Minutes of Meeting
As we discussed in the meeting, I have drafted all the points , ideas, actions to be taken reg our growth in detail.
ROLE :
- Founder – Pradeep
- Co-Founder – Eshwar
- CEO – Pradeep ( In charge of Client dealing, Rate fixing, Contract Signing, Overall Coordination)
- COO- Eshwar ( Marketing, Brand building, Networking, Sponsorship, Event management, Advertisement )
- CTO- Gokul (developing, designing and other technical stuffs, Backup for pradeep in Client communication )
- CFO- Shankaran and Vinoth ( Accounting , Finanance)
- HR – Vignesh ( also Brand building, Networking, Marketing)
- Editorial – Benny, Ranjini, Harish , Vinoth
- Education and Technology – Vinoth
- Shadow managers – Harini, Siva
Account details
- As we discussed, we will be opening an account on Writerszone in State bank or any other bank which needs very low depositing amount and
- Incharge -Shankaran
- Deadline – Jan End
- Priority – Very high
Registration and naming pattern :
- For this , We have to first have an account and proper balance sheet details. So, Shankaran should first help us in opening an account.
- As Pradeep said, We have to Understand the procedure for the registration and we have to do it as quickly as possible
- Name is a major criteria and we have to register the name with the help of CA .
- Incharge – Pradeep , Shankaran , Vinoth
- Priority – Very very high
- Deadline – Jan end
Investment per head :
- Per month Three hundred
- We will do it once we create our Writerszone account
- Incharge – Shankaran , Vinoth
- Priority – Medium
- Deadline – feb end
Sponsors and Contract reference :
- As we are in need of funding to do many activities, we will be concentrating on sponsors and references in future
- We will look out for good will sponsors first and later will go ahead for commercial sponsors based on good will sponsors
- But to get sponsors , we have to first get registered.
- Ideas discussed – Bookmark with our name in book shops, event sponsors
- Contract reference is not a clear concept until now. We have to fix some standards for that
- Priority – High
- Incharge – Eshwar ( for a standard norm for contract reference ), Shankaran and vinoth ( As they have to quicken the process of registration stuffs)
Corporate Social Responsibility :
- A dynamic concept which we have discussed throughout the day
- Basic education for children in the form of ‘rather than giving fish to them , we will help them to how to get the fish ‘ concept
- Free sites for Charity organizations powered by writerszone
- Virtual model for charity concerns in the form of stock market as Eshwar discussed.
- We will do this things a bit later as first we have do the brand building and registration stuffs
- Incharge – vignesh (Should identify the ways in which both our concern and charity is getting benefit)
- Priority – Medium
Profit Scale :
- The kind of profit , which we are getting as of now is meager and we can improve it by negotiation in the initial stage of agreement .
- But that will happen only if have a very good brand image
- Team meeting will be held before signing new Contracts with companies so that we can get the ideas of entire team
- But, we are not going to concentrate on content alone in future
- Various possible ways for us to generate the revenue are Writerszone certified professional, PPO ( pre placement offer) Bulk recruitment, bulk articles, monthly pay rather than individual articles, printing books .
- Priority - High
- Incharge – Pradeep, Eshwar ( For WRITERSZNE certification stds)
Brand building:
- Main objective of the meeting was Brand building
- If we can create a brand for ourselves , We can demand more and our profit will increase
- As siva said, We hve to concentrate on Content writing as of now in such a way that in future client should feel like if it is content than it is writerszone.
- Once , we build the brand it will be easy for us to reach IPO.
- Incharge -Eshwar , Vignesh,Vinoth
- Continous process , it should keep on happening
- Website for college events like Elyzia( GCT functions) on the cards as we can develop our brand identity in GCT.
- Similarly , Sangarish is going to be a turning point for us.
- 30 Seconds of promo video time available in Sangarish
- We are planning to even put stall there to showcase our selves
- Spark n beyond will be helping us in this
Subsidaries :
- As we are going to focus on many subsidiaries in future, we came up with some ideas
- Virutual Stock market, Printing, Writerzone certification, Writersvoice commercial Magazine, Webdesigning, even Android mobile applications
- We will focus more on this once we are good in our primary work
How to reach schools and colleges :
- We have to first focus on colleges , before getting into schools.
- Like NEN,We will form WRITERZONE CELL (W-CELL) in all the colleges with one point of contact
- We have to collect the entire databse of all the colleges and we should send flyers reg that.
- Tedious process which involves lot of commitment and hardwork
- Incharge – Everyone should help
- For Event management – Guru charan,Eshwar , Vignesh
- Deadline – Jun end
- First we have to establish ourselves in Arts and science colleges and then we have to focus on Engineering colleges.
- PPO is going to play a major role in this .
Marketing Stratagies :
- We have to utilize the social network in a very good way.
- All the accounts should be actively used by us to reach the people
- We have to comeup with events like Writerschoice to attract people
- Incharge – Eshwar , Vignesh
- Everyone should send some ideas and how to implement it freq so that we can use those stratagies.
Outside MBA experts:
- We have to keep in touch with People like Harini who are B-school Grads and try to utilize them with their contacts.
- We can conduct a contest like Be the CEO of writerszone in good B-schools and we can capture some Bright students who can help in some ways.
Proper Business Model :
- We are planning to propose our business model in various college events and we need to come up with a proper model so that we can be in a position to win the contest to generate revenue for us.
- As discussed, we can produce the same model in many colleges to get the money.
- We have to now focus on NIT, Trichy event and Vignesh will come up with a business model which involves the help of Vinoth, shankaran.
- INcharge - Vignesh, Vinoth , Shankarn
- Deadline – Jan 2nd week
- Priority – Very high
Separate group for proof reading :
- This is a problematic topic as we are not getting enough margin, we are not in a position to recruit full time proof readers as they are demanding more.
- Possible solution is undertaking adhoc requests and buy that we can charge more from clients and pay it to readers.
- We can sign contract with Foreign clients and we can negotiate in terms of dollars so that we can gain more and pay it to them
- Also, in PPO we can separately recruit proof readers
- We are still blank in this as our profit margin is low, Have to come up with some stratagies.
Various Entrepreneurship network registration and accolades :
- We have to get the help of various organizations which are helping us to boost our economy.
- We have to apply for various contests of entrepreneurs
- Incharge – Vignesh
- He should update us with recent activities related to it and help us to enroll in them.
Google adsense and page ranking
- We should have good page ranking and we should enroll ourselves in google adsense kind of stuff.
- Incharge – Gokul
- He should come up with the updates related to that and once our new site is launched he should take steps to do it.
Contract based work from spark n beyond :
- We can get some photoshop related works from them as they are not having that much technical team.
- We can help them in that ways related to their creativity and also we can generate money,
- We can use their ideas in our writersvoice magazine and sell them for money.
Time to enter full time :
- Will take three more years
- WE will establish our brand first and then enter the market rather than opening an office and struggling
- Our office won’t be like normal office and it will be kinda virtual office.
- Work from Home is our concept and we wil be sticking to that
- Like software, we can synchronize the project under our company name and give to people so that we can have bulk profit .
- Brand value, Name and company registration , profit margin will play a major role reg our fulltime entry.
Identifying true leaders :
- Our thoughts and actions should attract people and they should try to do something like us.
- We can help the students to understand their potentials
- We can be an inspiration for them to startup their own concerns
- We can be a platform for them to display their idea to the world
Creative articles :
- As many people today are doing blogging and many are interested in creative writing rather than technical writing, we have to focus on this very much
- We can get reputed writers if we get orders related to that
- We can have a separate page for this in our site and we ourselves can promote it once we are having very good page ranking
- Incharge - Eshwar , Pradeep
- Come up with ideas reg this to identify true talent pool.
Initial Public Offering
- After five years we should be in a position to enter in IPO. We should have a share value .
- We can ameliorate our growth , once we enter stock market
- Pradeep has started to invest on shares and other stuffs related to that to understand the market
- He should guide us in this.
- Incharge – Pradeep, Shanakaran