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wanna be a entrepreneur....

manikandan341

Hello every one i'm manikandan . i have completed B.E(ECE). Any one please give some idea to startup a small scale in embedded.

  • 0

    Hi Manikandan,

     

    Is this post stating that (1) you want to be an entrepreneur or (2) asking me if I want to be one ? I'm assuming your blog title was for the former.

     

    I am also unclear what you are actually asking for. Is it (1) a project idea or (2) what is the easiest method to start learning about embedded designs? Personally, I am always more than happy to help fellow engineers out, as long as I am not undertaking anything illegal, immoral, causing suffering to others or lastly, doing the hard work so they can make lots of money with minimal effort. If you cannot think of something to make may I suggest you follow as many social media streams as possible to give you inspiration (including Element14). If you are after suggestions of embedded designs then you might like to search around Element14 for projects with ARM Cortex like the NXP and STM32 + development systems like mBed, Truestudio, Keil MDK and IAR. Some of these development boards are really quite low cost - like the STM32 Nucleo and Discovery ranges.

     

    Rod

  • 0 in reply to 14rhb

    If i wanna start a small scale manufacturing company, then what is the way to follow for that?

  • 0 in reply to manikandan341

    Go and work for one - to be any use to any one you to need to learn stuff.

     

    Most of the practical knowledge I have has come from working with, and listening to other people.

     

    You need years of experience (at a guess at least 5) working for other people before you can be ready to start out on your own.

     

    MK

  • 0

    I agree with Michael: go work for a company for several years to learn what can go wrong and how best to avoid it.  I did this myself back in the 90s.  I was considering the possibility of doing something entrepreneurial at some point and I had the opportunity to join a medium-size company of about 100 people.  The great thing was that all aspects of a small manufacturing company were present: engineering, manufacturing, sales, marketing, customer service, and human resources.  Yet it was small enough that you could see how all these parts of the company functioned -- and malfunctioned.  In a large company you only see a small part and you can't get the big picture.

     

    In about 3 years I knew I would never want to do this myself.  It was great being paid to learn this instead of losing my own money.

     

    I don't know what the actual numbers are, but I believe I've heard that 90% of new businesses fail.  Given that there are so many things that have to go right, this 10% success rate sounds about right.  Now, if you have a sure-fire can't-miss crackerjack product you can increase the odds of success to maybe 20%.  You read about successful companies like Facebook but the media doesn't cover the myriad companies that don't make it.

  • 0 in reply to michaelkellett

    thank you so much sir..And thanks a lot for spending time to concern for me.