Pradys.in

My first visit to the recently opened Apple Store🍎🛍️ in Mumbai's bustling Bandra Kurla Complex was mightly impressive. The store, called Apple BKC, is the first Apple store in India🇮🇳.

This amazing place is a dynamic space where customers🛃 can come together, explore Apple products and services, enjoy exceptional service, and learn how to get more out of their devices through free “Today at Apple” sessions.

Some interesting facts about Apple BKC:

1. It is Apple's 518th retail store worldwide 🌏

2. It is the first Apple Store in India 🇮🇳

3. It features a Genius Bar, Today at Apple sessions, and a variety of unique services.🧑🏻‍🔧

I'm excited to see what Apple BKC will do to help people in India connect with Apple products and services.

If you're in Mumbai, be sure to check out Apple BKC!

When was the last time you installed a product on your system using a CD/DVD?
These were software distribution methods of the past.

Let’s look at the new paradigm for software distribution and provisioning.

Software products are now mostly SaaS - Software as a Services.

The products are hosted on a server and users pay a subscription to use the software for a specified period of time.

These businesses typically incur costs upfront while
they develop and sell the product. They usually spend large amounts on acquiring their target audience on the platform and build loyalty.

The business model can afford a high Customer Acquisition Cost because SaaS companies generally have high Lifetime Value from customers, as the customer can subscribe for months, even years.

“Time is a friend of a wonderful business and an enemy of a mediocre.” ~ Warren Buffet’s

Time is a big factor in the miracle of compounding.

Quietly over time, even conservative but consistent revenue and earnings growth will compound into massive gains for the company and its shareholders.

But what most underestimate, is how time erodes into value of business without an edge, a USP or a moat.

An unprofitable venture, a mismanaged one, one that is consistently loosing market share; all eventually lead to one unfailing end over time - if there is no early intervention.

There are examples of these companies everywhere - they are essentially ticking time bombs.

As retail investors, it is important to understand that:
“Its better to buy a wonderful company at fair price rather than a fair company at a wonderful price”

India needs to create over 200 million jobs over the next couple of decades!

Why you ask? Our population is growing and so is our workforce. The participating workforce needs to be able to sustain themselves and their families financially.

As India overtakes China to become the most populous country in the world, the demographic dividend will bring in as many opportunities as population growth will, challenges.

is the answer! The country needs enterprising folks who can solve for the world, in India.

With a cheap, skilled and young workforce at its beck and call, we can only hope the young generation can contribute in propelling to a middle income country by 2050.