How to Trigger / Ignite Entrepreneurship?




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Sridhar Gopal
Management Consultant, India

How to Trigger / Ignite Entrepreneurship?

In my years of practice as a management consultant which is mostly in India, I work with quite a few assignments. One of them is initiating senior executives who have reached a saturation in jobs and in fact are facing an extinction in the job market to consider starting and running their business after long years of employee mode. These are professionals with years of experience along with other suitable credentials which qualifies them to become business leaders now.

REASONS FOR (NOT) BECOMING AN ENTREPRENEUR
The set of constraints I commonly hear are these:
I don't have a financial back up; I don't come from business family; Have no (financial) support in case it (My business) doesn't do well; I have monthly financial commitments; My son and daughter are getting ready to go to college next year; I have other dependents to take care; Look at him (a friend) who tried to start a business he lost everything, he was very happy as a senior executive in a global company. And the list of constraints goes on.

Quite paradoxically, there are a handful few, who sense the job situation and dare to become the successful first generation entrepreneurs for the same reasons as many others term "constraints".
The growing economies like India, I feel, open up for entrepreneurs after a career cycle and for those that ignore that calling, it means a loss of opportunity.

⇨ What are your ideas to ignite or trigger entrepreneurship?
 

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Sidney Tehoda
Career Consultant, Ghana
 

A Big Issue

This problem (of igniting entrepreneurship) is a real life problem. I have tried to run a small star... Sign up

 
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John Henry
Project Manager, United States
 

Is Entrepreneurship Only for Those Who Start Their Own Business?

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Jaap de Jonge
Editor, Netherlands
 

Can One Change a Non-Entrepreneur Into an Entrepreneur?

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Maurice Hogarth
Consultant, United Kingdom
 

Entrepreneur to Intrapreneur

@Jaap de Jonge:Agreed. As your links indicate, the mindset of an entrepreneur is like that of an Exp... Sign up

 
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Vzone Academy
Entrepreneur, India
 

The Entrepreneurial Motive

Entrepreneurship should have only one reason: Solve someone's pain or problem. If your venture can s... Sign up

   

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