Aspire Media and Wadhwani Foundation partner to deliver benefits to the “Small Enterprise Business Awards 2021” nominees

 ~ Wadhwani Advantage, the flagship initiative of Wadhwani Foundation to provide knowledge support to SMEs & empower them with capabilities to maximise their growth potential~ ~ Wadhwani Advantage shares its expertise by being part of the jury~ Aspire Media has completed the nominations for the MSMEs across India with its 4th Annual awards Small Enterprise Business Awards 2021 (SEBA) to recognize…

Challenges of Entrepreneurship Development in India

The Economic survey in 2019-20 using World Bank’s data on entrepreneurship stated that India ranks third in the number of new firms created. However, India ranks significantly lower in terms of intensity when compared with countries like UK and US. Between 2006 and 2016, the mean number of new firms registered per year per 1000 workers was 0.10 whereas it…

Role of Emotional Intelligence in Entrepreneurial Journey

Emotional intelligence, in a nutshell, is the skill of detecting and understanding emotions in others as well as oneself. Emotional intelligent people are generally good at managing their own emotions and helping others manage theirs. Emotionally intelligent people are good at putting themselves in someone else’s shoes and seeing challenges from different perspectives, which can also help them solve problems…

What an Entrepreneurship Course can do for You

Even though entrepreneurial skills are not taught from the early stages of education, entrepreneurship is growing as the choice of the youth and people belonging to the age group 35-45 years. While being an entrepreneur seems exciting and easy in one’s head, this article tells you that it is a lot more than that. Entrepreneurship programmes, curricular or non-curricular, make…

Managing Differences and Conflict Resolution – A Skill Must to be Developed in Family Business

Longstanding family conflict can bring a family business to its knees. It saps energy and happiness and holds back the business from functioning optimally. The first step in resolving longstanding conflict is recognizing that the consequences of avoiding an issue are worse than the emotional discomfort of discussing it. Let us look at an example of a family that succeeded…

5 Causes Women in Ecommerce Should Stand for Each Other

Female entrepreneurs are continuously making their space in the world of business by accepting new challenges each day and are achieving great success. As per the non-profit corporation Catalyst, females hold at most 6 percent of CEO posts in the S&P 500. However, that percentage bounces considerably when we look at eCommerce, as Amazon data firm Jungle Scout reports that 32 percent of the sellers are females.…

Transitioning the Family Business from one generation to another

Family businesses are not only “the backbone of the Indian economy,” but also tend to perform better than nonfamily companies during economic crises. But what happens when the founders decide to retire and hand over the reins to a new generation? For many family businesses, that involves one of the most complex processes and generates the most challenges. The following…

Top 10 Challenges before Small and Medium Businesses Today

Starting a business is a great achievement for all entrepreneurs, but sustaining one is the bigger challenge. There are a number of standard challenges each business faces, regardless of their size. These comprise of things like employing the right people, developing a client base, building a brand, etc. However, there are a few which are strictly small and medium sized business…

5 Tips for Women to Negotiate Better

When negotiation conditions are unambiguous and clear, recent research discloses some gender differences in the possibilities of initiating a negotiation. For instance, one might not expect men to be more probable than women to start a negotiation for a supplier agreement or a customer contract. However, when the aptness of negotiating is not so clear—as is mostly the case for negotiating visibility,…