Htacpl
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Hi-tech Accurate Communication Pvt. Ltd Managing Director Mr.Vimal Vassishtha by deepika verma
Introduction
Hi-Tech Accurate Communication Pvt. Ltd referred as HTACPL provide enterprise-wide e-business and infrastructure solutions Manufacturer and exporters of access control system, fire alarm & suppression system, CCTV , international private leased circuits (IPLC), IP based VPN services Firm Type Nature of Business Level to Expand
pvt ltd services national
Name of entrepreneur :Mr. Vimal vassishtha (MD) Current turnover :3-4 cr No. of employees :35-40 Address :490,Functional Industrial E, Patparganj, Delhi – 110092 E-mail ID : [email protected] www.htacpl.com
INITIAL PHASE
Graduated in B.Com(H),DU Brought up at Meerut (UP);later shifted to Delhi Father was Electronics Engineer in IAF;mother was house wife Set his business in 1995 in Nooriji Market ,near Sarojini Nagar,ND as a telephone exchange PROVIDER In starting ,worked only in office automation system (EPBAX)
Source of inspiration
He realized the growing market of telecommunication So he entered in telecom market as telephone exchange PROVIDER
Source of Finance Initial capital Also mortgaged his house to source further amount of capital
GROWTH PHASE
Business was profitable from the very begnining He soon grabbed big names like NORTEL,RELIANCE into his pocket He then realized the expanding market of security systems like electronic Access control etc.& entered into its market
Problem faced by him
Major problematic areas were sales,Technical knowledge, financial problems etc Ununiformity in attention paid to different set of product / services Lack of technical knowledge required for the business is a major issue Financial losses bound to occur; sometimes due to clients' hostile behavior Employee-retention another major issue
Corrective Measures
He tried to maintain good employee-employer relation by giving them a sense of belonging in the firm Try to appoint persons having more appropriate technical skills Provide more frequent training to ammeters Recently appointed a customer relationship manger in order to boost up relationship with his clients
Personal Insight strengths
Hard working Sincere to job Analytical Opportunity seeker
weakness
Lack of time management Lack in technical knowledge
Hobbies
Sports specially Table Tennis,Badminton,(played up to zonal level in college) Reading books (Alchemist, monk who sold this ternary and leadership wisdom by robins & Sharma) Traveling to historical places
Views on current market situation
Currently, security systems market is expanding More and more companies are entering into this market eg.BhartiAirtel,Tata ,Aditya Birla group Increasing terrorism is making people more cautious regarding individual safety as well as organization safety Sees huge potential in security system business in near future
Qualities in an entrepreneurs
Entrepreneurs must have lots of patience A clear vision always be motivated Not satisfied with what he has got Entrepreneurs are made or born 50% born-50% made Some inherited qualities are there but you need to polish them up and grinding those skills through experience Getting considerable share in this market segment
VISION
by revenue organization should grow to 15-20 cr
THANKYOU
Introduction
Hi-Tech Accurate Communication Pvt. Ltd referred as HTACPL provide enterprise-wide e-business and infrastructure solutions Manufacturer and exporters of access control system, fire alarm & suppression system, CCTV , international private leased circuits (IPLC), IP based VPN services Firm Type Nature of Business Level to Expand
pvt ltd services national
Name of entrepreneur :Mr. Vimal vassishtha (MD) Current turnover :3-4 cr No. of employees :35-40 Address :490,Functional Industrial E, Patparganj, Delhi – 110092 E-mail ID : [email protected] www.htacpl.com
INITIAL PHASE
Graduated in B.Com(H),DU Brought up at Meerut (UP);later shifted to Delhi Father was Electronics Engineer in IAF;mother was house wife Set his business in 1995 in Nooriji Market ,near Sarojini Nagar,ND as a telephone exchange PROVIDER In starting ,worked only in office automation system (EPBAX)
Source of inspiration
He realized the growing market of telecommunication So he entered in telecom market as telephone exchange PROVIDER
Source of Finance Initial capital Also mortgaged his house to source further amount of capital
GROWTH PHASE
Business was profitable from the very begnining He soon grabbed big names like NORTEL,RELIANCE into his pocket He then realized the expanding market of security systems like electronic Access control etc.& entered into its market
Problem faced by him
Major problematic areas were sales,Technical knowledge, financial problems etc Ununiformity in attention paid to different set of product / services Lack of technical knowledge required for the business is a major issue Financial losses bound to occur; sometimes due to clients' hostile behavior Employee-retention another major issue
Corrective Measures
He tried to maintain good employee-employer relation by giving them a sense of belonging in the firm Try to appoint persons having more appropriate technical skills Provide more frequent training to ammeters Recently appointed a customer relationship manger in order to boost up relationship with his clients
Personal Insight strengths
Hard working Sincere to job Analytical Opportunity seeker
weakness
Lack of time management Lack in technical knowledge
Hobbies
Sports specially Table Tennis,Badminton,(played up to zonal level in college) Reading books (Alchemist, monk who sold this ternary and leadership wisdom by robins & Sharma) Traveling to historical places
Views on current market situation
Currently, security systems market is expanding More and more companies are entering into this market eg.BhartiAirtel,Tata ,Aditya Birla group Increasing terrorism is making people more cautious regarding individual safety as well as organization safety Sees huge potential in security system business in near future
Qualities in an entrepreneurs
Entrepreneurs must have lots of patience A clear vision always be motivated Not satisfied with what he has got Entrepreneurs are made or born 50% born-50% made Some inherited qualities are there but you need to polish them up and grinding those skills through experience Getting considerable share in this market segment
VISION
by revenue organization should grow to 15-20 cr
THANKYOU
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