Breakeven Point by Talha Sareshwala
Book Review by Ilaxi Patel
A Corporate Influencer, a Mentor and a Businessman, Talha Sareshwala’s Book ‘Breakeven Point’ is an absolute guide for aspiring and ignited minds who enter into world of Business. Having successfully won the hearts of his many customers at Parsoli motors {BMW} and instrumental in founding the first Islamic Stock Broking company, Talha’s dedication, work ethics and principles have led him to contribute immensely to corporate world. He provides a thought-provoking framework for categorizing and implementing performance management strategies with dealings in an ethical adopting behavior pattern. As a visionery enterpreneur with never say die hard attitude, this Book features indepth Corporate governance charting main pillars – Transparency, Accountability, Security for success, professional relationship and progress.
As such, because systems are complex, relying on a leader to orchestrate change from a pedestal does not work. He says, only 7.25% people in the world are in business and it is need of the hour to conquer weakness, strengthen abilities and make a differece in an organization where foreign companies have entered the scenatio to offer value produces and give tough competition. Talhabhai foresee and analyze the conduct of the Entrepreneur from the rich and developed countries like Japan, Switzerland which have been great examples of class apart success. He mentions of Principled Business and leadership following, Ethics, Integrity, Responsibility, Respect of Law and Regulations, Citizen respect, love for work. will for productivity and punctuality. Above all, efforts to save and invest. The Author variably speaks about Entrepreneurs, creativity, required skills, steps to overcome fear, mistakes and case study, Start ups. Corporate – Ethical Governance, Family Business, MSMEs and indepth on challenges (Operational & cultural) with pin points to advantages and focusing on Atmanirbhar Bharat vision of PM Narendra Modi. Furthermore, the Author is visionary to grow bsiness in an interest free environment. He speaks of the Muslim religion of Quran and Sharia law; understanding financial system in an Islamic perspective/ It encompasses the Islamic Banking system, Islamic money/capital market, Islamic Insurance {Takaful} which provides alternate sources of Banking. Indeed, debt is addictive as borrowed funds are harmful to business, he thinks. It is a bad vicious circle and according to financial analyst, high debt to equity ratio is a sign of weak business. The Author has indepth information jotted down on Management Team Management, Risk Management, Expansion, Adaptability of Technology, Wealth Management etc.
He has specifically jotted down couplets and anecdotes like:
Deewaren unchi hai, galiyaan hai tang,
Lambi dagar hai par himmat hai sung,
paaope chale hai, sanse hai buland,
ladne chala hu Interest se azadi ki jung,
Bekhauf Interest ki azadi se hai jeena mujhe,
Bekauf azadi se rehna hai mujhe.Ho Aasmaan sii Mansil
ya Samundar sa Raasta,
Bus Ek Uthe Qadam se
Tay hota hai yeh faslaAkele hum boond hai
mil jaye toa sagar hai,
akele hum dhaga hai,
mil jaye toa chaddar hai
akele hum kagaz hai,
mil jaye toa kitaab hai
A chapter on Leadership and Attributes are well described. Leadership traits, Rules of Leadership and defining new age Leaders -Perspectives Matter ! Planning, investing and being financially responsible Entrepreneur. Organizations need to promote understanding of and compassion toward not just the people they serve but also their own employees. Based on the author’s extensive research, the book makes a strong case for why and how embedding compassion into an organization’s culture is valuable, and how it can lead to extraordinary performance.
Talha Sareshwala even focus a chapter on Women Empowerment. Empowering Women with Business Entrepreneurship Chapter is adding up to Economy of the country. He feels, its need of the hour to promote Women Entrepreneurship. Boost their self confidence, shut down negativity, provide basic infrastructure for them at workplace, support women Leadership. He provides case studies of women entrepreneurs giving ideas for start ups like Food Business, Pet Training, Yoga Instructor, Garment Business, Beauty Parlour, Organic cosmetics, Consultancy and counselling, Data Entry, etc to name a few. He pinpoints important attributes of a Business women – self belief, ambition, confidence, passion, possess humility and follow passionately, dedicatedly with Hard Work to grow.
To sum up, I recommend this Book Breakeven Point by Talha Sareshwala as a guide and is valuable for every Business person for his growth and success in Entrepreneural journey.
