Kerala has been seeing the entrepreneurship bandwagon go long and high over the past couple of years. With setup of Incubation Centres like Startup Village and support in setting up of other similar structures in Universities and Colleges, the hype related to Entrepreneurship is at an all time high.
Hence, it was clearly expected that the recent Kerala Budget 2015-16 would definitely include clauses focusing on the promotion of entrepreneurship. And as the Budget Presentation was full of drama, the budget itself didn’t disappoint in terms of being dramatic.
A total amount of more than Rs 150 Crores has been allotted for Entrepreneurship related development activities.Continue reading
There was a saying once in Kerala – You throw a stone and 90% of the time it’ll hit an engineer. Fast forward to today and you hear a modified version of the same – You throw a stone and 90% of the time it’ll hit a startup entrepreneur.
Kerala has seen a huge boost in the number of startups being formed and the number of entrepreneurs taking reins of their self-made career. While it is definitely a positive sign, the increased frequency of students turning to entrepreneurs is alarming. So much so that, the extra sweetness is rotting the teeth.
Here is what I mean.
When me and most of my entrepreneur friends started off with our respective startups, entrepreneurship was seen as voodoo and a career choice for people who “couldn’t secure another job”. Not to blow our own horn, but it did require balls of steel and nerves of iron to go ahead with the decision. While some of us were written off as failures by the extended family, some others like myself were thrown out of home for “being a rebel“. And even few others had to break-up with their girlfriends because they didn’t have a “secure future”.
From there, came a time mainly around 2012-2013, where entrepreneurship started getting the respect it deserved and entrepreneurs were no longer looked upon with as much contempt as compared to the years before – thanks to initiatives likes the Startup Village and other policies by the State Government. People started accepting the “heroism” associated with entrepreneurship and it became the new hype.Continue reading