Opportunities in Europe for Indian Entrepreneurs (Event with TiE Pune )
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Event on opportunities on the European market for Indian entrepreneurs. Format was an interactive breakfast session - so real value was in the discussion and conversation. Facilitated by Jacob Risgaard Knudsen Held by TiE Pune and Lionpartner.
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Opportunities in Europe for Indian Entrepreneurs (Event with TiE Pune )
- 1. Opportunities in Europe for Indian Entrepreneurs Pune
- 3. Lionpartner Team Boye Hartmann Jacob Risgaard Knudsen Partner & CEO Partner & Director of Operations & Business Development Key qualifications Key qualifications - Entrepreneur - Entrepreneurial Networker - Networker - Innovator - Motivator - Business Developer Experience: Experience: 15 years of experience in the India-Denmark Connector telecommunications sector Sustainability at Maersk Line Serial entrepreneur Indian work & study experience Internet & Mobile Expert Innovation consulting www.linkedin.com/in/boyehartmann www.linkedin.com/in/jacobrisgaardknudsen
- 4. What we do A Tripod of Business Gateway to India Lionpartner Business Areas Sourcing Gateway to Activities Europe
- 5. Agenda 1 Why 2 How Europe? Europe?
- 6. But let’s see where the discussions take us...
- 7. ?
- 9. Your experiences? Have you done business in these markets?
- 10. y Europe Wh Depends very much on industry... Great opportunities in B2B Easy to setup business Great infrastructure Mature customers
- 11. Changing the outsourcing paradigm... High quality at lower costs Costs not the sole factor - need to offer mere Become a partner for growth Understand the client Focus on strategic partnerships
- 12. 1. Market opportunities 2. Access to technology 3. Access to talent 4. Source for innovation European activities to grow business in both Europe & India
- 13. How to enter Europe? What would you do?
- 14. Some options Set up own operations Distributors Partners JVs Depends on industry, products, business model etc.
- 15. My experience with Indian Not willing to dedicate resources entrepreneurs and SMEs in Unaware of needed resources Europe Lack of focus Lack of cultural & market understanding Not willing to adapt Not in it for the long term
- 16. dat ions men Recom My 1. Niche 2. Local Partners 3. Patience & Accept initial costs 4. Identify right markets 5. Understand cultural differences 6. Due diligence Start building European network!
- 17. ans rope wit h Eu ing hen work W 1. Punctual 2. Informal 3. Lack of hierarchy 4. Language 5. Saying no
- 18. Your experiences? Cultural differences?
- 19. Search' Select' Implement' Capture' • Market' • Fitment' • Market' • Market' Analysis' Analysis' Entry' presence'
- 20. LIONPARTNER Jacob Risgaard Knudsen Partner +91 91 6798 3513 (India) +45 4055 9491 (Denmark) Skype: jacob_risgaard_knudsen Email: jacob@lionpartner.com Web: lionpartner.com
Hinweis der Redaktion
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- About me\n\n
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- Industrier...\n
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- Unaware of needed resources (e.g. high costs - average salary +3 lakh rs per months)\n
- Recommendations:\n- Find niche-offering (not we can do EVERYTHING!)\n- Local partners (find\n- Patience\n- Accept costs (it takes money to make money)\n- Find the right European marketing!\n- Design, Pilot, Scale, Capture\n
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