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<channel>
	<title>Rashid Saeed</title>
	
	<link>http://www.rashidsaeed.com/blog</link>
	<description>A Different Life from Indifferent Perspective</description>
	<lastBuildDate>Fri, 18 Feb 2011 11:48:27 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
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		<atom10:link xmlns:atom10="http://www.w3.org/2005/Atom" rel="self" type="application/rss+xml" href="http://feeds.feedburner.com/rashidsaeed" /><feedburner:info uri="rashidsaeed" /><atom10:link xmlns:atom10="http://www.w3.org/2005/Atom" rel="hub" href="http://pubsubhubbub.appspot.com/" /><feedburner:emailServiceId>rashidsaeed</feedburner:emailServiceId><feedburner:feedburnerHostname>http://feedburner.google.com</feedburner:feedburnerHostname><item>
		<title>Toilet 2.0 Ethics</title>
		<link>http://feedproxy.google.com/~r/rashidsaeed/~3/WR-TVwXCKGo/toilet-2-0-ethics.jsp</link>
		<comments>http://www.rashidsaeed.com/blog/toilet-2-0-ethics.jsp#comments</comments>
		<pubDate>Fri, 18 Feb 2011 11:48:27 +0000</pubDate>
		<dc:creator>Rashid</dc:creator>
				<category><![CDATA[Bongiyan]]></category>

		<guid isPermaLink="false">http://www.rashidsaeed.com/blog/?p=297</guid>
		<description><![CDATA[Here&#8217;s how to use Toilet 2.0: Note: A public service message.]]></description>
			<content:encoded><![CDATA[<p>Here&#8217;s how to use Toilet 2.0:</p>
<p><img class="alignnone size-full wp-image-298" title="Toilet 2.0" src="http://www.rashidsaeed.com/blog/wp-content/uploads/2011/02/240030286.jpg" alt="Toilet 2.0" width="412" height="549" /></p>
<p>Note: A public service message. <img src='http://www.rashidsaeed.com/blog/wp-includes/images/smilies/icon_wink.gif' alt=';)' class='wp-smiley' /> </p>
<div style='clear:both'></div>]]></content:encoded>
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		<slash:comments>2</slash:comments>
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		<item>
		<title>My Next Life by Woody Allen</title>
		<link>http://feedproxy.google.com/~r/rashidsaeed/~3/TQQRmxW3U5Q/my-next-life-by-woody-allen.jsp</link>
		<comments>http://www.rashidsaeed.com/blog/my-next-life-by-woody-allen.jsp#comments</comments>
		<pubDate>Fri, 07 Jan 2011 11:36:51 +0000</pubDate>
		<dc:creator>Rashid</dc:creator>
				<category><![CDATA[Bongiyan]]></category>
		<category><![CDATA[Life]]></category>

		<guid isPermaLink="false">http://www.rashidsaeed.com/blog/?p=292</guid>
		<description><![CDATA[In my next life I want to live my life backwards. You start out dead then you wake up in an old people&#8217;s home feeling better every day. You get kicked out for being too healthy, go collect your pension, and then when you start work, you get a gold watch and a party on [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.rashidsaeed.com/blog/wp-content/uploads/2011/01/my-next-life-by-woody-allen.jpg"><img class="alignnone size-full wp-image-295" title="My Next Life by Woody Allen" src="http://www.rashidsaeed.com/blog/wp-content/uploads/2011/01/my-next-life-by-woody-allen.jpg" alt="" width="648" height="756" /></a>In my next life I want to live my life backwards. You start out dead then you wake up in an old people&#8217;s home feeling better every day. You get kicked out for being too healthy, go collect your pension, and then when you start work, you get a gold watch and a party on your first day. You work for 40 years until you&#8217;re young enough to enjoy your retirement. You party n drink alcohol then you are ready for high school. You then go to primary school, you become a kid, you play. You have no responsibilities, you become a baby until you r born. N then you spend your last 9 months floating in spa-like conditions with central heating and room service on tap, larger quarters every day and then Voila! You finish off as an orgasm!</p>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>How to Access Facebook in Pakistan?</title>
		<link>http://feedproxy.google.com/~r/rashidsaeed/~3/CMKwcK1AKb8/how-to-access-facebook-in-pakistan.jsp</link>
		<comments>http://www.rashidsaeed.com/blog/how-to-access-facebook-in-pakistan.jsp#comments</comments>
		<pubDate>Thu, 20 May 2010 11:31:22 +0000</pubDate>
		<dc:creator>Rashid</dc:creator>
				<category><![CDATA[Bongiyan]]></category>
		<category><![CDATA[FaceBook]]></category>

		<guid isPermaLink="false">http://www.rashidsaeed.com/blog/?p=284</guid>
		<description><![CDATA[PTA has banned Facebook in Pakistan. This leaves many of Facebook addicts curious on how to access facebook. If you are one of those, read on: You should not be looking for ways to access Facebook in first place. If authorities have blocked it, bear with it! If you still want to access Facebook, you [...]]]></description>
			<content:encoded><![CDATA[<p>PTA has banned Facebook in Pakistan. This leaves many of Facebook addicts curious on how to access facebook. If you are one of those, read on:</p>
<ol>
<li>You should not be looking for ways to access Facebook in first place. If authorities have blocked it, bear with it!</li>
<li>If you still want to access Facebook, you should travel outside Pakistan so that you can access Facebook.</li>
<li>You could also ask your friend abroad (if any) to check Facebook for you, harvest your crops in Farmville, feed your Fish in Fishville and whatever other important tasks you had.</li>
</ol>
<p>If you have any of such cool ways in your mind, do share in comments.</p>
<div style='clear:both'></div>]]></content:encoded>
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		<slash:comments>14</slash:comments>
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		<item>
		<title>Facebook Banned in Pakistan, Finally!</title>
		<link>http://feedproxy.google.com/~r/rashidsaeed/~3/tf3dPuEfdfE/facebook-banned-in-pakistan-finally.jsp</link>
		<comments>http://www.rashidsaeed.com/blog/facebook-banned-in-pakistan-finally.jsp#comments</comments>
		<pubDate>Wed, 19 May 2010 12:44:49 +0000</pubDate>
		<dc:creator>Rashid</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[FaceBook]]></category>

		<guid isPermaLink="false">http://www.rashidsaeed.com/blog/facebook-banned-in-pakistan-finally.jsp</guid>
		<description><![CDATA[Most of Pakistan ISPs have banned Facebook in Pakistan acting on this morning&#8217;s order by Lahore High Court to temporarily block Facebook in Pakistan. Ban is announced to be valid till May 30, 2010. Ban is due to failure of Facebook to remove controversial fan page promoting &#8220;Draw Muhammad Day&#8221; despite huge number of reports [...]]]></description>
			<content:encoded><![CDATA[<p>Most of Pakistan ISPs have banned Facebook in Pakistan acting on this morning&#8217;s order by Lahore High Court to temporarily block Facebook in Pakistan. Ban is announced to be valid till May 30, 2010.</p>
<p>Ban is due to failure of Facebook to remove controversial fan page promoting &#8220;Draw Muhammad Day&#8221; despite huge number of reports made for the page to be removed. Citing this proof, it sounds fair to block Facebook temporarily.</p>
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		<slash:comments>3</slash:comments>
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		<item>
		<title>Farmville Mobile Updates – Zynga to End Facebook Dependence?</title>
		<link>http://feedproxy.google.com/~r/rashidsaeed/~3/6IvIDc4UdiA/farmville-mobile-updates-%e2%80%93-zynga-to-end-facebook-dependence.jsp</link>
		<comments>http://www.rashidsaeed.com/blog/farmville-mobile-updates-%e2%80%93-zynga-to-end-facebook-dependence.jsp#comments</comments>
		<pubDate>Wed, 23 Dec 2009 09:32:31 +0000</pubDate>
		<dc:creator>Rashid</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[FaceBook]]></category>
		<category><![CDATA[Farmville]]></category>
		<category><![CDATA[Zynga]]></category>

		<guid isPermaLink="false">http://www.rashidsaeed.com/blog/farmville-mobile-updates-%e2%80%93-zynga-to-end-facebook-dependence.jsp</guid>
		<description><![CDATA[Hey farmers, now your country life obsession could touch new highs. With Farmville mobile updates almost around the corner, you could be in control of your farm even when you&#8217;re away from computer. Zynga, the company behind Farmville, looks committed to end Facebook dependence for its game apps. First, it launched a dedicated website to [...]]]></description>
			<content:encoded><![CDATA[<p>Hey farmers, now your country life obsession could touch new highs. With Farmville mobile updates almost around the corner, you could be in control of your farm even when you&#8217;re away from computer. Zynga, the company behind Farmville, looks committed to end Facebook dependence for its game apps. First, it launched a dedicated website to the popular Farmville game and now it&#8217;s testing to send mobile updates to users who subscribe for the service. To start with, this will be available for Mafia Wars alone, since its text based and creates a good testing place for Zynga to check the user response and see how the service goes by targeting a small set of users. According to Zynga, they will expand the mobile update service from notifications to directing in-game actions with mobile commands. This will enable users to perform different actions on their farms using mobile commands.
</p>
<p>This could also be a potential scam though, as Zynga is not very popular for the way it handles user data and there have been reports for privacy abuse. So, users will be hesitant to give their cell numbers to a company like Zynga. Some addicts will of course do, and it may open doors for new stream of revenues for Zynga provided they don&#8217;t storm users with unsolicited offers as they do on Facebook. They have already been focusing on virtual currency with Zong.
</p>
<p>Then there may be some issues in Farmville becoming a brand outside Facebook. So far, the farming game has been utilizing Facebook&#8217;s huge user base and viral marketing tools. This will go missing in standalone version of Farmville. At current, Farmville.com is open for all through Facebook Connect but it won&#8217;t be much of effort to transfer them to their own network.</p>
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		<slash:comments>4</slash:comments>
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		<item>
		<title>Zong Student Entrepreneur Program is NOT Entrepreneurship</title>
		<link>http://feedproxy.google.com/~r/rashidsaeed/~3/INbfOilQNVw/zong-student-entrepreneur-program-is-not-entrepreneurship.jsp</link>
		<comments>http://www.rashidsaeed.com/blog/zong-student-entrepreneur-program-is-not-entrepreneurship.jsp#comments</comments>
		<pubDate>Tue, 13 Oct 2009 13:07:52 +0000</pubDate>
		<dc:creator>Rashid</dc:creator>
				<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Zong]]></category>

		<guid isPermaLink="false">http://www.rashidsaeed.com/blog/zong-student-entrepreneurship-program-is-not-entrepreneurship.jsp</guid>
		<description><![CDATA[Enough is enough! What happened to Entrepreneurship? Too much &#8220;make money from home&#8221; fuss has already been echoing across internet over last few years. Take another one and digest if you can. This time it&#8217;s make money while studying and its coming from a desperate telecom company as part of their marketing strategy. If you [...]]]></description>
			<content:encoded><![CDATA[<p>Enough is enough! What happened to Entrepreneurship? Too much &#8220;make money from home&#8221; fuss has already been echoing across internet over last few years. Take another one and digest if you can. This time it&#8217;s make money while studying and its coming from a desperate telecom company as part of their marketing strategy. If you think this, too, belongs to those money making deals which are actually directed for opportunity provider&#8217;s own money making, then you&#8217;re absolutely right. Zong&#8217;s Student Entrepreneurship Program is directed at youth, mainly comprising of students of different colleges and universities. With a mission to have plentiful brand ambassadors on board, Zong marketing team has targeted the students of colleges and universities to join Zong Student Entrepreneurship program.<br />
<script type="text/javascript"><!--
google_ad_client = "pub-7172517761287059";
/* 336x280 */
google_ad_slot = "9704188258";
google_ad_width = 336;
google_ad_height = 280;
//-->
</script><br />
<script type="text/javascript"
src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
</script></p>
<h4>The Marketing Paradigm</h4>
<p>Idea really is to hire brand ambassadors at virtually no cost to expand the brand name and presence across the society and get access to those areas where establishing a franchise would be ineffective and a financial burden when compared to benefits. And since there is no fixed sum of money for the services they&#8217;ll get from students, Zong will be saving big lot of operational cost that otherwise makes the fixed salary part of their sales people.</p>
<p>Program will work well for Zong though, in more than one ways:</p>
<ul>
<li>Saving operational costs, they may even consider sacking some of their salespeople based on the success of the program</li>
<li>Brand Awareness &#8211; Zong can use the large number of students&#8217; pool to enhance their brand visibility and explore new areas</li>
<li>Customer Loyalty &#8211; More of Zong affiliates or so called &#8220;Entrepreneurs&#8221; will at least eventually become loyal Zong subscribers</li>
<li>Lucky Grabs &#8211; Some of &#8220;Entrepreneurs&#8221; might actually be able to sell 100+ Zong sims to earn the &#8220;huge&#8221; amount of money worth PK Rs. 10K to 20K.</li>
</ul>
<h4>Entrepreneurs???</h4>
<p>What the ….! Does this make you an entrepreneur? It would be among the cheapest of definitions of Entrepreneurship. It can be called an entrepreneurial idea though, on Zong&#8217;s part, luring the youth to become part of corporate marketing efforts in the name of entrepreneurship, for sake of pocket money rewards. The word &#8220;entrepreneur&#8221; here is the emotional bait, rather an effort to rename &#8220;Recycle Bin&#8221; as &#8220;Control Panel&#8221;. The program should rather have been named as &#8220;Student Pocket Money Program&#8221;.</p>
<h4>Earning Potential</h4>
<table>
<tr>
<th>Achievement</th>
<th>Commission (PK Rs.)</th>
<th>Condition</th>
</tr>
<tr>
<td>On each New Activation</td>
<td>PK Rs. 60</td>
<td>Rs. 50 recharge within 15 days of activation.</td>
</tr>
<tr>
<td>On each new MNP Activation</td>
<td>PK Rs. 100</td>
<td>Rs. 100 recharge within 30 days of activation.</td>
</tr>
</table>
<p>So if you sold 1 sim per day, you&#8217;ll get Rs. 1800. Given that the initial investment is Rs. 1000, this will earn you &#8220;massive&#8221; Rs. 800 which you think is worth of your time?</p>
<h4>And What About Studies?</h4>
<p>Zong Student Entrepreneurs Program is open to Intermediate, Bachelors and Masters level students. Not to mention the harm that this so called entrepreneurship opportunity can bring to their studies, it should be looked at as an unnecessary attempt to involve the youth in easy money making.</p>
<h4>Grand Offer!</h4>
<p>Oh and wait! There&#8217;s also an incentive plan for achieving the impossible. On sale of 100+ Zong sims, a fiat that even a seasoned Zong salesperson will achieve once in a lifetime. Here goes the chart:</p>
<table>
<tr>
<th>Number of Sales</th>
<th>Incentive (PKR)</th>
</tr>
<tr>
<td>100-150</td>
<td>10,000</td>
</tr>
<tr>
<td>150-200</td>
<td>15,000</td>
</tr>
<tr>
<td>200+</td>
<td>20,000</td>
</tr>
</table>
<p>There&#8217;s no doubt that Zong is the ultimate winner here, they&#8217;re giving you 5 sims for a sum of PK Rs. 1000 to start with. And when you sell the 100 sims, you get the profits and rewards and blah blah! But when would that be? Selling 100 Zong sims, are you kidding ME?? This is a crap of opportunity guys; don&#8217;t bother wasting your time. Rather work on a better business idea, for that is what makes you an entrepreneur and contributes to your personal development.</p>
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		<item>
		<title>Feedback on NTS Commonwealth Scholarship Test 2009</title>
		<link>http://feedproxy.google.com/~r/rashidsaeed/~3/-Z4qjGyvYEg/feedback-on-nts-commonwealth-scholarship-test-2009.jsp</link>
		<comments>http://www.rashidsaeed.com/blog/feedback-on-nts-commonwealth-scholarship-test-2009.jsp#comments</comments>
		<pubDate>Sun, 13 Sep 2009 10:20:56 +0000</pubDate>
		<dc:creator>Rashid</dc:creator>
				<category><![CDATA[Critical Issues]]></category>
		<category><![CDATA[NTS Test]]></category>

		<guid isPermaLink="false">http://www.rashidsaeed.com/blog/?p=252</guid>
		<description><![CDATA[I’ve just got this comment from a reader, related to NTS Commonwealth scholarship test 2009, to be held on October 5, 2009. So, thought to publish it separately, here is comment by Mr. Omer Bin Sohail: It’s very ridiculous, that there is no worth of genius and loyal people in Pakistan. I have got 85.68% [...]]]></description>
			<content:encoded><![CDATA[<p>I’ve just got this comment from a reader, related to NTS Commonwealth scholarship test 2009, to be held on October 5, 2009. So, thought to publish it separately, here is comment by <strong>Mr. Omer Bin Sohail</strong>:</p>
<blockquote><p>It’s very ridiculous, that there is no worth of genius and loyal people in Pakistan. I have got 85.68% marks in BSc Chemical Engineering and I have applied for HEC South Korea Scholarship 7th batch, approximate cost for applying for scholarship was:<br />
400 for verification of original Certificate by HEC per result card + provisional certificate (400&#215;5)= 2000<br />
200 for single photocopy and that I have submitted(200&#215;5)=1000<br />
HEC scholarship application applying fee through HBL online (300+350(HBL online fee)=650<br />
through total is Rs. 3650<br />
AFTER taking all other pains I successfully submitted my application well ahead of time, I still got no response, not even the intimation of rejection.<br />
This all felt very much like that we now are living in frustrating situation but you can say me I am mad because I am, now, once again going to take common wealth scholarship test on 4th October 2009.<br />
Let’s see what happens this time around.</p></blockquote>
<p>Original comment can be seen <a title="Comments on NTS Commonwealth Scholarship Result 2009" href="http://www.rashidsaeed.com/blog/nts-commonwealth-scholarship-result-2009.jsp#comments">here</a></p>
<p>PS: The comment is a personal view of Mr. Omer Bin Sohail and in no way presents my personal opinion as I have no experience of NTS Commonwealth Scholarship Test 2009.</p>
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		<item>
		<title>KFC Pakistan: Poor Quality of Service</title>
		<link>http://feedproxy.google.com/~r/rashidsaeed/~3/Ni85p_SAlvA/kfc-pakistan-poor-quality-of-service.jsp</link>
		<comments>http://www.rashidsaeed.com/blog/kfc-pakistan-poor-quality-of-service.jsp#comments</comments>
		<pubDate>Tue, 14 Jul 2009 14:17:09 +0000</pubDate>
		<dc:creator>Rashid</dc:creator>
				<category><![CDATA[Critical Issues]]></category>
		<category><![CDATA[KFC Pakistan]]></category>

		<guid isPermaLink="false">http://www.rashidsaeed.com/blog/?p=209</guid>
		<description><![CDATA[KFC Pakistan is one of Pakistan’s largest fast food chains with its Zinger Burger being the favorite among the Pakistanis. KFC Pakistan is destination of food loving masses and the management of KFC Pakistan seems to have taken it lightly by offering the quality and service that is way below the standard. Have a look [...]]]></description>
			<content:encoded><![CDATA[<p>KFC Pakistan is one of Pakistan’s largest fast food chains with its Zinger Burger being the favorite among the Pakistanis. KFC Pakistan is destination of food loving masses and the management of KFC Pakistan seems to have taken it lightly by offering the quality and service that is way below the standard. Have a look at following serving from KFC:</p>
<p><img title="KFCPakistan_Meal" src="http://www.rashidsaeed.com/blog/wp-content/uploads/2009/07/KFCPakistan_Meal.jpg" alt="KFCPakistan_Meal" width="100%" /></p>
<p>Absence of glass covers can easily be noticed. And it’s not the first time, sometimes they’ll serve you Fries in a plate, you’ll get burger wrapped in a piece of paper and even more. Even while ordering for it, I saw a person complaining about the quality of KFC Rice as they looked like baked some 2 days back. Add to this the “Next counter please” messages at each but one counter on the outlet coupled with delay in orders and the scenario gets even worse.</p>
<p>The purpose of posting it here is just to remind the KFC management to take care of quality of service and make sure you have proper equipment to serve the orders. Or you should please STOP coming up with “new products” if you don’t have the capacity and resources to offer those.</p>
<p><em>Note: </em><em>This is based upon repeated poor quality of service at KFC  Y-Block, DHA Lahore.</em></p>
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		<slash:comments>38</slash:comments>
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		<item>
		<title>How to Get the Girl</title>
		<link>http://feedproxy.google.com/~r/rashidsaeed/~3/CRU-gtcSPcQ/how-to-get-the-girl.jsp</link>
		<comments>http://www.rashidsaeed.com/blog/how-to-get-the-girl.jsp#comments</comments>
		<pubDate>Thu, 04 Jun 2009 10:25:47 +0000</pubDate>
		<dc:creator>Rashid</dc:creator>
				<category><![CDATA[Bongiyan]]></category>

		<guid isPermaLink="false">http://www.rashidsaeed.com/blog/?p=182</guid>
		<description><![CDATA[Just came across something interesting and &#8220;productive&#8221; and &#8230;.. ! Image Credits: TheDogHouseDiaries.com PS: This one is for you FM!]]></description>
			<content:encoded><![CDATA[<p>Just came across something interesting and &#8220;productive&#8221; and &#8230;.. ! <img src='http://www.rashidsaeed.com/blog/wp-includes/images/smilies/icon_wink.gif' alt=';)' class='wp-smiley' /> </p>
<p><img title="Proven ways to get the Girl" src="http://www.rashidsaeed.com/blog/wp-content/uploads/2009/06/impressagirl.jpg" alt="Proven ways to get the Girl" width="100%" height="100%" /></p>
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<p>PS: This one is for you <a href="http://www.faheemmumtaz.com" rel="nofollow">FM</a>! <img src='http://www.rashidsaeed.com/blog/wp-includes/images/smilies/icon_biggrin.gif' alt=':D' class='wp-smiley' /> </p>
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		<title>Role of Internet as a Gatekeeper</title>
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		<pubDate>Fri, 20 Mar 2009 11:49:23 +0000</pubDate>
		<dc:creator>Rashid</dc:creator>
				<category><![CDATA[General]]></category>

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		<description><![CDATA[Being a gatekeeper the web technologies should have the abilities of the right expertise, management talent and knowledge, so that it can fulfill the needs of both the parties that is venture capitalists which are looking for capital disbursement and entrepreneurs who are looking for capital. Value to Entrepreneurs Finding the right venture capitalists and [...]]]></description>
			<content:encoded><![CDATA[<p>Being a gatekeeper the web technologies should have the abilities of the right expertise, management talent and knowledge, so that it can fulfill the needs of both the parties that is venture capitalists which are looking for capital disbursement and entrepreneurs who are looking for capital.</p>
<p><span style="text-decoration: underline;"><strong>Value to Entrepreneurs</strong></span></p>
<p>Finding the right venture capitalists and expressing their investment opportunity in a way that is easily understood by all potential investors.</p>
<p>Venture firms are very careful regarding the information they reveal to the public because by divulging too much information will result in a flood of business plans and proposals.<br />
However with the help of internet gatekeeper, venture firms can afford to divulge their prized investment criteria-provided the gatekeeper uses the information wisely. Internet armed with the investment criteria information can help thousands of entrepreneurs to reach the right venture firms, and information on internet can change in an instant, a shift in a firms investment criteria can be reflected immediately, which is not in the case of books.</p>
<p>But finding the right venture is only half the battle..</p>
<p><span style="text-decoration: underline;"><strong>Value to Professionals</strong></span></p>
<p>Main concern center for the venture capitalists is on the number of deals and the quality of deals. A trusted gatekeeper needs to ensure select, top quality deal referrals that don’t require extensive review. A trusted gatekeeper must know the investment criteria of each investment firm so well that the number of deals referred remains small enough for the firm to feasibly manage, while precisely matching the firm’s pre-specified investment criteria.</p>
<p>When referring deals, one must always take into consideration the issue of quality as well. All the venture capitalists seeks a specific criteria in a quality deal (also called “the four m’s”)</p>
<ol>
<li>Magic</li>
<li>Management</li>
<li>Market</li>
<li>Money</li>
</ol>
<p>These are elaborated in detail below:</p>
<p><strong>1.	Magic</strong><br />
The company must visualize and be committed to its dream, whats the difference between the company and its competitors.</p>
<p><strong>2.	Management</strong><br />
Intellectual property rights doesnot necessarily make the great companies-but people do. Venture firms invest in people, not in ideas only.</p>
<p><strong>3.	Market</strong><br />
The appropriate market research, comprehension and selection of the target industry, market and potential competitors are critical to the potential success of any company. In order for a company to receive venture funding, it must operate in a large market that has the potential to reach mammoth proportions.</p>
<p><strong>4.	Money</strong><br />
The money factor is a largely dependent on the factors above. Venture firms live and die by numbers, and they must ensure that when all is said and done, the firm is looking for investments that will get them as close as possible to its desired rate of return.</p>
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