“I would like to start my own business in the future.” Many people would have thought so at one time. However, most of them might face a common problem of “where to start?” The most efficient way to solve such problems is to get advice on how to start a business from actual successful entrepreneurs. In this article, we would like to introduce three of the most successful entrepreneurs in India.
The first entrepreneur, Aggarwal is the founder of Ola which competes against Uber in the Indian market. His business is successfully growing and Ola serves more than 1000 cities in India.
His career was started as a Research Intern position in Microsoft Research India and he worked there for two years. On the other hand, for his own business, he first started his own blog named Desitech in. The blog was about technology news, Indian startups, and events, and so on. Even a successful entrepreneur, like Aggarwal, started with a small step.
When he decided to live as an entrepreneur, Aggarwal took a huge risk and quit his good-paying job at Microsoft research. First, he started an online rental cab service. In the end, he re-branded this previous venture and founded Ola in Bengaluru with Ankit Bhati.
Aggarwal was saying that “Go out and start-up. It is the hardest thing to do. For me, it was very hard. When I started, my parents thought I was going to become a travel agent. It was very hard to convince them that I was not.”
The second entrepreneur, Bansal is the founder of Flipkart. This service is of the largest e-commerce companies in India.
He started his career at Sarnoff Corp, a research and development company. Also, he worked at Amazon for nine months as a software engineer after his first career. His co-founder, Sachin Bansal, also worked at Amazon. And both of them realized the e-commerce industry in India was not developed yet, at that time. Then, by utilizing their experience and knowledge in Amazon, they started Flipkart.
The business was started in a tiny apartment in Bangalore. Bansal began with selling books as a first step. Then, he has been expanding item categories until the service becomes one of the biggest e-commerce.
This is a great example of how to start a business. These founders could find two points, “what they can do” and “what the problem is”. One of the reasons for their success is because these two points connected very well. When people want to start a business, it is a good idea to start thinking about what they can do for a problem in a real life.
The third entrepreneur, Biyani is the founder of the Future Group and also the founder of retail businesses such as Big Bazaar and Pantaloon Retail.
Biyani started his career in his family business. His father, brothers, and two older cousins were doing fabric-trading business, which was called “Bansi Silk Mills”. He started making trousers in this business. While Biyani was working in this business, he kept observing customers, trend, and the way the company operates a business. This attitude is one of the reasons for his success. He was always diligent and was looking for a better way to run a business.
After he learned a lot in this industry, Biyani started this own company called “Manz wear Privately Limited”, and launched his own brand “WBB – white, brown and blue” a fabric for men’s trousers. Moreover, years later, he opened his first department store in Kolkata and was expanding the business more.
In the end, from 2001, his success continued with the opening of the departmental store series under the Big Bazaar brand. By 2009, there were over 100 Big Bazaar stores across the country.
From this episode, what we can say is an idea of how to start a business does not come up in several days. The idea comes from people’s experience and knowledge in an industry. So, if there is no idea of how to start a business, it is also good to re-focus on current jobs or to look back at what you have been doing in the job. There may be a hint of what to do and where to start.
Although this was only a brief introduction to five people, Xpert has a lot of information about entrepreneurs, and you can learn more from these professional entrepreneurs in each field. Learning from successful people is the fastest way to success. If you want to start a business but don’t know where to start, I recommend getting real information from successful entrepreneurs.