Interview - Mr.Ankur Prakash, Managing Director, NUN
Contributed by Harshit Thakkar, Knowledge Buddy
NUN – a fashionable start up, for the women of tomorrow, is a lifestyle for every girl who believes in herself. At NUN, true to the season, be it a sunny summer or vacation time, from vibrant dresses to edgy bags, from innovative lamps to unconventional candles. NUN has something for every girl for her every mood for her every demand. Merchandise so close to her different phases of life, the NUN store isn't simply a place where a girl feels at home, it's a space that she wants to call her own.
How NUN started
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What Determines Entrepreneurial Success?
Abstract:
We investigated what determines entrepreneurial success by studying the characteristics of rural kiosk operators in India, specifically kiosks run by Drishtee. We constructed a questionnaire to collect data on various psychological factors from existing kiosk operators in two states: Assam and Uttar Pradesh (UP). We related these factors and questions to performance measured by log sales of the kiosk. A significant degree of performance variation can be explained by psychological characteristics, in particular, self efficacy, achievement motivation and average psychological aptitude for entrepreneurs in Assam.
However, performance variation of UP’s entrepreneurs is explained by age and prior experience in borrowing in addition to the psychological characteristic of achievement motivation. We identify specific questions as well and find that performance is significantly related to the questions relating to self efficacy and locus of control for both states. Finally, we employ these findings to build a model for the selection strategy of rural entrepreneurs.
New Ventures’ influence on the Growth of SME Employment, Production and Exports in India: Does Institutional Credit matter?
New ventures are considered to be a major source of small firm growth. In Indian context the contribution of new ventures in terms of new employment, production and exports has largely remained unexplored. It is equally important and unexplored, the significance of the contribution of bank credit to the growth of new ventures in India. This paper is an attempt to throw light on these two aspects.
