What it takes to be a good entrepreneur

Giving tips to prospective managers on how to improve business and achieve success, Mr. Srinivas advised them to set a goal, prepare a plan, and take right decisions before launching an organisation.

July 25, 2012 01:59 pm | Updated 01:59 pm IST - VIJAYAWADA

Radha Madhav Toyota managing director M. Venkata Srinivas speaking at the programme organised by Gowtam Degree College in Vijayawada on Tuesday. Photo: By Arrangement

Radha Madhav Toyota managing director M. Venkata Srinivas speaking at the programme organised by Gowtam Degree College in Vijayawada on Tuesday. Photo: By Arrangement

Students should imbibe leadership qualities and maintain discipline for becoming good entrepreneur, said Radha Madhav Toyota managing director M. Venkata Srinivas.

He was speaking at a programme on ‘Academic and industry interaction’ organised by Gowtam Degree College for BBM students on Tuesday.

Giving tips to prospective managers on how to improve business and achieve success, Mr. Srinivas advised them to set a goal, prepare a plan, and take right decisions before launching an organisation.

Thrust area

Mr. Srinivas asked the students to read the success stories of great leaders and business tycoons in different fields. He said top priority should be accorded to employees’ welfare and customer satisfaction. Students should improve communication skills, sense of cooperation, consideration, creativity, accept challenges, and be courageous to become a good businessman, he said.

Stating that only 5-7 per cent of students were launching ventures after education, Mr. Srinivas said special courses should be offered right from college level to impart training to students on business techniques. The success rate among young entrepreneurs was increasing by the day. If the government extended more support to industries and created conducive atmosphere, more number of persons would launch industries in the State, he felt. Gowtam Degree College secretary and correspondent N. Chowdary Babu, principal B. Satyanarayana Reddy, BBM Head of Department Y. Sai Krishna, event organisers — Y. Ram Kiran and B. Nani Babu participated.

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