The Importance Of Entreprenurship

A man buys land and starts putting sowing the land, churning it when necessary,

sweating in the scorching heat, then he clears the ground, and sows seed, waters it

nurtures it, invests his time and money for that one ripe that he longed for. This is the

oldest form of entreneurpreship and presently this is a word that belongs to the business

world. So now, here comes a man, known to harsh livings and start selling spices, but,

later he tells himself, why cant I think big, think differently, so he thought of cloth trading,

apparently that too was small so he struggles, sweats, brainstorms and reaches to

become one of the most influential entrepreneur of all time- Dhirubhai Ambani.

Entrpreneurs are leaders with skill of wit, infused

It is the entreprenurship that has seen a boom in the

past decade where people have absorbed the examples of people like Lakhmi Mittal,

JRD Tata, and most importantly the proud owners of flipkart Sachin and Vinny Bansal.

The point is that the love for their work has driven them to this stature and their stories

behave as a moral boost to people encouraging them to adopt for a self startup to live on

their own independent terms, without being constantly dragged into working hours that

doesn’t suit. A startup offers profit that seems to drive the passion wild in present

generation, while it offers the freedom to grow unlimited into a more competitive market

and struggle to exist and thrive.

Entrepreneurs mostly struggle with too many roles, encounter too many setback from

small customer disputes or disputes with partner, increased stress, increased

competition, staffing problems, trying to maintain the paychecks, that it becomes

impossible to live an ordinary life. The question remains whether the start up serves as a

boon or a

Their experience with a company in the same

industry, or with the same management structure, or with a similar channel strategy, or

“what happened” 10 years ago, convinces them that their past experience will transfer to

the new project or business.

On one hand, it’s humanity’s way of coping with new things. We look to the past in order

to inform future decisions. When performing a valuation of a company, most investors

take a number of factors into consideration in order to balance bias and risk.

Nevertheless, we always take the future back to the present or project the past to the

present in order to know how much a business, idea or project is worth in today’s world.

What do we pay today for a dream? If an entrepreneurial idea does not fit our past

experiences – whether we are a seasoned investor or an amateur – how do we value

the company?

Our story is essential in convincing amateur or professional investors and

partners. Yet, even with an amazing story, bias still plays a critical part in valuation and

decision making. What happens after we tell a story that leaves an investor wanting

more? The professional investor might be thinking “how much will I get when we