Small Enterprise - February 2019

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India is an entrepreneurial country. However, over the years, there have been several attempts to define entrepreneurship. Indian entrepreneurs have had to struggle to create and grow their business ventures. The first-generation Indian entrepreneurs that have generated many employment opportunities and significant wealth. These success stories have encouraged a new breed of entrepreneurs, especially in the internet and e-commerce space.

India has the potential to build many highly scalable businesses. Given the probability of entrepreneurial success means a large number of startups will need to be spawned to get to a few unicorns. Experience across countries suggests that vibrant entrepreneurial activity significantly improves social harmony, living standards and quality of life.
In this issue, we focus on entrepreneurship in India. Today’s youth are more inclined to start their own venture and achieve economic independence. Entrepreneurship foster learning better than multinational companies and this is one of the reasons why around 76% of the (surveyed) workforce from India prefers to work at a startup as opposed to an MNC.

You will also read how entrepreneurship impacts the economic growth of the country and what are the struggles faced by entrepreneurs. How entrepreneurship increases employment opportunities in the youth and some of the current trends in vogue in the Indian entrepreneurship ecosystem is an interesting read in this issue.

Happy reading!

The Role Of Entrepreneurship In Economic Development

Entrepreneurship is one of the vital factors of the economic development of any country.

3 mins

Entrepreneurship As A Solution To Youth Unemployment

Youth unemployment is a rising global problem. According to International Labour Organization’s (ILO) report ‘World Employment and Social Outlook Trends 2018’, the rate of youth unemployment on a global level was 13% in 2018. This was three times more compared to unemployment in adults, which was 4.3% then. Particularly in India, there are about 31 million unemployed youth according to the Centre for Monitoring Indian Economy (CIME) report of 2018. These numbers suffice to say that youth unemployment is one of the world’s major crises. If entrepreneurship is identified as a solution, here are a few ways how not just youth unemployment, but unemployment in general, can be eradicated.

2 mins

Social Entrepreneurship - What It's All About

When business ventures/entrepreneurs aim at targeting and solving social issues, it is called social entrepreneurship.

3 mins

Social Entrepreneurs Who Are A Boon To Society

The winner of Social Entrepreneur of the Year 2018 award, Prema Gopalan is a remarkable human being.

3 mins

Do You Know What It Takes To Be A Successful Entrepreneur?

Starting your own business gives you a sense of empowerment.

3 mins

Inspirational Stories Of Four Indian Entrepreneurs

How often is it that we find people who take risks in life? Who struggle earnestly and beat the odds to make a life on their own? The list of such people might be endless.

3 mins

Women Entrepreneurs: Tips For Getting Started

You might have often skimmed through magazines reading success stories of women in business but kept your own aspirations at bay. It’s time you realised your own potential and let yourself take the plunge!

3 mins

Top Performing Business Sectors In India

A plethora of business sectors in India are experiencing rapid growth since the last few years. Increasing urbanization and economic policies implemented by the government are few of the catalysts that led to this exponential growth.

3 mins

Ethical Enterprises For The Future

2019 a year for start-ups to build an ethical culture to prevent fraud

3 mins

10 Advertising Ideas For Small Businesses

You’ve established your business with a niche product or service, networked with people to spread the word about your business, it’s time you did some advertising too!

3 mins

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Small Enterprise Magazine Description:

The highly informative online repository for the micro, small and medium enterprises (MSMEs) in India, ‘Smallenterpriseindia.com’, is dedicated to provide current news and related information from the medium-sized business economy to the SMB fraternity on a daily basis. ‘Smallenterpriseindia.com’ online business news portal facilitates direct exchange between the large networking of the Indian SMB community and other entrepreneurs in the small and medium-sized business segment, connecting them to opportunities available domestically and globally.

‘Smallenterpriseindia.com’ is a functional professional training cockpit for the entrepreneurs which expands the comprehensive audience and complement the complete package. The portal is a repository of verified reliable professional information, providing support through useful working tools as well as online campaigns, seminars, road shows and live trainings on trend issues and important reforms. We focus on in-depth coverage of the Indian small and medium businesses, success stories, case studies etc, enabling the target audience to communicate, collaborate and understand the industry, market as well as opportunities available locally and globally in a better way.