Coffee Cahoots with WeavedIn in Jaipur – The Pink City

As the saying goes, “a lot can happen over coffee“, it truly does at Café Kothi. It is one of the many new cafes that have come up in the quaint, friendly and bustling city of Jaipur. Insia Lacewalla, the Business Head of the venture, comes from Marketing, PR & Communication background and has worked with the likes of OML in the past. Further on, she has also explored the F&B industry by turning entrepreneur and owning her own venture, Small Fry Co., in Mumbai.

28 Kothi and Café Kothi were aimed to create a comfortable and unique space for people to unclench, discuss dissent, and catch up with old and new friends in the heart of the Pink city or even work. Being one of a kind boutique café with the lush green surrounding, unique architecture and brill customer service have established it as a favourite for the regular customers.

It is true that the human touch of such services is what wins hearts but what lies at the heart of this wonderful joint? At the heart of the great customer experience that Café Kothi provides, lies Weaver. This suite of components helps the café manage all its operations right from menus to order procurement, and from quality to customer service.

 

I cannot imagine Café Kothi without Weaver’’, says Insia Lacewalla.

In the words of Insia herself, “Weaver has been absolutely vital to the restaurant’s success as it makes all the functions simple and the easy to use interface has made all of the restaurant’s staff become familiar and comfortable with it”. She feels that at the end of the month it is really helpful to work out on the demands of customers and the most liked dish. Data being the driver of customization, Café Kothi is now coming up with a whole new summer menu based on the database they have on Weaver.

Weaver provides business managers and different stakeholders a real-time view into metrics such as profits, sales, inventory, recipes and vendor performance so that restaurants can spend more time with customers.

Our experience with Weaver has been amazing! Our staff can use it very easily and so can I. It helps us in knowing the profit and sales and we can work accordingly. There is no need to do anything manually and the customer service from Weaver is commendable!” says Neha Jain, Manager at Café Kothi, on her experience with Weaver.

WeavedIn helps businesses like Café Kothi focus strongly on customer service, daily operations, marketing and business management so that they can freely do what they do best which in this case is enlighten lives with moments to cherish. In the end, it is all about making the customers happy and it is no rocket science!

CNTraveller featured 28Kothi in the Top 12 India’s Hottest New Hotels in 2017:

What happens when you get a top Indian jewellery designer, a Mumbaikar who builds cosy neighbourhood bars, a French architect, and a Lebanese interior decorator together in the heart of Jaipur? You get 28 Kothi, a charming five-room boutique guesthouse with latticed windows, hand-painted murals, and a thoroughly modern style. A highlight is the organic vegetarian menu. Good to know: It also houses the first spa by Pahadi Local, an Indian brand of natural products straight from the Himalayas. Get a massage with gutti ka tel (apricot kernel oil).

Source: CNTraveller

Do pay a visit to Café Kothi when you are around in Jaipur!

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WeavedIn – Redesigning Retail.

We are here to help millions of businesses make bold, but informed decisions.

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A guide for Non-Tech Founders to choose the right engineers

For someone who has seen a good number of ups and downs of hiring tech talent, I could give you a good thirty minute talk on “How to go right with your first few tech hires!”

I love this conversation from ‘Seinfeld’ which goes something like this. 

 

Cynthia: There are just no men out there, you know?  

Elaine: I know. 

Cynthia: I mean the problem is that, the good ones know they’re good. And they know they’re in such demand that they’re just not interested in confining themselves to one person.

Elaine: I hate the good ones.

Cynthia: Well, the mediocre ones are available, but they’re so insecure about not being one of the good ones that they’re always going, “Well I’m not good enough for you, what are you doing with me?” and eventually I just go, “You’re right.” 

Elaine: You know, maybe you need somebody between good and mediocre.

 

Exactly the case with engineers; especially when you start!

First things first, make a laundry list of objectives you wish to achieve by building a software.

I would like to ask a few questions before you read further

    1. Is it about solving the problems of billions or thousands?
    2. Will the scale be a concern early on?
    3. Is it evolutionary v/s. revolutionary?
    4. Has anyone done something similar?
    5. Are the benefits palpable immediately v/s. long term?
    6. How long do I have to wait to see the results?

To understand the above questions I have a simple analogy that I always use, about hosting parties.

Let’s assume you want to throw a party for 10 persons. You either cook for them or order, send out invites, pick up drinks by yourself, play songs off your phone or arrange for a karaoke.

BOOM you nailed it!

But, what if you host the same for 10,000 persons? It is essentially the same; food, drinks and ambience. But, you hire professionals; you vet them, ask for feedback, you’ll try and talk to their other clients.

You create a menu, you sample it, may be even invite a test group, like we do for rehearsal dinners. You decide on a theme, the venue and the rest is exactly the same when it comes to hiring your engineering folks.

To be more specific, every stage of a start-up needs people with different skill sets. To build a PoC, you could hire an ambitious college graduate. Make a list of the exact set of requirements (You might even miss the tech jargon, so you could even draw it).

Ask him to build it, don’t ask for any commitments with respect to technology stack, and just build something that actually works! What I personally like about college kids is the speed and rate at which they deliver. They don’t have any inhibitions. Once a working model is built, your ‘Party for Ten’ piece is done. Now, you need to move on and hire your next set of guys who will build something which can scale up to million, or even billion!

Now you have built a product to give your business and you will hit with this 200 year old fundamental principle of Project Management. Trust me, this will, forever, remain the fundamental principle of value creation.

Source: https://tinyurl.com/y7ujqfrn

This colorful venn diagram holds key to how you position yourselves.The concept has been much talked about in the past. But should serve as basis for your hiring practices. Some perspective , one of the early employees at a E-commerce Giant once told me that… initially, the founder picked fast and cheap as the modus operandi . You can always revisit that at later stages when you have abundant resources. But being a startup, you have to pick two of them.

To make more sense of how this Venn diagram works for startups , here are three scenarios , One from my own experience at WeavedIn. When we started ,we struggled to get a great guy to build architecture for our product. So, we got some help from a friend’s friend to do that part for us .  He worked part time and pushed us through our early stages. Although quality of our product was good, it was slow even though he put in 20 hours a week. That is a classic example of what ‘ cheap and good’ looks like. If you looking at ‘Fast and cheap’ , you’d be almost all the college startups, get a few brainy chaps  from your college and build something that will work; there are always those few seniors who are ever-ready to, you could sail through to reach the green . Then comes ‘Good and fast’ , a silicon valley startup with a rock star team and funding to build “the product”.

Once you’ve picked you battleground, now you have to decide on the type of engineers, your soldiers. After deciding on your budget , timeline and the customers, you will be able to catch a glimpse of emerging patterns. You could be a team of phds to invent the next high energy battery or a handful of young chaps who have won a hackathon.

At this point, you need to go back, read the conversation from Seinfeld once again. Good ones are always in demand and you cannot stop them from moving around and mediocres also won’t stay back as they cannot ship anything  . So when you hire, you need to look at the longevity of each team member just like LTV of customer, you need make an estimate of the LTV of each employee. Few leave after the initial excitement and few stay back to be a part of your story!

You’ll need both kind, but overexposure to just one kind will ruin the party.

Introducing The Weaver Dashboard Application- For all your needs

The Weaver Dashboard Application

Meet The Weaver Dashboard Application, where we give you the convenience of accessing all your information in a beautifully simple way in real-time. All you need is a connection to the web.

There are many challenges in operating in more than one location. Whether it is recording, tracking and consolidating sales data or maintaining inventory levels across geographies.

“By the time I would finish all that has to be taken care of from operating a multi-store outlet, it would be time to open shop for the next day.” –  Raam, Sichuan

The world is shrinking and your business caters to a global audience now. Giving them what they want is not going to be easy with myriads of ever-changing preferences.

Going digital

Going digital- The opportunities and where to start

People are spending over 3 hours online every single day, that’s 90 hours in a month! There has been a fundamental and profound shift to digital in India. What do the growing number of online opportunities mean for your business? Even if you are a retailer whose business runs on word of mouth and referrals. How can you derive benefit from exploring the online marketplace? Do you have a million and one questions that need to be answered? Well, you could start here.

If there’s one hard and fast rule to doing anything at all and being able to succeed, then it’s to MAKE A PLAN. This doesn’t change with the where, how, what or when. If you are looking for what to begin with, after reading everything that you found about going digital on the internet, then this is for you.

18 Accounting terms that will help you understand financial statements

The A B C to understanding accounting and financial statements. These accounting terms that will help you understand financial statements

1. Fiscal Year :

A fiscal year is the twelve-month period that an organisation uses for budgeting, forecasting and reporting of financial statements and books of accounts. The fiscal year can coincide with the calendar year; however, it can also be different.

2. Revenue :

Revenue is the total amount of money collected for goods or services sold before deducting any expenses of business. It also includes any credits or discounts for returned merchandise.

3. Profit and Loss Statement :

A profit and loss statement is a report generated by the company that lists earnings, expenses and net profits for a given period of time. It’s also referred to as P&L.

Niche Retailing- All you need to know

Niche Retail

As the name suggests, nice retailing is the practice of selling only to a specific market segment. Nice retailers specialise in one particular type of products or similar products. The more narrowly a niche retailer can define his target market, the better.  While niche retailers may not appeal to a broad group of consumers, they meet the special demands of smaller groups they target.

Mass Customization

Mass Customization- All you need to know

Giving each and every one of your customers what they want. If you were wondering how that is even possible, then visit a nearby mall, you’ll notice for yourself!

Mass customization combines the flexibility and personalisation  of custom-made products with the low unit costs associated with mass production. Mass customized products may also be referred to as made to order or built to order.