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...