Identifying a relatively widespread problem, turning it into a solution and helping millions around the world—is that your dream? Welcome to the journey of an entrepreneur! But, what is entrepreneurship? We believe that it is learning the same things as everyone else but coming up with solutions that no one else can think of. The possibilities for creating solutions and delivering services to people are endless. All you need to to do is identify problems that the common man faces, just like these five entrepreneurs did:
Richa Kar, co-founder of Zivame
The idea of Zivame came to be when Richa was conducting research on the lingerie market in India. It was then that she realized that lingerie shopping in stores was a hassle for women in the country. She thought about the concept of online lingerie retailing after she met with a friend Kapil, whom she co-founded Zivame with.
Before Zivame, Richa has worked in the IT sector, Spencers and SAP retail consulting. The experience that she gained over the years helped fuel Zivame’s incredible growth.
Ritesh Agarwal, founder of OYO Rooms
Ritesh Agarwal is a man who backs his decision. A college dropout and one-time aspiring engineer, Ritesh heads one of the most valuable startups in the country today. He launched OYO Rooms with the key proposition of offering affordable and standardized accommodation in 2013, and has since grown to over 8,500 hotels in 230 cities including India, Malaysia, UAE, Nepal, China, and Indonesia.
Afraid that his family would end his entrepreneurial dreams, Ritesh initially started off by selling sim cards to survive! This 19-year old spent his time staying at budget hotels, attended customer calls every day and tasked himself with learning about budget hotel customers and their expectations.
Bhavish Aggarwal, co-founder of Ola Cabs
Bhavish completed his bachelor’s degree in Computer Science and Engineering from IIT, Bombay, after which he started working for Microsoft. After he quit, he started an online company sold short duration tours and holidays. While he was at it, he happened to rent a car from Bangalore to Bandipur and had a terrible experience. After a lot of research, he realised that a lot of people were looking for a quality cab service so he decided to start one himself; in January 2011 Bhavish founded OLA Cabs – an online transportation network company, with Ankit Bhati—that was valued at $3 billion as of April 2017.
Brian Chesky & Joe Gebbia, co-founders of Airbnb
The Airbnb founders’ story is one of the most inspiring entrepreneurial journeys of recent times. Against all the odds and to keep their company afloat, the founders had to resort to selling breakfast cereals. The Airbnb founders who had just shifted to New York were having a tough time paying their rent and were looking for a means to earn some extra money. They observed that all the hotels in the city were booked, since the Local Design Conference was underway. They saw this as an opportunity, bought a few airbeds and quickly put up a site called “Air Bed and Breakfast”. The Airbnb founders have since accomplished their dreams and managed to set up a $25 billion company, without investors and thousands of dollars of credit card debt.
Malini Agarwal, founder of missmalini.com
“Close your eyes and think of the one thing you would do for the rest of your life if nobody paid you to do it. Now that’s what you should be doing for a living. Once you find your voice and a unique gap in the market, you are likely to be successful at it.”
Malini is an entrepreneur, digital influencer, and bestselling author. She moved to Bombay with ₹40,000 and a dream. She started her career as a freelance emcee, copywriter, radio DJ at 92.5 FM Radio One and as a gossip columnist for Mid-Day before moving on to Head of Digital Content for Channel V. On a friend’s advice, Malini started blogging in 2008 and today, she’s India’s first and most well-known celebrity blogger. Her blog covers gossip and current events in Bollywood, Indian television, fashion, beauty, and lifestyle. Malini is the author of the book To The Moon: How I Blogged My Way To Bollywood. This woman entrepreneur strongly believes that diligence and ambition lead to success.
Entrepreneurship opportunities are present everywhere but establishing a successful business is not just converting an idea into a product; it’s about so much more.
Think you’ve got something unique to top this list? Want to run a business of your own? If yes, then now is the time to begin your entrepreneurial journey. Connect with us to learn everything about entrepreneurship – from basics to brilliance. 15 or 50, our course is for any visionary who believes that their idea could be the ‘next big thing’. Get in touch today!