Friday, September 7, 2007

Being one’s own boss.

Being one’s own boss is exciting and adventurous. Here is the story of an interesting guy who got his MBA from Symbiosis and walked out confidently to make a business out of Puja kits. He called his enterprise Sacred Moments.
His idea was not accepted initially and criticized by many.

But, did he make something out of this. At the age of 27 years when many of his peer group members were engaged in well secured jobs, was this a good idea for him to start this.

Ofcourse!! His enterprise had a turnover of Rs.30lakhs. No wonder to be one’s own boss is exciting with such kind of a turnover. Now, Prakash Mundhra has no looking back. He also included making gift boxes consisting of 32 different items.

This journey will be more adventurous as it goes.

Thursday, September 6, 2007

Who says what?

Executive Director of Wadhwani Foundation Laura A.Parkin says: "Youngsters' expectations for their own futures are broader today.They have grown up with much wider exposure, through cableTV,the Internet and travel."

Did you know?

Bangalore based Wadhwani Foundation promotes entrepreneurship in emerging economies.

Entrepreneur at 20.

Rajiv Dhingra another early entrepreneur who started a recruitment firm and a website called jobs4freshers.com at the age of 20 in 2005. He started this when he realized that there was a market by providing career solutions to freshers. Within months the company had 36,000 registered freshers and 1,000 employers, and he managed to raise about Rs 1.5 lakh within a year. This is not the end of the story.

He started a blog called WATconsult.com in 2006. It helps companies engage with their audience using Web 2.0 tools such as blogs, podcasts and wikis. Just after seven months, it has earned Rs 5Olakh.

Tuesday, September 4, 2007

What do investors say about entrepreneurs?

"Earlier,people didn't have role models to emulate,
but now, if you just look at IT, there
are thousands who have made it big," says
Saurabh Srivastava, chairman, Indian
Venture Capital Association.

Monday, September 3, 2007

Kerala business festival

A seven-day ‘Kerala business festival’, being arranged by Indian World Wide Chamber of Commerce in Chennai from September 23, will focus on entrepreneurs from within the country.
The exhibition to be arranged as part of the festival will have about 300 stalls to enable manufacturers, builders and traders from different sectors in the State to showcase their products, according to K.S. Nathan, coordinator of the programme and State General secretary of the WMC.

How would VCs welcome first time entrepreneurs?

Different VCs look at this issue in different ways.
Some of them see entrepreneurs today as people backed with substantial experience and hence would venture in looking at their business plans.
Few others have their business running with 60% of the entreprenuers who approach them to be first timers.
Other VCs do not stop or would want to avoid any idea.
Who knows where the money is hidden.
Hence good news for all the budding entrepreneurs.
All the best!!!!!!!!!

Small ideas lead to big incomes - Choco lady


The 25 year old chocolate lady, Rashmi who started selling chocolates as diwali gifts turned to be a great hit. She started it with an investment less than a lakh which was funded by her father.
This concept gained a great acclaim and has been welcomed by many corporates.
The Rage chocolate is handled by her with the help of a small team of 8 assistants for packaging and 2 chefs.

Great going young lady......... To know more follow the link above.

Sunday, September 2, 2007

Guruji.com - Indian search engine




IITans pave way to an Indian search engine that is completely indigenous. It has been built to serve to the Hindustan minds (with more relevance). The search clicks published on this search engine may solve the problem faced by most people who bump into unessecary links with less relvance rate. Anurag and Gaurav have understood the tastes of India but, the challenge is how far will they keep up with the other engines raging with new innovations and expansions........

These guys were funded by Sequioa Capital for this innovation.

Kingdom of the wise

In a city,it was customary to dethrone the King after one year, put him on a boat, leave him alone in a jungle on the other side of the river and appoint a new king. This was going on for many years. According to the custom, one man was made the king of that city. He was an intelligent man. As soon as he sat on the throne he asked his ministers, "How long will this be?" They said, "For one year." "What will happen after that?" was his next question. He was told, "After the completion of one year you will have no right to rule kingdom, or over the wealth thereof. You will be put in the dense forest on the other side of the river. The boatmen will leave you there and return. This is the time-honoured practice here."
This man thought, "One year is a long time. Anything can happen within this period." He took the responsibility of ruling that place and started work with all sincerity and care.
He ruled with all fairness, but never forgot about the one year period. He never bothered about his personal comforts. He banned all entertainment in the kingdom and gave orders that the forest beyond the river should be converted into a colony. It should be converted into a city! Enough material and men capable of working may be sent there! All arrangements should be completed within a year.
The forest became a beautiful colony within a year. All things were available there. After a year was over, he was dethroned as per the custom. He didn't care; he was laughing. When he was being rowed in the boat, the boatman saw him laughing and asked him, "Every year, when we rowed the kings towards this forest, they used to cry. How is it that you are laughing?' He replied, "My dear brothers! All of them were drowned in pleasures when they were in the kingly state. They never thought about their future. That is why they cried.
But I was always alert. I was always thinking that after a year, I would have to leave this kingdom and all its wealth. So I stopped all useless things, abandoned all personal entertainment and was working for steadying my position after the year is over. Now I have no worry because I have made proper use of the one year's rule I had. That is why I am laughing." May we also be able to laugh like this! May we take care of our children in a detached way! May our attention be on our goal and let us not deter from it.

Techies leaped into food industry

Here is an interesting story about two techies VinamraPandiya and Ashwini Rathod who tried their luck in the food industry.
The modern Dabbawallas as they could be called. They have started an enterprise which caters to providing food to the employees who are frustrated by the monotonous canteen food. Their USP is that they provide no frills food and no repeats for 30days. This does not end there. It is India's first customised calorie count meal service only at Rs.150.
All this started at Pune with an initial investment of Rs. 1 lakh each. This investment was put into 7 motorbikes for delivering the food efficiently in the Pune traffic. These young entrepreneurs aim to make a Rs.65 lakh sales out this enterprise.

And all this is cooking at Mom's Kitchen...............

Entrepreneurship

Entrepreneurship is something that every individual experiences in different ways in their daily activity.
It could be in the kitchen, at school or work.
This blog captures a few inspiring stories about entrepreneurs who have carved a niche in their own markets.

Explore India

google maps gazetteer