Want to Be an Entrepreneur? Here Are Some Tips to Get Your Journey Started

Learning how to be an entrepreneur in 2019 might feel intimidating because statistically, 9 out of 10 businesses fail. Being an entrepreneur requires a combination of hard work and skill, the correct mindset, and even luck. When you develop the right skills and have a business idea that others will kill for, you have the best fighting chance to succeed in the modern competitive business world. Here are our top tips for you to master and learn entrepreneurship.

Develop an Entrepreneurial Personality

When you need motivation for a startup, remember to stick to your vision through all the ups and downs, because it will not be easy. You will face a lot of setbacks and should have the right mentality to overcome challenges and continue growing. Exude a lot of confidence, and do not let others bring you down. People love to criticize, but if you are passionate about your idea, you should always stand by it. If you are an introvert, you might have to face being the center of attention as the leader of your startup. Team members will pull you in all directions and rely on you for advice. Being an entrepreneur is no place to feel shy because you need to motivate others with your passion and grit.

Focus on Your Vision

If you want to start a startup, you need to be passionate about the product or service that your company will be known for. This project will require all your attention, and it could turn into something that you dedicate your entire life to. So, make it worthwhile and only engage in a business that you can imagine investing all your resources and time into for an unforeseeable future. Remember, you might lose time with friends and family while working on this dream, which is why it must count for something great.

Understand Your Finances

You need to know your finances, both professionally and personally. While venturing into a new startup, you might have to do a lot of fundraising to keep things running. Ask yourself if you are in a strong position to do that. Is your business pitch good enough to impress investors? What makes your idea worth investing in? You are selling not only a product or service, but also your passion. When it comes to fundraising, you will need successful people or organizations to believe in you. Then you must use the funds carefully to avoid squandering it on projects that never materialize. Investors will want to see a finished product and experience some return on their investments. If you are borrowing from banks, you will have to make timely loan repayments even if your startup is not earning any money. Always stick to a budget and keep an eye on every dollar that is being spent. Try and find ways to minimize and cut costs so that your profits can be greater. Regularly maintain a detailed budget and expenses report so that more funding can be accessible when others see and trust the growth and position of your business.

Interested in starting your own startup? Join us for our Entrepreneurship 101 Capsule where we take you through the journey from Idea to Pitch and get you ready for pitching your idea to VC’s!

Overview Of Game Theory And Information Theory With Negotiation

What is Game Theory? 

Game Theory is a mathematical study of decision-making related to conflicts and various strategies that occurs in many social situations. The Game Theory with negotiation helps you in eliminating the inferior options and keeping the best options. The Prisoner’s Dilemma and Tit for Tat have emerged as the two-game theory strategies. Here, the organizations who are indulged in game theory need to understand the actions of their competitors too and frame strategies accordingly. The negotiation here settles the differences between the two players where they can reach an agreement mutually instead one player winning and another losing.

A few assumptions involved in this Game Theory are:

  • When parties are entirely rational like maximizing their utility, players are aware of the rules of the game, players only accept the higher payoffs, etc.
  • Players number is fixed and known to everyone
  • The players have to make tangible preferences amongst the available options. Here, the choices will remain constant during the negotiation or the conflicts.
  • The parties to the game theory can estimate the preferences and options of the other parties.
  • Here the communication is controlled and limited and is not even relevant to the negotiation or the conflict.
  • With the negotiation in Game Theory, one can reach up to the maximum efficient decision.

Information Theory and Negotiation

Claude Shannon initially devised the Information Theory in which he wanted to find out ways to communicate and communicate data operations. This theory studies the quantity of information, its storage, and communicating it to others. Its crucial measure also involves “Entropy” that states about the amount of uncertainty involved with the random variables and the outcome through a random process. 

The negotiation can be used while the people are competing in the volatile markets and must target the different deals that are lucrative and can get the maximum information about the special deal. Even an arbitration process also takes place between the two parties by communicating their thoughts through digital channels. It will help in resolving the dispute, and even a third party can get involved to reach out to a deadlock.  

Moreover, the communication takes place only when the encoder and the decoder involved in the communication process had a prior agreement on it. Even the messages send under this Information Theory sends and receives the messages in a sequenced format that supports the negotiation seamlessly.

Conclusion

Overall, for reaching out to a standard conclusion between the players in the Game Theory and communicators in the Information Theory, the negotiation plays a vital role. It not only resolves any conflicts but also helps the two parties involved in the dialog to reach out to a conclusion. 

Moreover, negotiation helps in clarifying the goals between the two parties, focusing on talk to get a win-win situation, and after understanding each other’s viewpoint coming to a great outcome that is worthy for both the parties. In any case, if negotiation fails then it can be re-scheduled after some time.

Want to learn more about game theory and negotiation? Join our Art of Negotiation workshop this September! 

Five Instagram Accounts Every Aspiring Entrepreneur Should Follow

It’s not the phone that’s the problem; it’s what you use it for. Lots of people are increasingly responding to criticism that smartphones make you dumber, with this argument. If used right, they say, then your smartphone can become a gateway to knowledge – whether by helping you learn a language, reading more books or facilitating community-based interaction. The same rule applies to social media; you could mindlessly scroll through your feed or use the app to grow your mind and learn new things. From how to look after your potted plants to making more sustainable fashion choices to how to run a company. To that end, we’ve shortlisted five inspiring Instagram accounts that entrepreneurs-in-the-making or start-up founders should be following. They are: 

Everette Taylor

Taylor has a pretty impressive resume; the CEO of ET Enterprises, he controls multiple million-dollar companies including Millisense, Popsocial and Growth Hackers. A high school dropout, the marketing genius founded his first company (an event management technology company, EZ events) when he was 19. Two years later, he sold it successfully and went on to build many profitable brands and even feature on Forbes 30 under 30. 

What’s on his IG? Taylor uses the platform to share snippets of his talks or interview articles. 

 

Gary Vaynerchuck

The CEO of VaynerMedia and VaynerSports, Gary Vaynerchuk is as solid an investor as they come. He invested in companies like Venmo, Twitter and Facebook early on and, today, has massive street cred. 

What’s on his IG? Vaynerchuck is a straight-shooter and, so, his feed is full of no-bullshit advice and cautionary tales, like this one-minute clip on what he believes is the worst financial strategy of all time. 

Natalie Franke

Natalie Franke was a wedding photographer, is an entrepreneurship coach, a brain tumor survivor, and founder of the Rising Tide Society that’s vision is perfectly encapsulated in her hashtag #communityovercompetition. Franke’s Rising Tide Society organises monthly meetups for entrepreneurs, so everyone can learn together and grow together. 

What’s on her IG? The sun-lit feed’s most wonderful feature, although the pictures of Franke and her family are a close second, are thought-provoking yet easily-digestible nuggets of information for a new generation of kind entrepreneurs. And customers – like this post on what small business owners wish they could tell you. 

Amber Lilyestrom

Lilyestrom’s bio reads “I help visionary women monetize their dreams ✨CEO / Wife+Mama / Brand + Biz Coach”.  She’s an author, branding strategist, podcaster and a business coach who uses Instagram to inspire and remind her followers that you can do it all. 

The creator of the Ignite Your Soul Summit, she believes that the key to success is to build a brand you love, constantly evolve and, most importantly, recognise your potential. 

What’s on her IG? The most striking feature is the collection of monochromatic text posts with simple, yet important, truths. Like this indisputable fact:  “When you know who you are and what you’re here for – everything becomes really simple.” 

Startup Creative

A growing repository of information, curated by Kaylene Langford, Startup Creative  entrepreneurs from all over the world. One of the best things about this account is that it gives followers a closer look at how the best in the business made it really big. 

What’s on their IG? Make sure you check out the highlights for recommendations and “free advice” on how to steer your company to success. 

If you’re interested in entrepreneurship, you can also check out other content like this (as well as details about our upcoming capsule course on www.projectmynt.com.

 

Entrepreneurs Who Solved Common Problems In Uncommon Ways

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:

Also read: Why do early entrepreneurs have a better chance at success in India? 

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!

What Can Project Mynt’s Entrepreneurship Capsule Teach You ?

At Project Mynt, one of the things we’re focused on is empowering a new generation of job creators, or aspiring entrepreneurs. And the need for job creation is being felt all over the world. Currently, there’s a huge gap between the supply and demand of jobs in most countries, including India. While the government is doing its best, the race between creating jobs and the population seems one-sided at the moment. Hence, we at Project MyNT,  have curated a entrepreneurship capsule course, that will help you pitch your big idea. But we must go over some essential stats first. Read on…

As per the leaked report of the National Sample Survey Office (NSSO) periodic labour force survey (PLFS) of 2017-18 showed that unemployment rate has risen to a 45-year high of 6.1 per cent. The 2018 International Labour Organization (ILO) report, World Employment and Social Outlook Trends, shows that the number of the unemployed is set to rise from 18.3 million in 2017 to 18.9 million by 2019.

Other findings, India Today reports, include the fact that the workforce has shrunk by 47 million during the period and that labour force participation rate (LFPR) has come down from 55.9% to 49.5% which, essentially means that more than half the working-age people (15-60 years) are out of the job market because there are no jobs. So we decided to step up to show the youth of our country that they can also create jobs, instead of just finding one, by conceptualising a holistic entrepreneurship capsule course. 

 We also believe that starting a company is a taxing journey for its founder(s) – if not financially, at least mentally. It only seems fair then that, while we establish the need for entrepreneurship, we also give these future start-up founders a sense of what they’re signing up for before they take the plunge. Our capsule does just that. 

What in the curriculum? 

Structured over six weeks, the curriculum of this capsule course is disseminated to a group of people that are passionate about solving problems. We want them to know that solving problems can help create a purpose in their life, or that it has been the purpose of their life all along, and satisfy their expectations of what it means to have a job or of the real world. 

This group is taken through the current scenario of their surroundings and asked to choose a problem that they wish they could solve. Then they are encouraged to think of a productized way of solving it. Project Mynt challenges their mindset to be creative rather than flow with what everyone in the startup community has been hearing nowadays. 

Next on the syllabus is understanding the key concepts like market and competition, followed by drafting a business model and studying the financial viability of their solution. 

Lastly, Project Mynt facilitates a real-world experience by inviting actual successful entrepreneurs and investors to listen to their startup pitch. 

By the end of it, we guarantee that you’ll know whether full-time entrepreneurship is your cup of tea as well as how to turn your idea into a living, breathing and thriving start-up company that can generate both employment and change. 

If this excites you, check out all the details about this course on Project Mynt here

 

What would billionaire hedge fund owner Ray Dalio do?

Ray Dalio is one of finance’s most influential figures—there’s simply no other way to put it. The legendary Bridgewater Associates, founded by Ray Dalio in 1975, is the world’s largest hedge fund with over $150 billion in assets under management. His net worth is estimated at around $18 billion dollars, making him one of the wealthiest men in the world. He’s also well-regarded for his philanthropic causes; according to Forbes, Ray Dalio has given $768.9 million to support microfinance, inner-city education and nature conservation through the Dalio Foundation.

The beginning

Ray Dalio was born in Queens, New York in 1949; an only child of jazz musician, Marino Dallolio and homemaker, Ann Dallolio, he was an average student at school but, by age 12, his entrepreneurial bent of mind was already beginning to take shape. From the tips he made as a golfer’s caddie, Dalio bought his first ever stock for less than $5 a share. And he was hooked to the market. 

Dalio’s biggest mistake

After completing his MBA from Harvard University, he started Bridgewater Associates from his two-bedroom apartment in New York City. Not seven years later, he almost ran his company into the ground. In 1982, Dalio was certain that the global economy was going to crash and so he traded his stocks accordingly. Instead, the market soared. In his book, Principles: Life and Work, he says, “I was dead wrong … The stock market began a big bull run, and over the next eighteen years the U.S. economy enjoyed the greatest noninflationary growth period in its history.” According to CNBC, Dalio had to lay off all of his employees and take a loan of $4,000 from his father to make ends meet. This was when he was 33. 

Dalio’s greatest learning

When Ray Dalio sat down for an AMA on Reddit in May this year, he shared this experience and told Redditors what he learned from it. “You can be worlds smarter and raise your chances of making better decisions if you could simply be humble and worried enough about being wrong to have the smartest people who are willing to disagree with you and challenge you so that you could examine their reasoning.” 

Dalio believes that the surest way to success is to critically examine one’s own ideas, without getting too attached to them, by defending them to people who are opposed to them. 

Principles: Life and Work 

Today, Dalio’s Bridgewater Associates runs on this principle; the billionaire calls it ‘idea-meritocracy’ or “a decision-making system where the best ideas win”.  Ray Dalio explains, “No human being has anywhere near the capacity to make the great decisions as great collective decision-making.”

Not just this, Dalio has codified an entire set of tenets or investment principles that skyrocketed his company’s growth, starting from the year 2006. He believes that identifying best practices and the creating processes out of those is an incredibly effective way to minimise risk and improve channels of communication. 

The lesson

The tendency to think that you know what’s best is not unique to Dalio; most of us feel this way, especially when we’re younger. However, experience (and failure) teaches you humility. It’s only when you fail can you re-examine your decision-making process and tweak it—at this stage, it is crucial to listen to what others have to say and learn from their mistakes. Or, in other words, to hedge your bets. 

Have an idea and want it to take shape? Join our entrepreneurship capsule course today. 

 

All The Wonderful Ways In Which Entrepreneurship Can Change Your Life

The fact that entrepreneurship is life-changing is hardly disputable; the greatest minds of our time have testified to it. Best articulated by Skype co-founder, Niklas Zennstrom, entrepreneurship is an all-consuming, ever-gratifying, frustratingly wonderful way of living. He said, “If you want to be an entrepreneur, it’s not a job, it’s a lifestyle. It defines you. Forget about vacations, about going home at 6 PM. Last thing at night you’ll send emails, first thing in the morning you’ll read emails, and you’ll wake up in the middle of the night. But it’s hugely rewarding, as you’re fulfilling something for yourself.”

And that’s key isn’t it? The fact that you’ve chosen to be an entrepreneur means that you’ve decided to commit yourself to a single cause, your own cause, and work towards it for (hopefully) the rest of your life. So how does this change you? What are the so-called ‘symptoms’ of being your own boss? We list the ways in which being an entrepreneur can alter you forever: 

    1. You’re excited to go to work every single day because you love what you do
    2. You start evaluating things critically. If you’re making the decisions, you need to ensure you’re making the right ones. And this tendency tends to spill over in your everyday life as well; everything (from your preferred cup of coffee to the layout of your office) needs to be planned for maximum satisfaction. 
    3. Your problem-solving nature means that everything has the potential to be your next thing, or a great business opportunity. 
    4. You’ve learnt how to deal with failure so that it doesn’t  get in the way of your dream. 
    5. The most impressive quality in other people, according to you, is passion. 
    6. You can never switch your brain off; it’s always working, always thinking of how to scale and improve your company. 
    7. You understand the importance of up-skilling, and so you never stop learning new things. 
    8. You become a risk-taker; after all, the greater the risk, the greater the reward. 
    9. You enjoy meeting new people and forging new connections. 
    10.  You realise the importance of hard work and so you put in the hours required for success. 
    11. The comfort zone is just an illusion–one that you’ve broken already. You’re always willing to try new things and go where no one has before.
    12. You become a teacher and a student, all at the same time–happy to pass on your experience, while always eager to learn from the experiences of others. 
    13. You’re always on time
    14. You’re great in a crisis; having successfully dealt with so many at work, you’re a pro at handling messy situations 
    15. You become a more confident person. Your faith in your own abilities, as well as your idea, is reaffirmed and touches every other aspect of your life as well.

If you want to get some experiential learning on entrepreneurship and want to make a career and be an entrepreneur, contact Project Mynt. Our entrepreneurship capsule course begins soon. Registrations open. 

Ideas To Start-Up!

A few years into a regular job and everyone aspires to create something of their own; to have their own start-up. It could be a business, chain of retail outlets, smart product or pioneering invention. And while some never act on this impulse, others start off on this pursuit while they’re very young. If you belong to the latter, know this: the feeling of owning a company that you have built from the ground-up is glorious. But before you quit your day job (or even classroom education), make sure you’re aware of what lies ahead on this path. 

Here’s what you should do if you want to turn your million-dollar idea into a successful start-up: 

Search and Test The Market 

This is all about understanding why your product or start-up is even needed in the first place. Our own ideas can never be flawed in our own eyes. It’s hard to be objective towards a product of your own imagination. So, do the work. Find out if there are other people doing the same thing. Yes? Then find out where they are doing it, how well they are doing it, are people buying it and what they could be doing better. After this, you need to create a proof of concept – a market test to gauge consumer response. After validating your idea, secure it via IPs or patents. 

Always Have a Plan B

Now, you’ve tested the waters and know there’s a market for what you have to offer. So what’s next? Chart out a practical business plan for the next five years that highlights what your numbers will be in the future. Right from the capital that you burn to produce the product, expenses of a growing workforce and miscellaneous costs, put down everything.  

Here’s how you can make one for yourself. 

Build a Brand

More than the product or service, people buy your vision for your start-up. There’s a reason why hundreds of companies across the globe sell coffee, a product that (for the most part) is the same. Compare a Café Coffee Day with Starbucks, and see which one you prefer and why. Consumers have different preferences and spending patterns that different companies can leverage to their advantage.

Your brand is your identity, the reason why people come to you in the first place. So tell your story in an engaging, visual and witty manner so they subscribe to it. While you do that, understand that the first few members of your team will be the heart and soul of your brand so hire these people wisely.  

Remember, an amazing brand identity will be your greatest source of free marketing. 

Make Your Product Go Viral

Lucky for you, it doesn’t take that long to find out whether people love your product. The world of offline marketing has been washed away by digital media. Take up social platforms, create a compelling online identity for your brand and start promoting. Once you have some consumer data, analyse what works and what doesn’t—timings, gender, age group and so on. All of this is crucial to help you optimise your sales. 

After you’ve attained a smooth inflow of income and outflow of your product, it’s safe to assume that you’ve built a solid foundation for your company. Now it deserves all your time and attention; make it fly. 

If you have any queries regarding your own start-up brand, then just leave a comment below. It could even just be your idea. I’d love to hear you out and help you as much as I can!

Want to know more about entrepreneurship and start-ups in our country? Read why do early entrepreneurs have a better chance at success in India! 

These entrepreneurs did a little extra in their lives. Time to take some lessons!

Understanding the problem in your mind, turning it into a solution that solves a real-world problem, and helping millions around the world. Is that your dream? Welcome to the journey of an entrepreneur!

But, what is entrepreneurship? We personally feel that it’s all about 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 people did:

Also read: Why do early entrepreneurs have a better chance at success in India? 

1. Richa Kar : Co-founder of Zivame

The idea of Zivame came out when Richa was conducting a research on the lingerie market in India. It was then when she realized that lingerie shopping in stores was a hassle for the women in the country. She thought about the concept of online lingerie retailing after she met with a friend Kapil, the co-founder of Zivame. Richa kick-started her professional career by working in the IT sector followed by Spencers and SAP retail consulting. The experience that she gained over the years was carried to the world of startups!

2. Ritesh Agarwal : Founder of OYO Rooms

Ritesh Agarwal is a man who backs his decision. He is the true motivation for young entrepreneurs who are dreaming to invent the next big thing! A college dropout who once wanted to sit for an engineering exam, Ritesh today heads one of the most valuable startups in the country. 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 in 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 engaged himself learning about budget hotel customers and their expectations.

3. Bhavish Aggarwal : Co-Founder of Ola Cabs

Bhavish completed his bachelor’s degree in Computer Science and Engineering at IIT, Bombay. He started his career by working in Microsoft for two years and later started an online company which dealt with the selling of short duration tours and holidays online. While he was at it, he happened to rent a car from Bangalore to Bandipur and had an enduring bad experience. After a lot of research, he realized that it was not only him but a lot of customers who were victims to such situations and were in great need of quality cab service. And therefore, in January 2011 Bhavish founded OLA Cabs – an online transportation network company, with Ankit Bhati. Ola was valued at $3 billion as of April 2017! Fascinating much?

4. Brian Chesky & Joe Gebbia : Founders of Airbnb

The Airbnb founders’ story depicts one of the most inspiring entrepreneurial journeys. Against all the odds and to keep the company buoyed up, the founders had to resort to the selling of 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, as the local Design Conference invited a lot of customers. The young lads saw this as an opportunity, bought a few airbeds and quickly put up a site called “Air Bed and Breakfast”. The Airbnb founders have accomplished their dreams and have managed to set up a $25B company, with no investors and thousands of dollars of credit card debt.

5. Malini Agarwal : Owner 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 as a hobby in 2008 and today, she’s India’s first and the most well-known celebrity blogger who owns a media house. 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, but more!

Think you 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!