Today, young entrepreneurs are mostly concerned about the risks that come with new businesses, including funding, staff, and success rate. Indeed, a large number of business owners rely on loans to keep the company operational and often have to use their personal funds to tie some loose ends. However, loans also help them expand their business and achieve more within their industries.
Finding high-quality staff is no easy task, which is why many owners decide to go it alone, at least for a while. It is necessary to understand that the entrepreneurship failure rate has never been lower, with only 20% of businesses closing after a year. All this is possible when the mindset changes from the culture doers to the providers.
By encouraging our children to run with their imagination and use it to think up new products, services, or improvements on current ones, we are helping them exercise their entrepreneurial muscle. This is a great way to put them into an entrepreneurial mindset, and by the time they are an adolescent or teen, they may be coming up with ideas good enough to turn into real businesses. Entrepreneurship should start at a young age, thereby their ideas and dynamics will have a great shelf life, and also the venture can sustain the ever-growing markets.
Sorry we are currently not available in your region. Alternatively you can purchase from our partners
Write your review for this book (optional)
Review Deleted
Your review has been deleted and won’t appear on the book anymore.Sorry we are currently not available in your region. Alternatively you can purchase from our partners
Dr M Ambashankar, Prof Ambika Venkatesh
Dr Mysore Ambashankar is a Core Professor @ AIMS-IBS Bangalore and also The Dean and Director – of Academics of Gupta College of Management and Technology, Bangalore specializing in Corporate Strategy, Organizational Behaviour, and Marketing apart from other management subjects.
Prof M Ambashankar is an Engineering Professional and has to his credit PhD and DSc in Management and Organizational Psychology respectively. Has more than four decades of combined experience in Corporates and Academia, and Prof M Ambashankar has authored dozens of books facilitating Engineers and Management Graduates and also has published peer-reviewed scholarly research work in International Magazines. He brings into the classroom his experience of doing business across the globe. He is a native of Mysore and presently stays in Bangalore.
Prof Ambika Venkatesh has 23 years of experience out of which she has spent around 1o Year in the corporate HR & Marketing domain. She served in reputed organizations like APTECH, ARENA Multimedia, IIHT, and K10 Technologies in various capacities.
Her first book on Corporate Governance and Ethics was recommended by Bangalore University in 2009. Currently, she is the Executive Director at AIMS IBS Business School managing different departments. She is also a research scholar at the Swiss School of Management, Switzerland and her research is on the Role of Artificial Intelligence in HR with specific sectors like Banking, Finance, and IT.
