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So many perspectives on entrepreneurship; some are positive and some not. People often feel entrepreneurship is tricky and difficult but if you are passionate about something, it’s worth the risk. So, if you are one of those enthusiastic people and want to know how to become an entrepreneur, this blog might help you!

Let’s learn about entrepreneurship and its major aspects:

Who is an entrepreneur?

What makes a great entrepreneur?

What does it take to start your own setup?

Everything entrepreneurship!

You must have heard the word ‘Entrepreneur’, basically referring to those who have started or are in-process to start their business.

However, this is just the definition. If you want to get through the journey of an entrepreneur, you need to understand the phases they go through.

A real explanation says, an entrepreneur is someone who develops a business model, and acquires human capital & manpower to start a new venture. He is the one who has the will to pursue his dreams and is responsible for his success or failure.

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In this era of experimentation and innovation, India is standing on the cusp of major transformations. This revolution can be described as Entrepreneurship in India.

According to Startup India, “India has the 3rd largest startup ecosystem in the world; expected to witness year over year growth of a consistent annual growth of 12–15%.”

Considering the statistics, in 2018, India had about 50,000 startups and 1300 new tech startups were born in the year 2019.

India has become the startup hub of the world. Multiple young enthusiasts are choosing the path of entrepreneurship and creating earning opportunities for their fellows. They play a major part in boosting the Indian economy and have changed the way the world used to look at our country.

From IT firms to the education and training industry, every sector has been witnessing a rise in entrepreneurship.

So why not the career counselling industry?

Career counselling startups have noticed a sudden rise in the past few years. That’s why investing in a career counselling business is very beneficial.

Step-1 Decide your Niche First:

Before diving into practicalities, the first and foremost step is deciding your niche & target audience. As a business owner, your niche and services should be clear and cater to your audience. It helps to identify your loyal customers, & competitors and conduct proper market research.

As a career counselling set-up, you can focus on:

You can cover them all or select a stream and guide people as an expert.

Step-2 Strategize your Business Plan:

Once you are ready with your niche, follow the next step of making a business plan.

Start by doing your market research. Find out what your peers are doing and what is going well for them. Expand your business potential by keeping prospects in mind. Thorough research of the competitors helps to devise a business plan.

Your business plan should define how to

Fix the price for the services you’ll be providing to be able to pay back the invested money.

Step-3 Validation, Licensing & Location:

To become a trustworthy career counselling service provider, get yourself solid validation from a reputed university or organization. Contact your region’s department and learn the rules and training requirements for setting up your career counselling organization.

Moving on, the location of your business set-up is a pivotal aspect. Your space should be a quiet and comfortable place where you can conduct vocational interviews and career placement tests. Build a well-equipped office with good communication facilities and lots of positive energy.

Step-4 Strategise your Services & Pricing: As mentioned above, you need to develop various techniques and services to help your clients. You could conduct training sessions for developing interviewing skills, speaking in public abilities, profile building, etc. You could also host workshops and develop books, e-books, etc as resources.

Strategise the pricing as per the services. For different assistance, the price range can vary.

Step-5 Create a Network:

Step-6 Market Your Set-Up: Your business shall yield no results unless it reaches out to the target consumer base. That’s why you need to promote your career counselling business set up at online and offline platforms.

Develop effective promotional strategies and marketing plans to reach out to your audiences.

Entrepreneurship is not new to India. There are countless companies constantly getting a place in the Fortune 500 companies. Believe it or not, Tata and Birla were once start-ups. So, just believe in yourself and start planning to set up your business.

Don’t believe us?

Read these encouraging success stories of visionary entrepreneurs, who started from scratch and now become stalwarts of the career counselling industry.

Dr. Swarup Dutta

Deepali Palande

Currently, India needs at least 1.5 million career counsellors to guide more than 300 million students. Therefore, it is the best time to join the career counselling industry and start your own business.

Setting up a business requires a lot of factors like a business licence, funding, etc. Getting the right help and guidance is important to be familiarized yourself with the industry standards.

To support your vision of setting up a business in the career counselling industry, Univariety created the “Super Counsellor” program. It is India’s first incubator for career counsellors which supports individuals who seek to set up their own career counselling business.

The Super Counsellor program offers several benefits to career counsellors like

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