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Start up & scale up

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this presentation is to share info with youngsters who plan to start business or Scale up there family business

Publié dans : Direction et management
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Start up & scale up

  1. 1. START UP &SCALE UP BUSINESS  Ludhiana is city of Start ups  Why?  Do not work for MNC, Build a MNC  Be Your own Boss  Enjoy Status of businessman
  2. 2. START UP &SCALE UP BUSINESS Stories of successful Companies New Swan was able to get entry as supplier in Major vehicle manufacture because developed products which were being used by Japanese manufacture, in year 1985 Many Japanese companies started producing in India and new swan was successful Moral- Keep Updated , look for opportunities actively  When winds of change blows some people build walls and others build windmills
  3. 3. START UP CHALLENGES AND OPPORTUNITIES  Challanges  Weak brand  No customer base  Lack of Funds  No Management Experience  Govt. Regulations  IPR Issues  Office, Factory Space  Support announced by govt. of India  No income tax for 3 years  Equity Fund established for easy Finance  Easy clearances assured  Fee on patent Salesed
  4. 4. TIPS  Set Goal from First day and Keep reviewing  Plan to build a business not a product  Strong Team  Strong Strategy  Strong Product & service  Firm business plan  Analysis in Depth  Use the lean Techniques  Think Intellectual property Before Beginning  Plan Dealing volatility  Clusters Sound strategy starts with having the right goal. Michael Porter
  5. 5. DIG DEEP Before you start some work, always ask yourself three questions - Why am I doing it, What the results might be and Will I be successful. Only when you think deeply and find satisfactory answers to these questions, go ahead. Chanakya
  6. 6. BUILDYOUR BRAND  There are ups and downs in professional carrier maintain your personal brand Branding demands commitment; commitment to continual re-invention; striking chords with people to stir their emotions; and commitment to imagination. It is easy to be cynical about such things, much harder to be successful.” – Sir Richard Branson, CEO Virgin Commitment, honesty, commit less deliver more,
  8. 8. OPPORTUNITIES  39000 MSME units in Ludhiana,2.3 lacs in Punjab  Software suitable for MSME, Small traders, Turnkey Computerisation  Premium crops  Value addition in Agriculture  Services -Sourcing, Analytic companies  E marketing Agro & Industrial  Follow recently developed & growing counties
  9. 9.  Never Forget  Survival of the fittest  Thanks