why entrepreneurship?
Nirmal Thapa Parakhi
Format • • • • •
This is an interaction not a presentation Ask PLENTY of questions Do not be afraid to disagree with me This is a perspective of one individual Let’s have some fun
Entrepreneurship
Why entrepreneurship for me?
Entrepreneur vs Employee • • • • • •
Risk taking Pay Learning/specialization Flexibility Motivation Stress
In Nepal • Opportunities are plenty and so are challenges • Think of new ways to solve problems • Think global; understand the Nepali diaspora is huge and cater to their needs • Start small, test it and keep working on it
Challenges for entrepreneurs in Nepal • • • • •
Access to capital Demand for products/services Proper data collection Networking opportunities Political and Economic climate
Skills to have • • • • • • •
Technical and Marketing skills Creativity Interpersonal skills Team work Proactive Writing skills Financially savvy
At current • Read business books or books on entrepreneurs or books by entrepreneurs • Read articles/blogs related to your interest • Network with other like-minded individuals • Understand the business/industry you want to get into • Prepare yourself
Cultural challenges • Take credit for the work you do and be visible • Building a business means doing what is necessary • Know how to and when to disagree respectfully with senior people • Understand the value of time
What not to focus on • Making quick money • Driven only by tangible and external factors • Taking only advice from family and friends
Why to become an entrepreneur? • • • • • • •
You will learn so much It’s a lot of hard work and its extremely fun You make an impact ……………………………... ……………………………… ……………………………… ………………………………
Questions? Nirmal Thapa nirmal@parakhi.com www.curiositycenter.wordpress.com