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Tag: entrepreneurial skills

  • 10 Skills Investors look for in an Entrepreneur | How to impress an Investor?

    The internet along with modern technology has seen a boom in the past decade. It has stimulated a lot of young people to turn into entrepreneurs by crafting their unique business ideas. The 2021 Entrepreneurial Spirit Index published by IPSOS shows 29% of Generation Z ranked as having a very high entrepreneurial spirit, compared to 36% of Millennials, 33 % of Generation X, and 25% of Baby Boomers. As of 2022, there are reportedly 582 million entrepreneurs worldwide. This growth has encouraged more people and companies to become investors.

    The business you start might have huge market potential. But, for it to reach a wider market and attain success beyond the geographical limit, it needs constant financial support. This financial aid is offered by Investors and VCs who are always choosy about their investments. Investors expect certain qualities from entrepreneurs before they decide to invest. So, what are they? What are the qualities that an investor looks for in an entrepreneur? Let’s see.

    10 Skills Investors look for in an Entrepreneur

    How to attract investors?

    10 Skills Investors look for in an Entrepreneur

    Here are some of the entrepreneurial skills to impress an investor.

    In-depth Business Knowledge

    Pitching your business plan to investors requires inside-out knowledge of your business and its market. An excellent idea portrayed with poor business knowledge can be fatal. Moreover, the confidence with which you approach the investor has a direct effect on the funding. In-depth business knowledge gives you that confidence.

    Before preparing your presentation for investors, gain clear knowledge about the scope and problems of your business and market. Construct a plan to solve those problems. You can gain that by interacting with your prospective customers and other market experts. Look for the questions, criticisms, and suggestions that the investor might toss at you. Be prepared for such things so you can provide a satisfactory response.

    Team Building Skills

    Many investors prefer to invest in businesses that have a good team. As Will Herman, a popular Angel Investor himself said, he believes in a founder who has a good team. It includes not only the co-founders but also the management team as a whole.

    Every person can’t be an expert in all aspects of the business. So experiencing yourself in what you’re good at and building a team for other aspects can gain you a positive note from investors. Even an average business idea can be executed exceptionally through a good team. If you’re desperate about getting the investor’s concern, then knock on their doors with a competitive squad.

    Precision in Fund Requirements

    Being clear about the amount required and the ways of utilizing them is a significant factor seen by Investors. Opting for an open-ended request for funds shows your lack of business awareness. Get to know the market well and be as accurate as possible in your need for funds.

    Determining the channel of fund flow is another important and challenging factor. You need to be more specific to the investors regarding what ways their money will be utilized. It could be for customer acquisition, product development, or anything. Pitch them with specific numbers to gain their interest.

    How to Approach Investors for Funding for your Startup
    Today, startups are increasing daily, and to fund them, investors have to be very speculative. You can approach investors in different ways to get funding.
    StartupTalkyAishani Biswas

    Communication Skills

    The primary quality of a good entrepreneur is his Communication skills. The success of a business depends on the coordination between various departments, teams, and stakeholders. All these can be successfully bridged through effective communication by the entrepreneur.

    Therefore investors expect entrepreneurs to be good communicators for effectively managing the business. This will be keenly observed during your pitching. Now, what makes one a good communicator? Deep knowledge develops confidence and this, in turn, grooms you to be a good communicator.

    Passion towards Business

    Create a vision for your business and develop a sense of passion while running towards it. The more passionate you are, the more determined you’ll be towards achieving your goal. The path to success in business will be loaded with ups and downs. How you overcome it depends on how passionate you are about your vision. Investors look for such dedicated and vision-driven entrepreneurs to invest their money.

    Organizational and Leadership Skills

    The success of the business depends on the way it is organized and managed. Coordinating teams, assigning appropriate tasks, and motivating them towards the company’s goals are some of the functions that come under organizational and leadership skills. A leader inspires his employees directly. Therefore, this skill becomes essential for the success of a business. Due to its impact on their investment, investors expect this quality in you during pitching.

    Adaptability and Learning Skills

    An entrepreneur should always be open to learning and suggestions. Adapting to the constantly changing market is a crucial skill that an entrepreneur should possess. It keeps you alive in the face of a competitive market.

    Experienced investors may provide you with advice regarding the business. Even some people you meet, customers, or your failures might teach you something. You must keep yourself open to such learnings. Failing to look around and close yourself off might land you and your business in trouble.

    List of Angel Investors in Bangalore [With Contact]
    Find the best angel investor for your startup from this list of Angel Investors in Bangalore. Know about their contact & interest in investments.
    StartupTalkyLakshya Singh

    Problem Solving Skills

    Every entrepreneur must possess problem-solving skills to deal with day-to-day business challenges. Problem-solving is a combination of various other skills like analytical and critical thinking. It starts from identifying a problem and may involve taking complex decisions for business growth. You can develop this skill by going through various case studies of organizations and thinking from their perspective.

    Strategic and Critical Thinking Skills

    Strategic and critical thinking becomes essential for the overall development of entrepreneurial skills. You should be able to foresee problems from various perspectives to arrive at the best solution. Critical thinking becomes essential for making strategic business decisions.

    Developing the skill of thinking strategically and critically would help you out beat your competitors and expand your market reach.

    Marketing Ability

    Communication skills will help not only to sell your ideas to investors but also your products to customers. This requires a clear understanding of customers’ needs and preferences, your competitors, market conditions, and other external factors. Investors look for your team’s ability to convince a person and make them buy your product or service.

    Easy Ways To Find An Investor For Your Startup Company
    How to find investors in India? How to find investors to start a business? Let’s look at some ways to find an investor. We’ve listed some easy ways to find an investor for your startup company.
    StartupTalkyYash Gupta

    Conclusion

    Investors believe more in you than your business plan or products. Their investment depends on the value of trust you offered them. Trust can be built from possessing a combination of various skills mentioned here. Gaining as many skills as possible is always an added advantage to you and your business.

    FAQs

    What are the 10 Entrepreneurial skills?

    10 important entrepreneurial skills an investor looks for in an entrepreneur are:

    • In-depth Business Knowledge
    • Team Building Skills
    • Precision in Fund Requirements
    • Communication Skills
    • Passion towards Business
    • Organizational and Leadership Skills
    • Adaptability and Learning Skills
    • Problem Solving Skills
    • Strategic and Critical Thinking Skills
    • Marketing Ability

    Who are the top angel investors in India?

    Some of the Top angel Investors in India are:

    • Rajan Anandan
    • Mohandas Pai
    • Ratan Tata
    • Anand Chandrasekaran
    • Anupam Mittal
    • Kunal Shah
    • Dheeraj Jain
    • Gokul Rajaram
    • Amit Somani
    • Vijay Shekhar Sharma

  • Top 10 Skills Employers Look For in a Job Interview

    Your resume is not enough for the job you apply for. There are other things that the recruiter looks for. Whenever you go for any job interview, the employer looks for some soft skills irrespective of the job you are going for. In this article, we shall look at some of these skills which you will require for any job interview. These skills will enhance your chances of getting selected for the Job.

    These skills will not only help you in getting a job but will help you to leave a lasting impression on any person you talk to. Thus it will help a lot in any leadership position immensely. These skills will help also you to stand out and also enhance your career and help you in climbing the corporate ladders at a faster rate. So without any further ado let me talk about the top skills you need to develop before preparing for an interview.

    List of Skills you need to Ace for an Interview

    1. Communication
    2. Critical Thinking
    3. Teamwork
    4. Emotional Intelligence
    5. Self-driven
    6. Time Management
    7. Storytelling Skills
    8. Digital Skills
    9. Organizational Skills
    10. Adaptability

    List of Skills you need to Ace for an Interview

    A job interview does not only depend on your knowledge, experience, or expertise but also on the way to express yourself and the thought process you have. Here are the essential skills you need to ace which will give you an edge over others.

    1. Communication

    Communication Skills
    Communication Skills

    Communication is the basic professional skill which is required in any kind of job. Your career growth is directly proportional to the communication skill you have. Communication helps you solve complex and critical problems in your organization. When you handle complex things, you increase your personal power. This also makes you stand out in the crowd. Communication is therefore the first thing noted by the interviewer.

    2. Critical Thinking

    Critical Thinking Skills
    Critical Thinking Skills

    Critical thinking is one thing that recruiters will be looking for in any person. In any corporate office, you will face a lot of problems and will have to solve them as the need arises.

    Any company hands key functions to those people who are good at finding solutions to problems. From improving sales to doing any crisis management, it is employees with good critical thinking who are preferred in the company. This is why critical thinking is an important skill you need to develop.

    3. Teamwork

    Teamwork Skill
    Teamwork Skill

    No big work can be done singlehandedly so it requires a team to do it. This is why the skill of working with a team is very important.  The interviewer might test your teamwork aptitude by doing a group discussion. They might also ask you for an instance where you have to use various skills to work well with a team. You will be judged on your decision-making ability, communication, and management skills.

    4. Emotional Intelligence

    Emotional Intelligence is the ability to understand our emotions about ourselves and the people we work with. Having empathy will definitely make you look attractive. When your emotional intelligence is good you can help find solutions for the employees. This will make you a reliable figure in the office. It will make you stand out amongst your peer.

    5. Self-driven

    Self-driven Skill
    Self-driven Skill

    Every employer wants self-driven employees. In the modern age, every employee is expected to be responsible for their work and conduct it their way. These employees usually bring a huge amount of value to the company they work in. An employee like this seldom solves complex problems with creativity. They also add to the current system by improving the present situation.

    Top 13 Most In-demand Skills to Help you Land a Job in 2022
    In this article, we will review some of the most valuable modern in-demand job skills and skillsets that employers look for on a resume.
    StartupTalkyStuti Shree

    6. Time Management

    Time management is one thing that will distinguish you from other employees. Only when you manage your time properly you will be able to make grow with time. People who are focused on their goals and are always managing their time properly are the ones who win the game. For the people who climb the corporate ladders pretty fast, time management plays a crucial part in it.

    7. Storytelling Skills

    Storytelling skills
    Storytelling skills

    Storytelling is an important skill that distinguishes you from others. When you display these skills in an interview, you are bound to stand out amongst other interviewees. Storytelling also helps you a lot in any kind of corporate presentation and in any kind of leadership to inspire your team.

    8. Digital Skills

    In this world where almost everything is turning digital. Your employer will definitely look for digital skills in you. Today almost every operation happens digitally. Basic skills like coding, digital marketing, etc are looked at by any employer. Digital skills help you handle the assignments given to you in a more efficient manner.

    9. Organizational Skills

    Organizational skills are a must for any kind of employee. These skills are very much needed in the contemporary world. When you are adept in organizational structure then you can easily resolve any kind of conflict between employees. Organizational skills will help create a good image of yourself before your peers.

    10. Adaptability

    Adaptability Skill
    Adaptability Skill

    A very crucial thing that the employer note about you is how adaptable you are. The more you have adaptability, the more your chances of getting hired. In any corporate environment, you need to adapt to the situations quickly.

    In certain cases, you will be sent to a different project. You need to adapt to the new work environment and situations quickly. This is why adaptability is a very valued thing in your skillset repository.

    Conclusion

    I hope you now know about the various skills that you need to help yourself to get hired. You can start with the one which is easiest for you. After that, you can go ahead and master the rest of the skills quickly. Mastering these skills will definitely make you stand out amongst others.

    FAQs

    What are some common mistakes during a job interview?

    Some of the common mistakes are losing your focus on the interviewer, arriving too late or too early for an interview, talking too much, improper attire, and not researching about the company.

    What are the top 3 strengths that employers look for?

    Storytelling, being Self-driven, and Critical thinking are some of the top strengths employers look for.

    What soft skills do employers look for?

    Self-confidence, Communication skills, Teamwork and positivity are some of the top soft skills employers look for.

  • A Complete Guide on LinkedIn Learning and Its Features 2022

    LinkedIn Learning formerly known as Lynda.com is an instructional video library designed to train people about the latest business, creative skills, and useful technological aspects. It is a website that has facilities that offer you personalized course recommendations. It is made for people to learn from experts explained in systematic videos.

    LinkedIn Learning – About
    Larger Approaches
    Content on LinkedIn Learning
    Subscription of LinkedIn Learning Courses
    Who Is LinkedIn Learning For?
    More About LinkedIn Learning

    LinkedIn Learning – About

    Lynda Weinman and Bruce Heavin
    Lynda Weinman and Bruce Heavin

    This app belonging to the job training industry was developed in the year 1995 by Lynda Weinman and Bruce Heavin. As the name suggests, the parent website of this website is LinkedIn, which is currently owned by Microsoft company.

    LinkedIn Learning was first founded as Lynda.com in 1995 by Lynda Weinman. It was created as online support for her books and classes. She was a special effect animator and multimedia professor. Bruce Heavin, her husband, was an artist. Hence the duo created the website.

    In 2002 they started developing a paid course. By 2004, they had over 100 courses to offer.





    Get LinkedIn Learning now!



    10 Must-Have Skills to Succed as an Entrepreneur
    There are some sets of skills that every entrepreneur should have likeleadership, managing and entrepreneurship skills. It is considered as one of themajor factors of production. An entrepreneur’s ability is gauged by how wellthey make decisions, creativity and how well they are good in the manag…
    StartupTalkyYash Gupta

    Larger Approaches

    lynda.com was merged and renamed as LinkedIn learning in 2017
    lynda.com was merged and renamed as LinkedIn learning in 2017

    In the year 2013, Lynda.com received its first investment. It was $103 million in growth equity. This was from Accel Partners and Spectrum Equity, also there were additional contributions from Meritech Capital Partner.

    On 9th April 2015, LinkedIn approached to buy Lynda.com which closed on May 14th, 2015 a deal valued at $1.5 billion.

    In 2016, Lynda.com was being advertised its courses in Apple’s  TV application.

    However, in December 2016, Microsoft acquired the parent company of Lynda.com, LinkedIn. It was acquired for $26.2 billion.

    Lynda.com was merged and renamed LinkedIn Learning in October 2017.

    In 2019, the site enabled individuals to have a LinkedIn profile if they would want to access LinkedIn Learning. The decision was vehemently criticized. Hence in March 2021 patrons without any LinkedIn profile could use LinkedIn Learning.

    In June 2021, the website, Lynda.com was officially shut down.

    Content on LinkedIn Learning

    LinkedIn learning curses categories
    LinkedIn learning courses categories

    The LinkedIn courses are divided into three distinct categories. Business, creativity, and technology. These categories are further divided into subcategories. Under business comes divisions such as online marketing training, soft skills, finance and accounting, leadership, and many more.

    Again creativity faction offers courses like music, photography, web designing, and many more. Technology offers courses like programming languages, application development, etcetera.

    Other than individual courses, LinkedIn Learning, also provides courses to prepare for professional certification examinations like the Society of Human Resource Management certified professional. LinkedIn Learning has 34 certification courses. There are six continuing education programs.

    Using them, one can be certified for project management and more such credit-earning aspects. It gives you detailed knowledge of Adobe tools, including Illustrator, Photoshop, and InDesign. The best part of this website is that based on your preferences it will design a recommendation of courses appropriate for you.

    LinkedIn Learning Website
    LinkedIn Learning Website





    Get LinkedIn Learning now!



    Top 10 Professional Skills For 2021
    The development and introduction of new methods for keeping the wheels turnedbecame the natural outcome of a global pandemic. Many businesses have introducedand will retain the remote job model full time, while others expect to get backto work onsite in 2021. If you want to differentiate yourse…
    StartupTalkyMichelle D’souza

    Subscription of LinkedIn Learning Courses

    LinkedIn learning subscription plan
    LinkedIn learning subscription plan

    LinkedIn Learning offers a free trial for a month which can be canceled at any desired time.

    But they have limited options for payment of its courses. One can sign up for a month paying 1610.2 INR. Individuals can also for an annual plan paying 101.7 INR a month.

    There are also plans for teams or organizations to take up courses as groups. The pricing designs are personalized for them. Team or organizational prices are not disclosed. To discuss one must contact the website.

    Who Is LinkedIn Learning For?

    Anyone keen on learning can use LinkedIn Learning. However, it is the most useful for students who are looking for supplemental education, and also for people seeking jobs after graduation.

    This can be useful for office goers as well in order to update themselves to the latest technologies and so. It can be helpful even to colleges, universities, and agencies! This can be mending centers for real-life libraries too.

    Basically, LinkedIn Learning is a data-driven program designed with the best skill provision method. So that using it, learners achieve the efficiency they need to succeed.

    More About LinkedIn Learning

    Currently, LinkedIn enjoys more than 830 million members as its users with LinkedIn learning having more than 27 million users. This fact puts them among the top 10 websites of their kind! It also has 100 companies as its learners. They have updated themselves as LinkedIn Learning pro recently.

    The above graph shows the LinkedIn user base for the year 2015-2022
    The above graph shows the LinkedIn user base for the year 2015-2022

    Talking about the utility of this platform, it had no real drawback. Doing minor studies on any subject here is very useful. Also since there is a facility of a free month trial one can check how well the courses work for them. Hence all in all it is a good platform for learning.





    Get LinkedIn Learning now!



    Conclusion

    LinkedIn is a popular platform for job-seeking people as well as for recruiters. LinkedIn is a vast platform enjoying a user base of more than 830 million members for the year 2022. Another great opportunity given by LinkedIn to its users is the LinkedIn learning platform. The above context shares some useful information about LinkedIn learning.

    FAQ

    How much do LinkedIn learning courses cost?

    One can sign up for a month paying 1610.2 INR. Individuals can also for an annual plan paying 1101.7 INR a month.

    Is LinkedIn learning completely free?

    Yes, for the first month LinkedIn learning is completely free and from the next month, applicable charges may be applied.

    Is LinkedIn premium free for students?

    Yes, LinkedIn premium allows students free access for three month. However, the only condition for the access is that a student must have their university email, that is the email should end in “.edu”.

    Why should I use LinkedIn learning?

    LinkedIn learning provides great benefits to its users such as the courses provided by them fall into a wide range of topics with the best quality content for easy understanding. LinkedIn also provides an interactive and social learning approach to its users.

  • Top 5 Richest Self-Made Startup Founders in India

    The global economy has always been positively impacted by the introduction of startup companies, which has paved the way for the growing importance of their establishment among different countries.

    This has made the governments of the respective countries come forward to encourage their growth and rapid development, along with apt regulation. This startup growth has been witnessed across different sectors of the industry in India, which is at par with the rest of the world. India is one of the leading countries in terms of its startups. The government of India recognized 14,000 new startups in 2021 and 44 of them have also joined the coveted club of unicorns. The funding that is pouring in India today had never been seen earlier. Along with helping the companies turn unicorns and steering them forward to the next level, this funding is also helping the Indian entrepreneurs grow like never before.  

    Here are some of the successful richest founders in India.

    Byju Raveendran (and family)
    Nithin Kamath and Nikhil Kamath
    Divyank Turakhia
    Nakul Aggarwal
    Ritesh Arora

    Byju Raveendran (and family)

    Byju Raveendran
    Byju Raveendran

    Byju Raveendran is the Founder and CEO of one of the most prominent EdTech startups in India Byju’s. The veteran Indian entrepreneur was born in 1981 at Azhikode, Kerala. He did his schooling from a Malayalam medium school, where his mother “Shobhanavalli” and father “Raveendran” were mathematics and physics teachers respectively. After schooling, he pursued B. Tech from the Government College of Engineering, Kannur.

    Then after completing his graduation in the year 2003, he started working as a service engineer at a reputed MNC. After two years, he quit his job and started helping people prepare for the CAT examination. In 2007, he commenced the test preparation business “Byju’s classes” which was a success. This motivated him, thereby leading him to launch his startup Byju’s alongside his wife in 2011.

    With the rapid growth of the smartphone industry in India, he launched what we know today as “Byju’s – The learning app”. Within three years, the app got success at both national as well as international levels, as the app expanded its operation to English-speaking countries, such as the United Kingdom, the United States, etc.

    Byju’s app adheres to a freemium operation model, primarily aimed at preparing Indian students aspiring to clear examinations such as CAT, IAS, IIT-JEE, NEET, etc. It also helps to provide teaching assistance and facilities to the students of classes 3-12.

    The company overall gained so much success that it even bagged the recognition of being the shirt sponsor of the Indian cricket team, as announced in July 2019, replacing Oppo, who were the earlier sponsors. The deal allows Byju’s name to be printed on the team’s jerseys between September 5, 2019 – March 31, 2022. With over 100 million users and 6.5 million paid subscribers, along with a net worth of approximately 16.5 billion dollars, Byju’s is ranked among the top 5 national internet companies.

    Net worth

    The combined wealth of Byju Raveendran and his family (brother Riju Raveendran and spouse, Divya Gokulnath) stood at $3.22 bn (Rs 24300 crore), as per IIFL Wealth Hurun India Rich List 2021. The personal net worth of Byju Raveendran was last reported to be $1.7 bn in 2020. His company, Byju’s is also a market leader in terms of valuation. With a valuation of $21 bn, the Raveendran-led edtech company is the second most valued startup in India and the most valued edtech startup in the world, as per December 2021 reports.

    Thus, from his journey, we can learn that the passion for learning and imparting education o others, coupled with an overarching plan in place, one can achieve anything and everything in life.

    Awards and recognitions

    • Awarded the Manorama News Newsmaker Award in the year 2019.
    • Fortune Magazine 2020 ‘40 under 40’.
    • Finalist of the Ernst and Young 2020 Entrepreneur of the Year.
    • Winner of the Business Transformation Award in 2020 by Ernst and Young.
    • Winner of the Entrepreneur of the Year award at the Forbes India Leadership Award (FILA) 2021.

    Nithin Kamath and Nikhil Kamath

    Nithin and Nikhil Kamath
    Nithin and Nikhil Kamath

    Nithin Kamath created Zerodha, a brokerage firm with an open and low-cost business approach, in 2010. Zerodha, presently led by both Kamath brothers, Nithin and Nikhil, is the country’s largest brokerage, with over 5.48 million active clients.

    After reports in recent months that approximately Rs 80,000 crore of Indians’ money sits unreported in various banking and Demat accounts, Nithin stated in September that Zerodha would be introducing an ‘alert tool’ to its platform to notify beneficiaries when an account becomes inactive.

    Nithin and Nikhil had been trading right from their teenage years. The kids of a veena teacher and the manager of Canara Bank grew up in Bengaluru’s Basavanagudi, which is known for its lively traders. Nithin confesses that “greed” drew him into trading in the first place.

    They’d joined Reliance Money and Way2Wealth as sub-brokers, respectively. Kamath Associates, a firm that handles money for others, was founded because of its trading prowess. The trading brothers had a sneaking suspicion that the firm was about to be disrupted. “When the jobs accomplished per transaction are the same, why should fees be dependent on transaction value?” had been a problem Nithin frequently pondered.

    Nithin was aware of the industry’s lack of transparency. The number of securities financial transactions tax or brokerage imposed by brokers was sometimes unclear to clients.

    Despite the pandemic, Zerodha had its biggest year ever, with 1.5 million new users. Nikhil started his fund, True Beacon, for high-net-worth clients in 2019. It is still modest, with a corpus of Rs 380 crores, but it has gained an amazing 35 percent during the last 14 months.

    For the time being, the Kamath brothers are concentrating on what they do best: providing the best trading experience and a risk-free alternative to investors. There is also no stock study and no sales targets for any of the employees, which leads to misselling. They’ve introduced Varsity by Zerodha, which includes market tutorials. And the primary broking service continues to be unadvertised.

    Varsity by Zerodha
    Varsity by Zerodha

    Nithin, the company’s CEO, makes product choices and oversees the production, while Nikhil, the company’s CIO, manages risk and deals on their account. They’ve invested in various firms in the investment field and given money to climate change solutions, thereby channeling their brokerage earnings for a good cause.

    Net worth

    They are the biggest Indian entrepreneurs under the age of 40, according to the IIFL Wealth Hurun India ’40 and Under Self-Made Rich List’ 2020, with Rs 24,000 crore. SEBI recently authorized them to establish an asset management firm.

    Awards and recognitions

    • The Confederation of Indian Industry bestowed upon them the Emerging Entrepreneur Award (CII).
    • In its annual business review, The Economic Times recognized Kamath as among the 10 Indian entrepreneurs to follow in 2016 who have the most impact in their industries.
    • Forbes Finance in India in 2016 listed them in their 30 Under 30 list.
    • According to the CII’s CEO, “use technology to manufacture affordable things”.
    • Economic Times included them in “10 Businessmen to Watch in 2016”.

    Divyank Turakhia

    Divyank Turakhia

    Divyank Turakhia is distinguished as an Indian-born serial entrepreneur, businessman, computer programmer, self-made billionaire, and investor. Turakhia is ranked #1 in the IIFL Wealth Hurun India Rich List 2021. Media.net is the company that Divyank founded back in 2010, which went on to become recognized among the top 5 largest online advertising businesses globally. After scaling media.net to a promising level, Divyank is also credited for selling it to Miteno Communication Technology (Shuzhi.AI) in an all-cash deal in 2016 for $900M. This is also famous as the third-largest acquisition transaction in the online advertising industry worldwide.

    Turakhia began programming at the tender age of 9 years, while he started internet consulting for major companies including large corporates when he was just 14 years of age, in 1996. He then decided to borrow $600 from his father and after two years, he co-founded a web hosting and domain registration business. This venture was again quite a success for Turakhia and was eventually purchased by NASDAQ:EIGI in 2014 for $160M. Turakhia studied at Arya Vidya Mandir in Bandra, Mumbai and was later a student of Narsee Monjee College of Commerce and Economics (University of Mumbai), from where he graduated.

    Div or Divyank, as he is commonly referred to, reached the milestone of acquiring his $1 million at 18, attained the milestone of possessing $100 million at 23, and then leaped to cross the 1 billion dollar mark in 2016, when he was 34. A serial entrepreneur, Divyank has been Co-founder of Directi, Founder and CEO of Skenzo, Founder and CEO of Media.net, Founder and CIO of numerous global investment funds. Div stepped down from the position of CEO of media.net in October 2018 and is currently planning to spend some time running his global investment funds.

    Net worth

    Divyank Turakhia’s net worth has been listed at Rs 12, 500 crores by Hurun India in its IIFL Wealth Hurun India rich list 2021. He was featured as the youngest billionaire on the Forbes List of Richest Indians worldwide in 2018.

    Awards and recognitions

    • Economic Times awards the ET Panache Trendsetter Award in 2016.
    • Ranked #2 in the IIFL Wealth and Hurun India 40 & Under Self-Made Rich List in 2020
    • Recognized as the Youngest Indian Billionaire successively in 2016, 2017, and 2018.
    • Bloomberg Television in 2010 conferred upon the title “Winning Warrior”
    • BusinessWeek Magazine listed Divyank Turakhia among Asia’s Best Entrepreneurs Under 25 in 2006

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    Nakul Aggarwal

    Nakul Aggarwal 

    Nakul Aggarwal is popularly identified as the Co-founder and CTO of BrowserStack. Nakul is an alumnus of the IIT Bombay. Started with Lime Spot Technology India Pvt. Ltd., where he served the role of a Software Developer, he left the job after 2 years. In the meanwhile, he had already started QuarkBase.com as the co-founder. Aggarwal then switched to Lime Labs LLC as the Senior Software Engineer but left the same after stepping down from the co-founder position of QuarkBase.com. Nakul eventually took up the role of managing Development & Infrastructure at Downcase Consulting and while he was working with the company, he founded BrowserStack in 2011. Aggarwal then left Downcase Consulting.

    Net worth

    Nakul Aggarwal was ranked at the second position in Hurun Rich List 2021 with a total wealth of Rs 12, 400 crore.

    Awards and recognitions

    • Nakul Aggarwal is currently ranked #2 by the Hurun Research Institute in the IIFL Wealth Hurun India Rich List 2021.

    Top 5 Female-Founded Fashion Brands in India in 2021
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    StartupTalkyMahenoor Mansuri

    Ritesh Arora

    Ritesh Arora 

    Ritesh Arora is known as the Co-founder and CEO of BrowserStack. Ritesh co-founded BrowserStack in 2011, which is currently hailed as the world’s leading software testing platform. The vision was mainly to simplify testing for millions of developers globally. BrowserStack scaled far and wide and currently boasts of 50,000+ global customers, along with being backed by marquee investors like Accel, BOND, and Insight Partners. The Ritesh and Nakul-led company was recently valued at $4 billion.

    BrowserStack provides instant access to over 3,000 real mobile devices and browsers on its cloud platform and delivers quality software at speed. It currently aids leading companies like Microsoft, Twitter, Wells Fargo, Discovery, and Expedia.  

    Ritesh Arora has graduated from IIT Bombay with Computer Science and is a serial entrepreneur who has started multiple companies after completing his graduation.

    Ritesh is known as an angel investor and currently mentors many technology startups in India. Arora started as a Software Developer at Lime Labs and then founded QuarkBase.com and Downcase.com, but he no longer holds the role in the companies. Ritesh Arora finally founded BrowserStack, where he still is a Co-founder and CEO.

    Net worth

    Ritesh has a net worth of Rs 12,400 crore, as listed recently in the IIFL Weal Hurun India Rich List 2021.

    Awards and recognitions

    His company BrowserStack has won numerous industry accolades like:

    • It has been named to Forbes 2021 Cloud 100.
    • LinkedIn ranked BrowserStack at #1 in its Top 25 India Startups list.
    • The company was hailed as the Bootstrap Champ by Economic Times.

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    Conclusion

    With the increase in the support and assistance from the Indian government to the startups, the young and budding Indian entrepreneurs must keep these role models as their benchmarks of success. The early initiatives of these listed people got them to where they are now. The startup founders are the embodiment of creativity and innovation. Thus, their journey offers some valuable insights, following which the entrepreneurs can push their initiatives towards glory.

    FAQ

    Who are the richest entrepreneurs in India?

    Byju Raveendran and Family, Nithin and Nikhil Kamath, Divyank Turakhia, Nakul Aggarwal, Ritesh Arora are the richest entrepreneurs in India, as of February 2022.

    How much do startup founders make in India?

    The average salary of a startup founder is between Rs 15 lakhs to Rs 80 Lakhs depending on the experience.

    Who is the youngest CEO in India?

    Suhas Gopinath is the youngest CEO in India. He took charge of the CEO of Globals Inc. at the age of 17.

  • How to Make 2023 Your Most Successful Year in Business?

    A new year means a fresh start. Although this common expression isn’t totally accurate, the end of the year indeed urges us to reflect on what worked and what didn’t in order to make objectives for the coming year.

    You’ve probably observed that nothing happens if you don’t do anything. Take significant action, put in the effort to get the outcomes you desire, and things will begin to happen. You must put forth the effort to get the desired results. There’s no getting around it.

    The new year is an opportunity to rewrite the rules and quit settling for less in your business. It’s an opportunity to cast a new strategic vision than in the past, resulting in more success and progress in your business and your life.

    So, if you’re still unsure about the year 2023, here are a few things to consider so that you may boss up and have a fantastic 2023.

    Things to Consider in 2023 to make it a Successful Year

    Approach Mentors and Coaches
    Take Care of Yourself
    Set Realistic Goals
    Improve your Leadership Skills
    Learn New Skills
    Work Smarter
    Start Networking
    Conclusion
    FAQs

    Tips to help you make 2022 your most successful year

    Approach Mentors and Coaches

    Planning and coaching are a successful mix for achieving your objectives in the new year. All entrepreneurs want mentors who can advise them and provide them with the necessary skills to succeed. If you don’t have folks like this yet, start looking this year; if you do, make an effort to maintain regular and meaningful touch with them.

    Remember that a mentor can help you with everything from providing you sound advice to connecting you with industry insiders. A good real estate coach will work with you or your team to identify strengths, develop a strategic strategy, and overcome obstacles while staying on course. You’ll get the help you need to keep on track and reach your full potential.

    Take Care of Yourself

    If you’ve only recently launched your business, you’ve most likely overworked yourself. Try to improve your food and sleeping habits, as well as exercise and meditate every day in the coming year. Keep in mind that your health has an impact on your performance and that ignoring it can lead to long-term physical and emotional suffering. It’s no secret that many small-business owners work long hours. But how can you operate a company effectively if you’re exhausted and worn out? You, your organisation, and your personal life are all at risk of burnout. You must be in good mental, physical, and emotional health. Make sure you’re running your business in a healthy manner. We all have different limitations to how much we can work and different ways of dealing with stress.

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    Set Realistic Goals

    Set realistic goals to make new year successful
    Set realistic goals to make new year successful

    Trying to jam far too much into the year is among the easiest methods to have a bad year. Setting ten realistic goals for a year and achieving all of them is much better than setting 20 goals, busting a gut all year and only achieving half of them.

    But on the flip side, you don’t want to be overly cautious either. A year is a long time, and it’s perfectly possible to achieve many of your hopes, dreams and ambitions in that time.

    List the strategies you will implement to reach your goals. To make this easier, break down these steps into small tasks and give deadlines for each one. By making the tasks smaller, they become less daunting and more achievable. And by giving yourself deadlines for each task, you make the action steps easier to organise.

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    Improve your Leadership Skills

    Even the most seasoned entrepreneurs have been rocked by the economic crisis’s entrepreneurial tribulations. You may be doubting everything in your professional and personal lives, including your ability to lead effectively.

    One of the most challenging problems that entrepreneurs face is being a good leader. Gathering support when morale is down, creating an environment that fosters creativity, delegating work, and thinking outside the box, and never losing sight of where you want your firm to go are all instances of this. With so many different leadership styles to select from, the leadership style you choose will have an influence on the culture and ability of your business to thrive. Communication has been a hot issue in recent months, and it will continue to be one of every leader’s most important tools in the next year. You’ll be shocked how far you can go with good leadership.

    Learn New Skills

    The finest leaders are noted for their ability to learn quickly. If you prepare yourself to advance in your career, anyone can succeed. You can never have enough information or abilities, and even if you do, you must continue to hone them in order to manage a successful business.

    It doesn’t have to be a time-consuming skill, and it doesn’t have to be something complicated like learning a new programming language. You can begin by learning skills that will aid your organisation, such as communication, data analysis, leadership, and business management.

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    Work Smarter

    work smarter to make new year successful
    work smarter to make new year successful

    Entrepreneurship is all about putting in long hours. If you’ve struggled to meet your objectives, you’ve probably heard someone tell you that you need to work more. It’s not about working longer hours but rather about working smarter. Make it your goal to eliminate the major sources of distraction and concentrate more on your duties. Create a work plan that allows you to be more productive while also lowering your stress level.

    Consider how you can incorporate a tried-and-true technique into your new strategy. Make a list of the habits and strategies that helped you stay on track and utilise them to help you achieve future goals. Reflecting on what has worked in the past might help you remember what you’re capable of. This is a fantastic approach to boost your self-esteem and motivate you to move on.

    Breaking down your high-level goals into detailed to-do lists for each day will help you keep focused on the things that will make a real difference to your blog and will actually assist you in getting to where you want to be by the end of 2022. It’ll also keep you from becoming side-tracked by things that seem like a wonderful idea but won’t help you achieve your ultimate goals.

    Start Networking

    Whether it’s a new partner for a future project or a new consumer, networking is a terrific approach to developing business leads. It’s also a good way to keep up with the latest developments in your field.

    Joining a business organisation is a fantastic way to meet and network with like-minded people. These organisations offer a variety of advantages. Aside from networking and relationships, these sorts of entrepreneurial groups may provide invaluable exposure, guidance, and mentoring.

    An entrepreneur may assist you in determining what you’re doing incorrectly and how to develop and expand your company.

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    Conclusion

    A successful entrepreneur is one who never stops learning. Make it a point to gain new skills, maintain your education, and engage in memory and concentration-boosting activities. Look for hobbies that pique your interest while also allowing you to network and improve your leadership skills. Similarly, make time for rest and enough sleep on a daily basis. Sleep is actually one of the most effective productivity aids available. You work more effectively, are more motivated, and get more good work done when your mind and body are rejuvenated. All of this will help you make 2022 your finest and most successful year ever!

    FAQs

    How to make 2022 your most successful year?

    Here are some of the things to consider to make 2022 your most successful year in business:

    • Approach Mentors and Coaches
    • Take Care of Yourself
    • Set Realistic Goals
    • Better your Leadership Skills
    • Learn New Skills
    • Work Smarter
    • Start Networking

    How to achieve goals for 2022?

    Here are few things to consider to achieve goals:

    • Set realistic goals.
    • Make strategies to reach your goals.
    • Break down the steps into small tasks and give deadlines for each.

  • Top 13 Most In-demand Skills to Help you Land a Job in 2022

    The 21st year of the 21st century is about to come to an end, leaping into 2022 which patiently awaits a significant buildup towards the peak of the much-awaited Fourth Industrial Revolution. This revolution could trigger the advent of completely new tech industries and companies which would be generationally different from what the established corporations have come across.

    Every aspect of regular human life is increasingly becoming digitalized, which would mean more data to be processed smartly and efficiently. The emergence of cutting-edge technologies like AI (Artificial Intelligence) and the new Metaverse which presents a three-dimensional internet becomes one of the several testimonies of this worldwide digitalization. Keeping this in mind it is only intelligent to keep a few tech skills handy, while also nurturing some basic soft skills which might become an exclusive enabler for everyone as 2022 begins.

    To help with this newfound era, some inherently necessary technology-driven skills that should be equipped and learned by the masses are suggested below.

    Top 7 Emerging Hard Skills to Add in Your Resume
    Top 6 Emerging Soft Skills to Add in Your Resume
    FAQs

    Top 7 Emerging Hard Skills to Add in Your Resume

    Artificial Intelligence (AI) and Machine Learning (ML):

    Artificial Intelligence and Machine Learning
    Artificial Intelligence and Machine Learning

    Artificial Intelligence and Machine learning are emerging as the prime focus of every other company which requires processing its data to make it more and more customized for all customers, aligning the interests as preferred. Along with this, AI has become a very powerful tool in handling the basic daily needs of its user by assisting in playing music or even switching the lights on or off.

    All leading companies have introduced their own virtual assistants like Cortana (Microsoft), Alexa (Amazon), Google Assistant (Google) which are programmed to learn the mannerisms of its users, along with the introduction of software(s) like facial recognition. Experts have agreed on AI being the ever-rising component of the tech industry, making it one of the finest skills to acquire for anyone.

    UX Design:

    UX Design
    UX Design

    Innumerable websites are being created on an hourly basis on the internet offering several services to its visitors which has generated a lot of tussles between multiple competitors with the same aim in mind. UX designers have become a must-have for any organization which wants to have a prominent and powerful internet presence since the designers create products and websites having peculiarly attractive first impressions for any visitor.

    The impression is enhanced by thorough research, prototyping with precision, and structuring accurate information architecture. This increasing demand for UX designers makes the skill extremely desirable for many years to come.

    Cyber Security:

    Cyber Security
    Cyber Security

    The rate of digitization of data is immeasurable today, making almost everything accessible online if a person has an advanced understanding of working the system to extract whatever information is needed. Thus, data leaks have become recurrent which has made the need for cyber security workers and experts more than ever before. Any company with a virtual database would prefer having a cyber security team for the protection of data stored from possible threats.

    Not just that, but even national governments have forums to protect their people from being harassed or bullied online. Hence, being familiar with the data and IT security skillset would increase the chances of being employed at every other private/government organization on national and international levels.

    Blockchain Programming:

    Blockchain Programming
    Blockchain Programming

    In a world where cryptocurrency and NFTs (Non-fungible tokens) are becoming important every passing second, it is highly advisable to start learning the basics of blockchain programming which has acquired popularity alongside Bitcoin (BTC) having its entire functioning based on it.

    A single BTC is worth more than 50k USD which only makes the learning of blockchain programming even more incentivized as being equipped with such knowledge would not only help in building blockchain startups but also benefit you in trading as well. Thus, increasing the popularity and demand for advanced programmers with an extensive understanding of the crypto market.

    Robotic Process Automation:

    Robotic Process Automation
    Robotic Process Automation

    RPA (Robotic Process Automation) is a lesser-known skill set that has taken over numerous markets and their operative. Despite economic pressure faced worldwide as an aftereffect of the pandemic, this field will continue to grow through 2021 to 2022 in industries like healthcare and transportation. Thus, acquiring expertise in RPA can become a major add-on to anyone’s Curriculum Vitae.

    Cloud computing:

    Cloud Computing
    Cloud Computing

    Every company with a significant amount of information to be stored in their database requires cloud storage with functioning load balancing and scaling done efficiently. This also provides enhanced collaboration with full transparency for its users in tech industries as the cloud designers focus on continually customizing the user interface as per its users’ demands. Having cloud computing as an added skillset would smoothen the working of any organization which makes the job is constantly in demand.

    Web Development:

    Web Development
    Web Development

    Coding with Java, CSS, HTML has become the backbone of the internet with every new website that’s being created or any keyword being searched on the search engines, there is always a code running in the background carrying out all the tasks as we watch it being performed. These mechanisms need modifications and rectifications from time to time where the web developers come in. This inherent need for their abilities cannot be eliminated even after automation which makes this a much-required skill for the years to come.

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    Top 6 Emerging Soft Skills to Add in Your Resume

    Top Emerging Soft Skills
    Top Emerging Soft Skills

    After having addressed some of the aforementioned need-of-the-day skills required for any budding entrepreneur, given below is another list consisting of major soft skills required to give the technical aids a proper room for growth to reach full potential:

    Stress management:

    While it may look like there isn’t anything that can be done about stress at home or work but when thinking hard enough there might be some ways to manage stress. Starting with, identifying the source of the stress, not holding on to things, moving on, connecting with people, and a lot more.

    Emotionally intelligent leadership:

    Emotionally intelligent leaders are leaders that are aware of their emotions and also aware and understanding to emotions of other people. These are the people who can connect to their employees well and channel their emotions into projects and assignments and do extraordinary work in their respective fields.

    Methodical innovation:

    Methodical innovation is important for clear understanding and application of theoretical ideas and strategies that result in productivity.

    Impactful social influence:

    Making an impactful social influence is important for positive effects on opinions and behaviour. It can be manipulative still has its advantages.

    Analytical approach:

    A leader needs to have an analytical approach to problems. An analytical approach is breaking down the problem into different elements so that it becomes smaller and easier to solve and is less time-consuming.

    Problem-solving inventiveness:

    Problem-solving inventiveness is important as it provides a systematic and organized approach to solving the problems. A leader is required to have this skill for fast and better solutions.

    Conclusion

    The new age of industrialization and technology is bound to create a multitude of openings to channel creativity while engaging on a worldwide stratum of information and idea exchange. The skills listed above are bound to come in high demand as the market will expand faster than ever, especially on a virtual plane. Hence, it is only intelligible to indulge in skills that would put a day’s work on the level of authentic importance in a pacing network of budding market demands.

    FAQs

    What skills will be in-demand for the next 10 years?

    7 High demand skills for the next 10 years are Selling, Marketing, Coding, Negotiating, Communicating, Leading, Problem solving.

    What is the best skill to learn?

    The best skills to learn are Writing, Public speaking, Meditation, Forming good habits, Negotiation, Mathematical thinking, Coordination, and flexibility.

    What new skills can I learn?

    The new skill one can learn is Programming skills, Data Analysis and Statistics, Digital literacy, Foreign language, Project management, Speed reading, Public speaking, and Social media and digital marketing.

  • Fascinating Must Watch Documentaries For Entrepreneurs -Tactics That Can Help Your Business Grow

    In an era of “NETFLIX and CHILL“, movies, web series, shows, and documentaries have enthralled audiences on a large spectrum. Since a long time, great business documentaries with commercial potential have shredded their popularity but Netflix has brought the thrill in them.

    Binge-watching your favourite shows can be a good way to take the burden off your shoulders from a long-hectic day. There is a never-ending list of documentaries if you are an entrepreneur but there is something you should know about ‘must-watch’ documentaries about business and learn from them.

    The immediate effect of COVID-19 is ubiquitous on businesses and entrepreneurs. Though businesses have shut down its emotional toll on our mental health can be far worse than the physical pain.

    Often said in a pep talk- ‘get out of your shell and explore the world’ because that’s what brings up the zeal. Some go out and learn but help yourself to inspire yourself on a couch and a bowl of popcorn or a pen and notepad in front of the TV.

    Here’s a list of top 10 must-watch documentary films:

    Something Ventured (2011)
    Generation Startups (2016)
    Jiro Dreams of Sushi (2011)
    Elon Musk : The Real Life Iron Man (2018)
    Inside Bill’s Brain: Decoding Bill Gates (2019)
    Capital C (2014)
    The Startup Kids (2012)
    American Factory (2019)
    Startupland: A Documentary Film (2015)
    CodeGirl (2015)
    Becoming Warren Buffet (2017)
    Steve Jobs: One Last Thing (2011)
    The Director: An Evolution in Three Acts (2013)
    Print The Legend (2014)
    Enroe: The smartest Guys in the Room (2005)
    FAQ

    About Entrepreneur Documentaries or Business Documentaries

    The entrepreneur is a hub of an innovator, a source of new ideas, goods, services, and business/or procedures. The one with the vision starts a business and takes risk & loss at every obstacle in order to make money. There are 4 types of entrepreneurial organizations: small business, scalable startups, large companies, social entrepreneurs.

    Sometimes learning from others’ experiences and lessons one can tackle all of the common hurdles smartly. So, do the entrepreneur documentaries brings the visionaries from great entrepreneurs who now have turned out to be business leaders like Bill Gates, Steve Jobs, Walt Disney, Andrew Carnegie, Henry Ford, Oprah Winfrey, Larry Page.

    Many online platforms like Netflix and YouTube brings countless good business documentaries on startups and entrepreneurship business documentaries. It’s important that you watch selected documentaries rich with quality and motivation because that not only expands your horizons but also commits you to the whole learning and evolving process in your field. Documentaries on global business leaders not only teaches you the pecs of entrepreneurship but also gives you ideas to hit a good conversation.

    The qualities that a startup documentary or a show should have :

    • Humanistic values.
    • Entertainment.
    • Knowledge-seeking.
    • Business focus and networking.
    • Creative thinking.
    • Delegation.
    • Management.

    This sole would cultivate an element of motivation, passion, determination, and majorly how to race up the market shares.

    With a lot of genres in entrepreneurship documentaries, if you are here for to must watch business documentaries on how to enrich your business, build your pecs, or broaden-up your entrepreneurial knowledge, then

    Something Ventured (2011)

    Director of Something Ventured: Daniel Geller (co-director), Dayna Goldfine (co-director).

    This documentary about successful entrepreneurs builds a storyline on individuals who built a finance industry with the advanced modern technology in the past 50 years with companies like Intel, Apple, Gentech, and many more.

    Why Entrepreneurs should watch Something Ventured: It gives short and fun history learnings on the California companies and focus on venture capitalists around the Bay Area and silicon valleys.

    Generation Startups (2016)

    Directors: Cheryl Miller Houser, Cynthia Wade.

    Generation Startup takes the United States to the front lines of entrepreneurship in America, capturing the struggles and triumphs of six recent school graduates who place everything on the road to make startups in Detroit. Shot over a year, it associates honest, in-the-trenches investigate what it takes to launch a startup.

    Why Entrepreneurs should watch Generation Startups: The movie helps us Learn to fail and redefine success.

    Jiro Dreams of Sushi (2011)

    Director: David Gelb.

    A documentary about business success on 85-year-old dish master Jiro Ono, his noted Japanese capital eating place, and his relationship along with his son and ultimate heir, Yoshikazu. He puts perfection before approaching to success.

    Why Entrepreneurs should watch Jiro Dreams Of Sushi: The movie is fascinating and sacred, this portrait of a man in pursuit of perfection maybe a demeaning and life-changing experience, the value of being a perfectionist.

    Elon Musk : The Real Life Iron Man (2018)

    Director: Sonia Anderson.

    This goes on discovering the rise of Elon Musk, one who is reworking the means we expect concerning travel technology through electrical cars, the Hyperloop, and revolutionary concepts on how to endure computing and colonizing Mars.

    Why Entrepreneurs should watch Elon Musk : The Real Life Iron Man: The movie teaches persistence, doing things differently during a higher means, business school about entrepreneurship are not taught in school.

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    Inside Bill’s Brain: Decoding Bill Gates (2019)

    Director: David Guggenheim.

    A documentary about successful entrepreneurs that talks about Bill Gates‘  life as he pursues solutions and plans to a number of the world’s most advanced issues. Gates’ making an attempt to seek out to answer the insipid, off point, immature queries and “unbroken questioning”.

    Why Entrepreneurs should watch Inside Bill’s Brain: Decoding Bill Gates: 3 part mini segments are excruciating and delve into Bill Gates strategy.

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    Capital C (2014)

    Director: Timon Birkhofer, Jørg M. Kundinger.

    CAPITAL C is the 1st documentary concerning crowdfunding. The documentary CAPITAL C covers adventures of crowdfunding. Each character has a great success in crowdfunding. The documentary paints a picture of small industries’ journey to achieving success in the crowdfunding campaign.

    Why Entrepreneurs should watch Capital C: It conveys so well the eagerness, passion, energy and responsibility which is created when developers of products work directly for consumers of products.

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    The Startup Kids (2012)

    Directors: Vala Halldorsdottir, Sesselja Vilhjalmsdottir.

    The Startup Kids is a documentary concerning young net entrepreneurs within the U.S. and Europe. It contains interviews with founders of Vimeo, Dropbox, Soundcloud associated additionals and mention how they started their company and their lives as a bourgeois. in conjunction with those individuals from the technical school scene speaks concerning the startup surroundings together with the plunger Tim Draper and MG Siegler, technical school blogger at Techcrunch.

    Why Entrepreneurs should watch The Startup Kids: It’s one of the thrilling version of jumping off a cliff and having to build your own parachute. Staying on the edge of your comfort zone, and everything you’re doing is basically something you’re just barely qualified for or not qualified for.

    American Factory (2019)

    Directors: Steven Bognar, Julia Reichert.

    In this documentary, hopes soar once a Chinese company reopens a shuttered factory in Ohio. However, a culture clash threatens to shatter the American dream. The documentary American Factory shows the shifting ground of globalization, and the instability it brings to workers’ life. Workers attempt to find stability in this situation.

    Why Entrepreneurs should watch American Factory: Thoughtful and troubling look at the dynamic between workers and employers in the 21st-century globalized economy. Brings hope and fervour.

    Startupland: A Documentary Film (2015)

    Startupland: A Documentary Film

    Director: Justin Gutewin.

    Five startup CEO’s have twelve weeks during a tech accelerator to build their ideas into promising corporates before they present to a room full of investors. How Three guys risked everything and turned a bright idea into a world-class business.

    Why Entrepreneurs should watch Startupland: A Documentary Film: Since startup units are everywhere, teaches how to take risks and turning a plan into a global business.

    CodeGirl (2015)

    Director: Lesley Chilcott.

    Documentary concerning high school girls from around the world who attempt to higher their community through collaboration and technology. The documentary focuses on a coding competition. Female high school students learn to make business plan and write code. The teams identify a global problem and solve it by creating a mobile phone application. Messages included in Code Girl are overcoming the stereotypes, working hard to make a positive difference in the world.

    Why Entrepreneurs should watch CodeGirl: Brings on the diversity in all facets of technology among teens, parents and teachers and throws light on a specific project.

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    Becoming Warren Buffet (2017)

    Director: Peter Kunhardt and Brian Oakes

    This startup documentary is based on Warren Edward Buffet who is an American businessman, investor, philanthropist and the CEO of Berkshire Hathaway. The documentary follows the business magnate on his journey from being a numbers-obsessed boy from Nebraska to being one of the richest and most respected men in the world. The documentary shows us how the billionaire still lives in a modest home in Omaha and drives himself to his office to manage Berkshire Hathaway

    Why Entrepreneurs should watch Becoming Warren Buffet: entrepreneurs can extract important life lessons from the humble billionaire, his family and his peers.

    Steve Jobs: One Last Thing (2011)

    Director: Mimi O’Connor and Sarah Fanthorpe

    Steve Jobs: One Last Thing is one of the best documentaries on entrepreneurs, as it based on none other than Steve Jobs, the Cofounder and former CEO of Apple. The documentary follows his journey of Steve Jobs, his talents, style, influences and imagination that led to changing all of our lives. The documentary is unique as its draws from his interviews with people and gives us a peak into his complex life. While Steve Jobs friends, fans, colleagues and rivals reflects upon his talents and achievements.

    Why Entrepreneurs should watch Steve Jobs: One Last Thing: the documentary shows how some people and their inventions can change our everyday world of work, leisure and the way we communicate.

    The Director: An Evolution in Three Acts (2013)

    Director: Christina A. Voros

    The Director: An Evolution in Three Acts is best documentaries for entrepreneurs for want to venture into the fashion Industry. This documentary is from the point of view of a filmmaker who examines the work of the Italian fashion designer Frida Giannini, who is the creative director for Gucci. It showcases how the fashion designer made her decision to return to the famous brand’s iconic past to reimagine its path into the brand’s future.

    Why Entrepreneurs should watch The Director: An Evolution in Three Acts: It shows behind the scenes of world-renowned fashion house Gucci and how big luxury fashion brands work from coming up with a concept to runway and finally into people closets.

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    Director: Luis Lopez and J Clay Tweel

    Some entrepreneur documentaries like Print the Legend are rare as it focuses on the evolution of a particular industry. Print the legend is award winning startup documentary that focuses on the 3D Printing Industry and startups like MakerBot and Formlabs and major printing companies such as Stratasys, PrintForm and 3D Systems. The documentary is shot wholly on Canon EOS C300 and Canon EOS C100.

    Why Entrepreneurs should watch Print The Legend: the documentary explores the innovative thinking behind 3D printing and how companies are trying to bring 3D printing into your desktop and life.

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    Enroe: The smartest Guys in the Room (2005)

    Director: Alex Gibney

    Enroe is a documentaries on entrepreneurs and the mirror to the modern corporate corruption especially in America. The documentary explores the fall of the Enron Corporation, and how the executives of the company resort to several illegal schemes in order to make money at any cost and keep their high-paying jobs. Enroe is a critically acclaimed documentary whichbased upon the best-selling 2003 book of the same name.

    Why Entrepreneurs should watch Enroe: The smartest Guys in the Room: Very few documentaries on entrepreneurs, teach you a lesson that no matter how many bad days a business man or an entrepreneur has, he/she must always have integrity and be honest.

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    Entrepreneur Documentary Films

    documentary films which you can watch and enrich your business
    documentaries which can enrich your business
    • Print The Legend (2014)
    • The Inventor(2019)
    • Tony Robbins: I’m Not Your Guru (2016)
    • Seeing Allred (2018)
    • Freakonomics (2010)
    • Becoming Zlatan (2015)
    • Becoming Warren Buffet (2017)
    • Betting On Zero (2016)
    • House of Z (2017)
    • Silicon Cowboys (2016)
    • She Did That
    • Merchants of Doubt (2014)
    • Pirates of Silicon Valley (1999)
    • Once in a Lifetime (2006)
    • Maxed Out (2006)
    • The Call Of the Entrepreneur (2007)
    • The Corporation (2003)
    • Triumph of the Nerds (1996)
    • The Pixar Story (2007)
    • Standing in the Shadow (2002)
    • Startup.com (2001)
    • Flash of Genius (2008)
    • e-Dreams (2001)
    • We Live in Public (2009)
    • Wal-Mart: The High Cost of Low Price (2005)
    • The Entrepreneur(2009)
    • Hank: 5 Years from the Brink (2013)
    • Ctrl+Alt+Complete (2011)

    Enjoy Watching them because at the end when the timing is right, years of trying and never giving up, will make you look like an overnight success.

    FAQ

    What are the 10 pecs of an entrepreneur?

    • Opportunity-seeking and initiative.
    • Persistence.
    • Commitment.
    • Demand for efficiency and quality.
    • Taking calculated risks.
    • Goal setting.
    • Information seeking.
    • Systematic planning and monitoring.
    • Persuasion and networking.
    • Independence and self-confidence.

    What is entrepreneurial competency?

    Entrepreneurial competencies can be defined as underlying characteristics such as generic and specific knowledge, motives, traits, self-images, social roles, and skills which result in venture birth, survival, and/or growth (Bird, 1995).

    What are the 7 characteristics of entrepreneurs?

    7 Characteristics of Successful Entrepreneurs:

    • self-motivation.
    • Understand What You Offer.
    • Take Risks.
    • Know-How to Network.
    • Basic Money Management Skills and Knowledge.
    • Flexibility.
    • Passion.

  • 10 Must-Have Skills to Succed as an Entrepreneur

    There are some sets of skills that every entrepreneur should have like leadership, managing and entrepreneurship skills. It is considered as one of the major factors of production. An entrepreneur’s ability is gauged by how well they make decisions, creativity and how well they are good in the management of risks and resources. If you are an entrepreneur and you are not sure about what it takes to boom your business, here are some must have skills for every entrepreneur.

    Skills For Every Entrepreneur
    FAQ’s
    Conclusion

    Skills For Every Entrepreneur

    Skills For Every Entrepreneur

    These are some of the necessary skills an aspiring or a-would-be entrepreneur should possess in order to succeed as an Entrepreneur.

    1. Ability to Solve Problems

    In this world, there is no entrepreneurship that will succeed perpendicularly. Problems do arise but we should apply different tactics to handle them. Before winning a battle, failures are guaranteed. Have the skills to predict risks and come up with risk management plans to solve the problem.

    2. Ability to Manage Money

    An ultimate goal of doing business is to make a profit (money). How do you expect to manage a business if you don’t have the skills to manage money? Budgeting for the business will also be a big challenge to any business which is not well handled will result in a loss.

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    3. Networking with the Right People

    Before venturing into any business, you must set goals for it. Create the right linkages and fish out resourceful people to acquire business ideas. Out of the entrepreneurs, you spend time with, define your role model and work towards achieving that. Learn more from successful ones and ask them how they manage. Share as many challenges as possible to get solutions to the problems affecting the business.

    4. Building Relation with Customers

    In a real sense, business without customer is like dead wood. In business engagements, we either sell services or products. Make sure the ideas you employ, the decision you make and services offered meet customer needs. Do a lot of research where necessary to get a viable solution. Sell the skills acquired into the business so as to attract more customers.

    5. Being Resourceful

    The moment an entrepreneur knows how to manage money; the next question should be how he can source for more to pump the business to a greater profit. Have the capacity to identify the sources of funding. This also involves a convincing voice to sell out the business and attract more funding.

    6. Managing Stress Efficiently

    Stress can kill entrepreneurs if not well handled and managed. There will always be a time when all options that you try will hit the wall. Frustration occurs in the process of trying to fix this. Don’t let stress put you down, instead, turn them into an opportunity to grow. Apply useful tactics for business growth.

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    7. Managing People Effectively

    Managing people takes different dimensions. Use different parameters to gauge people’s capabilities. Identify their weakness and work on them. Productivity can only be achieved by having an effective team on board. Motivate and build them every day. Treat employees with equality as it brings respect. Timely feedbacks about the business will be experienced.

    8. Capacity Building

    Limited skills can affect the growth of a business. Enhance the team performance by training them in key areas. Identify the gaps in each and every team member and plan for capacity-building sessions. This will give them the strength to handle complicated issues as commitment levels go high. As an entrepreneur, this will form a basis to handle employee misconduct issues.

    9. Learning Ability

    The market demands changes and affects business every now and then. Don’t assume you know every detail about your business. How to build customer trust in an online business?  A business if strategized well moves very fast. Emerging trends should be monitored and applied with immediate effect to avoid business disruption.

    Get skills and focus more on what level you want to take the business. Whether you want to generate revenue or to make a mark in the business. You might want to make your customers loyal to your business or brand? All these types of questions should be answered while trying to learn about your business.

    10. Identifying Strength And Weakness

    Nobody is perfect in this world. It is crucial to identify what you are good at (strength). Identify weaknesses so they don’t overpower the strengths. This will help in making an informed decision about your business. Acting on weaknesses with courage and sheer strength will help you go long way.

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    FAQ’s

    What are entrepreneurial skills?

    Entrepreneurship is an individual’s ability to turn ideas into action. It includes creativity, innovation and risk-taking, as well as the ability to plan and manage projects in order to achieve objectives.

    How do you develop entrepreneurial skills?

    Here are some effective ways to enhance your entrepreneurial knowledge.

    • Attend events
    • Learn from the experts
    • Don’t give up
    • Volunteer to lead
    • Learn from a mentor
    • Keep learning
    • Enhance communication skills

    What is an entrepreneur example?

    An entrepreneur is a person who starts a new business and usually risks his own money to start the venture. Examples of well-known entrepreneurs include Bill Gates, Steve Jobs, Mark Zuckerberg, etc.

    What are the 7 skills of an entrepreneur?

    These are some essential skills required to succeed as an entrepreneur.

    • Ambition
    • Willingness to Learn
    • Ability to Listen
    • Creativity
    • Assertiveness and Confidence
    • Perseverance
    • Courage and Risk Taking

    Feel free to reach us and share your feedback. We would love to hear from you. Do comment us in the comments section below. Happy Reading.