1. Piggy bank
2. Pocket money
3. Value inculcation
4. Introduce financial jargo
5. Bank account
6. Summer jobs
7. Lead by example
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Friday, September 29, 2006
9 essentials of entrepreneurship
"Entrepreneurship is an attitude," says Ramalinga Raju. "It's for people who are willing to fail."
So what is entrepreneurship all about?
* It is all about hard work and applying your mind properly.
* It needs complete dedication to your ideas and putting your best efforts into them.
* It is going to bed thinking about the idea and waking up in the morning thinking about it.
* It is a field where you need constant attention at every detail.
* It is about driving yourself: If you are a professional, your boss will remind you that you are not working, if you an entrepreneur you have to remind yourself.
* It is about convincing others about your ideas too: You have to get the full support of your family and friends to succeed.
* It is about networking: Being an entrepreneur also means that you have to be constantly in touch with clients, customer and business partners at close quarters.
* It is about leadership: You should know how to be a leader and add value to the leadership with your ideas.
* It is about confidence: You have to live with the conviction that even if things don't work out in the initial stages, later on everything will be in place and you will emerge a winner.
Read More
So what is entrepreneurship all about?
* It is all about hard work and applying your mind properly.
* It needs complete dedication to your ideas and putting your best efforts into them.
* It is going to bed thinking about the idea and waking up in the morning thinking about it.
* It is a field where you need constant attention at every detail.
* It is about driving yourself: If you are a professional, your boss will remind you that you are not working, if you an entrepreneur you have to remind yourself.
* It is about convincing others about your ideas too: You have to get the full support of your family and friends to succeed.
* It is about networking: Being an entrepreneur also means that you have to be constantly in touch with clients, customer and business partners at close quarters.
* It is about leadership: You should know how to be a leader and add value to the leadership with your ideas.
* It is about confidence: You have to live with the conviction that even if things don't work out in the initial stages, later on everything will be in place and you will emerge a winner.
Read More
6 qualities that make you a crorepati
1. Self-Belief
2. Perseverance ( A Never-say-die attitude)
3. Seizing opportunities
4. Innovation
5. Betting on talent
6. Constant Learning
Read more...
2. Perseverance ( A Never-say-die attitude)
3. Seizing opportunities
4. Innovation
5. Betting on talent
6. Constant Learning
Read more...
A VC's story: How to build BIG companies
Srini Raju came back from the United States to join Satyam Computer Services as a partner and he was the chief operating officer from 1992 to 2000. He was also the first chief executive officer of Cognizant Technology Solutions from 1994 to 1996.
In 2000, he left Satyam to become a venture capitalist. He founded iLabs Capital to help start new ventures. iLabs now funds 13 companies, many of them leaders in their respective market segments. He is also a founding member Indian Institute of Information Technology.
He recounts the long successful journey he has undertaken so far.
Read More
In 2000, he left Satyam to become a venture capitalist. He founded iLabs Capital to help start new ventures. iLabs now funds 13 companies, many of them leaders in their respective market segments. He is also a founding member Indian Institute of Information Technology.
He recounts the long successful journey he has undertaken so far.
Read More
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