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Idea To IPO By Dr Vivek Bindra

Idea to IPO by Dr Vivek Bindra
Idea to IPO by Dr Vivek Bindra.

Dr Vivek Bindra, Founder of Bada Business, a leading entrepreneurship platform, has announced his much-awaited “Idea to IPO” event. It is scheduled to be held on October 2, 2024.

What is ‘Idea To IPO’?

“Idea to IPO” is a program organized by Bada Business, an initiative run by Dr Vivek Bindra. The program is designed to help SME and startup founders grow their businesses and prepare for an Initial Public Offering (IPO). It provides a unique opportunity to gain valuable insights into business development, mergers and geographical expansion.

The one-day mega event will feature a distinguished lineup of speakers, including Mr. Jitan Ram Manjhi (Minister of Micro, Small & Medium Enterprises of India), Mr. Vivek Anand Oberoi, Mr. Madhusudan Kela, Mr. Rajesh Mehta, and Mr. Ajay Thakur. With a focus on effective strategies for business success, the event is set to draw hundreds of ambitious entrepreneurs from across the nation.

What will you learn?

At the event, you will learn solutions to some of the key challenges facing your business, such as:

  • Is your product or service a “pull” or “push” product, and how loyal is your customer base?
  • How strong is the entry and exit barrier of your business to protect you from competitors? Is your product rare and inimitable within your industry?
  • How easy is it to scale your product or service from a regional brand to a national or global one?
  • Is your customer willing to make advanced payments for your product or service?
  • Can your customer commit to at least a partial advance deposit for your product or service?
  • Does your company have predictable, positive cash flows, both immediately and in the long term?
  • Can your business operations run smoothly without your constant presence in the office, client meetings, or onsite management?

If these challenges resonate with your business, the Idea to IPO event will provide you with the strategies and solutions needed to overcome them.

Register Now idea for ipo

Who is eligible to join Idea to IPO?

Are you ready to take your business from idea to IPO? Join us at the world’s largest IPO readiness event, on October 2, 2024, from 9:30 AM to 6:30 PM. This exclusive opportunity is open to entrepreneurs generating revenues above 50 lakhs. Attendees will receive exclusive insights from celebrity speakers, market experts, and industry leaders.

With a digital audience of over 50 million and only 2,500 available seats, this event is a must-attend for entrepreneurs committed to IPO success. The first 175 premium seats are chargeable, while the remaining seats are free* (only registration fees apply). Don’t miss this opportunity—call 9810544443 now or click the registration link to secure your seat!

Register Now idea for ipo

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Amazon Eyes Stake in Swiggy’s Instamart Amid IPO Plans

Swiggy IPO

Amazon India is reportedly in early talks with Swiggy to acquire a stake in its quick commerce business, Instamart.

This comes as Swiggy confidentially files for a Rs 10,414 crore ($1.25 billion) IPO, one of the largest for an internet firm in India.

While Amazon has shown interest, there are significant hurdles, including the complicated deal structure.

Sources suggest Amazon’s interest lies in either a pre-IPO stake or a buyout of Instamart.

However, Swiggy is unlikely to sell only its quick commerce business, and Amazon is not interested in Swiggy’s food delivery segment.

top share holders in Swiggy

Amazon has been developing its own quick commerce service in India, which requires global approval for a new vertical.

Swiggy, meanwhile, is working to reduce Prosus’s stake below 26% before the IPO.

Despite the challenges, Amazon’s potential investment highlights the growing competition and interest in India’s rapid delivery market.

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New Rules Come into effect in India from 1 April 2024

new rules came from 1 April 2024
New rules implemented from April 1st 2024 in India, know what will be the effect on you?

The 1st of April, every year marks the beginning of a new financial year. However, this year no major changes have been announced by Finance Minister Nirmala Sitharaman in the Income tax slab rate in interim budget 2024 in February other than the income tax slab.

The changes in the new tax regime were announced in last year’s Budget (2023) which is applicable in the current financial year (2024-2025). However, the new tax regime is now the default option for taxpayers but the option of choosing the old regime is still intact. This has made the new tax regime attractive for individual taxpayers.

New Tax Regime Table:

Income Tax Slabs Income Tax Rate%
From 0 to 3,00,000: 0
From 3,00,001 to 6,00,000: 5%(Tax Rebate under 87A)
From 6,00,001 to 9,00,000: 10% (Tax Rebate under 87A till 7 Lakh)
From 9,00,001 to 12,00,000: 15%
From 12,00,001 to 15,00,000: 20%
From 15,00,001 to above 30%

New Rules Came Into Effect From 1st April:

  • The basic exemption limit increased from 2.5 Lakh to 3 Lakh in the new tax regime. 
  • The standard deduction of Rs 50,000 which was earlier applicable in the old tax regime, has now been introduced in the new tax regime for salaried and pensioners. This helps in reducing taxable income under the new system. 
  • The Rebate under Section 87A has increased the taxable income by Rs 7 lakh which provides a rebate of Rs 25,000 from 5 lakh which provides a tax rebate of 12,500. This shows the individual opting for a new tax regime and having a taxable income of up to Rs 7 lakh will not pay any taxes. 
  • Under the new tax regime, the highest surcharge rate on income 5 cr or above has been reduced from 37% to 25%. 
  • This new regime has reduced the number of income tax slabs from six to five. 
  • Family pensioners can claim a standard deduction of Rs 15,000 in the new tax regime. 
  • The maturity income from life Insurance Policies (issued on or after 1st April 2023) and total premium exceeding Rs 5 lakh will be subject to taxation. 
  • The leave encashment tax for non-government employees has now increased to 25 lakh from 3 lakh.

1st April Brings New Changes:

  • The minimum contribution to NPS (National Pension System) has increased from Rs 500 to Rs 2000 and this change will apply to the age group of 18-25 years. 
  • KYC is mandatory to use Fastag. 
  • SBI has increased the annual fees on Debit Cards
  • The annual maintenance fee of the Pride Premium Business Debit Card will be Rs 425 including GST. 
  • LIC has introduced the Protection of Policyholder Interest Regulation. The changes include new guaranteed surrender value, premium payment options, and more.
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Changing the E-commerce landscape via digitalization in FMCG

Changing the E-commerce landscape via digitalization in FMCG
Changing the E-commerce landscape via digitalization in FMCG.

India is the fourth-largest sector in Fast Moving Consumer Goods (FMCG). With the need for access to affordable services in today’s dynamic world, innovation proves to be a turning point for growth. However, Digital transformation turns out to be a game changer to align the requirements of both suppliers and consumers. 

Digitalization paves the way for a dramatic change in the process of running of FMCG company. Although many people link digital transformation with software to manage production, it not only affects the FMCG industry but also incorporates managing systems, efficient data collections, retailers’ profits, and consumer experience. 

Digital Conversion: Better Globalization and Reach

The better use of digitalization has made FMCG products reach beyond geographical boundaries. As per the reports of the Department of Applied Economics, University of Lucknow, the FMCG sector will grow by 13-14% over the next five to ten years, expected to reach a value of $220-240 billion by 2025 only through digitization.

Moreover, the rise of the E-commerce industry has broken down the chain of physical appearance of the seller and the consumer. This contributes to pulling more customers worldwide with good profit and earnings.

Ease Down The User-Friendly Interface With Better Customer Engagement

Digitalization has proven to be one of the pivotal factors for the success of consumers. With the new technological innovations of AI, the gathering, and analysis of data on consumer behavior, history, market trends, customer customer-friendly interfaces have made it easy to set the demands of consumers. This user-friendly interface aids with the necessary changes such as approaches to campaigns, customer engagements and services. Similarly, the appearance of E-commerce services has made the comparison of products available in the market along with the prices and the friendly interface acts as cheery on the cake for better customer engagement.

No Barrier or Middleman means No Chain!

The E-commerce platform has developed with an innovation of the B2C model that indicates a direct connection between the company and the customers. This eradicates all the middlemen and retailers. Similarly, digitization acts as a supportive bridge for FMCG to directly coordinate with customers to collect relevant data and reviews.

This creates a safe sphere for the brands to control their product services, consignment money, and command over their brand reputation which often gets deferred by the middleman. 

An AI Intervention in the Digitalization of Data

As per the reports of Statista.com, 33% of consumers prefer express delivery options, however, AI has changed the traditional shopping experience of customers by quickly and accurately analyzing data and revolutionizing the online purchase of products. FMCG has easily produced a personalized experience model for consumers. 

AI in online shopping not only serve the best customer experience but also helps in making important decisions by predicting future trends and market needs. The data systems can also look through lots of data to find patterns and understand what customers do. 

Enhance Inventory: Organized Data and Less Management

Technology is the way to open a business efficiently, especially in the FMCG industry, it has been useful in every sector of the business such as the supply chain, stock management and more. Thus, using digital tools and technology will help the other parts of the business work better like keeping track of money and smoothen the places where things aren’t working smoothly.

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Amazon India to Provide Personal Assistants to Over 1.2 Million Sellers

Amazon India to Provide Personal Assistants to Over 1.2 Million Sellers
Amazon India to Provide Personal Assistants to Over 1.2 Million Sellers

New Delhi, September 1, 2023 Bada Business – Amazon India is set to revolutionize its services for over 1.2 million sellers by offering each of them a personal assistant. The announcement was made by Mr. Manish Tiwary, the Country Manager for Consumer Business at Amazon India during the recent Amazon Smbhav SME event held in New Delhi.

This strategic move aims to streamline and enhance the delivery process for Indian SMEs (Small and Medium-sized Enterprises). Amazon India unveiled its innovative generative AI initiative, ‘Assistant,’ designed to assist SMEs at all levels in utilizing Amazon’s platform. ‘Assistant’ is tailored to cater to both tech-savvy and non-tech-savvy users, guiding them through the entire process of onboarding and utilizing Amazon services, effectively addressing the needs of a diverse user base.

While Amazon boasts a robust vertically integrated delivery infrastructure globally, in India, it predominantly relies on third-party service providers for its delivery network.

In a significant development, Amazon India has entered into strategic partnerships with two key entities: India Post and Indian Railways, to bolster its delivery network.

The collaboration with India Post is set to benefit SMEs seeking to expand their reach to global markets. Sellers can now simply drop their shipments at any of the over 100 India Post export centers in India. India Post will then take charge of exporting the consignments to overseas customers, simplifying the international shipping process for Amazon sellers.

entrepreneurs-Launchpad

Amazon India has already initiated operations in collaboration with Indian Railways’ Direct Freight Corridor Corporation of India (DFC) along the Haryana to Gujarat route. The e-commerce giant plans to expand its local and domestic delivery network further by adding more routes and corridors in the future.

These strategic partnerships primarily target Direct-to-Customer (D2C) sellers, both Indian and international. By collaborating with India Post and Indian Railways, Amazon India aims to gather valuable seller data, enabling the company to offer more tailored and optimized solutions to its vast network of sellers.

With these initiatives, Amazon India is taking significant steps to strengthen its support for SMEs, enhance its delivery capabilities, and provide valuable assistance to its growing community of sellers.

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Innovative AI-Based Business Ideas to Transform Industries

Artificial Intelligence ideas for Business
Artificial Intelligence ideas for Business.

In the rapidly changing technology landscape, Artificial Intelligence (AI) has become a game-changer, revolutionizing industries and providing new avenues for entrepreneurial success. From automation to data analysis, AI is transforming the way businesses operate, interact with customers, and make decisions.

Can AI-based companies make profits?

AI-based businesses have the potential to generate big profits. The integration of AI technology across various industries can lead to improved efficiency, enhanced customer experiences, cost savings, and innovative product offerings, all of which help increase revenue and profitability.

Here are some ways AI-powered businesses can generate profits:

  1. Improved Operational Efficiency:
    AI can automate repetitive tasks, optimize processes, and streamline operations. This leads to reduced labor costs, increased productivity, and more efficient resource utilization, all of which contribute to higher profit margins.
  2. Personalized Customer Experiences:
    AI enables businesses to deliver highly personalized and relevant experiences to customers. This enhances customer satisfaction and loyalty, leading to repeat business and increased sales.
  3. Data-Driven Insights:
    AI can analyze large volumes of data to uncover valuable insights about customer behavior, market trends, and business performance. These insights enable businesses to make informed decisions that drive revenue growth.
  4. Enhanced Marketing and Sales:
    AI-powered tools can segment audiences, predict customer preferences, and optimize marketing campaigns. This results in more targeted and effective marketing efforts, ultimately leading to increased sales.
  5. Cost Reduction through Predictive Maintenance:
    In industries like manufacturing and logistics, AI can predict equipment failures and maintenance needs. This reduces downtime, prevents costly breakdowns, and extends the lifespan of machinery, resulting in cost savings and higher profits.
  6. New Revenue Streams:
    AI-based businesses often develop innovative products and services that create new revenue streams. For example, a company might offer AI-powered subscription services, data analytics tools, or consultancy services based on their AI expertise.
  7. Efficient Resource Allocation:
    AI can optimize resource allocation by analyzing data to determine the most effective allocation of resources such as inventory, staff, and production capacity. This minimizes waste and increases profitability.
  8. Risk Management and Fraud Prevention:
    In industries like finance and insurance, AI can detect fraudulent activities and assess risks with greater accuracy. This reduces financial losses due to fraud and helps maintain a healthy bottom line.
  9. Upselling and Cross-Selling:
    AI can analyze customer purchase histories and behaviors to identify opportunities for upselling and cross-selling. This technique increases the average transaction value and drives additional revenue.
  10. Product Innovation and Differentiation:
    AI enables businesses to develop innovative products and services that stand out in the market. This differentiation can command premium pricing, leading to higher profit margins.
  11. Scalability and Expansion:
    AI-driven systems can be easily scaled to handle increased demand without proportional increases in labor costs. This scalability allows businesses to expand their operations and capture more market share efficiently.
  12. Competitive Advantage:
    By embracing AI early and effectively, businesses can gain a competitive advantage in their industry. This can lead to higher market share, stronger brand loyalty, and ultimately increased profits.

AI-based businesses can generate profits through increased efficiency, enhanced customer experiences, data-driven insights, and innovative offerings. However, it’s important to note that success in the AI space requires strategic planning, continuous innovation, and a keen understanding of both the technology and the specific needs of the target market.

AI-Based Business Ideas

In this article, we’ll explore some innovative AI-based business ideas that have the potential to reshape industries and create new opportunities for aspiring entrepreneurs.

  1. AI-Powered Personalized Shopping Platforms:
    Online shopping has become an integral part of modern consumer behavior. AI can enhance the shopping experience by analyzing customer preferences, browsing history, and purchase patterns to provide tailored recommendations. Imagine an AI-driven platform that not only suggests products based on individual tastes but also predicts future trends, helping businesses stay ahead in the market.
  2. Health Monitoring and Virtual Health Assistants:
    Healthcare is another sector ripe for AI innovation. AI-driven wearable devices can monitor vital signs, alerting users and healthcare providers to any anomalies. Virtual health assistants can provide personalized health advice, and medication reminders, and even detect early symptoms of diseases. Such technology not only empowers individuals to take charge of their health but also reduces the burden on healthcare systems.
  3. Sustainable Agriculture through AI:
    Feeding a growing global population while ensuring sustainable practices is a challenge. AI can be employed in precision agriculture to optimize resource allocation, predict crop diseases, and manage irrigation. This not only increases crop yield but also minimizes environmental impact by reducing the need for excessive pesticide and water usage.
  4. AI-Powered Mental Health and Wellbeing Apps:
    Mental health awareness is on the rise, and AI can play a significant role in providing support. AI-driven chatbots and apps can offer personalized therapy sessions, monitor mood changes, and provide coping mechanisms for users struggling with stress, anxiety, or depression. These tools can bridge the gap between individuals and professional help, making mental healthcare more accessible.
  5. Enhanced Customer Service with AI Chatbots:
    Customer service is a crucial aspect of any business. AI chatbots equipped with natural language processing capabilities can handle customer inquiries, provide instant responses, and even escalate issues to human agents when necessary. This not only improves customer satisfaction but also reduces operational costs for businesses.
  6. AI-Driven Content Creation:
    Content creation can be time-consuming and resource-intensive. AI-powered tools can generate written content, design graphics, and even compose music. Content creators and marketers can use these tools to streamline their processes, freeing up time for more creative and strategic tasks.
  7. Predictive Maintenance in Manufacturing:
    In the manufacturing sector, unexpected equipment breakdowns can lead to costly downtime. AI-enabled predictive maintenance can analyze data from sensors and machinery to forecast potential malfunctions. This allows businesses to schedule maintenance proactively, minimizing downtime and optimizing production efficiency.
  8. AI-Based Language Translation and Communication Tools:
    In a globalized world, effective communication is essential. AI-powered language translation tools can break down language barriers in real time, enabling businesses to connect with international audiences seamlessly. Additionally, these tools can aid in cross-cultural collaboration and negotiations.
  9. Financial Fraud Detection:
    Financial institutions can leverage AI to detect fraudulent activities in real time. By analyzing transaction patterns and identifying anomalies, AI algorithms can prevent unauthorized transactions and protect customer accounts from cyber threats.
  10. Personalized Learning and Education Platforms:
    The education sector can benefit from AI-driven personalized learning platforms. These platforms can adapt to individual learning styles and paces, providing targeted content and assessments to enhance students’ understanding and retention of subjects.

Conclusion:
The potential of AI in transforming business operations and creating new opportunities is limitless. These AI-based business ideas showcase how technology can be harnessed to address various challenges and cater to evolving consumer needs. As entrepreneurs, it’s crucial to stay attuned to these trends, exploring innovative ways to integrate AI into different industries and unlock a new era of business growth and success. By embracing AI, entrepreneurs can not only stay competitive but also drive positive changes in society at large.

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Entrepreneur’s Launchpad By Dr Vivek Bindra | Bada Business

Entrepreneurs launchpad
Entrepreneurs launchpad Event 2023, Delhi

Are you an aspiring entrepreneur or a business owner looking to take your venture to new heights? The Entrepreneur’s Launchpad event by Bada Business, initiated by Dr Vivek Bindra, is set to take place on the 23rd and 24th of September 2023 at the iconic Indira Gandhi Stadium in Delhi. It will be a transformative experience for all the attendees.

Entrepreneur’s Launchpad is a prestigious and transformative event designed for aspiring entrepreneurs, start-up founders, students and business owners who wish to enhance their knowledge and skills in various aspects of business development and success. The event brings together renowned industry experts, successful entrepreneurs and business leaders who share their experiences, insights and strategies to empower and inspire attendees.

Aim of Entrepreneur’s Launchpad Event

The primary aim of the Entrepreneur’s Launchpad event is to provide participants with valuable knowledge, actionable insights, and practical strategies to unlock their business potential and achieve sustainable success. The event focuses on key areas crucial for entrepreneurial growth and development, encompassing various stages of a business lifecycle, from inception to scaling and beyond. With a star-studded lineup of speakers, including Dr Vivek Bindra, Vivek Oberoi, Avadh Ojha, Ranveer Allahbadia, Jaya Kishori, Khan Sir and Manu Jain, this event is set to provide invaluable insights on crucial aspects of business growth.

Finding the Right ‘Prospect’ in Business

One of the fundamental challenges faced by entrepreneurs is identifying the right target audience or prospects for their products or services. During the event,  business coaches like Dr. Vivek Bindra will shed light on effective strategies to find and engage potential customers. Understanding the needs and pain points of your target audience is essential for crafting compelling offers that resonate with them. The speakers will share their experiences and practical tips for market research, customer profiling, and creating impactful marketing campaigns.

Learning How to Find the Right ‘Product/Service’

The success of any business heavily relies on offering a product or service that fulfils a genuine need in the market. Entrepreneurs often struggle with selecting the right product or service that aligns with their vision and resonates with their audience. At the Entrepreneur’s Launchpad Event, Dr Vivek Bindra will provide insights into the process of ideation, product development, and market validation. Attendees will learn how to leverage customer feedback, conduct product tests, and iterate to create offerings that stand out in a competitive landscape.

Increasing ‘Process & Performance’ in Your Business

Optimizing business processes and enhancing overall performance is crucial for sustained growth. Dr. Vivek Bindra, a renowned business coach, will share strategies for streamlining operations, improving efficiency, and fostering a culture of innovation within organizations. Additionally, Manu Jain, an expert in scaling businesses, will provide valuable lessons on overcoming operational challenges and managing growth effectively. Understanding the importance of metrics, automation, and delegation can significantly impact the success of a business, and these topics will be explored in depth during the event.

Mastering the Art of Earning ‘Profit’

Profit is the lifeblood of any business. At the Entrepreneur’s Launchpad Event, Vivek Oberoi and industry veterans will share their wisdom on financial management, revenue generation, and maximizing profits. Attendees will gain insights into pricing strategies, cost optimization, and effective financial planning. Moreover, Vivek Oberoi’s session will emphasize the importance of a growth mindset and embracing entrepreneurship as a vehicle for both financial success and personal fulfilment.

Learning to Capture the Customer’s ‘Problem’

Addressing customer pain points is key to building a loyal customer base. Ranveer Allahbadia will share their experiences in understanding customer needs, gathering feedback, and iterating products or services to meet evolving demands. An empathetic approach to problem-solving can create a powerful bond with customers and drive brand loyalty.

Learning how to manage ‘People’ ie Manpower of your business

Effective management of people involves clear communication, leading by example, empowering and delegating tasks, providing feedback, recognizing and rewarding achievements, setting clear goals, promoting work-life balance, resolving conflicts, investing in training, building a positive culture, staying approachable, managing performance, and adapting as the team and business evolve. Mr. Manu Jain is someone who has driven innovation and revolutionized the mobile industry in the last decade. One needs to be at the centre of their manpower to do so. Similar is the case with people’s favourite Khan Sir who runs the world’s number one educational YouTube channel and is an educator known for his knowledge and its application. These two will come and talk on this important topic for the attendees.

In addition to the keynote sessions, the event will also feature interactive workshops, panel discussions, and networking opportunities, enabling attendees to connect with like-minded entrepreneurs, mentors, and potential collaborators.

The Entrepreneur’s Launchpad Event on September 23rd and 24th, 2023, is a not-to-be-missed opportunity for all entrepreneurs, students and business enthusiasts. Whether you are starting your entrepreneurial journey or seeking to take your existing business to greater heights, this event promises to equip you with the knowledge, inspiration, and practical strategies needed for success. Mark your calendars and get ready to unlock your business potential.

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How Dr Vivek Bindra Made 12 World Records, Including 9 Guinness World Records?

Dr Vivek Bindra World Recored
Dr Vivek Bindra World Record.

“Difficulties of your life are not the dead ends. They are just the sweet bends”- Dr. Vivek Bindra.

In the realm of business education, one name stands out as a beacon of inspiration and knowledge: Dr. Vivek Bindra. As the CEO and Founder of EdTech startup Bada Business Pvt Ltd, Dr. Bindra has made significant strides in empowering entrepreneurs and business owners through his groundbreaking initiatives. With a relentless dedication to educating, skilling, and supporting small enterprises, he has captivated audiences worldwide through his interactive YouTube videos and record-breaking webinars.

Dr. Bindra’s exceptional achievements include securing an astonishing 12 World Records including 9 Guinness World Records in the field of online learning.

Guinness World Records – 9

Name of Guinness World Records Date
1. World’s largest online business lesson 24-Apr-20
2. World’s largest online sales lesson 31-May-20
3. World’s largest online lesson on strategy management 27-Jun-20
4. World’s largest online event on ‘How to Start up’ 15-Aug-20
5. World’s largest online lesson on retail management 27-Sep-20
6. World’s largest online event on leadership lessons 20-Jun-21
7. World’s largest online event on 40 Low-cost Marketing Ideas 15-Aug-21
8. World’s largest online event on Peak Productivity- Time Management Strategies 2-Oct-21
9. World’s largest online event on Passive Income with Personal Branding 11-Sep-22

Golden Book World Records – 3

These records not only highlight his unparalleled expertise but also reflect his commitment to transforming the lives of millions.

Dr. Bindra has continued to do an outstanding job of educating, training, empowering and supporting small entrepreneurs as well as business owners to hone their business skills throughout the year through its interactive videos on YouTube as well as its successful webinars which garnered the greatest audience.

Guinness World Records

Under the leadership of Dr. Vivek Bindra, Bada Business has scripted history by becoming the world`s first company to grab nine Guinness World Records back-to-back in online learning.

His series of business training sessions during the lockdown for Indian MSMEs were attended by crores of participants cumulatively. Here’s a list of the Guinness World Records that are to his name:

  1. World’s largest online business lesson (April 24, 2020):
    The ‘Online Business Lesson’ webinar which was conducted under the expert leadership of Asia’s top business coach Dr. Vivek Bindra, organized by Bada Business was participated by 4 Lakh unique users, and around 8 lakh participants across 115 countries. The webinar garnered 1 Crore minutes of viewing, which is a new world record for the Largest online business lesson. The webinar received the largest viewership leaving countries like the USA, Russia, and China behind. This was Dr. Vivek Bindra`s first attempt at GWR.
  2. World’s largest online sales lesson (May 31, 2020):
    Creating an iconic Guinness World Record for ‘Largest Online Sales Lesson’, Dr. Vivek Bindra conducted this webinar on May 31, 2020. The webinar received 15 lakh participants and 25 lakh logins from 138 countries across the globe. It was watched for 4 crore minutes with 95,087 unique viewers for 30 minutes of concurrency.
  3. World’s largest online lesson on strategy management (June 27, 2020):
    Breaking another record with the largest viewership for the premiere of an exclusive webinar on his YouTube channel based on ‘Strategic Management’, Dr. Vivek Bindra has claimed one more feather in his hat and 3rd Guinness World Record for highest viewership. His webinar received 122,323 peak viewers and was watched for 1,41,91,200 hours, making it the Largest Online Lesson on Strategy Management.
  4. World’s largest online event on ‘How to Start up’ (Aug 15, 2020):
    In his fourth attempt to make another prestigious Guinness World Record on 15th August 2020, Dr. Vivek Bindra made an all-new record for the largest viewership for his webinar on ‘Start-up Business Management’ on his most popular YouTube channel. Conducted by Dr. Vivek Bindra, the webinar received 210,626 concurrent viewers and was watched for a total of 1,84,41,720 minutes with 5.6 million reach, earning him his fourth GWR in 2020.
  5. World’s largest online lesson on retail management (Sept 27, 2020):
    In his fifth attempt, Dr. Vivek Bindra conducted a webinar on ‘Retail ka Mahakumbh’ based on ‘Retail Management’. The webinar once again reached 2.6 million viewers and received 84,023 concurrent viewers with 201.1K total unique logins earning him his fifth Guinness World Record in 2020.
  6. World’s largest online event on leadership lessons (June 20, 2021):
    After making back-to-back five GWRs in the previous year, Dr. Vivek Bindra came together with ISKCON (International Society for Krishna Consciousness) to create his 6th Guinness World Record for conducting the largest webinar on ‘Business Yoga with Bhagavad Gita’ on June 20, 2021. This webinar proved to be the greatest hit with 3,034,346 views. The webinar received 1,55,449 viewers on Dr. Vivek Bindra`s YouTube channel and was watched for 664,040 hours.
  7. World’s largest online event on 40 Low-cost Marketing Ideas (August 15, 2021):
    Continuing his streak of setting Guinness World Records, Dr. Vivek Bindra achieved his 7th record on August 15, 2021, with the world’s largest online event on “40 Low-cost Marketing Ideas.” This webinar aimed to provide valuable insights and strategies to entrepreneurs and businesses on cost-effective marketing techniques. The event witnessed an overwhelming response, attracting a massive audience. The event recorded a staggering viewership of 5,217,892, setting a new benchmark for online events. With this remarkable achievement, Dr. Vivek Bindra once again showcased his expertise in marketing and business management, empowering entrepreneurs with valuable knowledge and practical tips to thrive in their respective industries.
  8. World’s largest online event on Peak Productivity- Time Management Strategies (October 2, 2021):
    On October 2, 2021, Dr. Vivek Bindra added another milestone to his list of accomplishments by hosting the world’s largest online event on “Peak Productivity- Time Management Strategies.” This webinar aimed to equip individuals and professionals with effective strategies to optimize their productivity and manage their time efficiently. The webinar witnessed an overwhelming response from participants worldwide, reflecting the relevance and importance of time management in today’s fast-paced world. Dr. Vivek Bindra shared his expertise, providing practical insights and techniques to help individuals enhance their productivity levels and achieve their goals. The event garnered an astonishing viewership of 3,892,554, establishing a new Guinness World Record for the largest online event on Peak Productivity.
  9. World’s largest online event on Passive Income with Personal Branding (September 11, 2022):
    Adding another milestone to his remarkable journey, Dr. Vivek Bindra achieved his ninth Guinness World Record on September 11, 2022, with the world’s largest online event on “Passive Income with Personal Branding.” This webinar aimed to educate individuals on leveraging their brand to create passive income streams and achieve financial independence. Dr. Vivek Bindra’s expertise in personal branding and wealth creation resonated with a massive audience, resulting in a significant turnout for the event. The webinar attracted a viewership of 4,651,201, setting a new benchmark for online events on passive income and personal branding. During the event, Dr. Vivek Bindra shared valuable insights, strategies, and success stories, guiding participants in building and monetizing their brands effectively.

Through these Guinness World Record achievements, Dr. Vivek Bindra has consistently demonstrated his passion for sharing knowledge, empowering individuals, and transforming businesses. His remarkable ability to engage and educate millions through his webinars has cemented his status as Asia’s top business coach and a globally recognized thought leader.

Golden Book of World Records

  1. Most Live Viewers in a YouTube live webinar on the Art Of Parenting (10 July 2022):
    Dr. Vivek Bindra achieved the record for the Most Live Viewers in a YouTube live webinar on the topic of “Art Of Parenting” on 10 July 2022. This achievement highlights the significant viewership and engagement that Dr. Vivek Bindra’s webinar garnered, showcasing his expertise in guiding and educating parents on effective parenting techniques.
  2. Largest Online Motivational Session On Post Corona Business Strategies (26 April 2022):
    Dr. Bindra attained the record for hosting the Largest Online Motivational Session on Post Corona Business Strategies on 26 April 2022. This session showcased Dr. Vivek Bindra’s ability to motivate and inspire entrepreneurs and business owners to adapt and thrive in the post-pandemic business landscape. The event garnered a substantial audience, highlighting the impact of Dr. Vivek Bindra’s motivational sessions on business strategy and success.
  3. Largest Session On Entrepreneurship (24 September 2023):
    On September 24, 2023, history was made as Dr. Vivek Bindra achieved a monumental milestone at the Entrepreneur’s Launchpad Event held at the Indira Gandhi Stadium in Delhi. Driven by an unwavering passion for entrepreneurship, he orchestrated the largest session on entrepreneurship ever recorded. This remarkable feat not only left an indelible mark on the entrepreneurial community but also earned him a place in the prestigious 3rd Golden Book of World Records.

Dr. Vivek Bindra’s journey as a business coach and educator has left an indelible mark on the world of entrepreneurship. Through his groundbreaking webinars and extensive knowledge-sharing, he has empowered individuals, revolutionized businesses, and shattered records along the way. With a relentless pursuit of excellence and a genuine desire to uplift others, Dr. Bindra has become a global thought leader in business education. As his achievements continue to inspire millions, his dedication to empowering success through education is a testament to the transformative power of knowledge.

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Finance News

Major Income Tax Rule Changes starting from April 1, 2023

Income Tax Rule 2023-2024
Major Income Tax Rule Changes that came into effect from April 1, 2023.

Various changes to the income tax laws came into effect that will impact Indian taxpayers from April 1, 2023, which marks the start of the new fiscal year 2023-24.

The Indian economy has seen a boom, especially in the tax collections from the past few years. For the Financial Year 2022–2023, direct tax revenue increased by more than 20%. This number is expected to rise with time as the economy is on upside tack.

Nirmala Sitharaman, the Union Finance Minister, made the revisions public at the presentation of the Union Budget on February 1, 2023. A few modifications that were recently made in the Finance Bill 2023 are also expected to have an impact on some payers and entrepreneurs.

Some of the major changes that should affect everyone are as follows:

  1. The new income tax regime will be the default tax regime as of April 1, 2023. Tax assessors will still have the option to choose from the prior regime. For salaried individuals and pensioners, the standard deduction for taxable income exceeding Rs.15.5 lakhs is now set at ₹52,500.
  2. The standard deduction for employees under the old tax regime remains at ₹50,000. However, the finance minister has extended this benefit to pensioners under the new tax regime. Every salaried individual earning ₹15.5 lakhs or more will benefit from this at ₹52,500.
  3. Additionally, the government introduced an optional income tax regime in the 2020-21 Budget. Individuals and Hindu Undivided Families (HUFs) opting for this regime would be taxed at lower rates if they did not avail of specified exemptions and deductions such as house rent allowance (HRA), interest on the home loan, and investments made under Section 80C, 80D, and 80CCD.
  4. The enhancement of the tax rebate limit to ₹7 lakhs from ₹5 lakhs implies that individuals whose income is less than ₹7 lakhs need not invest anything to claim exemptions. Their entire income would be tax-free, regardless of the amount of investment made.
  5. Income tax slabs have undergone significant changes, with new tax rates as follows: nil for income up to ₹3 lakhs, 5% for income between ₹3 lakhs to ₹6 lakhs, 10% for income between ₹6 lakhs to ₹9 lakhs, and 30% for income above ₹15 lakhs.
  6. The leave encashment for non-government employees is exempt up to a certain limit, which was ₹3 lakhs in 2002 and has now increased to ₹25 lakhs.
  7. Investments made in debt mutual funds after April 1, 2023, will be taxed as short-term capital gains. This change will strip investors of the long-term tax benefits that had made such investments popular. Additionally, investments in Market Linked Debentures (MLDs) after April 1 will also be short-term capital assets. The grandfathering of earlier investments will end, and the mutual fund industry will be slightly impacted.
  8. Life insurance premiums over the annual premium of ₹5 lakhs would be taxable from the new financial year, which is from April 1, 2023. However, the new income tax rule will not apply to ULIP (Unit Linked Insurance Plan).
  9. Senior citizens will benefit from increased deposit limits for the senior citizen savings scheme and monthly income scheme. The maximum deposit limit for the former will be increased to ₹30 lakhs from ₹15 lakhs. For the latter, the maximum deposit limit for single accounts will increase to ₹9 lakhs from ₹4.5 lakhs, and for joint accounts, it will increase to ₹15 lakhs from ₹7.5 lakhs.
  10. Lastly, converting physical gold to an Electronic Gold Receipt (EGR) and vice versa will not attract any capital gain tax, effective April 1, 2023. These changes in income tax rules will have a significant impact on taxpayers, and it is advisable to consult with a financial expert to make informed decisions regarding tax planning and investment strategies.

The financial year of 2023 has brought numerous changes to income tax rules in India. Among the significant changes are the new income tax regime, tax rebate limit increase, the elimination of LTCG tax benefits on some debt mutual funds, and alterations to income tax slabs. The changes have now come into effect for everyone in the country. What will be the results of these changes? Only time will tell.

You can submit your comment regarding the article by commenting in the comment section. If you are looking for new opportunities in this field you should straightaway register for this Anybody Can Earn webinar by Dr. Vivek Bindra.

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News

7 Lessons Entrepreneurs Should Learn From Shark Tank India Season 2

7 Lessons Entrepreneurs Should Learn From Shark Tank India Season 2
7 Lessons Entrepreneurs Should Learn From Shark Tank India Season 2

Whether you started watching Shark Tank India because you love entrepreneurship or the memes that were all over the internet, or simply came through an episode while browsing social media; there are many lessons you can learn from the show.

It’s about several business and life lessons that allow you to have a look at India’s fast-paced, make-or-break entrepreneurial landscape. While it is true that Shark Tank presents business pitches and ideas through the lens of reality television, here are 7 intriguing Shark Tank learnings and vital observations for new startups and aspiring entrepreneurs:

  1. Success Is Driven By Passion: Pick any Shark Tank India episode and observe which entrepreneurs the sharks prefer to invest in. And you’ll recognize one thing they all have in common: they’re all pushed by passion. Being genuinely enthusiastic about what you do, regardless of whether you’re an entrepreneur, or working at any other level, leads to success.
  2. Presentation Is Important: Imagine receiving two dishes—one that is attractive to the eyes and the other that looks like a garbage pile. Which do you select? Obviously, the dish with the best appearance. It’s possible that the meal that wasn’t as enticing tasted better, but how would one learn that without trying? Similarly, you should portray what you’re saying or doing in a way that will catch people’s attention if you want them to pay attention. Sharks invested in some of the entrepreneurs featured on Shark Tank India because they presented their concepts brilliantly and made such compelling presentations. Present your portfolio even when you’re seeking a job so that, at least, nobody can refuse to give you a call.
  3. Clarity Is Essential In Life: Everyone desires to be successful, but still, only just a few people understand what they need to do to get there. The Shark Tank India judges praised contestants who demonstrated clarity about their thinking and business plans. Likewise, we can learn to achieve clarity in our opinions because clarity gives us self-belief, and self-belief allows us to accomplish anything.
  4. You Will Learn More From Failure Than From Success: The candidates’ journeys revealed the obstacles they had to overcome before they were given the chance to showcase their products. The Shark Tank India experts experienced similar struggles before they were able to invest in others. Before Lenskart became well-known, Shark Peyush Bansal founded several businesses, and Shark Vineeta Singh founded many businesses that flopped before Sugar Cosmetics succeeded.
  5. Only Resources Are Not Enough: Even if you had a brilliant concept worth a million dollars, what use would it be if you couldn’t start? Simply, quit feeling sorry for yourself and get to work. Taking the very first step is the only way to get to your destination. Even though your current resources may not be the best, you do have some. Utilize them; along the road, better things will appear.
  6. Find A Problem To Solve If You Want To Bring A Change: Shark Tank India inspired all of us to pursue entrepreneurship. Find a problem to fix if you’re in the same situation. Instead of inventing something and then attempting to create a market for it, identify an issue that people are currently suffering from and see what you can do to fix it.
  7. Investors Put Their Money Into Individuals More Than The Idea: Simply said, wise investors, choose to invest in people over ideas. In contrast, faulty founders could easily lose even a fantastic idea. Intelligent, skilled, and determined entrepreneurs are more likely to lead this process correctly. There are several incidents in the show where the sharks trusted the founder more than the idea and invested their money in them.

Work on applying these straightforward yet insightful lessons from Shark Tank India’s second season to your personal and professional life. You’ll definitely be headed in the correct direction. You can enroll for the Anybody Can Earn Webinar to know more about the facets of making money and multiplying it as per your wish. To Know More, you can visit Bada Business.