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Being a young entrepreneur is both incredibly exhilarating & daunting, all at the same time. Young people have no preconceptions of “how things should be”, and can use that to pull off new ideas that others simply couldn’t imagine. This naiveté is arguably a big part of how today’s modern giants like Airbnb and Facebook came to be. Teenagers from all over the world are coming up with business ideas, trying to succeed. And they should — by starting early they gain many benefits. Take a look below.
When young people fail, they have much more time to learn & reboot. This means more chances to succeed. Moreover, young entrepreneurs simply have less responsibility — whether it be financial commitments such as mortgage, or family and children, and therefore, they are much more likely to take risks which ultimately lead to success.
The fact that most of young entrepreneurs are tech-savvy is a huge advantage for them in this entrepreneurial world. For many, entrepreneurship is a great career choice that allows for a better work/life balance and more income.
It also offers societal benefits. Entrepreneurs create jobs, increase innovation, raise competition and are responsive to changing economic opportunities and trends. Entrepreneurship offers other positive externalities. A young person setting up a new business may provide ‘demonstration’ or learning externalities in that they may act as a role model for other young people.
In the wake of the global economic and financial crisis, expanding the opportunities of entrepreneurship to young people in particular becomes even more critical to sustainable growth and social development.
Young entrepreneurs have great difficulty in gaining access to traditional sources of financing. Because they tend to have little experience and few assets, financial institutions tend to see them as too risky despite the modest amounts of investment that many require. And because they are starting from scratch, they are often too small to be of interest to most angel investors and venture capitalists. Every new business idea, no matter whether it's for products or services, requires one vital thing: Money. It can take years before a new business is making a profit, but that doesn't mean it won't succeed. Every entrepreneur needs to begin with a certain amount of seed capital to pay for the cost of hiring staff, renting premises, buying or leasing equipment, marketing, etc.
Here comes Tefla’s proposal /Invitation to become an Events Director.
As members of the Tefla’s business ecosystem, you will get all the support necessary to grow your enterprise.
To be Tefla’s Events Director all you need are
Start your own business by associating with one of India’s leading Event Companies.
Partner with Tefla’s & EARN MAXIMUM REWARDS BY BEING A PART OF Tefla’s Events, Conferences, Exhibitions & Awards.
The events and activations industry in India is expected to cross Rs 10,000 crore mark by 2020-21, as per an EY EEMA (Event and Entertainment Management Association) report. The industry, which was atRs 5,631 crore in 2016-17 overall, has been growing at a 16% CAGR, even overtaking the Indian media and entertainment (M&E) industry, which is growing at 11-13% CAGR.
Event Management is looked upon as a sunrise industry in the service sector. The word ‘Event’ now needs to be re-defined in view of the manifold growth of the various ‘happenings’ in the ‘commercial’ as well as in the non-commercial’ world. Be it private happenings or public events, everything now is done on ‘big scale’. ‘Image’ is the key word today. This ‘image’ building exercise today needs a professional manager, either an individual or an organization, depending on the size of the exercise. Live Entertainment shows, Corporate events, MICE (Meetings, Incentives, Conferences, Exhibitions), and large scale Weddings have led to several work profiles and job opportunities. Individuals, Corporate houses and the Society have recognized the need for hiring professionals for handling events. Let’s take a closer look at the overall events industry statistics in India.
The past decade of the Indian economy has witnessed an alarming growth in the size of Event Management Industry. It has grown by leaps and bounds in the recent past and most of the experts in the industry strongly believe that this is just the beginning of a new era.
The scope of Events has been widening day by day and the Events & Entertainment Industry today encompasses events like Fashion & Celebrity shows, Film awards, Celebrity promotions, Road shows, Musical concerts, Bollywood-shows, T.V. Reality shows Company conferences, Banqueting facilities, Tourist attractions, Sports, Culture, Corporate seminars, Workshops, Exhibitions, Wedding celebrations, Birthday parties, Theme parties & Product launch. The continuous rise in the number and the scale of all such events has emerged as the main growth drivers in the sector.
Events are playing an increasingly important role in the Marketing and Communications mix for all companies. Today, Event Management has become an integral part of any Marketing plan. A large number of companies have already recognized the benefits of Direct Marketing through events. Events are considered as a means to Launch, Advertise or Build a brand.
Weddings are very expensive in India. A recent survey has revealed that an average amount of $31,213 is spent by an Indian for his wedding. This number has observed a 4.5% than the previous year. The same survey has revealed that an average amount of $27,000 is spent by a U.S Citizen for his wedding.
$38-billion Indian wedding market continues to grow bigger in size, the bridal brigade — brides, grooms and their respective families — across the country seems to have embraced the spending frenzy with open arms. About a decade ago, the most talked about society weddings were generally limited to familial lineages. Things, however, are changing now and anyone who has the required finances can surely have a grand wedding of their dreams.
The number is definitely going to increase in the coming years. The latest trend witnessed in Event Management sector is the popular demand for wedding planners. This industry thrives largely on the Indian notion of characterizing marriage as a singular high-point in one’s life. In a bid to make one’s wedding unique, the wedding planning industry derives a reasonable demand owing to their professionalism and touch of precision to make the entire process smooth
The following figure explains you about the rate at which the event management industry is going to rise in India, when compared with other nations.
The global exhibition market size is expected to reach over $50 billion, growing at a CAGR of over 3% during the period 2019-2025
The Global MICE Industry size valued to USD 916.1 million in 2019, is predicted to garner USD 1.78 billion by 2030, with a CAGR of 6.1% from 2020-2030.
Tefla’s Corporate Profile
Tefla's is known for Conceptualizing, Planning and Organizing Research based, Industry focused Conferences, Exhibitions & Events in tandem with Industry Leaders & Associations and has been the path finder to the industry since 25 years. Its event calendar consists of industry specific annual events attracting comprehensive and wide participation. Tefla's has been pioneer in expanding the knowledge sphere for industry and enhancing values through processed information and expert analysis.
Tefla's has to its credit a series of Events in the Agri Space which are the annual events of the particular agri commodity attracting wide and comprehensive participation. Some of these are Globoil India, Globoil Delhi,Globoil International, CEO Weekend, Sugar Summit , Global Spices, etc . Other events both existing and proposed include Think CSR, Think Literature, CODEC Asia, Fortune Asia, COBRA, Global Cotton Conclave, IMMAGE, Gold & Jewellery India & India SME Conclave, Global Agri etc . Tefla’s holds the Intellectual Property Rights for all these Conferences, Exhibitions & Events.
Tefla's,the market leader in dissemination of knowledge through Industry Specific Forums is also the creator & promoter of Industry Awards like Globoil India Awards, Globoil International Awards, The Sugar Summit Awards, Alcobev Awards,Think CSR Awards.
The clients include all the big Industry names like Tatas, Godrej, Marico, Adani Group, Patanjali Liberty Oil Mills, Allana, Bunge,Cargill , ADM, Noble COFCO, Glencore, ITC & the leading banks, financial institutions & commodity exchanges including the Govt. bodies.
Tefla's is a leading private Conference, Exhibition & Event Organizer, the primary focus being the Conference. Tefla’s has blended Conference and Concurrent Exhibition in a unique way.
The Company conceives, plans, markets & organizes Conferences, Exhibitions & Events across various sectors, Conference being the focused area and Exhibition running concurrently.
Holds the Intellectual Property Rights for all its Conferences, Exhibitions & Events.
TEFLA’S OCCUPIES LEADERSHIP POSITION IN ORGANISING CONFERENCES & EXHIBITIONS IN THE AGRI BUSINESS SECTOR WITH LARGEST MARKET CAPITALIZATION IN EACH AND EVERY AGRI SECTOR LIKE EDIBLE OIL, SUGAR, PULSES, GRAIN, FOOD , FEED AND COTTON. (LIST OF EVENTS ATTACHED)
An unmatched portfolio of events with presence in some of the fastest growing sectors
Grown at over 100% over the past 5 years
Long established relationship with clients: 90% repeat customers Highly experienced senior management
Supported by a team of professionals with strong marketing and execution capabilities
Considered foremost amongst India's leading private conference & exhibition organizers
Organizes India's some of the largest and best Conferences and plans to add more properties across sectors. Please see the attached list.
Aggressive growth strategies and global mindset.
It could be a single entrepreneur or two to three joint entrepreneurs. It could be partnership with one project or with more than one projects
