Category: Entrepreneurship

Lessons to Learn from Failure as an Entrepreneur

Mamta Sharma

There are multiple variables in business that we need to learn to roll with punches and we find those variables double in size and frequency as entrepreneurs. Failing is inevitable in life and everyone fails at something or the other. Steve Jobs was rejected by many companies, Einstein was an awful student. Other famous personalities like Warren Buffet, Bill Gates, and even Oprah failed at something. Failure is, however, not the end of the world. The way you handle a situation determines who you are as a person and an…

Managing Family Business Conflicts

Dr N. Krishnan

THE MAJORITY OF INDIAN FAMILY OWNED BUSINESSES ARE LIKELY TO FAIL BECAUSE OF INTERNAL CHALLENGES – WITH THE KEY ISSUE BEING INEVITABLE – AND DESTRUCTIVE – FAMILY CONFLICTS. SO IF A FAMILY WANTS TO PASS A SUCCESSFUL BUSINESS ONTO THE NEXT GENERATION, IT NEEDs TO DEVELOP ITS OWN TOOLS AND SYSTEMS FOR MANAGING CONFLICTS 10 TIPS FOR MANAGING FAMILY BUSINESS CONFLICTS The majority of family firm conflicts are predictable. Conflict avoidance will do more harm to a family than facing up to difficult situations; instead it is important to have…

Creativity, Innovation and Entrepreneurship prime focus for holistic education: New National Education Policy 2020

Dr. Kiran Kumari Patil

The Union Cabinet approved The National Education Policy 2020-NEP on July 29, 2020[1]. The NEP proposes a paradigm shift on how education is disbursed by various institutions across the country. As the present education system limits itself in various aspects and unable to encourage innovative and out-of-the-box thinking among young minds. A much needed move for the transformation of education ecosystem The NEP seeks to establish an educational landscape that caters to the overall-development of students in order to create industry ready work force to meet global industry requirements and…

Successful Indian Women Entrepreneurs

Mamta Sharma

With the evolving Indian startup ecosystem, many women are following their entrepreneurial dream and also carving a niche in their respective ventures. This is inspiring many other Indian women who are still confined to the traditional homemaker role and rarely bother about themselves. Although as per a recent report, only two cities of India could make its way to the list of 50 most favorable global cities for women to work. Bengaluru and Delhi came in 40th and 49th place respectively. A national survey states that merely 14% of the…

Family Businesses Challenges

Dr N. Krishnan

All businesses face challenges, whether it is dealing with the changing economy, finding and hiring the right employees, or increased competition in the market. Family-owned businesses are not immune to these challenges. In fact, there is also a unique set of challenges that family-owned businesses have to face as a result of the nature of their business structure. It is important to understand what these hurdles are so that if you find yourself facing these issues, you can not only identify them, but you can proactively develop ways to overcome…

Revive Your Business and Conquer

Pugal T

We have seen one the worst ‘pandemic’ of the century. One invisible virus has wreaked the entire world to a standstill.   This has brought the entire activities, operations, and commerce to a pause mode. Slowly things are opening up and all of us are in the revival mode.   The covid-19 pandemic has left its impact on all sectors of the economy but the most impacted are MSMEs of India.  MSME’s have been the backbone of our economy with estimated 6.34 crores MSME’s, employing work force of 11 crores.  MSME’s…

Women Entrepreneur

Mamta Sharma

10 Mistakes Business Women must avoid for Successful Business In recent years, women-owned businesses have generated very little revenue in comparison to their male counterparts. Have you ever through what is coming in their way when it comes to conceptualizing business ideas that make bank? Here are the 10 grave mistakes that often get in their way: 1. Not hiring Sufficient Support Most women avoid delegating their responsibilities fearing imperfection. Even they know they’re stressed out, many women do not delegate their work to others. Moreover, they don’t want to…

Social Entrepreneurs Who are a Boon to Society

Sabqat Ruba

The world we live in today has evolved from its altruistic nature so much that it has stopped looking at societal problems. Although many inventions taking place almost on a daily basis and technology’s growth at a great pace can benefit the less privileged, society and its problems only truly concern a few. And they are social entrepreneurs, who go out of their way to make life better for the deprived and needy, and whose selflessness beats everything. Here are a few affecting stories of Indian social entrepreneurs we all…

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