oppn parties Principles for Entrepreneurial Success

News Snippets

  • The toll in the Rajouri mystery illness case rose to 17 even as the Centre sent a team to study the situation
  • Agencies are looking at imposing a 'freeze' on bank accounts for immediate transfer of credited funds in order to check 'mule' accounts
  • RBI sold $20bn foreign exchange in November and has room to sell $138bn more, as analysed by brokerage firm Nomura, if the situation warrants
  • A Canadian portal has cited documents filed in an Ontario court to claim that the disbanded US firm Hindenburg colluded with a hedge fund while preparing reports that targeted some companies, including the Adani group in India
  • LPG cylinder blast causes fire in a cluster of huts and many tents at Maha Kumbh in Prayagraj, no casualties reported
  • World champion D Gukes manages to turn probable defeat into victory against Anish Giri of Nehterlands in ther Wjik Aan Zee chess meet
  • Kho-kho World Cup - Indian men and women are world champions. They beat Nepal in both events.
  • Women's U-19 World Cup - India begin their title defence with a resounding win against the West Indies. After bowling the opposition out ofrr 44, they notch up the winning runs for the loss of just one wicket
  • Karnataka beat Vidarbha to claim the Vijay Hazare trophy
  • Champions Trophy sqaud announced - Bumrah included, Shami makes a comeback but Siraj and Karun Nair overlooked
  • PM Modi pitches for green mobilityasks the suto industry to focus on the 'economy and ecology'
  • BJP calls the Congress the 'new Muslim League'
  • Budget session likely from Jan 31, with the first part ending on Feb 13
  • ED attaches Rs 486cr property of Bhushan Steel in PMLA case
  • Supreme Court says the charge of abetment to suicide cannot be slapped mechanically just to harass the accused
Man who attacked Saif Ali Khan, allegedly a Bangladeshi inflitrator, was arrested from a marsh in Thane near Mumbai
oppn parties
Principles for Entrepreneurial Success

By Chavi Hemanth
First publised on 2016-03-26 15:13:28

About the Author

Sunil Garodia Business leader with over 20 years of experience who achieves and exceeds all targets in fast paced, competitive sectors
Consumer as King
Continued Innovation: Technology integrated with Simplicity

Recent years there has seen a huge paradigm shift in our economy. Our states and Union Territories are making conscious efforts to introduce new business friendly legislations in their respective state assemblies, aimed at exploring potential avenues of growth.

Encouragement of entrepreneurship has become new policy mantra for the Central and State Governments. Recently Government of India had organized an event to launch its flagship programme on Start-up India and Stand up India. The event generated an unprecedented response from all specially the youngsters.Honourable Prime Minister Modi in his address asked the audiences to make suggestions to the Government which would further facilitate entrepreneurship and economic growth in India.

With so much happening all across India, I have firm conviction that Direct Selling Industry will also be able to convey entrepreneurial spirit to one and all. It is interesting reality that in its very short history in India Direct Selling Industry has endured a lot of challenges and continues do so with a smile and faith in our Government.

We all are living in an information society and in an era of Smart Direct Sellers, who are dynamic and multi-talented individuals with information and resources. There is a need to step up the way Direct Selling business is done. We will have to integrate other channels and have essence of simple technology in every step we take. Today, a Smart Direct Seller wants a facilitation tool which can maximize their daily productivity in their very own entrepreneurial venture.

Direct Selling is a business opportunity for anyone above the age of 18, and probably that’s why it is practiced world over. Its principles are enshrined in basic tenets of entrepreneurship, which is instrumental for economic growth and creating self-employment.

In coming years we will see a visible change in the country in infrastructure, technology and my recent visit to UAE has confirmed investments are waiting to flood the Indian markets.

We have to remember that changes of such a nature don’t come all of a sudden; they come gradually specially in our country because of sheer size, the length & breath, diversity in our understandings of culture, language, food and much more. Keeping a firm belief in the potential of the industry to acquire its full potential, I am reminded of the saying by father of our nation Respected Mahatma Gandhi Jee . “If I have the belief that I can do it, I shall surely acquire the capacity to do it even if I may not have it at the beginning.”

On the recent occasion of International Consumer Day (15th March), I speak on behalf of consumers in India, who give us more freedom to choose, decide, buy and return. Consumer policies should not just be a written document but instead it should actually be benchmarked for it success and implementation process in real time.

My belief is that established entrepreneurs’ will continue to excel when they choose to innovate and establish consumer as centre of their ecosystem. The new entrepreneurs’ whether offering a service or selling a product will have to first keep the consumer in mind and develop a consumer centric policy for the consumer by the consumer and have innovation and they integrate technology .

Future for sure will be intimate computing where consumer will always be a King.