Facets of Entrepreneurship | The Impact Post
Issue #5 | Mon, Oct 5, 2020
Dear NuSocia Patrons,
Remember the last time you achieved something that you had imagined doing or dreamt about. How did that make you feel? Imagination is that which makes us infinite and the world thus becomes a canvas for our creation.
In this 5th edition of the Impact Post we are looking at such dreamers in the forms of Entrepreneurship and Entrepreneurs - Intrapreneurs, Social Entrepreneurs, Grampreneurs who made their imagination come to fruition despite improbable odds and refine the business ecosystem for all involved.
We hope this edition leave you with a sense of curiosity about the Entrepreneurial mindset and aid in your journey towards excellence.
Readings : Food for Thought
We have carefully curated a selection of reading list for you to get an in-depth idea and importance of Entrepreneurship and its various forms.
1.Social entrepreneurship is key to India's success globally: Bill Drayton
In this thought provoking article the pioneer of social entrepreneurship Mr. Bill Drayton talks about a range of issues from the rapid spread of 'us-versus-them' politics and how India can grab the opportunity to become leaders of climate change, health, technology and more.
Read more (5 Mins)
2.Why You Should Become an “Intrapreneur”
Read this to understand how being intrapreneurial tends to elevate both employee engagement and productivity scores and how even a simple reframing of your role can make your work more meaningful for yourself and profitable for the company at large.
Read More (6 Mins)
3. Six tips for growing with an entrepreneurial mindset
In this intriguing blogpost, the author speaks how an entrepreneurial mindset is about a certain way of thinking through which you approach challenges and mistake. It belies an inherent need to improve your skill set and to try and try again. He delineates 6 steps by which any person can develop an entrepreneurial mindset.
Read More (5 Mins)
Expert Speaks
For understanding the aspects of Rural entrepreneurship we talked with Mr. Anirban Gupta (Co-Founder, Dhriiti-The Courage Within) where he talks about the crucial role of entrepreneurship in arresting migration.
Q.1 Can promoting Rural Entrepreneurship help in reducing migration from rural to urban centres?
The reason for migration is mainly economic reasons, especially pertaining to the means of livelihood. The migration would reduce if these economic requirements are met in the village itself.
The village economy can be seen as a “leaky bucket” where the input comes from the Government and the local resources. However, there are a lot of leakages too in the form of people going out to cities. Thus, the overall level of the village economy keep on reducing. The solution to plug the leakages or gaps are local entrepreneurs who use local resources, people and create products which can be sold locally and globally. Thereby the level of the village economy steadily goes up with the gaps being plugged.
More rural entrepreneurs created is better for the status of the village economy with better resources available and better markets leading to an overall improvement in quality of life in the villages which in turn would reduce migration.
Q.2 How can rural entrepreneurship be promoted?
Rural entrepreneurship first needs to be made aspirational for upcoming village entrepreneurs. The second crucial aspect is to create a supportive ecosystem. Organisations working in the rural space and Government should work in synergy which would allow rural entrepreneurs to provide the above two things.
A traditional success story of a social entrepreneur seems something like this - an individual comes up with an idea, finds funders and launches the said idea. They see immediate social impact and returns for investors. They quickly replicate the model and expand.
In this exclusive talk, Amol Dhakane, COO at NuSocia and participant of the Tata Proengage program, talks about how individuals (and organizations) can support social entrepreneurs in their success journey.
Watch the video here
In this exclusive podcast talk with Bhavna Mathur (Executive Director, IDEX-Accelerator) we discuss how can organisation strengthen the spirt of Intrapreneurship to enhance people’s performance and growth for the organisation.
Do follow NuSocia on Social media / NuSocia Blogs for the same. If you want to get additional people in your network to receive the newsletter going forward, please do share their contact details with us. Your privacy and patronage, both are important to us!