There Is A Need To Motivate The Youth More Towards Innovation And Start-Ups By Higher Educational Institutions And Management Institutions, So That They Can Contribute To The Country’s Economy By Making Their Dreams Of Entrepreneurship Come True. According To The Latest Estimates Of The International Monetary Fund (Imf), India Will Become The World’s Third Largest Economy By The Year 2027 With $ 5.4 Trillion. At Present, Our Country Is The Fifth Largest Economy In The World With Usd 3.8 Trillion. As Per The Intention Of Our Prime Minister, Our Startups And Unicorns Also Have An Important Role In Making The Country A Five Trillion Dollar Economy, Whose Number Is Continuously Increasing. Inspired By Successful Startups, Most Of The Youth Of The Country Are Now Thinking In This Direction. Even In Institutions Of Higher Education, Youth Are Being Motivated For Startups Through Incubation Labs. For This, They Are Being Provided Financial Assistance Along With Adequate Resources.
Learn New Skills
Efforts To Develop Entrepreneurship As A Mindset Among Our Youth And Provide Them Favorable Opportunities To Create Enterprises Is The Best Way For Any Economy To Grow. Through Entrepreneurship, Youth Get Opportunities To Bring Together Resources For Better Products And Services For The Country, Thereby Taking Us To The Next Level Of Human Life. Unleashing The Entrepreneurship And Innovative Thinking Of Indian Youth Is Perhaps The Only Way To Take Advantage Of This Opportunity. This Requires Learning From Failures And Accepting Them As Stepping Stones To Success, As Well As Learning The Skills Of Being Curious, Exploring And Exploiting Available Resources To Find Opportunities. Finding Opportunities Requires Evaluating And Taking Risks As Well As Adopting A Growth Mindset.
Don’t Run After Jobs
Even Today, Most Indian Youth Feel More Secure Working In Jobs That Ensure Regular Income For The Stability Of Their Families. But This Is The Right Time To Change This Thinking. Their Minds Full Of New Ideas Can Bring A Revolution Of Change In The Country. Both The Ability And Hunger To Do Something Are Clearly Visible In The Enthusiastic Youth. Business Schools In India Are Also Playing An Important Role In Promoting Entrepreneurship. Institutions Can Play A More Important Role In Shaping The Idea Of Entrepreneurship By Educating Students About How To Access Funding Opportunities And Capital For Startups, Fostering Innovation And Developing An Entrepreneurial Culture.
Old Identity Will Return
The Capital And Other Resources Accumulated By India Over Centuries Enhanced The Economic Prosperity Of The West. Being Under British Rule, India’s Contribution In The First And Second Industrial Revolutions Was Only In Providing Resources. In Such A Situation, There Is Now A Need For India To Regain Its Lost Identity By Moving Rapidly Towards Entrepreneurship And Once Again Become A Golden Bird And Demonstrate Its Dominance.
Take Advantage Of Resources
The Youth Of The Country Who Aspire To Move Forward On The Path Of Entrepreneurship Should Have The Mentality To Dream Big Even With Limited Resources And Become Their Own Leaders Instead Of Following Others. Youth Should Always Remember That India, As A Country With The Largest Population And Highest Number Of Youth, Has Unlimited Possibilities To Convert Their Ideas Into Entrepreneurship. Although India Has A Huge Market, Abundant Resources In The Form Of Labor (People With Capabilities And Skills) And Capital (Money To Buy Materials), There Is A Need To Continuously Enhance The Risk Appetite And Entrepreneurial Mindset.
