blog Entrepreneurship | 3min Read

Starting Early, Starting Young – How To Launch A Start-Up?

Published on July 14, 2021

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Starting Early, Starting Young – How To Launch A Start-Up?

“The best way to predict the future is to create it.”

Entrepreneurship is not just about ideas – it is about making the ideas happen. It is about facing challenges regularly and overcoming them. It is about fighting to see your idea turn into a success story. 

So how do you make an idea happen?

How To Launch A Startup

The first & perhaps the most important step in your entrepreneurial journey is to identify your skill & work on converting it into a successful venture. Be so good at something that the world will pay you for it. 

The next important step is to find your target customer base. After all, if you have something to sell, you need someone to sell it to.  

When you have a skill and a customer in want of that skill, focus on completing the project in the best possible manner. Make sure that you deliver and deliver well. Let your service define you. Then, find another customer based on the strength of the work you have done. Once you have a stream of regular customers you are set. 

You just need one skill. Find customers who need that skill and go!

Start Young, Start Smart

Starting young gives you an early-bird advantage and having a mentor to guide you goes a long way in establishing your business. Here’s a fun fact for you: Did you know that more than 40% of successful entrepreneurs start young? Interesting, right? Well, here’s one more: Did you know that 92% of entrepreneurs agree that mentors have a direct impact on the growth and survival of their business? Wow! 

The Young Business Academy program can provide you the mentorship and the guidance you require to kick-start your entrepreneurial venture. 

It is a 6-months program that provides young leaders a platform to solve challenges that bother them, create solutions that are unique to them, and most importantly, it urges them to go beyond just ideating. An idea is only as good as its execution, but execution requires the right set of knowledge and motivation. For learning to be truly transformational and for skills to be picked up and mastered, young leaders need immersion, direction, and commitment. Our program combines all that and brings young leaders and young entrepreneurs the platform to start their entrepreneurial adventures and start strong! 

The Young Business Academy was created to democratize entrepreneurship in India by enabling entrepreneurs across ages and industries to not just think and wonder but to allow them to see their entrepreneurial idea through and to experience the whole entrepreneurial adventure!

  • Our Solopreneur Roadmap will lead you all the way from building your foundation to getting well-paying clients. The program is structured in 3 phases:

    • First Phase: You will focus on building a rock-solid foundation for your business, from identifying the target audience to figuring out price strategies.

    • Second Phase: Here you will build on it further and create a foolproof engine for your system that will help you every step of the way.

    • Third Phase: Here you will ensure the system is ready to be launched by looking at components such as payment links and taxes. You will finish the adventure strong with your new and improved system!

Apply now and in just 180 days, watch your entrepreneurial idea develop into a well paying business!

Big Red Education and our Ivy Early Entrepreneur Program

In our entrepreneurial workshop – Ivy Early Entrepreneur, students go through the process of business development and leave the entrepreneur program having completed a business model canvas, competitive analysis, financial model, minimum viable product, and a pitch deck.

Students get an opportunity to learn from successful entrepreneurs who are alumni of reputed universities and are experts in their respective industries.

These experts serve as coaches guiding students through the processes of developing a business concept. Risk-Taking, Decision Making, Critical Thinking, Problem Solving, Communication &

Storytelling, Design Thinking & Innovation, and Opportunity Recognition are a few of the key learning areas of our program.

On successfully completing the entrepreneur workshop, the guaranteed internship will be extended to all the students within our partner firms and with most of the mentors teaching the program. Students will be provided with a certificate of participation by Big Red Education. This certificate can be used for your college portfolio.

Ivy Early Entrepreneur

11th – 17th Jan 2022

Idea Generation | Market Research | Design Thinking | Pitching

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blog Entrepreneurship | 3min Read

Crash Course On What Really Makes a Person an Entrepreneur

Published on May 19, 2021

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Crash Course On What Really Makes a Person an Entrepreneur

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What makes a person an entrepreneur? Is it genetic? Can you trap it?

The word “entrepreneur” nowadays, appears to be thrown around anywhere for anybody doing anything. It’s used to explain celebrities and commercial enterprise tycoons like Beyoncé, Elon Musk, Marie Kondo, and Jessica Alba. But your cousin who keeps mentioning his idea for coffee-flavored toothpaste would possibly make the list too!

Entrepreneurs pop-up in all varieties of industries and may have broadly distinctive backgrounds. Some construct personal brands, while others work tirelessly on a physical product they believe in. Really, all and sundry may be an entrepreneur, given that there’s an idea and the proper gear to develop it right into a purposeful commercial enterprise.

It really is the result of grit, determination, and a fair bit of luck. Entrepreneurs are often outlined as “trailblazing,” “innovative,” “problem-solving,” “passionate,” and on and on. These may all be tendencies that entrepreneurs can strive for. But, at its core, an entrepreneur is a person who sees a need and takes at the financial chance to begin a business to fill that need.

Your concept may take the shape of a physical product with a physical store — known as a brick and mortar commercial enterprise. Or as opposed to a tangible product, your project could be a countrywide empowerment network.

There’s also been a shift in the worldwide job market that has opened the door for entrepreneurship to emerge as more mainstream. Specifically, the rise of the Gig Economy. Contract work, known as gigging, has become more popular and is taking on greater of the labor market. Where, instead of a long-time period wherein employees are paid salaries through the hour or year, agencies are quickly hiring humans for particular projects. This shift has made it financially less complicated for marketers to locate people to get their companies going, without committing long-time to pay the employees.

Entrepreneurs itch for extra independence. In the gig economic system, you can have multiple methods to make cash, with or without that nine-to-five job. Having separate jobs also can offer a stronger sense of income security than one full-time job. Even if you lose one, you will still be making money. All hail the side-hustle!

Today’s entrepreneurs are well-suited for the economic system because we understand the way to hustle. We’re unbiased thinkers who are comfortable with growing our numerous income streams, advertising and marketing ourselves, and connecting with others.

Even still, entrepreneurship isn’t easy. Taking a monetary gamble is stressful, and so is operating lengthy hours to try to get a mission off the ground. However, as entrepreneurs we believe in ourselves. Yes, there’s economic danger in beginning an enterprise, but there’s money in running a successful one. Entrepreneurial lore is full of rags-to-riches tales, in which human beings pitch the subsequent Snapchat and are released into the enterprise stratosphere. Like, Oprah Winfrey has stated, she spent her early life wearing overalls made of potato sacks. But today, she has become North America’s first black multi-billionaire and “Queen of the Daytime Talkshow.”

But we also need to keep in mind that every entrepreneur with a big success has additionally had masses of failures. It’s not that successful entrepreneurs in no way faced failure; it’s that they didn’t quit. So the bottom line is that every person can be an entrepreneur with a touch of grit, loads of determination, and a bit of luck.

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blog Entrepreneurship | 4min Read

10 Benefits of Immersive Entrepreneurship Workshops

Published on May 5, 2021

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10 Benefits of Immersive Entrepreneurship Workshops

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Early Entrepreneurship has emerged as an interesting subject amongst young students to learn in India. As job opportunities become more scarce as a consequence of Digital Transformation and population growth, entrepreneurship can be seen as a viable career choice among the current generation.

Google defines an entrepreneur as, “ a person who sets up a business or businesses, taking on financial risks in the hope of profit.” But they are so much more than that, they are the real risk takers and motivated to bring a change. An entrepreneur is also thought of as a creator of new concepts, products, services, and business/or procedures.

Are you wondering if you can be one? The answer is, YES!

There are various Early Entrepreneurship workshops in India set up for students to not just learn how to start a business but to inculcate the entrepreneurial mindset amongst the youth of this country. These workshops are a source of learning & experience from successful entrepreneurs and even alumni of Ivy League colleges who help you tap into your creative potential and build a strategic thinking mindset.

Here are a few benefits of an Entrepreneurship Development Programme :

  1. Sparks Creativity : Creative people often solve a problem in a unique way, and this is what can set you apart. Early Entrepreneurship Workshops shape you into a more capable individual equipped to face the realities of the outside world by promoting creative thinking, innovation, and collaboration.

  2. Promotes Effective communication: Effective public speaking skills can help you advance in your career by demonstrating creativity, strategic thinking, leadership abilities, poise, and integrity, all of which are highly respected in every industry. The Effective Communication workshop gives you the opportunity to observe how different people communicate. You’ll soon discover that everyone has their own unique style and interests.

  3. Inculcate Basic Life Skills: Entrepreneurship education teaches you critical life skills such as problem solving in a novel way, resolving real-world challenges, coordination and teamwork, and many others. All of these life skills that determine your personality are impossible to acquire from conventional book and classroom studies.

  4. Effective Leadership development: A good leader is always required to guide the world. If you are motivated to make a difference you will undoubtedly succeed in forging a new Path. These courses strive to incorporate leadership skills in you and help you to begin thinking like a leader while learning about entrepreneurship skills at a younger age.

  5. Helps you learn time management: Working smarter rather than harder is possible with good time management. It prevents procrastination by ensuring that you understand the things on your to-do list and when they must be done. Efficient time management can improve your productivity as well as your personal life.

  6. Opportunity Recognition : Opportunity recognition is a process of actively seeking and perceiving opportunities for new products and services. This is a very crucial aspect of an entrepreneur’s life and therefore learning this intellect process helps you grab onto new opportunities and realise the worth of them.

  7. Makes you a Risk-Taker: Taking chances in entrepreneurship generally requires meticulous preparation and dedication. Learning how to experiment with ideas and being brave enough to make mistakes is one of the best things you can learn at an early age. These workshops give you a platform to experiment, fail and retrospect so that you know how to overcome the challenges.

  8. Decision Making: Early Entrepreneurship programmes aids in the discovery and growth of managerial talent, which is one of the most important and valuable benefits. You learn how to make affirmative decisions for your career as well as for yourself in terms of personal and professional growth.

  9. Prepares you for the outside world: New innovations are advancing every day in the volatile and evolving economy, and your generation is progressing in an uncertain future. It may take years for you to master a specific trade or skill, but it may vanish from the market over time, wreaking havoc on your careers. Therefore, Learning about prospecting, planning and implementation processes will prepare you for your entrepreneurial journey.

  10. Opportunity to learn from professionals:There are few entrepreneurship development programmes that have very qualified Ivy League Mentors. These qualified mentors have vast experience in their domain because of which they can share valuable lessons, case studies, facts & figures from their experience along with providing opportunities for your future which may help you as a guiding path for lifetime.

Every child has a dream in his eyes, but only a few venture towards it. Some lack opportunity while a few lack right guidance and a good mentor. That’s why Big Red Education brings you the Early Entrepreneurship workshop. As we understand the value of your first step into your big journey of owning a billion dollar company one day. These workshops are held under supervision of qualified professionals and provide the certifications to the students participating in it. There have been thousands of students and hundreds of schools participating in this reputed workshop. Do read the testimonials by our beloved students from previous batches. So, What are you waiting for? Why wait for tomorrow if you can do it today?!

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blog Entrepreneurship | 3min Read

5 Indian Entrepreneurs Who Started As Teenagers

Published on February 17, 2021

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5 Indian Entrepreneurs Who Started As Teenagers

Seeing young businessmen in their twenties is not unheard of. It is indeed very inspiring to hear of young people starting up their own businesses. In fact, there are some teenagers who started their businesses as student entrepreneurs. Let’s review five teens who started their own companies because they had a vision, they wanted to succeed and believed in themselves!

1. Ritesh Agarwal

No introduction is needed for Ritesh Agarwal, the “OYO Rooms” brainchild. Ritesh (27) began his career at the age of 17 as a star in the online marketing industry. Oravel Stays’ concept was to give a budget hotel room to a budget traveler. Its name was later changed to OYO. The company began with 11 rooms in a Gurgaon hotel and now has over 65000 rooms in around 5500 properties located in approximately 170 cities in India. According to the ninth edition of the Hurun Global Rich List 2020, Ritesh Agarwal is the world’s second-youngest self-made billionaire after cosmetics queen Kylie Jenner. People like him have been taking entrepreneurship in India to new heights.

2. The Kumaran Brothers

How early is too early for a startup? This question is meaningless to

 Shravan Kumaran and his younger brother Sanjay Kumaran since they have been running a successful business since 2012, when they were pre-teens. They are known as the youngest Mobile Application Programmers in India and are among the youngest in the world. This sibling duo has been making apps for both Android and iOS applications and has produced over 11 applications as well as published a range of Windows applications. With this, they’re not only making their parents proud but also setting examples of leadership for students

3. Advait Thakur

Advait Thakur is a computer programmer and a teenage Internet entrepreneur. Thakur became the CEO and founder of Apex Infosys India at the age of 12. His life story is absolutely unusual from other kids. He is not only a successful tech entrepreneur, but also is working with Google’s AI and Cloud forum and is a Google, Bing, and Hubspot certified professional. Wikia’s Young Entrepreneurs Under 20 list of 2017 ranked him at 4th place. Apex Infosys India is primarily involved in AI, ML, and IoT Sector that provides Digital Solutions. At 14, he developed “Technology Quiz”, an app to help kids learn about science and technology.

During his school years, Advait developed an app named “Autism Awareness” for Google Assistant which allows people to learn about autism, other similar disorders, and their symptoms. He has been recognized as ‘Top 10 Young Entrepreneurs in India 2018’ as well as ‘Most Influential Google Marketing Professional of 2019’. Today, it is easier for a student to go on paths like these through Mentorship programs, Leadership workshops, Summer Schools, and Entrepreneurship Workshops in India which provide you with the right knowledge in a wholesome interactive learning environment.

4. Sreelakshmi Suresh

At around the age of 10, Sreelakshmi Suresh, the youngest web designer and CEO in the world received various accolades in setting up “eDesign,” a company providing SEO, web design, and other Web-related services. She has created more than 100 websites for renowned organizations and institutions. These young minds have written wonderful and powerful entrepreneurial tales. With this, she has broadened her horizon, demonstrated good deeds, and earned respect, applause, and worldwide recognition for herself, thereby laying a foundation for many aspiring student entrepreneurs in India. 

5. Trishneet Arora

In 2013 at the age of 19, Trishneet Arora became one of the youngest “ethical hackers” in the world and started his company “TAC security”. The India-based organization evaluates and checks for organizational vulnerability in order to provide protection to corporations against network vulnerabilities and data theft. His clients include Reliance Industries, Punjab Police (India), Gujarat Police, and the Central Bureau of Investigation. Arora was also one of GQ Magazine’s 50 Most Impressive Young Indians.

Luckily, for the rest of us, it’s not too late. Organizations like The Big Red group provide Ivy league counseling as well as several entrepreneur workshops in India like the Ivy Early Entrepreneur program which helps students in taking the first step towards their successful entrepreneurial journey and keeps them ahead of the rest of the crowd.

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blog Entrepreneurship | 3min Read

Young Student Entrepreneur’s Guide to a Successful Kick-Off!

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Young Student Entrepreneur’s Guide to a Successful Kick-Off!

Having worked for years with young, aspiring entrepreneurs, we have been able to gain enough insight into the specific needs of these astute minds. Here’s our customized guide on kickstarting your entrepreneurial career as a high school student!

1. Be Unbiased

Be accepting! Many of us have our hearts on this one job or area we want to take up in the future, but when you least expect it, things can change. Having a biased mindset can block potential opportunities for you that might be more fitting for you. It can gradually become something greater than you ever expected, regardless of whether they seem dull or fascinating at first.

2. Start Networking Today!

Start building connections now, it’s never too late to begin but it won’t hurt starting early! Network! If you inquire and attempt to build a relation, then people will support you genuinely. For any entrepreneur, networking is crucial. You never know what kind of questions and situations you might face in the future, and this early development of yours will allow you to receive the answers you’re in search of.

3. Know Your Assets

Innovators and businessmen are some of the finest people to learn from as they have a fascinating view of the world. However, You must bear in mind that a big number of your mentors, relatives, and older family members have seen success in the entrepreneurial sector and that you can draw inspiration from their abundance of talent and experience.

4. Get Involved At A Startup!

Why? Because It helps to improve what you learn while at the same time giving you the skills needed to create a successful start-up and live a business life. Drop every expectation at the door and get ready to learn and work hard. Reach out to people who could help you get involved and showcase this early drive within you.

5. Be Particular!

Be critical and picky when picking your high school internships and entrepreneur programs as it can save you years of confusion. Additionally, plan your day, when you complete your work and hang out with friends, and pick which you are going to do prioritize above all. Perhaps even be picky about the people you’re surrounded by. Pick the possibilities and the people that inspire you, encourage you, and share your drive.

6. Be Proactive And Ask Questions!

There are a million tasks in the start-up world that have to be completed. Consistently look for something you can do during the school year to enhance yourself. If there is something you don’t know, inquire. Ask a lot of questions and don’t shy away from pursuing answers! Get interested and curious.

7. Demonstrate Your Competencies

Show your competency and core skills in small tasks and you can find yourself easily in bigger positions with bigger responsibilities!

8. Get Yourself A Mentor

Find at least one mentor with whom you can celebrate your success ask for advice. Call on people with more experience, rather than trying to manage it all by yourself. It will bring you ahead of the curve. Not only can you learn an incredible amount from your personal mentor, but also feel comforted that you have someone knowledgeable who would help you in your academic/career pursuits.

9. Take Your Entrepreneurship Classes Earnestly!

The only way to apply what you learn in your classes immediately is to take the projects given to you in class, seriously. However, if you are at an even earlier stage and haven’t enrolled in any classes or programs yet, The Ivy Early Entrepreneurship workshop, by Big Red Education, could be the right one for you!

10. Be Consistent And Don’t Be Afraid Of Failure.

Be diligent in completing a mission regardless of how challenging it is or how little experience you have in it. This requires no fear of failure, since, in the entrepreneurial field, failure is inevitable. The loss can make you a better entrepreneur, first-hand. If your first venture is not successful, channel your disappointment and learn from your mistakes to turn your failure into an experience of value. This will prepare you better for more activities of the same sort!

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