Yagna Entrepreneur Success Service LLP aims to help move the Indian economy from third world to first world status by improving productivity. Small and medium-sized enterprises account for over 50% of manufacturing output in India but have high failure rates, with only 4% surviving beyond 10 years. This is due to owners wearing many hats and lacking management skills, resulting in mistakes and poor performance. Yagna proposes providing consulting services to help owners protect their current business, build for the future, and improve productivity long-term through assessing needs and implementing sustainable solutions.
3. Entities in Indian Economy
Established Large
Enterprises –
Low number + High Value
Start-ups, Micro & Small Entities
High number + Low Value
Opportunity = Existing, > 10
years > 25 Crs, Owner
Managed, Aspiring to Grow
Big 10
Consulting
Firms Target
these
4. ▪ SME’s account for >50% of
Manufacturing output in India.
▪ Many start-ups come into
existence but their survival rate is
dismal.
▪ 20% survive after 5 years and only
4% after 10 Years
▪ Only a small fraction develop into
the high-growth firms which make
important contributions to job
creation.
▪ Such high mortality results in
wastage of scarce resources and
reduces productivity of economy as
a whole.
The Market Problem
5. ▪ An SME owner usually has to
wear many hats -- CEO,
accountant, human resources
manager, purchasing
manager, financial officer
▪ In most of these fields she
lacks adequate management
skills
▪ This usually results in a
number of mistakes,
including poor time
management, inadequate
record keeping and financial
controls, pricing mistakes,
faulty hiring, and so on.
A known fact!
6. SME Owners
spend
considerable
time in fire-
fighting
SME Owner is
hard pressed to
spend time on
planning for the
future or
implement
robust systems
Resources and
opportunities are
wasted
SME struggles to
make ends meet.
Profits are
negligible.
SME finds it
difficult to
attract and
retain talent
Sustaining any
improvement
initiative to its
logical
conclusion is
difficult
SME owners are stuck in a vicious cycle
7. SME Entrepreneur’s Dilemma
A: Do well now
as well as in
future
C: Build for
Future
B: Protect the
current status
D’: Focus on new
initiatives
D: Focus on day to
day fire-fighting
In order to have A, we
must have B
In order to have
B, we must
have D
In order to have
C, we must
have D’In order to have A, we
must have C
Objective
Need
Need
Want
Want
8. An ideal solution would be
A: Do well
now as well
as in future
C: Build for
Future
B: Protect the
current status
In order to have A, we must
have B
In order to have A, we must
have C
Objective
Need
Need
• The current
investment and
employees deliver
far more than earlier
• The cost of the new
initiatives is derived
from additional
income
• The solutions
implemented are
stable.
• A Decisive
Competitive Edge is
created which
ensures future
revenues
9. Each enterprise is a puzzle to be solved
Owner
Entrepreneur
Consulting
Entrepreneur
13. YAGNA – A Professional Cooperative
Awareness Assessment Adoption
14. Identified poorly
addressed
significant need
of the market
Build capability
to deliver to the
significant need
better than the
competition
Capitalize on the
unique capability
to generate
higher
throughput.
People – Involvement through
Measures
People – Involvement through
Measures
ITSolutions
ITSolutions
Sustain the
increased flow by
managing capacity
enhancement
smoothly.
1 2
4
3
16. ▪ India can become prosperous by improving productivity.
▪ Most of the current investment of money and talent is
being poured into new businesses – startups – inherently
dicey as far as productivity improvement goes.
▪ Large corporates have their own inertia and diminishing
marginal utility for productivity improvement.
▪ Medium sized owner managed businesses are neither
SMALL nor BIG but have key to wealth creation
Unaddressed elephant in the room in Indian Context
17. INTERESTED?
If you’re excited by Yagna’s revolutionary way of
business and wish to seek partnership with Yagna
Resultants, do get in touch with us at:
YAGNA
ENTREPRENEUR
SUCCESS
SERVICES LLP.
C-6/2, GERA’S EMERALD CITY,
SITE NO.66, BANER,
PUNE – 411 045
Tel: +91 99220 02351
www.yagnaworld.com