What is the biggest reason for failure of best of the brands

Can it be to over expansion? Well, yes, it may but one would have to define what kind of over expansion is. One may be, especially if it is a prestige brand, putting it in places that are not known for selling these brands can do it. This has happened with the iNet as many sites found ways to not just show them but cut the prices on them thus lessening the prestige aspect of the brand. 

Are their other reasons? You bet there are 

* new competition and then not keeping up with or surpassing what the competition is doing. Look what happened to Blackberry and Palm. 

* The market has changed and the brand or even the whole genre has gone away or is only a shadow of what it was. In the US (and may have happened in other countries) is the tabletop lines (silverware, dinnerware, stemware, table linens) have almost entirely disappeared from stores. The name of these lines/brands had a long history and many had been around for over 250 years. 

Why did the wane? It was due to the growth of the restaurant businesses i.e. when people were to have dinner with friends they went to restaurants vs having a dinner in their home. The other reason why the restaurant business took over was that many women were working and did not have the time to prepare a nice dinner served on a well appointed table. If these are, and they were, the case, who needs the fine table appointments that these stores sold? 

* a business being taken over or absorbed by firms who either did not understand the products or really only needed certain parts of what they firms/brands has to offer. 

Sometimes this is called "the MBA syndrome" in that business schools were stressing that since all businesses were the same, anyone with an MBA could run any business. Yeh? 

(Note. I am not anti-MBAs. I am only against the reasons and attitudes that have caused the the disappearence of the best of brands.) 

Part of this problem was that to increase profit the only thing was to decrase quality or raise prices. 

* While a brand has value, the business itself was only good for salvageing it for parts. 

If stores are brands, then any and all of the above have caused the great retailer in the US to disappear -- B.Altman in NYC, Marchall Field in Chicage, Bulocks in Los Angeles OR Subhiksha in India. And those stores with brand names that are still around are not what made the brands important. 

Real estate market is largely dependent on sentiment.

E.g. When Vilas rao deshmukh was minister, Latur city has seen a tremendous appreciation in land prices.
There's instances, when price of land doubled in one night on rumors that Vilasrao deshmukh is planning to open a factory there.
That factory never got opened.
After sad demise of Vilasrao,Latur has lost euphoria and prices have been down by big number.
Last report said there's more than 7000 empty flat in Latur that no one ready to take.

Same happened in navi mumbai when govt announced new airport project
But that was 7 years ago and it yet to receive any clearance.
God forbid, but if tomorrow government decide to shift it to some other locations then all those "smart" people who has bought land in "hope" of getting quick return are doomed

People,
Just look at Western market.
They have very well developed and regulated real estate market still every few year they have very big up and down in market.
Many real estate magent / tycoon have becomue bankrupt.
Eg. Donald Trump

It's just pure greed and lack of willingness to look further beyond traditional investment options ( land or gold), has led to poor financial conditions.


So I would suggest please think rationally before making any investment.

Another point I would make is when people talk about ROI in real estate against that of stock markets.


People invest hardly more than one lakh in one particular stock where in real estate they invest more than 50 lakh in one single property (flat / apartment)

How can you compare these two?
It's like comparing oranges with apple. ALBEIT APPLES R TOOO EXPENSIVE N LITTLE ROTTEN AS WELL.

VISUALIZATION

Visualize whatever you want you to be in life.

When you visualize then you materialize.

In visualization always focus on the end result. For Instance: If you want to become a performer like Michael Jackson then just go in your room play some music and perform with a smile. It’s not only thinking about it rather it’s also FEELING it.

Imagination is everything; it is the preview of life’s coming attractions.

Whatever the mind of a man can conceive it can achieve.

When you get an inspiring thought it is very important to act on it.
YOU only create your reality with the thoughts you have, trust you develop for it and the action you take.

A very Useful Exercise: Just say to yourself LOUDLY, whatever you want to have. Like: “I am so happy. One day I will become a millionaire due to my passion for my business”.

I remember, Robert T. Kiyosaki, the author of Rich Dad Poor Dad, also suggests that people should daily look at the car they want to buy one day. This will create an URGE to earn it.

The Visualization Process:

1. TELL yourself whatever you want to have.

2. THINK what you are telling about. It will come automatically. Successful people didn’t know exactly, how they will gain success but universe did that for them.

3. TREAT yourself worth of achieving it.

4. TAKE IT because you will SURELY get an opportunity to have it due to your POSITIVITY.

“Power is within and is therefore under our own control”, Robert Collier

If you wish for something just go for it. DON’T BE HESITANT. You know it is logical don’t miss an OPPORTUNITY. Just ACT!!

“Take the First step in Faith. You don’t have to see the whole staircase, JUST TAKE THE FIRST STEP”, Dr. Martin Luther King Jr..
And as per me, the first step is VISUALIZE it.

Most People offer the majority of their thoughts in response to what they are observing

“All that we are is the Result of what we have Thought”, Buddha

Scuttlebutt: Philip Fischer “The Great Economist”

In “Common Stocks Uncommon Profits” Philip Fischer has beautifully explained how, when, what stocks to buy and everything required to make a profitable investment.

One of the most important concepts in that is “Scuttlebutt”. In this concept he tells investors to go and meet various stakeholders of a company in which you want to invest. You need to meet former employees, current employees, customers, suppliers etc. (as per issue you want to inquire about).

E.g. If it is a Retail business you need to take into account “customers” view regarding why they buy this brand? Are there any stock-outs? How much brand loyal they are?

But I think this highly admired concept is not only applicable on “Capital Market”. It can be used everywhere. For instance: I want to do Engineering and want to know about a college. This is my investment of Lacks of Rupees (as fee) and 4 precious years of my life.

I firmly believe it’s up to you what you want to learn and how you want to implement in your life. I was benefited by this concept in my stock picking decisions as well as in my other decisions.

Have Attitude of Gratitude

THANK god for everything you possess. You will feel more confident & constructive in life.

As we have observed that, whenever anyone thanks someone for its support they both feel great about it. It brings smile on their faces and smile makes you effective in sorting out things.

Gratitude brings a feeling of satisfaction about what you possess. It with a correct vision will give a direction of success.

Gratitude gives you POSITIVE VIBES and above all it also makes people around you attracted towards you. This attraction will definitely facilitate you in your endeavors. Your subordinates for instance will always respect you behind your back as well, your peers will support you willingly & your boss will mentor you to make you successful.

This attitude is not only helpful in professional life but also in your personal life. Be it your folks or your friends.

If you don’t believe in this “Attitude of Gratitude”, just stopping thanking everyone and you will then face ill feelings of others and post that you will realize its importance and surely a change in your Attitude.

Left handers are stylish and rare

Does it matter that you use which hand often to do your work? I have observed that be it a sport, movie or any show performer’s with the use of left hand seems to be stylish.

Be it Amitabh Bachchan way of tilting on left side and standing or his running by bending slightly on left hand side or clapping from left hand. There is charm in all of them. It is a style statement.

R. Nadal, the tennis icon has poor records than Roger (world no. 1) but is quite popular due to his style. In cricket it is Yuvraj Singh whose batting style seems very interesting due to him being a left hander batsman.

But what about people who can use both the hands with equal efficiency (ambidexterity). They are stylish as well as more “resourceful”, similar was a friend of mine. He use write with right hand if someone is sitting on his left side and vice-versa. This use to help him cheat quicker and sometimes beat the person he is copying from.

Happiest people in this World

If we have to find which “set of people” in this world are happiest? It may be by their country, continent, caste, creed, religion, profession, gender etc. it would be interesting to know. People on the earth do different things, even if they do same thing they might do it very differently. In a country like India we find so much of diversity in culture, customs, and lingo after few miles only. People are so different from each other that just with the accent people can identify your region and in your name they will find your religion or country.

If, I talk about happiness, it is a universal need. Whenever, I switch to any radio station and listen to its young and flamboyant RJ; I find no one is so much enthusiastic about things in this whole world as much as they are. They have answer to each and every question anyone is perturbed with in their lives. Listeners having issues in their love relationship, sex life, ewe teasing or however big or personal it may be RJ thinks they would resolve it with snap of their fingers.

Though it is only about link-ups they want to talk about. I think it would be an interesting study that “How many people after implementing advice of any RJ feel HAPPY?”

While my daily commutation I use to hear various shows on different radio stations for 10-15 days consecutively. Daily there were different guests, different callers, different songs, different RJ’s but 1 thing was same “The level of Enthusiasm was always 10 on 10”. Someone rightly said, “Food with lack of salt can be improved by adding salt but if it is extra you can only spite that”.

I am also quite energetic and zealous person but as everyone believes be it energetic & enthusiastic girlfriend or manager a bit of Calmness is always appreciable. And I believe it goes for a RJ as well.