The Enticing world of Entre-preneurship & Solopreneurship

Why should you become an Entrepreneur?

The seed of the need of entrepreneurship in a way was realized and sowed long time back by Mahatma Gandhi and many other farsighted Indians who pointed out the importance of creating ourselves, of being self-reliant, of being the masters of our own production, of using our raw materials and being the proprietors of our finished products.

Where India is a thriving resourceful & knowledgeable society, the need of the hour is to expand our knowledge horizon and become opportunistic and adapt to the changing market scenarios. What we need to learn in this rapidly changing market scenario is how to bring all our key inputs together for creating a productive end product.  

Why is there a need to have indigenous Entrepreneurs?

Entrepreneurship is all about promoting small businesses which are an essential part of our future economic prosperity because they lead to employment generation. In a way, it is a low cost strategy of economic development, job creation and technical innovation. Stemming from Entrepreneurship is a new concept of Solopreneurship. Solopreneurship is not about setting a goal rather creating a habit sustainable and appropriate to grow and start something solely on your own.

How you become an Entrepreneur/ Solopreneur?

The first and the foremost thing regarding becoming an entrepreneur is to create a compelling idea. The business world is full of ideas, your idea need not be very different but should have a different approach towards your goal than your competitors.

The second important step is to research on the best and suitable market for your idea where it can it can materialize and flourish.

Determine what you can risk. Entrepreneurship is always a game of risk and reward, but often the risk is greater (especially in the beginning). Take stock of all your assets and figure out how much money (and time and energy) you actually have to invest.

Along with this creating a business plan by researching every aspect and then strategies on robust marketing. Today, the digital media is a great way to market your business and reach your target audience in a cost effective manner.

Becoming an entrepreneur is all about learning a smarter way to handle your business. Since entrepreneurship promotes small business, government have realized that this concept plays a pivotal role in the economic development of a country. Entrepreneurship is the key that can unbolt India's latent inventive potential and help in the Govt’s MAKE IN INDIA initiative. It will not only push India to the forefront of the world but also help raise the quality of life in the country. With this belief Entrepreneurship Cell of Chandigarh University targets to help in the development of India's entrepreneurial dream by enabling easy and efficient interaction between aspiring and existing entrepreneurs, mentors, INVESTORS, venture capitalists and corporate. It is an initiative of CU, to provide services among its faculty, alumni and students as well as people of the region to start their own venture by nurturing their entrepreneurship skills, and to create in line with the social objectives of Govt. of India.

So, let’s get started for becoming the next entrepreneur or Solopreneur… The way forward