Tuesday, December 3, 2019

EMC Notes


1.     What is Entrepreneurship?
Entrepreneurship is the process of designing, launching and running a new business, which is often initially a small business. The people who create these businesses are called entrepreneurs. Entrepreneurship has been described as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit.
2.     What is Entrepreneurship Mindset?
Entrepreneurial mindset: a way of thinking that enables you to overcome challenges, be decisive, and accept responsibility for your outcomes. It is a constant need to improve your skills, learn from your mistakes, and take continuous action on your ideas.
3.     What are the characteristics of the entrepreneurial mindset?
Generally, successful entrepreneurs are hard workers, and they also enjoy what they are doing. They are dedicated, driven, and focused. They are goal oriented and have a strong attention to detail. They are typically highly organized and have seemingly boundless energy.
4.     How do you develop an entrepreneurial mindset?
The Entrepreneur Mindset of 10 Successful Entrepreneurs

1. Reach Out to Customers First

2. Find a New Market for an Existing Product

3. Use Networking to Build Your Business

4. Give without Expecting a Return

5. Keep Control of Your Vision

6. Understand the Power of Brand

7. Focus Your Energy on what’s good for Your Business

8. Always Maintain Quality Control

9. Set Your Product Apart

10. Take Ownership


5.     Why is an entrepreneurial mindset important?
Being willing to take risks and accept failure is a unique skill that isn't relevant solely in the business world. Incorporating an entrepreneurial mindset into your everyday life will help you to minimize the importance of failure and rejection in your life. In turn, this will help you to better run your business

6.     What are the 4 types of entrepreneurship?
It turns out that there are four distinct types of entrepreneurial organizations; small businesses, scalable startups, large companies and social entrepreneurs. They all engage in entrepreneurship.
7.     What are the 12 characteristics of successful entrepreneurs?
1. They take what they do seriously.
2. They make it all about the customer
3. They make the big decisions carefully.
4. They aren’t scared of the road less traveled.
5. They harness technology.
6. They invest in themselves.
7. They are constantly learning.
8. They’re not afraid of risks
9. They’re willing to experience failure
10. They adapt to the current needs of the customer and market
11. They know how to sell themselves
12. They network, network, network
8.     What is Entrepreneurship Mindset Curriculum?
Delhi Deputy Chief Minister Manish Sisodia has said that Delhi Government’s flagship programme 'Entrepreneurship Mindset Curriculum' will help the state tide over the concerns regarding economic slowdown and unemployment. He made this statement while interacting with over 140 entrepreneurs at a session on the topic of Delhi’s role in the National Economy. The event was held at Delhi Secretariat.   
Delhi Government launched the Entrepreneurship Mindset Curriculum Framework for government schools in February 2019. The programme has been conceptualized as a scheme that will bring about a paradigm shift in the school education system by helping students develop an Entrepreneurship mindset which is inclined to develop successful and profitable businesses. As part of the programme, Delhi government will also provide seed capital worth Rs. 1,000 class XI and XII students, and 5,000 to college students.
Delhi government will implement Entrepreneurship Mindset curriculum in 1,022 government schools for students from classes IX to XII.


9.     List of top 10 Entrepreneurs of India
            1).   DHIRUBHAI AMBANI-RELIANCE.
            2).   RATAN TATA-TATA GROUPS.
            3).   NARAYANA MURTHY-INFOSYS.
            4).   AZIM H. PREMJI-WIPRO.
            5).   Lakshmi Mittal-ARCELOR.
            6).   DR. VERGHESE KURIEN-AMUL.
            7).   ANAND MAHINDRA-MAHINDRA GROUP.
            8).   SHIVA NADAR-HCL.
            9).   JAMNALAL BAJAJ AND RAHUL BAJAJ-BAJAJ AUTO
10).   SUNIL MITTAL-BHARATHI ENTERPRISES

10.  Top 10 Young Indian Entrepreneurs 2019
1).   Ritesh Agarwal - OYO rooms
2).   Trishneet Arora -CEO of cyber security startup TAC Security Solutions.
At the age of 25, Trishneet Arora (Young Indian Entrepreneur) is an author, a self-described friendly hacker and the founder and CEO of cyber security startup TAC Security Solutions. The India-based company performs Vulnerability Assessment and Penetration Testing for corporates identifying weaknesses in their cyber security. He has received funding from angel investor Vijay Kedia and support from former VP of IBM, William May. In 2017, Arora was listed among the 50 Most Influential Young Indians by GQ Magazine, while August 25, 2017 was proclaimed “Trishneet Arora Day”, by the Mayor of Santa Fe, New Mexico.
3).   Sreelakshmi Suresh – eDesign
A name to remember, Sreelakshmi Suresh (Young Indian Entrepreneur), the youngest web designer and CEO in the world has many accolades to her name. A recipient of many national and international awards, she started climbing the success ladder at the mere age of 10, when she established eDesign — a venture which is now a web designing company that offers SEO, web design, and other web — related services. Sreelakshmi has developed over 100 websites for renowned institutions and organizations across India!
4).   Akhilendra Sahu
At the age of 17, Akhilendra Sahu (Young Indian Entrepreneur) is the Founder & CEO of ASTNT Technologies Pvt Ltd . & Technical Next Technologies . ASTNT India based company provide digital marketing , website development , app development seo like services , Technical Next Technologies Provide best webhosting solution india.& Akhilendra have many sub brands , apps published on google play store .Akhilendra ranked no.1 web designer in madhya pradesh india.
5).   King Siddharth
He is popular for his designs, philosophy and is a regular speaker across various college events.


6).   Kavita Shukla
Kavita Shukla’s company, Fenugreen, cost little more than a kid’s science project.
7).   Shravan and Sanjay Kumaran
Shravan and Sanjay (Young Indian Entrepreneur), siblings aged 17 and 15 respectively are the youngest upcoming entrepreneurs of India. Together, they are the brain behind GoDimensions. The aim of the company is to develop a simple technological solution for the digital world. They are the youngest Mobile Application Developers in India.
8).   Tilak Mehta
Tilak Mehta (Young Indian Entrepreneur), a 13-year-old boy, who launched his company Papers N Parcels in 2018, to ease courier services in Mumbai. Known as “Papers N Parcels“, his startup is dedicated to carrying small parcels and papers within Mumbai for an assured intra-day delivery.Tilak Mehta is like any other Mumbai teenager. The 13-year-old attends a suburban school studying in Class VIII, and rues about his father coming home from work late and tired.But the similarities stop there.

9).   Advait Thakur
Advait (Young Indian Entrepreneur)16-year-old Indian tech prodigy, who started using computers at age six, launched his first website at age nine, and has been working with Google’s AI and Cloud Platform for a couple of years now. Advait Thakur is an Indian computer programmer and Teenage Internet entrepreneur. He is the founder of Apex Infosys India , and is currently its chief executive officer. He is Google, Bing and Hubspot Certified Professional. Ranked 4th in Wikia’s Young Entrepreneurs Under 20 list of 2017, Advait is in a different league from the average pre-teen.
10).    Indrajeet Singh
Indrajeet Singh is a founder of iQuanta and is the youngest entrepreneur of  India who hails from Bihar. He has made it big in the Education Industry. He has inspired many from being a small-town guy to becoming a successful entrepreneur. His revolutionary ideas and ability to solve a complex quant problem named him ‘Wizard of Quant’. He started a humble beginning and now he is the CEO of a successful online CAT Preparation behemoth.







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