Mumbai: World Entrepreneurs' Day, observed annually on 21 August, is a global celebration of entrepreneurship and the people who drive innovation, create jobs, and contribute to economic growth. The day acknowledges the critical role that entrepreneurs play in shaping the business landscape and improving societies.
Entrepreneurs are individuals who identify opportunities, take risks, and turn ideas into viable businesses. They contribute to job creation, technological advancement, and economic development. World Entrepreneurs' Day highlights their achievements and encourages others to pursue their entrepreneurial aspirations.
On this day, various events, seminars, workshops, and conferences are organised worldwide to inspire, educate, and empower aspiring entrepreneurs. These events often feature successful entrepreneurs sharing their experiences, insights, and advice. They also provide a platform for networking and collaboration, fostering an environment of innovation and growth.
The celebration of World Entrepreneurs' Day is not limited to established business owners; it also encourages young and aspiring entrepreneurs to explore their ideas and take steps toward building their ventures. The day emphasises the importance of creativity, resilience, and determination in the entrepreneurial journey.
Lets see what the industry experts have to say regarding this auspicious day.
Edited excerpts
Spice Money founder Dilip Modi
Entrepreneurs play a vital role in driving industrial growth and expanding economies. India now stands as the third-largest global hub for startups, boasting 107 unicorns worth $340.79 billion collectively, projected to grow to 250 by 2025 according to The Global Startup Ecosystem Report 2022. These innovative startups have successfully tackled challenges in IT, education, healthcare, and agriculture, garnering global recognition.
Entrepreneurs embody the essence of dreamers, risk-takers, and innovators who are reshaping the world. My entrepreneurial journey is a tapestry woven with innovation, determination, and an unyielding pursuit of impact. I embarked on my entrepreneurial journey early in life, envisioning technology as a force capable of reshaping landscapes, transcending boundaries, and serving as a key enabler for achieving inclusive growth. Through diverse endeavours, I've discovered that entrepreneurship's true power lies in empowering and driving meaningful change, beyond mere profits. My journey emphasises that an entrepreneur's legacy isn't measured solely in personal gains but in the positive impact on individuals, communities, and the larger society.
The successful journey of Spice Money taught me that even audacious ideas can flourish when driven by genuine service and empowerment and how collective wisdom can elevate communities. Through its innovative platform, it empowers youth, unlocking their inner entrepreneur, and creating a path for them to become “nanopreneurs." Currently, Spice Money has a network of more than 12.7 lakh Adhikari/nanopreneurs, serving and positively impacting the lives of people in emerging India. This forward-looking initiative not only champions entrepreneurship but also envisions a future where the youth take centre stage in shaping the business landscape. On this World Entrepreneurs Day, I would like to celebrate the indomitable spirit of entrepreneurship and extend my heartfelt appreciation to all the dedicated entrepreneurs who relentlessly endeavour to propel India's trajectory to new heights.
ZebPay CEO Rahul Pagidipati
Entrepreneurs are the driving force behind progress, pushing boundaries and redefining possibilities. In my journey as an entrepreneur, I've witnessed firsthand the power of resilience and determination. It's not just about the wins; it's about the lessons learned from failures and the unwavering commitment to keep moving forward. The startup ecosystem, especially in India, is a testament to the incredible resourcefulness and creativity that entrepreneurs bring to the table.
In the ever-evolving landscape of technology startups, there's a dynamic synergy between innovation and entrepreneurship. The world of crypto, in particular, exemplifies this convergence. According to a Gartner survey, the market value of blockchain technology is anticipated to surge to $3.1 trillion by the start of the next decade. Tech entrepreneurs have the opportunity to harness the potential of blockchain and crypto to enhance financial systems and foster financial inclusion on a global scale.
As we navigate a world of rapid technological advancements, entrepreneurs must stay adaptable and open to new ideas. Embracing the transformative potential of blockchain can lead to groundbreaking solutions in areas such as decentralised finance, supply chain management, and beyond. I strongly believe that these technologies offer not only financial empowerment but also a new paradigm for transparent and secure transactions. I will continue to work towards fostering an environment that nurtures and supports the goal of providing equitable access to financial independence for all.
TaxNodes CEO & founder Avinash Shekhar
In the realm of entrepreneurship, India stands out as a beacon of transparency and credibility. Its tech startup arena ranks third globally, a testament to our unwavering innovation. The entrepreneurs here exhibit remarkable resilience, transforming visions into reality.
World Entrepreneurs' Day shines a spotlight on the vibrant spirit of innovation in India. Here, more people are taking the exciting leap into entrepreneurship, crafting their own paths to success. It's a reminder that starting something new isn't limited by age or conventional expectations. My journey with TaxNodes, a platform designed to simplify crypto taxation, is a testament to the power of creativity, resilience, and the pursuit of impact. Just as every entrepreneur faces challenges, we've navigated the complexities of taxation to simplify and empower. This day applauds not only accomplishments but also the inspiring stories of entrepreneurs who choose a unique road. As we celebrate, let's recognize how the entrepreneurial spirit, when embraced, can reshape lives and make a lasting impact.
In this dynamic scenario, TaxNodes emerges as a catalyst, empowering investors to seamlessly navigate regulations. We provide an array of tools and resources for comprehending crypto taxation and making informed investment decisions. Our mission aligns with an evolving future, marked by creativity and economic growth.
ReelStar co-founder Nick Bahl
Recently India emerged as the third largest tech startup ecosystem in the world, according to a report by NASSCOM. This is a testament to the unwavering spirit of innovation and the boundless determination that entrepreneurs infuse into the business landscape in this country. I applaud every entrepreneur's courage to resilience in the face of adversity, and their ability to turn dreams into realities.
Our journey with ReelStar has been a story of translating vision into action, of breaking down barriers, and of relentless pursuit of excellence. Along this journey, we've learned invaluable lessons – the significance of adaptability, the power of embracing change, and the art of balancing risk with strategic foresight. This day is a reminder that entrepreneurship isn't just about business; it's about a mindset – a willingness to challenge norms and create meaningful impact.
As we mark World Entrepreneurs' Day, I see ReelStar as a cornerstone of change. Our platform catalyses transformation, offering creators tools to monetize their passion. In India, where the creator economy grows at 25 per cent, ReelStar becomes the springboard for their dreams. This aligns with our belief that the future embraces decentralised frameworks, amplifying creativity, connection, and economic prosperity.
Wiggles founder & CEO Anushka Iyer
World Entrepreneurs' Day is more than simply a celebration; it's a monument to the creativity and tenacity that inspire change-makers around the world. Every idea, no matter how little, has the power to spark significant change, according to the Wiggles team. This spirit of entrepreneurship empowers us to break down barriers and imagine a world where holistic, affordable pet care is fueled by love. Our message is crystal clear today as we stand in solidarity with other global innovators: imagine, disrupt, and commit to making a difference. Together, let's empower change.
Nourish You co-founder Krishna Reddy
World Entrepreneurs' Day is a celebration of the boundless possibilities that arise from technological empowerment and cross-border collaborations. From financial systems to space exploration, and even in the realm of entertainment and innovative products, the global stage is set for enterprising minds to shine and empower change. We at Nourish You are innovators, making the world a better place. We have reached out to a wider audience with our latest innovation, Nourish You’s Millet Mlk. This is to get superfoods industry accessible and attract global leaders with creating impact.
Garuda Aerospace founder & CEO Agnishwar Jayaprakash
World Entrepreneurs' Day embodies the spirit of innovation and change that drives visionary minds across the globe. It's a celebration of the relentless pursuit of ideas that transform industries and empower positive change. At Garuda Aerospace, we are honored to contribute to this global movement, igniting ideas through cutting-edge drone technology and empowering change that resonates far beyond the skies and are shaping the agriculture sector. As we mark this day, we stand united with fellow innovators, driven by the belief that every idea has the power to shape a brighter future.
Tezos India president Om Malviya
On this special day, Tezos India would like to thank all the blockchain believers for their constant innovation and path breaking Dapps (decentralised apps) on Tezos Blockchain. Our 75000+ strong community is an astounding statement of successful blockchain adoption in India. I am proud to be an entrepreneur, and I am inspired by the work of other entrepreneurs who are using blockchain technology to make a difference. Tezos India is committed to nurturing the next generation of "Block preneurs" who will use this technology to solve real-world problems and build a more equitable and sustainable world. We believe that India has the potential to be a global leader in blockchain innovation. We are excited to be a part of this journey and to help make India the center of block chain innovation.
BuyUcoin CEO Shivam Thakral
An entrepreneur creates something valuable from nothing. It's about the courage to take risks and the determination to achieve their business goals. I want to celebrate the entrepreneurs who are changing the world with their Blockchain and digital asset ventures. Even during the funding winter, Web3 entrepreneurs kept going by cutting operational costs, some of them going to the extent of letting go of their salaries just to keep their company alive. The Startup India program has been instrumental in creating a fertile startup ecosystem in India where great ideas are nurtured and turned into global businesses. The new breed of Web3 entrepreneurs is using cutting-edge technology to solve real-world problems and create new opportunities for young talents. I admire entrepreneurs who are deploying digital assets and blockchain tech to deliver financial services to the unbanked population around the world. Entrepreneurs need the support of regulatory authorities and the establishment to turn their ideas into reality and we are hopeful that the upcoming G20 meet will engage in a constructive dialogue around policy framework for digital assets.
ShipEase co-founder & entrepreneur Pawan Kumar
Don't assume that borrowing lots of money can make your startup fly. World Entrepreneur Day honors entrepreneurs who bravely create sustainable and profitable businesses. There are many things to the business other than investors, and it's possible to succeed with your startup without breaking the bank. Entrepreneurs, the change-makers, motivate us to take risks, come up with new ideas, and keep going. They drive growth and help to create a sustainable future. Let's celebrate these innovators today for their perseverance and vision in creating not just successful businesses but also a better world for all of us.
AMU Leasing director Nehal Gupta
Entrepreneurs are visionaries who turn dreams into reality by crossing new seas to effect change. Their unwavering vision and determination to go beyond limitations bring them together. They inspire others through providing jobs, supporting economic progress, and cultivating emotional well-being and personal growth. Entrepreneurs are vital to the Indian economy because they create jobs, stimulate growth, and promote wealth. Women account for 14 per cent of total entrepreneurs, or eight million. Their economic contribution accounts for 17 per cent of GDP. Empowering women in the entrepreneurial globe not only promotes gender equality but also increases economic stability. Countries with greater rates of female entrepreneurship tend to have better economies. Entrepreneurs are not just wealth makers, but also country builders, dream weavers, and agents of transformation.
Drywa Store CEO & founder Arpita Shukla
On this World Entrepreneur Day, let's celebrate the relentless spirit of fepreneurs – fearless entrepreneurs of personal growth and stability. In a world of constant change, they are the architects of their destinies, shaping not just businesses, but their own lives. Through resilience and innovation, fepreneurs inspire us to chase our dreams, conquer our fears, and nurture our personal growth. They remind us that success isn't just about financial gains but also about finding stability in the pursuit of our passions. Cheers to those who boldly navigate the entrepreneurial journey of self-discovery and prosperity!
Nirvasa Healthcare CEO & founder Amitoz Singh
Don't think that taking out large loans would help your startup succeed. World Entrepreneur Day celebrates business owners who fearlessly build successful, long-lasting enterprises. We are inspired to take chances, come up with fresh ideas, and never give up. They promote development and aid in building a sustainable future. Let's honour these pioneers today for their tenacity and foresight in building not only prosperous companies but also a better world for all of us.
FutureFi founder Durga Prasad Tripathi
Entrepreneurship serves as the compass for innovation, kindling hope and propelling economies forward. On World Entrepreneurship Day, we pay tribute to the audacity of trailblazing thinkers. The exponential growth of digital assets worldwide in this digital era is propelled by the synergy of entrepreneurship and technology. Entrepreneurs harness the power of the digital realm to reshape economies and reimagine possibilities, from pioneering blockchain advancements to fintech revolutions. These bold pioneers serve as a reminder that every line of code and every explored concept holds the potential to leave an enduring legacy of progress. Today, we honor those who dare to venture into uncharted territories, crafting a world where digital assets thrive and shape the future.
Make You Big Media Pvt Ltd founder Aashish Gupta
World Entrepreneur Day honours the determination of entrepreneurs who dare to dream and propel global progress. Entrepreneurs are the change agents in the business world, converting ideas into profitable businesses. Their bravery, endurance, and creative thinking illuminate the way to economic growth. Let us honour these trailblazers on this particular day because they are the builders of a brighter tomorrow, transforming the globe one initiative at a time. Happy World Entrepreneur Day to everyone who is daring to disrupt, innovate, and lead the way!
Orive Organics CEO Nidhi Govil
Entrepreneurs are leaders who make their ideals a reality by stepping into frontiers in order to affect change. Their steadfast ambition and drive to overcome obstacles bring them together. They inspire individuals by providing employment, supporting economic success, and encouraging emotional well-being and personal development. Entrepreneurs are important to the Indian economy because they create jobs, fuel growth, and promote wealth. Women constitute 14 per cent of all entrepreneurs. Empowering women in business promotes not just gender equality but also economic stability.
