Category: Entrepreneurship

The phenomenon, such as pandemics and economic recessions, change the track of businesses, economies, and on a larger scale of government’s decisions thus change the course of history. SARS Pandemic 2002-2004 similar to COVID-19 Talking about recent times, the pandemic of SARS of 2002-2004 brought about a spectacular growth of a then- not so big e-commerce company titled Ali Baba and aided in establishing it at the top of retail in Asia. This growth was made even larger by underlying eagerness around human contact and traveling, very close to the current situation…

Today entrepreneurship is more lucrative and challenging both. In this age of digitization where the global economy is led by entrepreneurs like Steve Jobs, Dhirubhai Ambani, Azim Premji, and more, many millennials are preparing to enter this market. More than 6 million audiences across the world are gathered in shows like Shark Tank, a multi-Emmy Award-winning entrepreneurial-themed reality show, where aspiring entrepreneurs get an opportunity to succeed. Also in 2008 financial slowdown, the conventional career routes were unpredictable. As a result, millennials consider entrepreneurship more than traditional working. Some of the primary…

You need to be ready if you are planning to quit your regular job to start your venture because it is not a piece of cake. The challenges are many that you might come across before venturing into the less-traveled path of entrepreneurship. During your first venture, you are responsible for many things from being flexible between long working hours to devising new ideas. Although, you will be easily able to gain rewards if you know how to surmount these challenges. Below are some of those challenges that will help…

Entrepreneurs are quite an exclusive league of people. Some would sit and daydream about the joy of being boss of their own and create their business while those who are deep inside the business and have already considered all the rewards it has to offer, also think that it is quite a difficult path to walk on. The most profit-making entrepreneurs of the world are those who instantly quit their job whenever they have a visionary idea and chase it. The ones who have an entrepreneurial attitude with a collection…

The term “Entrepreneur” seems to be in all genres of industries and has vividly different backgrounds. Some work tirelessly on a product that they believe in while others build personal brands. Anyone can convert entrepreneurship into a functional business as many people refer to it as “innovation”, “passionate”, “trailblazing”, “problem-solving” and much more.  These are the traits that entrepreneurs look for. According to Harvard University, “The pursuit of opportunity beyond controlled resources” is entrepreneurship. The basic definition can be – someone who spots a need and risk financially to satisfy…