Directory Image
This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Privacy Policy.

Business is no longer a monopoly of the rich!! Now anyone can start his business even without idea

Author: Biz Nox
by Biz Nox
Posted: Nov 24, 2016

Gone are the days, when only the rich were empowered to capitalize business ideas by pursuing them with their money power. There were also the times, while some lucky and persistent evangelist could manage to raise funds either through banks or even from private equity to bring their business dreams in to reality. In those days, starting a business and entrepreneurship as a whole was considered as an inherently risky propositions and only the "risk takers" could chart those "unknown" and unchartered waters.

Things changed, since almost last half a decade, venture capital became fairly common place and multiple ideas came to reality with the newly found warmth of seed fund or the series A/B/ C rounds.

With every succeeding and failing startup experiment, the angels and even VCs acquired wisdom to make the overall filter rather too stringent for new startup ideas to get selected for funding.

The philosophy of entrepreneurship is not about taking risk.... instead is all about MANAGING RISK has evolved and is almost getting ingrained in the evolving startup eco system.

In such scenario, finding a VC or even an angel has become increasingly difficult and uphill task under which many startups got lost in the darkness.

While this has taken place, a new wave of "capitalizing" the latent entrepreneurial spirit from individuals has discreetly taken shape.

For a country like India with extremely large demographic, geographic and economic spread as well as diversity, distribution of any products or services poses a mammoth challenge. This would essentially require, physical branch presence manned adequately to ensure performance, consistency, customer service so on so forth. This is incredibly expensive and cost intensive proposition which can't be even planed for most business entities. At this juncture, the otherwise short changed entrepreneurs who could not get through starting their own can be on enormous value.

The proposition is to capitalize the latent potential of entrepreneurship hidden in thousands of professionals, students, house wives, unemployed and harness them to expand, grow and capitalize the business.

Franchising, individual run dealerships, distribution centers, customer care center, processing or handling center etc etc are some of the forms though which this can be leveraged. In nearly all perspectives, this becomes a win win situation for the entrepreneurs as well as the entities who are extending business propositions to this set of demographic population.

Franchising also makes the proposition relatively less risky as it carries the risk mitigation already built in the model. Business collaboration platform like http://biznox.com/ are some of the places where anyone can identify business opportunities, collaborate with other entrepreneurs - franchisers to identify the most suitable business proposition which you could use in which ever part of India you may belong.

There are business opportunities which can be availed even without any investments whatsoever. Your ability to put efforts, and skills to make the business proposition succeed are the two critical to success elements which an entrepreneurs can demonstrate to succeed with the business propositions requiring no investments.

Entrepreneurship is all about creating wealth through value creation to your stake holder. With this perspective, weather you have the business idea or not, weather you have funds to invest in your business or not... you may not actually be aware of the business management skills that are required for specific business streams.. the one thing that will make you stand apart is your ability to convert business dreams in to reality. The new age startups like http://biznox.com/ are already there which may just prove to the good starting point to advertise and search for the kind of business propositions or franchising opportunities you may be searching.

About the Author

Biznox is poised to become a comprehensive platform for all business related activities. Ranging from Startups - Pvt Equity - Business Buying & Selling,

Rate this Article
Leave a Comment
Author Thumbnail
I Agree:
Comment 
Pictures
Author: Biz Nox

Biz Nox

Member since: Aug 31, 2016
Published articles: 3

Related Articles