Important things to remember before entering the startup and entrepreneurship eco-system

My Big Plunge, a leading online magazine covers startup and entrepreneurship in India. The magazine is determined to share the stories of all the people who have the courage to start their own ventures.

Here we would like to talk about a few of the important things that a person should keep in mind while starting their own start-ups. While an entrepreneurs risk taking capacity and idea for a startup are important. There are also a few other things that need to be kept in mind. 

Here are a few of them.

One of the most important things for success is timing. It is for this reason that the launch of a product has to be done in the right time and the right moment. There are many things that a person has to consider before launching a product. One has to think of friends and family and any other commitments etc. However, you  also have to keep the market in mind and launch your product at a time when the market is ready to accept the product. After all, how the market accepts your  will  determine your future.

When you think of starting your business, you have to plan your capital in such a way that you are always able to manage it well. Estimation and budget planning is very important before starting a business.

Right before starting your own Startup, you have to brush up on your management skills because first you need to hire the best people for the job. You will also have to manage various roles when you start your own venture and therefore it is important to brush up on your management skills.

One of the most important things that you have to keep in mind is getting your customer’s attention. Make sure your services are good. One of the main things that attract customers are good service skills. Customer service should always be a priority. An entrepreneur has to have the ability to network with the right kind of people.

My Big Plunge sharing your entrepreneurial journey

My Big Plunge is one of the leading online portals in India that focuses on the growing start-up and entrepreneurship eco-system in India. Started by Ashutosh Bhattacharya, My Big Plunge believes in people with the heart and might to take the big plunge of initiating their own venture. 

The Indian startup eco-system is becoming popular worldwide and is in an upward surge. My Big Plunge while covers stories and events related to Indian ventures, it specialises in video series of indian entrepreneurs who have take the plunge into this scary but growing eco-system. The portal celebrates their plunge and the events and stories that have shaped their ventures and that are yet to unfold. The entrepreneurs featured in this series are free spirited and visionary individuals keen on finding new shores.

Since its inception, My Big Plunge has features more than 300 video testimonials of people such as Ashish Kashyap, CEO and founder of the Ibibo Group, Deep Kalra, founder of Make My Trip, Bhavish Aggarwal, CEO and founder of Ola cabs among many others. These testimonials feature the founders themselves, talking about their journey, the challenges they faced and continue to face, the rewards and the inspiration behind them taking the entrepreneurial plunge.

The online portal reaches out to more than 10,000 people across the country, making it a perfect platform for start-ups who want to share their story. The portal is also supported by Economic Times, a leading English newspaper.

At My Big Plunge, there is only one and one aim and that is to share your story with the world. To show them the journey that you have gone through, the challenges you face and to celebrate your success. We are constantly working to better our platform and share our stories with more and more people.

My Big Plunge, an online platform keeping up with Indian entrepreneurs

The Indian entrepreneurial growth story is a hit. With each passing day people are leaving their jobs to follow their dream. Indian entrepreneurs are making waves across the globe and pushing the envelope.

From groceries to plumbing to health queries, every sector has been touched by the entrepreneurial wave. People with good ideas who realize there is a gap in the market are filling it up fast with superior services and great customer base.

The success stories are many. But it is the media who is adding to this success by spreading these stories which in turn are inspiring others to follow their dreams. My Big Plunge is a leading online platform that is focused on Indian entrepreneurs.

My Big Plunge besides keeping you updated on all entrepreneurial news through articles and listicles, it also does video testimonials and documentaries of entrepreneurs who have made it big.

The idea is to tell these stories from the horse’s own mouth so that all the people out there, who are scared or intimidated by leaving a job behind and starting their own ventures, are inspired by these stories. My Big Plunge believes in Indian entrepreneurs and the leap of faith it takes to jump into an exciting and new journey.

India, over the last decade or so has seen a huge growth in the entrepreneurial ecosystem. A NASSCOM and Zinnov Consulting report titled “Start-up India—Momentous Rise of the India Start-up Ecosystem” which was released in October 2015, shows that the youth in India is on an entrepreneurial journey. India in fact has become the third largest start-up ecosystem globally. There are 4200-4400 technology-driven product start-ups established so far. By the end of this year i.e. 2015, the funding which was $2.2 billion in 2014 is expected to rise to $4.9 billion.

Also, the entrepreneurial scenario is being driven by the youth with 72% of startup founders being below 35 years old. By the looks of it, this trend will continue to grow and My Big Plunge will continue to keep you updated with the Indianentrepreneur sector.

My Big Plunge plays a crucial role in stimulating the start-up ecosystem of the country

The latest trend shows that an increasing number of students who have just completed their graduation are giving up offers from big companies as they are more interested to work with start-up companies. With advanced technologies, market demand and enormous funding the start-up industry is blooming fast in our country. Hence individuals are leaving their lucrative jobs to start their own ventures. The business minded government of India is encouraging this start-up ecosystem as it has the potential to contribute in the overall economic growth of the nation and job creation for youth. Not only the government of India, media is also playing crucial role in stimulating this start-up industry by featuring stories about the services or products of these companies so that people get to know about these.

Launched in 2013, by Ashutosh Bhattacharya, My Big Plunge is a portal which covers several articles, features about these enterprises and interviews of big entrepreneurs who have already created names for themselves in the industry. Several documentaries highlighting the entrepreneurial journey of entrepreneurs are also seen on the website. People can watch the videos of PressPlay, OlaCab, MayMyTrip, CashKaroetc on the YouTube page of the website. Women entrepreneurs can also be encouraged by reading the interviews of ePsyClinic Founder ShipraDawar and PMR CEO AakankshaBhargava who have spoken about their journey along the challenges that the women entrepreneurs mostly face in this male-dominated industry while launching their business. My Big Plunge has made itself unique by giving attention to the social entrepreneurship of the country. It has presented an interesting video of ‘Goonj’; founded by Anshu Gupta and his partner Meenakshi Gupta, this organization is the provider of proper clothing in the rural areas of India. The organization was also involved with the relief efforts of Bihar flood, Assam flood, Uttarakhand flood, Chamoli earthquake etc. The portal has brought out a special video which showcases the story of a ‘Chaiwallah’ LaxmanRao, who in true sense sells tea near the ITO area in Delhi and also has written more than 20 novels and plays. His himself publishes and distributes his books. Some of the books, written by Rao are available at the Delhi Public Library and many school libraries.

My Big Plunge is truly a unique portal as it also focuses on the cultural aspects of India. Recently, it has featured an article about the different colourful autumn festivals of the country. The story has named 5 important festivals like DurgaPuja of Kolkata, Aranmula Boat race of Kerala, Ladakh festival of Leh, Mysore Dasara festival of Mysore and Navratri festival of Ahmedabad; the portal suggests that people should attend these festivals at least one in their lifetime in order to understand the diverse culture of the country.

In order to boost up the newcomers of the industry and promote the already existing enterprises, My Big Plunge is expected to bring more and more interesting start-up stories, videos and interviews on their website which will definitely help people becoming more enthusiasts about the growing start-up ecosystem.

My Big Plunge supports the talented and courageous individuals

According to some reliable sources, it is reported that there are above 3,100 start-ups in India this year and by the end of 2020, more than 11,500 enterprises will be present in the country. India is witnessing entrepreneurship revolution which is helping the country to achieve overall economic growth and increased employment opportunities. Countless individuals are leaving their corporate jobs and taking the plunge to launch their own ventures. Today, India has huge number of successful start-ups which have employed innumerable talented and innovative employees.

Moreover the role of Indian media is also crucial as they have taken almost all the responsibility to promote this start-up ecosystem. People are becoming more and more interested to know about this new industry because of this active role of media. Founded by Ashutosh Bhattacharya, My Big Plunge is a website that aims to cover all sorts of news articles, feature stories related to start-up industry and interviews of the big names of the industry. The most interesting and unique part of this website are its brilliant documentaries which showcase the entrepreneurial journey of talented entrepreneurs. Popular start-up companies like Ola cabs, Naukri, Health Kart, Happily Unmarried, MakeMyTrip, Press Play, ePsyClinic have already been featured on the website. The videos can be watched on the YouTube page of the website.

My Big Plunge recently got tied up with The Economic Times and the portal has recently presented a video of Grey Orange, a Gurgaon based start-up which provides automated solutions for warehouses and other retail-related spaces. In conversation with My Big Plunge, founders of Grey Orange, SamayKohli and Akash Gupta have spoken about the journey of their company and their future plans to expand the business.

MyBig Plunge has also published an interesting interview of AmitBhatiani, who has invested in the travel entertainment start-up Press Play. In conversation with My Big Plunge, Mr Bhatiani has spoken about the current needs of the start-up industry in the country and how the industry is going to take shape in the near future.

With Prime Minister NarendraModi taking all important steps to boost up the entrepreneurship of the country, media is also doing its bit to promote the start-up culture in the country. Established in the year 2013, My Big Plunge is totally dedicated to give a wide platforms to these entrepreneurs who have the courage to break the conventional career path and take up the challenge to do something of their own.