Today MYIDentityforwomen conducted an interactive session on how women can become entrepreneurs.
Mr.Parthasarathy, entrepreneur, mentor threw light on many topics.
He also discussed various business options that women can start.
He talked about 'Lakshmi syndrome'. This is referred to the concept that when there are so many oppurtunities around us, we fail to see them and search for an ideal one.
The following are the some of steps that needs to be taken into mind before starting any venture.
1. Gap analysis and research: What is the requirement in today's world. There are so many businesses that give us solution, still there are so many gaps that are not addressed. Identify that gap and research on that.
2. Brainstorm the ideas with your friends, relatives, colleagues. Get their inputs. You will be amazed at the questions that they are asking on that product or service whatever you are launching. This makes you ready to answer questions from anywhere.
3. Assess what skills you have to produce that market or service and if you have the expertise to do it. Personality traits plays a key role here.
4. Build a solution model based on your research and collect data on how to actually implement it.
5. Prepare a project report that talks about the implementation, cost and the Return on Investment.
6. Start selling your concept to Venture capitalist, angel investors or banks to get your funding.
Mr.Parthasarathy, entrepreneur, mentor threw light on many topics.
He also discussed various business options that women can start.
He talked about 'Lakshmi syndrome'. This is referred to the concept that when there are so many oppurtunities around us, we fail to see them and search for an ideal one.
The following are the some of steps that needs to be taken into mind before starting any venture.
1. Gap analysis and research: What is the requirement in today's world. There are so many businesses that give us solution, still there are so many gaps that are not addressed. Identify that gap and research on that.
2. Brainstorm the ideas with your friends, relatives, colleagues. Get their inputs. You will be amazed at the questions that they are asking on that product or service whatever you are launching. This makes you ready to answer questions from anywhere.
3. Assess what skills you have to produce that market or service and if you have the expertise to do it. Personality traits plays a key role here.
4. Build a solution model based on your research and collect data on how to actually implement it.
5. Prepare a project report that talks about the implementation, cost and the Return on Investment.
6. Start selling your concept to Venture capitalist, angel investors or banks to get your funding.
No comments:
Post a Comment