How to become an entrepreneur after 12th? Career in entrepreneurship

How to become an entrepreneur after 12th?

Many of us think that why the students always say that “I want to become ENGINEER”, “I wanna join CIVIL SERVICE”, “I wanna become DOCTOR” etc., but a student whose family income is low can’t say that “I wanna start a business or an Entrepreneurship”. Because Indian Family believes that Bussiness is the work of high class / rich family. There are many reasons which kill the dream of a middle-class student to start an entrepreneurship. The main reason can be the scarcity of sources of income. A majority of families are very very tight-fisted about providing you with resources, apart from that for your education (they'll take a loan for that, if necessary).

After completing your college, you may belong to a "good family", educated and all, great things will be expected from you in the education field. But if you ask for some amount of money from your parents to set up your company and you'll find what I am talking about. If they don't have it, that's alright, but in about 90% of cases, they will tell you to "get a job", even if they can help you.

If you are born in a middle-class family then also you can become a successful entrepreneur. Here are some successful entrepreneurs who first belong to a middle-class family but now they are known as great entrepreneurs. To name a few 

• The POLYESTER PRINCE who sold bhajia at village fair: DHIRUBHAI AMBANI
• The poor Ukrainian immigrant who becomes a SILICON VALLEY MOGUL: JAN KOUM
• The RETAIL GIANT who had to milk cows, sell newspapers: SAMUEL WALTON

Just like them, there are many successful entrepreneurs who are not rich when they started their careers.

Now, what exactly an entrepreneur means?

So, an entrepreneur is the one who undertakes a venture, organize it, raises capital to finance it, and assumes the whole or major part of taking a risk to operate a business. In other words, entrepreneurship is the process of giving birth to a new business.

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How to start a career as an Entrepreneur?

THE life of an entrepreneur is very challenging. One needs to be hard-working, social, persistent, smart, creative, willing to take risks, and extremely good at managing relationships.

 

The scope in the field of entrepreneurship is very wide. After completing your degree, you can start your business firm. Entrepreneurship in INDIA is tremendous. However, the youths are very much interested to start their entrepreneurship journey. In recent years, there had been a clump of students who turning towards entrepreneurship to bring their ideas into action. Many education institutes i.e. universities & college’s are encouraging such students who want to pursue their careers in entrepreneurship by providing such courses, apart from providing the old & traditional business management degree.

COURSES & DURATION

Now we will discuss the courses which we need to pursue to start a career as an entrepreneur. There are many courses which can we pursue such as diploma, certificate, under-graduate (UG), and post-graduate (PG) programs in this field.

Some most sought courses for this field are listed below:-

 

COURSES

1.      Diploma in Entrepreneurship 2.      Certificate course in Women Entrepreneurs 3.      Certificate in Entrepreneurship Management 4.      Post Graduate Diploma in Entrepreneurial Management, 5.      Post Graduate Diploma in Entrepreneurship 6.      BBA in Entrepreneurship 7.      MA in Social Entrepreneurship 8.      Master of Business Administration (MBA) in Entrepreneurship 9.      Master of Business Administration (MBA) in Family Business & Entrepreneurship

 

 After looking at these, the question may arise that, how can one pursue such courses/degree? Here let us explain the admission procedure & eligibility for these degrees.

BASIC ELIGIBILITY 

FOR UNDERGRADUATE COURSES:- To start with under-graduate courses, you can get admission after 12th or Higher Secondary Degree from any recognized institutions.

FOR POSTGRADUATE COURSE:- For admission in the master course, you should have to complete your bachelor’s degree (B.B.A.) in that specific field from any recognized university or college. For PG courses (M.B.A.) you should have to appear for entrance exams. Some of the entrance exams for admission in M.B.A. courses are mentioned below

• CAT
• MAT
• XAT
• CMAT
• GMAT

IMPORTANT FACTS

1. There is no minimum eligibility to become an entrepreneur.
2. Brilliant idea, execution skill and zeal is all that is needed.
3. A strong educational background can increase the probability of success.
4. Most top business schools in the country offer programs in Entrepreneurship and Family Business.

TOP ENTREPRENEURSHIP INSTITUTES IN INDIA

INSTITUTE	LOCATION	WEB-SITE
IIM Ahmedabad	Ahmedabad	https://www.iima.ac.in/
IIM Calcutta	Calcutta	www.iimcal.ac.in
Indian School of Business	Hyderabad	https://www.isb.edu/en.html
XLRI Jamshedpur	Jamshedpur	www.xlri.ac.in
S.P. Jain Institute of Management & Research	Mumbai	www.spjimr.org
Narsee Monjee Institute of Management Studies	Mumbai	nmcollege.in
IIM Bangalore, NSRCEL	Bangalore	www.nsrcel.org
Management Development Institute (MDI)	Gurgaon	www.mdi.ac.in
National Institute for Entrepreneurship & Small Business Developmentξ	Delhi	https://niesbud.nic.in/
Entrepreneurship Development Institute of India (EDI), Ahmedabad	Ahmedabad	www.ediindia.org
Xavier Institute of Management & Entrepreneurship (XIME)	Bangalore	xime.org

IMPORTANT ENTRANCE EXAM FOR PG COURSES

INSTITUTION	TENTATIVE DATE	WEB-SITE
CAT	December	iimcat.ac.in
MAT	Held four times a year-February, May ,September and December	https://mat.aima.in/feb21/
XAT	January	xatonline.in
SNAP	December	www.snaptest.org
NMAT	October to December	www.nmat.org
IIFT	November	iift.nta.nic.in

WHAT ARE THE CAREER SCOPES IN ENTREPRENEURSHIP?

Now, let’s discuss career scope in the field of entrepreneurship.

So, there are plenty of career options you will find in entrepreneurship. Graduating in the course of entrepreneurship gives you a chance for a foundation in the operation of finance, business management. Being an entrepreneur you can start your business firm, but if you are not able to do this, then you can work in the following field as a degree holder of entrepreneurship:-

• As a Company Recruiter

• As a Company Consultant

• As a Sales Manager

• As a Business Reporter

• As a Marketing Manager

• As a Financial Analyst

• As a Small Business Owner 

Here we have just talked about the basic needs or we can say that the basic eligibility to become an entrepreneur. But, the most important to it still didn’t have been elaborated. So now, we will discuss the characteristics that a person should require to become a successful entrepreneur and we will discuss that money is not the only thing to become a successful entrepreneur but the one with perfect skills and best characteristics that make him/her a successful entrepreneur.

CHARACTERISTICS OF AN ENTREPRENEUR

1. ABILITY TO TAKE RISKS:

According to one of the most successful entrepreneurs of all time, Mark Elliot Zuckerberg said, “Ability to take risks is key to become a successful entrepreneur. ”As we all know Mark Zuckerberg is one the youngest billionaire, this because he had taken the risk to start entrepreneurship at every young age. It’s the 1st step to start your career as an entrepreneur. One should know that there are maximum chances of failure to start this.

 

2. VISIONARY:

As an entrepreneur, having a great vision is like having a North Star that guides you towards achievement. An entrepreneur with a good vision propels a person in direction of success. For example:- Paytm owner recognized the gravity of demonetization (8 NOV 2016 ) in India and acknowledged that the need for online transactions will increase & that time they grow up massively so, because of that great visionary Paytm is now one the biggest online money transaction platform of India.

 

3. INNOVATION :

An entrepreneur should have to deal with the demands and new trends of people. An entrepreneur should have innovative ideas. As everyone watches that within some time, we see new & new features. Innovative ideas such as Artificial Intelligence is the new upcoming future of the world.

 

4. FLEXIBILITY:

The entrepreneur should not have to be rigid. They must have to flexible & change according to the situation. He needs to be adaptable to the new trends of the industry. For example:- Mark Zuckerberg has faced criticism over the privacy allegation of the people, so he caved according to the public opinion. He assured people to give more rights over their privacy. So, in this way, he quickly adapted to the situation and caved according to it.

 

So, ENTRENEURSHIP is neither a SCIENCE nor an ART. It is a PRACTICE.

THE SECRET OF GETTING AHEAD IS GETTING STARTED

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