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.

Entrepreneurship Excellence Program Advisory Cell

In any learning program it is very important to get the best of the advice from the experts. Their advice not only guides us but also enlightens our journey to be successful like them one day. When we talk about becoming an Entrepreneur in the current challenging business market, it is very essential to always be one step ahead having a solution to all the hurdles. You don’t want to invest a huge amount just blindly anywhere and anyhow without any expert advice and repent later. After all you are going to put in your hard earned money which is your savings of years into the business. What if I tell you there is one such program which brings the advice of finest industry experts to you? I know it’s a bit hard to believe but it’s absolutely true.

     iFEEL’s Entrepreneurship Excellence Program (EEP) is what you are looking for. It is a program designed keeping in mind all your entrepreneurial requirements and indeed gives the perfect shape to be a successful Entrepreneur. Let us see what EEP has in store for you in the form of its advisory cell.

EEP Advisory Cell

• It is the finest combination of experts across industries such as Banks & finance services, Education, E-commerce, Infrastructure, IT, FMCG, Oil & Gas, Retail, Real Estate, Steel, Telecom, Textiles, etc.

• This advisory cell comprises of Management Experts from Finance, Marketing, Human Resource, Operation & Real time successful Entrepreneurs.

• You are getting a set of advisory cell which has more than 100 years of experience all at your service.

EEP Advisory Cell consists of the following experts:

• Mr. Umesh Sadanand Joshi

Post: General Manager- Operations (Mahindra & Mahindra Ltd)

Industry – Automobiles and Heavy Engineering

• Mr. Pravin Kirplani

Post: General Manager- competitive accounts (Oracle India Ltd)

Industry: Information Technology and ITES

• Mr. Shivakumar Ganeshan

Post: Director- Finance (Hyatt Regency)

Industry: Hospitality and Real Estate

• Mr. Hari Krishan Lal

Head- IT (Trident Group)

Industry- Textile and FMCG

• Mr. P. Narsimha Rao

Post: Senior Vice President-HR (Reliance Industries Ltd)

Industry: Oil & Gas and Industrial Goods

ROLE OF THE ADVISORY CELL (organic & inorganic)

• Facilitation of your business plan helping you to bring ideas from mind to a piece of paper and then finally in reality

• Advice on Finance and Schemes for Entrepreneurs

• Marketing strategy & Digital Media Usage

• Quality management guidance

• Advice on optimizing human resource productivity

• Identification of key areas of improvement

• Establishing system & processes for business growth

• Identification of challenges in modern business world

• Coping with volatility, uncertainty, complexity and ambiguity(VUCA) of the world

So you are being gifted with the magic spell of starting, growing and then sustaining a successful business plan and run a new business. You are getting all of this at iFEEL’s Entrepreneurship Excellence Program which is designed for grooming Entrepreneurs and Future leaders by keeping in mind the requirements of Entrepreneurs in today’s challenging times. With the campus of iFEEL situated in the enchanting, close to nature serene Lonavala with all world class learning facilities what more can an aspiring entrepreneur ask for?

Don’t just be ANOTHER ENTREPRENEUR be a SMART ENTREPRENEUR.

Comprehensive Management Program “ In Family Managed Business"

 All of us might have sometime come across that one friend who was from a family managed business family. How we admired the thought of just carrying forward what our elders had hard worked on. But that was a very immature age to understand the maturity of this business. But as one enters the professional competitive world, the urge to develop new business arises within him. Who doesn’t want to make his own name in the industry? And Family managed business acts as the cherry on the cake!

When we talk about Family Managed Business in INDIA we are speaking of all the generations that comprise of the family. Not only does it involve the family/blood relation members, but it also consists of family friends, colleagues or other skilled people. Now we will learn the different aspects of this business.

FAMILY:  this business system involves the family as the core element. By family we mean all the generations that live in it.(forefather-grandfather-father-son/daughter etc)

OWNERSHIP: here comes the most critical element. The hands in which the ownership of the business lies, they have to be the most strongest of all because they have to hold each member close enough to sustain the business in the most profitable manner.

MANAGEMENT: again, it builds the base of any family managed business.the operation as well as the management of a Family Business is not an easy task. It involves the study of all the complex market developments and plays the most crucial part in balancing all the members individual interest with the interest of business.

This business is often criticized with the thought that business cannot be done with family members. It disturbs the emotional relations due to working imbalances. It is said that the older generation starts, grows, expands, widens the business and then the newer young generation destroys it due to its immaturity. But you will agree with me that this is subjective. Not all young aspiring business entrepreneurs follow this route. Infact, in today’s fast growing world each of us are mature enough to understand the responsibility of new business startup.

Few examples of family managed business are:

Aditya Birla Group

Ford

Mittal Steel

Raymond Group

Toyota

Tata Group

Walmart

Samsung                                   

         Your name could be next in the list. You just have to do a Family Management Business Course. This opportunity is being given to you by iFEEL in the form of Entrepreneurship Excellence Program. It is uniquely designed to focus on the grooming Entrepreneurs and Future Leaders. This program is designed keeping in mind the requirements of Entrepreneurs in today’s challenging times. Now it’s your turn to make the most of this program and expand your family business to higher levels.  

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 expect adjusting. This shows its effects on your work performance. So why not be your own boss and choose who you want to work with, the management rules etc.?

Grow your own business: once you are an Entrepreneur, you get the chance to grow your own business according to your own creativity. 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. So there is a balanced fulfilling relation which increases your profits due to its positive impact.

“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 crowd. 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.

• Define Your Products , Specifications, Features , Pricing

• Understand your competitors, How would you position your company in the Market Place especially in the mind of consumer 

• Plan your Inventory , Logistics, Vendors , Suppliers etc 

• Execute your Business Plan Meticulously as execution is the key to success.  

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.