Have you ever reached a stage in your career where you feel financially secure? For the past few years, achieving financial independence in a corporate environment has been a hassle. With an organised structure and a standard salary every month, I have personally experienced monotony and saturation regarding professional growth. Even during a global pandemic, the direct selling industry has witnessed phenomenal growth. Be it women empowerment or social entrepreneurship, a career in direct selling can pave the way for new career opportunities. For example, QNET, a direct selling brand, offers platforms for aspiring business owners to be their own boss. With guidance, marketing tools and an accessible QNE eStore, people can choose products, learn at their own pace and start a business. Register with QNET India and achieve financial independence today!
What is Entrepreneurship?
How to start a business in India? If you need answers, just like me, you are at the right place. This article delves into the importance of entrepreneurship and the nature of starting a business in India. Although I achieved a significant amount of success as an IT professional, there was a part of me that wanted to feel independent. Of course, starting a business in India is hard. With several external factors, having a competitive edge is an uphill task. However, with the right mentality and resources, entrepreneurship can be rewarding.
Entrepreneurship is the as the act to start a new business. My experience in the direct selling industry has empowered me to take risks, achieve financial independence, work at my convenience and eventually, be my own boss. Compared to my time in a corporate environment, I have learnt a lot and have invested significantly into personal development.
Benefits of Entrepreneurship in Direct Selling
A private venture has several challenges. In a competitive industry like direct selling, brands and entrepreneurs must constantly innovate to adapt to agile business environments. It takes a lot of time to get accustomed to the market and promote your product. Therefore, before starting my entrepreneurship journey, I was committed to sticking to my full-time job as an IT professional, save up on finances and continuously build my knowledge to start a business in India. Besides, relying on an alternate source of income helps you effectively manage capital and focus on what is important for you, which is to start a business!
Here are the benefits of entrepreneurship in direct selling.
Financial Independence
Working in a corporate environment is certain to offer job security and financial stability. However, the freedom to try new things and explore new opportunities is widely compromised. Over time, following a structured business approach creates monotony, which dampens the overall spirit. It goes without saying that entrepreneurship results in financial independence. The moment I registered with QNET India, I know that I was at the right place. Access to flexible compensation structures, business guidelines and QNET products has empowered me to focus on diverse target audiences and make independent business decisions. The freedom to not think about money as a constraint plays a vital role in entrepreneurship success.
Women Empowerment & Financial Independence
The direct selling industry is one of the few business sectors that does not discriminate based on caste, religion or gender. From the comfort of their homes, women can take care of their children, work at their will, and strike a perfect work-life balance. This allows them to feel independent, be self dependent and take charge. A recent Business Standard report proves that around 53% of entrepreneurs in the direct selling industry are women. Therefore, entrepreneurship can lead to women empowerment, which can positively influence diversity in the workplace.
Freedom to Learn and Grow
When I first started working in the direct selling industry, I had practically zero knowledge about selling. Also, establising customer relationships was not my expertise either. This is what a desk job does to you. However, at QNET India, I learned to face rejections, overcome challenges, gain unconditional support from my peers and capitalised on market exposure. QNET has also taught me the leverage to take risks and learn from my mistakes. With step-commissions and business value points, I now have the freedom to work with a chain of direct selling agents for commissions on product sales. I have experienced exponential personal growth at QNET. Have you?
Future of Direct Selling in India
According to a news article published by Economic Times, around 18.1 million people will be employed by the direct selling industry by 2025. Also, with an annual growth rate of 4.8%, the direct selling industry in India is set to create revenue of Rs. 15,930 Crore by 2021. Therefore, considering the impact of entrepreneurship and the future of direct selling in India, you are at the right place and at the right time!