Entrepreneurship

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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