Indigoedge- a SME consulting company wants to support other entrepreneurs. Shivakumar R, the founder tells YourStory more about his future plans.
My Story Your job is as good as your boss. I did not want to live all my life cribbing about how things would have been done had I been at the helm. In May 2006, I started Indigoedge Management Consultancy Pvt Limited.The company was formed with intent to help other entrepreneurs and small and medium scale enterprises around the country by providing them business solutions. For the first year and half we were working on 2 businesses simultaneously. One of the businesses we set out to start, which was a Medical Tourism venture, had a long gestation period. As far as the medical tourism venture was concerned the main problems we faced were as follows:
Access to our target markets
uitable, capable local partners with whom we could work
Due to these constraints we were forced to put this business on the back burner and completely focus on our consulting business. I guess when you are in a business you are always underperforming and have ways to improve it. But, there is lot of thrill in being your own boss. The freedom, the chance to try out things differently, meeting lots of people who are heading organizations etc - would not substitute this for anything else.
We are sector agnostic SME consultants/Investment bankers. We would like to consolidate by doing a few Private Placement/M&A transactions and get a name in the market. Once we do 10-15 transactions, we will think of expansion. Initial intent is to win trust on both buy side and the sell side.
We provide solutions in the following fields:
- Corporate Finance
Referrals have worked for us as it is the only way we can grow our business is by establishing a name in the market. We put special emphasis on reliability, honesty and value for money service. We have grown over 300% on YoY basis last year
Tips for budding entrepreneurs
Don't be restricted by your business plans - start working, you will have to think and realign your business time and time again. So just keep at it - everything will fall into place.
Secondly, keep trying - ideas are good only for the closet - getting things done is quite another thing!