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Bottled for Business: The Less Gassy Guide to Entrepreneurship PDF

185 Pages·2007·9.38 MB·English
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Preview Bottled for Business: The Less Gassy Guide to Entrepreneurship

TEAM LinG BOTTLED FOR BUSINESS TEAM LinG ffffiirrss..iinndddd ii 2222//1122//22000066 1155::4466::4400 TEAM LinG ffffiirrss..iinndddd iiii 2222//1122//22000066 1155::4466::5599 BOTTLED FOR KARAN BILIMORIA BUSINESS The less gassy guide to entrepreneurship TEAM LinG ffffiirrss..iinndddd iiiiii 2222//1122//22000066 1155::4466::5599 Copyright © 2007 by Karan Bilimoria First published 2007 by Capstone Publishing Ltd. (a Wiley Company) The Atrium, Southern Gate, Chichester, PO19 8SQ, UK. www.wileyeurope.com Email (for orders and customer service enquires): [email protected] The right of Karan Bilimoria to be identifi ed as the author of this book has been asserted in accordance with the Copyright, Designs and Patents Act 1988 All Rights Reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, record- ing, scanning or otherwise, except under the terms of the Copyright, Designs and Patents Act 1988 or under the terms of a licence issued by the Copyright Licensing Agency Ltd, 90 Tot- tenham Court Road, London W1T 4LP, UK, without the permission in writing of the Publisher. Requests to the Publisher should be addressed to the Permissions Department, John Wiley & Sons Ltd, The Atrium, Southern Gate, Chichester, West Sussex PO19 8SQ, England, or emailed to [email protected], or faxed to (+44) 1243 770571. Designations used by companies to distinguish their products are often claimed as trademarks. All brand names and product names used in this book are trade names, service marks, trade- marks or registered trademarks of their respective owners. The Publisher is not associated with any product or vendor mentioned in this book. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold on the under- standing that the Publisher is not engaged in rendering professional services. If professional advice or other expert assistance is required, the services of a competent professional should be sought. Other Wiley Editorial Offi ces John Wiley & Sons Inc., 111 River Street, Hoboken, NJ 07030, USA Jossey-Bass, 989 Market Street, San Francisco, CA 94103–1741, USA Wiley-VCH Verlag GmbH, Boschstr. 12, D-69469 Weinheim, Germany John Wiley & Sons Australia Ltd, 42 McDougall Street, Milton, Queensland 4064, Australia John Wiley & Sons (Asia) Pte Ltd, 2 Clementi Loop #02–01, Jin Xing Distripark, Singapore 129809 John Wiley & Sons Canada Ltd, 22 Worcester Road, Etobicoke, Ontario, Canada M9W 1L1 Wiley also publishes its books in a variety of electronic formats. Some content that appears in print may not be available in electronic books. A catalogue record for this book is available from the British Library and the Library of Congress. ISBN 13: 978-1-84112-726-2 Designed by Cylinder (www.cylindermedia.com) Anniversary Logo Design: Richard J. Pacifi co Set in Stone by Sparks (www.sparks.co.uk) Printed and bound in Great Britain by TJ International Ltd, Padstow, Cornwall This book is printed on acid-free paper responsibly manufactured from sustainable forestry in which at least two trees are planted for each one used for paper production. Substantial dis- counts on bulk quantities of Capstone Books are available to corporations, professional associa- tions and other organizations. For details telephone John Wiley & Sons on (+44) 1243–770441, fax (+44) 1243 770571 or email [email protected] TEAM LinG ffffiirrss..iinndddd iivv 2222//1122//22000066 1155::4477::0000 Dedication I wish to dedicate this book to my father, Lt General Faridoon Bilimoria, who taught me more about life and leadership than could be contained in any number of pages. This is but a humble tribute to a man who gave me so much. I will forever be grateful to him. TEAM LinG ffffiirrss..iinndddd vv 2222//1122//22000066 1155::4477::0000 TEAM LinG ffffiirrss..iinndddd vvii 2222//1122//22000066 1155::4477::0000 CONTENTS ACKNOWLEDGEMENTS ix INTRODUCTION xi 1 PERSISTENCE PAYS 1 2 FIRST STEPS 15 3 FINANCING COBRA 27 4 LOOK AFTER YOUR PRODUCT (AND IT WILL LOOK AFTER YOU) 45 5 THE COBRA FAMILY 57 6 ‘MY NAME IS DAVE, AND I’M A CURRYHOLIC’ 75 7 RESTLESS INNOVATION 93 8 PUTTING SOMETHING BACK 111 9 WHEN THE GOING GETS TOUGH 123 10 GOING GLOBAL 139 APPENDIX 1 – COBRA AWARDS 155 APPENDIX 2 – TIMELINE 161 INDEX 165 TEAM LinG ffttoocc..iinndddd vviiii 2222//1122//22000066 1155::5500::0088 TEAM LinG ffttoocc..iinndddd vviiiiii 2222//1122//22000066 1155::5500::1111 ACKNOWLEDGEMENTS T here can be no book without a story, and the Cobra story has been many years in the making. Through it all, we have enjoyed the sup- port of so many people that the task of thanking them would fi ll a book in its own right. I can only say that Cobra’s success is in the very fullest sense a team effort, and I am truly grateful for the assistance and encourage- ment of the team at Cobra Beer, the Indian restaurant industry, our stockists, distributors, suppliers, advisors and friends. Our journey together has been in every way a privilege. Now that the story has become a book, I fi nd myself in the debt of many others as well. First and foremost I must thank Steve Coomber, whose talents and patience brought the Cobra story to life, and Dominic Midgley, who wrote the foundation of the book. John Moseley, Julia Lampam, Iain Camp- bell, Grace O’Byrne, Kate Stanley and the rest of the team at Capstone have guided Bottled for Business from brainstorm to bookshelf. Although this is my fi rst (and hopefully not last) book, I can say with confi dence that one could wish for no more from a publisher. I would also like to thank my wonderful wife, Heather. This book must ultimately be for my family, to whom the greatest debt is owed. They are, and have always been, unfailing in their support. ix TEAM LinG ffllaasstt..iinndddd iixx 2222//1122//22000066 1155::5500::4400

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"Every bit as good as the beer itself."—SIR RICHARD BRANSON, Founder and Chairman, Virgin GroupSo what does it take to be a successful entrepreneur? There are many different answers, but according to Karan Bilimoria, founder of Cobra Beer, do the following and you won't go far wrong: be creative,
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