Entrepreneurship - A step up for the times

India ranks third in the number of technological start-ups with around 4,500 startups with an average valuation of approximately $2.3 million. US ranks 1st with approximately 50,000 start-ups. With ours being around 4x the population of the USA this huge gap is a serious issue haunting the economists. But that being said, it definitely allows us to gauge the potential of our market. Hence, nurturing a business from its infancy to maturity is the elephant in the room that needs to be addressed.

With the emergence of automation and disruptive businesses, the so-called traditional jobs have taken a backseat and the need to develop skills that stay relevant for today and future is what needs to be evangelised. The need of the hour is to have an environment that allows entrepreneurial  ideas to sprout. With the largest young population (average median age being 28.5 years) walking the face of the earth right now, the need of the hour is definitely to create more jobs to support our country’s growing economy.

Ever wondered how we come across so many success stories in life and often try to comprehend the extent of the balance of their hard work and smart work. We all have high hopes but we often fail to convert them into real success stories. We are left hanging or rather always in the dark when it comes to knowing their story. A common trait these success stories share is the presence of a mentor who helped them with laying strong foundations that let them retrospect and move forward without causing waste.

The reason these success stories have come to fruition in the past is because of the direction the said company used to put forward their hard/ smart work. A mentor who guided them with the nitty-gritty’s of the business world and also helped save time and resources. The impact of having guidance in the right direction is a visible phenomenon.

Over the past few years, Hyderabad has been evolving into a hub for start-ups with an increasing number of professionals leaving their traditional jobs to become entrepreneurs, using technology and innovation to drive their businesses. But, a significant number of promising ideas do not see the light of day, which may be due to lack of access to skilled human resources, financial assistance, professional mentors, etc. To overcome these hurdles an individual needs to find an ecosystem which is committed and focussed  on providing timely support.

Anyone with the zeal to invest in not just an idea, but in oneself is an entrepreneur in the making. Be it an early or ideation stage start-up founder or any corporate employee. Everyone is required to learn the basics of a business, be writing a business proposal, devising  a  marketing strategy, building a team, defining a target audience, and also finding solutions for traditionally recurring problems, along with staying  relevant in this day and age.

Thanks to the Internet age, we all have access to gigabytes of information on any topic under the sun, with this access comes a problem specific only to the current times, finding legit sources to make use of. In all this confusion, websites that offer courses seem like the next logical step to move forward. This has also forced people to interact more with an electronic device rather than an actual person. Finding a way out of this schism has become a major hurdle for an individual who dreams to make it big. Incubators and accelerators have been sprouting like mushrooms making this decision  a tad more difficult.

TiE-Woxsen Entrepreneurship Development  Program

TiE is a non-profit, global community welcoming entrepreneurs from all over the world. With the core belief of using the power of ideas to change the face of entrepreneurship and growing business through, mentoring, networking, education, incubating and funding. With the view of fostering the entrepreneurial spirit and to bring forth some of the innovative ideas to the forefront along with nurturing early stage startups, TiE(hyderabad.tie.org) and Woxsen  School of Business (woxsen.edu.in) have come together to conduct the TiE-Woxsen Entrepreneurship Development Program.

A fully residential 6-day immersive program conducted by world-class faculty of Woxsen who are mix of professors with the highest acumen and understanding, and successful entrepreneurs/angels at your disposal, participants will be immersed into an experience like no other and try to understand what successful entrepreneurship is really all about. This with the hard to believe course fee will help future founders and CXOs by maximizing returns with respect to the time/ money invested.

If Entrepreneurship is the need of the hour, a programme to help you  is definitely the want of this time. For  any smart individual with the zeal of making most of everything that’s at offer on a plate, development programmes such as these are like a buffet offering a plethora of useful entrepreneurial  skills all under one roof.

About Author:

Devireddy Sreedevi (Executive Director, TiE Hyderabad) has Overall 17 years of diverse experience in Corporate Relations, Operations, Sales and Marketing.

Strong Business acumen coupled with people skills, Relationship management, Inspiring leadership evangelist

Email: ed@tiehyderabad.org ; devireddy.sreedevi@gmail.com

Linkedin: https://in.linkedin.com/in/drsreedevi

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