Bangalore: If one dives deep into the history of India it can be found that entrepreneurship existed in here since a very long time. In India, entrepreneurship is passively spread everywhere though it does not look like what it is. The fear of taking a business risk is seen in every family and this is probably one of the reasons why we still call the nation a ‘developing country’. A recent study by Gallup stated that of 20 economic entities in Asia, India ranked in the base quartile on several significant indicators of a well-functioning entrepreneurial ecosystem. So let’s understand the reason that holds India at the bottom of the pyramid which is in fact the biggest problem the country is facing in terms of entrepreneurship, as reported by Daniela Yu and Yamini Tandon for gallup.com.

5 Trends Indian Entrepreneurs Will See in 2013

India has abundance of entrepreneurial talent

According to Gallup, “An entrepreneur is an individual who proactively seeks to generate value through expansion of economic activity and who creatively responds to challenges and needs encountered in the process of accomplishing this outcome”. India as a country is rich in terms of creative youth who are willing to take up entrepreneurship as a profession with pride but not every individual is armed with training and reinforcement.

Entrepreneurs Learn How to Push Your Startup to the Next Phase