Monday 22 August 2016

Enter The Entrepreneurship

India - The country which was struggling from the problem of Un-employment is now experiencing a new wave of start-ups.

Start up’s everywhere – from technology to food to fashion to grocery…..you can see young graduates armed with a laptop operating - from nowhere – zero capital investments and they are on….

The start-up wave in India is formed by a soaring high number of young-generation who is full of idea and new things in mind. India has the third highest number of start-ups in the world (an estimated 4200-4400 : as per a report by the country’s software lobby group Nasscom and Zinnov Consulting) Only the US and the UK have more than this.
Most of the founders – almost three out of every four – are under the age of 35, although in keeping with the poor track record of the technology space in terms of gender balance, only 9% of the founders (and co-founders) are women.

It is possible that India will overtake the UK in terms of number of start-ups (the UK has 4500-5000) next year. The US is far ahead (47,000-48,000). More than 65% of the start-ups are located in Bangalore, Mumbai, and Delhi and its environs. (Live Mint reports)
BUT, The number of failed startup is  also very high in India.
Around 80% start-ups fails in the first three years !

So what is causing that specific and high number of failures  ??
Is it the Idea..?
Is it the team..?
Is it the management..?
No, It's the mind set training which is missing.
The wave is there but that wave is not reaching to the shore. It is because the ripple is not properly contained and taken forward.

One needs to learn the art of riding these waves by professional surfers So their experiences can make you ride and take your ambition forward Even through stony ways.

The young millennial is too impatient to wait and to get the experience required to build a successful business but he is ready to learn that experience from a experienced mentor.

The Luxury Entrepreneurship Program is designed for those ambitious young's only.  Experience how Luxury Connect Can also contribute in making your venture a success & also help you participate in India's business future brighter, then It was ever before.

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