Thursday, 6 August 2020

Establishing a compelling vision

Updated: December 16, 2016 11:53 am

The world has changed dramatically in the last six decades that one has witnessed. Most of the changes have been brought about by technological innovations and entrepreneurs who have put them to good use. Millions of people have been lifted out of poverty. The power of innovation and entrepreneurship continues to multiply in the connected world we live in.

However, the difference between those who benefit from this new economy and those who get left behind continues to widen. While there is a lot of conversation about a ‘shared economy’, there is no obvious solution in sight. In some ways entrepreneurship is what is creating this divide. However, the writer thinks entrepreneurship can also fix this problem. Against this backdrop, this book is a refreshing take on the themes of entrepreneurship and impact. Every article highlights a value, principle, mindset or an approach at the foundational level rather than providing a popular tip or a technique.

In one chapter, the book says whether it is impoverished pockets in affluent economies or disadvantaged regions in developing countries, the typical approach to addressing the economic divide is by tired approaches that provide handouts, assistance and aid. While these solutions might address the issues in the short term, they seldom stick as there is little local ownership or capacity to absorb them. The writer believes that encouraging an entrepreneurial mindset at the grassroots level will better accelerate change and create positive local impact that will eventually lift communities. A clear path to entrepreneurship helps strengthen local ecosystems by providing a hand up to people to fulfil their dreams instead of a handout to continue a basic subsistence.

ON ENTREPRENEURSHIP AND IMPACT

Desh Deshpande

Prolibris

Price : `299     

Pages : 105

The book emphasises while we need high tech, fast growth entrepreneurial companies at the high end, we also need to provide people in other segments of society a means to craft their own future through entrepreneurial action. This can only be done by creating a strong ecosystem  that highlights local entrepreneurship, identifies and encourages entrepreneurs and build local economic  capacity. Regardless of the type of entrepreneur, whether a high tech one or at the grassroots level, the challenges and the questions one has to face are similar. This book is targeted at both types. It is an attempt to answer some of the questions that entrepreneurs face.

According to this book, entrepreneurs share two common attributes: they are naive and very optimistic. They see every challenge as an opportunity and they believe that tomorrow is always going to be better than today. Nothing can beat living this optimistic life, always hopeful of a better tomorrow. The writer’s hope is that millions of optimistic entrepreneurs will take charge of the problems facing their communities, creating a vibrant and more just world where everyone is excited about the future.  In a nutshell, in this book, the writer generously shares his practical insights that will create a lasting impact on the thinking of those that are aiming to create a lasting impact.

by Nilabh Krishna

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