Lately, i read an article on whether indians lack a flair for entrepreneurship? The article of course uncovers the fact that by far indians have made successful buisnesses almost in the whole of world.
From America to Canada to UK to UAE, indians have proved to have entrepreneurship flavour inspite of the fact that the environment,society and family does not always support.
Infact there is a Gujrati chain in US who have captured 60% of the food chain in US.A very recent example is Mr Lakshmi Mittal who is the steel king of the world,then there was Dhirubhai Ambani,Tatas,Birlas,Mahindras, the list goes on....
Infact I am surprised how can people think of putting such ridiculous questions on indians.Inspite of lack of support,financial crisis and family responsibilities on us, we have proved to be so good entrepreneurs.
It is comparitively easy to start a technical venture in US.It is said that if you are in a right place at right time then nothing can stop you from rising, similarly students in US raising fundings, starting ventures and because the market is hot they are turning out to be successful entrepreneurs.And on the other hand the time is same(Market is HOT) but raising funding in India is quite difficult.VCs are not ready to invest till the time your venture isnt successful.Now the point is when you are successful why would you want funding..haha:) Inspite of such nonsupporting environment, startups in india still are growing at such a fast pace.I must say i am proud of being citizen of a country where such brilliant people live.
Few years ago i came across an IITian who was in his final year.He had his own startup in Buisness Incubator while he was in 3rd year.Isnt it inspiring...a graduate in his third year is running his own venture and trying out his best to convert his idea into a good revenue buisness.I began thinking what is so special in IITs that give birth to an entrepreneur from an undergrad student. What i found to my surprise was its not the academics nor it is the learning, rather it is the attitude which makes IITians different from non IITians.To start your own venture you need to think beyond boundaries. Rightly said, "Think Big,Work smart,Put in your Best and Make it happen" is the philosophy behind success in any field.
From America to Canada to UK to UAE, indians have proved to have entrepreneurship flavour inspite of the fact that the environment,society and family does not always support.
Infact there is a Gujrati chain in US who have captured 60% of the food chain in US.A very recent example is Mr Lakshmi Mittal who is the steel king of the world,then there was Dhirubhai Ambani,Tatas,Birlas,Mahindras, the list goes on....
Infact I am surprised how can people think of putting such ridiculous questions on indians.Inspite of lack of support,financial crisis and family responsibilities on us, we have proved to be so good entrepreneurs.
It is comparitively easy to start a technical venture in US.It is said that if you are in a right place at right time then nothing can stop you from rising, similarly students in US raising fundings, starting ventures and because the market is hot they are turning out to be successful entrepreneurs.And on the other hand the time is same(Market is HOT) but raising funding in India is quite difficult.VCs are not ready to invest till the time your venture isnt successful.Now the point is when you are successful why would you want funding..haha:) Inspite of such nonsupporting environment, startups in india still are growing at such a fast pace.I must say i am proud of being citizen of a country where such brilliant people live.
Few years ago i came across an IITian who was in his final year.He had his own startup in Buisness Incubator while he was in 3rd year.Isnt it inspiring...a graduate in his third year is running his own venture and trying out his best to convert his idea into a good revenue buisness.I began thinking what is so special in IITs that give birth to an entrepreneur from an undergrad student. What i found to my surprise was its not the academics nor it is the learning, rather it is the attitude which makes IITians different from non IITians.To start your own venture you need to think beyond boundaries. Rightly said, "Think Big,Work smart,Put in your Best and Make it happen" is the philosophy behind success in any field.
3 comments:
But we need more successful examples with out of box thinking, to give boost to the coming generations.
But we need more successful examples with out of box thinking, to give boost to the coming generations.
Yes successful examples may be Rakesh Mathur of Junglee.com and Sabeer bhatia of hotmail.com and Rakesh jain of sify.com and Alok mittal of jobsahead.com and the list just goes on and on.These are the people who started their ventures,made them successful and now they are the venture capitalists.
Who says indians dont have a flair for entrepreneurship??
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