Why India needs more entrepreneurs?

As per the ILO report, the proportion of educated youth (with at least secondary education), who are unemployed, has nearly doubled to 65.7 percent in 2022 from 35.2 percent in 2000.

I want you to read the above lines twice and digest the facts.

India has 65.7 per cent of the youth population unemployed as of now.

Does this data scare you? I am sure you must have felt uneasy while reading this but that’s true.

In this newsletter, I will cover “Why India needs more entrepreneurs? 3 tips to start your own business”.?

Well, unemployment and job crisis is something which is not new, it; 's just that the magnitude has increased. Fewer jobs in the market, post-COVID market changes and an overall slowdown in the world economy are obvious reasons for this. But, the truth is that everyone needs a job, everyone has a family to feed, and everyone has aspirations to meet.

The only solution to this problem is the creation of more jobs, new business opportunities and a young population building some of the biggest ventures which can provide jobs to the people of this country and contribute towards a stronger economy.

For this entrepreneurship has to be promoted and implemented at all costs. The youth population has to come out of this mindset of seeking jobs to cultivate a mindset of providing jobs.?

This is not easy and still, society as well as parents are into this old traditional mindset of jobs.

And that too government jobs. Our youth is desperate for it. That is also one most important reasons why a major chunk of youth populations fails to create something bigger, something better.?

Back when I started my venture into the occult sciences, after leaving my well-paid IT job, I too faced a lot of restraint from my family members. Coming from a small remote village in Maharastra, getting into MNC was a big thing for my parents. But I was always a staunch believer in being in the tribe of job providers rather than job seekers. I always wanted to build something big and create a massive impact.

And this is the spirit every Indian needs to cultivate to be a global world leader.

We need more industrialists, problem solvers and wealth creators in our country.

Government alone can’t do much, few top companies alone can’t employ everyone. We are the second largest in headcount after China.?We have to prepare ourselves to carry the aspirations of 1.4 billion people.

That’s why I say to everyone reading this newsletter.?"YOU have the power to make a difference. Yes, you heard me right! By stepping into the world of entrepreneurship, you're not just creating a business – you're solving problems, you're creating opportunities, and you're also using your full potential."

Why India needs more entrepreneurs?

1. Problem-Solving Power: India is growing with a lot of problems waiting to be solved – from healthcare to education to sustainability. By starting your own business, you can grab this challenge and turn it into a business. The problem also gets solved and employment is also generated.

2. Creating a trend of entrepreneurship: With so many young minds struggling to find jobs, there's never been a better time to create a trend of doing something big and creating what matters and is valuable. By becoming an entrepreneur, you're not just creating a job for yourself – you're paving the way for others to follow suit and build a brighter future together. You are creating a trend which will act as a baseline for the generations to come.

3. Golden Opportunity: Think of it like this: the stars are aligned, the stage is set, and you've got a front-row seat to the greatest show on earth. This isn't just any phase – it's a golden phase, a once-in-a-lifetime opportunity to turn your dreams into reality. India is an emerging market and economy at this moment. The entire world is looking at India. The Indians are looking to excel in every sphere, be it IT, innovation, infrastructure, AI and much more.

That's why you should start and utilise this golden period. Transform yourself from a job seeker to a job creator.

But that's not easy.?

It’s a tough journey. It requires a lot of courage and a strong will to start and lead from the front.

Well, fear not, because I've got three simple, practical tips to kickstart your entrepreneurial journey.

3 tips to start your business.

1. Find Your Passion: What lights a fire in your belly? What keeps you up at night? Find your passion, your driving force, and let it guide you on your entrepreneurial path. Spend some time with yourself. Find something that is challenging and you can tackle that challenge.

2. Do Your Homework: Before diving in headfirst, take the time to research your market, understand your audience, and identify potential challenges. Knowledge is power, my friend! See who can pay you, and who can’t pay you.?

3. Start Small, Dream Big: Rome was not built in a day, and neither will your business. It takes time, patience and prolonged efforts in the right direction to build a business, and neither will your business. Start small, take baby steps, and don't be afraid to dream big. With patience, perseverance, and a sprinkle of passion, anything is possible.

So, what are you waiting for? The world is waiting for your brilliance, your innovation, your magic. It's time to step into the spotlight and shine like the star you were born to be.

Turn your passion, intellect, skills and mindset from a job seeker to a job creator.

Chase big dreams, make a big difference and build a brighter tomorrow – together.

DM me to be part of my occult entrepreneurship event "ANUGRAHA" where I help you build your occult business and become a successful entrepreneur with my handholding, strategy and support.

With utmost dedication to your success!

Sudhir Kove

Life and Business Transformation coach.