My own Evaluation

I started my entrepreneurial journey three year ago. This was the first blog I created. Although now formal blog of Bihar Development Trust has moved to www.bihardev.blogspot.com.

I am using this blog to vent out my personal frustrations. Over last three years , we have grown. We have survived. In eyes of many people we are success story. We have given loans to 5300 women . We have disbursed more than Rs.520 lakh in last three years. We have recoevered more than 4 crores over last three years. Our women members are repaying well. Our staff team is very good. We have almost zero attrition. Even those staff who went due to personal ego stuff, have come back. We have build a great team of 50 people. We have sold silk product worth 5-60 lakh in two years from bahgalpur. We have provided employemnt to around 30-50 weavers in somewhat regular manner. We have registered an organisation of weavers in Lodipur named LODIPUR BUNKAR TRUST. We hope to build this organisation as weavers owned organisation managed by professional like AMUL. We are forming farmer clubs in Aurangabad. We have an outreach of 1000 farmers. We are trying to create a farmer federation structure and do a AMUL in grain commodities. We have created a bamboo processing unit in Kahalgaon. Around 200 women SHG members are getting employed on regular basis and more than 1000 women will get employed in this project. We have created four organisations till date. Our group revenues are more than Rs.100 lakh. We are somewhat profitable but not in a very big manner. We have a balance sheet size of 2.5 crore. But , is this enough?

To grow more, we need more and more funds. These funds are slow to come by. We have to give employment to 10 lakh people of Bihar. For this our size should be atleast 25000 crore. We have to create more labour intensive industries which can give jobs to unskilled men and women after small traning. We need to more marketing to support more bamboo processing unit. We need more marketing in silk to support more handloom weavers. We need more marketing in grains and their processing so that it can support more farmer profitably.

Of my 20 billion dollar dream, I had built my three criteria on which I would like to be evaluated after 2020.

Did I achieve my goal of creating a 20 billion dollar organisation headquartered in Bihar?
Did I created 100 organisation in Bihar?
Did I create 10 lakh jobs in Bihar?

Where I am in 2011.............

The total balance sheet size of all organsiation will be 0.5 million dollar. The market value may be debatable as it is not listed.
A total of 4 organisation has been registered and running till date.
A total of 50 direct jobs and 1000 indirect jobs has been created.

So,I have achieved 0.025% of first goal, 4% of second goal and 0.1% of third goal in last three years.

Am I going all right, I do not know. I do not know when did I visualised these three goals as my guiding force. I did not how did I created those metrics in 2007-2008. But they have stayed with me and I am hell bent on achieving these goals.

Its destiny,fate or its written. I will keep working towards it till I die.

18 TILL I DIE..............

JAI BIHAR............