Category Archives: business

Want to be an Entrepreneur?

Entrepreneurship involves giving life to an idea without the help of anyone else and developing it into and maintaining it as a successful business.

In recent times of ups and downs in the business market and most importantly, the depression of 2008, has prompted the great requirement of competent, skilled and smart entrepreneurs that are flexible and malleable when it comes to building new policies and ideas for the growth of a business venture that continues even through the toughest of times.

Another important aspect of entrepreneurship is that it is one of the most reliable and also the most used determiner of the near future of the country. By analyzing the entrepreneur industry one can determine the availability and creation of jobs, turnover, opportunities to succeed and more in the future.

Entrepreneurships are classified in multiple ways and thus, into several categories. Some of them entail:

  • First classification
  1. Opportunity-based entrepreneurship
  2. Necessity-based entrepreneurship
  • Second classification
  1. Technological
  2. Geographical
  3. Sociological
  • Third classification
  1. Business – Business entrepreneurship revolves around raising revenues and the inflow of money.
  2. Social – Social entrepreneurship incorporates the making of strategies that aid in improving the society and focuses on its betterment.

Apart from the requisite qualifications for entrepreneurship, an individual is required to have a passion for working hard with determination and positivity. They must be dedicated to their craft. Being bold and brave enough to take risks would be added bonuses that can help them progress even on the rockiest of terrains. It would be helpful if they come from a business background. Furthermore, shrewdness in business as well as the business market can give them an edge in the field.

The best part about entrepreneurship is that there is no age for this profession. One can acquire as much knowledge as they wish to and jump into this field. However, the minimum requirement to join even a certificate course for entrepreneurship is the passing certificate of level 10+2 or grade twelfth. At the same time, the aspirant’s knowledge, experience and the requirements of the course they are opting for are also considered in case of which the 10+2 rule may be revoked. Today, an array of institutions including the top B Schools in Rajasthan offer a wide range of options for budding entrepreneurs and aspirants. These courses include several short term courses stretching from 6 months to a year or more. Getting a degree from a reputed B.Com college in India is very important to establish a strong and valuable foundation for a future entrepreneur. A good course can help inculcate in them the qualities necessary to not only launch a new start-up but also to manage it well enough to transform it into a leading entrepreneurial venture.

The best thing about entrepreneurship is that an entrepreneur does not have to wait for any good opportunities or opportune time to initiate their company or to build an already existing one. An entrepreneur carves his or her own future. All they need to do is gather funds which, on the other hand, are quite the task. Nevertheless, the good news is that in India, the government is more than ready to fund new start-ups and fresh entrepreneurs. There are several schemes from the f=government that provide support in the form of funding, tax incentives and building infrastructure to facilitate new ventures. Moreover, there are many private as well as public institutions that provide education along with scholarships and funds to aspiring entrepreneurs wishing to start a new business.

Another great development in the field of entrepreneurship is the advent of a number of women entrepreneurs and businesswomen. Not only have a great number of Women’s MBA Colleges cropped in India, but these B-schools have seen a considerable surge in the number of female students taking admission in them. Female entrepreneurs are immensely encouraged by such colleges, social organizations, NGOs as well as the Government of India. This is a great step ahead for the Indian socio-economy as not only will this uplift the female population in the country, but poor families too. Such families usually have a female bread earner and entrepreneurship is probably the best way to benefit these families financially.

3 Steps to Entrepreneurial Success

There is a persistent debate over the topic of whether entrepreneurs are born or made. If we look around and observe the lives of the successful entrepreneurs of the world, we would find that very few of them had lead anything different from an average normal life.

Now, the question still lingers, what is that which makes some of us become successful? There are many scholars who believe that one must have luck to get the right motivation in life and discover the entrepreneur in themselves. This view cannot be completely ignored.

Alternately there are those who take the counterpoint advocate the need for conscious effort to enhance one’s entrepreneurial spirit. They talk of three main steps a person should follow to achieve entrepreneurial success.

1. Find out your capabilities

First of all, you need to discover the things you can do. This depends upon your personal aptitude and the skills you have developed over all your years of learning. Understanding what you can do will also tell you about the things you cannot do. In classical words, the first step to becoming a successful entrepreneur is to understand your strengths and weaknesses. But once you identify them, stay persistent in your goal! As Jack Ma, founder of Ali Baba says, “If you don’t give up, you still have a chance. Giving up is the greatest failure.”

2. Find the right gap in the market

Once you have understood your capabilities, and also, limitations, the next step would be to look out at the market you would operate to bring a substantial change. You must find out what people would like you to do. If you fail to find the right gap, all your efforts, would prove to be futile. Let us take the example of real estate entrepreneur, Mr. Varun Manian. He was able to build his empire in the city of Chennai, because he could understand the visible gap in the market. Not only did he offer reliability, a scarce trait in the property developers of today. Mr. Varun Manian has also consolidated his empire by providing ancillary services to home owners that includes real estate management, housekeeping services and NRI services among others.

3. Find the right channels

Once the right gap has been discovered, the success of an entrepreneur lies in the channels he or she chooses. In fact, the mistake of choosing a wrong channel would lead one down a blind alley.

This means that once you have established a gap in the market you need to identify the right way to fill that gap. Joe Gebbia, co-founder of Air BnB chose to establish his business online. This automatically made it an effective business proposition. Providing a portal online for both renters and landlords illustrates how he chose the right medium and the channel for his idea.

Follow these three steps with dedication, and no force can stop you from tasting the joy of success of entrepreneurial creation.

Importance of Greeting Cards Priting For a Business

Greeting cards are one of the best way of wishing friends, business associates and other close people for a particular occasion or festival or reminding them of your existence in the world. These cards could be designed to wish someone well or to commemorate a coming occasion. They vary from simple cards with a blank inside that could be general purpose cards, with a touching or clever message that the receiver can relate to. In terms of size and complexity, they could vary from small to big – some with a music chip and others without. Some of the cards have cutouts and others have pop-ups. You can get some affordable greeting and some that are ridiculously priced. The firms like Hallmark have taken this concept to a whole next level and made a profitable global business out of it.

Business Greeting Cards

Business greeting tends to be re-printed greeting cards, with space to hand write the name of the person it is being sent to and space for the sender to sign. The cover can vary from a plain front with just the company logo or there could be a picture related to your business products. These cards normally come in a standard size and they are made of high quality paper as they reflect your brand/business. These are often sent out to business contacts and associates once a year time period. Some firms use this chance as a social service initiative and purchase their cards from a company that uses the funds for social enlistment.

Personal Greeting Cards

Personal greeting is where the greeting corporate makes their money. There is a list of cards for relatives and friends of all kinds, for occasions of all types. They come in a lot of varying colors, shapes and sizes and card designers are busy attempting to design ever more pulling a greeting cards print, with clever or sentimental text that are perfect for the occasion. The work of sending out greeting shows persons you care, but the commercialization of the practice has taken out the personalization out of it, because generally people just write the name of the person it is addressed to and the sender. They just write a message that is very short.

Printing Greeting Cards

The greeting card printers abound in each and every city in the world. They meet the requirement for affordable greeting. They have a collection of ready made, blank cards where people can print their important message/ text. Or they would be happy to do just the printing that their clients supply them with. These printers tend to be very small time process, but the quality of their work is very good. If you are printing your own greeting cards, use high paper and good printing quality as the cards will reflect your personal identity. Select affordable card provider for printing greeting cards with good colors.