Indian start ups are mushrooming in every corner of our nation as entrepreneurial spirit. And start ups in our nation are really doing well and many have got funding from venture capitalists as well.

Another best part of the startup revolution is that they are also boosting employment opportunities in India.

But many feel that working in startup is not good for their career and there is no job security as well. But we cannot ignore the fact how these innovative start ups are doing well.

Let’s have a look at some best and top start ups that are ruling the roost in corporate scene:

    1. Flipkart

The top spot is undoubtedly grabbed by Flipkart. It was founded by Bansal brothers (Sachin and Binny) is now riding high on success. Right now it is one of the trusted and reliable shopping sites and slowly it may become the biggest e commerce giant. Many professionals are aspiring to join this start up as it is very renowned brand and also it is known for employee friendly policies.

The post These Top 5 Indian Start Ups Are So Great That Every Body Wants To Join appeared first on Youngisthan.in.

Start-ups are mushrooming in almost every market and best part for fresher is that they are hiring immensely.

For a person who has just entered a corporate world can either go for a medium to big firm or join a start-up. These both have their own set of benefits.

But if you want to work for an start up and confused whether you should join or not, then you can read on to know why one should join start up once clear the air of confusion.

It’s best for anyone to join at their start of their career as slowly and steadily can you bolster to great level.

Read on to know why you should work in start up :

1. Here you get to learn quick, deep and wide.

In mere two months one can get hands on experience in almost everything. Start Up allows you to know almost all departments as employees are less and work is more. Also in any startup firm you are allowed to mistakes and grow. Entrepreneurs are great mentors who will guide. You will get the hang of everything as you are exposed wide spectrum of job roles.

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Ideas are born in our minds, every day!

It’s how, when and how we bring those ideas to surface, and what matters the most is, who has the will and conviction to bring them to the surface!

This is the story of one such guy who happens to be a 23 years old entrepreneur with a hefty tag of CEO to DataWallet to his name. Yes, I am talking about German-born Serafin Lion Engel, the founder of a pathbreaking digital idea called DataWallet!

No matter how less we are aware of it, but digital companies collect our data from various devices that we use for daily activities every day. Be it browsing the net, signing for newsletters, filling forms for ecommerce sites, or simply signing up for social media. Every bit of data is useful to people looking to build businesses out in the whole wide world.

Serafin, with the brilliant brain that he has, came with the idea to give the data control to the users, while very interestingly putting money back in their pockets too! And guess what, he got a billionaire to invest in his this brilliantly stimulating project.

The Idea

Serafin discovered the idea for his start-up after he dropped out of college to follow his entrepreneurial pursuits. He was lucky enough to catch the attention of billionaire Tim Draper, who asked him to get enrolled to Draper University, which is a popular business school for entrepreneurs, run by entrepreneurs. Serafin was awarded scholarship to attend this university. Some lad he is!

What Is So Different With The Draper University

Serafin, gives credit to Draper for many good reasons. The curriculum at Draper differed from that of a traditional learning institution. Students are taught how to be comfortable outside of their comfort zones and told to go big or go home. In college, students are expected to get everything right, but at Draper, students are rewarded points for failing dramatically. Can you imagine that? Don’t you think we need such schools in India too?

The crux of the matter is, that at Draper Universi are motivated to try out outrageous things and move out of their comfort zones. Which in self is a big lesson for life. And adapting this lesson in life, makes one strive to go as big as possible. Such schools work on changing the personalities, the minds, and the thought processes of the students, and not just the academic qualification status.

Serafin’s Course of Action That Lead Him To Success

Serafin was a regular college going student until he realised he was made for something different. He was pursuing his degree in business administration at the Rotterdam College of Management in the Netherlands, when he decided to take a deviation. He then set off to follow his entrepreneurial dreams at a very young age of less than 21.

On this he has a word of wisdom to share with his young counterparts from the entire world over. He says

“To be honest, I think a lot of people are seriously over-estimating the benefit of dropping out of college. I think you need to have a very, very clear case why you should; dropping out of college is no predetermined way to success. You need to have a very real contingent and super realistic opportunity. Unless you do, I would highly recommend not doing it.”

The Target and The Difficult Road To It

Serafin was quite confident that entrepreneurial road is for him to walk, but he was not having any map to it. Neither the skills, the required knowledge or any support system per se, which an inevitable part of many entrepreneurs. As Serafin puts it, he did not know the meaning of the word “entrepreneur” until he was 20. He sold strawberries on the road, which he plucked from his backyard garden. He did not know at that time that he was setting up a business. He was smart enough to know the reasons behind low sales, that the sign that he had put up is not legible to people, because he could not write properly. Entrepreneur was in him at the age of 4.

“I honestly did not know the term ‘entrepreneur’ until I was 20. It came to me intuitively. It started with small things. When I was 4, I started selling strawberries from the back of our yard on the street. I would get super upset when nobody would buy them, only to come figure out that no one could read the sign. I could not even write properly yet.

Today, as the DataWallet Founder and CEO reveals, he conceived this bigshot idea just five days before he enrolled for a program at Draper.

His girlfriend at that time was studying fashion and she and her friends were the epitome of trendsetters. They would always try to figure out what was trending amongst kids: what are they doing, what are they buying, what are they talking about. At the same time, those kids were constantly broke. I thought to myself, how could you potentially fix this? It occurred to him that all this consumption is in their data — whatever they talk about on Twitter, Facebook, Instagram, Amazon, etc. If brands could look at the data and see what they are talking about and what they are consuming and those kids could get paid for that type of insight.

And there was THE IDEA!

Serafin then pitched this big idea to a panel of 40 venture capitalists and won first place in the Pitch Day competition! That’s what you call a clean sweep!

Having The Billionaire Tim Draper As Project Investor

Serafin identifies with Draper as a very close mentor and guide. He gives him all the credit for his handy business advices, introductions in the business world. Serafin says, “Tim is one those guys who is really able to look ahead of the curve. I’m constantly surprised by how much he is able to say about the product; I’m trying to break it down for him and not go too far into the vision and he actually takes it further; he is truly incredible.” We need more such visionaries in our country too, who are able to identify the real talent and don’t think twice before invesing in them.

One of the reasons he ended up believing in Serafin and his project was because he failed with a startup before. Yet, he still remained at it and constantly tried to push and not give up. This is definitely one of the qualities that Tim saw and which garnered his interest further, in Serafin. He knew that the lad was able to go through the struggle.

This is where I think most young entrepreneurs start flaking when they see things falling apart.

Serafin reckons, that he had literally put all of my savings from the last 20 years into my company and paid every employee out of his pocket. It was an incredibly rough time and he believes that Tim saw that and also knew that that would help him to grow as a mature businessman.

What is DataWallet?

DataWallet is a huge and potential application platform that makes the owner of his own data, and its seller too. The data that we create online, automatically allows the companies to use it. Data is a huge market as individuals create roughly 5GB of data everyday from sites and apps like Facebook, Twitter, Amazon, Uber and Spotify.

In 2012, the Senate Committee on Commerce and Transportation estimated the global revenue of the data market to exceed $150 billion per year. Serafin and his team estimate that number to be around $340 billion per year in 2015. He explains that companies are already taking advantage of our data and selling it without us knowing who is sourcing the data, what they sell, who they sell it to and for what purpose. On top of that, we’re not getting paid for the data we generate.

The benefits of Serafins Datawallet

Serafin’s DataWallet app gives 100% of the payouts to the users against their data, as it does not keep any cut. The platform makes the process transparent and gives users control over monetizing an asset they already own. The data will also help companies create, build and tailor products around the needs of the people.

Competitors that DataWallet is up against are established multi-billion-dollar data companies that include Axiom, Epsilon and Equifax. Whereas DataWallet’s edge and its primary emphasis is on the users’ experience. While other companies focus on business to business cross-sharing data, DataWallet puts users first and that is what makes it an instant hit.

Serafin also adds on to the uses when he says that the company is determined to bring in more incentives and payoffs for most active users, something like a travel trip, the DataWallet lifestyle — going to Miami and riding water Jetpacks, going on a safari or going on a helicopter tour over Miami. We will have a really awesome trip planned so they will really know what the DataWallet experience is all about.

The Journey and The looking Back

Even with such incredible resources and support from billionaire Tim Draper, Draper University’s founder, Serafin did not realize his success until he experienced failures and defeats.

It takes a lot of courage and will to look at the learning aspect of failures and make good use of it. One has to maintain a positive approach and a “no failure is a failure if it gets you learning” attitude!

Serafin’s word for all the young and roaring entrepreneurs out there “Without a doubt, you need to be a little bit delusional. All entrepreneurs are a bit delusional; it is the premise for founding a company when all the odds are stacked against you big time.”

So, here’s the story of success for you, of a 23 year old young business mogul, who runs a profitable company today.

Inspired?

The post A 23 Old Got A Billionaire To Invest In His Project DataWallet! appeared first on Youngisthan.in.

Welcome to the land of opportunities, our very own India!

One of the fastest developing countries, India is a changed story today.

Still the question remains, for the youth especially, what do you want to do?

Do you wish to remain in the country for better option for a job or growth or do you wish to go abroad?

There was this era in 1960’s and 70’s when everyone who could afford a foreign education or was able to travel abroad for employment opportunities, did so! The term ‘brain-drain’ was popularized in 1990’s and represented the talent of the country choosing America or Europe for better career growth. These highly talented individuals after studying in the finest colleges of India like IITs and IIMs use to choose a company based outside India for more money, the freedom to work as per their terms and of course, a better quality of life.

However, things are no longer the same.

After more than 20 years of liberalization that started in 1991, India has reached a stage where an individual can make a difference in not only his life, but in the country’s growth too. One may argue that the quality of life is still not comparable to the life in the USA or Europe, but we are reaching there, at our own pace, on our own terms. Now is the time when one has all the possible opportunities to show his talent, use his brain to do something path-breaking and make as much money as his counterpart in any part of the developed world!

The economy of America might be massively huge, but it is in a saturation mode. Europe is not growing as fast as it is supposed to and is heavily dependent on exports to countries like India and China for their survival. China’s growth has slowed down and recent developments in its market showcase deep-rooted troubles that will hamper its further development.

India on the other hand is full of opportunities. Our inadequate infrastructure requires trillions of dollars and huge manpower investment that is now gaining interest both from the government as well as the private sector. The current government is focusing on Make in India that will soon give a huge boost to the manufacturing sector. Majority of Indians still don’t have access to basic amenities of life and the process of providing the same to every citizen involves innovative solutions and out of the box thinking. The best part is that you’re paid handsome amounts if you’re able to provide such solutions! After the population saturation in the western world, everyone is looking at a young emerging India who wants to rise up the ladder of success and prosperity. With a healthy democracy and potential boom in the market, India is well-poised for a double digit growth.

In case you have got the right education and right skill sets, India will prove to be a place to fulfil your dreams, while being around your near and dear ones and living in the comforts of your own home. That’s the reason there is a new term coined for this decade: reverse brain-drain! This means more and more highly educated and talented people who had gone abroad for greener pastures are now returning to work in new start-ups or open their own ventures. The possibilities are huge!

You want to toil hard in your own country and make a difference while becoming excessively rich or you want to work as a second class citizen in a first world country just for a bit of few extra bucks?

The decision is yours! Make it sensibly!

Good luck!

The post Is India A Better Option For A Job Or You Want To Go Abroad? appeared first on Youngisthan.in.

The society has always criticized and looked down with contempt upon people who have not fulfilled the social norms in some way or the other.

These people have been judged for not being smart enough, not having good talents yet having big dreams and the like but they have proved their mettle in innumerable ways.

This video gives an insight into what the people around Thomas Edison, Michael Jordan and Walt Disney, etc. had said about them and how they proved those people wrong.

While Edison was termed as too stupid to understand the class lectures, he was the one responsible for throwing light on the principles of electricity. Similarly, with some other great personalities, society has always misjudged and set certain criteria for some people which has over time proved that where there is a will, there is a way.

Nothing said or made to believe by the society and the people around you can be true if you have the true will to fulfill your dreams. The video talks about people who have not only achieved a lot by their own will and desire and done something of their own and for their own selves, but have also carved a niche for those who wish to start something of their own, instead of being commanded by others!

The video gives the example of Abraham Lincoln who failed in business twice, but is still known to have made his mark in world history. If you wish to start your own start-up, nothing better than getting motivated by such great minds!

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