July 2022 - MIDAS India

Month: July 2022

Business

Transcend: Is Passion enough to make your business successful?

We all have a heart’s desire and passion for fulfilling a dream. Some of us chase it by working hard day and night and go back to sleep with eyes filled with a glimmer of hope. While others just want to keep their lid shut and continue dreaming because they do not have what it takes to fulfill that passion. Everyone is passionate about something.An aspiring musician is passionate about composing his music, a writer is passiona...
Business

An alternative to MBA in family business management

MBA is the flagship degree program for most young professionals in India who want to take a big plunge towards better salary compensation by converting into a Blue collar position. It has been a consistent practice because every professional hopes to earn a handsome package through placements. However, for millennials who have a family business to manage, there are better alternatives available in the present day....
Business

Family Business Succession Planning: 2022 Guide

Family Businesses are often an emotional entity that has been nurtured over the years by passing down the empire from one generation to another. Things stand different when family members run a business empire instead of people from outside. As the family business leader contemplates the future of business, the time arises to lay down a family business succession planning.Like any other business during the pandemic, the family...
Entrepreneur

Critical thinking for Entrepreneurs: Its importance, and how to develop it?

The Indian economy has recently seen an escalation in the number of aspiring entrepreneurs coming up with a breakthrough idea or product to change the world. At present, emerging small businesses and entrepreneurs are the reason countries globally are capable of keeping their GDP afloat. Employment opportunities are created, and new ideas as products and services emerge, making life convenient for the ordinary person.Now there...
Family Business

8 Reasons Why Family Business Fails in India

The Indian economy has many businesses owned and managed by families. With the passing decade, one generation transfers the power to the next in hopes of keeping the tradition intact and bringing in a newer perspective to make the business more adaptable to changing times. However, improper planning, no definite strategies for success, and a negligible attitude toward the resources and revenue, ultimately break the cycle of ag...
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