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| Topic : Youth Entrepreneurship & Their Inhibitors |
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Posted in Community :
Startup World
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Activity:
41 views;
last activity : 10 30 2011 10:54:05 +0000
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COURAGE TO BEGIN
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The Social stigma
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lack of integrated infrastructural facilities
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COURAGE TO BEGIN
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financing
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social stigma
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Market Variations
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Encouragment & Support from Family and Friends
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INAPPROPRIATE SKILLS
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funding
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fund
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Idea with conviction
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Courage to begin is more important than the willingness to achieve.For fear of failure many hesitate to start a new venture though every one wants to succeed and achieve.
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SHRIKANT MANOHAR DANKE, Project Manager, Phadnis Infrastructur Ltd
| 03 02 2011 12:24:03 +0000
Well beginning is half done which really need courage for a start.
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Nilesh Pawar, Legal & Secretarial, Valencia Professional & Management Services LLP
| 03 02 2011 09:23:04 +0000
One need a courage to start a business
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suhaschandra deshpande, Marketing Associate
| 12 20 2010 18:48:47 +0000
Yes, I agree, the good beginning with due care is half done... We Indians always need somebody to crank us...
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The Indian technology industry got its start running call centers and doing low-level IT work for western firms. Then, in the 2000s, it started taking on higher-level IT tasks, offering management consulting services, and performing sophisticated R&D. Now there is another transition happening, one far more significant: a transition to development of innovative technology products. A Instead of providing IT services as the big outsourcing companies do, a new breed of startups is developing high-value products based on intellectual property. |
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Rathin Deb, Freelance Retail Consultant
| 11 16 2010 04:28:24 +0000
Yes Veena I am in total agreement with your view point. In my opinion the scene is changing for the better.
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In India no doubt training facilities have grown by leaps and bound but there is no cohesive integration developed to groom young people to become entrepreneur. Of late some efforts are afoot in this direction but it is just a knee-jerk effort as there is need for paradigm change and develop a holistic strategy to groom youngsters to become entrepreneurs.
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Veena Gupta, Analyst, Blackstone Group
| 11 16 2010 08:43:43 +0000
Infrastructure is very poor in India & in many areas it is practically inhibiting the growth of youth entrepreneurs.
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Creativity comes from trust.
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there are many young entrepreneurs but a serious funding agency who will listen, evaluate and fund these ideas is missing
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youth entrepreneur can create idea but difficulty arises in implementing that idea so if certain agency or policy came that tries to implement, so that isthe best option...
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The markets or targeted segments of customers anticipated before starting up the new business are likely to react differently after the startup. Many such failure stories demoralize the new entrepreneurs...
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Veena Gupta, Analyst, Blackstone Group
| 11 16 2010 08:43:40 +0000
Ya market variations can also play an important role & inhibit the process youth entrepreneurs.
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Lack of encouragment and support from the family also is one of the inhibitors. Most of the young entreprenuers have ideas and interest towards business, but they also require a support from the family or friends side, which would actually bolster their confidence level.
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TEH BELIEF IN SO CALLED WORD " EXPERIENCE" IN PROFESSIONAL WORLD.
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Funding is the major inhibitor for innovation. No one would like to fund for R&D projects. Every funder looks for time-tested projects and therefore the drive in youth entrepreneur stops there! Youth entrepreneurs should look for Unique projects to carve a niche, otherwise, they will have to face a stiff competition from the able businessmen.
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fund is a big problem to start up
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Every one ideates. Not all ideas become reality. If one is persistent with inner conviction, no matter what comes mid-way, the idea will succeed!
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