Entrepre Nur Ship

PRESTIGE DEPARTMENT OF LAW Presentation on- The Great entrepreneurs, entrepreneurs, who started from scrap.

Presented by:Aayus Aa yush h Arora Arora B.A.LL.B(Hons.) 6th sem

Who is an entrepreneur??? 

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Entrepreneurship is defined as the process of making money, earning profits and increasing the wealth while posing characteristics such as risk taking, management, leadership and innovation. The term entrepreneurship is a complicated term and gives various meaning depending on the situation. The word entrepreneur has a French origin. It originated during the Middle Ages when the term entrepreneur was applied to   “the  man in charge of the great architectural works: castles and fortifications, public buildings, abbeys and cathedrals ”. It is derived from the French word,   entreprendre, which means “to undertake.” In a business context, it means to undertake a business activity or simply to start a business. The Merriamtebster Dictionary defines an entrepreneur as ‘one who organizes, manages, and assumes the risks of a business or enterprise’.

Some of the great entrepreneurs 

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Mr. Arjun Wallia Mr. Sunil Maheshwari Mr. Jan Koum

1. Mr. ARJUN WALLIA 

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Founder of Walson Service Private Limited. It provides security, Facility management and technological and enginering solution to customers. Started from a friends garage at an initial investement of 25,000 in 1996. Recently operates in 47 countries and 180 cities in India. He got is first contract of 2000 per month.

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Today it is working with over 40,000 workforce in 180 cities in India. In 2007, It made an partnership with sweden company SECURITAS AB, and purchased 51% of its shares and Mr. Walia is currently the CEO of Securitas India. Mr. Walia has recently established Walson HR solution, which deals with the facility management.

2. SUNIL MAHESWARI 

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THE CHIEF EXECUTIVE OFFICER AND COFOUNDER OF MANGO TECHNOLOGIES PVT. LTD. Mango Technologies is one of the 'Top TenStartup Companies of 2008. In 2007, he won the top innovation award from Nasscom and recently, BusinessWorld named him one of the top five entrepreneurs in India. Sunil had managed the team that designed the first 'Designed in India' mobile set and the world's first dual SIM phone. Mango Technologiesis a software solution provider for all low and medium segment mobilephones.

Desire tobe an entrepreneur Sunil took the first risk in his career by quitting his job at Reliance Infocom to join a startup company.  Then along with his colleague he designed the first 'Designed in India' handset. It was also the first dual SIM phone. 

The idea germinates LekhJoshi and Sunil Maheshwari joined hands and in the year 2006 started Mango Technologies in Bangalore with less than Rs.10 lakhs  They hired two people, and started building a complete operating system for mobiles 

The Challenge 

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Indians are cost-conscious consumers. It was a big challenge to make a set suitable for this kind of market. Mango Technologies started partnering with Texas Instruments first and then started working with Qualcomm, which has 20-25% of the world market in mobiles

Awards 

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Nasscom'smost innovative company award in 2007-08 Mint and Wall Street Journal wrote Mango Technologies as part of the top ten startup companies of 2008 Recently, Mango Technologies was in the top ten innovators list published by BusinessWorld 

 Jan Koum  Jan Koum, the founder of WhatsApp, was born in a small village near Kiev in Ukraine. Coming from poverty, Koum's family emigrated to California, and Koum started learning about computers in his spare time. By the time he was 18, he had developed impressive skills, and in 1997, he was hired by Yahoo! as an infrastructure engineer.

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He spent a decade in that industry before realizing the huge potential of the app industry in 2009 and starting WhatsApp Inc. By 2014, WhatsApp had become enormously popular. Facebook bought the app for a staggering $19 billion.

Conclusion 

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If you notice the percentage of entrepreneurs which started from nothing are the richest and the most successful entrepreneurs of the world. Almost all of them are college dropouts or are poor. The conclusion is if you want to be successful follow your dreams, one day you will be the person who will leave a hole in the universe.

THANK YOU!!