DARE TO BE AN ENTREPRENEUR

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Let us first start by defining who an entrepreneur is. An entrepreneur is a person who takes risks, puts in effort & perseveres to achieve the end result. At the end he may be rewarded for his effort. He sets examples and shows other people that a certain thing can be achieved by being an example himself. On the other hand a manager by virtue of his profession is normally assigned a particular task & assigned some resources. He has to complete the assignment with the constraints imposed on him.

Entrepreneurs are the change agents. Managers are the maintainers. In times of accelerated change organizations need entrepreneurs and that is why we India need them. In more stable times, organizations need managers.

 If today we think why is the US more prosperous than India? Is it because we Indians are less smart than Americans? No, Indians are universally acknowledged for their intelligence. Is it because they have greater resources?  No, India is as much if not more rich in natural resources. Then, why is the US more prosperous than India? The US is more prosperous simply because they have more entrepreneurs.

If India needs to exterminate poverty, we have to grow. To grow, we have to employ the unemployed.  NASSCOM and CII have estimated that if India wants to be a developed country by 2020, it needs to create 10 million jobs.

 The million-dollar question is how these jobs are going to be created?

Neither the Army nor the police force can absorb such a large amount, nor can the Railways or the government. They can only be absorbed by the private sector. The industrial set-up is expanding, but not at the rate that can employ such large numbers. Is there any solution to this grave problem? Fortunately, YES, the answer is entrepreneurship.

But, why do we need entrepreneurs, because they create jobs as per TiE (The IndUS Entrepreneurs, a non-profit organization, promoting entrepreneurship), each entrepreneur creates 30 jobs. An entrepreneur creates jobs, setting stage for a flourishing economy, unlike an individual, a job seeker, a burden to the economy. Managers employed by large corporations use their creativity and intellect to make the Gates, Buffets and the Murdochs richer, whereas entrepreneurs make themselves and their nations richer.

Entrepreneurs realize the tremendous demand for goods abroad and help to market the surplus. This will make the Indian market, export competitive and at the same time, the MADE IN INDIA brand more acceptable. The surplus footstock, which would have been otherwise rotting in the government storehouse, can be exported, thus serving to earn foreign exchange. The government gets rid of the excess stock while the exporter earns revenue, leading to a win-win situation.

An important factor influencing FDI, from developed nations to developing nations is the concentration of entrepreneurship. FDI is directly proportional to entrepreneurship.

So, the message is clear; we need more entrepreneurs. It is high time, the government realizes that only and only entrepreneurship can help it grow at the high rate and rethinks its policies.

SiMER’s 4th Glorious Year of Academic Excellence

It was a proud moment for the students, teachers and staff of SiMER, when the institute celebrated its 4th foundation day on its premises on Wednesday.

To initiate the proceedings, there was an address from the CEO -Mr Lokesh Verma he expressed his pleasure in seeing the institution unfold into its 4th year. "We have achieved a lot in such a short span and have consistently developed into a centre of excellence in Management education .He added that the institute is emerging as a premier B school in central India. Mr. lokesh exhorted students to work hard and help the institute to come on the map in the field of Management.

The CEO's speech was soon followed by Director Corporate Relations –Mrs. Manisha Aditya Verma’s address who spoke at Valuing Relationships- relationship is the life-blood of the organization.

The function organized started with a Shiv Tandav Dance by Nupur & Group followed by a Skit. Thereafter a dance performances presented by Smita and group,Rajesh and group,Suman and group, duet song by Ashutosh and Lavanya, solo song with Guitar by Mr Jayant Issac-Faculty , Salsa by Mukesh and Sweta , solo dance-by Riha Pandey, Colors Theme dance enthralled the audience.

Faculty member’s of SiMER gave their message in the form of a choir “mile sur mera tumhara”- promoting harmony, integration and unity in diversity.

On this occasion, presence of alumni group doubled the enthusiasm of the evening and once again proclaimed the strong bond amongst the members of SIMER Family.

SiEMR College highlighting the importance of this event-The new faces bring new skills and pioneering ideas that take the institute to new heights.