Walt Disney had once
said, “All our dreams can come true, if we have the courage to pursue
them”.
Entrepreneurship is
a lot about the right vision and the courage to pursue that vision to make it a
reality.
Today’s India is
suffering from high unemployment rate. Growth in entrepreneurship is the only
way to come out of the menace of unemployment.
And if you are
planning to take the entrepreneurial route post your academics, there are
certain positive notes about entrepreneurship that you must take into account.
·
India has been ranked the third biggest startup hub in
the world after US and UK as per the NASSCOM-Zinnov report, “Indian Start Up
Ecosystem 2018 : Approaching Escape Velocity”.
·
In India more than 1,200 startups came up in 2018, taking
the total number to 7,200 startups.
·
There is a 50% increase in number of advanced tech
startups since 2017. The key growth drivers are enterprise software, fintech,
healthtech marketplace and edtech.
·
Data Analytics, Artificial Intelligence and IoT startups
have also been witnessing fastest adoption across industry verticals.
·
According to Global Startup Ecosystem Report 2018, Global
venture capital investments in startups hit a decade high in 2017, with over $
140 billion invested.
·
Total value creation of the global startup economy from 2015
to 2017 reached $ 2.3 trillion – A 25.6% increase from the 2014 to 2016 period.
·
More than 400+ startups expanded globally including travel
and hospitality company OYO, OLA, Byju, Zomato and Wittyfeed.
·
As per Microsoft Ventures and Venture Intelligence, India had
3,100 startups in 2014 which is expected to reach 11,500 startups in 2020.
·
More Tier 2/Tier 3 cities are emerging as startup hubs and
more experienced professionals are taking entrepreneurial route.
·
Overall investments have seen 100% growth from $ 2 billion in
2017 to $ 4.2 million in 2018.
·
Startup India set up under Invest India, a flagship
initiative by the Government of India intends to build a strong eco-system for
nurturing innovation and startups in the country “that will drive sustainable
economic growth and generate large scale employment opportunities”.
Indian
Government is doing everything to promote entrepreneurship and also to help
young minds in setting up their own startups. However, still there are some
bumpers that you may face while setting out to start your own label or company.
These
bumpers can be financial planning, business planning, marketing or PR exercises
to reach target customers, Government regulations and more.
To
ease out these problems, one can enroll into an entrepreneurship program that
will expose him/her to every aspect of business and make them aware of all the
preliminary steps required to set up a startup successfully.
Entrepreneur
training courses like BBA in Entrepreneurship is a degree program that consists of a very practical curriculum to prepare the
students for the future.
Some
of the highlights from the curriculum are –
·
Identify new business ideas and opportunities
·
Validation of business ideas
·
Types of registrations required for setting up new business
·
Establishing process driven business culture
·
Automating business
·
Financial planning, getting investors, partners or other
stakeholders on board
·
Adopting best HR practices
·
Advantages of E-Commerce
·
Guerilla Marketing and Promoting Strategies
·
Strategies to get high credit rating and more.
So
if you are looking for an entrepreneurship program that will prepare you the
best for your entrepreneurial journey, one of the entrepreneur training courses
like the BBA in Entrepreneurship will be highly beneficial for you.