saransh_gupta Gupta

I want to be an entrepreneur.just completed 12th.how should I start?

What bachelors degree should I go for? What about bachelors in entrepreneurship and then masters? Are there jobs available other than starting your own business?if yes then what are they?...REALLY CONCERNED ABOUT MY BACHELOR'S DEGREE. ASAP

by saransh_gupta Gupta
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4 answers

RE: I want to be an entrepreneur.just completed 12th.how should I start?

Dr. Anand Wadadekar, PhD
Dr. Anand Wadadekar, PhD
Verified Career Expert
Founder & CEO: Discovering Careers India
  • pune

Dear Aspirant,

Nice to know that you would like to be on your own and be an entrepreneur.

However before becoming an entrepreneur, I would suggest you to first take a taste of the practical world by working for few years in the industry of your choice.

Getting a good bachelors and masters degree is very essential and I would suggest you to go for a general graduation degree like BCom or BBA or BBM. You may choose BBM or BBA if you are highly interested in your own business.

Getting the domain knowledge along with soft skills is very important to have a sustainable business and to be a good business person.

I would not recommend you Bachelors in Entrepreneurship, since it does not enable in getting jobs.

I would suggest you to undergo an Ideal Career Test which is an online psychometric test from CareerGuide.com which will help you understand yourself in respect of your strengths, weaknesses, emotional quotient, etc. and will exactly tell you which career is ideal for you.
You can then call counsellors to discuss.

You can then transform your industry experience into entrepreneurship.

Best wishes!

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RE: I want to be an entrepreneur.just completed 12th.how should I start?

Surabhi Dewra
Surabhi Dewra
Verified Career Expert
Founder and CEO at CareerGuide.Com
  • Noida

JOBS AVAILABLE FOR STARTING YOUR OWN BUSINESS !

Statement is contradicting itself. smile smile

Such courses are good only for individuals who are going to get into their family business or start their business.

RE: I want to be an entrepreneur.just completed 12th.how should I start?

Meghna Mukherjee
Meghna Mukherjee
Verified Career Expert
Counselor at Adaptive Minds
  • Mumbai

Hi Saransh,

Firstly, be sure what you wish to do.

Whether you wish to be an entrepreneur or wish to take up a job.

Though both are possible, but you need to be sure what is your end result.

As far as i see, you have just completed your 12th.
Which means work exposure is nearly zero. Though i do not deny that, entrepreneur skills require qualification or work exposure, but this was the scenario few decades ago.
These days to be an entrepreneur, one needs the basic qualification and experience that will help you sustain in the market.

Also experience, will help you decide which business would you like to start up with, and which group of citizens would you like to cater to.
Most important is Knowledge. You need knowledge about the service that you wish to provide, that will be possible either through work experience or qualification or both.

Thus, according to me, if you have a Family business, then a Bachelors degree in Entrepreneurship is fine.
Or else pursue a job oriented Graduation and masters the skill, by then pursuing an MBA in Entrepreneurial management.

Hope this answers your query.

Wish you good luck............

Is this your Ideal Career? Take Ideal Career Test to know -->Click Here

RE: I want to be an entrepreneur.just completed 12th.how should I start?

Apurva Kumar Pandya, PhD
Apurva Kumar Pandya, PhD
Verified Career Expert
Consulting Psychologist
  • Delhi

Dear Saransh,

Thanks for raising your query at www.careerguide.com!

I really appreciate your interests to be entrepreneur. Career counselors have already responded to your query so I would not repeat what they have shared.

Determine Area of Business

From your query, it is not clear area of venture. You have also not mentioned your stream of the study.
I have few questions for you to answer.

Which is your preferred area of business you are interested to start? Medical, technology, product selling (what kind of product?),

What type of business are you interested into? Consultancy, manufacturing, marketing etc.?

First you need to have business idea and prepare a plan. Asses your skills, resources, and threats. You can do strength, weakness, opportunities and threats(SWOT) analysis.

I recommend you to read following inspiring books:
The Startup Playbook: Secrets of the Fastest-Growing Startups From Their Founding Entrepreneurs- David Kidder
Entrepreneurship for Beginners-Venu Akhil Kumar Parakala
Business Modelling for Beginners: Big Businesses Start With Small Ideas-Venu Akhil Kumar Parakala
Take Me Home: The Inspiring Stories of 20 Entrepreneurs from Small Town India with Big-Time Dreams-Rashmi Bansal
Arise, Awake: The Inspiring Stories of Young Entrepreneurs- Rashmi Bansal

Relevant Professional Education

Education is important. Your education should be related to business you want to do. For example, if you want to start computer education business, then you should take BCA,MCA with relevant specialization;
If you want to start chemist shop, then you should opt for BPharm, MPharm.

Along with subject specific education, you may take up short term courses on Bussiness Management from reputed institutes such as IIM-Ahmedabad, Kolkata, Lucknow, Bangalore etc, EDII-Ahmedabad or any other reputed institutes.

Business Loan or Start Up Loan Promoting Entrepreneurship by Government and Other Organizations

There are various Government and Private companies who offer funds for viable business idea. There are many business consultants who guide preparing business idea and develop business plan.

Following link may help you gain information about business and support you may receive:
Government Of India: http://business.gov.in/enterprises/support_org.php
Small Industries Development Bank of India (SIDBI) www.sidbi.com
http://www.indiainnovationfund.in
www.mahindrafinance.com/SME-Loans.aspx

Job or Work Experience

You may get job based on your educational qualification and skills you possess. After graduation or post graduation, you may take up a job and after some experience you may start on your own business. Your education and experience can guide your decisions and can make you successful entrepreneur.

Hope this provides new perspective to take decision about your educational and entrepreneurial career.

If you have more queries, feel free to write or call. I would be happy to answer your queries and help you decide better career option.

Best Wishes for Your Bright Career.

Is this your Ideal Career? Take Ideal Career Test to know -->Click Here

RE: I want to be an entrepreneur.just completed 12th.how should I start?

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