RupeeManager is Live and Kicking!

RupeeManager is a easy-to-use personal finance software to manage your money. It primarily helps organize one’s finances and keeps track of where, when and how the money goes and comes.

Measuring something has an uncanny tendency to improve it. And that’s what RupeeManager helps you to get started with.

Other than tracking your earnings and your expenses, it is important to see if your money is working for your future. We have a feature where you can allocate your income among fixed expenses, discretionary expenses, short term savings and long term investments. It’s like assigning goals for your money.

Also, you will get an idea how to balance your portfolio according to your risk profile. You will match the portfolio with your risk appetite and see if you can take more risk or go more conservative. In other words, you get to decide your asset allocation strategy.

It is always good to remember that the software can only be as good as the data it has to process. Garbage In Garbage Out. But if you have started thinking of even using a Personal finance software you are well on your way to making every Rupee count

The guiding principles behind the RupeeManager has been posted before. Link

You may like to see the Manual before you want to participate in the private beta.

I have some of my friends participating in the private beta. Would you like to participate too? Please visit this post

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Measuring your Progress is the Key

Rajesh Jain has a post on Quarterly Numbers.http://emergic.org/2009/01/14/quarterly-numbers/ where he has an advice for Startups:

  • Think of the business in quarters. A month is too short, an year, too long.
  • Put up a quarterly report to a Board of 3-4 members and review.

See the entire post

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Fill the Minute With Sixty Seconds’ worth of distance run!

If you can keep your head when all about you
Are losing theirs and blaming it on you,
If you can trust yourself when all men doubt you
But make allowance for their doubting too,
If you can wait and not be tired by waiting,
Or being lied about, don’t deal in lies,
Or being hated, don’t give way to hating,
And yet don’t look too good, nor talk too wise:

If you can dream–and not make dreams your master,
If you can think–and not make thoughts your aim;
If you can meet with Triumph and Disaster
And treat those two impostors just the same;
If you can bear to hear the truth you’ve spoken
Twisted by knaves to make a trap for fools,
Or watch the things you gave your life to, broken,
And stoop and build ‘em up with worn-out tools:

If you can make one heap of all your winnings
And risk it all on one turn of pitch-and-toss,
And lose, and start again at your beginnings
And never breath a word about your loss;
If you can force your heart and nerve and sinew
To serve your turn long after they are gone,
And so hold on when there is nothing in you
Except the Will which says to them: “Hold on!”

If you can talk with crowds and keep your virtue,
Or walk with kings–nor lose the common touch,
If neither foes nor loving friends can hurt you;
If all men count with you, but none too much,
If you can fill the unforgiving minute
With sixty seconds’ worth of distance run,
Yours is the Earth and everything that’s in it,
And–which is more–you’ll be a Man, my son!

 

–Rudyard Kipling

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Do you have Entrepreneur-Ability in You?

There are upteen quizzes promising to assess your “entrepreneur-ability” in terms of personality, skills, experience, and background.

Are they of any use?

Would you imagine “entrepreneurship capabilities in a 40+, parents knowing nothing of doing business and who has spent 18 years working in a PSU environment ?

But, each individual is different.Who knows what this 40+ guy can do!!

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Paul Graham on starting a Startup NOW

Paul Graham’s post on “Why to start a Startup in a Bad Economy” is spot on!

The economy has some effect, certainly, but as a predictor of success it’s rounding error compared to the founders.

Which means that what matters is who you are, not when you do it. If you’re the right sort of person, you’ll win even in a bad economy. And if you’re not, a good economy won’t save you. Someone who thinks “I better not start a startup now, because the economy is so bad” is making the same mistake as the people who thought during the Bubble “all I have to do is start a startup, and I’ll be rich.”

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Have People pay Attention When You Speak

People don’t take notes when they go to the opera.

Powerpoint magic steps from Seth Godin

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Startups & the Financial Crisis

The financial crisis has deep implications for Startups even though it may seem unlikely.Read the survival guide and decide for yourself if you need to take those steps 

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Innovation in Mobile Data Space

Rajesh Jain outlined the first part in a pathway to creating an innovative plan in the mobile data space. Here is the second part.

Rajesh believes that there is no better market than India for launching the new paradigm and the next platform.

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Digital Devices can Transform Politicians?

Rajesh Jain is placing bets on digital devices (mobiles and PCs) and their increasing use, and that they’ll help reinvent the Indian political scene.

I’ll be rooting for him to win.

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Ability to hire PR services is sometimes an indicator of maturity

From Web Strategy by Jeremiah:

I’m mainly looking for briefings from companies that are ready for prime time. They are established, have a solid product, and are ready for adoption by Fortune 5000 enterprise companies. These companies don’t have time to deal with a startup that may not last the test of time, or have weak infrastructure. As a result, often established companies may have significant funding, or a revenue stream and thereby are able to afford a few thousand dollars a month for PR services. Having PR services is one indicator that a startup is beyond the garage (but not always)

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