A good head for business

A good head for business

While there’s a lot to be said about the stability of a nine-to-five job, there are still plenty of Delhiites who prefer to take the proverbial plunge, and try their luck in the somewhat uncertain world of business.

This decision can prove to be quite a gamble, and involves putting a lot on the line — time, hopes and most importantly, capital. But for some, the rewards are worth far more than anything they ever risked. Metrolife catches up with a few of these young entrepreneurs to find out more about their journey.

No business can get moving without capital, which is why a lot of entrepreneurs end up saving for years before they can actually set up anything of their own. Shiju Krishnan, who opened a restaurant recently, worked as a business analyst for about five years before deciding to chuck his job for something more exciting. Not once did he feel that the odds were stacked against him. “I wanted to do something useful, not just sit in front of a computer all day. So I started the restaurant,” he explains.

It wasn’t as easy as that, though. “I had saved up some money, and then borrowed more later. There was a lot of struggle involved,” recalls Shiju and adds, “But at the end of the day, I feel like I’m achieving something. This experience is also increasing my capability every moment,” he says.

Saarus Nirhali, once a lawyer, also decided to take the entrepreneurial plunge. She converted a hobby — glass craft — into a flourishing business. “I took a course in glass craft, and then had a few exhibitions. It seemed to take off well, so three years back I started my own shop, called Glasshopper,” she says. Giving up a steady job for this passion was risky, she admits, but worth it.

“The problem is that working with glass is very expensive. But I specialise in smaller, decorative objects, like butterflies and wind chimes, which are uncommon,” explains Saarus. Ask her what it takes to be a successful entrepreneur, and she’s quick to reply, “Financial support is important. However, your skills also have to be strong, and you have to take up something which isn’t common.”

Setting up a business from scratch can prove to be challenging, which is why others make a conscious decision to take over an already established enterprise. Vipul, a graduate, followed this formula — when one of his friends was looking to sell a food stall, Vipul bought it and revamped the entire eatery. “I bought the business right after I graduated. I took a small loan from my parents, and then gradually paid them back,” he says.

He doesn’t appear to have ever regretted this decision. “My entire family is in business, so it’s in my blood,” he laughs and adds, “I have helped my father with his business so I know the tricks of the trade. I can handle risks.”