shot at dethroning the King from Cupertino.

“The King is dead; long live the King”, the cry went out—a narrative whose truth is directly proportional only to the number of times it is repeated, and not based on any solid foundation.

Ironically, this new coronation story is far more apt from the perspective of the Indian market. But more on that a little later.

From 2009 – 2011, Apple, which invented the modern smartphone, enjoyed being the lone player in the market. This period also saw Apple’s stock zoom, in pace with its profits. The last two years however, which has seen the death of Steve Jobs and a management reshuffle, have given observers and investors alike a number of wrong assumptions.

Myth number one: Apple at any point had an overwhelming market share advantage for the iPhone. And myth number two: Now that Apple has a serious and successful competitor, it won’t be able to compete as its forte has always been staying ahead of the market rather than fighting it out.

Be the smartphone market or the mobile phones market, the fact is that Apple has always been behind in terms of sheer units sold. In the wholly smartphone market, the iPhone has a 20 per cent market share, and in all phone handsets, it has never crossed the double-digit mark. Nokia, BlackBerry and Samsung have always beaten Apple in this.

Criticising Apple for not winning the market-share game and letting Samsung sell a huge number of S3s is similar to criticizing BMW for selling fewer cars than Maruti Suzuki.

The second myth comes with the assumption that because Apple finally has a serious competitor in Samsung, it has already lost the race. Au contraire, the race has only begun! Last quarter, Apple took 72 per cent of the industry’s profits, while Samsung got 29 per cent. These numbers total more than 100 per cent because all other handset makers, combined, are losing money.

And this is where the true race is – in profits, not market share— a lesson that Nokia and Microsoft are learning now. It is because over the next four or five years, the smartphone bubble is going to burst, very similar to the way the personal computer (PC) bubble burst a couple of years ago. The PC market didn’t solely slow down because of the explosion of tablets and smartphones. It went down mainly because technology had reached a point where PCs went right past being “good enough” and straight into “insanely overpowered” for the normal user.

The average mom-and-pop user suddenly became satisfied with buying a new PC once in four or five years, when ten years ago it used to be once in two years. The market for PCs, consequently, took a big hit.

The same thing is destined to happen with smartphones, once the technology for durability is set in place. And indeed, one can see evidence of it already with the eight core processor in the Galaxy S4.

Nevertheless, no matter how many times Samsung executives click their heels together and say “There’s no place like Cupertino, there’s no place like Cupertino,” – they will not be able to win the profit race. Unless, of course, they discover some way to cash in on downstream revenue the way Apple does with its golden egg laying hen- the App Store.

While the momentum lead might be with Samsung, there is no evidence in what is happening in the Western markets that suggests that Apple has been dethroned in any way. If anything, a glimpse at what is happening in the Indian market is a far better indicator of Samsung’s ascension.

It is no secret that Apple prefers Chinese noodles over Indian curry – its focus over the last two years on China at the expense of India has allowed Samsung to entrench itself here quite deeply. Samsung sold nearly 45 per cent of the 5.2 million smartphones sold in India in the last quarter. However, numbers don’t wholly matter as evidenced above.

What does matter is that Samsung has taken a leaf out of Apple’s book and, over the last three years, has started the process of cleverly positioning itself as a premium/luxury brand. It started simple – the company set up posh, aesthetically-pleasing Samsung ‘experience centres’. Contrast this to where iPhones are sold in India – lined up with other phones in normal mobile stores like a street cart vendor who sells vegetables.

A huge marketing and advertising budget, and a focus on a plethora of features, has seen the last two premium launches of Samsung, the Galaxy Grand and the Note, greeted as a sort of status symbol.

Whether or not Samsung can replicate this success in international markets depends on how intensely Apple is willing to fight back, even as the ghost of its late founder still weighs heavily on the company.

The race for the crown, which is still wide open, is very much for Apple’s to lose. A coronation at this stage would be extremely premature.

The market-share narrative is glaringly wrong, with Steve Jobs it was always about ‘advancing the human race.’ But if he visited Apple now, he would say something like “I’ve been dead for two years, and we’re still arguing over who makes higher resolution screens? That’s boring now. Let’s invent something new. And by the way, fire whoever thought it was okay to have 21 icons on the iPhone 5.”

anuj.s@thehindu.co.in

SOURCE::::THE HINDU

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Highest and Largest Infinity Pool in the World …at Singapore !!!

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The Marina Bay Sands hotel in Singapore opened its doors in 2010, to the tune of a whopping $5.7 billion.That amount paid for the massive 2,561-room hotel, a museum, casino, restaurants, bars, a swanky shopping mall, and the pièce de résistance: the SkyPark, an insane rooftop pleasure dome with a 150-meter (492 ft.) infinity pool.Click here to see photos >

Located on the 57th floor, this pool offers stunning views of Singapore’s financial district, Marina Bay, and beyond. It’s the largest and highest infinity pool in the world, according to the hotel, and if you swim up to the pool’s edge, it feels like you’re about to fall off the top of the world !!!!!

source::::: businessinsider.com 

Natarajan

 

Here’s what Marina Bay Sands looks like from the outside. The SkyPark, which connects the hotel’s three towers, looks a bit like a cruise ship perched in the air.

For context, here's what Marina Bay Sands looks like from the outside. The SkyPark, which connects the hotel's three towers, looks a bit like a cruise ship perched in the air.

The pool is just as stunning as you might think.
It really does look like you're about to fall off the edge of the pool.

There are incredible views of Singapore's financial district.

Why Do The Rich Get Richer !!!!!

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You often hear the saying ‘The Rich are getting Richer….’ have you wondered why?

Five main reasons:

a. The power of compounding
b. Income far, far greater than expenditure
c. Understanding the Wealth Virtuous Cycle
d. Ability to take risk
e. Deep wealth buckets ensuring no asset class is ever reduced to zero

In the real world the word Rich and wealthy are used interchangeably, so in that context I will use the word rich here to mean and include the wealthy too.

a. The power of compounding: When the real rich invest they can let each asset class compound
without touching them for real long periods of time. If you had invested Rs 100 in the Sensex in 1979 it would be worth about Rs 20,000 today – 200 times in 33 years – amazing by any standards. However, if you were not really wealthy all the gyrations in the Sensex would have worried/bothered / scared you. That may have sent you running to the broker to liquidate. However, if you were really rich you could have invested a portion of your assets and seen a fantastic growth in that part of the portfolio.

b. When a person (family) is really wealthy the income has no connection at all with the expenditure. You just operate like 2 different machines – one wealth creating machine and one spending machine. It helps that your income is say 10 times of your expense. So an increase or decrease (inflation) does not have any impact at all on your life style. Since you are saving/investing a big surplus of your income, you are able to compound faster too.

c. Understanding the wealth virtuous cycle – protecting the wealth (insurance), managing it well (when you have a net worth of say Rs. 100 crores you can afford a Family Office to look after the family wealth) , and learning to live sensibly are all part of the wealth cycle.

d. When you have a lot of money in different baskets you can take a chance with each basket. I know of a top industrialist who used to use his personal money for lending to movie making. Movie funding is a one or all kinda game – you can get 100% p.a. return or be wiped out. You also need to fund in multiples of Rs 10 crores – thus keeping the retail guys out. Such opportunities are not even available for the common man! Similarly I know of one person who bought 1 lakh shares of Infosys at Rs. 90 (discount at the time of issue, remember it devolved!!). He was holding till the listing of TCS and at that stage sold off. Only because he had (has) a networth in excess of 3 digit crores, he could hold on without getting excited about the prices. For a person with lesser networth there would have been a great pressure to ‘book’ profits.
Take the case of a boy earning Rs. 12 Lakhs at age 28 – on this salary is it possible to commit to a Rs. 35000 EMI for a house? Hardly. It is almost impossible. However, when the father has a huge networth it is possible to do so. I know of a father who has told his son ‘the month you CANNOT pay the installment, I will. Thus the son has a FREE risk transfer mechanism – if he were to lose his job, his DAD is the safety net!

e. If you have say a big portion of your money in equities, technically it is possible that you panicked and sold off EVERYTHING in 2008. This would have meant that in 2009 when the market revived YOU would have had nothing in equities – thus the fantastic growth of 90% would have been missed. You would be kicking yourself, right?So now when you hear the Rich get Richer….you know it is not emotional, it is mathematical!

source::::Article by Mr.P.V.Subramanyam in yahoo finance

Natarajan

Is IKEA a Home Away From Home !!!!

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Ikea hotel     First, Ikea transformed apartments around the world with its stylish and affordable furniture. Now the Swedish furniture giant wants to design your home away from home.

Ikea’s parent company, Inter Ikea Group, is teaming up with Marriott International to develop Moxy, a new chain of stylish budget hotels for the European market.

Their plan is to open 150 hotels in 10 countries over the next 10 years – including Germany, the United Kingdom, Italy, the Netherlands, Norway, and of course, Sweden – starting with a debut in Milan in early 2014.

With rooms starting at around 60 euros a night, Moxy is clearly aiming for much the same audience as Ikea. But don’t expect to stow your belongings inExpedit cubbies before drifting off to sleep on a Sultan mattress. Moxy won’t use Ikea furniture. Nor will the hotels be cavernous warehouse spaces decorated in bold blue-and-yellow colour schemes. Guestrooms in the 150- to 300-room hotels will feature large flat-screen TVs, wall socket USB ports and free wi-fi, designed in a colour palette of calming neutral tones instead.

Moxy’s decision to forgo Ikea’s furniture and colour scheme raises the question: is the Ikea association a double-edged sword? For some travellers, an Ikea-inspired hotel sounds like a stylish, affordable option. But others might be haunted by one too many experiences with 13-page instruction manuals, dozens of oddly-named screws and mammoth assembly sessions (not to mention horsemeat-tainted Swedish meatballs and contaminated almond cakes).

However, Moxy looks to be entering the hotel market smartly and strategically. For starters, it isn’t targeting all travellers – just younger, budget-conscious ones who appreciate technology and design. And in so doing, it’s actually filling a void in the market.

Though Europe is rife with budget hotels and hostels, the vast majority are known more for their sober, no-frills approach than their style quotient. It appears that Moxy plans to bridge that gap, bringing affordability and style to a design-savvy continent ravaged by austerity measures. It’s also targeting clever locations around office parks, airports, and bus and train stations, ideal spots to snag budget-minded business travellers and backpackers alike.

Money Making Myths…Busted!!!

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 ‘Study hard, you will have a rich future!’, ‘Work hard, you will have money to burn!’; similar to these two sayings, there are many more sayings which the Indians are very much used to. No one knows who wrote these lines, but almost everyone tries to implement all these.
Being Indian, no one can say that they haven’t tried to implement all these ideas. May not be for a longer period of time, but at least once in their lives, they must have tried all these.
However, most of these sayings are totally deceiving and ends up bringing no good to anyone. Here is the list of 7 such sayings which has been misleading the minds over the past centuries as reported by ‘unmaskingthemillionaires.com’.
. ‘Money brings money.’
As it has been already said, business is all about serving the customers. The more proficiently one fulfills the needs of the customer, the more success he will taste in his life.
Most of the millionaires in the rich league started their business career from scraps and not with money. Even the richest person in today’s world started earning money by selling gums from doors to doors.
 ‘I’m waiting for the right time.’
‘Time and tide waits for none!’. Despite of knowing this, people usually waits for the right time to start up with.
Time is precious and can never be categorized as right or wrong. Beating the odds, one can achieve success.
Most of the successful people’s stories reveal that they started when everyone was against them. If they would have wasted their time in convincing everyone to support them, today ‘Microsoft’ and ‘Dell’ would have been a myth.
‘Time made it hard to become a millionaire now.’
Business doesn’t means to sell something or just to trade with something. Business means serving the customers, making them happy, taking care of their investments.
Time has nothing to do in bringing wealth into anyone’s wallet. The increasing number of millionaires in today’s world proves this.
No doubt, with the advancement of technology, the competition has increased but at the same time, using the same technology one can serve the needs of customers in a more decent and an easier way.
‘Amazon.com’ can be a better example in this regard.
 ‘Age doesn’t permit me.’
Warren Buffet is the person who is ruling the recent list of the richest people. Buffet is crossed 82 and will be stepping on 83 by August, 2013.
Also, Mark Zuckerberg is mere a 26 years billionaire and so is the other co-founder of Facebook, Dustin Moskovitz.
Where do age problem arises? It’s not the age but the way one works, which makes them rich. When it’s work, there can’t be any age. One should have the spirit to work and not the wrinkles in their faces to retire from work.
‘Select the best way, make more money.’
When it comes to work, nothing can be categorized as good or bad; work is work.
At present, people like bankers, software giants, medical professionals, consultants, retail marketers, etc. has been occupying the places in the list of the rich people.
Except having money, more and more money, there are no other criteria which can label someone as a millionaire or billionaire.
In the league of the rich people, there are people who are related into a single sector and also there are people who are related to multiple sectors.
 ‘Education makes people rich.’
Education can enhance one’s knowledge but it can’t make someone rich. If this would have been the reality, the list of the rich people in the world would have had all the names of the professors and the lecturers of the top colleges.
Education can show the way but one has to choose their own way with their own experience.
In today’s list of the richest people, there are several names that don’t even have a basic graduation and are dropouts from colleges. Bill Gates, Mark Zuckerberg, Richard Li and Michael Dell are some of the examples in this list.
‘Work hard, earn more.’
This is one of the most common sayings. Whether in home or in school or in colleges or it be in workplace, this is the first ‘money’ lesson.
If this would have been the reality, the person carrying a load of hundred of kilos on his back would have been the richest man in this planet today.
Money has nothing to do with how hard one is working. Money is the result of how proficient one person is at his job. The way they completes their task, the amount of time they saves while completing their tasks makes money and not the amount of hard work they does.
source:::::siliconindianet
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Financial Lessons to Learn From Lord Ganesha !!!!

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 Lord Ganesha is worshipped as the god of prosperity and symbol of happiness. It is believed that any activity started by worshipping lord Ganesha will bring good results and will be successful. Lord Ganesha’s appearance teaches many things along with some financial tips which people often forget and put themselves into wrongful financial situations. Hiral Thanawala in InvestmentYogi.com discusses 11 financial lessons which you can learn from lord Ganesha.
1. Big Head of ‘Gajanana’
He has a big head or Gajanana which means “Elephant Faced God” symbolizes to think big. People often fail to think out side the already set boundaries. Though at times there is a little amount of risk involved experimenting with financial planning but there are safe ways in which one can explore their options and start thinking differently. Each and every problem has a solution to it. To find the solution one just need to be calm and analyze the situation.
2. Small Eyes of “Gajakarna”
The small and sharp eyes of Ganesha symbolize to have concentration. Any work or plan where there is lack of concentration cannot be successful. Your financial planning also needs proper concentration and need you to think all the risk and gain factors involved. Ask questions to your self before you take any decision. Concentrate on smallest of small details and take note of each and every pros and cons of the step you are about to take. After setting your goals, you need to prioritize them according to their importance.
3. Large Ears of “Lambakarna”
The large ears of “Lambakarna” which means “Large Eared Lord” and symbolizes to listen carefully and keep you years open always. You should know what is going on in the financial markets and what the new innovations are. Also listen to your financial advisors. Often people tend to take their financial decisions on their own in order to save a little amount they have to pay to the advisors. But at times in order to save little money they end up incurring a huge loss.
Still in case you do not feel like consulting an advisor, collect information on your own. There are many articles on internet as well as Television which can help you to know better market trends and take proper decisions.
4. Small Mouth of “Gajavaktra”
At times it is said that actions speak better than words, but few wrong words may make bigger and a very wrong impression than your actions. Lord Ganesha’s small mouth reminds that one should think before they speak anything. Your words portray your personality, you need to listen more and talk less while planning your financial plans. More over it is not always safe to discuss your financial plans with every body as they might provide you some wrong information. Talk only those things which will help you to gain further knowledge and help in making strong financial decisions.
5. One Tusk of “Ekadanta” or “Ekadrishta”
Ganesha’s one tusk symbolizes that you should keep the good and throws the bad. It conveys that keep studying your investments on regular period of time. Investments which are running at loss should not be retained. On the other hand investments which are making profits should be retained and look other measures that how they can perform even better.
6. Trunk of “Vakratunda”
Lord Ganesha’s trunk conveys that one should be highly adaptable and efficient to their surroundings. Even in unfavorable situations one should be patient and should not panic. Your financial matters need to be handled with care for which you need to have patience. Impulsive decisions may often make you take wrong decisions which will further causing you more damage. Once an investment done doesn’t mean your job is over. You need to be efficient and keep checking the prospects on regular intervals.
7. Large Stomach of “Lambodara”
Ganesha”s big stomach conveys that one should be able to digest all good and bad phases of financial decisions. It is not always necessary that you investments will only generate profits. At times they may incur losses too. It such situations one should be able to digest the bad upcoming and find out solutions to handle the problem wisely. You should identify what went wrong wile making the decision and take a note that it should not be repeated any more.
8. Right foot over left foot
Ganesha keeps his right foot over left foot when ever he is seen in sitting posture. This posture symbolizes using knowledge and reason to overcome emotions. One should never take their financial decisions emotionally. Money matters are acute mathematics and are based on strong reasons; decisions related to these should also be taking in such a way. You should have a strong base of financial knowledge to relay your decisions on them. You can read books or go through internet articles on financial issues.
9. Axe
The lord of all Ganas (Gods), Ganesha holds an axe in one of his hands in order to shed off all the bonds and attachments. It means that you should not put all your money and make investments only in one company or one type of investments. This is because different companies and investments perform differently according to the market conditions and investing only in one company increases your risk. Therefore it is suggested by financial advisors to invest in different companies as well as different type of investments.
10. Mouse at Akhuratha’s Feet
“Moshak” or mouse is considered as Ganesha’s ride. Akhuratha means the lord who has mouse as his charioteer. It conveys the message that people should keep their desirers under control and not take a toll of them. Often people end up spending for things they really do not require and just have the urge to have that. Few impulsive buyers like these at times really end up putting themselves in big trouble by not planning properly to invest their money.
11. Modak and Prasada
Modak is ganesha’s favorite sweet and it is served to the devotees as ‘prasada’. This symbolizes that one who does hard work and is patient always gets good rewards. If you are capable of following all the suggestions devotedly, you will definitely get your reward. You financial decisions cannot go wrong and you will always live a healthy and care free life.
 source:::::::silicon india net
 Natarajan