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	<title>Entrepreneur  &#124; Entrepreneurship India &#187; Articles</title>
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	<description>Entrepreneur - Entrepreneurship India</description>
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		<title>Famous entrepreneurs in India</title>
		<link>http://www.entrepreneur.co.in/famous-entrepreneurs-in-india.html</link>
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		<pubDate>Sat, 08 Jan 2011 05:51:36 +0000</pubDate>
		<dc:creator>Sagar</dc:creator>
				<category><![CDATA[Articles]]></category>
		<category><![CDATA[Famous entrepreneurs]]></category>
		<category><![CDATA[Famous entrepreneurs in India]]></category>

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		<description><![CDATA[Success stories of Indian entrepreneurs are quiet impressive and they state that India is no where behind when it comes to money making businesses. There are many successful entrepreneurs in... <a class="meta-more" href="http://www.entrepreneur.co.in/famous-entrepreneurs-in-india.html">Read more <span class="meta-nav">&#187;</span></a>]]></description>
			<content:encoded><![CDATA[<p>Success stories of Indian entrepreneurs are quiet impressive and they state that India is no where behind when it comes to money making businesses. There are many successful entrepreneurs in India and their stories describe the amount of hard work they have dedicated to their work. </p>
<p>Following are the list of famous entrepreneurs in India who have globally represented the country by showcasing excellent business skills:</p>
<p>Dhirubhai Ambani</p>
<p>Dhirubhai Ambani born in the year 1932 in the Chorwad village in Gujarat started its entrepreneur career by selling “bhajias” near pilgrim at Girnar. In 16 years of age he completed matriculation and moved to Aden where he started working as attendant at gas station. At that point no one would have thought that in near time this person will owe such a big empire. </p>
<p>Growth of India’s private sector started with Reliance India LTD. Reliance group is known for its petro chemical business and apart from this it has diversified in to various other fields like telecommunication, information technology, textiles, capital markets, power, energy, logistics and retails. Raising money in international market is not an easy task which was successfully done by reliance group under the Dhirubhai Ambani guidance with the assistance of son’s Mukesh and Anil Ambani. FICCI (Federation of India Chambers of Commerce and Industry) announce Dhirubhai Ambani as Indian entrepreneur of 20th century. </p>
<p>ADi Godrej</p>
<p>Adi Godrej, the son of Burjorji Godrej belongs to business family who where in to manufacturing soaps and locks. At the age of 17 he left India and accomplished management studies abroad. After coming back to India he entered in to family business and made use of modern day business concepts to take it to new heights. Godrej group also entered in to philanthropic activities. To face the globalized challenges Adi Godrej restructured the company’s policy. </p>
<p>Azim Premji</p>
<p>Azim Premji, the chairman of Wipro technology was considered among most powerful 20 persons by Asiaweek magazine. At the age of 21 he had to hold over the responsibility of family business due to the sudden denise of his father. His ability where doubted by shareholders as at such a small age handling huge business is difficult job. </p>
<p>Azim Premji successfully handled business which deals with bakery, hair care soaps, ethnic toiletries ingredients, hydraulic cylinders, baby toiletries and so on. Premji focused on software development after soaps and today Wipro is considered to be the chief software company in India. In the year 2005 he was awarded with Padma Bhushan award. </p>
<p>Karsanbhai Patel<br />
Karsanbhai Patel belongs to the farmer family of Mehsana in Gujarat and was working with government of Gujarat in the Geology and mining department. He is the person who is responsible for the success of Nirma. He started business of detergent powder on small scale basis by making use of indigenous technology. Door to door selling of Nirma washing powder was done and that to at the price Rs. 3 per kg without compromising on quality. During those day’s detergent industry was dominated by MNC’s and in limited time period Karsanbhai created revolution in Indian detergent industry. </p>
<p>Some of the features of Nirma like environment friendly, labor intensive technology and phosphate free detergent made it different from others. He has contributed lot in creating employment opportunity in India.</p>
<p>Narayan Murthy<br />
Narayan Murthy is the chief mentor and non executive chairman of Infosys technology and is highly ethical person. From university of Mysore he completed B.E. Electrical and M.Tech from IIT Kanpur. At the beginning of the career he worked with Patni computer systems and then brought in to existence Infosys with other 6 software professionals. Economists have named him eighth among fifteen powerful business people.  It is the first Indian company listed on NASDAQ and has turnover of more than $2 billion. </p>
<p>Kumar Mangalam Birla<br />
Kumar Mangalam Birla is the Chartered Accountant and then he did MBA from London school of business. After the demise of father Aditya Birla, he took over the responsibility of business. Aditya Birla house which is now India’s third largest house and Kumar Mangalam is the chairperson of this group. He also participated in diversified sectors like cellular telephony, BPO, asset management and software. He aptly handled the giant business of cement and textiles. </p>
<p>Ratan Tata<br />
Ratan Tata is the chairperson of Tata group which includes Tata motors, Tata powers, Tata consultancy, Tata steel, Tata chemicals, Tata teleservices and Tata tea. Under his leadership Tata group was brought up to new heights with the use of latest technology. Due to his effective leadership Tata motors got listen at New York Stock exchange. He was awarded with Padma Bhushan in the year 2000. </p>
<p>Apart from this other famous entrepreneurs in India are Dr. K. Anji Reddy, Bhai Mohan Singh, B.M. Munjal, Ekta Kapoor, Karsanbhai Patel, Kiran Mazumdar Shaw, K.P. Singh, Lalit Suri, M.S. Oberoi, Nandan Nilekani, Naresh Goyal, Dr. Pratap Reddy, Rahul Bajaj, Ramalinga Raju, Raunaq Singh, Subhash Chandra, Tulsi Tanti, Sunil Mittal, Shiv Nadan, Vijay Mallya, Naina Lal Kidwai, Shahnaz Hussain, Sulajja Firodia Motwani, Shobhana Bhartia and Mallika Srinivasan.</p>
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		<title>How Social Entrepreneurship can benefit Society?</title>
		<link>http://www.entrepreneur.co.in/how-social-entrepreneurship-can-benefit-society.html</link>
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		<pubDate>Wed, 06 Oct 2010 10:12:00 +0000</pubDate>
		<dc:creator>Prathamesh</dc:creator>
				<category><![CDATA[Articles]]></category>

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		<description><![CDATA[What social entrepreneurship is all about? Till now you must have heard a lot about social issues but have to thought of bringing in solution to those issues. Social entrepreneur... <a class="meta-more" href="http://www.entrepreneur.co.in/how-social-entrepreneurship-can-benefit-society.html">Read more <span class="meta-nav">&#187;</span></a>]]></description>
			<content:encoded><![CDATA[<p align="justify">What social entrepreneurship is all about? Till now you must have heard a lot about social issues but have to thought of bringing in solution to those issues. Social entrepreneur is the person who not only brings solution but also contributes to the welfare of society. When word entrepreneurship gets amalgamated with social, it means the meaning is much broader then just solving social issues.<a href="http://www.entrepreneur.co.in/wp-content/uploads/2011/01/image5.png"><img style="border-bottom: 0px; border-left: 0px; display: inline; margin-left: 0px; border-top: 0px; margin-right: 0px; border-right: 0px" title="Social Entrepreneurship" border="0" alt="Social Entrepreneurship" align="right" src="http://www.entrepreneur.co.in/wp-content/uploads/2011/01/image_thumb5.png" width="430" height="307" /></a> </p>
<p align="justify">Social entrepreneurship ideas are followed by some of the entrepreneur skills like following business principles, understanding root cause of problem, bringing in different ideas, implementing those ideas, etc. Here the calculation of income and expenses is different as compared to other entrepreneurs. There is no incompatibility between profit and business in social entrepreneurship organizations, but here the concentration is completely on solving social issues.</p>
<p align="justify">When you are planning to build an organization for the welfare of society see to it that your motive gets fulfilled by applying business ethics and principles. Social entrepreneurship can benefit society in following ways:</p>
<p align="justify"><b>Creates employment opportunity</b></p>
<p align="justify">In developing countries generating employment opportunity is the complicated issue mainly because the avenues are less. But with the development of social entrepreneurship the idea of businesses are getting developed and this has resulted in to more employment opportunity. Social entrepreneurs concentrate on bringing in solution to the problem without compromising on any of the social aspect. There serve the purpose of creating more employment opportunity. </p>
<p align="justify"><b>Fulfills social purpose</b></p>
<p align="justify">Combination of carrying on business with fulfilling social purpose is well accepted by entrepreneurs. Development of society occurs when every individual develops in his own way. However complicated the problem may be gaining solution to it is not a difficult job for social entrepreneurs as they have wider perspective of viewing particular problem. Some of the work for public welfare like forming schools, health care centers, etc is part of social entrepreneurship. Projects involved in such business are carried on with complete planning and appropriate entrepreneur skills are used for its development. </p>
<p align="justify"><b>Prosperity of business</b></p>
<p align="justify">Generating money while solving social issue does not mean that organization is profit oriented. Social entrepreneurship organizations can take business to new height without leaving behind the social value. Motive of the organization remains the same that is it works for the well being of society. These days’ people are getting more attracted towards social entrepreneurship ideas as it allows making money without compromising on social issues. </p>
<p align="justify">If you are aiming to contribute in the development of society by becoming a social entrepreneur then go for some social entrepreneurship courses offered by different colleges. This can make you understand your duties in broader sense and you can accurately work for betterment of society. Bringing in positive change in society is in your hand….so just move ahead and think of becoming entrepreneur with some good cause. </p>
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		<title>How to Become a Successful Entrepreneur</title>
		<link>http://www.entrepreneur.co.in/how-to-become-a-successful-entrepreneur.html</link>
		<comments>http://www.entrepreneur.co.in/how-to-become-a-successful-entrepreneur.html#comments</comments>
		<pubDate>Mon, 04 Oct 2010 10:07:00 +0000</pubDate>
		<dc:creator>Prathamesh</dc:creator>
				<category><![CDATA[Articles]]></category>

		<guid isPermaLink="false">http://www.entrepreneur.co.in/how-to-become-a-successful-entrepreneur.html</guid>
		<description><![CDATA[The formula of becoming successful business entrepreneur is having faith in you. Show confidence in yourself, the world will show confidence on you. Striving in competitive business world is no... <a class="meta-more" href="http://www.entrepreneur.co.in/how-to-become-a-successful-entrepreneur.html">Read more <span class="meta-nav">&#187;</span></a>]]></description>
			<content:encoded><![CDATA[<p align="justify">The formula of becoming successful business entrepreneur is having faith in you. Show confidence in yourself, the world will show confidence on you. Striving in competitive business world is no more an easy task and so as an entrepreneur you need to learn the effective business techniques. Learning new tactics can help you to grow and successfully face competition in near future. <a href="http://www.entrepreneur.co.in/wp-content/uploads/2011/01/image3.png"><img style="border-bottom: 0px; border-left: 0px; display: inline; margin-left: 0px; border-top: 0px; margin-right: 0px; border-right: 0px" title="Successful Entrepreneur" border="0" alt="Successful Entrepreneur" align="right" src="http://www.entrepreneur.co.in/wp-content/uploads/2011/01/image_thumb3.png" width="324" height="431" /></a> </p>
<p align="justify">How to become a successful entrepreneur? You can get answer to this question by viewing the following mentioned ingredients of becoming successful business entrepreneur for the perfect recipe:</p>
<p align="justify"><b>Being good learner</b></p>
<p align="justify">You need to be always ready to learn new things and apply them in your business. With every passing day trend of business changes, the only thing which remains same is profit and loss statement. It is always essential to be a good learner as this will help you to keep updated in this changing scenario. </p>
<p align="justify"><b>Decision making power</b></p>
<p align="justify">If you have good decision making power in you but cannot take quick decision then nothing can work in your favor. Many times some critical situations arise in business which might demand quick decision. If you get late in announcing your decision then it might come out as some last decision of your business life. All you need is good presence of mind and positive attitude to deal with various situations as this can only help you in taking correct decision. </p>
<p align="justify"><b>Ability to deal with tricky situation</b></p>
<p align="justify">Being a small or large business entrepreneur is not an easy task. The power of seat you posses are high and so is the responsibility. While running business you might come across many some situations which are quiet tricky and demands intelligent reaction. Learn to deal effectively during the pressure as this can only increase the bar of your growth. </p>
<p align="justify"><b>Long term vision</b></p>
<p align="justify">Before starting any kind of business you must be having some goals to follow. Your vision towards your goal should be determined before taking first step towards business. If you are clear with your mission and vision then it can become easy to make future plans for business. Think of long term vision and make plans accordingly. </p>
<p align="justify"><b>Leadership quality</b></p>
<p align="justify">Good leadership quality describes successful business person. Correct attitude and good communication skill can bring in leadership quality in you. Being a good leader is not always easy. As a leader you need to be positive, honest, competent enough, intelligent and inspiring. Even leaders have weaknesses, but the effective leader is one which can successfully hide its weakness and bring out stronger points to display. </p>
<p align="justify"><b>Competitive spirit</b></p>
<p align="justify">Performance and result of any action depends on the competitive spirit you show while carrying on business. There is no doubt that competition is increasing and so it is very much important to show the competitive spirit while running business. This is the true quality of successful entrepreneur. You need to create such working atmosphere that automatically employees get spirit to work hard. </p>
<p align="justify"><b>Positive attitude</b></p>
<p align="justify">Career graph can go high only when you show positive attitude. Results are not in your hand but the effort to bring positive result is in your hand. Keep your best foot forward and reach to the level of perfectionist. Positive attitude is not all about talking positive but it is important to work positively as well. Your positive attitude can not only take you ahead in your businesses but it can also take you ahead in your personal life. </p>
<p align="justify"><b>Hard working attitude</b></p>
<p align="justify">“No hard work, no results”! For a business entrepreneur or for a working employee, it is very much important to work hard with complete devotion to achieve success. Hard work comes with inspiration to be successful business person. Keep working hard without worrying about the result and some or the other day your hard work will pay for you. </p>
<p align="justify"><b>Learning from failures</b></p>
<p align="justify">Success and failure are part and parcel of life. Learn from your failures and cherish you success as this is the way to live as successful entrepreneur. Just like success even failures are not permanent so do not lose hopes even if you taste the essence of failure while running business. </p>
<p align="justify"><b>Good communication skill</b></p>
<p align="justify">You have to deal with hundreds of people while carrying on business and to maintain your position in market it is very much important to have good communication skill. Good communication automatically develops confidence and brings in positive energy to deal with critical situations. Learn to communicate effectively and let your business grow. </p>
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