why to become an entrepreneur ?
TRANSCRIPT
Why’s of
Entrepreneurship ?
Manjula Sridhar
Current State in India
Entrepreneurship is almost mainstream.
Many students consider it as a first career option.
Lot of eco system development done in last few years and systematic support exists.
Careers in IT/MNC are also stalling and do not cater to creative needs.
Motivation
Money
Want to be my own boss
Creative pursuits
Quest for Meaning
Hate the job
Me too
Glory
No other Option
However..
The information out there is not always authentic.
Media din is either outlier driven or investor funded.
It’s a “hindsight is 20-20 syndrome”
Many irrelevant thumb rules.
Harsh realities
99 out of 100 startups wont exist beyond 1st year.
Majority of the Indian failures have been due to co-founder issues.
Even the successful ones, the founder is often the one that is a minority shareholder.
Which way to go ?
Micropreneur (Self)
Bootstrapped (Self)
Angel
Crowd funding
VC
Thanks
@manjulogic