Uttam Sheth was born in the city of Ahmedabad, Gujarat, India in the year 1986. Shri Uttam Sheth began his journey through life. He was had a unique approach towards making of food. Unfortunately, it was the key to decide his fate in life that made him a successful person and an entrepreneur.
Shri Uttam Sheth grew up with a normal life until he reached his mid-teens. With increasing responsibility, he had to make a decision to support his family and share the responsibility towards his family. At the age of sixteen, he decided to open up a unique concept for restaurant in his mind. Also, he had enrolled himself towards education and completed his schooling then.
Sometimes a task can seem monumental when you try to visualize the entire thing, but if you break it down into smaller goals suddenly it can become manageable. He had the drive to build a career that did not involve running credit cards through the machine. It can be difficult to leave what is familiar, and he actually really liked the people who owned the convenience store and knew that they would be sad to see me go, but it was time to strike out on his own. As a result he set forward to fill pages in his destiny to move to the Unites States of America to set a bench mark.
His unique idea started with the very basic concepts, as the very basic ideas were revolving within him: what the people want ? ; how to fulfill the need ? His idea was to fill the gap completely with a simple concept “give what they need and ask what we want”. Entrepreneurship is the process of operating something called ‘business venture’ that leads to innovation. In most of the cases, the individual or team behind the business venture works to present a finished product or idea with a prospective and aim in the market. This basically includes enormous amount of planning by understanding the needs of the potential market. Thus, it is considered to be a competitive option that requires proper research, good resources available, and the most detailed innovation if you ought to suceed. In short, it is like going into business for yourself but you take on risks in hopes of reaping the rewards you hope to achieve.
In today’s society being an entrepreneur is the challenge to take an individual to the desired or admired level within the particular industry. It is about taking the correct initiative to present an idea or finished product ,or make an improvement on a product already in existence; also could be an upgrade to an existing product. Shri Uttam Sheth was a leader willing to take risks in order to see ideas and concepts materialize. It is obvious as people mention “you need to have a certain mindset when it comes to being a successful entrepreneur”. Others see it quite different form of self-employment that drives the entrepreneur to work harder; Shri Uttam Sheth relies on personal skills; knowledge; and resources utilized. It is just a level of uncertainty when one is defining an ‘entrepreneur’ like Shri Uttam Sheth. It is maybe due to different business elements the concept is connected to.
Entrepreneurship is very well known as a driving force behind economic growth since some recent years. A number of the world’s most popular products and a lot of ‘everyday items’ were brought in by some entrepreneur; be it one or the other. Shri Uttam Sheth started off just with simple ideas that had a well-organized plan and funding to see it off towards a grand success. There are many wealthy business owners that started off with many ideas and little or no money at all at times. It is just a matter of studying the competition and willing to make mistakes; learn from it at the same time, just in order to make your concept even better. Organization; planning; and use of some unique resources in entrepreneur’s reach can make a difference in getting one idea off the ground.
Shri Uttam Sheth, who was self-employed now or a new business owner can be labeled as an entrepreneur.Now, it is dependent on the creativity and originality behind his concept the type of activities that define his entrepreneurship will vary. Negotiating with investors to just the point of his satisfaction, visualizing the entire concept, and even convincing others to see the whole idea as something realistic are all important aspects that is necessary to be successful in the market. To many other entrepreneurs this is more than just running and growing a business but he always focused on every detail that lay the foundation; or is the brick in any manner. It becomes the livelihood of the ‘brick’(individual) that includes marketing, franchising as and when possible, and even helping others recognize it’s true potential. As a result, he came up with the answer, and started a resturant where people could choose items that is to be cooked, with the proper amount of ingredients added just according to the taste of the customer. In other words, just the right way the customer would cook it by themselves. The basic idea involves cooking according to the customer. As a result he was able to grasp a name in the market and earn the amount of fame that was required.
Now, the question was bigger day by day. He had to find solutions to different situations and obstracles that came by to stop his dream. The analytical framework above reveals the personality attributes that make Shri Uttam Sheth become an entrepreneur and the attributes are illustrated from conception to the end process; it is made up of a combination of entrepreneurial theories that was stitched to meet needs, such that, allude to the psychological traits of an individual just perfect to grasp the mind.
A variety of the entrepreneurial theories will be used to explain the proper framework. Conception of the personality attribute of the entrepreneur is the will to establish a fresh kingdom, followed by the need for achievement with pace of time, then the internal locus of control closely followed by non-conformist; also finally the culmination of all the personality attributes lead to the so called ‘entrepreneur’.