"Entrepreneurship" is one buzz word which fascinates most of the youth in India these days. Days have gone where people were happy with the monthly salary that they earn. Everyone these days wants to go global and earn a business of their own. This may be because of the blowing air from the western culture, which is basically very healthy. This is one best area where Indian youth have done a brilliant job in the recent past. Entrepreneurship may be one skill which cannot be thaught but can surely be developed. Readers might very obviously think, who is this dame f&#king idiot to talk about entrepreneurship when he is just in college days. You are very correct but this is not to improve on entrepreneurship or tips for developing it. This is just a straight forward view upon entrepreneurship by a very young chap. Readers so can therefore put forward your views on the same.
Before stepping into the river it would be better to know about the nature and the depth of the river, in order before starting de preparation upon entrepreneurship it would be better to know the characteristics of entrepreneurs. The few characters that i had observed have been
Passion for improvement
Decision making
Flexibility
Risk handling
Speaking about entrepreneurs, they have been of two categories, one may be inheriting and improving and second starting up a new one. Among this, inheriting and improving would be an easy task when compared to the later. Today v have been talking abt the ambanis; all credit goes to the legendary dhirubhai ambani who was able to handle the pressure and the critics of those days wen he was up to start up a business of his own. And today Mukesh has a easy way of inheriting things and keep improving. Who knows wat wuld have been the condition of Mukesh if the ideas of dhirubhai had pissed off. What ever might be the case, today Mukesh is the business tycoon of India and flies in his private jet worth RS 242 crores, his mobile office.
When an individual today wants to start up a business, there are lots that he needs to face. He has to work his balls out to earn each and every penny. Thanks to the Indian economy which is not worse as the American. When an American starts up business and fails he can only settle selling hotdogs on the streets of Newyork. He could imagine settling at the either ends rather than hanging around somewhr in the middle. Who culd deny the fact abt DELL going bankrupt overnight due to de decline in share rates. But dats not the case in India, one culd aim at improving his business quite slowly but very steadily. So, the risk factor is considerably low wen compared to the US markets.
Anyway, each job today has its own pros and cons. Few advantages of own business would be self employment, better economic growth, healthy competition etc. Anyone who aims to go big boy! the only way is to own business rather than cleaning the shoes of the English men.
