SlideShare ist ein Scribd-Unternehmen logo
1 von 11
Downloaden Sie, um offline zu lesen
Challenges faced by first
generation entrepreneur
in
India
ROBERT MARIA VINCENT - HEAD - CDP
Entrepreneurship is trend of the day. Just recently
IITans have rejected offers of a job that would
have paid them in 8 figures.
This is not new and has been going for quite some
time now. For various reasons youth today is
more inclined towards entrepreneurship.
Business environment is also more conducive than
before. Still for first generation entrepreneurs
challenges remain the same.
ROBERT MARIA VINCENT - HEAD - CDP
1. No prior experience of doing business
• Are they first in the history of their family who is
going to start a business.
• So no experiential input is available to them from
closest people.
• They might have gained some industry experience
by working for few years still doing your own
business is completely different ball game.
• And unlike in your job where your boss and
seniors mentored you in your business there might
be no body to guide you for quite some time.
ROBERT MARIA VINCENT - HEAD - CDP
2. Financial and legal
complexities
in
India
• In India it is evident that most of the rules
and policies laid down by government or
private agencies generally works against
you especially if you are first generation
entrepreneur.
• Raising fund is biggest challenge and
grasping all the evil law that have been
made to eat your money even before you
start making profits is quite a challenge.
• If you go for professional help outside
then again you need to pay money for their
service which you never have unless you
have access to a big bank balance of your
own or your family.
ROBERT MARIA VINCENT - HEAD - CDP
Corruption that prevails all over
discouraging entrepreneurs big time
Whether you choose to go for service or
product that you will offer the moment you
have to deal with the stake holders of your
business be it vendor, a high ranked officer in
a company or whosoever you find it difficult to
get through them in order to build what you
really set to build.
Then you realize that major chunk
of your effort is wasted in dealing
with these people in place of
focusing on your targets.
Whether you decide to be a part of corruption
or go against it in both the cases it is very
challenging job for first generation
entrepreneur.
ROBERT MARIA VINCENT - HEAD - CDP
Building strong team and retaining
them for sufficient time
• After managing all the hustles noted above your second
line of challenge starts right there. You want to have a
great team but you cannot pay them much or sometime
you cannot pay them at all.
• Now many if not all job seeker sitting in a college is
looking for big brand, fat salary, bright and secure
future from day one.
• You don't know how to pitch your idea and philosophy
to them so that they are ready to work and stay with
you even when you are not offering them what
established companies would offer them.
ROBERT MARIA VINCENT - HEAD - CDP
You might be an issue yourself
too
Huge expectations in your family
from you and you showed them big dreams
coming true while you discussed your business
idea with them.
• Now when you start facing external challenges if
you are internally not well settled then
you will be a challenge to handle for
yourself too.
• You need to be cool headed, strongly determined
and extremely passionate about your work as a
first generation entrepreneur in order to face all
the challenges except you.
ROBERT MARIA VINCENT - HEAD - CDP
Its not BIG FISH
eating small fish
SWIFT FISH
eating
SLOW FISH
ROBERT MARIA VINCENT - HEAD - CDP
All you need
• TRUST – On yourself and on your
employees
• Self – Confidence – To overcome all
hurdles.
• Expect the unexpected.
• A good Team the ultimate elixir for
any business
ROBERT MARIA VINCENT - HEAD - CDP
Finance - Business
ROBERT MARIA VINCENT - HEAD - CDP
• Finance is like a
FURNACE if you
can handle it
good you can
make wonderful
dishes.
• If not it will be a hot
seat for you to sit.
ROBERT MARIA VINCENT - HEAD - CDP

Weitere ähnliche Inhalte

Was ist angesagt?

Report on airtel recruitment and selection
Report on airtel recruitment and selectionReport on airtel recruitment and selection
Report on airtel recruitment and selectionPartha Pratim Mahanta
 
summer internship report - sourcing and recruitment
summer internship report - sourcing and recruitmentsummer internship report - sourcing and recruitment
summer internship report - sourcing and recruitmentSwetaSaroha
 
Factors influencing the Women Entrepreneurship
Factors influencing the Women EntrepreneurshipFactors influencing the Women Entrepreneurship
Factors influencing the Women Entrepreneurshipuma reur
 
Human resource management of infosys
Human resource management of infosysHuman resource management of infosys
Human resource management of infosysDipanjan Pal
 
Presentation on small business industry
Presentation on small business industryPresentation on small business industry
Presentation on small business industryKirti Gupta
 
Airtel distribution expansion in rural areas
Airtel distribution expansion in rural areasAirtel distribution expansion in rural areas
Airtel distribution expansion in rural areaskitturashmikittu
 
Employee grievance case study
Employee grievance case studyEmployee grievance case study
Employee grievance case studysajitha farveen
 
Project report on IPO
Project report on IPOProject report on IPO
Project report on IPOBhavik Parmar
 
Recruitment and Selection Summer Internship Project Report
Recruitment and Selection Summer Internship Project ReportRecruitment and Selection Summer Internship Project Report
Recruitment and Selection Summer Internship Project ReportRahul Maheshwari
 
HR practices in infosys Ltd
HR practices in infosys LtdHR practices in infosys Ltd
HR practices in infosys LtdLeesa Shah
 
Mcom summer training report on GST
Mcom summer training report on GSTMcom summer training report on GST
Mcom summer training report on GSTSupriya Pandey
 
SHIV NADAR AS SUCCESSFUL ENTREPRENUER
SHIV NADAR AS SUCCESSFUL ENTREPRENUERSHIV NADAR AS SUCCESSFUL ENTREPRENUER
SHIV NADAR AS SUCCESSFUL ENTREPRENUERarchana29
 
Tcs recruitment and selection
Tcs recruitment and selectionTcs recruitment and selection
Tcs recruitment and selectionChirag Patel
 
EVALUATION THE PERFORMANCE OF ENTREPRENEURSHIP DEVELOPMENT PROGRAM
EVALUATION THE PERFORMANCE OF ENTREPRENEURSHIP DEVELOPMENT PROGRAM EVALUATION THE PERFORMANCE OF ENTREPRENEURSHIP DEVELOPMENT PROGRAM
EVALUATION THE PERFORMANCE OF ENTREPRENEURSHIP DEVELOPMENT PROGRAM Navneetyadav711
 

Was ist angesagt? (20)

Startup India Overview
Startup India OverviewStartup India Overview
Startup India Overview
 
RELIANCE HR POLICIES
RELIANCE HR POLICIESRELIANCE HR POLICIES
RELIANCE HR POLICIES
 
Report on airtel recruitment and selection
Report on airtel recruitment and selectionReport on airtel recruitment and selection
Report on airtel recruitment and selection
 
Aditya Birla - BCG matrix
Aditya Birla - BCG matrixAditya Birla - BCG matrix
Aditya Birla - BCG matrix
 
Tcs
TcsTcs
Tcs
 
summer internship report - sourcing and recruitment
summer internship report - sourcing and recruitmentsummer internship report - sourcing and recruitment
summer internship report - sourcing and recruitment
 
Factors influencing the Women Entrepreneurship
Factors influencing the Women EntrepreneurshipFactors influencing the Women Entrepreneurship
Factors influencing the Women Entrepreneurship
 
Human resource management of infosys
Human resource management of infosysHuman resource management of infosys
Human resource management of infosys
 
Airtel case study
Airtel case studyAirtel case study
Airtel case study
 
Presentation on small business industry
Presentation on small business industryPresentation on small business industry
Presentation on small business industry
 
Airtel distribution expansion in rural areas
Airtel distribution expansion in rural areasAirtel distribution expansion in rural areas
Airtel distribution expansion in rural areas
 
PMS OF INFOSYS
PMS OF INFOSYSPMS OF INFOSYS
PMS OF INFOSYS
 
Employee grievance case study
Employee grievance case studyEmployee grievance case study
Employee grievance case study
 
Project report on IPO
Project report on IPOProject report on IPO
Project report on IPO
 
Recruitment and Selection Summer Internship Project Report
Recruitment and Selection Summer Internship Project ReportRecruitment and Selection Summer Internship Project Report
Recruitment and Selection Summer Internship Project Report
 
HR practices in infosys Ltd
HR practices in infosys LtdHR practices in infosys Ltd
HR practices in infosys Ltd
 
Mcom summer training report on GST
Mcom summer training report on GSTMcom summer training report on GST
Mcom summer training report on GST
 
SHIV NADAR AS SUCCESSFUL ENTREPRENUER
SHIV NADAR AS SUCCESSFUL ENTREPRENUERSHIV NADAR AS SUCCESSFUL ENTREPRENUER
SHIV NADAR AS SUCCESSFUL ENTREPRENUER
 
Tcs recruitment and selection
Tcs recruitment and selectionTcs recruitment and selection
Tcs recruitment and selection
 
EVALUATION THE PERFORMANCE OF ENTREPRENEURSHIP DEVELOPMENT PROGRAM
EVALUATION THE PERFORMANCE OF ENTREPRENEURSHIP DEVELOPMENT PROGRAM EVALUATION THE PERFORMANCE OF ENTREPRENEURSHIP DEVELOPMENT PROGRAM
EVALUATION THE PERFORMANCE OF ENTREPRENEURSHIP DEVELOPMENT PROGRAM
 

Andere mochten auch

World Economic Forum - Challenges for the next Generation of Entrepreneurs
World Economic Forum - Challenges for the next Generation of EntrepreneursWorld Economic Forum - Challenges for the next Generation of Entrepreneurs
World Economic Forum - Challenges for the next Generation of EntrepreneursKrisenkommunikation
 
Women entrepreneurship in India
Women entrepreneurship in India Women entrepreneurship in India
Women entrepreneurship in India Pankaj Joshi
 
Family business succession & growth
Family business succession & growthFamily business succession & growth
Family business succession & growthRikitacjdd
 
WOMEN ENTREPRENEURS IN INDIA
WOMEN ENTREPRENEURS IN INDIAWOMEN ENTREPRENEURS IN INDIA
WOMEN ENTREPRENEURS IN INDIAVivek Bhardwaj
 
Women entrepreneurship in india ppt
Women entrepreneurship in india pptWomen entrepreneurship in india ppt
Women entrepreneurship in india ppthiteshkrohra
 
Next Generation Entrepreneur
Next Generation EntrepreneurNext Generation Entrepreneur
Next Generation EntrepreneurTimur Nacre
 
Keys to Family Business Success
Keys to Family Business SuccessKeys to Family Business Success
Keys to Family Business SuccessShem Cohen
 
Indian family businesses
Indian family businessesIndian family businesses
Indian family businessesmaheshtcm
 
Women entrepreneurship
Women entrepreneurshipWomen entrepreneurship
Women entrepreneurshipSudhansu Sethi
 
Woman entrepreneurship in india
Woman entrepreneurship in indiaWoman entrepreneurship in india
Woman entrepreneurship in indiaadityaarorawings
 
Entrepreneurship development
Entrepreneurship developmentEntrepreneurship development
Entrepreneurship developmentbalajisetty
 
Women entrepreneurs
Women entrepreneursWomen entrepreneurs
Women entrepreneursAmit7613
 
Top 20 Entrpreneurs in India
Top 20 Entrpreneurs in IndiaTop 20 Entrpreneurs in India
Top 20 Entrpreneurs in IndiaSandra4Smiley
 
Successful Entrepreneur of india
Successful Entrepreneur of indiaSuccessful Entrepreneur of india
Successful Entrepreneur of indiaguptakshitij
 

Andere mochten auch (19)

Women entrepreneur ch4
Women entrepreneur ch4Women entrepreneur ch4
Women entrepreneur ch4
 
World Economic Forum - Challenges for the next Generation of Entrepreneurs
World Economic Forum - Challenges for the next Generation of EntrepreneursWorld Economic Forum - Challenges for the next Generation of Entrepreneurs
World Economic Forum - Challenges for the next Generation of Entrepreneurs
 
Women entrepreneurship in India
Women entrepreneurship in India Women entrepreneurship in India
Women entrepreneurship in India
 
Family business succession & growth
Family business succession & growthFamily business succession & growth
Family business succession & growth
 
WOMEN ENTREPRENEURS IN INDIA
WOMEN ENTREPRENEURS IN INDIAWOMEN ENTREPRENEURS IN INDIA
WOMEN ENTREPRENEURS IN INDIA
 
Women entrepreneurship in india ppt
Women entrepreneurship in india pptWomen entrepreneurship in india ppt
Women entrepreneurship in india ppt
 
Next Generation Entrepreneur
Next Generation EntrepreneurNext Generation Entrepreneur
Next Generation Entrepreneur
 
Wealth Magnet
Wealth MagnetWealth Magnet
Wealth Magnet
 
Keys to Family Business Success
Keys to Family Business SuccessKeys to Family Business Success
Keys to Family Business Success
 
Entrepreneur india
Entrepreneur indiaEntrepreneur india
Entrepreneur india
 
Indian family businesses
Indian family businessesIndian family businesses
Indian family businesses
 
Women entrepreneurship
Women entrepreneurshipWomen entrepreneurship
Women entrepreneurship
 
Family business
Family businessFamily business
Family business
 
Family business
Family businessFamily business
Family business
 
Woman entrepreneurship in india
Woman entrepreneurship in indiaWoman entrepreneurship in india
Woman entrepreneurship in india
 
Entrepreneurship development
Entrepreneurship developmentEntrepreneurship development
Entrepreneurship development
 
Women entrepreneurs
Women entrepreneursWomen entrepreneurs
Women entrepreneurs
 
Top 20 Entrpreneurs in India
Top 20 Entrpreneurs in IndiaTop 20 Entrpreneurs in India
Top 20 Entrpreneurs in India
 
Successful Entrepreneur of india
Successful Entrepreneur of indiaSuccessful Entrepreneur of india
Successful Entrepreneur of india
 

Ähnlich wie Challenges faced by first generation entrepreneur mamcet robert placement cdp

Surviving the First Years of Business
Surviving the First Years of BusinessSurviving the First Years of Business
Surviving the First Years of BusinessEtonde Martin
 
But, why do startups fail?
But, why do startups fail?But, why do startups fail?
But, why do startups fail?Harbinder Narula
 
Entrepreneurship highs and lows
Entrepreneurship highs and lowsEntrepreneurship highs and lows
Entrepreneurship highs and lowsBernard Charlebois
 
CEO Core Formulas: The 5x2 Process The Most Profitable (Small/Medium/Large-B2...
CEO Core Formulas: The 5x2 Process The Most Profitable (Small/Medium/Large-B2...CEO Core Formulas: The 5x2 Process The Most Profitable (Small/Medium/Large-B2...
CEO Core Formulas: The 5x2 Process The Most Profitable (Small/Medium/Large-B2...Jayson Peppar
 
10 point orientation programme for future entrepreneurs
10 point orientation programme for future entrepreneurs10 point orientation programme for future entrepreneurs
10 point orientation programme for future entrepreneursDr. Trilok Kumar Jain
 
Succeeding in business pt 2
Succeeding in business pt 2Succeeding in business pt 2
Succeeding in business pt 2Tony Morrison
 
The Corporate Refugee Startup Guide Insights - USASBE Presentation
The Corporate Refugee Startup Guide Insights - USASBE PresentationThe Corporate Refugee Startup Guide Insights - USASBE Presentation
The Corporate Refugee Startup Guide Insights - USASBE PresentationDave Gee
 
Ways for small business startup success
Ways for small business startup successWays for small business startup success
Ways for small business startup successTomas Vargas
 
5 Suggestions to Building a More Successful Business
5 Suggestions to Building a More Successful Business5 Suggestions to Building a More Successful Business
5 Suggestions to Building a More Successful BusinessJim Jorgensen
 
Myriam Borg – Who is “Entrepreneur” And How You Can Become
Myriam Borg – Who is “Entrepreneur” And How You Can BecomeMyriam Borg – Who is “Entrepreneur” And How You Can Become
Myriam Borg – Who is “Entrepreneur” And How You Can BecomeMyriam Borg
 
James Sinclair - The Millionaire Clown
James Sinclair - The Millionaire ClownJames Sinclair - The Millionaire Clown
James Sinclair - The Millionaire ClownBALPPA
 
21 great ways to succeed
21 great ways to succeed21 great ways to succeed
21 great ways to succeedQuocdung Hoang
 
How to Start, run, and grow a Small Business.pptx
How to Start, run, and grow a Small Business.pptxHow to Start, run, and grow a Small Business.pptx
How to Start, run, and grow a Small Business.pptxShiekhAvi
 
Landing your Dream Job in Tech
Landing your Dream Job in TechLanding your Dream Job in Tech
Landing your Dream Job in Techmairna_rakhlin
 
Jeunesse Global Gameplan
Jeunesse Global GameplanJeunesse Global Gameplan
Jeunesse Global GameplanJay Kuntal
 
Jeunesse Global Game Plan | Worksheets and Checklists
Jeunesse Global Game Plan | Worksheets and ChecklistsJeunesse Global Game Plan | Worksheets and Checklists
Jeunesse Global Game Plan | Worksheets and Checklistskathleensocha37
 

Ähnlich wie Challenges faced by first generation entrepreneur mamcet robert placement cdp (20)

Surviving the First Years of Business
Surviving the First Years of BusinessSurviving the First Years of Business
Surviving the First Years of Business
 
But, why do startups fail?
But, why do startups fail?But, why do startups fail?
But, why do startups fail?
 
Entrepreneurship highs and lows
Entrepreneurship highs and lowsEntrepreneurship highs and lows
Entrepreneurship highs and lows
 
CEO Core Formulas: The 5x2 Process The Most Profitable (Small/Medium/Large-B2...
CEO Core Formulas: The 5x2 Process The Most Profitable (Small/Medium/Large-B2...CEO Core Formulas: The 5x2 Process The Most Profitable (Small/Medium/Large-B2...
CEO Core Formulas: The 5x2 Process The Most Profitable (Small/Medium/Large-B2...
 
10 point orientation programme for future entrepreneurs
10 point orientation programme for future entrepreneurs10 point orientation programme for future entrepreneurs
10 point orientation programme for future entrepreneurs
 
Succeeding in business pt 2
Succeeding in business pt 2Succeeding in business pt 2
Succeeding in business pt 2
 
The Corporate Refugee Startup Guide Insights - USASBE Presentation
The Corporate Refugee Startup Guide Insights - USASBE PresentationThe Corporate Refugee Startup Guide Insights - USASBE Presentation
The Corporate Refugee Startup Guide Insights - USASBE Presentation
 
Ways for small business startup success
Ways for small business startup successWays for small business startup success
Ways for small business startup success
 
5 Suggestions to Building a More Successful Business
5 Suggestions to Building a More Successful Business5 Suggestions to Building a More Successful Business
5 Suggestions to Building a More Successful Business
 
Intro to entrepreneurs final
Intro to entrepreneurs finalIntro to entrepreneurs final
Intro to entrepreneurs final
 
Myriam Borg – Who is “Entrepreneur” And How You Can Become
Myriam Borg – Who is “Entrepreneur” And How You Can BecomeMyriam Borg – Who is “Entrepreneur” And How You Can Become
Myriam Borg – Who is “Entrepreneur” And How You Can Become
 
James Sinclair - The Millionaire Clown
James Sinclair - The Millionaire ClownJames Sinclair - The Millionaire Clown
James Sinclair - The Millionaire Clown
 
Is Small Business Ownership a Good Fit Presentation
Is Small Business Ownership a Good Fit PresentationIs Small Business Ownership a Good Fit Presentation
Is Small Business Ownership a Good Fit Presentation
 
21 great ways to succeed
21 great ways to succeed21 great ways to succeed
21 great ways to succeed
 
How to Start, run, and grow a Small Business.pptx
How to Start, run, and grow a Small Business.pptxHow to Start, run, and grow a Small Business.pptx
How to Start, run, and grow a Small Business.pptx
 
Landing your Dream Job in Tech
Landing your Dream Job in TechLanding your Dream Job in Tech
Landing your Dream Job in Tech
 
Why most entrepreneurs fail
Why most entrepreneurs failWhy most entrepreneurs fail
Why most entrepreneurs fail
 
Gameplan JEUNESSE GLOBAL 2015
Gameplan JEUNESSE GLOBAL 2015Gameplan JEUNESSE GLOBAL 2015
Gameplan JEUNESSE GLOBAL 2015
 
Jeunesse Global Gameplan
Jeunesse Global GameplanJeunesse Global Gameplan
Jeunesse Global Gameplan
 
Jeunesse Global Game Plan | Worksheets and Checklists
Jeunesse Global Game Plan | Worksheets and ChecklistsJeunesse Global Game Plan | Worksheets and Checklists
Jeunesse Global Game Plan | Worksheets and Checklists
 

Mehr von Arise Roby

How to live your Life Quotes Holistically & Ecstatically and Peacefully aris...
How to live your Life Quotes  Holistically & Ecstatically and Peacefully aris...How to live your Life Quotes  Holistically & Ecstatically and Peacefully aris...
How to live your Life Quotes Holistically & Ecstatically and Peacefully aris...Arise Roby
 
Master kids ariseroby
Master kids ariserobyMaster kids ariseroby
Master kids ariserobyArise Roby
 
8 shape walk ariserobydreams-converted
8 shape walk   ariserobydreams-converted8 shape walk   ariserobydreams-converted
8 shape walk ariserobydreams-convertedArise Roby
 
Good deeds children 2020 converted
Good deeds children 2020 convertedGood deeds children 2020 converted
Good deeds children 2020 convertedArise Roby
 
Children exercise ariserobydreams Delhi Robert maria Vincent 2020
Children exercise ariserobydreams Delhi Robert maria Vincent 2020Children exercise ariserobydreams Delhi Robert maria Vincent 2020
Children exercise ariserobydreams Delhi Robert maria Vincent 2020Arise Roby
 
Aathichudi by avviyar converted
Aathichudi by avviyar convertedAathichudi by avviyar converted
Aathichudi by avviyar convertedArise Roby
 
A leader how is born inborn or borne ariserobydreams leader-converted
A leader    how is born inborn or borne ariserobydreams leader-convertedA leader    how is born inborn or borne ariserobydreams leader-converted
A leader how is born inborn or borne ariserobydreams leader-convertedArise Roby
 
Aa easy way resume attraction - jobs quickly -ariserobydreams-converted
Aa easy way   resume attraction - jobs quickly -ariserobydreams-convertedAa easy way   resume attraction - jobs quickly -ariserobydreams-converted
Aa easy way resume attraction - jobs quickly -ariserobydreams-convertedArise Roby
 
A a interview skills ariserobydreams converted
A a interview skills ariserobydreams  convertedA a interview skills ariserobydreams  converted
A a interview skills ariserobydreams convertedArise Roby
 
Golden quote 2020 converted.pdf life rules ariserobydreams 2020
Golden quote 2020 converted.pdf life rules ariserobydreams 2020Golden quote 2020 converted.pdf life rules ariserobydreams 2020
Golden quote 2020 converted.pdf life rules ariserobydreams 2020Arise Roby
 
Mind control.ppt ariserobydreams converted # Buddha #Vivekanandha
Mind control.ppt ariserobydreams converted # Buddha #VivekanandhaMind control.ppt ariserobydreams converted # Buddha #Vivekanandha
Mind control.ppt ariserobydreams converted # Buddha #VivekanandhaArise Roby
 
Assertive vs aggressive ariserobydreams2020
Assertive         vs          aggressive  ariserobydreams2020Assertive         vs          aggressive  ariserobydreams2020
Assertive vs aggressive ariserobydreams2020Arise Roby
 
Positive talkxxx vs negative talkxxx ariserobydreams.-converted =
Positive talkxxx vs negative talkxxx   ariserobydreams.-converted = Positive talkxxx vs negative talkxxx   ariserobydreams.-converted =
Positive talkxxx vs negative talkxxx ariserobydreams.-converted = Arise Roby
 
My dream office ariserobydreams robert maria vincent-converted
My dream office ariserobydreams   robert maria vincent-convertedMy dream office ariserobydreams   robert maria vincent-converted
My dream office ariserobydreams robert maria vincent-convertedArise Roby
 
Office politics tackle ariserobydreams-converted
Office politics   tackle ariserobydreams-convertedOffice politics   tackle ariserobydreams-converted
Office politics tackle ariserobydreams-convertedArise Roby
 
HOW TO FOCUS GOALS arise roby dreams 8# Modie goals for students#CAREER SUC...
 HOW TO FOCUS GOALS  arise roby dreams 8# Modie goals for students#CAREER SUC... HOW TO FOCUS GOALS  arise roby dreams 8# Modie goals for students#CAREER SUC...
HOW TO FOCUS GOALS arise roby dreams 8# Modie goals for students#CAREER SUC...Arise Roby
 
Aaaarise roby jobs miet placement final coding & decoding rmv2020 3 days
Aaaarise roby jobs  miet placement final coding & decoding rmv2020 3 daysAaaarise roby jobs  miet placement final coding & decoding rmv2020 3 days
Aaaarise roby jobs miet placement final coding & decoding rmv2020 3 daysArise Roby
 
Gen z club 2020 arise roby - M.I.E.T. Training & Placement robert maria # Pla...
Gen z club 2020 arise roby - M.I.E.T. Training & Placement robert maria # Pla...Gen z club 2020 arise roby - M.I.E.T. Training & Placement robert maria # Pla...
Gen z club 2020 arise roby - M.I.E.T. Training & Placement robert maria # Pla...Arise Roby
 
Miet engineering placement 2019 robert maria vincent all x
Miet engineering placement 2019   robert maria vincent all xMiet engineering placement 2019   robert maria vincent all x
Miet engineering placement 2019 robert maria vincent all xArise Roby
 
Arise#dreams industry institute partnshp m.i.e.t. arise roby head t & ...
Arise#dreams industry institute  partnshp   m.i.e.t. arise roby head t & ...Arise#dreams industry institute  partnshp   m.i.e.t. arise roby head t & ...
Arise#dreams industry institute partnshp m.i.e.t. arise roby head t & ...Arise Roby
 

Mehr von Arise Roby (20)

How to live your Life Quotes Holistically & Ecstatically and Peacefully aris...
How to live your Life Quotes  Holistically & Ecstatically and Peacefully aris...How to live your Life Quotes  Holistically & Ecstatically and Peacefully aris...
How to live your Life Quotes Holistically & Ecstatically and Peacefully aris...
 
Master kids ariseroby
Master kids ariserobyMaster kids ariseroby
Master kids ariseroby
 
8 shape walk ariserobydreams-converted
8 shape walk   ariserobydreams-converted8 shape walk   ariserobydreams-converted
8 shape walk ariserobydreams-converted
 
Good deeds children 2020 converted
Good deeds children 2020 convertedGood deeds children 2020 converted
Good deeds children 2020 converted
 
Children exercise ariserobydreams Delhi Robert maria Vincent 2020
Children exercise ariserobydreams Delhi Robert maria Vincent 2020Children exercise ariserobydreams Delhi Robert maria Vincent 2020
Children exercise ariserobydreams Delhi Robert maria Vincent 2020
 
Aathichudi by avviyar converted
Aathichudi by avviyar convertedAathichudi by avviyar converted
Aathichudi by avviyar converted
 
A leader how is born inborn or borne ariserobydreams leader-converted
A leader    how is born inborn or borne ariserobydreams leader-convertedA leader    how is born inborn or borne ariserobydreams leader-converted
A leader how is born inborn or borne ariserobydreams leader-converted
 
Aa easy way resume attraction - jobs quickly -ariserobydreams-converted
Aa easy way   resume attraction - jobs quickly -ariserobydreams-convertedAa easy way   resume attraction - jobs quickly -ariserobydreams-converted
Aa easy way resume attraction - jobs quickly -ariserobydreams-converted
 
A a interview skills ariserobydreams converted
A a interview skills ariserobydreams  convertedA a interview skills ariserobydreams  converted
A a interview skills ariserobydreams converted
 
Golden quote 2020 converted.pdf life rules ariserobydreams 2020
Golden quote 2020 converted.pdf life rules ariserobydreams 2020Golden quote 2020 converted.pdf life rules ariserobydreams 2020
Golden quote 2020 converted.pdf life rules ariserobydreams 2020
 
Mind control.ppt ariserobydreams converted # Buddha #Vivekanandha
Mind control.ppt ariserobydreams converted # Buddha #VivekanandhaMind control.ppt ariserobydreams converted # Buddha #Vivekanandha
Mind control.ppt ariserobydreams converted # Buddha #Vivekanandha
 
Assertive vs aggressive ariserobydreams2020
Assertive         vs          aggressive  ariserobydreams2020Assertive         vs          aggressive  ariserobydreams2020
Assertive vs aggressive ariserobydreams2020
 
Positive talkxxx vs negative talkxxx ariserobydreams.-converted =
Positive talkxxx vs negative talkxxx   ariserobydreams.-converted = Positive talkxxx vs negative talkxxx   ariserobydreams.-converted =
Positive talkxxx vs negative talkxxx ariserobydreams.-converted =
 
My dream office ariserobydreams robert maria vincent-converted
My dream office ariserobydreams   robert maria vincent-convertedMy dream office ariserobydreams   robert maria vincent-converted
My dream office ariserobydreams robert maria vincent-converted
 
Office politics tackle ariserobydreams-converted
Office politics   tackle ariserobydreams-convertedOffice politics   tackle ariserobydreams-converted
Office politics tackle ariserobydreams-converted
 
HOW TO FOCUS GOALS arise roby dreams 8# Modie goals for students#CAREER SUC...
 HOW TO FOCUS GOALS  arise roby dreams 8# Modie goals for students#CAREER SUC... HOW TO FOCUS GOALS  arise roby dreams 8# Modie goals for students#CAREER SUC...
HOW TO FOCUS GOALS arise roby dreams 8# Modie goals for students#CAREER SUC...
 
Aaaarise roby jobs miet placement final coding & decoding rmv2020 3 days
Aaaarise roby jobs  miet placement final coding & decoding rmv2020 3 daysAaaarise roby jobs  miet placement final coding & decoding rmv2020 3 days
Aaaarise roby jobs miet placement final coding & decoding rmv2020 3 days
 
Gen z club 2020 arise roby - M.I.E.T. Training & Placement robert maria # Pla...
Gen z club 2020 arise roby - M.I.E.T. Training & Placement robert maria # Pla...Gen z club 2020 arise roby - M.I.E.T. Training & Placement robert maria # Pla...
Gen z club 2020 arise roby - M.I.E.T. Training & Placement robert maria # Pla...
 
Miet engineering placement 2019 robert maria vincent all x
Miet engineering placement 2019   robert maria vincent all xMiet engineering placement 2019   robert maria vincent all x
Miet engineering placement 2019 robert maria vincent all x
 
Arise#dreams industry institute partnshp m.i.e.t. arise roby head t & ...
Arise#dreams industry institute  partnshp   m.i.e.t. arise roby head t & ...Arise#dreams industry institute  partnshp   m.i.e.t. arise roby head t & ...
Arise#dreams industry institute partnshp m.i.e.t. arise roby head t & ...
 

Kürzlich hochgeladen

PDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdfPDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdfHajeJanKamps
 
Building Your Personal Brand on LinkedIn - Expert Planet- 2024
 Building Your Personal Brand on LinkedIn - Expert Planet-  2024 Building Your Personal Brand on LinkedIn - Expert Planet-  2024
Building Your Personal Brand on LinkedIn - Expert Planet- 2024Stephan Koning
 
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdf
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdfTalent Management research intelligence_13 paradigm shifts_20 March 2024.pdf
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdfCharles Cotter, PhD
 
The End of Business as Usual: Rewire the Way You Work to Succeed in the Consu...
The End of Business as Usual: Rewire the Way You Work to Succeed in the Consu...The End of Business as Usual: Rewire the Way You Work to Succeed in the Consu...
The End of Business as Usual: Rewire the Way You Work to Succeed in the Consu...Brian Solis
 
PDT 88 - 4 million seed - Seed - Protecto.pdf
PDT 88 - 4 million seed - Seed - Protecto.pdfPDT 88 - 4 million seed - Seed - Protecto.pdf
PDT 88 - 4 million seed - Seed - Protecto.pdfHajeJanKamps
 
MC Heights construction company in Jhang
MC Heights construction company in JhangMC Heights construction company in Jhang
MC Heights construction company in Jhangmcgroupjeya
 
TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...
TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...
TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...TalentView
 
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdf
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdfGraham and Doddsville - Issue 1 - Winter 2006 (1).pdf
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdfAnhNguyen97152
 
UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISING
UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISINGUNLEASHING THE POWER OF PROGRAMMATIC ADVERTISING
UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISINGlokeshwarmaha
 
Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access
 
Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024Borderless Access
 
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003believeminhh
 
Ethical stalking by Mark Williams. UpliftLive 2024
Ethical stalking by Mark Williams. UpliftLive 2024Ethical stalking by Mark Williams. UpliftLive 2024
Ethical stalking by Mark Williams. UpliftLive 2024Winbusinessin
 
Fabric RFID Wristbands in Ireland for Events and Festivals
Fabric RFID Wristbands in Ireland for Events and FestivalsFabric RFID Wristbands in Ireland for Events and Festivals
Fabric RFID Wristbands in Ireland for Events and FestivalsWristbands Ireland
 
Entrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizationsEntrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizationsP&CO
 
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for BusinessQ2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for BusinessAPCO
 
AMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdf
AMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdfAMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdf
AMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdfJohnCarloValencia4
 
MoneyBridge Pitch Deck - Investor Presentation
MoneyBridge Pitch Deck - Investor PresentationMoneyBridge Pitch Deck - Investor Presentation
MoneyBridge Pitch Deck - Investor Presentationbaron83
 
BCE24 | Virtual Brand Ambassadors: Making Brands Personal - John Meulemans
BCE24 | Virtual Brand Ambassadors: Making Brands Personal - John MeulemansBCE24 | Virtual Brand Ambassadors: Making Brands Personal - John Meulemans
BCE24 | Virtual Brand Ambassadors: Making Brands Personal - John MeulemansBBPMedia1
 
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdf
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdfChicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdf
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdfSourav Sikder
 

Kürzlich hochgeladen (20)

PDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdfPDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdf
 
Building Your Personal Brand on LinkedIn - Expert Planet- 2024
 Building Your Personal Brand on LinkedIn - Expert Planet-  2024 Building Your Personal Brand on LinkedIn - Expert Planet-  2024
Building Your Personal Brand on LinkedIn - Expert Planet- 2024
 
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdf
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdfTalent Management research intelligence_13 paradigm shifts_20 March 2024.pdf
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdf
 
The End of Business as Usual: Rewire the Way You Work to Succeed in the Consu...
The End of Business as Usual: Rewire the Way You Work to Succeed in the Consu...The End of Business as Usual: Rewire the Way You Work to Succeed in the Consu...
The End of Business as Usual: Rewire the Way You Work to Succeed in the Consu...
 
PDT 88 - 4 million seed - Seed - Protecto.pdf
PDT 88 - 4 million seed - Seed - Protecto.pdfPDT 88 - 4 million seed - Seed - Protecto.pdf
PDT 88 - 4 million seed - Seed - Protecto.pdf
 
MC Heights construction company in Jhang
MC Heights construction company in JhangMC Heights construction company in Jhang
MC Heights construction company in Jhang
 
TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...
TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...
TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...
 
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdf
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdfGraham and Doddsville - Issue 1 - Winter 2006 (1).pdf
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdf
 
UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISING
UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISINGUNLEASHING THE POWER OF PROGRAMMATIC ADVERTISING
UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISING
 
Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024
 
Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024
 
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
 
Ethical stalking by Mark Williams. UpliftLive 2024
Ethical stalking by Mark Williams. UpliftLive 2024Ethical stalking by Mark Williams. UpliftLive 2024
Ethical stalking by Mark Williams. UpliftLive 2024
 
Fabric RFID Wristbands in Ireland for Events and Festivals
Fabric RFID Wristbands in Ireland for Events and FestivalsFabric RFID Wristbands in Ireland for Events and Festivals
Fabric RFID Wristbands in Ireland for Events and Festivals
 
Entrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizationsEntrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizations
 
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for BusinessQ2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
 
AMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdf
AMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdfAMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdf
AMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdf
 
MoneyBridge Pitch Deck - Investor Presentation
MoneyBridge Pitch Deck - Investor PresentationMoneyBridge Pitch Deck - Investor Presentation
MoneyBridge Pitch Deck - Investor Presentation
 
BCE24 | Virtual Brand Ambassadors: Making Brands Personal - John Meulemans
BCE24 | Virtual Brand Ambassadors: Making Brands Personal - John MeulemansBCE24 | Virtual Brand Ambassadors: Making Brands Personal - John Meulemans
BCE24 | Virtual Brand Ambassadors: Making Brands Personal - John Meulemans
 
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdf
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdfChicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdf
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdf
 

Challenges faced by first generation entrepreneur mamcet robert placement cdp

  • 1. Challenges faced by first generation entrepreneur in India ROBERT MARIA VINCENT - HEAD - CDP
  • 2. Entrepreneurship is trend of the day. Just recently IITans have rejected offers of a job that would have paid them in 8 figures. This is not new and has been going for quite some time now. For various reasons youth today is more inclined towards entrepreneurship. Business environment is also more conducive than before. Still for first generation entrepreneurs challenges remain the same. ROBERT MARIA VINCENT - HEAD - CDP
  • 3. 1. No prior experience of doing business • Are they first in the history of their family who is going to start a business. • So no experiential input is available to them from closest people. • They might have gained some industry experience by working for few years still doing your own business is completely different ball game. • And unlike in your job where your boss and seniors mentored you in your business there might be no body to guide you for quite some time. ROBERT MARIA VINCENT - HEAD - CDP
  • 4. 2. Financial and legal complexities in India • In India it is evident that most of the rules and policies laid down by government or private agencies generally works against you especially if you are first generation entrepreneur. • Raising fund is biggest challenge and grasping all the evil law that have been made to eat your money even before you start making profits is quite a challenge. • If you go for professional help outside then again you need to pay money for their service which you never have unless you have access to a big bank balance of your own or your family. ROBERT MARIA VINCENT - HEAD - CDP
  • 5. Corruption that prevails all over discouraging entrepreneurs big time Whether you choose to go for service or product that you will offer the moment you have to deal with the stake holders of your business be it vendor, a high ranked officer in a company or whosoever you find it difficult to get through them in order to build what you really set to build. Then you realize that major chunk of your effort is wasted in dealing with these people in place of focusing on your targets. Whether you decide to be a part of corruption or go against it in both the cases it is very challenging job for first generation entrepreneur. ROBERT MARIA VINCENT - HEAD - CDP
  • 6. Building strong team and retaining them for sufficient time • After managing all the hustles noted above your second line of challenge starts right there. You want to have a great team but you cannot pay them much or sometime you cannot pay them at all. • Now many if not all job seeker sitting in a college is looking for big brand, fat salary, bright and secure future from day one. • You don't know how to pitch your idea and philosophy to them so that they are ready to work and stay with you even when you are not offering them what established companies would offer them. ROBERT MARIA VINCENT - HEAD - CDP
  • 7. You might be an issue yourself too Huge expectations in your family from you and you showed them big dreams coming true while you discussed your business idea with them. • Now when you start facing external challenges if you are internally not well settled then you will be a challenge to handle for yourself too. • You need to be cool headed, strongly determined and extremely passionate about your work as a first generation entrepreneur in order to face all the challenges except you. ROBERT MARIA VINCENT - HEAD - CDP
  • 8. Its not BIG FISH eating small fish SWIFT FISH eating SLOW FISH ROBERT MARIA VINCENT - HEAD - CDP
  • 9. All you need • TRUST – On yourself and on your employees • Self – Confidence – To overcome all hurdles. • Expect the unexpected. • A good Team the ultimate elixir for any business ROBERT MARIA VINCENT - HEAD - CDP
  • 10. Finance - Business ROBERT MARIA VINCENT - HEAD - CDP
  • 11. • Finance is like a FURNACE if you can handle it good you can make wonderful dishes. • If not it will be a hot seat for you to sit. ROBERT MARIA VINCENT - HEAD - CDP