Tuesday, February 12, 2008

Entrepreneurship on a new high in India Inc as per BS!

Things seem to be getting rosier for those who hate watch-clockers and typically the period of 9-5. The first-generation professional is also realising more and more of hid dreams by foraying carefully in the domain of entrepreneurship. The year 2006-07 has been special because the BS 1000 list has never before seen so many new entrants. For 2006-07, there were as many as 120 debutants.
However, we do feel that that the word entrepereneurship is sometimes a misnomer.
Merriam-Webster defines an entrepreneur thus:
One who organizes, manages, and assumes the risks of a business or enterprise.
Now, the gamut of the word 'enterprise' is quite large and is not necessarily defined by the moolah factor. A paanwallah selling a very special, delicious and a different kind of 'paan' is an entrpreneur. A roadside Dosa vendor selling quality dosa at a premium is also one. A salesman in the bus managing to sell his ensemble of unique item/s is also an entrepreneur. Do we have specific benchmarks or parameters to define an entrepreneur? I believe that nowadays an entrepreneur is recognized not just because of the ROI factor but also because of the quality of the enterprise. Infosys making a mark as the numero uno in the Indian IT sector was not a flash in the pan and also not an extension of a legacy. It was an example of how such a huge corpus can be built with a meagre 10k rupees. Non-pareil is the word that describes NR Narayan Murthy's persona. But there are several others residing in the backwaters who did not have so much of an ROI but managed to do a mundane task differently and wonderfully so despite all hiccups and stigma involved.
We need to salute an average face of India who tries to alienate himself from the Sisyphean tasks set out by the society. Let us now master the Zen and the art of ......
It is an open-ended FIB(fill in the blanks).