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Topic : Gen X Vs Gen Y Entrepreneurs....
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Are youngsters today ready to take the next big leap??

Created by : Anamika Roy , Freelancer, IT Services  | 12 06 2010 06:49:35 +0000
Industry : Hedge Funds/VCs/Private EquityFunctional Area : Getting Started(Entrepreneurship)
Keywords : entrepreneurs youngsters young entrepreneurs gen y entrepreneurs next big leap
Activity:  254 views;  last activity : 02 03 2011 09:42:21 +0000

One of my friend decided to end his successful career in Wipro in 2008 to pursue his dream, his father, a retired professor, was suffering from Parkinson’s disease and he just had a baby girl to take care of. But those were not enough to stop him from taking this decision to pursue something which was haunting him day and night with a group of like-minded people from the India Institute of Technology Kanpur, their alma mater.

Many people told him that he was committing professional suicide as failure rate in the software product space is more than any other.  And this is one such case...but my question is are youngsters really ready to take that next big leap?? where they are foregoing their career at hand & pursuing something where they are not sure whether it will work or not........Plz do share your views on this people....

  
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Youngsters are very agile, alert, understand things in perspective, to-the-point, focussed, watchful of changes across the globe, networks well with the world community. They can take, definitely, a big leap in whatever they do!
By S. Muralidharan, Executive Director, Knowledge Foundation & Campus Around the Corner  | 02 03 2011 09:43:06 +0000
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Indeed ! One has to realise that the whole world is open today and opportunities galore are around the corner. Even blogging like the guy who won the contest to stay in australia becomes a good career option. Todays young are high on both the emotional as well as risk quotient. They are ready to take the plunge without thinking of consequences. An open world where there are no barriers to work and where distances are bridged on a 15 inch screen sitting in the confines of ur office/home has made it all the more exciting to take a plunge
By Jaygopal Raghavan, Marketing Manager, Landmark Group  | 12 29 2010 17:39:15 +0000
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I think its a blend of many known/unknown factors that can drive a person to take a big leap considering that they have sacrificed the high-flying jobs behind them to pursue the unknown...yes, they are ready to take the big leap as long they are persistent enough to keep the flame in them running...
By Saibal Ray, Sr. Process Engineer, KPIT Cummins Infosystems  | 12 18 2010 13:37:46 +0000
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They are ready to accept the challenges.
By SHRIKANT MANOHAR DANKE, Project Manager, Phadnis Infrastructur Ltd  | 12 18 2010 13:19:33 +0000
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Yea, you can see the current INDIA cricket team
By M.B.MALANI , MBA/PGDM student, R.R.INSTITUTE OF MANAGEMENT BANGALORE  | 12 11 2010 08:58:54 +0000
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s why not,todays younger generation is working more effeciently than older gen and they are ready take any kind of leap into their hands
By K.Venugopal , HR Executive, POWER MECH PROJECTS LTD  | 12 11 2010 08:44:07 +0000
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gr8 subject of discussion...I have been offline for sometime in various debates........Thanx to all who have kept me updated even on subjects that are mundane and often been talked upon. This is an interesting subject and requires serious deliberations????? I wld say that youngesters r beaming with gr8 innovative ideas and do not judge the book by its cover If only r banking and financial systems were in order and historically we were not a race of cheats and deceits....we wld definetely have had more bill gates and howard hughes as private funds and capital venturists wld have been more forthcoming. Risk and failure is very related to the financial enviro u live in and we live in a very scam scornfulIndia where the political system allows the very few and powerful to flout and get away with all financial irregularities anf ventures on paper. Hence banks,PE players ,venture capitalists shy away in listening and promoting/backing new innovative ideas and people behind it. Unfortunate......my advise is ...don't lose heart and go for the kill.......I didn;t do many things for fear of failure although I cucked a fully secured job in ITC in 1984 when ccorporate world was just evolving to pursue my dream and passion but while I did succeed.its not what I really intended and the reason of a lots of things that didin't go my way is financial crunch and 10 years down the lane prople with the same idea came supported by large industrial houses. Marriage,children,support system..... If you want to pursue ur dream and make it happen........10 years is the true test of entreprenuership and do not get bogged down with marriage(both for male and females) Yes!!!....it is the right time and youngsters are taking the plunge and there should be many more with the opening of the financial sectors and easy availability of capital. GO ...............CHANGE THE DESTINY OF THIS COUNTRY AND YOURSELF ......REWRITE NEW RULES..........DO A PARADIGM...... Sanjay singhal
By sanjaysinghal , propreitor, charmsincorporate  | 12 08 2010 05:02:40 +0000
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u r right
By vikash kumar, CEO/MD/Director, gsv services  | 12 07 2010 13:53:48 +0000
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Of course yes!!!Me and many of my friends are example for this.'We' from animation Industry is trying our best to come up with small groups of same minded people pursuing our dreams.Me and my friend quit our job and refuses 2 other offers to pursue our dream,'the community for Indian artist'.One of my friend followed his dream without any salary for six months, in belief of his dream 'a graphic novel'
By Adarsh V Peter, Head/Creative Visualisers, Vyga Animation System Pvt Ltd  | 12 07 2010 05:16:58 +0000
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I feel yes if you are inovative there is always scope for growth,There will always be a fear of failure in every mind but who overcome this will surely succeed
By anish kumar, O&M Hub Lead (KL & TN Circle), TVS interconnect systems  | 12 06 2010 10:52:22 +0000
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My friend here is just one example of the new-generation technology entrepreneurs who are quietly trying to build the software product ecosystem which is expected to be the future of the Indian IT industry. Most of them are brimming with innovative ideas and they are not averse to taking any risk in the process. The high failure rate in the software product space (industry also calls it infant mortality) is no more a deterrent to the growing risk-taking appetite of these entrepreneurs.
By Anamika Roy , Freelancer, IT Services  | 12 06 2010 06:49:35 +0000
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I don't think its youngsters alone. But yes , I do think material achievement has taken precedence over knowledge and Ethics.
By Joe Antony, Retail Sales and Marketing, JSW Steel Limited  | 12 08 2010 06:18:43 +0000
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No, actually it depends. If the person is free from all the responsibilities then he can easily take up any risk but, as he is stuck with the family responsibilities, it then becomes very difficulty for him or her to take any risk to take big leap thereafter.
By Chandra shekhar, Technical Writer/Quality Assurance, CMMI 3 Software Company, Hyderabad  | 12 08 2010 05:46:37 +0000
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