Entrepreneurship involves designing of business idea followed by launching and running a new business. Typically, it begins as a small business, such as a startup company. The business can involve offering a product, process or service for sale. The owners of such a venture are referred as ‘entrepreneurs’. Given the pace of development in the country, positive political environment and the myriad of opportunities; draw of youth to entrepreneurship has become rather magnetic. Life of an entrepreneur is extremely challenging. One needs to be hard-working, persistent, networked, smart, creative, willing to take risks and extremely good at managing relations.
There are no specific educational requirements for becoming an entrepreneur but strong educational background and work experience makes the probability of success slightly higher. While successful entrepreneurs are generally well trained & qualified in their field; specific education qualifications can vary.