Entrepreneurs are those who run a small business by themselves. They are the one who creates innovative ideas, organizes, manages and assumes the risk and brings positive changes in an organization. Entrepreneurs create their own rules and make their own decisions that benefit the company.
Entrepreneurship is those qualities that have the potential and ability to develop and revolve any ideas or decisions into action, along with good efforts to organize and manage business venture with any of its risk in order to make profit. Entrepreneurship rises when a new business establishes.
Leadership is the
characteristics of a person who leads a group of people, establishes a goal and
shares it with others and works continuously to reach that common goal. The
ability to influence a group towards the achievement of goal is known as
leadership and those who leads a group with leadership characteristics is known
as a leader. Leaders adapt to new environments or situations where they make
creative, fast and good decisions even in tough situations. Thus, leadership is
a process of unifying a group of individuals who are willing to achieve a general
goal.
Nepal's first billionaire, Mr. Binod Chaudhary
In a poor country like Nepal with few natural resources,
poor infrastructure, and constitutional instability, someone came up and
managed to make money from this little country and now has been listed in the Forbes
2013 listing of top billionaires around the world. He is none other than the
bold and courageous Mr. Binod Chaudhary who saw things differently in small
country like Nepal.
Mr. Binod Chaudhary's journey has been a long, rough and
tough journey. His grandfather who was from Rajasthan visited Kathmandu for
trekking in the late 90's managed to settle down and open a small textile
store. Later, Chaudhary's father Lunkaran Das converted that into Arun Emporium
which was Nepal's first department store. Chaudhary's at the age of 18 took the courage to join his
father's business. His father had started a business in a small way, when he joined
the business it was still a modest size with only 400 employees.
As there is a saying "try try until you die". Chaudhary
with his hard work, courage, and his luck today is known as the 1st
billionaire of Nepal with various companies employing more than 7700 employees.In a recent interview he was asked, what it feels to be a billionaire.
"Your sense of responsibility and moral obligation multiplies manifold,
and particularly more if you hail from a poor nation. You become much more
visible – people look up and up to you." says Mr. Binod Chaudhary.His aim is to create pool of businesses which will touch
social issues and convert the youth into entrepreneurs. His business expansion
outside Nepal and strategic partnership in various international companies has
made him what he is today.
"Our dream is to establish a global empire of Wai Wai .
I have confidence that we can achieve it." Chaudhary stated in his recent
book Atmakatha.
Binod Chaudhary is the founder of famous noodle brand Wai
Wai which has spread over 35 countries in the world. Wai Wai is the largest
selling noodle brand in Nepal and second largest in India with 16% market
share.Hope we can see new entrepreneurs with such courage, hard
work and brilliance in our near future. I thank Mr. Binod Chaudhary for
changing the perception of Nepal in the world's eye.
References:
ekantipur.com. 2013. ekantipur. [ONLINE] Available at: http://www.ekantipur.com/2013/02/03/business/a-candid-tale-of-an-ambitious-entrepreneur/366532.html. [Accessed 12 October 13]
Forbes.com. 2013. binod chaudhary is Nepal's first billionaire. [ONLINE] Available at: http://www.forbes.com/sites/naazneenkarmali/2013/03/05/binod-chaudhary-is-nepals-first-billionaire/. [Accessed 12 October 13].
the daily star.net. 2013. hard work, courage and luck. [ONLINE] Available at: http://www.thedailystar.net/beta2/news/hard-work-courage-and-luck/. [Accessed 12 October 13].
Entrepreneurs are those who run a small business by themselves. They are the one who creates innovative ideas, organizes, manages and assumes the risk and brings positive changes in an organization. Entrepreneurs create their own rules and make their own decisions that benefit the company.
Entrepreneurship is those qualities that have the potential and ability to develop and revolve any ideas or decisions into action, along with good efforts to organize and manage business venture with any of its risk in order to make profit. Entrepreneurship rises when a new business establishes.
Leadership is the
characteristics of a person who leads a group of people, establishes a goal and
shares it with others and works continuously to reach that common goal. The
ability to influence a group towards the achievement of goal is known as
leadership and those who leads a group with leadership characteristics is known
as a leader. Leaders adapt to new environments or situations where they make
creative, fast and good decisions even in tough situations. Thus, leadership is
a process of unifying a group of individuals who are willing to achieve a general
goal.
Nepal's first billionaire, Mr. Binod Chaudhary
In a poor country like Nepal with few natural resources, poor infrastructure, and constitutional instability, someone came up and managed to make money from this little country and now has been listed in the Forbes 2013 listing of top billionaires around the world. He is none other than the bold and courageous Mr. Binod Chaudhary who saw things differently in small country like Nepal.
Mr. Binod Chaudhary's journey has been a long, rough and tough journey. His grandfather who was from Rajasthan visited Kathmandu for trekking in the late 90's managed to settle down and open a small textile store. Later, Chaudhary's father Lunkaran Das converted that into Arun Emporium which was Nepal's first department store. Chaudhary's at the age of 18 took the courage to join his father's business. His father had started a business in a small way, when he joined the business it was still a modest size with only 400 employees.
As there is a saying "try try until you die". Chaudhary with his hard work, courage, and his luck today is known as the 1st billionaire of Nepal with various companies employing more than 7700 employees.In a recent interview he was asked, what it feels to be a billionaire. "Your sense of responsibility and moral obligation multiplies manifold, and particularly more if you hail from a poor nation. You become much more visible – people look up and up to you." says Mr. Binod Chaudhary.His aim is to create pool of businesses which will touch social issues and convert the youth into entrepreneurs. His business expansion outside Nepal and strategic partnership in various international companies has made him what he is today.
"Our dream is to establish a global empire of Wai Wai . I have confidence that we can achieve it." Chaudhary stated in his recent book Atmakatha.
Binod Chaudhary is the founder of famous noodle brand Wai Wai which has spread over 35 countries in the world. Wai Wai is the largest selling noodle brand in Nepal and second largest in India with 16% market share.Hope we can see new entrepreneurs with such courage, hard work and brilliance in our near future. I thank Mr. Binod Chaudhary for changing the perception of Nepal in the world's eye.
References:
ekantipur.com. 2013. ekantipur. [ONLINE] Available at: http://www.ekantipur.com/2013/02/03/business/a-candid-tale-of-an-ambitious-entrepreneur/366532.html. [Accessed 12 October 13]
Forbes.com. 2013. binod chaudhary is Nepal's first billionaire. [ONLINE] Available at: http://www.forbes.com/sites/naazneenkarmali/2013/03/05/binod-chaudhary-is-nepals-first-billionaire/. [Accessed 12 October 13].
