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Our smart Indians picked up business ideas from foreign countries and implemented successfully in India!
Book My Show
(Business idea from South Africa)

Ashish Hemrajani was working in South Africa for an advertising company in 1999.
One day he was listening to a local radio station in South Africa. Suddenly there was information about selling tickets of a
Rugby game.
He was very inspired with the idea. With his friends, he started BookMyShow.com

Today Book My Show sells around 3 million tickets every month.

PVR Cinema
(Business idea from USA)

Ajay Bijli got married in 1990 and went to USA for honeymoon.
During his honeymoon he was in Orlando, Florida and was impressed by a chain of modern cinemas.
He started PVR (Priya Village Roadshow) in 1997 and introduced the multiplex concept.
Today PVR is the largest cinema chain in India with around 600 screens.

Hot Breads
(Business idea from Singapore)

Mahadevan was teaching taught Marketing and Cost Accounting in different colleges.
Later he started hotel Tic Tac in Chennai.
During his Singapore trip, he saw little bakeries and he was impressed.
From his hotel business, he diversified in to a bakery business.
He started Hot Breads.

Shramik Portable Toilets
(Business idea from Canada and USA)

Rajeev Kher did his MBA from Symbiosis, Pune and went to USA for internship.
He first noticed and impressed by the concept of portable toilets in USA and Canada. He decided to start a portable toilets business in India.
He left USA and started the portable toilets business in India.
The brand name is 3S Shramik.

Because of his venture few lakhs people use this toilet facility in India.

Real – packaged juice
(Business idea from USA)

Amit Burman is the Vice Chairman of Dabur Group. He did his MSc from Columbia University.
While he was studying at university he enjoyed packaged food like juices.
After studies he returned to India, he noticed that there was a demand for packaged juices in India and no other suppliers were in India.

So, he started Real, the packaged fruit juice in India.

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Successful Business in USA but failed in other countries!
Some companies are very successful in one country but failed in other countries.

eBay (Successful in USA but failed in Japan)

In February 2000, eBay entered Japan.
First reason, eBay entered late.
Second reason, eBay charged a commission on transactions but Yahoo did not charge.
Third reason, eBay hired 60 year old Japanese American.
Generally, the concept of online business is said to be suitable for youngster.
Yahoo spent millions for marketing, its website through hoardings in various places in Japan.
In fact, Yahoo was not a major online auctions player but eBay being auction site, failed.
So, Yahoo had 95% of market share.
In 2012 eBay was closed in Japan!

Starbucks (Successful in USA but failed in Australia)

Starbucks entered Australia in 2000.But in 2008, Starbucks closed more than 60 stores in Australia.
Only a few Starbucks stores were left operating in prime locations in Australia.
Why? There were many reasons.
One of the important reasons was inexperienced manpower, it employed less experienced younger people.
The result?
Starbucks Australia had to face a huge loss.
Yes, Starbucks lost in millions!

Walmart (Successful in USA but failed in Germany)

Walmart entered Germany in 1997 by acquiring few stores of two local chains.
Though Walmart prices were cheaper in some categories but German competitors dominated the grocery market with smaller stores..
Another interesting reason was culture difference.
Reports even say, Walmart instructed its employees to smile at the German customers but the Germans did not like the culture!
Finally, Walmart sold its stores to its competitor.
In 2006 after 8 years, Walmart left Germany with loss of 1 billion dollars!

Best Buy(Successful in USA but failed in China)

Best Buy entered China in 2006.
But failed in China.
Why?
First reason was the price. In Best Buy the prices were of higher than the local stores.
Second reason, the 2 famous retail outlets Gome and Suning were very close to Best Buy stores in Shanghai.
Third reason, Best Buy did not train Best Buy employees sufficiently and they are not well accustomed with the products.
Fourth reason, Best Buy built supersize stores but Chinese customers wanted to avoid traffic congestion.
In 2011 Best Buy was closed in China!

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Jayashreee Industries ( Rewrote the rules of business in making cheaper napkins )
A.Murganantham was born in a poor family, in a village of Tamil Nadu.
He studied up to 10th standard and worked as a helper and earning only Rs 2 per week.
He noticed his wife during menstrual cycle, was using a dirty cloth and she said the napkin was expensive.
He bought a packet of napkin to confirm whether it was a cotton material.
But he realized that it was not cotton. It was cellulose.
Then he searched for the napkin making machine.
It costed Rs 4.5 crore.
In 2005 by trial-and-error method, he designed his own machine for Rs 50,000. His machine could make up to 1000 napkins
every day. And the napkins produced from his machines could be sold for less than Rs 2.
His company also supplies machines and raw material for making sanitary napkins.
So far his company made more than 700 machines and installed in 23 states.
Because of his innovation, more than 2 lakhs women stopped using unhygienic rag cloth and started using hygiene sanitary napkins.
Not only that, more than 7000 rural women got employment through his low cost sanitary making machines.
The IIM Ahmedabad and other engineering colleges, invited him as a guest speaker.
His machine has also been chosen by the MIT for using in African countries.
Then he searched for the napkin making machine. It costed Rs 4.5 crore!
In 2005, by trial-and-error method, he designed his own machine for Rs 50,000. His machine could make up to 1000 napkins every day. And the napkins produced from his machines could be sold from Re1 to Rs 1.50.
His company also supplies machines and raw material for making sanitary napkins.
So far his company made more than 700 machines and installed in 23 states.
Because of his innovation, more than 2 lakhs women stopped using unhygienic rag cloth and started using hygiene sanitary napkins.
Not only that, more than 7000 rural women got employment through his low cost sanitary making machines.
The IIM Ahmedabad and other engineering colleges, invited him as a guest speaker.His machine has also been chosen by the MIT for using in African countries.
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But our smart Indians picked up business ideas from foreign countries and implemented successfully in India!
Book My Show
(Business idea from South Africa)

Ashish Hemrajani was working in South Africa for an advertising company in 1999.
One day he was listening to a local radio station in South Africa. Suddenly there was information about selling tickets of a
Rugby game.
He was very inspired with the idea. With his friends, he started BookMyShow.com
Today Book My Show sells around 3 million tickets every month.

PVR Cinema
(Business idea from USA)

Ajay Bijli got married in 1990 and went to USA for honeymoon.
During his honeymoon he was in Orlando, Florida and was impressed by a chain of modern cinemas.
He started PVR (Priya Village Roadshow) in 1997 and introduced the multiplex concept.
Today PVR is the largest cinema chain in India with around 600 screens.

Hot Breads
(Business idea from Singapore)

Mahadevan was teaching taught Marketing and Cost Accounting in different colleges.
Later he started hotel Tic Tac in Chennai.
During his Singapore trip, he saw little bakeries and he was impressed.
From his hotel business, he diversified in to a bakery business.
He started Hot Breads.

Shramik Portable Toilets
(Business idea from Canada and USA)

Rajeev Kher did his MBA from Symbiosis, Pune and went to USA for internship.
He first noticed and impressed by the concept of portable toilets in USA and Canada. He decided to start a portable toilets business in India.
He left USA and started the portable toilets business in India.
The brand name is 3S Shramik.

Because of his venture few lakhs people use this toilet facility in India.

Real – packaged juice
(Business idea from USA)

Amit Burman is the Vice Chairman of Dabur Group. He did his MSc from Columbia University.
While he was studying at university he enjoyed packaged food like juices.
After studies he returned to India, he noticed that there was a demand for packaged juices in India and no other suppliers were in India.

So, he started Real, the packaged fruit juice in India.

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Johnson and Johnson (Employees are honoured differently )
In 1921 Earle Dickson was working for Johnson and Johnson as a cotton buyer.
His wife used to get injuries often while making food.
Earle Dickson started making his own method.
He used to cover the wound with thin mesh-like cloths and tapes.
But incidentally both the cloth and the tape were manufactured by Johnson and Johnson!
His boss James Johnson saw Earle Dickson’s invention and decided to manufacture band-aids to the public.
And later, Earle Dickson was also promoted as Vice-president of Johnson and Johnson.
Surprisingly, Band-aid became one of the popular brands of Johnson and Johnson.
The revenue of Johnson and Johnson is more than 70 billion dollars and employs more than 1,00,000 people.
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Ikea (Employees are honoured differently)
Ikea was founded in Sweden by Ingvar Kamprad in 1943.
Catalogue is the main marketing tool for Ikea and it spends regularly with a huge budget.
Recently Ikea printed more than 200 million copies of the catalogue worldwide.
And it has 62 different versions of the catalogue, created for 43 countries.
What Ikea has done for its employees?
His own employees are the models, in his company’s catalog.
It is the great way to encourage the employees.
No wonder,Ikea is the largest furniture retailer in the world.
The revenue of Ikea is more than 30 billion euros and employs more than 1,50,000 people.
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Ceat Group (Employees are honoured differently)
Ceat was founded in 1958.
Anant Goenka is the Managing Director of Ceat Group.
He is a MBA from the KelloggSchool, USA.
He always encourages the company’s top performers.
How?
He calls them for lunch meeting!
In Ceat, it is known as MD Connect.
The MD Connect lunch meeting makes the employees feel proud and encourages them to work more hard.
Having a lunch meeting with the Deputy Managing Director will be an unforgettable event in any employee’s career!
Ceat has understood the value of honoring its employees, when many companies failed to do the same.
The turnover is more than Rs 5000 crores and employs more than 7000 people.
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The CEO of Lenovo is generous to his employees
In 1984 it was started in China as Legend and later it became Lenovo.
Lenovo makes desktops, notebooks, table computers, smart phones, televisions and scanners.
Yang Yuanqing is CEO of Lenovo.
He shared his annual bonus of 3.25 million dollars to his 10,000 employees.
Most of those employees are front line employees employed in China.
The revenue of Lenovo is more than 40 billion dollars and employs more than 50,000 people.
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Fedex (Employees are honoured differently)
Fred Smith founded Fedex in 1971 in USA.
Fedex operates in more than 220 countries and it has more than 600 planes for their delivery.
How does Fedex honour his employees?
All the planes in Fedex are named after its employees’ children’s names!!
Wow.
What else the employees need!
Fedex employs more than 3,00,000 people and its revenue is more than 14 billion dollars.
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Many times,for some employees the recognition is important more than the salary.
Only some companies understand the importance of this!!
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