When it comes to funding your start up idea, a well honed business plan may get you in the door, but for most venture capitalists it's the person behind the plan that makes or breaks the pitch.
CNNMoney.com asked several venture capitalists to reveal what they look for in entrepreneurs before they will even consider investing in their start up. And for the most part, they were all in complete agreement.
Wednesday, September 26, 2007
Tuesday, September 11, 2007
Old people give no chance to lose.
Many of the rural Indians were and are unable to get educated in a formal way.
Their childhood runs through many meloncholic stories.
Here is one such man who was unable to finish his schooling.
This was because he walked out of the examination hall in 1967 due to lack of confidence.
He pooled all his confidence and entered the arena of examination again at the age of 69 and finished his higher secondary exams.
Age is no bar for knowledge.
Ramanimohan Pal who achieved this is a senior citizen based out of Agartala.
Their childhood runs through many meloncholic stories.
Here is one such man who was unable to finish his schooling.
This was because he walked out of the examination hall in 1967 due to lack of confidence.
He pooled all his confidence and entered the arena of examination again at the age of 69 and finished his higher secondary exams.
Age is no bar for knowledge.
Ramanimohan Pal who achieved this is a senior citizen based out of Agartala.
Child wonder
This story is an appropriate example to say the entrepreneurship is in the mind of a person right from their inception.
Sushma Verma is the youngest ever school leaver in Indian history.
She has passed the 10th standard board exam at an age of 7 years and 7 months with 59 %.
Both her parents are uneducated.
If you ask her from where did she derive the inspiration to do it.
She says, " None but my brother who passed his 10th board exams at the age of 12."
Her proud parents want her to grow further is the field she wishes to. This proves that every individual has the potential to be a winner, it upto the person when he or she realises it and want to tap and use it in the most appropriate way.
Sushma Verma is the youngest ever school leaver in Indian history.
She has passed the 10th standard board exam at an age of 7 years and 7 months with 59 %.
Both her parents are uneducated.
If you ask her from where did she derive the inspiration to do it.
She says, " None but my brother who passed his 10th board exams at the age of 12."
Her proud parents want her to grow further is the field she wishes to. This proves that every individual has the potential to be a winner, it upto the person when he or she realises it and want to tap and use it in the most appropriate way.
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.
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."
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