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Startup World

 
Started by : Anamika Roy , Freelancer, IT Services   11 30 2010 06:11:22 +0000
Industry : Hedge Funds/VCs/Private EquityFunctional Area : Getting Started(Entrepreneurship)
Activity:  18 views;  last activity : 12 01 2010 16:18:52 +0000

TiE Chennai's annual flagship conference TiECON CHENNAI 2010 was successfully held at the Chennai Trade on Wednesday. This year's conclave with the theme "money-Money-MONEY" attracted over 1000 entrepreneurs, investors and business school students reinforcing its status as the state's largest show focused on entrepreneurs.

And today people are saying that it is the best time to be an entrepreneur in India...even rural entrepreneurs are comingĀ  up with their own jugaad which is driving innovation at Rural India. And today youngsters are taking a plunge into entrepreneurship like never before. So why it is the best time to be entrepreneur in India today?? Share your views on this...

 
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1 2 3 4 5
1 Opportunities in every sector and every area of business
2 People are more open to join new ventures...
3 More money for start-ups and budding entrepreneurs
4 Opportunities in every sector and every area of business
5 Growing Economy.

Opportunities in every sector and every area of business

idea posted by Anamika Roy Freelancer, IT Services

Today there is opportunity in every sector and every area of business, and the best part is India is having a great domestic market and one which is sustainable for that matter, entrepreneurs not only from Urban cities but also entrepreneurs are coming from the Rural part of India with their own forms of innovation which is all set to make life simpler for all. Even there is too much of VC money which is being pumped in but there is a shortage of talent. But the main reason is there is opportunities in every sector..

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There's opportunity for disruptive innovation as India has relatively unexplored market for products and services. Earlier what we used to get was licensed produced using foreign tech and services were mediocre. With consumers awakening as they are exposed to global trends, there's opportunity for creating new markets for untapped demand.

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by ckumar , Testing , vays Infotech  | 12 01 2010 13:58:14 +0000

Yes,agreed ,there are lot oppurtunities in any area.Its going to be the high time for anyone whos looking to change their lives.I Think after that recession it has changed lot in everyone life's.Particularly IT people started thinking of securing their future.

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Well ! We as country had kept aside the Great Depression 2008-09, to show the world our resilient strong economic market viz a viz the world big economic country are still in Red,be it USA, Japan, Europe etc. Now the International trade market has more emphasis on economics of scale, where the thinktank is constantly working on cost reduction & employment generation. And for country like India,chaina, Philipence , indonesia etc where the Labour cost are low with quality manpower. So all the VC's are just waiting to tap the right potential with funding with there Idea money in their country & get Tax concession. Yes I totally vouch on the fact that this is the right time to be an entrepreneur & take the market command if you the potential of " the survival of Fittest". thanks

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People are more open to join new ventures...

idea posted by Prad Roy Lead Developer, Avaya India Pvt Ltd
You will always require people when you start afresh...5 years back it was difficult to get people on board if you are very new...the mindset has changed 180 degrees. Folks in campuses wait for startups, dropping the day one events...Our risk taking appetite has increased many folds...
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by Ranvijay Singh, Freelancer, Technology Consulting  | 12 01 2010 13:25:50 +0000

That's true freshers are more open to startups. You need manpower.

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More money for start-ups and budding entrepreneurs

idea posted by Partha Biswal Senior Specialist, Online Marketing, Content and Social Media

There was a time when entrepreneurs from the IIMs had to run from post to pillar for capital to start-off with. Think BrewHaHa in Bangalore, which has now closed down.

Cut to the present. Any idea that has any merit has 16 VCs jumping at it. You still need a great presentation and a business proposition that ensures quick ROI but the money's easily available and investors aren't shying away from youngsters with ideas and specifically, innovative ideas.

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Opportunities in every sector and every area of business

idea posted by Omkar Nandi Business Analyst Merchandise planning TARGET
We are living in a great time with every sector in the transformation stage. Lot of opportunities, need to overcome limitations,easy availability of funds and changing consumer perceptions about acceptability of new/innovative products are all propelling the aspiring minds
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Growing Economy.

idea posted by Shashi Kumar U Manager accounts & commercial, Mazda Concrete Products Pvt Ltd
When an economy grows at fast rate it generates new business avenues and new business opportunities. India is now on fast track of economic growth so it is best time to make use of the new economic order and venture into business areas which are available.
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