SlideShare ist ein Scribd-Unternehmen logo
1 von 12
Downloaden Sie, um offline zu lesen
NORTH EASTERN REGIONAL INSTITUTE OF
               MANAGEMENT



     PROJECT REPORT ON
ENTREPRENEURIAL JOURNEY OF A
    LOCAL ENTREPRENEUR



 MR. RAJIB SAIKIA
   (ENTREPRENEUR OF)

  COMPUTER WORLD AND
   SERVICE

  GREEN INFRA PROJECT




        SUBMITTED TO
                          SUBMITTED BY (MBA 2nd SEM, B)
        SAMANYA BARUAH
       (FACULTY MEMBER)         PARTHA PRATIM MAHANTA
CONTENTS

TOPICS                                    PAGES


Introduction to Entrepreneurship          1
Entrepreneurship in India                 2

An Entrepreneurial Career                 3

Introduction to the Project               4

Personal Vitae of the Entrepreneur        5

Detail Information about the enterprise   6

Interview Report                          7-9

Findings and Conclusions                  10
1


             INTRODUCTION TO ENTREPRENEURSHIP
The entrepreneurship is usually understood with reference to individual business.
Entrepreneurship has rightly been identified with the individual, as success of enterprise
depends upon imagination, vision, innovativeness and risk taking. The production is possible
due to the cooperation of the various factors of production, popularly known as land, labour,
capital, market, management and of course entrepreneurship. The entrepreneurship is a risk-
taking factor, which is responsible for the end result in the form of profit or loss.
According to A Schumpeter “The entrepreneurship is essentially a creative activity or it
is an innovative function”.
The economic activity with a profit motive can only be generated by promoting an attitude
towards entrepreneurship. The renewed interest in the development of entrepreneurship to
take up new venture should emphasize on the integrated approach. The developments of
entrepreneurship will optimize the use of the unexploited resources, generate self-
employment and a self sufficient economy.
Entrepreneurship is vibrant assertion of the facts that individual can be developed, then
outlook can be changed and their ideas can be converted into action though on organized and
systematic program for entrepreneurs. It was also felt that systematic training can be given a
better output and attracting people for taking up business venture can change economic
scenario.

The young entrepreneur should be motivated to come out with determination to do something
of their own and also to contribute to the national income and wealth in the economy. If the
country wants to achieve the growth at the grass root level, through social justice and the
crimination of poverty, it will have to provide institutional support and structural changes in
organization of financial institutions to promote entrepreneurship development. Industrial
development in any region is the outcome of purposeful human activity and entrepreneurial
thrust.

As entrepreneur by implication is one who ventures out, who prefers change as a means of
growth and it the process is prepared to take a calculated risk while taking risks he is aware of
the possibilities, success as well as the consequence of failure.
2


                        ENTREPRENEURSHIP IN INDIA
Entrepreneurship has been ‗embedded in the Indian genius and is a part of its tradition‘.
To quote the renowned economist, T.N. Srinivasan, „India has been an entrepreneurial
society
we had the entrepreneurial skill but suppressed it for too long a time
 and
now it is thriving.‟
The entrepreneurial spirit is an ongoing characteristic of India‘s history, particularly visible in
a number of communities engaged primarily in trading. Traditionally, the Entrepreneurship of
such communities is facilitated principally by the successful use of informal ‗entrepreneurial
ecosystems‘ and interdependent business networks. Further, there is also a rich tradition
within the Indian prospects, spanning the past several hundred years, whose spirit of
enterprise is legion.
The salience of Entrepreneurship in India has intensified in recent times, particularly with the
rise in knowledge-intensive services. New entrepreneurs who do not belong to traditional
business communities have begun to emerge in large numbers. Entrepreneurship has grown
rapidly, visibly so, creating wealth and generating employment, especially in the past twenty
years. Crucial efforts initiated after economic liberalization — including systematic attempts
to reduce the ‗licence raj‘, greater efforts to make finance more easily accessible to
entrepreneurs and other institutional support to ‗techno-preneurs‘ — have helped improve the
climate for Entrepreneurship. The software industry, in particular, its initial growth arising
largely out of the ‗interstices inadvertently left untouched by the State‘, has today taken giant
strides, with the top companies working ‗within the market and with a fuller understanding of
the rules of international commerce‘.
Thus, the opportunities created by today‘s global knowledge economy coupled with the
‗unshackling of indigenous enterprise‘, have contributed to making India a ‗fertile ground‘
for Entrepreneurship.
Statistics on the growth of India‘s technology driven entrepreneurship are telling. In a recent
survey by the Deloitte group, India ranks 2nd globally as home to the fastest growing
technology firms. 82 Indian companies entered the Deloitte Technology Fast 500 list of Asia-
Pacific Companies in 2007 and the companies that have made it to the Technology Fast 50 of
India have an average three-year revenue growth of 489%. In this respect, particularly in high
skill innovation driven Entrepreneurship, the opportunities offered by complex and
interconnected global networks are also relevant.
3


                    AN ENTREPRENEURIAL CAREER

Entrepreneurship plays an important role in the economic growth and development of nation.
It is a purposeful activity includes in initiation, promotion and distribution of wealth and
service. An entrepreneur is a critical factor in economic development and an integral part of
the socio-economic transformation. It is a risk taking activity and challenging tasks, needs
utmost devotion, total commitment and greater sincerity with fullest involvement for his
personal growth and personality. The entrepreneurial career is not a one day job nor it is bed
of roses. Prosperity and success never come easily. It takes time and needs hard work.
Systematic planning and business acumen to be successful entrepreneur.
Therefore, before choosing this path one should be very careful in knowing about his/her own
self confidence. This introspection process helps him/her in knowing about himself/herself.
Every person has his/her own potentiality and resource. How he/she looks in to this aspect. If
the person cans understand or identify his/her inner traits then it helps him/her choosing the
right path for which he should look into his/her beliefs, faith values etc. For an entrepreneur it
is of great importance to know about himself/herself on the basis of above mentioned
individual consideration. These consideration give him/her ample scope to face his own self
by asking the question ―Who I am?‖ If he/her can give meaning answer to this complex
question with exemplary courage and utter personal disregard to being exposed, then it helps
him/her in getting a fair idea about himself/herself. On the whole it helps him/her to making
the right decision in choosing the right path for getting involved for deciding the future
course of action. This is nothing but a self-identification process. After having being proper
identified his/her strength, weakness and ability, he/she can make a decision of his/her
choice, whether he/she will take up entrepreneurship as a career or not. If yes, then in which
entrepreneurial area.
Choosing entrepreneurial career is like choosing a life partner. The person has to be there in
the job forever and may have to continue in that chosen line for generations to generation and
grows in this process if it is matching; if it mismatches it goes the other way round.
Considering this aspect he/she should always be governed by three basic qualitative instincts
to serve in the world of uncertainty. These are –
Will, Zeal, and Skill.
4




           INTRODUCTION TO THE PROJECT


             OBJECTIVES OF THE PROJECT


 What exactly "Entrepreneur‖ means.
 The present scenario of local entrepreneur.
 How an entrepreneur shape out the idea of innovation to
  undertake new businesses.
 The factors affecting to a new entrepreneur.
 The motivational factor of an entrepreneur.
 The other factors who supports to a new entrepreneur.




                       METHODOLOGY


 Surfing Internet
 Using library Books, Journal and Magazines.
 Personal Interview with the Entrepreneur.
 Field Study of the business undertakings of the Entrepreneur.
5


                                MR. RAJIB SAIKIA
                                     (ENTREPRENEUR)



Mr. Rajib Saikia, who had a dream to establish his own business and now became one of the
     most successful entrepreneur of Guwahati, gives an interview to us for our study of
                   “Entrepreneurial Journey of a local Entrepreneur”.
Computer World and Services, located in Rukminigaon and Ganeshguri and Green Valley
Infra Project (Construction work Company) are the two business undertakings which are
owned by him. When there are only a few business enterprise are operated in Guwahati metro
areas of Computer Sales, then he takes the risk of opening new business enterprise of
Computer Sales and Service. He takes the opportunity to undertake this risk bearing business
in greater Guwahati and become the first entrepreneur to open the Computer Sales and
Service enterprise at Ganeshguri area.


           PERSONAL VITAE OF THE ENTREPRENEUR


   NAME                                     :              Mr. Rajib Saikia
   FATHER‟s NAME                            :              Late R. Saikia
   DATE OF BIRTH                            :              6th March 1970
   SEX                                      :              Male
   EDUCATIONAL QUALIFICATION :                             HSLC at Biswanath Chariali
                                                           HS at Sibsagar
                                                           B.COM under IGNOU
                                                           MCA under IGNOU
   PRESENT ADDRESS                          :              Chachal Road, Six-Mile
                                                           Guwahati
   PERMANENT ADDRESS                        :              Biswanath Chariali, Tezpur
6


     DETAILED INFORMATION ABOUT THE ENTERPRISE

OWNER OF THE ENTERPRISE      :   Mr.Rajib Saikia


TYPES OF PROPRIETORSHIP      :   Sole Proprietorship


NAME OF THE ENTERPRISE       :   Computer World and Services
                                 Green Infra Project


NATURE OF THE BUSINESS       :   Computer Sales and Services
                                 Construction Work


LOCATION OF THE ENTERPRISE   :   Ganeshguri and Rukminigaon, Guwahati


ESTABILSHMENT                :   Computer World and Service – 1997
                                 Green Infra Project – 2006


DEALING BRANDS               :   HP, Lennovo, Gigabyte, HCL,
                                 Samsung, Dell, Etc.


CONSTRUCTION SITE            :   Shanti-Nivas, Ghoramara, Bhetapara,
                                 Guwahati


EMPLOYEE ENGAGED             :   Computer World and Service – 16
                                 Green Infra Project – 25-30


SUPPLY AREAS                 :   Entire North-East
7


              AN INTERVIEW WITH MR. RAJIB SAIKIA
Responding to our questionnaire, Mr. Rajib Saikia, a well known entrepreneur of greater
Guwahati, gives the following answer, which we are concluded into this report below:


Question 1:   “Mr. Rajib Saikia, one of the successful Entrepreneur of entire

              Guwahati”. Sir, how you feel?

Answer:       Not exactly a successful entrepreneur but ya from my business undertakings, I

              have achieve something to fulfill my dreams. Something achieves but need

              some more to achieve.

Question 2:   When did you get the idea to do business in this particular field?

Answer:       From my child hood I had a dream to become a successful business man. My

              Dada (Brother) used to do small business in our native place, do not know

              why and how I involved too into my brother‘s business. Then after I used to

              think about my own business firm. That‘s how I get an idea to start my own

              business.

Question 3:   Initial stage of your life?

Answer:       I am belonging to a middle class family, where parents used to force to get a

              good education, so that I can able to get a good job and support my family

              financially.

Question 4:   How is your educational journey?

Answer:       After completing my HSLC, I took admission to the Commerce Stream at

              Sivsagar, where my brother started his business. After my HS examination, I

              joined my brother business. But later, I have no interest on doing such kind of

              work, so I took admission into the B.E. Unfortunately; I dropped out the

              college and went for the B.Com and then MCA from IGNOU.
8


Question 5:   Why Computer Sales and Services?

Answer:       When I completed my PG degree on MCA, then I joined a corporate house. I

              absorbed myself in the reputed company. But I could not cope up with this

              environment. So I resign the job and started thinking about my own enterprise.

              During this time computer are not so popular. But I foresight the future

              prospects of ample opportunity of doing business related to computer services.

              Then I did not look back. I came to Guwahati and established my own firm at

              Ganeshguri, in 1997.

Question 6:   What processes you used to do business?

Answer:       I took a dealership of reputed brands of computer desktops, laptops and

              accessories. More than 15 brands of computers you get from my both

              enterprises. Recently I had also stated my own construction company, where

              we used to construct houses, flats both for governments and for general

              people.

Question 7:   What is your speciality about your business?

Answer:       We believe in customer satisfaction. ―Computer World and Service‖ are both

              ―Product Centered‖ and ―Customer Centered‖. Where we believe in 100%

              customer satisfaction.

Question 8:   In 1997, do you have any close competitor against your business?

Answer:       Computer World and Service is the first Computer retailer in Ganeshguri. A

              few other are there at other places of Guwahati.

Question 9:   Whenever new businesses are started, entrepreneurs always have to face

              some difficulties in the initial stage. Are you facing some difficulties? If so,

              how you overcome these difficulties?
9


Answer:       At initial stage I face a number of problems to start my own firm. First, the

              problem of money or we can say finance. I took loan from the Govt. Scheme

              of PMRY. Then the problem arises, where we set up our business. Then we

              get a plot of land in the heart of Guwahati at Ganeshguri.

Question 10: Employment generation is one of the important functions of an

              Entrepreneurship. Sir, how many employees you have on your

              enterprise?

Answer:       16 number on my Computer World and 25-30 on my construction site.

Question 11: Did you get the full support of your family?

Answer:       Definitely, my parents support me a lot.

Question 12: Motivator is the most important factor of an Entrepreneurship. Who

              motivate or encourage you to do business?

Answer:       My Dada (Brother) is the foremost. Then after, my parents and now my wife

              give me a full support to do business.

Question 13: We would like to ask what principle you follow into your life and into

              your business?

Answer:       I believe in love. My business and their employee are my family members. My

              principle of my life is full dedication and trust into my employees. I want to

              give my 100% so that I can achieve the height of success.

Question 14: What is your message to the new generation, who want to be an
             entrepreneur?

Answer:       I want to say to them, is that, ―Use your knowledge properly, apply skills and

              give your 100 % then you will get success.‖ Try to think big and give shape to

              your innovative ideas.
10


                     FINDINGS AND CONLUSION
Approaching to the entrepreneur, we asked several questions based upon his life as an
entrepreneur as well as about his enterprise and entrepreneurship, as a whole. He replied to
our questions very comfortably.

From the child hood, when he was reading at class 8 he was having a dream to be a rich
person. His brother was a businessman, so from when he started hearing about businesses and
entrepreneurship, he also wanted to be an entrepreneur.

After completion of HSLC, he did HS in commerce from Sivsagar College. He got no interest
in that line so he took admission in poly-technique but unfortunately he could not able to
complete his study. Then he again went for Bcom and then MCA from ignou.

He started taking steps to run his own business from then. But at the initial stage only few
people were supporting him. But though he got no encouragement, he was very much
determined and dedicated to his work. For starting a business there are so many things to be
needed, eg. Knowledge , Money, Dedication etc. He had sufficient knowledge for starting
his own business and for being an entrepreneur. But he had some short of money, so he
needed financers. He took some money from his brother and sister, but it was not sufficient at
the initial stage of business. That time government was providing loans, he again took a loan
under the scheme of PMRY. He established his own computer sales and service center named
―Computer World and Service‖. Now in today‘s context he is one of the most successful
entrepreneur in Guwahati. He expands his business to entire North-east. First he establishes
his business undertaking at Ganeshguri, and then he establishes another undertaking at
Rukminigaon. He got the taste of profit in both the enterprises and achieves the height of
success. Now he is getting into the business of Construction work and he operate his
construction work under the name of ―Green Infra Project‖.

From our study of ―“Entrepreneurial Journey of a local Entrepreneur” we got a lot of
experience regarding the entrepreneur journey. The journey of Mr. Rajib Saikia as an
entrepreneur is not easy. He faces lots of difficulties before establishing himself as an
entrepreneur. Due to his full dedication and hard work, he achieves this apex point of success.
The three basic qualitative instincts- Will, Zeal and Skill we found in Mr. Rajib Saikia,
which give him a taste of success.

Weitere Àhnliche Inhalte

Was ist angesagt?

Characteristics of an entrepreneur
Characteristics of an entrepreneurCharacteristics of an entrepreneur
Characteristics of an entrepreneur
Brien Naco
 
opportunity and idea generation
opportunity and idea generationopportunity and idea generation
opportunity and idea generation
guptaaakansha
 
Model of entrepreneurial motivation
Model of entrepreneurial motivationModel of entrepreneurial motivation
Model of entrepreneurial motivation
Annapurna Sinha
 
CHALLENGES LIKELY TO BE FACED BY AN ENTREPRENEUR IN A COUNTRY LIKE INDIA FINA...
CHALLENGES LIKELY TO BE FACED BY AN ENTREPRENEUR IN A COUNTRY LIKE INDIA FINA...CHALLENGES LIKELY TO BE FACED BY AN ENTREPRENEUR IN A COUNTRY LIKE INDIA FINA...
CHALLENGES LIKELY TO BE FACED BY AN ENTREPRENEUR IN A COUNTRY LIKE INDIA FINA...
abhijeet verma
 
Entrepreneurial mindset
Entrepreneurial mindsetEntrepreneurial mindset
Entrepreneurial mindset
Fida Waxir
 

Was ist angesagt? (20)

Social Entrepreneurship
Social EntrepreneurshipSocial Entrepreneurship
Social Entrepreneurship
 
Entrepreneurship and economic development
Entrepreneurship and economic developmentEntrepreneurship and economic development
Entrepreneurship and economic development
 
Characteristics of an entrepreneur
Characteristics of an entrepreneurCharacteristics of an entrepreneur
Characteristics of an entrepreneur
 
Entrepreneurship Lecture Notes Part 1
Entrepreneurship Lecture Notes Part 1Entrepreneurship Lecture Notes Part 1
Entrepreneurship Lecture Notes Part 1
 
Social entrepreneurship
Social entrepreneurshipSocial entrepreneurship
Social entrepreneurship
 
opportunity and idea generation
opportunity and idea generationopportunity and idea generation
opportunity and idea generation
 
10 qualities of an entrepreneur
10 qualities of an entrepreneur10 qualities of an entrepreneur
10 qualities of an entrepreneur
 
Entrepreneurship Development: Unit No. 3
Entrepreneurship Development: Unit No. 3Entrepreneurship Development: Unit No. 3
Entrepreneurship Development: Unit No. 3
 
Model of entrepreneurial motivation
Model of entrepreneurial motivationModel of entrepreneurial motivation
Model of entrepreneurial motivation
 
Entreprenunership project pdf
Entreprenunership project pdfEntreprenunership project pdf
Entreprenunership project pdf
 
CHALLENGES LIKELY TO BE FACED BY AN ENTREPRENEUR IN A COUNTRY LIKE INDIA FINA...
CHALLENGES LIKELY TO BE FACED BY AN ENTREPRENEUR IN A COUNTRY LIKE INDIA FINA...CHALLENGES LIKELY TO BE FACED BY AN ENTREPRENEUR IN A COUNTRY LIKE INDIA FINA...
CHALLENGES LIKELY TO BE FACED BY AN ENTREPRENEUR IN A COUNTRY LIKE INDIA FINA...
 
Entrepreneurship
EntrepreneurshipEntrepreneurship
Entrepreneurship
 
Women Entrepreneurship India
 Women Entrepreneurship India  Women Entrepreneurship India
Women Entrepreneurship India
 
Factors affecting entrepreneurship
Factors affecting entrepreneurshipFactors affecting entrepreneurship
Factors affecting entrepreneurship
 
Entrepreneurial mindset
Entrepreneurial mindsetEntrepreneurial mindset
Entrepreneurial mindset
 
Entrepreneurship in Pakistan
Entrepreneurship in PakistanEntrepreneurship in Pakistan
Entrepreneurship in Pakistan
 
Concept of Entrepreneur and Entrepreneurship
Concept of Entrepreneur and EntrepreneurshipConcept of Entrepreneur and Entrepreneurship
Concept of Entrepreneur and Entrepreneurship
 
Introduction to entreprenershipunit i to v
Introduction to entreprenershipunit i to vIntroduction to entreprenershipunit i to v
Introduction to entreprenershipunit i to v
 
Evolution of entrepreneurship
Evolution of entrepreneurshipEvolution of entrepreneurship
Evolution of entrepreneurship
 
Trading Entrepreneur - In types of Entrepreneurs
Trading Entrepreneur - In types of EntrepreneursTrading Entrepreneur - In types of Entrepreneurs
Trading Entrepreneur - In types of Entrepreneurs
 

Andere mochten auch

Small business owner interview
Small business owner interview Small business owner interview
Small business owner interview
mmnichols
 
Business owner interview
Business owner interviewBusiness owner interview
Business owner interview
Stevec9292
 
Small buisness owner interview
Small buisness owner interviewSmall buisness owner interview
Small buisness owner interview
zachab121
 
Small business owner interview
Small business owner interviewSmall business owner interview
Small business owner interview
Matt Solomon
 

Andere mochten auch (17)

Project (entrepreneur interview)
Project (entrepreneur interview)Project (entrepreneur interview)
Project (entrepreneur interview)
 
How To Write Effective Business Reports - Business Report Writing Service
How To Write Effective Business Reports - Business Report Writing ServiceHow To Write Effective Business Reports - Business Report Writing Service
How To Write Effective Business Reports - Business Report Writing Service
 
An Introduction to Yatra.com
An Introduction to Yatra.comAn Introduction to Yatra.com
An Introduction to Yatra.com
 
Makemytrip
MakemytripMakemytrip
Makemytrip
 
Business and Report Writing Skills
Business and Report Writing SkillsBusiness and Report Writing Skills
Business and Report Writing Skills
 
Small business owner interview
Small business owner interview Small business owner interview
Small business owner interview
 
Business owner interview
Business owner interviewBusiness owner interview
Business owner interview
 
Small buisness owner interview
Small buisness owner interviewSmall buisness owner interview
Small buisness owner interview
 
Questions for how to interview a entrepreneur
Questions for how to interview a entrepreneurQuestions for how to interview a entrepreneur
Questions for how to interview a entrepreneur
 
Presentation Entrepreneurship Project
Presentation Entrepreneurship ProjectPresentation Entrepreneurship Project
Presentation Entrepreneurship Project
 
Interview of an entrepreneur
Interview of an entrepreneurInterview of an entrepreneur
Interview of an entrepreneur
 
Small business owner interview
Small business owner interviewSmall business owner interview
Small business owner interview
 
Entrepreneur Interview
Entrepreneur InterviewEntrepreneur Interview
Entrepreneur Interview
 
Entrepreneurship project report
Entrepreneurship  project report Entrepreneurship  project report
Entrepreneurship project report
 
Business Plan Assignment Sample
Business Plan Assignment SampleBusiness Plan Assignment Sample
Business Plan Assignment Sample
 
Business Report Writing Skills
Business Report Writing SkillsBusiness Report Writing Skills
Business Report Writing Skills
 
Business plan - Entrepreneurship Project - Shivam Jaiswal
Business plan - Entrepreneurship Project - Shivam JaiswalBusiness plan - Entrepreneurship Project - Shivam Jaiswal
Business plan - Entrepreneurship Project - Shivam Jaiswal
 

Ähnlich wie Report on entrepreneurship

Entrepreneurship
EntrepreneurshipEntrepreneurship
Entrepreneurship
Raj Gahlot
 
Ep 04 (1) unit 2
Ep 04 (1) unit 2Ep 04 (1) unit 2
Ep 04 (1) unit 2
Deepak Sharma
 
TLE 504 - Introduction to Entrepreneurship.pptx
TLE 504 - Introduction to Entrepreneurship.pptxTLE 504 - Introduction to Entrepreneurship.pptx
TLE 504 - Introduction to Entrepreneurship.pptx
MendozaPatrice
 
Project Report ( Entrepreneurship ^0 SMEs).docx
Project Report ( Entrepreneurship ^0 SMEs).docxProject Report ( Entrepreneurship ^0 SMEs).docx
Project Report ( Entrepreneurship ^0 SMEs).docx
NoorpreetSingh1
 
Project Report ( Entrepreneurship ^0 SMEs).docx
Project Report ( Entrepreneurship ^0 SMEs).docxProject Report ( Entrepreneurship ^0 SMEs).docx
Project Report ( Entrepreneurship ^0 SMEs).docx
NoorpreetSingh1
 

Ähnlich wie Report on entrepreneurship (20)

What Makes a Successful Entrepreneur
What Makes a Successful EntrepreneurWhat Makes a Successful Entrepreneur
What Makes a Successful Entrepreneur
 
Civic Entrepreneurs
Civic EntrepreneursCivic Entrepreneurs
Civic Entrepreneurs
 
Report on entrepreneurship karan sharma
Report on entrepreneurship   karan sharmaReport on entrepreneurship   karan sharma
Report on entrepreneurship karan sharma
 
Entrepreneurship an introduction
Entrepreneurship an introductionEntrepreneurship an introduction
Entrepreneurship an introduction
 
Entrepreneurship
EntrepreneurshipEntrepreneurship
Entrepreneurship
 
Entrepreneurship: The Next Big Thing!
Entrepreneurship: The Next Big Thing!Entrepreneurship: The Next Big Thing!
Entrepreneurship: The Next Big Thing!
 
Entrepreneurship managementt200813
Entrepreneurship managementt200813Entrepreneurship managementt200813
Entrepreneurship managementt200813
 
Emerging Entrepreneur Trends
Emerging Entrepreneur TrendsEmerging Entrepreneur Trends
Emerging Entrepreneur Trends
 
Ep 04 (1) unit 2
Ep 04 (1) unit 2Ep 04 (1) unit 2
Ep 04 (1) unit 2
 
Entrepreneurship developments
Entrepreneurship developmentsEntrepreneurship developments
Entrepreneurship developments
 
Social_Entrepreneurship_663_v1.pdf
Social_Entrepreneurship_663_v1.pdfSocial_Entrepreneurship_663_v1.pdf
Social_Entrepreneurship_663_v1.pdf
 
TLE 504 - Introduction to Entrepreneurship.pptx
TLE 504 - Introduction to Entrepreneurship.pptxTLE 504 - Introduction to Entrepreneurship.pptx
TLE 504 - Introduction to Entrepreneurship.pptx
 
Topic 1 Introduction to Entrepreneurship
Topic 1 Introduction to EntrepreneurshipTopic 1 Introduction to Entrepreneurship
Topic 1 Introduction to Entrepreneurship
 
Entreprenureship
EntreprenureshipEntreprenureship
Entreprenureship
 
Financial intelligence; emerging perspective to productive entrepreneurial
Financial intelligence; emerging perspective to productive entrepreneurialFinancial intelligence; emerging perspective to productive entrepreneurial
Financial intelligence; emerging perspective to productive entrepreneurial
 
Book 1 entrepreneurship-fullfile
Book 1 entrepreneurship-fullfileBook 1 entrepreneurship-fullfile
Book 1 entrepreneurship-fullfile
 
Entrepreneurship development
Entrepreneurship developmentEntrepreneurship development
Entrepreneurship development
 
Project Report ( Entrepreneurship ^0 SMEs).docx
Project Report ( Entrepreneurship ^0 SMEs).docxProject Report ( Entrepreneurship ^0 SMEs).docx
Project Report ( Entrepreneurship ^0 SMEs).docx
 
Project Report ( Entrepreneurship ^0 SMEs).docx
Project Report ( Entrepreneurship ^0 SMEs).docxProject Report ( Entrepreneurship ^0 SMEs).docx
Project Report ( Entrepreneurship ^0 SMEs).docx
 
Fundamentals of Entrepreneurship
Fundamentals of Entrepreneurship  Fundamentals of Entrepreneurship
Fundamentals of Entrepreneurship
 

Mehr von Partha Pratim Mahanta

Report on airtel recruitment and selection
Report on airtel recruitment and selectionReport on airtel recruitment and selection
Report on airtel recruitment and selection
Partha Pratim Mahanta
 
Measurement of performance of bharti airtel by using different ratios
Measurement of performance of bharti airtel by using different ratiosMeasurement of performance of bharti airtel by using different ratios
Measurement of performance of bharti airtel by using different ratios
Partha Pratim Mahanta
 

Mehr von Partha Pratim Mahanta (11)

Features of salary account of Indian Bank
Features of salary account of Indian BankFeatures of salary account of Indian Bank
Features of salary account of Indian Bank
 
Bharti Airtel: Opportunity for Cost Reduction
Bharti Airtel: Opportunity for Cost ReductionBharti Airtel: Opportunity for Cost Reduction
Bharti Airtel: Opportunity for Cost Reduction
 
Air Asia: Case study on Growth, Diversification and Low cost Strtegy
Air Asia: Case study on Growth, Diversification and Low cost StrtegyAir Asia: Case study on Growth, Diversification and Low cost Strtegy
Air Asia: Case study on Growth, Diversification and Low cost Strtegy
 
Marketing Buying system
Marketing Buying systemMarketing Buying system
Marketing Buying system
 
London olympics
London olympicsLondon olympics
London olympics
 
Report on mimicri product
Report on mimicri productReport on mimicri product
Report on mimicri product
 
Report on airtel recruitment and selection
Report on airtel recruitment and selectionReport on airtel recruitment and selection
Report on airtel recruitment and selection
 
Measurement of performance of bharti airtel by using different ratios
Measurement of performance of bharti airtel by using different ratiosMeasurement of performance of bharti airtel by using different ratios
Measurement of performance of bharti airtel by using different ratios
 
Report on airtel
Report on airtelReport on airtel
Report on airtel
 
Adirtha steel furniture
Adirtha steel furnitureAdirtha steel furniture
Adirtha steel furniture
 
Adirtha steel furniture
Adirtha steel furnitureAdirtha steel furniture
Adirtha steel furniture
 

KĂŒrzlich hochgeladen

FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
dollysharma2066
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
amitlee9823
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
dlhescort
 
Chandigarh Escorts Service 📞8868886958📞 JustđŸ“Č Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 JustđŸ“Č Call Nihal Chandigarh Call Girl...Chandigarh Escorts Service 📞8868886958📞 JustđŸ“Č Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 JustđŸ“Č Call Nihal Chandigarh Call Girl...
Sheetaleventcompany
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
Abortion pills in Kuwait Cytotec pills in Kuwait
 

KĂŒrzlich hochgeladen (20)

How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 
Business Model Canvas (BMC)- A new venture concept
Business Model Canvas (BMC)-  A new venture conceptBusiness Model Canvas (BMC)-  A new venture concept
Business Model Canvas (BMC)- A new venture concept
 
Falcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in indiaFalcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in india
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
BAGALUR CALL GIRL IN 98274*61493 ❀CALL GIRLS IN ESCORT SERVICE❀CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❀CALL GIRLS IN ESCORT SERVICE❀CALL GIRLBAGALUR CALL GIRL IN 98274*61493 ❀CALL GIRLS IN ESCORT SERVICE❀CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❀CALL GIRLS IN ESCORT SERVICE❀CALL GIRL
 
Chandigarh Escorts Service 📞8868886958📞 JustđŸ“Č Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 JustđŸ“Č Call Nihal Chandigarh Call Girl...Chandigarh Escorts Service 📞8868886958📞 JustđŸ“Č Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 JustđŸ“Č Call Nihal Chandigarh Call Girl...
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableCall Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
 
VVVIP Call Girls In Greater Kailash âžĄïž Delhi âžĄïž 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash âžĄïž Delhi âžĄïž 9999965857 🚀 No Advance 24HRS...VVVIP Call Girls In Greater Kailash âžĄïž Delhi âžĄïž 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash âžĄïž Delhi âžĄïž 9999965857 🚀 No Advance 24HRS...
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 

Report on entrepreneurship

  • 1. NORTH EASTERN REGIONAL INSTITUTE OF MANAGEMENT PROJECT REPORT ON ENTREPRENEURIAL JOURNEY OF A LOCAL ENTREPRENEUR MR. RAJIB SAIKIA (ENTREPRENEUR OF)  COMPUTER WORLD AND SERVICE  GREEN INFRA PROJECT SUBMITTED TO SUBMITTED BY (MBA 2nd SEM, B) SAMANYA BARUAH (FACULTY MEMBER)  PARTHA PRATIM MAHANTA
  • 2. CONTENTS TOPICS PAGES Introduction to Entrepreneurship 1 Entrepreneurship in India 2 An Entrepreneurial Career 3 Introduction to the Project 4 Personal Vitae of the Entrepreneur 5 Detail Information about the enterprise 6 Interview Report 7-9 Findings and Conclusions 10
  • 3. 1 INTRODUCTION TO ENTREPRENEURSHIP The entrepreneurship is usually understood with reference to individual business. Entrepreneurship has rightly been identified with the individual, as success of enterprise depends upon imagination, vision, innovativeness and risk taking. The production is possible due to the cooperation of the various factors of production, popularly known as land, labour, capital, market, management and of course entrepreneurship. The entrepreneurship is a risk- taking factor, which is responsible for the end result in the form of profit or loss. According to A Schumpeter “The entrepreneurship is essentially a creative activity or it is an innovative function”. The economic activity with a profit motive can only be generated by promoting an attitude towards entrepreneurship. The renewed interest in the development of entrepreneurship to take up new venture should emphasize on the integrated approach. The developments of entrepreneurship will optimize the use of the unexploited resources, generate self- employment and a self sufficient economy. Entrepreneurship is vibrant assertion of the facts that individual can be developed, then outlook can be changed and their ideas can be converted into action though on organized and systematic program for entrepreneurs. It was also felt that systematic training can be given a better output and attracting people for taking up business venture can change economic scenario. The young entrepreneur should be motivated to come out with determination to do something of their own and also to contribute to the national income and wealth in the economy. If the country wants to achieve the growth at the grass root level, through social justice and the crimination of poverty, it will have to provide institutional support and structural changes in organization of financial institutions to promote entrepreneurship development. Industrial development in any region is the outcome of purposeful human activity and entrepreneurial thrust. As entrepreneur by implication is one who ventures out, who prefers change as a means of growth and it the process is prepared to take a calculated risk while taking risks he is aware of the possibilities, success as well as the consequence of failure.
  • 4. 2 ENTREPRENEURSHIP IN INDIA Entrepreneurship has been ‗embedded in the Indian genius and is a part of its tradition‘. To quote the renowned economist, T.N. Srinivasan, „India has been an entrepreneurial society
we had the entrepreneurial skill but suppressed it for too long a time
 and now it is thriving.‟ The entrepreneurial spirit is an ongoing characteristic of India‘s history, particularly visible in a number of communities engaged primarily in trading. Traditionally, the Entrepreneurship of such communities is facilitated principally by the successful use of informal ‗entrepreneurial ecosystems‘ and interdependent business networks. Further, there is also a rich tradition within the Indian prospects, spanning the past several hundred years, whose spirit of enterprise is legion. The salience of Entrepreneurship in India has intensified in recent times, particularly with the rise in knowledge-intensive services. New entrepreneurs who do not belong to traditional business communities have begun to emerge in large numbers. Entrepreneurship has grown rapidly, visibly so, creating wealth and generating employment, especially in the past twenty years. Crucial efforts initiated after economic liberalization — including systematic attempts to reduce the ‗licence raj‘, greater efforts to make finance more easily accessible to entrepreneurs and other institutional support to ‗techno-preneurs‘ — have helped improve the climate for Entrepreneurship. The software industry, in particular, its initial growth arising largely out of the ‗interstices inadvertently left untouched by the State‘, has today taken giant strides, with the top companies working ‗within the market and with a fuller understanding of the rules of international commerce‘. Thus, the opportunities created by today‘s global knowledge economy coupled with the ‗unshackling of indigenous enterprise‘, have contributed to making India a ‗fertile ground‘ for Entrepreneurship. Statistics on the growth of India‘s technology driven entrepreneurship are telling. In a recent survey by the Deloitte group, India ranks 2nd globally as home to the fastest growing technology firms. 82 Indian companies entered the Deloitte Technology Fast 500 list of Asia- Pacific Companies in 2007 and the companies that have made it to the Technology Fast 50 of India have an average three-year revenue growth of 489%. In this respect, particularly in high skill innovation driven Entrepreneurship, the opportunities offered by complex and interconnected global networks are also relevant.
  • 5. 3 AN ENTREPRENEURIAL CAREER Entrepreneurship plays an important role in the economic growth and development of nation. It is a purposeful activity includes in initiation, promotion and distribution of wealth and service. An entrepreneur is a critical factor in economic development and an integral part of the socio-economic transformation. It is a risk taking activity and challenging tasks, needs utmost devotion, total commitment and greater sincerity with fullest involvement for his personal growth and personality. The entrepreneurial career is not a one day job nor it is bed of roses. Prosperity and success never come easily. It takes time and needs hard work. Systematic planning and business acumen to be successful entrepreneur. Therefore, before choosing this path one should be very careful in knowing about his/her own self confidence. This introspection process helps him/her in knowing about himself/herself. Every person has his/her own potentiality and resource. How he/she looks in to this aspect. If the person cans understand or identify his/her inner traits then it helps him/her choosing the right path for which he should look into his/her beliefs, faith values etc. For an entrepreneur it is of great importance to know about himself/herself on the basis of above mentioned individual consideration. These consideration give him/her ample scope to face his own self by asking the question ―Who I am?‖ If he/her can give meaning answer to this complex question with exemplary courage and utter personal disregard to being exposed, then it helps him/her in getting a fair idea about himself/herself. On the whole it helps him/her to making the right decision in choosing the right path for getting involved for deciding the future course of action. This is nothing but a self-identification process. After having being proper identified his/her strength, weakness and ability, he/she can make a decision of his/her choice, whether he/she will take up entrepreneurship as a career or not. If yes, then in which entrepreneurial area. Choosing entrepreneurial career is like choosing a life partner. The person has to be there in the job forever and may have to continue in that chosen line for generations to generation and grows in this process if it is matching; if it mismatches it goes the other way round. Considering this aspect he/she should always be governed by three basic qualitative instincts to serve in the world of uncertainty. These are – Will, Zeal, and Skill.
  • 6. 4 INTRODUCTION TO THE PROJECT OBJECTIVES OF THE PROJECT  What exactly "Entrepreneur‖ means.  The present scenario of local entrepreneur.  How an entrepreneur shape out the idea of innovation to undertake new businesses.  The factors affecting to a new entrepreneur.  The motivational factor of an entrepreneur.  The other factors who supports to a new entrepreneur. METHODOLOGY  Surfing Internet  Using library Books, Journal and Magazines.  Personal Interview with the Entrepreneur.  Field Study of the business undertakings of the Entrepreneur.
  • 7. 5 MR. RAJIB SAIKIA (ENTREPRENEUR) Mr. Rajib Saikia, who had a dream to establish his own business and now became one of the most successful entrepreneur of Guwahati, gives an interview to us for our study of “Entrepreneurial Journey of a local Entrepreneur”. Computer World and Services, located in Rukminigaon and Ganeshguri and Green Valley Infra Project (Construction work Company) are the two business undertakings which are owned by him. When there are only a few business enterprise are operated in Guwahati metro areas of Computer Sales, then he takes the risk of opening new business enterprise of Computer Sales and Service. He takes the opportunity to undertake this risk bearing business in greater Guwahati and become the first entrepreneur to open the Computer Sales and Service enterprise at Ganeshguri area. PERSONAL VITAE OF THE ENTREPRENEUR NAME : Mr. Rajib Saikia FATHER‟s NAME : Late R. Saikia DATE OF BIRTH : 6th March 1970 SEX : Male EDUCATIONAL QUALIFICATION : HSLC at Biswanath Chariali HS at Sibsagar B.COM under IGNOU MCA under IGNOU PRESENT ADDRESS : Chachal Road, Six-Mile Guwahati PERMANENT ADDRESS : Biswanath Chariali, Tezpur
  • 8. 6 DETAILED INFORMATION ABOUT THE ENTERPRISE OWNER OF THE ENTERPRISE : Mr.Rajib Saikia TYPES OF PROPRIETORSHIP : Sole Proprietorship NAME OF THE ENTERPRISE : Computer World and Services Green Infra Project NATURE OF THE BUSINESS : Computer Sales and Services Construction Work LOCATION OF THE ENTERPRISE : Ganeshguri and Rukminigaon, Guwahati ESTABILSHMENT : Computer World and Service – 1997 Green Infra Project – 2006 DEALING BRANDS : HP, Lennovo, Gigabyte, HCL, Samsung, Dell, Etc. CONSTRUCTION SITE : Shanti-Nivas, Ghoramara, Bhetapara, Guwahati EMPLOYEE ENGAGED : Computer World and Service – 16 Green Infra Project – 25-30 SUPPLY AREAS : Entire North-East
  • 9. 7 AN INTERVIEW WITH MR. RAJIB SAIKIA Responding to our questionnaire, Mr. Rajib Saikia, a well known entrepreneur of greater Guwahati, gives the following answer, which we are concluded into this report below: Question 1: “Mr. Rajib Saikia, one of the successful Entrepreneur of entire Guwahati”. Sir, how you feel? Answer: Not exactly a successful entrepreneur but ya from my business undertakings, I have achieve something to fulfill my dreams. Something achieves but need some more to achieve. Question 2: When did you get the idea to do business in this particular field? Answer: From my child hood I had a dream to become a successful business man. My Dada (Brother) used to do small business in our native place, do not know why and how I involved too into my brother‘s business. Then after I used to think about my own business firm. That‘s how I get an idea to start my own business. Question 3: Initial stage of your life? Answer: I am belonging to a middle class family, where parents used to force to get a good education, so that I can able to get a good job and support my family financially. Question 4: How is your educational journey? Answer: After completing my HSLC, I took admission to the Commerce Stream at Sivsagar, where my brother started his business. After my HS examination, I joined my brother business. But later, I have no interest on doing such kind of work, so I took admission into the B.E. Unfortunately; I dropped out the college and went for the B.Com and then MCA from IGNOU.
  • 10. 8 Question 5: Why Computer Sales and Services? Answer: When I completed my PG degree on MCA, then I joined a corporate house. I absorbed myself in the reputed company. But I could not cope up with this environment. So I resign the job and started thinking about my own enterprise. During this time computer are not so popular. But I foresight the future prospects of ample opportunity of doing business related to computer services. Then I did not look back. I came to Guwahati and established my own firm at Ganeshguri, in 1997. Question 6: What processes you used to do business? Answer: I took a dealership of reputed brands of computer desktops, laptops and accessories. More than 15 brands of computers you get from my both enterprises. Recently I had also stated my own construction company, where we used to construct houses, flats both for governments and for general people. Question 7: What is your speciality about your business? Answer: We believe in customer satisfaction. ―Computer World and Service‖ are both ―Product Centered‖ and ―Customer Centered‖. Where we believe in 100% customer satisfaction. Question 8: In 1997, do you have any close competitor against your business? Answer: Computer World and Service is the first Computer retailer in Ganeshguri. A few other are there at other places of Guwahati. Question 9: Whenever new businesses are started, entrepreneurs always have to face some difficulties in the initial stage. Are you facing some difficulties? If so, how you overcome these difficulties?
  • 11. 9 Answer: At initial stage I face a number of problems to start my own firm. First, the problem of money or we can say finance. I took loan from the Govt. Scheme of PMRY. Then the problem arises, where we set up our business. Then we get a plot of land in the heart of Guwahati at Ganeshguri. Question 10: Employment generation is one of the important functions of an Entrepreneurship. Sir, how many employees you have on your enterprise? Answer: 16 number on my Computer World and 25-30 on my construction site. Question 11: Did you get the full support of your family? Answer: Definitely, my parents support me a lot. Question 12: Motivator is the most important factor of an Entrepreneurship. Who motivate or encourage you to do business? Answer: My Dada (Brother) is the foremost. Then after, my parents and now my wife give me a full support to do business. Question 13: We would like to ask what principle you follow into your life and into your business? Answer: I believe in love. My business and their employee are my family members. My principle of my life is full dedication and trust into my employees. I want to give my 100% so that I can achieve the height of success. Question 14: What is your message to the new generation, who want to be an entrepreneur? Answer: I want to say to them, is that, ―Use your knowledge properly, apply skills and give your 100 % then you will get success.‖ Try to think big and give shape to your innovative ideas.
  • 12. 10 FINDINGS AND CONLUSION Approaching to the entrepreneur, we asked several questions based upon his life as an entrepreneur as well as about his enterprise and entrepreneurship, as a whole. He replied to our questions very comfortably. From the child hood, when he was reading at class 8 he was having a dream to be a rich person. His brother was a businessman, so from when he started hearing about businesses and entrepreneurship, he also wanted to be an entrepreneur. After completion of HSLC, he did HS in commerce from Sivsagar College. He got no interest in that line so he took admission in poly-technique but unfortunately he could not able to complete his study. Then he again went for Bcom and then MCA from ignou. He started taking steps to run his own business from then. But at the initial stage only few people were supporting him. But though he got no encouragement, he was very much determined and dedicated to his work. For starting a business there are so many things to be needed, eg. Knowledge , Money, Dedication etc. He had sufficient knowledge for starting his own business and for being an entrepreneur. But he had some short of money, so he needed financers. He took some money from his brother and sister, but it was not sufficient at the initial stage of business. That time government was providing loans, he again took a loan under the scheme of PMRY. He established his own computer sales and service center named ―Computer World and Service‖. Now in today‘s context he is one of the most successful entrepreneur in Guwahati. He expands his business to entire North-east. First he establishes his business undertaking at Ganeshguri, and then he establishes another undertaking at Rukminigaon. He got the taste of profit in both the enterprises and achieves the height of success. Now he is getting into the business of Construction work and he operate his construction work under the name of ―Green Infra Project‖. From our study of ―“Entrepreneurial Journey of a local Entrepreneur” we got a lot of experience regarding the entrepreneur journey. The journey of Mr. Rajib Saikia as an entrepreneur is not easy. He faces lots of difficulties before establishing himself as an entrepreneur. Due to his full dedication and hard work, he achieves this apex point of success. The three basic qualitative instincts- Will, Zeal and Skill we found in Mr. Rajib Saikia, which give him a taste of success.