Wednesday, July 14, 2010

Business Model

20 years back, an average working Indian would have had 10 Rupees in his pocket/dhoti and felt safe/secure for that day. His spendings for that day would not exceed that even if he turned a bit lavish.

Now, an average working Indian would carry 500 Rupees in his pocket/jeans and feel safe/secure for that day. His spendings for that day would not exceed 300 Rupees (considering inflation, etc.).

Now, a business model to loot that extra 200 Rupees is what I need to work on. Hmm..I believe this is the basis for a super market or an online market.