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Friday, May 25th

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Entrepreneurship is a flow

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Entrepreneurs move from one state to the other in their relentless journey

Successful entrepreneurship is an oxymoron. In this issue, you will read Anurag Batra talking about Contented Entrepreneurs bringing an interesting perspective.

Entrepreneurship is not a goal. It does not have a beginning or an end. It is a

flow. When we talk of an entrepreneur being successful we are actually talking about her state at a particular point in time. Entrepreneurs move from one state to another state. In the beginning they are dreaming, optimistic and then they are on a mission to execute. Some other time they are intense about getting funding or seeing a deal through. yet another point in time they are hostile or benevolent.

For an entrepreneur, the journey never ends; Always scouting for opportunities, measuring risks, readying resources, managing crisis, closing down ventures, throwing oneself in new ventures - an entrepreneur’s journey is ardous, relentless and adventurous.

Yet most of us attach a high glamour value to entrepreneurship. However, we balk the moment we see the hard work hiding behind that eye-candy picture. I still remember a booklet I had read about “Being Your Own Boss,” when I was in college. It talked all about setting up a unit, getting permits, raising bank loans, fi nding suppliers and buyers. I do remember telling myself, “I can’t do all that.”

Today, we have forums, get-togethers where people freely exchange ideas. There are competitions, venture capital clinics, credit guarantee funds, marketplace match makers and online exchanges. Life of an entrepreneurs have changed forever. Yet only a handful of entrepreneurs fi nd the scale that pitch them from being also-ran to path-breaking.

Recognizing the fact that it so hard for people to make this quantum jump, Dare is launching a program to identify 50 Inspiring entrepreneurs who have shown exemplary vision and leadership in building a business and taking it to a position where they are now ready for the next quantum jump. Please read our announcement of this program on pages 20 to 22.

As part of this initiative we will be going to the nooks and corners of the country scouring for inspirational stories. Stories that may be far more effective than “Be Your Own Boos” booklet and stand as a beacon to legions of new entrepreneurs in India.

Prashanth Hebbar
Interact with me on Twitter @phebbar

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