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FactsI'm a fan of the facts. Beyond other subjective things I feast on facts. Accordingly I'm very blue with respect to personality test i.e. Manny Pacquiao, a Pan-Asian boxer found me in bars back in the earlier 2000s debating with persons who had no idea who he was at the time. "7 titles in 7 different weight classes" at the time was my knock blow to all noise surrounding his relevance. Lebron James, an American NBA perennial all-star, through virtual osmosis brings in excess of $500 million to the city adjacent to his hometown that he calls home per year. Not simply an attraction but maybe more of a conduit or catalyst for those who have good luck. Note my father always informed me that luck, most specifically "good luck" is where preparation meets opportunity. And entities like the hotels have vacant rooms simply waiting to be filled. Note others and enjoy the facts in a financial context as well as statistical. I love the day when the facts win. Author C.C. Wragg 2017 ALL RIGHTS RESERVED. SINCERE HEADWAY INC.
Featured ArticleWhy is India so Important for Startups with Global Ambitions?
Any startup, event business, or event tech platform with global ambitions will need to start taking notice of the world’s 7th largest economy – India. Not only is its economic growth projected to outpace other large emerging markets like Brazil and China, making it the world’s fastest growing major economy, but by 2030 India is set to overtake China as the world’s most populous country with a staggering 1,484 billion people. This includes a potential demographic dividend which will see 20% of the world’s working-age population live in India by 2025.
A number of factors are contributing to India’s accelerating growth The use of the English language as a business lingua franca has played a deciding role in the rise of India’s services sector – while manufacturing in countries like China has slowed down.
Prime Minister Narendra Modi’s pro-business focus on improved education, deregulation and other reforms should have a positive effect on productivity, entrepreneurship, and the growth of higher-earning jobs. Government campaigns like Digital India are bringing high-speed internet to rural areas and increasing digital literacy, which will create new opportunities in the digital economy.
As the world’s largest democracy India has always been more free-market friendly than large, developing countries, such as Russia and China. This has nurtured the spirit of entrepreneurship in a country with over 1.5 million registered companies and 26 million SMEs. It is worth noting that India already has more companies on the Forbes Global 2000 list than Germany, Russia, or Brazil. Notably absent from the Forbes list is privately held Flipkart, India’s US $11 billion e-commerce platform. With the world’s third-highest number of tech startups India has started producing billion dollar platforms like Flipkart and Snapdeal, as well as a host of smaller global players like restaurant app, Zomato and customer support software, Freshdesk. Further good news for the Indian economy is that consumer spending is pegged at 59% of GDP compared to China’s 36%, making it less vulnerable to export and capital investment slumps. Nonetheless, India replaced China as the top destination for FDI by capital investment in 2015. To drill the point home, in 2015 Gujarat alone received more FDI than the Shanghai region, the commercial and financial centre of mainland China. According to a Standard Chartered report those twin factors – high economic growth and a dynamic young population – will make India the third largest economy in the world by 2030. By then its economy will also include a huge middle class – the people most likely to spend on private events and be involved with corporate events. The events industry is already playing a significant role in India’s economic growth India is no stranger to massive events. Kumbh Mela, the 12-yearly mass Hindu pilgrimage of faith in which Hindus gather to bathe in a sacred or holy river is considered the world’s largest congregation of religious pilgrims. In 2013, an estimated 120 million people visited the Maha Kumbh Mela in Allahabad over a two-month period. Then there’s the International Kolkata Book Fair, the most attended book fair in the world, attracting more than 2 million visitors annually. EEMA (the Event and Entertainment Management Association of India) has estimated the size of the organized event industry at about $886 million in 2016 with a 15% annual growth rate. That excludes India’s massive wedding industry that could be worth anywhere from $25 to $40 billion and which is apparently growing at an astonishing 25% per year. To put the scope of the market into perspective – the average middle-class Indian wedding budget runs to about US$34,000, on par with its American counterpart, albeit with much more bang for your buck. Event Tech is making a growing impact on the Indian events industry The wedding industry in India is so large and lucrative that Veristrat, a San Francisco-based web technology firm, developed a wedding app, Shaadi-e-Khas, especially for the Indian market. In general the boom in the Indian events industry has provided fertile ground for several event tech startups, with Ahmedabad-based events platform Hubilo, recently securing angel funding from a group of investors that included Freshdesk CEO and co-founder, Girish Mathrubootham. All this activity resulted in another positive spin-off; it created a receptive audience by introducing Indian consumers to the advantages of digital platforms and apps. The human race is known for its short and selective memory. We forget that until the 17th century India had the world’s largest and most advanced economy (25% of global GDP). And it looks like the pendulum is getting ready is to swing back in India’s favour. Rapid economic growth – tick. Burgeoning event industry – tick. Homegrown event tech market – tick. As Indian digital infrastructure grows and disposable income increases, more and more opportunities will arise for global tech companies, and especially event tech companies, with the right service or product offering. The trick is to start building those mutually beneficial relationships right now. For more material from Marc Steyn visit Eventerprise.com
© 2017 Sincere Headway, Inc. All Rights Reserved.
At Sincere Headway we understand that a mind easily overwhelmed by emotion, rooted in the past instead of the present, cannot see the world with clarity & urgency and will create strategies that will always miss the mark.
We have experience: TIME - time management & learning from the past FOCUS - persistence & responsibility PURPOSE - translating dreams into reality POSTURE - listening & problem solving Contributor Curtis Christopher Wragg © 2017 Sincere Headway, Inc. All rights reserved.
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to join our network. We as an enterprise, truly appreciate your references & recommendations. In 2013, it was a dream. Today it still is, however then short $100 million dollars of the goal, the dream has again changed, however the purpose has expanded into a new place of internal peace. A place in which “I am happy knowing that barring the missing or lack of fund(s), the dynamics of the idea(s) are impressive and furthermore, have been achieved.” Expressed Curtis Christopher Wragg of Sincere Headway Inc. “This current and new approaching chapter, is about the mobilization of a destiny, manifest destiny for those who have had dreams deferred like me. I will.” © 2017 Sincere Headway, Inc. All rights reserved.
"If you can't handle being talked about, lied on or not liked then I understand, however unless your play has been flawless, it unfortunately comes unwelcomed before as well as after you enter the selectively permeable membrane of success."
- Curtis Christopher Wragg "It was obvious once stated back in the days of TheFirm, however concurrent now, I firmly believe that the only thing we sell, is a real opportunity for business owners & business minded people, to evoke change in his or her business & or life."
At Sincere Headway, we understand that a mind easily overwhelmed by emotion, rooted in the past instead of the present, that cannot see the world with clarity & urgency, will create strategies that will always miss the mark. We have experience: TIME - time management & learning from the past FOCUS - persistence & responsibility PURPOSE - translating dreams into reality POSTURE - listening & problem solving Founder, Curtis Christopher Wragg Sincere Headway Incorporated All Rights Reserved 2017
A PASSION TALE is most typically a story told to remind and renew a faith in something, or a system of beliefs. Today, this April 16th 2017, we recognize annually an event in history in which the mixed ancestry and rich heritage of western civilizations developed and surrounded, otherwise on a time map, Christian society. Built and remembered through stories laid in ancient times, the choice to be remembered is rooted in the need to stabilize socially. The elements renew spirit, mobilize verve on life's board and humanize those that need a focal point. The choice to be remembered seldomly (adv) presents itself in the form of full disclosure. Most including myself might choose to check the boxes of our goals moreover waste time on things about the caliber and the dynamics of the flowers per se after we're gone. Sincere Headway, Inc became a goal. And, if our goals determine the roads we may travel, then only because of its potential and your faith which may renew everyday, we as a company are not walking on gravel. Sincerely, C.C. Wragg Founder The last fore months have been eventful, working within multiple insurance operations to better understand, what to do with my licenses and honestly to create a revenue stream that I personally can leverage. The most impressive operation and I parted ways after I requested a meeting with a floor manager. I asked if I could be of more help to the enterprise in the customer service department, due to the lack of leads in the pipeline of the department over the course of the previous days, knowing the formula to route leads to me inbound would require time, time for me to mature statistically within the system, it was a win-sum game. What happened? Well my request ended in a witty exchange that resulted in a request that I leave for complaining, adjacent to an advise to seek out a couple of firms to potentially better suit my services as an agent. Leverage = Debt I briefly held the title of Funds Manager for a strategic sourcing firm and discovered I personally have the same, if not better existing active resources in place already. Accordingly, what came first, the chicken or the egg? Walk with me... Signed, C.C. Wragg The Founder "a man's dreams are the index to his greatness." - ZR |
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