Forums: Discussions for entrepreneurs and small business.

Dear Rich, Jeff and all:

  I am very very excited to be introduced to Startupnation (by Donny Deutusch). It was like answer to my prayers as I needed a mentor/coach to guide and advice me on my path to success and entrepeneurship.

Currently I am working for a top retailer and have made a decision to move back to India as my job is not fulfilling my hunger for challenges, knowledge and excitement. I have along term dream to be a entrepreneur --I have come to this decision after careful self-analysis and past experiences. I am moving to India in 3 months but I am not very clear in what should be my first step when I reach India?

I have couple of options in my head and I would greatly appreciate your advice-
1. Analyze the market and its needs and find a partner and go for a venture (idea should evolve sometime soon)
2. Join a good company and get experience and meanwhile analyze the market
3. Join a small entrepreneurial firm and get a firm grip on how to begin a successful business
If  you guys have any more suggestions?

Though I am not very clear with what kind of business I want to do. I desperately need some advice. I want some change, I want to do something different and challenging, I know i have great potential just need the right direction

Please please help me make a right choice!!!!!
Thanks alot!!!

I would join a large company that you have a interest in,  At the same time I would analyze what can be done better within this company and companies similar to this one. I would develop this nitch , create a business plan, find financing and take off on your own.  

I recommend number 2 as well.  If they are still in business and still thriving they are doing something right.  I learned some of my most valuable skills in corporate and the cutting edge thinking came from the entrepreneurs I was lucky enough to know and learn from.

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Dale
www.ourbestidea.com
www.maskerinsurance.com
www.maskercreations.net

Hello and welcome to SuN, I think the better option is number 2 in which you`ll get experience and at the same time analyzing the market if that business is marketable or not. It may take long but has great result in the future.


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Thanks alot for your input-- I greatly appreciate it!!

Thanks, that sounds good. I am trying to explore the entrepreneurial ventures in India and may be will join one for couple of months.
I greatly appreciate your input--
thanks again

yes i agree and I will definitely explore the market.
Thanks alot for your input --i greatly appreciate it!!