Education and Career Forum

respected sir,
I am having a great desire to be an entrepreneur and i feel i have the related qualities and i am in a chaos of what field to choose and do market need.I wanted some ideas and knowledge of how to start a new company and good fields to start with a company.

Thanking you,
Chandra Shekhar S

Well friend,

I dont know the qualification of you. In MBA level, there are some subjects regarding MBA. MBA is the course which will make help you to start a business. And simply by taking your own decisions and starting of a new business in the sense, there is no use for that.

You should be aware of what is going on in the corporate world. You need to identify the developing industries, among them choose one market segment and grab full information about that particular segment and then try to start business.

All the best.

Mr Chandra sekhar, I really appreciate you for that decision but you have not mentioned what is qualification and other details like financial back ground etc., in out of your interest, I can can suggest you that you just visit your nearest SISI or MSME or DICs which are really promoting entrepreneurship in different areas of our country even rural and subarbans. there you will find good projects and even you may have a chance to get a little exposure of industries establishment and some kind of source of financial assistance details which are really helpful to establish your dream project.

hi,
to become an entrepreneur is an thing which comes naturally to people,there is no book or college which can make an entrepreneur ,they can just guide them,
there are many options in the market today,it all depends on the budget that you have,
i would say which ever field you choose have an experienced and competent person who can be trusted along with you,
also do not invest in your money in fields which offedr short term profit but are high risk business,
always go for safety first
all the best

hi!

It is good to know that you wanted to become an entrepreneur & you possess the desired qualities. But without proper knowledge & experience you can not become a successful entrepreneur.

My suggestion for you is that first acquire the basic knowledge & skills of becoming an entrepreneur. For this you can do MBA in entrepreneur management or other courses in entrepreneurship from a reputed institute.

After doing the course, if required, you should also do job in your interested area with some of the best companies in that field. This will give you an insight into the working of the corporate world.

Then you can start your own enterprise.

Its great that you have chosen to become an Entrepreneur.

Yeah some people in todays world say that entrepreneurship is a very risky thing to go for. But someone said it rightly that "Risk is what which leads a person to success"

Here are some of the tips on How to become one

You must decide beforehand that you will do this and you will be successful in it. There should be a quality within you of never giving up and taking few challenges

Next step is to select your field of interest. You must select the field which really interests you and must not think of making money beforehand. Those who choose the popular areas with high money are likely to fail because they will not be able to treat the interest in the same way.

Consistency is one of the important aspects of ones success. Try to be consistent with your work and try to get more and more ideas as in the world of entrepreneurship the person with out of the box idea becomes successful

Make a rough goal figure on a piece of paper. Write down what you exactly want to do.

So wishing you all the best...I will say go for it

Well you have taken a good decision if you have good skills in the business stream then definitely you can go for it but i hope having a MBA degree in entrepreneur will fetch you further.

I mean to say that you can develop your extra skills after having an MBA in hand.If you have enough money in your hand for now then you can start up your own enterprise else i hope you work for some company for a while and gain further knowledge an then start up your enterprise.

all the best

hii

to become an Entrepreneur


Suggestion for you is that first acquire the basic knowledge & skills of becoming an entrepreneur. For this you can do MBA in entrepreneur management or other courses in entrepreneurship from a reputed institute.

After doing the course, if required, you should also do job in your interested area with some of the best companies in that field.

good luck.

Hello,
I will really appreciate you,that you have the burning desire of becoming an Entrepreneur.
But there are several things that is really essential to achieve that.

Besides having a good qualifications,you need to have PASSION,THIRST,INNOVATION,INTELLIGENCE and the most imporatnt thing is RISK-TAKING,etc.These and some other variables will help you in making up a successful entrepreneur.
Most of these qualities are sometimes in the GENES of an individuals.

Before starting a business,a proper research and market analysis is necessary.
A business plan is essential to start any type of business.

If you work in an industry of your interest,it will help you alot as you be have some idea.
Start talking about your business idea.If it is taken into interest,then you can start towards your goal.


Remember, being an entrepreneur is a state of mind before it becomes a business or income stream.


Work hard with discipline and motivation.You will surely have good results.

Good Luck.

Hello
Dreaming to be an Entereneur?Doing some professinonal couses like MBA is one thing.I guess you shall have an idea of that.Major issue is,getting work experinence for some time in a big firm is very important to be an entepreneur.Since being an entepreneur is very big responsibility and you cannot justice with it fully unless you are mature enough mentally and spiritually.
All the very best.

it is a very good idea to become an Entrepreneur. but it is not so much easy. but you have to take risk.

there is no one way by which you can become Entrepreneur. to become an Entrepreneur you must be aware of the market and have to increase your present intelligence. you need some experience to work with a good Entrepreneur.

to start a new business and make it popular is also a difficult job. but if you have interest. then you may do it. but to start business you should have a good work experience on that field. so join in a good company and try to follow the system of the business and other. then with your capital start the business.

best wishes.

Originally Posted by chandrasontha

respected sir,
I am having a great desire to be an entrepreneur and i feel i have the related qualities and i am in a chaos of what field to choose and do market need.I wanted some ideas and knowledge of how to start a new company and good fields to start with a company.

Thanking you,
Chandra Shekhar S

An entrepreneur is a person who has possession of a new enterprise, venture or idea and assumes significant accountability for the inherent risks and the outcome.

starting any company you need following goods.
1.some friends
2.finance
3.better ideas.
4.professionalism

it is having very heavy risk..of making you own company.

good to see such kind of people i really like them.

for more info.
read this article below.
here in link
http://en.wikipedia.org/wiki/Entrepreneur

HELLO,
it's nice that you have real urge to be a enterpreneur.you can start with your own or you can start with some partners.just take all clerification related the field,electricity,water supply etc.to keep your work continue.
BEST OF LUCK.

hi,
i have completed MBA recently. after doing MBA i want to become an entrepreneur. i can invest up-to one corer. please suggest me with the burning ideas so that i can choose a better product and will become a successful entrepreneur.

thanks a lot
muidasir yousuf kashmir

Becoming an entrepreneur is an easy task but the difficult task is

to become a successful entrepreneur.For that you need to study a lot about

business and economics and finance, How to run a company

which fields are new and hot , how to take investment decisions

which business to choose among the ideas you have got ,

read about how people who are first generation entrepreneurs have made it successful

what have been their secrets.

How to develop good relation with people and employees ... etc etc.

Once you have your idea Next you will need to materialize them.

dont sit for too long. You will need resources , you may have to work for several years to
generate your seed capital, prefer to work in the field in which you finally want to get

into this will help you gain deep insight,

And Never give up this is a risky path full of failures .. success come in the end and it will make up for your hard work .

sir my self shrinivas naik want to become an entrepreneur in mechanical field,now i am in final year BE mechanical please give suggestions to reach my goal.

7 Steps to Becoming an Entrepreneur[/B][/I]
Step 1 Find the right business for you. ...
Step 2 Determine if you should get an education. ...
Step 3 Plan your business. ...
Step 4 Find your target group/audience. ...
Step 5 Network. ...
Step 6 Sell your idea. ...
Step 7 Market.