Mr Lajwant Singh
Editor-in-Chief
Retailer

The new-age entrepreneurs have arrived. Opportunities are aplenty. Here's why. Fill a glass with stones. Adequate spaces will still be available between them. Pour in some sand. The sand fills up the empty spaces. This example amply illustrates that, while there are big corporates in the market, smaller enterprises can fill in the space that these corporates cannot occupy.

A huge explosion of entrepreneurial businesses in the country is in the offing, and lighting the fuse will be the new generation entrepreneurs consisting of 35 per cent of the population in the age group of 25 to 35.

Entrepreneurship is neither confined to certain kinds of individuals nor to any particular organisation. It is characterised more with smaller and younger enterprises than with larger and older ones. This is because the conditions favouring development are more likely to be present in such segments.

Availability of money and how to manage it, and rapid evolution of knowledge and technology have made entrepreneurial growth possible. About 20 years back, the venturesome was usually compelled by capital limitations to commit resources gradually and rent or use them rather than own them.

Most of us have a strong desire to be independent because we believe that being led by our own moral compass is much better than being led by someone else's.

We understand that we are doing 'the right thing'. And, most of the problems are solved when we apply ourselves to finding a highly focused solution with every resource that we have. Most entrepreneurs are not the type to sit back and wait for anything; they are doers.

With an encouraging entrepreneurial scenario in the country, we announce our initiative on a new entrepreneur chapter in the magazine that will educate entrepreneurs about various elements of businesses and how to manage it.

And, going back…remember that glass I discussed in the beginning? Well, we still have some room left in it. Pour in a cup of coffee!

Obviously, there is always room for a cup of coffee during business meetings.

Email: editor@franchiseindia.com