Why everybody wants to be an Entrepreneur?

(But only few make it.)

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Battles in the Mind

• Will I be able to make lots of money• What if I fail• Do I have it in me to succeed• Will family and friends be with me• How will I get the funds

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Shortcomings of a would be entrepreneur

• No business skills• Shy of risks• Not financially stable• No management experience

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Planning for entrepreneurship

• Identify business opportunities• Scan competition• Put down your key services/ products• Meet peers, businessmen to ideate• Put together a project plan• Find out funding avenues• Plan your finances

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Factors in Favour of Entrepreneurs

• Keen venture capital funders• Large pool of angel investors• Availability of low-cost funds• Institutes to teach entrepreneurship• Growing concept of sabbaticals• Market's readiness to accept

entrepreneurs

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Keys to Success

• Developing a value added service that market needs

• Knowing your customer• Executing your plans• Innovating• Quickly adapting to changing business

environments

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Do you have it in you

• Listen to your heart• Take the step daringly• Stay on course• Face challenges

Good Luck

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