Flavor of Mexican Entrepreneurship

Lalit Basnet - Aug 07, 2017

When hundreds of Nepalese are flying abroad searching for better opportunities, it might come off as a surprise to many, hearing the story of a Mexican family taking the reverse route. Mr. Daniel Tapia is Mexican citizen who owns “Casa Mexicana”, a restaurant serving authentic Mexican cuisines. Mr. Tapia’s transformational journey from a common Mexican...

Mastering A Perfect Pitch

Lalit Basnet - Aug 03, 2017

Backtracking and revisiting our memory lane, there was once a hype of job hunting amongst students after pursuing their higher education but moving ahead, times have definitely changed and students today tend to venture out in their own startups rather than working for somebody. This tendency has aided in the rise of entrepreneurs in our country...

Rise of Marico Bakery

Lalit Basnet - Jul 28, 2017

The month of Shrawan is regarded as one of the holiest month in Hinduism. Devotees from around the country flood temples to offer prayers to the almighty, and temple side eateries are often filled with devotees. Moving on from traditional “Jerry, Swari” to modern bakery cafe and tapping into the “holy-market” in Budhanilkantha, is Marico Bakery Cafe...

Ease of Doing Business in Nepal

Lalit Basnet - Jul 24, 2017

With the conclusion of Nepal Investment Summit 2017 a couple of months back, it was announced that our country succeeded to receive a commitment of USD 13.51 billion worth of Foreign Direct Investment (FDI) from various allied nation, with Chinese investment amounting to USD 8.3 billion alone. This is a drastic increase in the FDI which stood at USD 57.48 ...

Healing the wounds of Broken Dreams through Entrepreneurship

Lalit Basnet - Jul 21, 2017

What would the society think”, is the phrase that has shattered the dreams of many youths in our country. Growing up in a society like ours, guardians opt the idea of letting their children become an aspiring doctor or an engineer to children irrelevant to their field of interest. In a mechanised education system like ours, scholars with good grades...

Reconsidering Bootstrapping over Venture Capital

Lalit Basnet - Jul 19, 2017

Do you consider yourself as an entrepreneur? Do you believe that you have a “revolutionary” idea that can capture the imagination of your audiences? Well, if the answer is a definite “YES” then, you might have already realized that access to finance is one of the important things that startups seek. It is often naively presumed that a start-up is not a start-up unless...

Winning Is Just the Beginning: What Next After Receiving A Seed Fund

Lalit Basnet - Jul 11, 2017

According to Ryan Carey, (author of Effective Altruism handbook) , “Amidst all the ideas pitched by an entrepreneur to venture capitalists, roughly 1% of entrepreneurs that aspire to obtain venture capital obtain seed funding”. Many questions arise after all the hardwork and dedication that an entrepreneur puts forth in building a Minimum Viable Product (MVP) & convinces an investor...

Development of Entrepreneurial Ecosystem in Nepal

Lalit Basnet - Jul 9, 2017

If the average age of a country is to be taken as a key indicator to predict the economic development of a nation then, it might come off as a surprise to some that the median age of the Nepalese population is 21.6 years (National Census 2011 AD; Central Bureau of Statistics), 8 years younger than the median age of India which stands at 29 years...

Pasteurizing the Traits of Entrepreneurship

Lalit Basnet - Jul 7, 2017

“Success is not instant, continual focus, dedication and perseverance eventually leads an entrepreneur to drive prosperous enterprise” declaimed Ms. Chandra Kala Dhamala, owner of Dhamala Dairy Pvt. Ltd. Originally from Okhaldunga district, Ms. Dhamala and her husband came to Kathmandu in the year 2060 BS with their dream to live in the capital city. After getting married...

Employee to Entrepreneurship - Shift in Gear

Lalit Basnet - Jun 23, 2017

The evolution of Burger from a “Recession Food” to a “Comfort Food” has been substantial, and the growing number of fast food restaurants in every nooks and corners of Kathmandu serving this delicacy justifies the mean. But amidst this, creating her own unique identity is Ms. Shital Hamal who has...