Job or entrepreneurship? What’s your choice? It is said that eighty per cent of us at some point in our life consider for a few passing moments atleast this question. It may not be immediately apparent to you whether you are or aren’t an entrepreneur. Just because you never had a lemonade stand doesn’t mean you won’t be the next Bill Gates. And just because you hawked some sugar water to the nice old lady next door doesn’t mean you will be. When you up at a cloud and wonder if you could manufacture an environmentally friendly chemical that instantaneously creates or dissolves clouds within a perfectly defined geographical area. But one note of caution at this point is that Rome was not built in a day and likewise an entrepreneur cannot be made overnight. Certain strategies have to be employed in this direction. It is said even plants and flowers use certain strategies to attract bees, according to a recent study.
Entrepreneurship is a great idea, no doubt. But just because someone is making money in business it does not mean you are going to do the same. Do you have the necessary technical capabilities? Do you have the necessary mental framework to overcome technical problems? Will you enjoy the opportunity chosen by you? When the chips are down and you find yourself all at sea, one needs to convince oneself that idea of business is viable.
It is also desirable to learn the tricks of the trade initially before jumping in the business arena. It is said ‘experience is the best master’. It is a source of learning in association with the desired area of business by hands on experience in that trade, which will enable the budding entrepreneur to get proper wisdom about the trade.
A business venture is not a bed of roses preposition. A lot of sacrifices have to be made, while launching the business and moral support from family is a vital component rather than money support. To ensure this, articulate your plans, actions and project status. This will be like a double edged sword. One it will keep them informed and secondly it will give them an opportunity to suggest changes or play devil’s advocate to help in strategizing. The self-employment arena is very encouraging in our country with several innovative schemes launched by the government for youth like make in India, Digital India and Skill India which are expected to take off in a big way in the very near future for which institutions like the newly created Mudra Bank, have been opened up where budding entrepreneurs can make it really big.
The Goa government ambitious self-employment scheme launched by the Economic Development Corporation and renamed as the Dr. Verghese Kurien Scheme should inspire the young to make the desired choices and grow accordingly in several vistas of economy to become the generation next entrepreneurs. Goa is anxiously waiting for even startups which have started cropping up in various cities of the country.
Thus the answer to the million-dollar question about unemployment problem is answered aptly with a proper strategy which can definitely help in creating a business friendly environment which may result in business hubs on the lines of education hubs in this tiny emerald state of the Indian Union. This will propel Goa as the business destination for big investors from all over the country and even abroad in the next decade or two which can make Goa as a role model state in the country to facilitate self-employment in a really big manner by taking gigantic manner.