START UP &SCALE UP BUSINESS

Ludhiana is city of Start ups Why? Do not work for MNC, Build a MNC Be Your own Boss Enjoy Status of businessman

START UP &SCALE UP BUSINESS

Stories of successful CompaniesNew Swan was able to get entry as supplier in Major vehicle manufacture because developed products which were being used by Japanese manufacture, in year 1985Many Japanese companies started producing in India and new swan was successful Moral- Keep Updated , look for opportunities actively

When winds of change blows some people build walls and others build windmills

START UP CHALLENGES AND OPPORTUNITIES Challanges Weak brand No customer base Lack of Funds No Management Experience Govt. Regulations IPR Issues Office, Factory Space

Support announced by govt. of India

No income tax for 3 years Equity Fund established for easy

Finance Easy clearances assured Fee on patent Salesed

TIPS Set Goal from First day and Keep reviewing Plan to build a business not a product Strong Team Strong Strategy Strong Product & service Firm business plan Analysis in Depth Use the lean Techniques Think Intellectual property Before Beginning Plan Dealing volatility Clusters

Sound strategy starts with having the right goal.

Michael Porter

DIG DEEP

Before you start some work, always ask yourself three questions - Why am I doing it, What the results might be and Will I be successful. Only when you think deeply and find satisfactory answers to these questions, go ahead.

Chanakya

BUILD YOUR BRAND There are ups and downs in professional carrier maintain your

personal brandBranding demands commitment; commitment to continual re-invention; striking chords with people to stir their emotions; and commitment to imagination. It is easy to be cynical about such things, much harder to be successful.” – Sir Richard Branson, CEO Virgin

Commitment, honesty, commit less deliver more,

BUSINESS MODEL

OPPORTUNITIES 39000 MSME units in Ludhiana,2.3 lacs in Punjab Software suitable for MSME, Small traders, Turnkey

Computerisation Premium crops Value addition in Agriculture Services -Sourcing, Analytic companies E marketing Agro & Industrial Follow recently developed & growing counties

Never Forget Survival of the fittest

Thanks