Tuesday, 19 April 2011

Making It On My Own

Just thought of writing a blog and was not sure of what to write. So finally thought of sharing my thoughts on the book that I read very recently "Making It On My Own".

The author of the book is Prashant Karhade who did his graduation from IIT and did his masters from the US. The book "Making It On My Own" provides the stories of 10 entrepreneurs. How these entrepreneurs became entrepreneurs, the problems they faced and their views on entrepreneurship.

The book is different from other books in the entrepreneurship area in terms of the entrepreneurs whom the book refers to. There are many books available on the entrepreneurs like Ambani, Tata, Birla etc. However, with this book, Prashant Karhade has come out with his own entrepreneurs who definitely are not in the league of Ambanis and Tatas but have interesting stories. All the entrepreneurs are different in terms of the business they do, the way they became or co-incidentally became an entrepreneur.

The author has ensured that all the entrepreneurs in the book are from different industries/sectors. As a result of this, the book provides some good insight in the variety of areas like IT project management, IT corporate training, stone crushing business, international education counseling, etc. The book also covers the story of a Doctor, a Civil Engineer and IIT graduates who became entrepreneurs after serving as an employee to some other organizations during the start of their career.

Each chapter starts with the background of the entrepreneur during his/her childhood days and then continues to unfold his/her life on how the person became an entrepreneur as what he/she is today. This is followed by the issues faced by the entrepreneur and his/her future plans to expand his venture. Each chapter ends with some sort of analysis or views of the author on the entrepreneur that he covered in the chapter. The author tries to highlight the unique or noteworthy points about the entrepreneur and his venture.

Some stories are really worth reading like the one about the 3 guys who started with a small workshop for their hobby and eventually setup businesses in diversified areas. Also, the story about the IT project management software organization is a good one. The incident of a potential client visit to the office and the simple sales/marketing points that were later induced in the organization are worth reading in this particular story. The other story that I found interesting was of the International education counseling organization. One of the fact of this female lead counseling organization is that it has all female employees.

The best of all for me was the story of the entrepreneur who quit his job at 50 and then started his business. This is a very inspiring story for the people who seek to be an entrepreneur at some stage of their life. It really shows that age is not a barrier for becoming an entrepreneur if one really wants to.

One may not enjoy reading all the stories in the book but I think the book is unique for its content and concept. I think it is worth reading this book whether or not you want to be become an entrepreneur.