business development

Is engineering degree enough for entrepreneurship?

By at September 12, 2011 | 9:38 am | 4 Comments

Is engineering degree enough for entrepreneurship? As a part of our business plan workshops for students, we come across several queries from young minds across the country – and the most common across engineering colleges is that whether as engineers, they can be good entrepreneurs. While there are several choices a fresh engineer has after the degree, including

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Four ways to raise funds

By at August 29, 2011 | 10:22 pm | 2 Comments

Four ways to raise funds As a business takes shape from an idea to a venture, entrepreneurs face the biggest hurdle to growth – finance! 1. How much money does a business need? You can determine this based on the business plan. Money could be needed for creating a prototype, market expansion, team hiring, capital expenses or working capital — and the time

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100 days test for your business idea

By at August 16, 2011 | 12:39 pm | 0 Comment

100 days test for your business idea What is an entrepreneur without his or her idea? Among the several issues that an entrepreneur faces, the biggest challenge is to bring the idea to shape. So what does a person do once he has got an idea? 1. Write it down: An idea in your mind is a baby inside the mother’s womb. Nobody can touch it and understand its beauty

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Gaps to fill in while setting up a start-up

By at August 3, 2011 | 6:08 pm | 0 Comment

Gaps to fill in while setting up a start-up have interacted with 5,000 startups, professionals and students, of all ages and if there is one thing that makes a difference between a successful and an average company, it’s the never-say-die attitude of the entrepreneur. So what are the blanks people usually need to fill while beginning a start-up? 1. Money: If I had

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Meet Amit Grover Founder of NutureTalent.com: India’s First Institute for Startup

By at August 3, 2011 | 9:50 am | 0 Comment

Meet Amit Grover Founder of NutureTalent.com: India’s First Institute for Startup Socialwoot Ask: How the Career Journey Started? Or Who Inspired You to Start Business / Entrepreneurship? My journey as an entrepreneur started after I met almost a 1000 entrepreneurs. I was in Onida and handling the investment portfolio of my Chairman, Gulu Mirchandani. As a part

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Dare EWeek: Amit Speaks on “Sources of Finance For Entrepreneurs”

By at February 7, 2011 | 10:40 am | 0 Comment

This session was conducted online by DARE Magazine, details below: The audience at Amit Grover's session had plenty to learn today. His talk on funding was extremely informative and was an eye opener for many new start-ups who insisted on getting more out of Amit even after the session was over. Here are some of the highlights of the discussion. He started with

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Amit Grover – Founder, Nurture Talent Academy On Startup and Entrepreneurship

By at February 5, 2011 | 10:35 am | 0 Comment

CEans, We have an active discussion going on our CE-Forum about: Why aren’t engineers thinking about entrepreneurship? Presenting to you the story of an engineer from IIT Delhi who founded his Venture ‘Nurture Talent Academy’ on January 1, 2010 after doing his MBA from IIM Indore and working at a couple of companies. Here is Mr. Amit Grover sharing his

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How to start an Incubation center?

By at December 13, 2010 | 12:08 am | 5 Comments

How to start an Incubation center? Entrepreneurship in India is on the verge of explosive growth. This also throws new opportunities for the eco-system to take shape. Angel investors, venture capital, media, startup clubs, service providers, mentors and training companies are going to grow. And one important cog in the wheel is the incubator – the place where

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Fundamentals of Finance–Cost aspects

By at November 21, 2010 | 3:48 pm | 0 Comment

The first 100 days of a startup are known as a valley of death, that is the time when a company has the maximum risk of survival – and one of the biggest causes for the death of a startup is lack of cost planning. Cost control and management are the most important aspect of entrepreneurship. While we looked at revenue aspect in our last article, I will like to explain

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Basics of Finance for entrepreneurs

By at October 10, 2010 | 3:39 pm | 0 Comment

Finance is the holy grail for startup entrepreneurs. If you find it and manage it well, it can do wonders for your venture, but if you make few mistakes managing finance, it can break your back. It’s important to understand the basics of finance as an entrepreneur, without trying to become an expert like CA. My effort at Nurture Talent Academy has always been to

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Social Entrepreneurship – Emerging Scenario in India

By at October 4, 2010 | 12:02 am | 0 Comment

With such wide variety of enthusiastic entrepreneurs taking up the responsibility as social entrepreneurs, I am personally very optimistic about the future of the nation. Let me take up few points related to social entrepreneurship: 1. What is social entrepreneurship? Social entrepreneurship is about having a social objective as a goal of the venture. The objectives

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10 Pricing strategies for entrepreneurs

By at July 27, 2010 | 11:54 pm | 0 Comment

Pricing problems are not rare, and among all issues faced by startups, pricing is right on top! Though there is no perfect pricing method, I am sharing 10 pricing strategies for startups below: 1. Cost-led pricing This is the most common pricing mechanism. Start by calculating all the costs involved in manufacturing the product or delivering the service (variable

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Finance for entrepreneurs–a workshop by Amit Grover

By at May 3, 2010 | 3:28 pm | 0 Comment

This article was covered in 2indya, a leading startup website by Vivek Kumar. Yesterday, I attended this class-room style workshop conducted by Amit Grover, the founder of Nurture Talent Academy in Gurgaon. It was more sort of personal interactive-type workshop where the attending entrepreneurs submitted their questions and doubts, shared their experience and got

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Unplugging the Mystery of Startup Valuations

By at March 2, 2010 | 12:11 pm | 0 Comment

Unplugging the Mystery of Startup Valuations By Guest Author on 2, March, 2010 5 | Topic: Entrepreneurship The mystery of startup valuations has existed since the day 1st startup was born! This topic is fundamental, emotional, scientific and artistic at the same time. I have been asked this question often, and in different forms like "What is my idea worth?", "How

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Unplugging the Mystery of Startup Valuations

By at March 2, 2010 | 12:46 am | 0 Comment

The mystery of startup valuations has existed since the day 1st startup was born! This topic is fundamental, emotional, scientific and artistic at the same time. I have been asked this question often, and in different forms like "What is my idea worth?", "How can I get 10 crores funding, but retain control of my company?". The answer depends on the person who answers the

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Magic behing financial projections in a startup

By at February 23, 2010 | 12:15 am | 0 Comment

One question I have been repeatedly asked in all entrepreneurship events recently has been "How important is Financial Projection for a startup?". Like all subjective questions, the answer can range from "highly important" to "not important at all". I have never seen any investor writing a cheque without looking at the financial projections, neither have I seen them

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Pitch the Rich sessions at IIT Delhi

By at February 22, 2010 | 10:27 am | 0 Comment

Last week, I attended the Entrepreneurship Summit at Indian Institute of Technology, Delhi. It was a homecoming of sorts (I am an alumnus, 2001 passout) after 10 years. Some things never change - wind tunnel, Dogra Hall, seminar Hall, Ex Hall (exhibition hall) are still as pristine as I left them! Coming to the event, all in all it was average. The startup showcase at

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YourStory in Conversation with Amit Grover, Mumbai Angels

By at November 28, 2009 | 10:15 am | 0 Comment

Mumbai Angel was started to provide a good eco system to promote entrepreneurship in a city of 15 million people like Mumbai.In a span of 3 years they have significantly helped the startup community to grow, be it with investments, mentoring or strategic support. YourStory brings to you an exclusive interview with Amit Grover, one of the key drivers of the

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