Indian entrepreneurs: Building a successful future
Finding the perfect career can be difficult. Very few people have the opportunity to go to work and do what they love – and instead of accepting that fact – many Indian citizens are doing something about it. Across the country, more people are taking their careers into their own hands and becoming entrepreneurs.
Entrepreneurial success in India is nothing new, and there has been a long history of people rising from humble beginnings and forging success on their own. Today, the country is trying to encourage more citizens to try to follow this same path. An online money transfer can be a wonderful method for financing a start-up, as well as daily personal expenses, and India is offering some great programs for the entrepreneur in everyone.
Starting a brand new business
People all across India have the desire to build something, and create a unique, original company. For example, Siddhartha Ahluwalia was an engineering student and intern, and one day he decided to enlist several of his friends to start their own company, according to CNN Money. He met a lot of motivated people at the Indian Institute of Management, or IIM-A, and others' drives and ambitions inspired his own.
"IIM-A is full of energy regarding entrepreneurship," Ahluwalia told the news source. "You meet a lot of new entrepreneurs."
Due to a lack of funding, the young student took to the streets to kick-start his company. Initially, he encountered resistance. Nearly a year after, he gave it another shot – and learned that public perception about entrepreneurs had shifted, CNN Money noted.
The more success other businessmen in India had, the more doors opened for younger boot-strappers like Ahluwalia.
Many people send money to loved ones in India, and support is always needed for any business venture.
Success from the ground up
Ahluwalia isn't the only entrepreneur from India. Others have tried, and many have succeeded. One such businessman is Gulam Noon – who started in a family business in Mumbai and ended up in charge of Noon Products with connections across multiple global markets, according to financial strategy firm Grant Thornton.
It took Noon five years to go from nothing to profits of nearly 16 million pounds, and his company – a supplier of frozen, ready-to-eat Indian meals – now employs 1,700 employees. Noon's tips for entrepreneurs include being brave and honest, as well as always trying to give back., Grant Thornton stated.
Noon also added that India offers many opportunities for entrepreneurs, and that people in the country are ready for the chance to create something.