September 2020 - MIDAS India

Month: September 2020

Entrepreneur

Entrepreneurs’ Junction -Life at MIDAS

People with gumption and bravado thrive on opportunities to progress, explore and push the envelope. These Entrepreneurs who aspire to reach the stars feel completely at home at MIDAS. They have every reason to! At MIDAS, the entrepreneurship spirit is nurtured and tended to. At MIDAS, entrepreneurship is not taught, it is lived in every essence, by every aspect, and in all facets. Holistic development, hands-on approach and going beyond the realms of books are the pillars of entrepreneurial dev...
Entrepreneur

Dressing Up for Success – MIDAS Entrepreneurs

Dressing Up for Success – MIDAS Entrepreneurs MIDAS Entrepreneur Riya Jain’s niche clothing brand Le Reve is all set to become the first urban workwear fashion brand for the contemporary woman. The brand aims at creating premium quality workwear with intricate designs, perfect cuts and petite fits, suitable for every occasion for the working woman.     Riya shares with us her brand’s inspiration, “All our products and designs are a work-of-art, translated into clothing because w...
Entrepreneur

Starting a Business is like Giving Birth to a Child

“Parenting is the easiest thing in the world to have an opinion about, but the hardest thing in the world to do.” Vishal Shah, CEO of MIDAS India, builds on the analogy of starting a business to raising a child. Oh yeah! Tell me about it! Being a parent to a 15-year-old, I am living the above quote. I have had this unique opportunity to be involved in shaping businesses & entrepreneurs in my current role as a Business Coach at MIDAS. After having worked with over 50 start-ups I b...
Entrepreneur

How to Keep Your Age-Old Family Business Afresh with New Ideas

Ever wondered how Mukesh Ambani would have fared if he hadn’t diversified to telecom from the petrochemical family business? One of the major problems why more than 70% family businesses fail is not that they were not equipped with the right resources, be it team, money or power. What they did lack was a string of ideas and the possibilities which follow any idea, that can be transformed into reality. But why is it so difficult for people already in business, to come up with innovative solutions...
Entrepreneur

Killing the Fear of Public Speaking

Communication is two way even if you are addressing an audience standing on the stage. Good public speaking skills are a part of it and below is a narrative from an entrepreneur who went ahead to build her talent of speaking in front of an audience.     The first presentation I gave for in my post-grad program to a diverse cohort of batchmates was something I’ll remember for life. It was not just bad, it was pathetic to the core – I fumbled right at the start, I forgot what was on the...
Entrepreneur

What should a Budding Entrepreneur Expect from an Entrepreneurship Course?

For a growing economy, Entrepreneurs are regarded as national assets. They play a vital role in the country’s economic growth because when they build a business, they contribute to all aspects of the economy. Recognizing their importance has led to a boost in entrepreneurship development efforts by the governments and significant growth in enterprise education. For several years it was believed that entrepreneurs are born, not made. But over the years and many researches later there has been a f...
Entrepreneur

Five things Gen-Next should consider when joining their Family Business

As India continues to be among the fastest-growing economy in the world, the Indian family business owners also remain optimistic for quick and aggressive growth. A recent survey conducted by PWC suggests that 89 percent of family businesses in India expect to grow in the next two years, with 44 percent of them looking at growing aggressively and 45 percent expecting steady growth. With the blooming prospects, joining the family business always looks like a rewarding option for the Gen-Next and...
Entrepreneur

How COVID 19 is Reshaping the Startup Ecosystem

Global disasters like COVID 19 tend to leave a permanent mark on any civilization. The suffering and the loss of life has already affected the political and social economy of the country. Every society is different, how they react to their peculiar vulnerabilities and innovate will define its future in the post COVID era. Some technology-backed businesses in education, agriculture, health, content and essential retail trade are profiting from the sudden demand while sectors like luxury seem to b...
Entrepreneur

Bridging Generations – How the Old and new can work together in a Family Business

Family owned and run businesses are ubiquitous to the Indian business ecosystem, originating from the ancient Bazaar system, they have been significantly contributing to the economic and societal growth. Today India ranks third globally in the number of family businesses, closely following China and the US. These businesses have an enormous potential of creating a brand, provided they are efficiently managed and professionally organized for future growth. This opportunity has given rise to a foc...
Entrepreneur

How to Find Your Passion

Research has proven that when you live your life with passion, you add 8 hours of joy to your life. Following one’s passion is to thrive in an environment, in an ecosystem. Who better than the father of the digital revolution, Steve Jobs would know what passion means. He once said, “When you do a thing with passion, you tend to persevere it through hard times, the rest just call it quits.” Passion is something you give your full force of attention and energy to. Essentially, the question pops up...
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