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Showing posts with the label Entrepreneurship

LeBooks to revolutionize the way books are sold online in India

Many of the great businesses that exist today were formed because their founders were passionate about the subject, and felt that available facilities or businesses did not satisfy all requirements of a demanding customer. Yahoo.com came into being when Jerry Yang and David Filo felt the need for a directory of websites so that it becomes relatively simpler for users to locate some specific site. Google was founded when Larry Page and Sergey Brin felt the need for a search engine that  analyzed the relationships between websites would produce better ranking of results than existing techniques, which ranked results according to the number of times the search term appeared on a page. Dell Inc was formed when, while in his college, Michael Dell felt that by selling personal computer-systems directly to customers, PC producers could better understand customers' needs and provide the most effective computing solutions to meet those needs. Besides being founded by users to addres...

Sponsor a Business

Found an article which just goes to show the extent to which entrepreneurial spirit is ingrained in Indians, and how we can device innovative ways to help them: Dear Friends, This is one of the better ventures I have come across, leveraging the power of community to empower entrepreneurs. Its a matchmaking project, connecting entrepreneurs who need loans with lenders who can offer loans. If an entrepreneurs needs Rs. 50,000 as loan, he can receive it from multiple lenders , maybe in smaller chunks of Rs. 5000 each. Similarly a lender can spread his loan of Rs. 2 Lacs, across maybe 10 or 20 businesses. Last week statistics revealed on the site are inspiring to know, the model seems to be clearly working. Close to 4000 lenders have joined, 1400+ entrepreneurs have been funded collectively amounting to Rs. 2.5 crores. This idea needs to spread fast, it is currently being positioned to help poor people with a zeal to do business, but who lack basic resources. To ensure that the ...