RE:Failed Enterpreneurs will never get top job
by on Jan 31, 2007 03:43 PM Permalink
This of course doesn't happen. I infact welcome people who were enterpreneur and somehow failed. Failing is not the end of the world and I assume the guy would be much more cautious and committed in job and so far has seen this practically.
RE:Failed Enterpreneurs will never get top job
by on Jan 31, 2007 03:43 PM Permalink
This of course doesn't happen. I infact welcome people who were enterpreneur and somehow failed. Failing is not the end of the world and I assume the guy would be much more cautious and committed in job and so far has seen this practically.
RE:Failed Enterpreneurs will never get top job
by sunil kumar on Jan 30, 2007 04:38 PM Permalink
One should start business by readying oneself to fail. One learns most by mistakes and failing. Going back to job should be last option when you start business. Moreover, you will have experience of having own business as plus if at all you apply for job. This is win-win situation.
RE:Failed Enterpreneurs will never get top job
by Rajjat Ojha on Jan 31, 2007 03:42 PM Permalink
This of course doesn't happen. I infact welcome people who were enterpreneur and somehow failed. Failing is not the end of the world and I assume the guy would be much more cautious and committed in job and so far has seen this practically.
one should see the corporate world atleast for an year before starting any new venture. At times B school grads have fantastic ideas and they just cant wait for execution.
Friends i would like to add one point for the budding enterp...,that before u go in for a venture,besides all other requirements,select a good team.now this can be selected either while u r in college or maybe while working."RIGHT TEAM IS VIMP".
RE:Select ur team
by Easwar Moorthi on Jan 30, 2007 10:09 AM Permalink
I like to add my 2cents. I run a start up, yes, Team is very important. If you are losing, try to survive as long as you can, you have a chance to win at any time. Once you think that you can not win, just quit and there are much lots of opportunities. Wish everyone all the best!
Enterpreneurship or Job i guess depends on the person capability.He should be judious to be selective in his/her career goals which can be set and acheived in due course of time.
An entrepreneur is not an employee but an employer.At the top of all private corporations are entrepreneurs, the people who concieved them as ideas and foresaw their present a long time ago as a vision. People who had something original to offer to the society. People who started out with tiny buds and eventually transformed them into entirely new branches of human civiilization ,many of which ,over time have become inseperable organs of the way we live. An entrepreneur is not a single specialized skill set that you can use over time, to fill some predefined space in the human society, but creation of entirely new space.It is not an option but a realization that comes to someone who has an idea, the ability and the willpower to implement and sell it ,and at the end of the day is still ready to accept failure.The two are entirely different and incomparable.Yet there could be a stage where one is a stepping stone to the other.
Entrepreneurship is all about being confident and having an innate ability of taking risks and being creative in decision making. I thing all individuals possesing these skills should think about starting their own business and giving employment to others rather than being employed themselves.
It is defnitely enterpreneurship in the current age. India is poised to become a bigger economy. We would not be having Infosys if Narayan Murthy had not taken the decision. The crux about enterprenuership is you are not earning your living but also giving others the same. Recently I had read an inspiring story of Sarath Babu an IIM Grad who started his own catering business. A top MBA and lucrative job in the initial phase of career is great but it will be great if it flies of with enterpreneurship.
I repeat in current situation of India's economic boom, this is the best time to start a company.
RE:Defnitely - Entrepreneurship
by mohan siva on Jan 30, 2007 02:55 AM Permalink
Entering into an Venture without adequate knowledge is like .. Elephant on his own wicket on the other hand, No Risk No Reward......
Prepare your homework for atleast 2 years ,I mean stay in that particular field then analyse the position whether you can succeed if u start up with ur own venture... then decide according to yourself..........................
Experience counts than sayings... Which I learnt through my exprn..
A successfull enterprenaur is the one who pays big checks. So, no mater how big the pay check you draw, your skills are utilized by some other. This is any IT age.... you dont need experience in running a company... all you need is guts n skills to utilize others!!!
I would appreciate entrepreneurs as i m going to be a budding entrepreneur, pursuing post graduation diploma in entrepreneurship and business management. I feel entrepreneurs are the one who take calculated risks in their life and try to create something of their own. I believe everyone should have working experience of at least 1-2 years before starting something of their own. I would suggest those young intelligent minds who are having entrepreneurial qualities to be an intrapreneur in a firm if they cannot open their own firm.best wishes!!
RE:definitely entrepreneurship !!
by sandeep chakravarthy on Jan 29, 2007 11:18 PM Permalink
hey Preethy..u r right...1-2 years of experience...that too in start up companies gives you a very good exposure on how to run a business successfully from scratch...
RE:definitely entrepreneurship !!
by chandrasekhar reddy on Feb 04, 2007 07:11 PM Permalink
1-2 years years expericence is right if your are staring a of the same line.but for new idea and ventures you required management skill on how to run a business
RE:definitely entrepreneurship !!
by Yogi on Jan 31, 2007 01:52 AM Permalink
hey u dont really need PGD for entrepreneurship...and dont waste ur n somebody elses time of 1-2 yrs to gain exp... u dont really need that.. Treat people as normal human beings.. Give them the incentives n they will help u.. U need to identify problems n work on them...
RE:definitely entrepreneurship !!
by Vijay Beleri on Jan 30, 2007 05:46 AM Permalink
Experience very important yes preethi agree that experience working elsewhere is very important. Especially a smaller company where exposure is present on all aspects of running business. Its not just the technical aspects, the financial, legal tax matters which take far more time than technical matters.. So guys and gals be ready for it if jumping into a business.
RE:definitely entrepreneurship !!
by amit duggal on Jan 29, 2007 11:34 PM Permalink
Preethy can u elaborate ur intrapreneur point giving an example........
A person should gain some experience in understanding global business model, Agility in responding to changing business requirements to offer competitive products and services.
