Winning Entry

  • April 2020
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AFTERSCHO☻OL CENTRE FOR SOCIAL ENTREPRENEURSHIP – Let us Change the World – www.afterschoool.tk Join PGPSE along with CS after class 12 AFTERSCHO☺OL Sivakamu Veterinary Hospital Raod Bikaner -334001 India www.afterschoool.tk CONTACT : 00-91-9414430763

AFTERSCHO☺OL

2rd GLOBAL ‘SMALL ENTREPRENEUR SUCCESS STORY’ CASE STUDY CONTEST

JOINT - WINNING ENTRY BY: SAGARIKA MOHAPATRA KIIT INSTITUTE OF MANAGEMENT BHUBANESHWAR PUBLISHED FOR COMMON INTEREST BY:



AFTERSCHO OL centre for social entrepreneurship sivakamu veterinary hospital road Bikaner 334001 Rajasthan, India Contact Dr. T.K. Jain (91-9414430763) regarding starting AFTERSCHO☻OL centres in your college / institution / organisation. Promote social entrepreneurship, join PGPSE and become a social entrepreneur. Emial us : [email protected] PDF created with pdfFactory Pro trial version www.pdffactory.com

AFTERSCHO☻OL CENTRE FOR SOCIAL ENTREPRENEURSHIP – Let us Change the World – www.afterschoool.tk Join PGPSE along with CS after class 12

SUCCESS STORY OF SMALL ENTREPRENUER A crisscross of lines ,lets say a puzzle which is unsolved,which shows a direction , destination. which is full of difficulties ,hurdles, and problems. . Which is a a type of ladder where we have to walk with full patience .which becomes more haphazzard as we move further.ones we solve it then the “ball is in our court”. so now the question arises as what is this…………..? well it’s the platform and goal or the target line of a small entrepreneur ,small does not denote somebody is less than our TATAS and AMBANIS ,rather they are the support system of the world and the big multinationals. Now who is a entrepreneur ? Well ,they are the pragmatic persons with high positive and far sightedness vision with have positive forces with illuminating aura in them which drives them to go and reach the direction and to struggle with the negative forces which creates a problem in their path . But to be very true they are being criticized and demotivated by the jealous people of this world. They are our future billionaire if properly nourished and given a proper platform by government and economy. Well there are more than 10lakhs small scale entreprenuers in every nook and corner of this world .But to prove my point , I will just give the example of a real successful entrepreneur in a small town of JAMSHEDPUR (Jharkhand).its a story of a person who migrated from his rural land to the steel city(Jamshedpur)with a gaol.He reached Contact Dr. T.K. Jain (91-9414430763) regarding starting AFTERSCHO☻OL centres in your college / institution / organisation. Promote social entrepreneurship, join PGPSE and become a social entrepreneur. Emial us : [email protected] PDF created with pdfFactory Pro trial version www.pdffactory.com

AFTERSCHO☻OL CENTRE FOR SOCIAL ENTREPRENEURSHIP – Let us Change the World – www.afterschoool.tk Join PGPSE along with CS after class 12

this place ,with only Rs 10,000 with him,out of which 6000 was taken from a moneylender from his village which was to be repaid with interest of 15% after 2 years .He spend his early days and nights in railway stations and bus stops .one day he was just walking on a road called as Sakchi, where some reconstruction of a small store was going on .where he thought to make some effort .He went and offered some help for only Rs 20 per day (morning to evening). Luckily because of the low price charged by him he was a given a chance and he decorated and cutted the shelves and painted the whole store with his extremely incredible way .which was really unbelievable,as it was very convenient for placing each item and each item was clearly visible from the gate of the store and there was more space for items which reduced the cost maintenance and placement and and provided a proper store atmosphere to attract customers .He was highly impressed and gave the order for some more reconstruction work in some other areas for opening up of stores ,within a duration of 6 months he became a highly demanded labour by each shopkeeper as he charged less price than any other worker .His positive attitude made him work as a worker for a building construction business. One day there was a dispute between the builder and its board of directors In a meeting .that is a round table conference.They had a quarrel in 3 issues: 1.There were 2 lands where from which they had to decide 0ne. Take as land x ,y. Contact Dr. T.K. Jain (91-9414430763) regarding starting AFTERSCHO☻OL centres in your college / institution / organisation. Promote social entrepreneurship, join PGPSE and become a social entrepreneur. Emial us : [email protected] PDF created with pdfFactory Pro trial version www.pdffactory.com

AFTERSCHO☻OL CENTRE FOR SOCIAL ENTREPRENEURSHIP – Let us Change the World – www.afterschoool.tk Join PGPSE along with CS after class 12

x-it was a well fertile land with high yield in food crops and it was located in a silent place .no pollution nothing. or y-It was in the middle of the city near by the road .with no proper yield in the past years. The builder was unable to take a decision on the selection of land . 2.Collection of resources from suppliers of raw material was another problem. there were again two options 1.A new supplier charging less price in comparision to others suppliers ,with no proper track records. or 2.A old trustworthy supplier ,who was known in the market for his loyalty and quality goods but charging price which was comparatively than others suppliers. There were also some financial and legal issues . As the worker saw the builder highly tensed ,he thought of giving some advice to him indirectly,what he did he just wrote in a piece of paper his perception and his viewpoints. A letter it was It was like this. Dear sir, I m a small worker of your factory just saw u tensed today morning of the negotiation things.just has few advice on those issues please consider them: 1.you should go for the land x as the land is fertile enough to hold the high building properly, as the soil is rich.Moreover it is located in a silent place,as generally people prefer to build Contact Dr. T.K. Jain (91-9414430763) regarding starting AFTERSCHO☻OL centres in your college / institution / organisation. Promote social entrepreneurship, join PGPSE and become a social entrepreneur. Emial us : [email protected] PDF created with pdfFactory Pro trial version www.pdffactory.com

AFTERSCHO☻OL CENTRE FOR SOCIAL ENTREPRENEURSHIP – Let us Change the World – www.afterschoool.tk Join PGPSE along with CS after class 12

houses for a stay after their retirement so they want it to be in a less crowded place. 2.You should go for the old supplier as he has proper reputation in the market and we have his past track records to crosscheck him with his details ,in case he break the terms of agreement we can sue him as we have correct knowledge of his place. Moreover with the new supplier there is always a risk of delay in supply,poor quality of cement and other raw material ,so it wont be cost effective. Yours faithfully, MUNNA PATEL This letter of his was highly appreciated by the builder there was even some more information given in a piece of paper. 1. India provides a wide array of assistance programmes to promote small industry development. They can perhaps be conveniently grouped under four headings as follows: - Assistance in expanding markets (including preference in purchasing by government; support in joint tendering for government purchase contracts; price preference; and reservation of certain product lines or industries for only small-scale manufacturers). - Supply of essential raw materials. - Provision (and subsidy on cost) of finance for investment and working capital. Contact Dr. T.K. Jain (91-9414430763) regarding starting AFTERSCHO☻OL centres in your college / institution / organisation. Promote social entrepreneurship, join PGPSE and become a social entrepreneur. Emial us : [email protected] PDF created with pdfFactory Pro trial version www.pdffactory.com

AFTERSCHO☻OL CENTRE FOR SOCIAL ENTREPRENEURSHIP – Let us Change the World – www.afterschoool.tk Join PGPSE along with CS after class 12

- Provision of technical assistance and other advisory services. Policy and implementation bodies along all these lines exist at national and state levels and sometimes also lower down. Many forms of assistance are given from the large variety of institutions but an attempt has been made to provide “one window” bassistance through District Industries Centres which directly provide all assistance or at least coordinate it. Assistance in expanding markets Reservation for small industries of certain items is a policy whereby the central government and many national organizations buy exclusively from the SSI sector in order to solve the market difficulties of the SSI units. As at the end of March 1984, 404 items were included in the list for exclusive SSI supply. Table 26 gives the list of forest-based products which fall into this group. In addition, there were 12 items to be preferentially procured from SSI units up to 75 percent and 25 items up to 50 percent of total requirements. Central government also offers 15 percent price preference to tenders by SSI; many states offer the same. Government has also recognised that since individual SSI units are scattered throughout the country and their Contact Dr. T.K. Jain (91-9414430763) regarding starting AFTERSCHO☻OL centres in your college / institution / organisation. Promote social entrepreneurship, join PGPSE and become a social entrepreneur. Emial us : [email protected] PDF created with pdfFactory Pro trial version www.pdffactory.com

AFTERSCHO☻OL CENTRE FOR SOCIAL ENTREPRENEURSHIP – Let us Change the World – www.afterschoool.tk Join PGPSE along with CS after class 12

resources are limited, they find it difficult to participate in government stores purchase programmes even if certain items are reserved for them to supply. It accordingly allows state SSI corporations to tender on behalf of the small-scale units. Government also reserves certain industries or product lines for exclusive manufacture by the small-scale sector provided that such articles/goods can be produced economically by small enterprises. The total number of items so reserved stood at 126 in 1968 but had reached 872 in 1984 A facility which mostly aims at expanding small industry markets but also helps in promoting their technological improvement is “ancillarisation”. Under this scheme, a small industry is deliberately created to be or is transformed into being an ancillary of a larger industry on a formal sub-contract basis. The incentives for the large industry include access to cheaper loans,.

All this information had really helped the builder to increase his source and take advantage of the different information given by the government and economy..He trused MUNNA and followed his paths which really helped his business to grow In terms of high increase in Contact Dr. T.K. Jain (91-9414430763) regarding starting AFTERSCHO☻OL centres in your college / institution / organisation. Promote social entrepreneurship, join PGPSE and become a social entrepreneur. Emial us : [email protected] PDF created with pdfFactory Pro trial version www.pdffactory.com

AFTERSCHO☻OL CENTRE FOR SOCIAL ENTREPRENEURSHIP – Let us Change the World – www.afterschoool.tk Join PGPSE along with CS after class 12

order of bookings .the builder was so very impressed that he called MUNNA one day and gave his o proposal it was a parternship of 49% in that construction business which was to be constructed in a distance which was 4 km from mango .he was overwhelmed and accepted the proposal and he achieved his victory by following the success mantra of “start small plan big and be Indian and think international”. So I this way he has achieved his goal and still trying to inprove in every field so as to gain more market share with his honest and innovative tactics.fulfilling his mission was not only because of ideas and dreams but also a lot of hard work ,realistic planning guided by spell out policy direction. In 1995 ,the government enunciated its industrial (TARGET2000) which set the tone for adopting a new approach to industrialization development In the liberalized economy .one of the objective of this industrial policy has been to promote the growth of small scale and cottage industries to help small entrepreneurs. But there are problems like lack of acess to credit ,marketing problems, complying with cumbersome procedures ,harassment by inspecting ,governmental rules ,technological obsolescence ,rigid labour laws impending operational flexibility etc ,as they are innumerable. Contact Dr. T.K. Jain (91-9414430763) regarding starting AFTERSCHO☻OL centres in your college / institution / organisation. Promote social entrepreneurship, join PGPSE and become a social entrepreneur. Emial us : [email protected] PDF created with pdfFactory Pro trial version www.pdffactory.com

AFTERSCHO☻OL CENTRE FOR SOCIAL ENTREPRENEURSHIP – Let us Change the World – www.afterschoool.tk Join PGPSE along with CS after class 12

But people like Munna Patel who can overcome all this hurdles do achieve success and their goal.

Contact Dr. T.K. Jain (91-9414430763) regarding starting AFTERSCHO☻OL centres in your college / institution / organisation. Promote social entrepreneurship, join PGPSE and become a social entrepreneur. Emial us : [email protected] PDF created with pdfFactory Pro trial version www.pdffactory.com

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