Sunday, 5 July 2015

Why not Entrepreneurship?

Hello readers,
Hope you all are doing great.

"A person who never made a mistake never tried anything new." 
 - Albert Einstein

We all always vision and contemplate about people who have become successful and who have come out of their comfort zones to become someone. People touch great summits when they do what they love. In this blog we tap on the folks who have great implementable ideas and able to take extreme risks for the progress of self and the economy of a country as a whole. In short it is about entrepreneurs.   

Entrepreneurs are the key for the economic growth of a country and also act as a source of employment generation. Entrepreneurship is a process of actions of an entrepreneur. It is easy said than done. To become an entrepreneur one must accept the change and must have the ability to face the risk of failures.

Couple of our friends have their own start-ups. One is into the travel and tourism business and the other one is into aeronautical and mechanical engineering online coaching, providing opportunities for aspirants who wish to teach, and also take up pilot projects for companies. When we discussed with them they shared what difficulties they had to face and how did they overcome such difficulties and setup their own establishments. The former said that there is a high level of fierce competition in the travel and tourism industry and had to plan for this venture for 2 years and it was a tough job to convince family members and gain their confidence.  He added that he loved what he is doing and he was firm in his thinking and proceeded further.The latter explained us about ,the different attitudes of students towards ,taking up online coaching which is a relatively new concept in India.   

According to them the most important aspect in entrepreneurship is networking. Without building contacts it would be highly impossible to survive in the market. It is the practical way of starting a venture.

In order to become successful entrepreneur’s it is a must to gain appropriate knowledge and the required skill sets and being proactive. Apart from these parameters establishing contacts is the key.

The Job creator.
Well if we just think for a minute, each day we work for a company, we have to realise this company now, which is very famous and may be spread around the world, was once a small entrepreneurship, so we all work due to that one single person who came out with this new idea and established a business, and also was smart enough to bring growth and opportunity in that venture, that generates employment. Isn’t that wonderful?

Becoming an impresario also helps a person in developing, a good quality that is self-management, actually the need of the hour for this generation, it gives a tremendous power to handle stress and shapes the person to a different level, and makes him a source of indefinite patience.

There is another aspect that we need to consider ,that is the economic concept ,of becoming an entrepreneur ,it definitely creates jobs as mentioned earlier ,and also boosts the economy of the country, we can definitely cut down on the goods we import in the FMCG sector (Fast Moving Consumer Goods),by building new products  similar to that available there, for which the first step is to become an industrialist

  
We would love to thank the Govt of India for their support for encouraging.
To conclude Entrepreneurship, is a wonderful tool for self-development as well as, a building block for many innovative projects, lets aim to become entrepreneurs in life..
All the best ,thanks for your time .

Living with hope.


Tejus R.S and Harish Murthy.

      

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