|Posted by Praveen on August 31, 2014 at 6:25 AM||comments (0)|
Indians have become entrepreneurs by tutoring students in the USA through “outsourcing” which becomes gradually very difficult to stop now. In US, a private tutor charges $40-$50 per hour while Krishnan Ganesh, founder of TutorVista.com, charges $100 a month!
No one ever had a clue that a company- started from a simple Garage in Bangalore- April’06 with just 5 employees and 25 tutors will become global! Since then, this company has grown to touch 5000+ employees and reaches out to over 50,000 students across the world. The world is his market and the sky is the limit.
It works like this- In the dark of the night and wee hours of the morning while most of the Indian’s are sleeping, Ganesh and his teachers are spread across 1000+ locations in India- hooked on to their headphones, connected to their PCs and broadband, tutoring school and college students- 90% of whom are based out of US.
Ideas are aplenty! It is the execution of the idea which makes on successful. Ganesh has worked with several IT companies before he was struck with this idea. Having completed his MBA from IIM-Kolkata and Masters from University of Delhi, he was always on the lookout for something of his own. Now, he a renowned visiting faculty to several reputed institutes all over India. His connectivity with the academic world gives him the good faculty needed for the growth all over the world. He has been on NBC, ABC and BBC!
In his words, what makes a successful entrepreneur?
• He / she should have the passion for an idea. Unless you are passionate, you are not going to do it again.
• One needs to be stupid enough to believe that against all odds, the idea will work.
• One is not satisfied with what he/she has done in the past and has a deep desire to keep creating something new.
• One has the ability to erase the past and start from scratch