Best Indian Entrepreneur

Traditionally, Entrepreneurship defined as the process of launching, running and designing a new business which begins as a small business such as a startup Company and soon becomes a Best Indian Entrepreneur. Startup Company offers a product, service or possesses for hire or sale. People who started this business are called Entrepreneur. These peoples are Indians too, and slowly can become the Best Indian Entrepreneur. Typically, Entrepreneurship focus on running and launching of businesses due to the involvement of high-risk or launching a startup. It can be close due to lack of funding, bad or wrong decision making, an economic crisis or due to lack of market demand. From these crises,  Best Indian Entrepreneur copes up. The Best Indian Entrepreneur is basically a business leader and innovates new ideas and business processes.An Entrepreneur is someone that takes an idea and runs or develops a business and not working as an employee.

An Entrepreneur addicted to the success. Its drug is a success and  are known one fact and says  “An entrepreneur will make it, maybe not immediately, but absolutely and definitely”. An Entrepreneur is always managing the business and accepts risks of its success.

The Determining factors of success or failure as a Best Indian entrepreneur are the correct demonstration and personal qualities.

 

Here are some of the Characteristics of  a Successful and Best Indian Entrepreneur

• Passion and Motivation
• Risk Taking
• Hard work, Self-belief, and disciplined dedication
• Adaptability and Flexibility
• Understand your offering – and its market
• Money Management
• Planning (But not over planning)
• Being ready to take an exit
• Entrepreneurs Doubt themselves but not too much
• Optimism and focused
• Independent thinking

 

These guidelines will make sure you take the right and good steps in the right direction to succeed.

 

Importance of Entrepreneurship

• It helps in developing and identifying managerial capabilities.

An Entrepreneur studies a problem, identifies its alternatives, compares these alternatives in terms of benefits and cost implications and finally chooses the best alternative.

This helps in decision-making skills.

 

• Creation of Organization

When an Indian entrepreneur coordinates and assemblesphysical, financial and human resources and directs them towards achieving goals through managerial skills then it results in the creationof  organization.

 

• Means of economic development

Entrepreneurship involves the use and creation of creative ideas, development of managerial skills, maximization of output from giving resources, etc. and these factors are essential for the economic development.

 

Succeeding as anentrepreneur takes persistence and hard work too, because there is no small or big business who started and succeed magically.

If you are trying to develop a business platform, then there are some main things to be viewed. These elements support a small strategy for any new enterprise.

So Steps to become a successful and Best Indian entrepreneur are;

• Love what you do
• Take baby steps
• Learn from others
• Learn how to self-promote
• Constantly take action
• Make a plan
• Built a reputation
• It’s never too late to start
• Built your “A Team”
• Be mindful of your attitude

 

Here are some Best India’s Notable Entrepreneurs:-

 Dhirubhai Ambani (1932-2002)

 

DhirubhaiAmbani build India’s largest private company, Reliance industries.

Reliance has much interest in telecommunications, IT sector, Consumer goods, etc.

Mukesh Ambani and Anil Ambani havenow run reliance company. Mukesh Ambani’s estimated worth over is $18.6 billion and Anil Ambani’s estimated worth over is $5.1 billion.

 

• Jehangir Ratanji Dadabhoy Tata or JRD Tata

 

JRD Tata was born in 1904 and died at 1993. He is working for the family business, Tata group. He built Tata Airlines and set out on his own, which become modern Air India.

By the time of his death, His automobile venture (TTM) produces economical automobile which every Indian can afford.

He  founded the Tata group of companies in the mid-1800s.

 

• Nagavara Ramarao Narayana Murthy

Nagavara Ramarao Narayana Murthy  founded a big company, IT, Infosys with just a few hundred dollars in today’s money. He referred to as the father of Indian IT industry, serving as CEO of Infosys and then chairman until 2011.

 

• Azim Premji

 

Azim Premji is one who worth $15.3 billion and is chairman of Wipro industries. Wipro is a diversified technology and software company that compared to Microsoft. Premji has referred as India’s Bill Gates as well.

 

India has a very long tradition of entrepreneurship, but its flavor is distinct.

There are many BestsIndian entrepreneurs came from hard-working, or gentle beginnings and not founding technology firms. But it can’t be said that future entrepreneurs didn’t focus on technology and help drive India’s economic growth inthe coming decades.To be successful in continuous business proceedings, generally requires entrepreneurship and innovation, which are done by Best Indian Entrepreneurs.