Collaborative Inclusive Partnerships and Strategic Investments: A

Guide and addressing a very critical issue on commitments

Fellas, A very Happy New Year to our Businesses. Let this new year usher a gush of

opportunities for us to grow together. An important thing to remember is that

opportunities do not come knocking at our door steps but dedicated sincere efforts and

our conduct in the past is what brings them. Luck is one factor but not the only factor;

between pure luck and credibility, the latter wins. The true test of a businessman is

through his "vhavaar" meaning his professional conduct with people from lowest to the

highest which includes his upkeep of his words, commitments, his intent, his clarity of

thought, his clarity and command on language and the audacity to say no or politely

apologize if things are not possible; such qualities are which build an Entrepreneur.

What four learned people say about you is the right opinion of yourself. The source of

such qualities are inbuilt, fitted in us and not just manufactured. Its upon us to nurture

them and maintain them. Professionalism emanates from the fear of the almighty and

the fear of loosing name in the market as well as in front of some special people in our

life. Its often said "It’s ok if we do not get work but our name should not come under a

threat. Name, integrity, selfless relationships in business is everything. Continuous

brushing up your relationships old and new is also a very important factor.

With the above values, let’s start on a trust based journey together. Be it any project

debt or investments, however small or big. It is supremely important for us to stay

committed. Commitments come in the form of Upfront/Engagement fees and Pledged

signed agreements towards exclusive mandates. Here comes the critical issue of

engagement fees. In our Profession in the Financial World, image and commitment

towards our investors is very critical; we should be utmost confident that the client does

not change his mind after we having getting the project approved and invested all our

resources into getting such approvals; moreover more than our efforts being lost, it is

our image in front of our investors which is soiled and thoroughly unacceptable. It is a

belief that financial involvement of a client as well as timed Exclusive mandates ensures

that the client does not move away from us thus creating win win situations for all. The

client gets his investment and we too maintain a good relationship with our investors.

Another issue in this area is to how to trust people on paying upfronts.The practice of

Upfront is not wrong but the choice of people to which upfront are paid is wrong. The

credibility of the person as an individual and their credibility as a company should be

verified. Businessmen owing companies and as individuals never vanish after taking the

upfront fees. Whereas upfront should never be paid to individuals but to Registered

companies only. Also upfront should never be paid without a legitimate agreement and

without visiting the office of the concerned company. One should also ask for a detailed

company profile of the company and verify it with the current market. We at our level

take upfront or engagement fees to safeguard our interest else such small amounts

make no difference to us nor the investor nor the client but only serve as a mark of

commitment. In the case of bank or NBFC both take upfront, just the name is

processing fees which we pay gleefully. Why financial institutions, every professional

organization be it a law firm, a manufacturing unit, distributors, traders, etc all take

upfront, then why this discrimination with our financial industry. You should trust the

people you work with based on the above test checks. Also the projects which roam

around too much automatically enter the black list of the investors even if there is

nothing wrong with the project. This is a worst case scenario for any promoter as they

loose the negotiating leverage and end up selling Gold at the price of copper.

With India and the world growing rapidly, investments are the need of the hour. We at

Goldstar have abundant resources for debt as well as equity/JV in the form of National

as well as International investors irrespective of any sector and business; may it be real

estate, mining, minerals, environment, waste to energy, Solar power, wind power, IT,

business Parks, LC's, SBLC'S, BG's, etc, etc. We could invest in existing companies to

expand or invest in their newly formed projects anywhere on the planet. We also fund

the Central Government, The State Governments, PSU's etc. in the form of sovereign

government guarantees at as low as around 2% pa from our international arms (subject

to ratings of organization). Entrepreneurs, owners, Governments should take complete

advantage of this opportunity and expand themselves. It’s an agenda to grow together.

It’s a different world free of any insecurities and progress only that we should enter in.

Let’s make our lives better. This article is being written in general interest.

Please feel free to connect with us at nmistry@Rachcons.in and +918108190382.