BIG fight......the entrepreneurial way

There are three sets of issues that one must consider when thinking about how to become an entrepreneur, particularly if you are born into a middle-class family of professionals like yours truly…….

The first (the most difficult part I must confess) involves getting started, leaving a safe job or career prospects and jumping into the entrepreneurial fray.

The second issue (an equally difficult part) has to do with maintaining and building a viable business, successfully scaling up so that one has not just managed to 'survive' but also to grow the business and create great value for investors.

Finally, there's the issue of knowing when to move on, either by selling the business or handing over to someone who can bring new energy, skills and ideas to bear. Let's take each of these issues in turn, and examine some of the things you can do to address them."

I was reading the latest edition of Outlook Business for Decision Makers. The magazine carried an interesting article on the 10 hottest emerging businesses in India. Here is the list:

-Education
-Private Equity
-Design Services
-Next Wave BPO
-Packaged Food
-Retail Services
-Localized Internet
-Micro-power
-Cold Chain and Warehousing
-TV Content

So anyone amongst you wanting to start your own business/startup - you know where to go.

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