Benefits of MBA in Entrepreneurship

It is said that we live only once hence we should live it to the fullest. We know this is a truth but how many of us actually abide by this statement? Do we really understand that this life is a gift of god and we are supposed to live it with a positive attitude? Why don’t we see the brighter side rather than crying over the darker one? Life is beautiful and full of opportunities, you just need to have the eyesight to see and identify them.

The idea to start new business can prove to be a turning point in the life of the person who thinks of doing it. You don’t need much courage to follow the path discovered by others. But it is immensely challenging to discover a new path and lead others on it!!

An entrepreneurship course inculcates all the essential and pre-requisites needed to enter the Entrepreneurship world. There are so many stories of successful entrepreneurs in India. Some have also achieved International acclaim. So this is clear that there is enormous competition out there. So how will you be able to make a difference amongst the others? Will you succeed in retaining a positive stand in the industry? Well, the answer to all this lies ahead!

In order to become an expert, you require expertise. This expertise comes from the experts and leaders of the domain or the industry. Being an Entrepreneur is a tough job which comes with lucrative benefits but very heavy responsibilities. You will be living a king size life but at the same time you will be required to perform specific functions and duties which would directly affect your work profile in the corporate world.

iFEEL i.e. Institute for Future Education, Entrepreneurship and Leadership located at Lonavala is one of its kind residential business school. It is offering you an 11 months course named Entrepreneurship Excellence Program (EEP) which is delivered through world class professionals and experts of the business world.

This program will teach you the following 3 vital stages of Entrepreneurship:

• Start your Business
• Grow your Business
• Turnaround your Business

This MBA in Entrepreneurship will transform you from an aspiring entrepreneur into a successful future entrepreneur who is capable of leading others. People still think that Business skills cannot be learnt and they are taken from parents into children. But this isn’t true. There are so many successful Entrepreneurs who were the first ones in their family to go the entrepreneurship way. You just need to have the passion and self belief that you can make a difference. You have to be the first supporter of your business idea than anyone else. Unless and until you don’t have faith or self confidence, it is impossible to build it in others.

This world creates new opportunities each new day; you just need to have a new way of seeing it!! You can gain more on this by visiting the link alongside and giving your dreams a chance of flying high in the sky of success!!

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It’s the Perfect Time to Start New Business

“Don’t let the fear of losing be greater than the excitement of winning”

How will you know the result of your efforts unless you try? There are only two possibilities which can happen. You may either succeed or fail. We tend to complicate this simple thing and live our lives in fear. When we are well aware of the fact that we live only once then why don’t we try to live it to our hearts content, the way we want?

To start new business you need an idea in which you believe the most. Only when you become the first fan of your business will the others recognize you and start trusting you business idea. Business is considered to be very risky. But can someone answer any one profession which does not get affected by any internal or external factor? Can you guarantee job security in your current private job?

There is risk in everything; the way you deal with it makes all the difference. Positive thinking will always lead you on the path to success. But there are very few who believe in this. Others spend all their valuable and priceless time thinking about the future. They fail to understand a very logical thing that if you are a failure in your present, then how can you be a success in your future?

The best way to learn this is through iFEEL’s Entrepreneurship Excellence Program (EEP) of 11 months duration. Institute for Future Education, Entrepreneurship and Leadership (iFEEL) is approved by AICTE and is located at Lonavala. There is no age that defines whether you are liable to dream or not. There are no limits that can stop your dreams from becoming a reality. All you need is self belief and confidence in self that you can do it. Without getting influenced by one else’s views or thinking, you should follow the voice of your heart which will always speak the truth to you!

Instead of becoming a contributor to somebody else’s dream, take a step towards fulfilling yours. Through this unique Entrepreneurship course of iFEEL you will secure your chances of being a successful future Entrepreneur.

Now is the correct time for being an entrepreneur because of the following few reasons:

1. There are so many business companies that have come up recently. They all started with being unknown and now they are the topmost corporate in the country

The famous Entrepreneur Shri Dhirubhai Ambani has quoted very intelligently that “build your dream or else someone will hire you to build theirs”.

2. Small startup entrepreneurship ideas like RedBus, OLX etc. have become the most successful business ventures of today.

3. Hence it is said that the one who thinks good about self can change the entire worlds view about him/ her. By enrolling in this program you will get acquainted with knowledge about the working concepts of all the 3 main stages of Business life i.e. Start your Business, Grow your Business and Turnaround your Business.

4. This program from iFEEL is a Residential Entrepreneurship Program. Thus it saves your time and money both. It can be pursued through weekend lectures.

The key to your brighter future is here. Now the decision is yours whether you want to open the lock or stay away from it!!

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Be an Entrepreneur and Lead others

“It always seems impossible until it’s done.”- Nelson Mandela

Every dream has an inbuilt capacity of being real. It is the mindset of the bearer which makes the difference. We all have just this one lifetime to achieve all that we wish to. Then why do most of us ignore this fact and take life for advantage? Why do we assume that “my dream is too big to be turned in reality?” You are no one to decide this. Your only sole responsibility is to turn the tiny dream into a big idea for attaining its purpose in real life.

The person who sees the underlying benefits of his dream is called an Entrepreneur. There are few among us who feel that being an Entrepreneur is a risky job and hence it’s advisable to stick to the routine 9 to 5 office job. The important question here is that how secure is it? Can anyone guarantee longevity and life time security for a private job? Nobody can. Every business is subjective to risks and to face challenges that come without a warning.

Entrepreneurship skills make one entrepreneur different than the other. In order to succeed in this profession you need a lot of patience, hard work and self belief. You have to be a calculative risk taker; take each step very carefully but always try to be innovative and adopt out of the box thinking in the business. You will not find any two entrepreneurs possessing the same skill sets. The thinking process of every person is an individualistic factor.

When you decide to start your own business you indirectly start your journey of indefinite success. The biggest business empires which we see today started with a small idea. If the founder would have thought that it’s impossible to work this out then today we would have missed brands/ companies like TATA, RELIANCE, SNAPDEAL, QUIKR, and REDBUS etc.

Entrepreneurship Excellence starts within you. Unless you have confidence in your business, you cannot expect any other external source to have it. You should be your first fan and also the first critic. Every failure should be taken with a positive attitude. They have the hidden potential of getting converted into success.

Benefits of being an Entrepreneur are many to pen down. But few of them are:

• You will get the direct and equal return of your hard work. So, you can bake the cake and then eat it too!!
• Use the power of your creativity through innovation in which you believe.
• Opportunity of hiring people as per your requirements.
•  Now, don’t long for holidays. Being an Entrepreneur is not life, it is a grand life style.
• You can adopt the business practices in which you have faith. After all, great         results are the outcomes of few high risk decisions.
• The joy of being your own boss is unmatchable with any other in the entire universe.

The list will go on but the benefits will not end. If you want to run a new business then you should have the essential knowledge of it. Without it, you will never succeed because knowing the business world is incredibly important for any startup.

At iFEEL, future entrepreneurs are created with an edge over the rest. This residential Business school is located at Lonavala and has world class amenities for the students. You will be exposed to the best learning ambiance at iFEEL. All the necessary elements which make acquiring knowledge an enriching experience are incorporated at iFEEL. Studying from this institute gives you quality knowledge along with a reputed and highly recognized degree.

iFEEL is offering you the opportunity of changing your life in just 11 months through its Entrepreneurship Program (EEP)/ Family Managed Business (FMB) Program. this is the best way to sharpen and develop entrepreneur and leadership skills.

Grab your chance of becoming the next successful entrepreneur today!

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Be an Opportunist and Start Your Own Business

“One of the huge mistakes people make is that they try to force an interest on themselves. You don’t choose your passions; your passions choose you.”  - Jeff Bezos (founder and CEO of Amazon.com)

Are you one of those unfortunate people who turn deaf ears to their passions and aspirations? If yes, then you have wasted your life to a large extent. Doing something practical in life is accepted, but quitting ones dreams just because they seem impractical is a wrong approach. Even the tiniest dream seen by you has a deep meaning and purpose behind it. One must possess the insight of identifying it.

To start your own business you need to have self belief and self control. But one may ask that when there are secure jobs available then why should I take the risk of starting my own business? What if it fails and doesn't give the expected results? These are amongst the common questions thought upon.

Being a startup isn't that complex as it is portrayed to be. If you have a workable (achievable in real life) business idea and you have full faith in it, then no one in this entire world can succeed in blocking your way to success. Do you really feel that in such complex and dynamic business world like today’s a job is the perfect choice? Even there you can be asked to resign by the supreme; your boss! No one can dare to go against the words or decisions of them.

In fact, when you run a new business, you get the direct returns of your efforts. Your future is the outcome of what you do in your present life. We all are well acquainted with the fact that there is only one lifetime which is highly unpredictable. Taking risks in life results in the most beneficial and productive outcomes. People will start appreciating you only when they see the same appreciation in your eyes for your business.

An entrepreneur is the creator of his/ her own destiny. Being one ensures that you can foresee all the possible opportunities as well as obstacles so that you can prepare yourself for them.

Top reasons for commencing your entrepreneurship journey:

     Worry free future:
when you develop new businesses, you not only secure your future but also of those connected with you. You don’t have to live with the fear of losing your job or someone else eyeing your promotion/ designation. Now, with the help of favorable business conditions, one can succeed as an Entrepreneur and conquer his/ her future!

     No compromise with personal commitments:
You will be able to spend time with your family and friends whenever you wish to. This is one of the most attractive reasons of being an entrepreneur. Who doesn't want to bring broad smiles on their loved one’s faces?

     Plan a holiday:
This is one thing for which many office workers struggle. Being an entrepreneur allows you to plan a holiday for the number of days as you require.

     Fix your own work timings:
You can fix your work timings as per your convenience. But this doesn't exempt an entrepreneur to be ignorant and careless towards his/ her business.

     Profit or loss:
It’s all yours! Whatever be the result of your business, it is all yours. You get the direct return of your efforts and hence there is high level of contentment associated with being your own boss.

You can grow your own business ideas with the leaders. iFEEL is one of its kind residential business school located at Lonavala amidst its scenic natural beauty. This Institute is AICTE approved and has world class infrastructure and amenities for all its students.

It is offering 11 months Entrepreneurship Excellence Program (EEP)/ Family Managed Business (FMB) program. This program aims at creating future leaders and entrepreneurs who will survive in the most complex business situations and prove to be successful.

This program also helps to develop entrepreneur and leadership skills within you.

It has its special focus on the 3 pronged structures for entrepreneurs;

Start your business, Grow your Business and Turnaround your Business.

Start your startup journey with the pioneers!!

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These 11 Months Can Change Your Life

“The best way to predict your future is to create it”. - Abraham Lincoln

The future is an unpredictable. No one knows what it has in store for us. We cannot predict it, absolutely correct. But we can create it, 100% correct!

There are many who are not satisfied with their present life. They adjust and compromise in life. You may have the desire for something but might settle down for something else because you feel that the former is out of your reach.

Remember, god has given immense power to mankind. It depends upon us, as to how we use them. There are many who waste their entire life doing something that someone else wants him/ her to do in order to achieve certain goals. They ignore or rather sacrifice all their dreams and aspirations and live life for the sake of it.

If you have the idea to start your own business, you should definitely pursue it ahead. No idea is small or big. The way it is executed makes it big or small. Firstly, you as a person should have confidence and belief in your ideas and thoughts.

An Entrepreneur is the person who decides to live few years of his/her life like others won’t, so that later he/ she can live a life that others can’t. How impactful is this sentence! If you also want to make a difference and want to do something that you love but don’t know how and from where to start your Entrepreneurship journey, then you are at the correct place!

When one can do a stable job and earn his/her living, then why should he/ she take risk of starting his/ her own business? The answer is very simple. One should take this decision to enjoy the fruits of success for life time. when you develop new business, your efforts= your gains. You get the reward you deserve for the hardwork you put into the business.

iFEEL (Institute for Education Entrepreneurship and Leadership) is an AICTE approved residential business school located at Lonavala. It is established by Global Education Trust in 2010.

It is offering an 11 months Family Managed Business (FMB)/ Entrepreneurship Excellence Program (EEP). This is a unique program which is designed keeping in mind the requirements of the Entrepreneurs in today’s challenging times. It helps in developing Entrepreneurial and leadership skills in the students.

Features of this 11 months Residential Entrepreneurship Program:

This program has special focus on the 3 pronged structure i.e., start, grow and turnaround business.

Start business: This program enhances your capabilities and thinking abilities to transform them into a successful business. To start the business is the most crucial step in your Entrepreneurship journey because this step will decide success or failure of business. There are many stories of startup businesses that failed. This happened because they made mistakes which resulted in their failure. This program guides you and enlightens you with the insights of how to start a business successfully and keep running for long.

Grow Business: Growth is essential for any type of business. The existing Entrepreneurs are always seeking new and innovative ways to grow in their business segment. They want to perform better than their competitors. True innovation comes from within you. This feature is for the Entrepreneurs who want to reach enviable heights in business.

Turnaround Business: Many Entrepreneurs lose hope after they fail once. Incurring loss in business is ordinary but, the conversion of this loss into profit is extraordinary. This program teaches you how you can change the business failure into success. Helps you to identify the areas of your business which require improvement. It helps the Entrepreneurs revive their Businesses which are functioning below their potential.

Other features include:

• Guest Lectures by Industry Experts and CEO/COO’s
• International and Indian Industrial Tours
• Customized Study Materials
• Global Best Practices
• Program Advisory Cell
• Exposure to Business and Trade Associations
• Residential Campus

Opportunity doesn't knock the door multiple times. Contact iFEEL today and change your life from a Job Seeker to a Job Creator with this 11 months unique program!

Click here for more details.

6 Unique Ways to Overcome Business Loss

“Success consists of going from failure to failure without loss of enthusiasm”. -    Winston Churchill (Former Prime Minister of the United Kingdom)

You started with a dream to start your own business. You had some specific goals and objectives to achieve. You wanted to establish the brand name of your company which you might have succeeded in. Today, there are many Entrepreneurs who stop their company because it is running in loss.

                 We all are familiar with the proverb; “try and try till you succeed”. Then why don’t we apply its meaning in our lives? Why do we lose hopes? Why can’t we keep an optimistic approach in life? Well, the answer to all these questions is FEAR. Yes. The human race is subjected to fear in all things. We fear the future and as a result of this we ruin our present.

Same implies in business. When you started your Entrepreneurial Journey, you might have faced many hurdles and obstacles in your way. Many people might have discouraged you and underestimated your potentials. Did you stop at this? Did you think they are right? No. Instead, you took the decision to prove all of them wrong. You wanted the world to praise your Entrepreneurship skills. Then why do you quit when you incur heavy losses in business?

Business is not as complicated as people tend to showcase it as. Belief in yourself, hard work, love your work, leadership, focus, knowledge, patience and an optimistic mind are among the key elements that contribute in the success of the business. Grand success comes only after great Failures. You will not know the significance of success if you haven’t experienced failure.

There are many reasons for a business to fail/incur loss:

• Poor communication strategy
• You are not able to reach out to your target audience in the appropriate manner
• There is scope of improvement in your product or services
• Your team is not working effectively or you need to recruit more talented and skillful people in your company
• You are not taking calculated risks
• You need to formulate a new marketing strategy for your business

You are not taking your competitors seriously etc.

Turning your business loss into profit is not impossible. Everything can be achieved if you have faith in yourself.

Ways to overcome business loss:

1.     Be optimistic: you can conquer the entire world with positive thinking. Keep telling yourself “NOTHING IS IMPOSSIBLE”.

2.     Nothing is constant in life: It is the golden rule of life. Everything goes through a change. In life, there are good and bad both days. There is no one who hasn’t faced a problem in life.

3.     Turn loss into positive loss: confused? It is very simple. Every failure that we face has some lesson hidden behind it. We should have the ability to identify it and make the most of it.

4.     Failure brings you closer to success: it is said that when one fails to achieve something, he is coming one step closer to his goal. Read the story of any successful Entrepreneur, you will find all of them had failed to attain their objectives initially. But they did not stop there. They turned it into a lesson and converted it to success.

5.     Don’t waste time worrying: “worry is like an armchair. It gives you something to do for the time being, but it gets you nowhere”. Firstly, you are facing heavy loss. Instead of doing something about it, you sit down worrying. Avoid this. Use that time for doing something about the loss. Think of ways unexplored and how you can achieve success.

6.     Motivate your employees: your team matters the most in order to succeed. If your team loses interest in the job, it will worsen the situation. Employees always inspire their boss. If you will have a tensed face, it will make the employees more nervous and insecure. Rather, have a smile on your face and hold your head high. Assure them the power of team work. Make them know how important their contribution is.

Institute of Future Education, Entrepreneurship and Leadership (iFEEL) is a residential Business School, established by the Global Education Trust in 2009. It is situated on five acres of lush green land at Lonavala. It is an AICTE affiliated residential business school that provides 2 years full time PGDM program.

Entrepreneurship Excellence Program (EEP) / Family Managed Business of iFEEL is a unique program which is designed keeping in mind knowledge, skills and the best global practices required to run businesses successfully in today’s time. Practical knowledge and tips from real life entrepreneurs help participants sail through ups and downs of business.

It has a 3 pronged structure; start, grow and turnaround. Contact iFEEL today and turnaround your business forever!!

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Be your own boss with Entrepreneurship Excellence Program

Let’s face the reality, all the working professionals have that one sudden feeling wherein they imagine themselves to be in the place of their Boss. Who doesn't want to start a new business and enjoy all those privileges which are entitled only to the boss? I am sure all of us do. This feeling is quite normal and is the result of the current highly competitive business conditions. Now is the time to convert this most dreamt about thought in reality. Use your potentials, capabilities, creativity and efforts in the right direction and start your own business.

Firstly let’s understand how you can benefit by being your own boss/Entrepreneur

·        Enjoy the freedom to choose who you want to work with: many a times in organizations one complains of not being able to gel up with few colleagues due to different reasons. Now obviously being just another employee of the company, you don’t have any option other than making adjustments at your work place. This shows its effects on your work performance. So why not be your own boss and live life the way you want.

·        Grow your own business:  once you are an Entrepreneur, you get the chance to grow your own business according to your own aspirations. You can follow your instincts and explore all the variations of business.

·        Create opportunities for yourself and others as well: once you start your journey as an Entrepreneur, you don’t grow alone. You play a vital role in the lives of your employees. When you grow and expand your business, opportunities are created for you and your employees also.

“Great power comes with great responsibility” is the proverb taught to us since school age. This is the best example to understand that if being an Entrepreneur is so advantageous, the responsibilities of it would be even larger.

Your role as an Entrepreneur:

    Have a detailed plan of the business idea: you should have a unique detailed plan for your business. Your business won’t stand a chance unless it’s able to stand out in the market. Your plan should be in your mind and then appropriately put down on a paper so that you can make it reality!

     Human resource management:
Your employees are going to define your success or failure. Without the proper human resource in your company you will not be able to run a new business. You should select skilled people as required by your business. You and your employees go hand in hand on the road to success.

     Research:
You should be updated about the slightest movement in the business industry for which continuous research is required. By doing this you learn what your competitors are doing in their business, get a chance to learn from their mistakes and formulate new improvised strategies for your business.

We at iFEEL completely understand your needs and how to groom aspiring Entrepreneurs into Successful ones. Entrepreneurship Excellence Program is the most unique and customized Program designed keeping in mind the requirements of Entrepreneurs in today’s challenging times. It also has the weekend Entrepreneurship Excellence Program to add to its uniqueness.

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Be An Entrepreneur And Create Jobs

India is the world’s second most populous country with a population of around 1.252 Billion (as per 2013 census reports). If the number of people is increasing, it goes without saying that so are the necessities. We humans have many basic requirements in life without which we can’t survive. Amongst them the most important one is Money. Be it the Rural or the urban regions, all are in the race to earn a livelihood and give a decent lifestyle to their families. When we talk about a City like Mumbai, it is employment which figures top amongst most prominent needs. You may be wondering why I am telling you about all this instead of speaking about Entrepreneurship. Well, it all goes together.

         When you speak of the word Entrepreneur,

You are speaking of a very vast element. An Entrepreneur is a person who is the owner of a business or venture and who takes up all the responsibilities for its functioning and management. He is the one who starts a new business with the intention of growing it to the best of his/her capability. Now, it’s obvious that he/she will create a job for himself but how is this related to creating jobs for others? Hold your curiosity for a while as I explain you further.

Entrepreneur- the creator of Jobs

• Human Resource: Any business irrespective of its size or nature cannot function without Human resource. Just imagine yourself doing business all alone. Not possible right? As you start recruiting suitable people for your Firm, you create jobs for them. As the number of your business requirements increase, the number of you creating jobs through recruiting.

• Taking calculated risks: As an Entrepreneur, you have to continuously thrive to develop Entrepreneur and leadership skills. This includes taking calculated risks in business. You will do this in the form of expanding your product line, trying new products, increasing manufacturing and production capacity etc. Each of this will involve more skilled manpower.

• Contribute to Wealth of the country: You have started a new business, developed it to higher levels and generated jobs for many people. In return you make profit which also benefits your employees. When the number of employment increases it will have a direct contribution to wealth of the country by increasing its GDP through increase in domestic consumption.

Your role doesn’t end at just being successful yourself. You are the one who directly creates opportunities for others as well as benefit the country economically. If you are eager to start your journey as an Entrepreneur, I have good news for you. Institute for Future Education Entrepreneurship and Leadership (iFEEL) is the best option for you. It is a residential business school at Lonavala established by Global Education Trust in 2010. It has designed a unique Entrepreneurship Excellence Program (EEP) which focuses on grooming Entrepreneurs and Future Leaders. This Program is formulated keeping in mind requirements of Entrepreneurs in today’s challenging times. It is the perfect mould for shaping your Entrepreneurship. Don’t just do a job, rather create it for others!

Click here for more inquiry

Awaken The Entrepreneur Within You

It is said that an individual has complete knowledge of himself. He knows what his strengths and weaknesses are. But we are often not familiar with few of our attributes. Some of our qualities lie unacknowledged. One has to do a self-assessment practice to identify his hidden qualities. Have you come across a situation when someone compliments your smile and then you suddenly realize that indeed you have a beautiful one? I am sure we all have been witnesses of such situations where we come to know of our qualities only after someone pointing it out to us. This holds truth in case of Entrepreneurship journey as well.

       Not all Entrepreneurs knew from birth that they would want to be Entrepreneurs down the line of life. It all happens when one comes in connects with his/her inner self. Let’s see what qualities define an Entrepreneur: 

 

      Leadership: Being a team player is very different than being the team leader. A leader is the driving force which moves the team to success. It is the most essential quality required to be an Entrepreneur. How you use this quality determines the success or failure of your Business. An Entrepreneur has to monitor the performance of every team member closely and convert their individual objectives into the ones required by business. If you have always been complimented after being a leader in school, college or work teams then life has already given you the cue!

        Creative:  This quality makes an Entrepreneur stand out in the crowd. When you start a new business, you have to be creative. Actually I feel only if one is creative, only then he would be able to come up with the unique business idea. Creativity is one such element which has no ends. What better way can you use your creativity other than applying it in your business for earning great profits?  DON’T JUST BE CREATIVE, USE YOUR PRODUCTIVITY!

        Time management:  Time is the most precious asset of life. Unfortunately, very few understand its worth. To run a new business, time plays a crucial role. You have to use it in the best profitable manner because not a single minute would come back to you once wasted. In business you have manage different aspects such as:

•   Production

•   Marketing & Promotion

•   Sales

•   Finance & Accounts

•  Administration

•   Customer Relationship Management

•   Human Resource Management

You have to be a Pro in all of these and you have to monitor performance of all the departments to succeed.

Being clear about the vision and mission of the business: Entrepreneurship is successful only if the Entrepreneur has a clear understanding of the vision (ideology and principles of the business) as well as its mission (what the business wants to achieve, in how much time, how and its objectives). The employees get misguided if the Entrepreneur isn’t clear about the vision and mission of the business.

 Communication Expert: No business can succeed without effective communication. You have to be heard by the customers. Here, the quality of communication comes to action.

“The primary task of leadership is to communicate the vision and the values of an organization. Second, leaders must win support for the vision and the values they articulate. And third, leaders have to reinforce the vision and the values”

-         Frederick Smith, FedEx Chairman and CEO.

You will never know how good you are at something unless you try. Just sitting there and saying “this is not my cup of tea” doesn’t make sense. iFEEL has come up with a very unique Entrepreneur oriented Entrepreneurship Excellence Program of 11 months (also available in the form of a weekend program). This is the perfect program to Develop Entrepreneur and leadership skills in you. Identify the hidden Entrepreneur in you and make the most of it.