And today they are Big Businesses. There are some Businesses that started out small, as an idea of one or several individuals with little or no experience and most importantly with little or no Money.
The following 2 Examples are of Ventures that have started small & gone Big.
These people have created not only so much wealth but they have also created their own Brand & have never looked back.
Example –1 Logix Microsystems -
Started with just a small seed capital of Rs.10,000, Logix Microsystems is today worth a whooping Rs. 60 Crores.
Sanjay Soni, MD Logix Microsystems Ltd & Founder of www.carazoo.com says,
“ I worked for a couple of years for a small company in Mumbai in the Computer Science depratment and then set up a small firm in 1993. We are into the software products business. This was started with an initial investment of Rs. 10,000 and the funds came from savings in salaries earned until then.”
During the start-up phase they faced so much trouble for raising funds from banks & financial institutions. Their journey was not at all easy. All hat drive them through the initial tough period was their PASSION & desire to be Big.
Banks will only give you money when you prove that you did not need any money, strangely.
Example – 2 Kent RO Systems Limited
Mahesh Gupta, Chairman of Kent RO Systems Ltd. had started his company from scratch with a seed capital of Rs.20,000 and by financial year 2008-09, the turnover was over Rs.100 Crores….
He started his career in the technical services domain in 1978 with Indian Oil. After that in 1988, he started his new enterprise in oil conservation and manufacturing oil flow meter.
After that Jaundice gripped his children in 1998 and impure water was its cause. Later he made several trials till he made his own water purifier. As a result of this, after adequate research, the company was born in 1998.
Starting with oil testing equipments, the company subsequently diversified into water purifiers.
The initial funding was from savings and after that, profit was re-invested in the Business.
So these are some great Entrepreneurial stories that became success. It is the PASSION & Desire to become Big which drives any entrepreneur through the initial tough phase of any Business….!!!!
