Tag: Wrong

Dishoom’s founder says everything he learned at business school was wrong. Here’s how his quality-over-revenue approach helped Britain’s Indian restaurant group explode.



a person sitting at a table: Cofounder of Dishoom Shamil Thakrar Dishoom


© Dishoom
Cofounder of Dishoom Shamil Thakrar Dishoom

  • Shamil Thakrar is the cofounder of one of the UK’s most successful Indian restaurant groups, Dishoom.
  • Dishoom, founded in 2010, helped raise the standards of affordable Indian food in the UK, and now serves 40,000 diners annually and employs 900 people.
  • Thakrar has an MBA from Harvard Business School and a background in strategy consulting at Bain & Co.
  • In an interview with Business Insider he revealed how the hard-headed business principles of profit he was programmed with are “completely wrong”.
  • Visit Business Insider’s homepage for more stories.

 

Indian food ranks high among the UK’s favorite cuisines and, depending who you read, there are more than 10,000 Indian restaurants across the nation.

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One success story is Dishoom, the popular Indian restaurant group inspired by the old Irani cafes of Bombay. The group has long been credited for giving British diners

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Could The Market Be Wrong About Visa Inc. (NYSE:V) Given Its Attractive Financial Prospects?

It is hard to get excited after looking at Visa’s (NYSE:V) recent performance, when its stock has declined 3.9% over the past week. But if you pay close attention, you might gather that its strong financials could mean that the stock could potentially see an increase in value in the long-term, given how markets usually reward companies with good financial health. Particularly, we will be paying attention to Visa’s ROE today.

Return on equity or ROE is a key measure used to assess how efficiently a company’s management is utilizing the company’s capital. Put another way, it reveals the company’s success at turning shareholder investments into profits.

Check out our latest analysis for Visa

How Is ROE Calculated?

The formula for ROE is:

Return on Equity = Net Profit (from continuing operations) ÷ Shareholders’ Equity

So, based on the above formula, the ROE for Visa is:

33% = US$12b ÷

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White Sox’ Dylan Cease struggling at the wrong time

If Dylan Cease was auditioning Sunday for a chance to be the No. 3 starter in the White Sox’ playoff rotation, well, let’s just say rookie Dane Dunning might want to circle Oct. 1 on his calendar.

That’s when the Sox would play Game 3 of their best-of-three wild-card series against an opponent to be determined. With Lucas Giolito and Dallas Keuchel all but certain to the start the first two games, avoiding Cease in the ‘‘if necessary’’ deciding game, given the awful control problems he’s working through, seems to be a no-brainer. With the Sox trying to protect their lead in the American League Central, Cease walked seven in three-plus innings in a 7-3 loss to the host Reds.

‘‘This one we want to throw in the garbage, move on, not make too much of it,’’ manager Rick Renteria said.

Cease, who has an upper-90s fastball, sharp breaking stuff

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4imprint – A Boring Profit Generator On The Wrong Market (OTCMKTS:FOREY)

Markets aren’t entirely rational

One of the great proofs that markets – or we investors to be clearer – aren’t entirely rational is the idea of stock splits. There’s no reason that a company with 1,000 $10 shares should be more valuable than one with 100 $100 ones. But it does often enough turn out to be so as stock splits at both Apple and Tesla have shown.

There is a reason why a company with 100 $1 shares will be more valuable than one with 1,000 10 cent ones which is that NASDAQ and the like will cancel the listing of a stock trading for any substantial period below $1. So there is, or at least can be, a substantial reason why reverse stock splits, consolidations, can work in adding value.

And, well, we can all also trot out the reasons why splits might really add value and yet.

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Some of the Many Ways Making the Wrong Hire Can Hurt Your Business

As a business coach for high-growth companies, I work with organizations that are often starving for talent and under a lot of pressure to grow quickly and make hires fast. However, without truly understanding the costs of making a bad hire, many companies fail to ask the right questions or take the right precautions in their recruiting and interviewing processes.

Here are a few of the considerations you need to keep in mind when designing your strategy and process for making new hires. Putting in steps to assess and evaluate these risks will serve you well to make sure you’re making the right people decisions as you grow.

1. Wasted investment in hiring

The first obvious consideration is the time, energy, and money you put into hiring. If you’re using a search firm you could be spending upwards of thirty percent of a first-year’s total compensation to make a key

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You Can’t Go Wrong With These Amazing Holiday Presents!

September has finally come, and even though December is still a few months away, the Christmas spirit is already felt within the warm circle of your family and friends. And it’s safe to say that starting this month, you’ll be seeing a steady stream of people that will be making their Christmas lists and start shopping for gifts.

If you’re one of these people, then you may already have a list on your mind of the people you want to give gifts to… along with the usual confusion as to what you would actually get for them. It’s a familiar situation for many, and it’s even harder now that it looks like we’ll have to be doing our Christmas shopping online at home in order to stay safe.

shopping-mall-2605815_1920 It’s that time of the year again. Photo: Photo by Pixabay (CC0)

In order to make presents more meaningful, think of it

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