Opportunities and challenges for future entrepreneurs- 2015

1. Challenges and Opportunities
for future Entrepreneurs.
TANYA SINGH
TYBBM

2. What is entrepreneurship?
 Entrepreneurship is the development of a business from the ground up or coming up
with an idea and turning it into a profitable business.
Entrepreneurship
types
Small
Business
Scalable
Startups
Large
Company
Social

3. Does age matter?
Jamsedhji Tata Deepinder goyal Richa kar Farrhad acidwalla
TATA GROUPS ZOMATO ZIVAME Rockstah Media
AGE: 29year 29years 33years 21 years

4. Startups are getting easier but
not entrepreneurship!!!
 More access to information
 Techniques to mitigate our risk
 Easy availability of finance
 Cost of entry for a startup is at an all-time low

5. How challenging can it be?
 Developing the Vision and Business Idea:
Identifying a problem seeing an opportunity in the problem Coming up
with a solution Forging the opportunity into a business idea Integrating the solution
into a business plan.
 Poor market research: Understanding your potential market.
 Detailed business plan: Helps us to figure out exactly how the business will run and the
expenses that will be incurred and the estimated revenue generation
 Raising Capital for Startup: Convincing investors about something that does not exist

6. How challenging can it be?
 Developing a business team: a business team is needed to cover up or compliment the
weaknesses of the entrepreneur.
 Unforeseen challenges: Unexpected law suits, Inconsistent government policy, unpaid
bills and taxes etc.
 Competition: Formulation of suitable measures to deal with new competition.
 Keeping Up With Industrial Changes and Trends: The only thing constant is change!
This makes it difficult to find effective solutions.

7. Opportunities
 Fresh water industry: water efficient agriculture or fresh water production
 Urbanisation: Compact green and smart cities ,Rural growth initiatives.
 Fitness and wellness industry: It is estimated to grow to Rs 1,00,000 crore by 2015
 App Market: By 2017 it is expected that mobile apps will generate $77 billion worth of
revenue.
 Software Industry: Annual growth rate of 30 per cent in India.

8. Opportunities
 Business Consulting: Help drafting the business plans, strategies, marketing
campaigns etc to the entrepreneurs
 Media: Digital advertising and gaming records growth rates of close to 40 per cent
annually
 Tourism: new forms such as rural, medical and eco tourism.
 Food processing industry: With a vision to utilize the large food production in India
this industry is given due importance.
 Baby Products: It expected to grow significantly at around 17 percent in terms of
revenue by 2019 annually.

9. “Build your own dreams, or someone else will hire
you to build theirs”
– A.P.J Abdul kalam
Thankyou!