December 10: Entrepreneurship has been booming in India for the last decade. Doing business is seen as respectable work now. But as the interest in entrepreneurship increases, so does the competition. It’s getting harder and harder to stand out among others. Additionally, it’s getting harder to be a successful business owner in the first place. This is exactly where a business coach comes in. They are people with a good bundle of experience and business expertise under their belt, sharing it with entrepreneurs through training and coaching engagements.
Many businesses fail to go past the first year itself. The reasons behind that are plenty but majorly it’s the fact that most businesses don’t have solid enough business plans. These plans sound good in theory but they don’t necessarily work out in the real world. So, the need for some guidance is obvious. It may seem easy on paper, but sometimes scaling up could endanger the already set part of the business. Overall, it is a risky endeavor that needs to be handled with utmost caution and patience. In this situation too, some external guidance from someone more experienced is always welcome. MS Pradeep has been that source of guidance and support for many.
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