Skip to main content

Entrepreneur needs lot of guts- encouraging our young generation for opening jobs rather than filling jobs:


     
     I wrote this article as soon as I ended my trip using two-wheeler self-service bike ‘Bounce’ at Bangalore. It was unbelievable, for 7 km I was charged 25 Rs. (Not even half of the USA $), imagine the affordable cost in a city like Bangalore. The bike was brand new, it had ridden around just 1100 km. Who are these people who started this convenient service, are they ‘entrepreneurs’, yes they are. You can think of Ola, OYO, Paytm and many more startup examples.

Image source: https://casanuratti.com/2018/11


I always think why so many graduates get into job lines instead of opening assembly lines (I.e. Factory). The students focus their imagination and creativity only for getting a job. The entrepreneurship is a position where you really create some valuable service or product to the people and the jobs and economy to the country.

Few examples of entrepreneurs, mix of old to young folks:

a. OLA Cabs- Bhavish Aggarwal

b. Bounce bikes- Vivekananda, Varun Agni and Anil G

c. OYO Rooms- Ritesh Agarwal - Age 24

d. Rockstah Media- Farrhad Acidwalla - Age 23

e. Neuro-Insight- Pranav Yadav - Age 28

f. Prestige construction company- Irfan Razack

If you look at maximum entrepreneurs most of them come from humble backgrounds, but with great ideas, passion and conviction.

Below are the few phrases by which you can understand the entrepreneur and entrepreneurship:

-      “A person who sets up a business or businesses, taking on financial risks in the hope of profit”.

-      "Many entrepreneurs see potential in this market".

-      “Entrepreneurship is the process of designing, launching and running a new business, which is often initially a small business. The people who create these businesses are called entrepreneurs”.

-       “Someone who starts their own business, especially when this involves seeing a new opportunity”.

To summarize,

1.   1.  Entrepreneurs take the risk.
2.    They target profits.
3.     They start small and think bigger future.
4.     They design and implement the product/service.
5.     They forecast potential in the market.
6.     Strike while the iron is hot.

The challenges of entrepreneurship in India which I see:

1.     It's deep-rooted in some cultures that ‘padhoge toh Naukri karoge, nahi padoge toh business karoge’ (If you study you will do a job, otherwise you will start a business). In an actual sense it’s vice versa when you compare a job, to start a big business you need more knowledge, courage, energy, and patience.

2.     The schools and universities focus more on preparing for jobs rather than business development.

3.     Commerce stream of a college education does have subjects on entrepreneurship, but it lacks practical pedagogy (coaching).

4.     People feel jobs to be secure than Business.

5.     The entrepreneur needs a leadership skill (at least basic WHO advised life skills), which is not part of our regular education.

6.     People are not aware of the support services available for entrepreneurs.
Refer for start-up support details:

1.     Indian government support:
a.       https://inc42.com/startup-101/startup-scheme-indian-government-startups/
b.      https://www.startupindia.gov.in/

2.     Social incubation
https://www.thebetterindia.com/51427/11-social-incubators-helping-indian-social-entrepreneurs-transform-lives/

It was joyful to see the offering of Bounce, you can check the unique features/strategy behind Bounce success.

https://jungleworks.com/3-strategies-helping-bounce-the-on-demand-bike-app-pacing-up-its-growth/

Original stories for budding entrepreneurs:

Leveraging current family business to expand further.

Story 1: How Anil Agarwal took his family business from scrap dealing to the global mining business. (Vedanta Resources Limited- In 2017 revenue of $ 11,550.1 million)
Anil Agarwal was born and brought up in Patna, India. His father Dwarka Prasad Agarwal had a small aluminum conductor business. He studied at Miller High School, Patna. He decided to join his father's business, making aluminum conductors, instead of going to university. At 19, he left Patna for Mumbai to explore career opportunities.
In the mid-1970s, he began trading in scrap metal, collecting it from cable companies in other states and selling it in Mumbai. In 1976, Anil Agarwal acquired Shamsher Sterling Corporation, a manufacturer of enameled copper, among other products. After a while, he decided to control his input costs by manufacturing the metals instead of buying them. Then the story is here, scrap dealer to the miner.
Story 2: Revamp story of hot selling Bullet- Royal Enfield: Siddhartha Lal, a third generation member of the Delhi-based Lal family, promoters of the Eicher group of companies. How he turned 'about to close' brand into a success story.

Share with the young and budding folks.

About the Author:

Maaz Mohammed A.Q, based out of Kolar, Karnataka, India.

Founder and Learning strategist @ Credence Learning Foundation,
Research team member @ Hauna Preschool systems.

Labels:

Popular posts from this blog

What If Mom Took a Day Off?

 - *What If Mom Took a Day Off?* One day, the Principal suddenly called a mother to the school and said, “Your son has written an essay on the topic, ‘What if my mother took a day off for one day?’ When we read it, the entire staff room fell silent. At first, everyone laughed… and then, everyone cried.” The mother nervously sat down on the chair. She thought perhaps her son had done something serious. The Principal smiled, handed the notebook to her, and said, “Don’t read this after you go home… read it here.” On the first page, it was written: “What If My Mom Took a Day Off…?” “Earlier, I used to think that my mother was the most short-tempered woman in the world. She wakes me up at 5 in the morning and makes me study. If I don’t finish my lunch, she scolds me. If I spend too much time on my mobile phone, she takes it away. Even on holidays, she tells me, ‘Clean your room.’ Oh God! I used to think it would be nice if my mother went somewhere for a day. Then, last Monday, Mom fell ...
Read more

The Heart of Learning: Why Humour, Humility, and Honesty Matter 📖:

 - The "Three H's" —Humour, Humble, and Honest—are foundational traits for building strong character, healthy relationships, and positive learning environments. Introduction 🌱 In a world that often measures success by individual achievements and high performance, true strength comes from within. The core qualities of Humour, Humility, and Honesty form the backbone of emotional intelligence and social balance. When practiced together, they build resilience, open doors to learning, and create deep trust in human relationships. Whether in a classroom or at home, nurturing these three values helps shape grounded, confident, and compassionate individuals. 1. Humour 😃 Meaning: The ability to see the fun side of life, laugh at mistakes, and bring joy to others without being mean. Why it's important: It lowers stress, breaks the ice, and helps people feel relaxed around you. Daily life practice: Smile more, share lighthearted jokes, and learn to laugh at your own si...
Read more

Why Small Fights Turn into Big Wars: It’s Not What Happened, It’s How We Handle It:

 - "Raise your words, not your voice. It is rain that grows flowers, not thunder." — Rumi Imagine a small spark hitting a dry grass field. The spark itself is tiny. It can easily be put out with a single drop of water. But if someone blows air on it or throws oil on it, that small spark turns into a massive fire. In life, everyday arguments work the exact same way. Most long-standing fights between friends, family members, or coworkers do not drag on because of the original problem (the spark). They drag on because of how people view the problem, how they talk about it, and how they react (the wind and the oil). The Spark vs. The Fire To understand why simple misunderstandings turn into long battles, we need to separate the Trigger from the Handling.  * The Trigger (The Spark) : A forgotten task, a delayed reply, a slight disagreement, or a small mistake.  * The Handling (The Fire) : Thinking the other person did it on purpose, raising your voice, bringing up old mistakes...
Read more

Why We Need to Stop Running From Our Problems:

 - Psychological and Emotional Freedom: The Transformative Power of Acceptance After studying counseling and psychology for years, I learned one hard truth: we cannot fix or heal what we refuse to face. We spend so much energy trying to escape reality, but real peace only begins when we stop running. As the old saying goes, "Smooth seas do not make skillful sailors." True strength isn't built by avoiding life's problems, but by learning to stay calm as we deal with them. True inner freedom rarely comes from controlling external circumstances; it comes from changing how we relate to reality as it unfolds. Much of human suffering stems not from difficult events themselves, but from our internal fight against them. By shifting from resistance to radical acceptance, we unlock a level of psychological clarity and emotional resilience that allows us to move through life with purpose and peace. 1. Ending Internal Warfare: Reclaiming Energy for Action When we resist reality—r...
Read more

The Secret to Your Calm: It Started in Childhood:

 - # The Architecture of Resilience: How Paternal Protection Shapes Adult Stress Response If you’ve ever wondered why some people seem naturally "unbothered" by the chaos of life, the answer often lies in the invisible foundations of their childhood. We often think of protection as a way to shield children from the world, but when a father provides a consistent sense of safety, he is actually building a "safety nest" that lasts a lifetime. This article explores how a strong paternal presence in the early years creates a psychological buffer, allowing the adult mind to navigate worldly stress with a unique sense of calm and resilience. The perception of "carelessness" toward worldly stress in adulthood is often a surface-level manifestation of a sophisticated psychological defense system established in early childhood. Research suggests that a strong, protective paternal presence serves as a primary architect for an individual’s emotional regulation and phy...
Read more

Effective team management is neither about passive detachment nor rigid control. It is an active, supportive practice of process design and human care:

- The Anchor of Execution:  Balancing Process and the Human Face in Workflow Management In any organization, a strategic plan is only as good as its execution. While leadership sets the vision, it is the team manager who serves as the anchor of day-to-day operations.  Historically, management frameworks treated this role as purely mechanical—a numbers game of tracking timelines and treating human beings as mere "resources" to be scheduled. However, modern operational research has brought a critical truth to light: you cannot successfully manage the process if you neglect the people. Exceptional workflow management requires balancing the technical mechanics of a project with the neuro-emotional safety of the team executing it. When a manager fails to oversee the flow of work, deadlines slip and quality degrades. But when a manager relies solely on rigid micromanagement, burn-out spikes and team members hide critical mistakes.  True oper...
Read more

Learn B-school/Business lessons from street vendors:

- Captain Raghu Raman teaches an interesting business lessons from Street vendors. And in the last section he speaks about the after retirement life of young armed forces. Click to watch: About Captain Raghu Raman: Note:  The above video is linked directly from youtube. About 'Raghu Raman' detail is received from youtube description.
Read more

Skills you need (Assessments and guides)

Do you want to know your potentials? Do you want to know your interpersonal skills, problem solving skills, numeracy skills? Do you want to understand your emotions? Click on the below link to take the assessment. http:// www.skillsyouneed.com Reference : This website belongs to Skills You Need Ltd, registered in England and Wales with company number 9654663. Registered office address: Ty Pedr, North Road, Lampeter, SA48 7JA. UK. We 'life skills blog' have provided this website link for our blog readers to facilitate them to utilize skills you need resources. We 'life skills blog' do not own any content of www.skillsyouneed.com. We pray to Almighty that the team of skillsyouneed excel.
Read more

Know your leader within.

     Today many of the organisations and educational institutions are giving importance to the team work. To work in a team its always a key point to know about our own strengths and weaknesses, and also to understand our team members equally. Check the below link for a Forbes leadership article. http://forbesindia.com/article/insead/take-a-look-at-yourself-in-the-leaderhip-mirror/38999/1
Read more

The Ripple Effect of Positive Communication and Good Behavior 🗣️:

 - In today's fast-paced world, the rise of aggressive behavior in schools, families, organizations, and corporations is a growing concern. This trend poses a significant threat to our collective well-being and productivity. It's time for us to recognize that good behavior and positive communication aren't just polite gestures; they are essential for creating thriving communities and a better society. The Foundation of Strong Organizations 💪 For any organization, a healthy internal environment is crucial for success. Aggressive behavior, whether it's verbal insults, passive-aggressiveness, or bullying, erodes trust, stifles creativity, and leads to high turnover rates. It creates a toxic atmosphere where people are afraid to speak up or share ideas. Conversely, an organization that prioritizes good behavior and positive communication benefits immensely. When we feel respected and valued as a team, we are more likely to be engaged and motivated. This leads to:  * Improv...
Read more