
Venture Capital is money provided by professionals who invest and manage young rapidly growing companies that have the potential to develop into significant economic contributors. According to SEBI regulations, venture capital fund means a fund established in the form of a company or trust, which …
Why I would open my business during economic crisis. Starting a business during recession presents both a challenge and an opportunity, bearing in mind that recessions are the worst economic times. However, as an entrepreneur with sufficient capital, recession would not stand in my way …
If you want to be successful, study someone who is and find out how they did it. You may not be able to create the next Snapchat but you can build the . And that’s the point.Below you will find 25 people, all under 40, …
For a long time now, the Middle East region’s ties to the fashion industry has been primarily a commercial one- the region’s prominence as a retail hub, owing to its purchasing power, and its population’s flair for elegance and opulence are what came to one’s …
It is hard to think of a time when the economic and job-related conditions in the Middle East and North Africa (MENA) region were static or predictable. The region is highly dynamic to the extent that daily occurrences create new and critical data for those …
Starting with a predominant share of corporate banking business, IDFC Bank received a universal banking licence from the Reserve Bank of India (RBI) in July 2015 and started its operations on October 1, 2015. Being a startup in itself, the Bank expects to grow the …
Three U.S. presidents — Ronald Reagan, George H. W. Bush and George W. Bush — four prime ministers of Great Britain — Margaret Thatcher, John Major, Tony Blair and Gordon Brown — and other leaders including , Steve Case and Tom Brokaw. These are just …
MENA's creative entrepreneurs talk on what it's like to turn a passion project into a business venture, and share their insights for pursuing creative ambitions in the MENA region. Having worked in the fashion industry for more than 17 years, ’s influence in the sector shouldn’t be measured …
Doing business in India was never as easy as it is now. With government coming in action, India has improved drastically in the World Bank’s ‘Ease of Doing Business’ 2016 international ranking by moving up to 130 out of 189 countries in. The Report states …
Many people hold location independence as one of their highest aspirations — the ability to work from anywhere, make money while you’re traveling and do what you love outside of the confines of an office or much conventional structure.Related: In brief, you're your boss, and the world …
It’s 1:30 p.m. You go out, you grab lunch, only to come back to the office, sit at your desk and chow down for 10 to 15 minutes or so. As you gobble down the last bite you realize you have a meeting to run …
The last recession taught smart companies a valuable lesson – while poorly managed companies bunkered down in survival mode, innovative companies seized the opportunity and took the hibernating companies’ market share. Consumers are pushing small and large companies to deliver more affordable, better, and exciting …
Political dysfunction limits many sources of economic promise for the U.S., and this problem far precedes the events of this year’s election cycle. Today, ’s U.S. Competitiveness Project released a report titled, Competitiveness, according to the authors, refers to “the ability of firms operating in …
Consider the entrepreneur, grinding toward his goals, pushing past the pain and battling against his lesser self. It’s a noble picture. But there's more to entrepreneurship than stress and strain.Think of the elite marathon runners who have bathroom emergencies and let it loose in the middle of …
Editor's Note: Entrepreneur Media is an investor and partner with Alley, a co-working space in New York City. When we started Alley in 2012, we called it “the most badass co-working space on the planet."As the years have gone by, the ecosystem has rapidly evolved. We now refer …
has become a legend in sales and entrepreneurship circles as one of the world’s leading sales trainers, a New York Times bestselling author and one of the most influential CEOs on social media. His astounding more than 1.5 million followers across Twitter, Instagram and Facebook …
How did the Johnny Cupcakes brand originate? Johnny worked at a record store when he was around 18. When he worked at the record store he was given a number of different nicknames one being Johnny cupcake. Johnny was also in a rock band and …
At a time when the startup ecosystem is flooded with news regarding funds going dry and markdowns, venture capital firm IDG Ventures India Ltd a programme to find and invest in new consumer-facing Internet startups. We asked Karthik Prabhakar, director and head of fundraising, at …
Today is a very different day as far as communication goes. We live in the age of NOW! Over are the days when one has to wait for a letter from a friend, go to the grocery store before it closes or run to the …
Entrepreneurs have to navigate one of the most challenging career paths in the US. Failure rates are high, with the vast majority of the 27 million entrepreneurs failing to last more than five years. Entrepreneurs need to find inspiration from somewhere. Immigrant entrepreneurs are using …
The terms entrepreneur, manager and owner are very much in meaning yet exhibit different representations of business people who are present at the top management. Entrepreneur is a person who sets up a new organization or enterprise and accounts for accountability on his part of …
Richard Branson’s Virgin Group Although certainly notorious, Richard Branson’s Virgin Group has experienced several problems. In the short-term, brand overextension has become a threat since the company has entered multiple markets. Brand overextension leads to damaging the comprehensive Virgin brand. Since the Virgin brand itself …
With over 18 years of entrepreneurial experience in marketing and strategy, Umang Srivastava has an unusually accurate knack of understanding the needs of the consumer. And this is what led him establish Bonita along with Neeraj Mittal. Bonita is an emerging international player in home …
Sébastien Dupéré thought he’d stumbled on a winning idea with Les Dégommeurs. At first blush, the steam-cleaning business — which Dupéré launched with two friends in 2006 — looked successful. Customers were happy with their service, which removed gum and other gunk from public places such as …
Two Indian startups secured investments worth almost Rs 2 crore in less than 30 minutes. Sounds unbelievable, doesn’t it? Astonishing as it might appear, this is exactly what is happening at “The Vault”, a one-of-its-kind Indian reality show. The Vault, which can well be called …
Marol Pasha Pet Groom Services LLP This is a sole proprietorship form of business that deals with pet-grooming. The services offered in regards to pets ensure the clients’ pets are well kept and live a healthy life as they deserve to. Apart from advising the …
Businessmen transformed economic activities by learning to take advantage of market conditions by alluding efficient networks of transportation and communication and by creating a system of regulating the price of a product based on supply and demand. 4. The institutions that supported early capitalism were …
Proper ways of getting student visa in any country is very difficult but if anyone knows the terms there will be no problem at all. How a student will complete every process in a proper way. Maximum students face some tout people or we can …
Critique Last week I had the opportunity to come see the play with my peers and fellow classmates, “How to Succeed in Business without Really Trying”. The play is about a man following the steps of the book “How to succeed in Business… ” In …
When Ehsan Alipour designed his “SmartIron” for a class project at Stanford, the idea of “smart” products had yet to be popularized. Apple wouldn’t release the first iPhone for another two years and touch technology was just emerging. At first thought, an iron may seem …
Era
Large-scale entrepreneurs emerged in the second half of the 1800s—the Entrepreneurship Era. They built business empires, created enormous wealth, and raised the standard of living for the entire country. Yet success came with a price. Jobs became more specialized—increasing productivity while lowering costs and prices.
Steps
It is useful to break the entrepreneurial process into five phases: idea generation, opportunity evaluation, planning, company formation/launch and growth. These phases are summarized in this table, and the Opportunity Evaluation and Planning steps are expanded in greater detail below.
Strategy
Entrepreneurial strategy is the means through which an organization establishes and re- establishes its fundamental set of relationships with its environment. It is strategy characterized by widespread and more-or-less simultaneous change in the pattern of decisions taken by an organization.
Experience
In essence, entrepreneurship is an experience consisting of large numbers of key events such as a first sale, hiring a first employee, losing a big account – events that are processed and made sense of by the entrepreneur.
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