MidasIndia
Family businesses differ from non-family businesses in a number of ways, and because they are so significant to the global economy, more research is necessary to determine the best ways to support their expansion and survival. Even though family businesses are common, they still need to actively participate in entrepreneurship education and training programs to remain competitive in the ever-changing business world. Studies re...
The Importance of Governance and Mentoring in Inspiring Students to Pursue Entrepreneurship
Governance and mentoring are important for inspiring students to pursue entrepreneurship because they provide guidance, support, and resources for students to develop and implement their business ideas. Governance refers to the policies and regulations that govern the actions of organizations and individuals. It helps to create a framework for entrepreneurship by setting guidelines for business operations and protecting the ri...
Theoretical Frameworks for Successful Entrepreneurship
Entrepreneurs have consistently faced challenges that hinder them from successfully pursuing their businesses and ensuring their survival. An entrepreneur cannot advance without conquering the obstacle that threatens to prevent them from seizing the immediate business opportunity. Depending on the situation, the person, and the location, these difficulties (factors) are experienced in various ways. The sociological, psychologi...
The Major Hurdles Faced in Entrepreneurial Growth.
Every entrepreneur strives to achieve their goals, envisions a successful venture, and has a directed attitude. As a result, they choose to adopt a passionate approach to turn a concept into a successful business that generates increasing revenues and goodwill in the marketplace. But there are several obstacles that could stand in the way of successful entrepreneurship. Therefore, an entrepreneur has no other choice but to ove...
Family Business or Owning a Startup: Which one is more suitable?
Launching your venture is as brave as it is liberating. The feeling of introducing the world to your radical idea precedes all forms of joy. But you decide to throw it in the market and let people be the best judge. Being an entrepreneur (being your boss) has evolved into a much-wanted desire over the last few years, and everyone dreams of building a startup. However, individuals with an already established family business bec...
Entrepreneurship is ageless
It is customary today to encounter 20 or 30-something startup founders making it big and raising a series of funding. It almost feels like entrepreneurship suits young demography, and with all the technology encircling the economy, the perception feels more objective; however, only in our heads. There was a time when the word entrepreneur was rightly associated with a middle-aged man, in a suited attire, with his stride of pri...
Entrepreneurship doesn’t have a language
Going by the words of Huffington Post’s Co-founder, Arianna Huffington, “One of the greatest leadership skills is being unflappable. Anytime you do anything in the world, there will be criticism.”
We are part of an economy where proficiency in speaking English defines the ability to be successful, intelligent, and confident. The corporate world intertwines the idea of skills with fluently co...
Are Content Creators the new Entrepreneurs?
Those were good days, too, when information was only available on our favorite search engine— Google. But things have transitioned for the better. For a few of us, we rush to social media to validate the fact behind a piece of news. It must be the trending issue. It is an endeavor by trendsetters, influencers, or content entrepreneurs, to describe reality.
Based on this new reality, there are two ca...
Books you must read as an Entrepreneur
Surprisingly, many millennials in India showed a fondness for owning a business or establishing a startup in the last couple of years. As Forbes defines it, with COVID, the rise of entrepreneurship in the Indian economy came from professionals despising the 9-5 repetitive job routine. They ascertained their worth in owning a venture on an idea they wanted to expand.
The decent demography of young pr...
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...