Entrepreneurship seems to be the buzzword everywhere.Every second there has been an idea thought of, every minute there has implementation of the same, every hour there is company and entrepreneur arising of the idea.
In olden days, the intent to be huge was important rather than the idea as the competition was lesser and few entrepreneurs made it really big.DhiruBhai Ambani, Shiv Nadar, Narayan Murthy belonged to the league who made fortunes with the spirit and idea rather than money behind it.
With course of time, formal courses were introduced to inculcate and promote the idea of business and entrepreneurship.The advent and rapid growth of technology opened a great pavement for different ideas and implementing them.The competition went stiffer and patenting those ideas became the way to make one's idea to himself.The competition is on a high rise now and any loophole in the execution of the idea is leading to its utter failure.The redundancy in the idea can sometimes be the reason of its failure.
To all the wannabe entrepreneurs , just be open to ideas. Right from a pan-shop you have a cigarette at, to the office you work at, there are lots of ideas. The key is to look into the feasibility and impact of the idea.I don't need to quote examples, but redbus.in,dotcabs and many other ideas were the result of keeping the eye open.
I intend to be one of the same wannabe and hope I implement at least one idea.
PS : MBA is not a prerequisite to an entrepreneur. My friends have been entrepreneurs without any MBA and they are doing good. The key is they are still fighting to make it big.There ventures are:
http://acdsmanufacturing.com/ACDS/ ( A manufacuring services start up)
http://www.pluraltechnology.com/v4_2/v4/index.html (An IT startup )
In olden days, the intent to be huge was important rather than the idea as the competition was lesser and few entrepreneurs made it really big.DhiruBhai Ambani, Shiv Nadar, Narayan Murthy belonged to the league who made fortunes with the spirit and idea rather than money behind it.
With course of time, formal courses were introduced to inculcate and promote the idea of business and entrepreneurship.The advent and rapid growth of technology opened a great pavement for different ideas and implementing them.The competition went stiffer and patenting those ideas became the way to make one's idea to himself.The competition is on a high rise now and any loophole in the execution of the idea is leading to its utter failure.The redundancy in the idea can sometimes be the reason of its failure.
To all the wannabe entrepreneurs , just be open to ideas. Right from a pan-shop you have a cigarette at, to the office you work at, there are lots of ideas. The key is to look into the feasibility and impact of the idea.I don't need to quote examples, but redbus.in,dotcabs and many other ideas were the result of keeping the eye open.
I intend to be one of the same wannabe and hope I implement at least one idea.
PS : MBA is not a prerequisite to an entrepreneur. My friends have been entrepreneurs without any MBA and they are doing good. The key is they are still fighting to make it big.There ventures are:
http://acdsmanufacturing.com/ACDS/ ( A manufacuring services start up)
http://www.pluraltechnology.com/v4_2/v4/index.html (An IT startup )
anna. there's nothing that sticks to a idea nw...be pragmatic...the thing is to be simple and accept the outcomes +ve or -ve, ofcourse try cheyodhu ani kadu...kani being adventrous in not the order of the day...u have to be hell lot of smart to crack d nuts in ur jny...
ReplyDelete@ alok , I disagree , being smart is the order of the day, but it is a misconception that nothing sticks to an idea now.Entrepreneurship is prevalent everywhere.Take an example of coffee shops/juice shops opened by people with almost very low investment.You can be adventourous, insane or anything, but the point is , you should have a good idea of flexibility and impact of idea, and you are continously working on improvement or innovation :)
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