{"id":1124,"date":"2010-08-20T20:11:52","date_gmt":"2010-08-20T14:41:52","guid":{"rendered":"http:\/\/shekharkapur.com\/blog\/?p=1124"},"modified":"2010-08-20T20:17:49","modified_gmt":"2010-08-20T14:47:49","slug":"a-blackberry-addict-discovers-even-more-grassroots-enterprise-in-india-the-story-of-lattoo","status":"publish","type":"post","link":"https:\/\/shekharkapur.com\/blog\/2010\/08\/a-blackberry-addict-discovers-even-more-grassroots-enterprise-in-india-the-story-of-lattoo\/","title":{"rendered":"&#8216;A Blackberry Addict&#8217; Part 2: The story of Lattoo"},"content":{"rendered":"<p>&#8220;You should be accepting credit cards&#8221; I said. &#8220;No one carries cash anymore you know, get one of those machines that waiters have?&#8221;<\/p>\n<p>The young boy grinned widely. Smiling benignly at my perfectly impossible request. Probably has never seen the inside of a restaurant that takes credit cards.<\/p>\n<p>&#8220;How much does it cost ?&#8221; I asked pointing at one of the five &#8216;original&#8217; Blackberry car chargers he was holding up. I am one of those that regularly charge my Blackberry last thing before I sleep, but often forget to turn &#8216;on&#8217; the main power switch. Don&#8217;t you get confused between the US and India, where off is on, and on is off ?<\/p>\n<p>&#8220;250 rupees&#8221;. Five dollars<\/p>\n<p>&#8216;But I don&#8217;t have any cash&#8221;,  I said &#8221; will take it next time I pass through&#8221;. By now the cars behind me are angrily honking away. The lights are about to turn from red to green. You notice in India how people start honking at you <em>before<\/em> they turn green ?<\/p>\n<p>&#8220;No, you take it now, and pay me later when you pass through&#8221;<\/p>\n<p>The cars honking increased as I sat there looking straight into his honest eyes. Is he serious ? Not a hint of doubt there.<\/p>\n<p>&#8220;How will I find you ?&#8221;  For we were at a heavy traffic junction where most boys his age and dressed like him are begging.<\/p>\n<p>&#8220;Oh, just ask for me, take it and pay me later. My name is Lattoo&#8221;. Means a spinning top. But my head was spinning now, this kid was making a sale, and he was gambling on the negotiation like a pro. Could this really be true ?<\/p>\n<p>By now drivers were passing me by and hooting to show their displeasure.<\/p>\n<p>&#8220;But what if you are not here when I pass again ?&#8221;<\/p>\n<p>&#8221; Here,  put my mobile number in you Blackberry, just call me&#8221;, he said as he handed the Blackberry charger to me.<\/p>\n<p>I had enough charge for that, so quickly did and drove away before the lights turned red.<\/p>\n<p>The whole transaction took about a minute in which Lattoo made a quick risk assessment against potential return. And no, he did  not recognize me.  In that time he told me he bought the charger for Rs 250, but I insisted he told me the truth so he admitted to Rs 230.<\/p>\n<p>Given that I have spent the whole of yesterday and last night with my lawyers going through reams of contracts from executives covering every possible eventuality in a transaction, I was amazed at the trust a street urchin put in a transaction.<\/p>\n<p>I am flying to London tomorrow. My office has Lattoo&#8217;s no, and Rs 500 to give him. He deserves it. When I come back I am going to call him and invest Rs 5000 in him and show him the same trust he showed in me. For he showed true entreprenuership at grass root level.<\/p>\n<p>And yes, the charger works !<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;You should be accepting credit cards&#8221; I said. &#8220;No one carries cash anymore you know, get one of those machines that waiters have?&#8221; The young boy grinned widely. Smiling benignly at my perfectly impossible request. 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