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Entrepreneurs & Entrepreneurship (Part 1)

>80% of People employed in India are Entrepreneurs !

Entrepreneurs in a meeting

Entrepreneurship is the process of starting a business, typically a startup company offering an innovative product, process or service. The term "entrepreneur" is often conflated with the term "small business." While most entrepreneurial ventures start out as a small business, not all small businesses are entrepreneurial in the strict sense of the term.

The entrepreneur develops a business plan, acquires the human, financial and other required resources, and is responsible for its success or failure. Entrepreneurship operates within an entrepreneurship ecosystem which includes government programs and services that support entrepreneurs, not-for-profit entrepreneurship resources (e.g., incubators and accelerators), entrepreneurship education and training and financing (e.g., loans, venture capital, and grants). (* Source : www.Wikipedia.com )

Basically Entrepreneurs are individuals who organize and operate business who have fixed and definite costs with uncertain income,

TYPES OF ENTREPRENEURS

There are three kinds of entrepreneurs

  • Those that are born entrepreneurs
  • Those that achieve entrepreneurship and
  • Those that have entrepreneurship thrust on them

Fact

  • 80+ % of people employed in India are entrepreneurs.
  • Most of the 80 % fall in the third category.

WHO ARE ENTREPRENEURS

We all understand entrepreneur as someone who converts a new idea into a successful innovation, which could result in new industry or create new ways of doing the same thing.  We understand entrepreneurs as innovators who break existing status-quo to set new standards.

WHAT DO ENTREPRENEURS CREATE

  • New services like Education, data mining. Analytics. Consumer convenience like e business, from booking of hotels, transport or movie tickets to e commerce on any commodity or act as exchange of products, idea.
  • open up new geographies  market in new territories or countries
  • Create new users like villagers , or residents of tier 2 and 3 cities
  • Exploit new opportunities like mobiles or languages and availability of band width
  • Ride on new technologies like cloud, neural and spatial.

Sid Garg, Founder and CEO of www.zarood.com is one such entrepreneur who has set out to contribute to the cause of handmade exquisite fashion. Working directly with Kaarigars (Artisans) , Sid Garg is able to offer the most exquisite pieces of Fashion Jewelry and Accessories and Décor at very competitive prices. The range offered by zarood has a hallmark of authenticity and variety. You get a choice of colors and contemporary styles. 

In our next blog we will dwell more upon the qualities that mark an entrepreneur. 

About the Author

Mr. Veer Sagar consults and advises companies on general management, business development, cost and process management, objective creation and company positioning. Veer has over 48 years of general management experience in India with a particular focus on marketing and on the information technology and manufacturing sector. Currently is the Chairman of Selectronic, one of India's earlier BPO operations. Veer has also lead courses and delivered sessions on these topics to MBA and executive audiences at Harvard, IMD, Hong Kong University.  He is also the Founding Chairman of “The Association of Entrepreneurs, (www.aoe-india.com)

ABOUT US
  • Zarood.com is the leading online marketplace for connoisseurs of handicraft products offering high quality products sourced directly from handicraft artisans around India. We offer the best prices with a completely hassle free experience of online shopping and the option to pay via Cash On Delivery, Credit Card, Debit Card and Netbanking processed through secure and trusted payment gateways. We offer a wide range of handmade fashion accessories - necklaces, bangles & bracelets, earrings, clutch bags and handbags. We are also the exclusive online partners for Muskaan the NGO and offer these "cause crafts" in our range including handmade candles and stationery. Zarood also offers free cash-on-delivery for orders above Rs. 1500/- and flat rate shipping charges for all orders* (T&C apply). Get the best prices and excellent shopping experience and subscribe to the mailing list to get exclusive discounts and new updates.
    Online Fashion Jewellery and Accessories store in india
    Zarood.com is an online jewelry shopping store in india offering an array of designer fashion jewelry and accessories for women. We bring you the choicest of handmade jewellery and trendy fashion jewelry, be it ethnic, bridal, casual or formal. We strive to make you look your best with the latest and the finest jewellery.
    Best Online Accessories
    Whether you are looking for statement pieces, such as pendant necklaces, earring studs, bracelets, bags, purse, bangles, traditional paintings or handcrafted products you have a wider variety to choose from. You can find stylish options here for DIY fashion accessories for women that fit your budget and make the process much easier.
    Beautiful Indian Handcrafted Products
    Each handmade products shares a story, whether it's about the artist, the material used, or the origin, it adds more interest to the item itself. Knowing this increases one's appreciation of the object.

  •   603, Kirti Mahal, 19, Rajendra Place, New Delhi, INDIA
  •   +91.11.4704.2915
  •   care@zarood.com
  •   We are open Monday to Saturday, 10 AM - 5 PM and closed on Sunday.