How to start a business in India
How to start a business in India It is always the right time to start a business and right now our Prime minister Shri Narendra Modi is promoting and encouraging youth to start a business/entrepreneurship. Type of entrepreneurship? 1)SME (Small and medium enterprises) SME is a revenue first entrepreneurship When you start a business by putting a factory or a manufacturing unit you don't consider. Funding, venture capital, and many other steps that you think when you work in an IDE model. 2) IDE (Innovation-driven entrepreneurship) In this type of entrepreneurship, a lot of money is burned initially and there is nothing wrong with it as they are entering a new business model and disrupting the market by introducing new products. Example- Elon Musk, co-founder of Tesla introduced a self-driving electric car and disrupted the market. He needed money so, he took the loan from the US government as it were the money of the taxpayer so he repaired the loan along with the interest. A l