Showing posts with label encouraging entrepreneurship. Show all posts
Showing posts with label encouraging entrepreneurship. Show all posts

Wednesday, 10 October 2012

Entrepreneurship is the Act of Being an Entrepreneur

Entrepreneurship is the act of being an entrepreneur or "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods". This may result in new organizations or may be part of revitalizing mature organizations in response to a perceived opportunity. The most obvious form of entrepreneurship is that of starting new businesses (Referred as Startup Company); however, in recent years, the term has been extended to include social and political forms of entrepreneurial activity. When entrepreneurship is describing activities within a firm or large organization it is referred to as Intra-Preneurship and may include corporate venturing, when large entities spin-off organizations.

Entrepreneurial activities are substantially different depending on the type of organization and creativity involved. Entrepreneurship ranges in scale from solo projects (even involving the entrepreneur only part-time) to major undertakings creating many job opportunities. Many "high value" entrepreneurial ventures seek venture capital or angel funding (seed money) in order to raise capital to build the business. Angel investors generally seek annualized returns of 20-30% and more, as well as extensive involvement in the business.

Given entrepreneurship's potential to support economic growth, it is the policy goal of many governments to develop a culture of entrepreneurial thinking. This can be done in a number of ways: by integrating entrepreneurship into education systems, legislating to encourage risk-taking, and national campaigns.

It has assumed super importance for accelerating economic growth both in developed and developing countries. It promotes capital formation and creates wealth in country. It is hope and dreams of millions of individuals around the world. It reduces unemployment and poverty and it is a pathway to prosper. Entrepreneurship is the process of exploring the opportunities in the market place and arranging resources required to exploit these opportunities for long term gain. 
It is the process of planning, organizing  opportunities and assuming. Thus it is a risk of business enterprise. It may be distinguished as an ability to take risk independently to make utmost earnings in the market. It is a creative and innovative skill and adapting response to environment.
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Saturday, 14 July 2012

IQGains Event Executive and Advisory Committee

IMG_0157IQGains Main Event PicsIMG_0105IMG_0087IMG_0080IMG_0043
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IQGains Event, a set on Flickr.
Executive and Advisory Committee on at the Hotel Shangri-La, New Delhi in a conducive ambiance where numerous ideas were discussed. We are proud to share with you, we have a two layered committee with 4 (four) Executive Members and 8 (eight) Advisory Board Members . The Executive and Advisory Committee and are two sides of the same coin, which would work in tandem. There are many ideas viable or not viable, swirling around us, our advisory will ideate and collate these ideas and transfer them on to the Executive Committee, while the Executive Board will assess and evaluate the ideas and opportunities. The committee will freeze upon a viable idea, by scrutinizing it further.

Thursday, 5 July 2012

Sharing Ideas to Facilitate Budding Entrepreneurs


In today’s turbulent times where there is insecurity of jobs, the best remedy is in encouraging entrepreneurship. This will be the right vehicle for future progress of our Nation. If we look at the current state of our country, there are enough problems as much as opportunities for development. We have enough potential to be the soft power of the world. The major advantage is the energy of our youth and their intelligence.
Our India is flooded with entrepreneurial ideas which would take our nation on par with developed nations. We are passing through times where there is no dearth of resources for a worthy idea. So, the need of the hour is encouraging entrepreneurship.
All that is needed is a supportive hand for the budding entrepreneurs in a way ofsharing knowledge and providing seed capital. Also, there are people with the intention to support the right ideas.
Life, values & money come in the same order quit-essentially. Character is built through proper inculcation of values from time to time. None can be beyond learning & unlearning. Also, one needs support of many others to make a happy living and also one should support others for a right cause.
A sincere suggestion may create wonders in others life.
 Resources may be constraints but not the ideas to create resources. Agreed? So, if we passionately share our valuable ideas that we believe could give scope to entrepreneurship that will be a great source acting as ideas to create resources.
Let’s collectively initiate.”Entrepreneurship Ideas Bank” because it is the happiest feeling to know that ideas have given life for many others. In this, budding entrepreneurs are welcomed to present their ideas for funding and the seasoned professionals are more than welcomed to give their wisdom oriented Entrepreneur ship inputs.
Here, in IQ Gains through this EIB initiative, anyone can post their ideas out of their experience, knowledge & wisdom which any one can take up and make a grand living. This is with the spirit that our ideas should not die but should be given life. This will be historic in encouraging many new entrepreneurs through our platform IQ GAINS- The Elite Club.
I request you all to give this initiative a grand beginning with your valuable participation. 
This bridge is initiated by IQ Gains- The Elite Club.