Entrepreneurship is a critical element in the growth of an economy. It is estimated that there are about 20 million entrepreneurs in the US. India ranked second in Total Entrepreneurship Activity (TEA) according to the Global Entrepreneurship Monitor Report for the year 2002. Subsequently, India slipped in TEA rankings. For its size, India has lower [...]

The word ‘workaholic’ combines the term ‘work’ and the suffix ‘-holic’. Though it is negative in connotation, sometimes it is used by people to highlight a person’s devotion to his job or profession. The term ‘workaholic’ is viewed in a negative sense when it leads to neglect of family and other relations. If a person [...]

By definition, entrepreneurship is the practice of starting a new business/venture or reviving an existing organization. Entrepreneurial actions vary depending on the nature of business. Entrepreneurs seek funding from venture capitalists and NGOs. Usually, such investors expect higher returns on their investments. The very reason they invested in the venture of a greenhorn is because [...]