7 Problems Faced by India's Middle Class Entrepreneurs
6. Academic systems are built for jobs
Students at schools and colleges are given rigorous training to develop their skills to adopt the corporate environment, in fact there were no institutions in the country that focused in developing entrepreneurial skills. Entrepreneurship is considered to be a taboo and it is now that the government is realizing the importance of entrepreneurship by promoting it in academics and through various programs.
12 Surprising Characteristics that Define an Entrepreneur
5. Not a respectable job
Yes! In India entrepreneurship is something that people do post retirement. If a teenager wishes to become a startup entrepreneur he is considered to be a black sheep. Parents and caretakers find it difficult to answer the social circle about their kids’ entrepreneurial passion. “He is up to something and we don’t know” is the general answer given by parents of startup entrepreneurs in India.
4. Mindsets of the people
Sometimes it is easy to convince the family members about an idea or a plan but people in the society disown entrepreneurs as they think people who have relentlessly failed think about starting a company. Society and social circles have a huge impact on entrepreneurship, though people say that failures are the stepping stone, Indian community doesn’t encourage a person who has failed in a venture.
