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Analizing Problems, Challenges and Opportunities of Indian Entrepreneurs

Affiliations

  • Maharaja Group of Colleges NH-76, Airport Road, Debari, Udaipur (Rajasthan), India
  • Maharaja College of Management, NH-76, Airport Road, Debari, Udaipur (Rajasthan), India

Abstract


International economies are undergoing rapid changes in their volumes and approaches. The two forces i.e. globalization and technology are bringing the dramatic changes and which are also responsible for explosive growth of international business and competition. Indian entrepreneurs with their inherent intelligence, drive and hard work had made and are making best use of the opportunities which are made available with the sweeping changes that are taking place in growth of business and globalization. We have many cases of enterprise initiatives of our role models like JRD Tata, G D Birla, Dhirubhai Ambani, Azim Premji, Narayan Murthy, Godrej, Shahnaz Hussain, Shaw Mazumdar and Ekta Kapoor. In this research paper, I have tried to explore 50 years period (1961 to 2010) of IIM-Ahmedabad graduates. I have selected 10 IIM-A graduates from the period 1960 to 2010, specifically two case studies from each decade. The basic objective in this paper is to know, how these 10 IIM-A graduates thought of differently and rejecting that being a corporate slave, which was the easy option, but all of them accepted challenges, grabbing opportunities and seized their moment. So they would not wake up one day with regrets. Of course they saw markets, opportunities and need gaps. But more importantly, they stood in front of the mirror and saw their true selves. This paper would be considered an inspiring document for those management professionals who dare to think something bigger and better to do with their talents. This paper would also give them renewed hope and vigour and make them learn how to become successful entrepreneurs.

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References


  • Bansal Rashmi, 2008, “Stay Hungry Stay Foolish”, Ahmedabad, AM Venture Publishing Pvt. Ltd.
  • Singh N.P, 2006 "Successful entrepreneurs – their identity, expectations and Problems, National Institute for Entrepreneurship and Small business development, Himalaya Publishing House, New Delhi,.
  • Saravanavel P., 2010, “Entrepreneurial Development-Principles, Policies and Programmes”, Mount Road Madras Ess Pee Key Publishing House.
  • Indian Management, Monthly Magazine – A Business Standard Publication, New Delhi.
  • Science Tech Entrepreneur- A Monthly Publication of NSTEDB, Development of Science and Technology, Government of India.
  • Merrill Daugls, Pustak Mahal, 2007, “Success Secrets of renowned entrepreneurs”, New Delhi, All India Publishers & Distributors.

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