Who is an entrepreneur?

An entrepreneur is someone who has an idea and who works to create a product or service that people will buy, as well as an organization to support that effort. An entrepreneur takes on most of the risk and initiative for their new business and is often seen as visionary or innovator.

Traditionally, entrepreneurship is limited to starting a new business, scaling for profit, and creating business capital but the scenario has changed now, entrepreneurship is about, about seeing problems as opportunities and changing the world.

Entrepreneurship is a rollercoaster ride with regular twists and turns, it is a journey full of emotions of happiness, sadness, aggression, depression, and a lot more but the one who crosses all the stages tackles all the hurdles achieve success and never looks back.

Can you become an entrepreneur?

To be an entrepreneur you should have an idea for a business or a startup, this is the most basic thing one should have and along this own the following characteristics.

• Vision

• Passion

• Motivation

• Curiosity

• Creativity

• Confidence

• And the most important risk taking.

So, if you have these characteristics and have an innovative idea then you should take your first step in the journey. No doubt there will be a lot of difficulties people will call you mad or insane but if you have a new concept to introduce then never lose your hope just be clear in your vision and focus on your goals and show them all that you have achieved.

“Entrepreneurship is like solving Rubik's cube.”

Entrepreneurship is like solving Rubik's cube. Like in the solving cube we have distinct phases, in entrepreneurship also we have various stages to solve like starting, stability, decline. Each stage requires different tricks like in solving cube and when we clear these stages or phases, we achieve our goals it gives us a sense of satisfaction that no one can feel.

An interesting fact is that many entrepreneurs play these types of games like solving crosswords, Rubik's cube, word finder games etc. to keep their minds clear and sharp.

Was his decision of entrepreneurship, right?

Approximately twelve years ago there was a young, charted accountant who completed his MBA in finance and strategy and as usual had no idea what to do now then joined a company to do a job but was not able to find interest and left the job. Then decides to build a startup with a unique name of manufacturing ear devices for listening voices more clearly. The startup faces a lot of difficulties, rejections in fund raising, finding new ways of marketing but they never lose their hopes and emerge as a well-known brand of India.

Yes, you guess it right we are talking about the legend Aman Gupta who sailed on his boat in 2016 tackle all the competitors in manufacturing headphones, speakers, headsets and many more to listen music, songs more clearly. He sets the standards for entrepreneurship and sets a perfect example of taking risks, accepting challenges and learning from failures.

“Rising trend of entrepreneurship in India.”

The concept of entrepreneurship or building startups is increasing immensely. As of August 29, 2022, India has emerged as the world's third largest startup ecosystem, the number of recognized startups in the country increased from 471 in 2016 to 72,993 in 2022, recording a massive growth. The youth is getting influenced by various government initiatives for entrepreneurship and by the most famous startup-based show ‘The Shark Tank’ in which the founders or co-owners make a pitch.

By - Mohammad Muzakkir