Take This Quiz & Predict Your Score in the coming CA CS or CMA Exam!
  • How important it is for you to pass the exam in this attempt?
  • What percentage of course you have finished well so far roughly?
  • How many hours you study in a day?
  • How many times you have revised the topics you have finished
  • Have you taken online or pen drive or live class from a renowned faculty?
  • What percentage of the classes you have watched?
  • Have you attempted mock tests or practice tests yet?
  • Are you planning to attempt mock tests conducted by external bodies- ICAI, ICSI, ICMAI or other institute?
  • How many tests you have taken?
  • Did you manage to finish the test papers on time?
  • Are you strictly following study material provided by the exam conducting authority such as ICAI/ICSI/ICMAI/Other Body?
  • How is your health in general?
  • How is your food habit?
  • Any interest in yoga or exercise or play sports regularly?
  • Planning to sleep well nights before the exams?
  • Planning to have light food and water before exams?

Still in College But Have A Business Idea?

Still in College But Have A Business Idea?

Entrepreneurship is suddenly the ‘in’ thing in today’s India. Or as Generation Z will put it, “Entrepreneurship is cool”!!! Leaving the jargon aside, it is true that starting-up is the buzzword in many colleges and institutes today. Be it the dream of the under-grads or the ‘grown-ups’ who have gone back to books in order to hone their management skills, going the entrepreneurial way has never been so socially acceptable in India.

You could be teeming with business ideas while still at college. But what if you do not have your family money/business empire to fall back upon? What if nobody in your family has ever been in the field of business? Hope will you then get your ideas to fruition? We help you with these following pointers:

Business Incubation Center in College: Check with you college/institute if there is a “Business Incubation Center” in your college. Business schools will most certainly have it. In case you are from any other field of study, speak to your professors or dean to understand if the college can help you any resource or infrastructure.

Check Your State Of Preparedness: The decision to branch out on your own can be daunting. Ask yourself a few basic questions to assess how serious you are about your business idea before you take the plunge. Some of these questions, which originally appeared in a Wall Street Journal guide for small business, will help you figure out if you are ready for the journey.

Market Research: Embark on your market research. This entails starting from the basics – understanding the demand-supply situation, demarcating the market you want to target, finalising on how to make/procure your products, and how to sell them.

Create A Business Plan: A business plan is vital to any form of business that you might want to start up. It clearly defines the goals that you set for the business and also streamlines the methods for achieving them. Every business needs one and its best to start writing one as early as possible.

Arrange for Funds: You may choose any of all of options below:

Bootstrap: Start saving money so that you can bootstrap your way into your business idea. The minimum you take loans, whether from friends or family, the lesser your risk exposure.

Borrow From Friends/Family: This is a common form of funding at the starting phase for it entails ‘trust’ money that is not possible to get from banks or outside lenders. However, make sure you are fully aware of the advantages and disadvantages of such borrowings.

Need More Confidence? Join a B-School to sharpen your managerial skills and technical knowledge. This will stand you in good stead in the long run.

Still in College But Have A Business Idea?



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