Ponnusamy Karthik

Entrepreneur

Concept of Entrepreneurship - Ponnusamy Karthik

Basic Concept of Entrepreneurship in 2024

Concept of Entrepreneurship An entrepreneur always needs to control the whole business performance. He has to tackle the workforce, monitor the market trend, and modify business policies to meet customer demand. The concept of entrepreneurship is the capability and quickness to Develop Organize Run a business enterprise in order to make a profit. The entrepreneur consider any of its uncertainties. Actually the entrepreneur is a risk-taker as well as innovator. Heshe helps in fulfilling the customer’s demand/need in an innovative manner. At the same time he/she has to control The whole business performance Tackle the workforce Monitor the market trend Modify business policies to perfectly meet customer demand. The entrepreneur must be able to establish, administer and succeed to make profits in a startup venture along with risk entitled to it. Capable  to make profits. The concept of entrepreneurship is to replace the old ideas in the market by new ideas. The entrepreneur is a source of new ideas or innovators.  The primary aim of an entrepreneurship is to introduce a new product in the market. The secondary aim is to get  a profit. It will build better financial stability and financial freedom to the entrepreneur. It will also enhance the economic growth of the nation. The concept of entrepreneurship actually helps to achieve specific goals such as profitability, sustainability, or positive impact on society. The starting of new business involves The identification of opportunities The gathering resources Creating a business plan Launching the venture Managing the growth and development. Benefits of Entrepreneurship The  concept of entrepreneurship benefits the entrepreneur for attaining skill-sets, financial freedom, and networking with influential people. The essential qualities for a successful entrepreneurs are Determination Passion Accountability The concept of entrepreneurship is mainly to face the challenges of sustaining a business. These set them apart from other business owners. Four Major types of entrepreneurship are Small businesses entrepreneurship A hairdresser, A grocery store owner, A travel agent, A consultant, A carpenter, A plumber, A electrician, etc are some of examples for Small businesses entrepreneurship. These people fund their business by taking small business loans or loans from friends and family. For them, their main expectation profit would be able to feed their family only. They are not making 100 million business or taking over an industry. Scalable Startup Entrepreneurship These people need more venture capital to fuel and back their project or business. These people attract investors who think and encourage them. The research focuses on experimental models. So, they select the best and the brightest employees. Here the concept of entrepreneurship is to start a business knowing that their vision can change the world. Large Company Entrepreneurship or big business entrepreneurship The Large companies always have defined life-cycle. Most of these Large companies grow and sustain by offering new and innovative products. These new and innovative products revolve around their main products. A new competition, a change in technology, and customer preferences,, etc. always happen in the market. These  build pressure for large companies to create an innovative product. And they have to sell it to the new set of customers in the new market. The concept of entrepreneurship is to cope with the upcoming rapid technological changes. The existing organisations buy the innovation enterprises or attempt to construct the product internally. Social Entrepreneurship This one focuses on producing product and services that resolve social needs and problems. Here, the concept of entrepreneurship is to work for society. They will not bother about profits. They will not intend for any profits. Essential Characteristics of Entrepreneurship All entrepreneurs are not successful in the market. An entrepreneur needs definite characteristics to make a successful entrepreneurship. The essential  required characteristics are listed below Visionary and Leadership quality Capable to oversee the launch and growth of an enterprise. The entrepreneur is obsessed with their goals and ultimate vision. He will make others believe in them too. A clear vision of his new venture is a must for an entrepreneur. The concept of entrepreneurship is to turn the idea into reality. A successful lot of resources and employees are required. He has to guide their employees towards the right path of success.  Here, leadership quality is very important. Risk-Taking Ability There is always considerable amount of failure/risk is associated in the process of starting any new venture. Therefore, an entrepreneur must be capable and courageous enough to evaluate and take risks. It is an major part of being an entrepreneur. The concept of entrepreneurship is to undertake new innovations with a view to enhance production. Innovative Nature An entrepreneur should be highly innovative. He should be capable to generate new ideas, start a company and earn profits out of it. Here the innovation is the process of creating and implementing A new idea A product Technology A process or service That is accepted by the markets, governments, and society. The process of creating, implementing and launching should happen in a more efficient and economical way.  The concept of entrepreneurship can be the launching of a new product that is new to the market, a process or a service. The entrepreneurship is to increase the standard of product ventures, quality of goods, and living of people. Flexibility An entrepreneur should be flexible to a situation. It is to maintain the continuity of success. An entrepreneur should be equipped to do a change in a product and service, as and when needed. Open-Minded Attitude The open minded attitude welcomes every circumstance in a business as an opportunity. Here, the concept of entrepreneurship is to use them for the benefit of a company. For example, Paytm acknowledged the need for online transactions would be more. Paytm utilised the situation and expanded massively during this time. Being able to be accountable and then alter as needed is essential part of entrepreneurship. Confidence An entrepreneur should have the capacity to succeed in an ever-changing and more competitive global marketplace. Excellent Product Knowledge An entrepreneur should thoroughly know the product offerings. He should be aware

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Top 10 Successful Entrepreneurs in India - Ponnusamy Karthik

Top 10 Successful Entrepreneurs in India

Who Is the Successful Entrepreneurs in India Successful entrepreneurs achieve remarkable success. They continue to inspire the world. They show anything is possible with hard work and determination. Successful entrepreneurs in India come from many different backgrounds and work in various fields. But they all share one important belief: “If you’re passionate about starting something, Don’t wait for tomorrow. Do it Today.” This is their key to success. They are very determined to succeed and leave their mark on the world. India is a land of opportunity for true entrepreneurs. This article lists 10 amazing, successful Indian entrepreneurs. They utilized true opportunities and made their mark on the world. List Of Successful Entrepreneurs in India Deepinder Goyal Ponnusamy Karthik  Shradha Sharma Musthafa PC Priyanka Gill  Ashish Shah and Ambareesh Murthy Dilip Shanghvi  Supam Maheshwari  Naveen Tewari  Binod Homagai and Sagar Daryani  Here is the List Of 10 Successful Entrepreneurs in India, Deepinder Goyal – Founder & CEO Of Zomoto Zomato is a leading food delivery company in India. The Zomato company was founded in 2008. Deepinder Goyal and Pankaj Chaddah named it FoodieBay. Initially, Zomato was named FoodieBay. Both Deepinder Goyal and Pankaj Chaddah were IIT graduates. They were both working as analysts at Bain and Company. They together started Foodiebay in 2008. FoodieBay became the largest restaurant directory in Delhi NCR in just nine months. At first, it was a website where you could find and review restaurants. It helped people discover new places to eat and share their experiences with others. Successful Entrepreneurs in India – Deepinder Goyal The FoodieBay company was renamed as Zomato in 2010. Zomato has its headquarters in Gurugram, India, and 3 office locations in india. The Zomato logo has deep red and white as two main colors. The purity, cleanliness, and simplicity are essential for all foods and it is represented by the white color. The food delivery industry is characterized by passion, energy, and excitement. The industry is represented by the deep red color. Successful Entrepreneurs in India Deepinder Goyal and Pankaj Chaddah created the restaurant-finding app Zomato. Deepinder Goyal and Pankaj Chaddah aimed to solve a common problem faced by diners. They wanted to help people find accurate information about restaurants, menus, and user reviews. They also wanted to make it easier to order food from partner restaurants. The online food delivery and restaurant discovery platform connects consumers with local restaurants and food delivery services. Consumers find Zomato very convenient. They use it to browse menus, place orders, and track deliveries. Over time, Zomato has become a full platform for meal delivery and dining out. Zomato is very popular now and available in over 1000 cities. It serves millions of customers worldwide. The website gets over 60 million hits daily. Zomato’s network base of restaurant partners is higher than Swiggy’s. In 2015, Zomato started listing restaurants. Then, it expanded into food delivery in India. Initially, Zomato established partnerships with restaurants that lacked their own dedicated delivery services. They collaborated with establishments like Delivery and Grab restaurants. This strategic move marked a significant expansion for Zomato. It allowed the company to offer a comprehensive platform. The platform showcased dining options. It also facilitated food delivery for a broader range of restaurants. In the fiscal year 2023, Zomato gained strength. It had 647 million orders from 58 million customers, totaling Rs 263.1 billion. It covers more than 800 cities in the country. Zomato world ranking A Canada-based global research firm, ETC Group, published a new report. The report placed Zomato among the world’s top ten e-commerce-based online food delivery companies. Zomato expanded operations internationally. They now operate in several countries, including the United Arab Emirates, Sri Lanka, Qatar, the United Kingdom, the Philippines, and South Africa. Zomato expanded to New Zealand, Turkey, Brazil, and Indonesia in 2013. They provided websites and apps in Turkish, Portuguese, Indonesian, and English. In 2015, Zomato expanded to Canada, Lebanon, and Ireland, offering their languages. Zomato gained immense popularity over the years, owing to its wide range of features. These include restaurant discovery, food delivery, and other services. The orders are placed through its website, app, and other channels. Ponnusamy Karthik – NFBD Group The NFBD company was established in 2016. NFBD Chairman A. Ponnusamy Karthik is one of the best and Successful entrepreneurs in India. He is a well-known property developer. He serves customers in and around Chennai. Successful Entrepreneur Ponnusamy Karthik is living proof that anything is possible in the world. He achieved this through hard work and dedication. He stands among the top entrepreneurs in India.. The NFBD Group concentrates on different businesses. These include import and export, business development, investor & real estate, and construction. Successful Entrepreneurs in India – Ponnusamy Karthik NFBD is exporting tender coconuts to major countries and the yearly target crossed Rs.6,5 crores. NFBD got good recognition in its Fish exports and getting more no of repeat orders. He completed his Civil engineering graduation from Anna University. He is steadfast with a vision to be a pioneer in the Real estate industry. He is the best inspiration to the Young entrepreneurs in India. He humbly started his own business with a small investment. He worked with a small team of 5 like-minded professionals. He worked hard to overcome insurmountable obstacles. He wanted to receive good responses and achieve success. His strong determination that nothing can stop his will to get ahead gave him the strength to manage failures. It also helped him face risks and challenges. He is self-motivated with a clear forecast of what he wants to do and how to achieve it. Successful Entrepreneurs in India Ponnusamy Karthik is also involved in social activities. He strives for a social economy to help hungry and orphaned people. Shradha Sharma – Founder, CEO & Chief Editor of Yourstory YourStory is one of India’s leading media platforms for startups and entrepreneurs. Successful Entrepreneurs in India Shradha Sharma started YourStory at Bangalore in 2008. (at just 23 years old). YourStory’s estimated

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Innovative Entrepreneur Skills And Characteristics - Ponnusamy Karthik

What’s An Innovative Entrepreneur Meaning (2024 Guide)

What Is an Innovative Entrepreneur? Innovative entrepreneurs are those who are not afraid to try many new things and problems, take many risks, and undertake many new ventures. It is important to have entrepreneurs to develop their economy. He will take on many challenging issues and make efforts to improve his life, playing a key role in innovation and economic expansion. An innovative entrepreneur is the concept of creating many innovations in the environment. It helps to generate many new ideas, take the business on the path of improvement and create good values. Plays a key role in questioning many ideas, trying new activities, and solving problems. Innovative Entrepreneur Skills 1. Leadership Skills Leadership skills are important for an entrepreneur in general. A person must perform the necessary skills to successfully interact with the people around him. Only with this mastery can a person manage a good and prosperous business. Entrepreneur wants to treat their business and the people they work with the best. 2. Financial Understand New entrepreneurs should have a clear understanding of how to manage money and how to start and grow a business. A clear understanding of how to manage and maintain their financial assets. New entrepreneurs can use financial metrics to assess the financial health of a business. Their intelligence can help turn a good idea into a profitable business. 3. Knowledge of the Market Forces Another important skill for being an innovative entrepreneur is knowing market forces. Entrepreneurs are aware of their new business impact on markets. Another market force they need to understand is the power and influence of the customer. Most customers expect good quality products and services at low prices. 4. Effective Communication Communication plays a very important role for new entrepreneurs to build good relationships, solve problems, increase productivity, etc. Their communication helps employees and stakeholders to be active in developing business ideas. Communicating effectively in this way helps entrepreneurs to be proactive and know how to do things. It is very helpful for entrepreneurs to know what their employees expect. Communication skills play an important role in multitasking effectively. 5. Active Listening Entrepreneurs use verbal or nonverbal communication to convey that they are being heard. This listening allows them to be active and understand what they are saying. Entrepreneurs can build their confidence and develop good relationships with employees and members. 6. Strategic Thinking Entrepreneurs must use good strategic thinking to create a niche for themselves in a competitive market. Having a good strategy is an invaluable skill. They need to be clear in thinking to succeed well. Entrepreneurs follow a rich plan to take their idea to the public. 7. Negotiation Negotiation is an important skill for entrepreneurs. A company’s success lies in recognizing the value of the product and service offered. The negotiator should be well prepared and have adequate knowledge of their subject. 8. Time Management Time management is used a lot by entrepreneurs. This skill helps the entrepreneur to complete the work on time, thereby helping them to spend proper time on work to achieve their goal. 9. Change Agents New entrepreneurs are flexible and willing to change business practices to bring about positive change in everything they do. Entrepreneurs are always adapting to changing markets and changing customer preferences. 10. Networking New entrepreneurs learn many new useful ways of doing things from networking. Networking is beneficial in marketing their products and services. It helps entrepreneurs quickly find the best quality resources and attract talent. Characteristics Of An Entrepreneur 1. Creativity Entrepreneurs have a good and strong sense of creativity which helps them to think and generate new ideas. His potential can be found when he thinks about others. 2. Visionary thinking Innovative entrepreneurs have a clear vision and the ability to see beyond the present. They anticipate future market needs. 3. Passion and drive A good entrepreneur is a strong thinker in their ideas and ventures. They are determined and committed to realizing their mission. 4. Taking the challenge Entrepreneurs are willing to stretch their careers and take calculated risks. Innovation is a challenging activity for everyone. Thus many challenges must be faced and risks taken. 5. Problem-solving skills Successful entrepreneurs excel at identifying multiple problems and providing solutions. They have good strong skills and abilities and help to face complex challenges. 6. Compatibility According to the current situation, new entrepreneurs can adapt to the market change and change themselves and take necessary actions accordingly. You can grow a simple online store that offers a wide range of products and services. 7. Expansiveness An entrepreneur has to face both failure and success. It has to accept various obstacles and evolve. Accept thousands of failures and treat them as learning opportunities. 8. Networking and collaboration Entrepreneurs are eager to collaborate and network. They look for good talent who can be good mentors and give appropriate advice. Working in this way fosters good creativity and fosters a collaborative environment. 9. Continuous learning A Successful entrepreneur is the epitome of lifelong learning. They learn good practices and good interest to update the profession according to new information on market trends. 10. Customer centricity Good entrepreneurs are doing many things to recognize customer desire. They fulfill the expectations of the customers in their products and services. Tips To Becoming An Innovative Entrepreneur You need to develop good thinking skills and develop a clear vision of what you want to achieve. Explore many new ideas and challenge yourself. Find a job that excites and encourages multiple activities. Some things require effort and opportunities to learn. You have to find and solve many problems and think. Overcome many obstacles and find your opportunity. Find experience from many failures. Learn about many developments and build strong relationships and attend networking events. He should learn the path of development throughout his life. Conclusion An innovative entrepreneur needs to identify and implement many new activities to solve many problems, create value, and revolutionize the market. Have good potential clients. Entrepreneurs need to improve their economic growth, develop job opportunities and face good social challenges. Good and

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Personality Development - Ponnusamy Karthik

10 Important Personality development Tips

What is personality? Personality is a unique way of feeling, behaving, and thinking. We can change our personality traits if we want to. These are meant to make you stand out and help you get what you want in life. Personality Development Personality development is a lifelong process that involves the growth and evolution of an individual’s unique set of traits, behaviors, attitudes, and characteristics. It encompasses various aspects of a person’s life, including their emotional, social, cognitive, and physical development. This development helps the person gain self-confidence and self-esteem. One’s communication skills help develop a positive attitude. Tips for Personality Development Positive thinking To have a good, attractive personality you need to be positive in your thoughts and actions. If one cultivates positive thoughts in his heart, it gives him confidence and improves his personality. There will always be ups and downs in one’s life, one should accept it and focus in a bright way with a positive outlook. Embrace failures and embrace Opportunities to learn and grow. Being positive focuses more on both the good and the bad. about yourself If you want to create something, you need to know about them thoroughly. One should start by analyzing their qualities, strengths, and weaknesses when looking at themselves. Accept your flaws and fix them. Identify your values One of the most important is that everyone knows their worth. It reflects your goal prioritization and evaluation of behavior and action. They focus on personality development like correcting their mistakes, searching for ideas, and finding problems. Self-assessment improves one’s personality at regular intervals. Be confident Confidence is defined as strength and the ability to face problems. Expanding one’s horizons is a gradual process. These not only improve personality but also eliminate the need for communication. Never doubt your ability, and if you have to work on something, make every effort to overcome your fears and gain confidence. It increases self-esteem and helps achieve personality. Practice communication skills Practicing good communication skills is very important. These skills foster healthy relationships and trust. Positive behavior and facial expressions enhance our personality. Communication skills are the transmission of vision and success. Set a goal We have to work hard to achieve our goals in life. We should pursue sensible goals. We have to do something every day to develop our personality. They will give us good results. Improve body language Body language skills are just as important as one’s verbal skills. Non-verbal communication through body language and expressions has a huge impact on others. Good body language is very important for personality development. Importance Of Personality Development Personality refers to a person’s appearance, character, mood, and behavior. Personality development plays a major role in reducing stress and conflicts. You should enjoy life with a good positive attitude. They help them thrive in all situations. A person should behave well to everyone around him. These not only make you popular among others but also help you gain their respect and pride. An individual must have the magnetic power to attract people towards him. This development plays a very important role not only in business but also in his personal life. This development teaches you to respect not only your boss and colleagues but also friends and relatives. This development plays an important role in developing one’s personality. A person must master the art of expressing both his thoughts and feelings. These help you become a confident person. The benefits of personality development There are many benefits to one’s personal development. For this development we need to look inward into his thoughts, feelings, and habits. By investing you increase your self-awareness and natural self-esteem. Investing in your personal growth means investing in your ability to bounce back after a difficult project. Personality Development Skills You can start by taking a whole-person assessment to assess where your strengths and areas of opportunity lie. Conflict Resolution and Conflict Future thoughts Growth mindset Interpersonal and communication skills Solve problems Cognition and adaptation Self-preservation and self-reflection Organizational skills Teamwork and cooperation Awareness Personality Development Plans Putting together a development plan increases your chances of achieving your goals. Identify areas for improvement It would be very helpful if you took a personal assessment. Once you’ve brainstormed your personal goals, identify areas for improvement. Develop a plan with the trainer Although this is your personal plan, you don’t have to do it alone. Work with a coach or mentor you know to design a good development plan that will put you on the path to success and keep you performing well. Construct a personal growth goal You examine your daily routine and find a way to form a habit and layer a new habit on top of an old one. Find a good accountability buddy It’s good to have friends around to keep you accountable. Together you and your friend will support each other to achieve their goals and objectives. Be honest in your progress Be honest about your growth and progress towards your goals and gather feedback from friends, family, and co-workers to gather insight. Factoring personal development into the mental health program Look for ways to work with your mentor and coach to build aspects of your personal development into overall fitness. Managing personality development There are many ways to manage your personal growth. They are Creating a personal vision Most of us are with you to learn and develop a plan. It can take months and years to develop your personal vision. You may find yourself setting your goals, refining your vision, etc. Planning your growth You have to plan your development well first and act accordingly. It is not important that you plan, it is more important to implement them properly. Target your area of development. Initiating the upgrade process The exchange of expertise on a particular technique paves the way for learning. It is very important to improve your learning process. Recording your progress Record your progress frequently. Through progress in learning and development, you can reflect on successes later. This

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Important Functions Of Entrepreneur - Ponnusamy Karthik

What Are The Top 10 Functions Of An Entrepreneur

Functions Of An Entrepreneur Entrepreneurship is always regarded as the “Pioneer ship” of business. Entrepreneurship is actually a dynamic process of vision, change, and creation. It is a vision to recognize opportunity. An entrepreneur is capable to create & excel in a business through his own creative ideas. An Entrepreneur needs to develop his business. An Entrepreneur maximizes success through The fundamentals of essential functions of an entrepreneur’s Are Proper communication Visionary and Strategic thinking Empowerment Adaptability and his self-awareness. An Entrepreneur requires to handle different types of situations in a business. It is essential to encourage management and their team toward achieving a common goal or set of goals. The Most Essential Functions Of An Entrepreneur Major Functions of an Entrepreneur The Most Essential Functions of an Entrepreneur’s Are, Decision-Making with Sharp decision-making skills Being Initiative Organizing Resources (both Human resources & Financial capital) Risk-Taking Identifying Business Opportunities Being Innovative and Creative Inspiring and motivating Nature Maintain Regular Communication. Hard working, Persistent and Urge to build Excellent Monitor Optimistic, Go-getter Well versed in managerial skill and strong team Builder. Entrepreneurs own several qualities. Some of the most essential functions of an entrepreneur Definitions are listed below. 1. Decision-Making with Sharp decision-making skills It is a must for the entrepreneur to forecast the best for the business in the long term. With the sharp decision-making skills, an entrepreneur can apply his Knowledge Experience Business acumen to make decisions on various aspects of his enterprise. It will help them to achieve the desired objectives in a good manner. 2. Being Initiative Being Initiative is a one of the Important Functions Of an Entrepreneur’s. The ability of an entrepreneur to take prominent initiative steps. This ability sets the entrepreneur apart from the rest of the competitors in his field. The initiative steps are essential for the constantly changing World. They help to recognize the problem that needs to be solved well in advance. Being initiative in invention of new products, new techniques, and discovering new markets. It will improve competitive position, and increase earnings. 3. Organizing Resources (both Human resources & Financial capital) The capacity to organize the resources to exercise for a maximum business productivity. Proper allocation of duties is the procedure. It will minimize team conflicts, maximizes production, and helps to boost employee morale. An entrepreneur will pay attention to organize a business structure and business environment. This will help each employee to maximize their potential. The success of a business venture often relies on its employees’ contributions. Besides managing human capital, an entrepreneur must know how to manage financial capital. Entrepreneur takes proper care to identify and allocate their employees’ responsibilities effectively. A right man for the right job is the right attitude of a right entrepreneur. So, Organizing Resources Is The Most Important Functions of an Entrepreneur 4. Risk-Taking Risk-Taking Is the One the Important Functions of an Entrepreneur Entrepreneurship is always laden with risks and uncertainties. An entrepreneur must be willing & courageous to take the necessary risks. Most businesses face some kind of uncertainty as they develop through the years. An entrepreneur anticipates any challenges and manage them as early as possible. Forecasting is important because it helps the entrepreneur make decisions properly. Mental Health Risk – it is the biggest risk that an entrepreneur takes. The risk of money, home, spouse, child, and friends gets adjusted. But mental tensions, stress, anxiety, and other mental factors have many destructive influences. it is due to the beginning and continuing of entrepreneurial activity. It is an ever-ending process. An Entrepreneur is willing to take calculated risks. An Entrepreneur makes decisions with uncertain outcomes to pursue opportunities. He knows that the potential for rewards often comes with inherent risks. 5. Identifying Business Opportunities Identifying new business opportunities efficiently is one of the Important Functions Of an Entrepreneur. This process include a physical survey and going through the publications about trends in a specific area. And also by doing a little competitive analysis. Many new opportunities open up with time. An entrepreneur can use this analysis to improve his business. An entrepreneur can find out what others in the area are doing and how they are succeeding. Competitor analysis Knowledge of the latest market trends Communicating with existing customers Reaching out to potential customers A deep understanding of specific areas will help to identify new business opportunities efficiently. 6. Being Innovative and Creative Being Innovative and Creative is the Most Important Functions Of an Entrepreneur’s Being innovative to keep up with the rapidly changing technological trends. Aware of challenges, how things are being done and create new ways of doing business. Doing this lets them make the best use of the latest innovations. It will provide them with a competitive advantage to become an industry leader. It will help to solve people’s problems more efficiently. Innovation is required for implementing new ideas, creating dynamic products or improving your existing services. Creativity is proper attention taken to generate New ideas Alternatives for solving business problems. Entrepreneurs must introduce new ideas and create solutions to meet customer needs in a unique way. 7. Inspiring and motivating Nature Entrepreneurs apply various techniques to inspire and energize their team members. He recognizes and rewards achievements. He provides constructive feedback and creates a supportive work environment. Entrepreneurs lead by example. They must exhibit leadership qualities by inspiring and motivating their teams. They must create a positive work culture and empower employees to unleash their potential. 8. Maintain Regular Communication Always be open to provide feedback and spend time with team members. Entrepreneur encourages and makes everyone to participate and interact in all processes. The employees share their opinions and know that he will hear them. Maintain Regular Communication. This encourages employees gets engaged. The employees know he will hear their feedback. Entrepreneurs maintain crystal-clear communication of their vision, goals, and expectations. Entrepreneurs ensure open lines of communication, listen actively and convey information clearly. 9. Hard working, Persistent and Urge to build Entrepreneurs are always hard-working, persistent and have urge to build. They

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How to become an investor - Ponnusamy Karthik

Read How To Become An Investor (With Essential Skills)

 What Is An Investor An investor is someone or an agency that offers cash to some other man or woman or agency in anticipation of destiny profits.  Technically, each person can turn out to be an investor. If you make investments in cash, you’re an investor.  There are two main types of buyers—corporate buyers and retail buyers. Institutional buyers usually put money in large agencies or institutions, while retail buyers invest purely based on their preferences, alternatives, and payment types. Key Findings The investment journey begins with planning and scheduling. Once you know how long you want to invest and what you want to get, you can set up a structure to achieve it. Next, learn how the market works, find out which investment strategy suits you best, and decide what type of investor you are. Be careful who you ask for advice, and be careful of your own prejudices and assumptions when you find the right path. Please understand that this is a long journey.  Always keep an open mind and learn from your mistakes. Here Are The Steps That Explain How To Become An Investor 1. Start Early The first step to developing an investment in potential revenue-producing property is to begin early. If you`ve been given by no means invested before, preserve in thoughts coaching yourself approximately investments and charge variety to make knowledgeable choices.  You can contact a colleague or your economic supervisor to get expert recommendations on making an investment within the proper opportunities. There is an idea known as the compounding effect, because of this produces earnings on an asset`s reinvested earnings.  If you begin early investments, you may get better returns than in case you begin after 3 or 4 years from when you first began earning. 2. Identify Your Requirements Every person has unique requirements and goals for starting investments. Knowing why you want to start making funding lets you understand your motivations and guide informed choice-making.  To continuously make intelligent investments, you could benefit from identifying your long-term goals and the manner you`re going to apply invested finances to your future.  3. Plan Your Investment Diversity in investment is essential, as it can minimize risks for fee variety and ensure that no matter the truth that one or products also can moreover have a difficult phase, you could however get immoderate returns from exclusive investments.  Strategically plan your investments based completely and sincerely on your personal and professional goals. Research the options you preserve in thoughts making funding in and perform an in-depth assessment of the complexities and risks associated with them. 4. Know Your Investment Strategy Nobody is aware of you and your situation higher than you do. Therefore, you`ll be the maximum certified person to do your nonpublic making investment—all you want is a bit of help.  Identify the person’s dispositions so as to help you or save you from making an investment successfully, and manage them accordingly. Individualist – careful and confident, often takes a do-it-yourself approach Adventurer – volatile, entrepreneurial and strong-willed Celebrity – a follower of the latest investment fads Guardian – highly risk-averse, wealth preserver Straight Arrow – shares the characteristics of all of the above equally 5. Invest consistently Consistent deposits of financial instruments can generate a large amount of income in the future. You can conduct organizational and product research to make decisions that holistically align with your values ​​and financial goals.  Consistently funding excess return products also helps you be a responsible investor. It is important not to worry about the number of coins you are funding in your assets. This is because even if it is low, it will become massive after a while. 6. Find The Right Investing Path Your degree of information, man or woman and access need to decide the course you choose. Generally, customers undertake one of the following techniques: Don’t put all your eggs in a single basket. In other words, diversify. Put all your eggs in a single basket, but watch your basket carefully. Combine each of those techniques by making tactical bets on a central passive portfolio. Most fulfillment customers begin with low-risk portfolios and regularly research through them. As customers gain more information over time, they emerge as most appropriate to take a more energetic stance of their portfolios. Essential Investor Skills Strategy for Investing Emotional control Curiosity Thinking strategically Proactiveness Conclusion Investment is important to achieve individual goals. Investment means we have money, then we need to make an analysis to invest the money and expect to get a return in the future.

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Top 10 Successful Young entrepreneurs in India - Ponnusamy Karthik

Top 10 Successful Young Entrepreneurs in India

Who is Successful Young entrepreneurs in India? The Young Entrepreneurs in India List is full of inspiring stories that can motivate anyone. These are young people with big dreams who want to start their own businesses. They’re always eager to succeed and make their mark in the world. Reliable reports say 11 – 15% of Indians want to be entrepreneurs. However, only 5 – 10% start the journey to build their venture. Among this 5 – 10 % of these Indians, only very few succeed as excellent Young entrepreneurs in India. Good Young entrepreneurs in India are opportunity makers. They are confident about their journey of growth & success. They are unique and distinguish themselves from their peers in their respective fields. They do this by the way they handle hurdles and challenges. The entrepreneurs hail from different backgrounds and industries. They share one common thing: their determination to succeed in life. List Of Successful Young entrepreneurs in India Ritesh Agarwal – OYO Young entrepreneurs in India: Ritesh Agarwal – OYO OYO is an affordable & comfortable nature of budget accretion hotel room. It aids travelers in discovering affordable accommodations of high quality. The company has12,000+ employees and covers more than 200 cities across India.  He began it as an activity with just 11 rooms in a Gurgaon hotel in 2013. Currently, he has more than 65,000 rooms across 170 Indian urban areas. It is the most pioneering venture in India for spending convenience with standard pleasantries.   He was born in Bissam, Cuttack in 1993. In his school days, he sold SIM cards. He successfully completed his school studies but did not complete his college studies.He joined “The Thiel fellowship program “, funded by billionaire tech investor Peter Thiel. His first company was opened in Oravel in 2012 and then the OYO Hotels & Homes was opened in 2013. (i.e., at the age of 17 years). Now it becomes one of the leading chains of hotels Peyush Bansal – Lenskart Young entrepreneurs in India: Peyush Bansal – Lenskart Lenskart covers 450+ cities in India and doing well in online platform selling. (i.e., spectacles, sunglasses, & contact lenses). Born in 1985, Peyush Bansal hails from New Delhi. He finished Mechanical Engg in McGill University, Canada. He worked for Microsoft in the customer experience division. He quit his Microsoft job. He burnt his fingers with 2 startups. His 3rd startup Lens kart attained success. He started it in 2010 in New Delhi along with his friend Amit Chaudhary. After the success, he joined Unicorn Club in 2019. Now Bansal ventured into launching John Jacobs, Aqualens, Lenskart plus, Lenskart Vision Fund. After 2021 he became very famous in Shark Tank US business reality show Bhavish Aggarwal & Ankit Bhati – OLA cabs Young entrepreneurs in India: Bhavish Aggarwal & Ankit Bhati – OLA cabs Bhavish Aggarwal belongs to Ludhiana. He completed his B.E., Computer Science in at IIT Bombay in 2008. He worked for Microsoft. Then he co-founded Ola Cabs in Bangalore in Dec 2010 along with Ankit Bhati. They received the initial financial support of US $ 5 million from Tiger Global Management. He Is One of the youngest travelers. Ola is India’s largest mobility platform. It is also one of the world’s largest ride-hailing companies. Ola Cabs reached $6.2 billion in 2019. In January 2018, OLA made its entry into the Australian market. It had very good expansion in New Zealand in September 2018 and in the U.K. in March 2019. Young Entrepreneurs in India Bhavish Agarwal is overseeing OLA’s international expansion. Ankit is focusing on the company’s growth in the domestic market. The OLA had an interesting story behind its inception. Bhavish rented a car for a weekend trip from Bangalore to Bandipore. In the middle of the journey, the car driver demanded more money. This quarrel led him to complete the journey by bus. This incident made Bhavish Agarwal think about the web-based car rental company concept. Ponnusamy Karthik – Namma Family Group Young entrepreneurs in India: Ponnusamy Karthik – Namma Family Group The company was established in 2016. Chairman A. Ponnusamy Karthik is living proof that with hard work & dedication, anything is possible in the world. The Successful young entrepreneur in India A. Ponnusamy Karthik is a well-known property developer. He serves customers in and around Chennai. The Namma Family Group stretched its wings into different businesses. These include import and export, business development, investment, real estate, and construction.. Basically, he is a Civil engineering graduate from Anna University. He always stands with a vision to be a pioneer in the Real estate industry. He is an inspiration to the Young entrepreneurs in India. His passion for entrepreneurship made him start his own business in a humble way. He invested little and worked with a small, like-minded team of 5. He did a lot of leg work to get good responses and success.  He had overcome insurmountable odds (hurdles) in his path. I determined that nothing could stop my will to get ahead in life. This determination gave me the strength to manage failures and face risks and challenges.  He is a perfect example of “Passion taking you ahead in life “and keeps on moving forward. He doesn’t sit around waiting for chances to come on his way. Possessing self-motivation and a definite sense of direction, he has a clear vision of his goals. The future, however, remains uncertain and unpredictable. A competent entrepreneur knows what he wants and how to get there. He has the ability to see the broad picture. He also has the skills to ensure that he is on the path to completing the final objective. Here, Ponnusamy Karthik is the youngest entrepreneur in India. He also strives for a social economy to help hungry and orphaned people. One isn’t born with all the qualities needed to start businesses. One isn’t born with all the qualities needed for social activities. Many of these characteristics can be learned and adopted. Vijay Shekhar Sharma – Paytm Young entrepreneurs in India: Vijay Shekhar Sharma – Paytm Vijay Shekhar

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Business Development Skills- Ponnusamy Karthik

Successful Business Development Path Of NFBD Chairman Mr. Ponnusamy Karthik

“ Where there is a will, there is a way “…….. the constant urge of the Chairman Mr. Ponnusamy Karthik towards innovative ideas, initiatives and activities for making his business the best one always brings in more revenue with proper business expansion. Right Man For The Right Job-Business Development Mr. Ponnusamy Karthik is a well-versed person with expertise and knowledge of businesses, enabling him to function as a very good Business developer for his company. He is very much capable to include value-add to the business growth with innovative ideas, initiatives and activities which can contribute its best to the Business Development As a very good Business Developer, he is very prompt in implementing strategies and find out new opportunities to promote growth and boost He always excels in his high level of decision-making based on a realistic assessment of all potential changes and their He is an expert in exploring the available new opportunities in the external markets to introduce efficiencies in internal business. The Kudos To His Excellence Ponnusamy Karthik is a person with an open mindset. He is a person with a willingness for an honest and realistic self-assessment He is a person capable to accept failures with a sportive He is a person with a bright mind ready to accept and accommodate change to get the best He is a person of a high level of risk-taking He is a well-versed person and got very good recognition for his motivational speech in YouTube. Potential Pitch For Effective Business Development Mr. Ponnusamy Karthik’s potential pitch for effective business development is Perfect branding Market Expansion New user acquisition Creating awareness And his Business development plan has Clear and perfect business objectives Means to achieve the objectives Start-up cost Targeted He adopts the following procedure for his business development Raise visibility and awareness Conduct extensive market research Promote exemplary customer service Quality leads to pass to sales Promote thought leadership His 4 growth strategies to expand business are Market penetration Product development Market Expansion Market diversification Seek new opportunities to promote growth and increase brand Regularly updating Blogs, Videos, and Social media posts in an innovative and impressive Promotes the business on social media networks and Keeps the website content fresh Hosting regular meetings and maintaining open lines of communication within the departments of the company which will give a good impact to Developing the employees with needed new skills. Abreast the employees of changes in strategy, technology, and market condition that are constantly Develop new approaches to attract the targeted customer Keep up and maintain excellent customer support and service. The Yield For A Successful Business Development Plan & Procedure With his proper Business development plan, he handled 35 + projects of multiple nature like.. Resorts, Textile and garments, Supermarket, Restaurants, Bakery, Coffee & Tea Shop, Transport businesses, Male & Female Accessories, and Malls in addition to Namma family Pollachi Ilaneer  Namma Family Pollachi Ilaneer is one of the leading exporters and suppliers of Tender Coconut to U.S. DUBAI, United Kingdom and all over Namma family Builder& Developer and Private Limited is excellently handling varied projects in Real Estate Industry across Tamil nadu, Kerala and As a Successful INVESTOR, he is well known for his best investment Analysis with risk factors and his capability to investigate and implement the best Investment Strategies. He Coimbatore and Kodaikanal, Yercaud, and Ooty projects are the successfully completed recent. The Projects In The Pipeline His Current focus is in Kerala due to the constant approach of Kerala Project Management for elite clients in Kerela Proper Application of Investment Tactics for business in Kerala Here is a plan to do minimum of 110 projects across for clients with quality metrics and on-time project completion with good Conclusion His constant urge for success and growth with the proper business development plan and procedure will get many more kudos to the NFBD Chairman Mr. Ponnusamy He a well-versed person and he got very good recognition for his motivational speech in YouTube He is a person of nature to convert the obstacles on his path as stepping stones to Here will be a permanent place for him in the Successful Entrepreneur

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Youngest Entrepreneur In India - Ponnusamy Karthik

Who Is The Best Youngest Entrepreneur In India

Who Is Youngest Entrepreneur In India? Millions of young individuals aspire to be their own boss and launch a great business one day. It’s a noble goal to become the youngest entrepreneur in India, and many people have achieved it. But, aside from beginning funding and a business idea, what does it take to achieve that lofty goal? Getting a new endeavour off the ground and scaling a firm takes a lot of time and effort. While hard effort is essential, one factor determines whether a firm will succeed or fail: Particularly, the owner’s characteristics. Youngest Entrepreneur In India – Ponnusamy Karthik Vision He Has the Vision to Become a Successful youngest entrepreneur in India, He doesn’t sit around waiting for chances to come on his way. He is self-motivated and has a clear idea of where he wants to go. Of course, no one can forecast the future with certainty, but a competent entrepreneur knows, what he wants and how to get there. He has the ability to see the broad picture, while also having the skills to ensure that with each step, He is on the path to obtaining the final objective to get completed. Youngest Entrepreneur In India – Ponnusamy Karthik Achievements Ponnusamy Karthik As Realtor He has a unique ability to look into the Real Estate Industry as an Engineer graduate. He founded “Namma Family Builder and Developer” in 2016 as a significant player. With his successful move, the company turned into a “Namma Family Builder and Developer Pvt. Ltd” in 2020 The ability to handle different projects in the real estate industry across Tamilnadu, Kerala, and Karnataka. By providing resale, layout plots, commercial plots, and customized construction. With his skills and experience, NFBD Pvt. Ltd. completed almost a hundred Plus projects with more than thousands of satisfied clients in a trusting and effective manner. Ponnusamy Karthik As Importer and Exporter While being a valuable quality, Youngest Entrepreneur In India Ponnusamy Karthik began expanding his firm in the import and export market in 2019. He started the import and export services as wholesale for Fish and Tender Coconut to the best of their ability. Especially when the company grows and the Demand increases, and the needs become more complex. As a result of the extensive farms (1800 – 2500 acres), the company has the capacity to supply massive amounts of products. Thus the business was spread worldwide With his skills and the product was supplied to the massive clients. Ponnusamy Karthik As Business Analyst Today’s world is loaded with chances, but the key to success is seizing them before someone else does. With so much competition, chances might sometimes appear scarce, and people must make their own. In any case, networking is crucial. One of the single most crucial things they should be doing is networking. More business growth prospects can be aided by establishing those business development analysis links. With more than four years of expertise in business development processes, Youngest Entrepreneur In India Ponnusamy Karthik managed and developed new business possibilities for many founders and entrepreneurs in a successful manner. Ponnusamy Karthik As Business Analyst Strength Setting business and revenue growth goals by developing plans New target marketing initiatives are being researched, planned, and executed Prospective accounts in target markets are being researched Tracking up on leads and leading them through the sales funnel Creating quotations and proposals for potential customers Setting business development team goals and implementing tactics to achieve them Interpersonal communication and interaction Organizational management and supervision Time management for all tasks Technical skills will play into a digital world Self-discipline and motivation for proposals Management of projects Insight into the business for mind mapping Adaptability and flexibility Business Writing and SWOT Analysis Ponnusamy Karthik As Investor, The Best Youngest Entrepreneur In India Ponnusamy Karthik stepped into the role of an investor by taking chances and confronting life’s risks without fear of the consequence to become the youngest entrepreneur in India. With his experience in the corporate world, he was widely referred to as being too young and insane to have such lofty objectives at the time. On the other hand, these conflicts never affected him, he put a lot of effort into getting to where he is now. His perseverance and determination helped him to attain success in life. Youngest Entrepreneur In India Ponnusamy Karthik has successfully finished projects in Coimbatore and Kodaikanal while providing the best possible service to our clients. And the projects he’s currently working on in Yercaud and Ooty, Future planned initiatives will begin in Kerala, where clients will seek Karthik’s project management and investment strategies. Defining Investment Objectives and Goals Identifying Risk Tolerance and Allocating Appropriate Assets Verifying Investments and Required Portfolios Examine the Present Situation Calculate Asset Allocation Time Limits Observe, evaluate, and rebalance. Youngest Entrepreneur In India – Ponnusamy Karthik Statistics It’s no secret that owning a business comes with several problems and major obstacles. Youngest Entrepreneur In India Ponnusamy Karthik founded NFBD with a small team of 5 Skilled professionals after seeing an opportunity to integrate professional processes into the real estate market. And most of these have to be dealt with on one’s own, with little help or understanding from others. The company has grown to more than 100 employees today. He expanded his business reach by leading a staff of over 100 individuals, And the company stepped into many businesses to a successful move and named “NFBD Group Pvt. Ltd.” Even at a young age, he has successfully assumed enormous responsibility and incorporated new inventive measures to bring the NFBD Group of Companies to incredible global success. As lonely as that experience can be, it’s critical for an entrepreneur to pull strength from within to navigate through these difficulties. Youngest Entrepreneur In India Ponnusamy Karthik’s innovative journey began when he was 22 years old, with the formation of a business network and the support of his skills. Types Of Business Stepped Into The business (Year) Realtor 2016 Importer and Exporter 2019 Business Analyst 2019 Investor

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