Every story of entrepreneurship in this country has not one but probably have several such incidents where everything was risked on the table - be it the growth, direction or strategy of the company. If there is an entrepreneur who is willing to bet that high on it, there are also equal number of those who stand tall to prove that guts. The support of those they love, and intuition goes a long way - not to say its all on assumptions though, these folks have keen observing skills to spot an opportunity and insight that most simply overlook.

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Its crucial to understand this, because this is a core of how enterprises are built in India. An understanding of this makes the difference between how we function in normal life, the goals we set for ourselves and for the companies we build, most of all the company we keep-especially as we elect our board of directors.

None of these decisions are made by the entrepreneur alone - the chill on one’s spine is way too much for most. This is where the structure of a company makes all the difference. Today, it is said that there are anywhere between 26-32 million SMEs in the country and about 5 million of them are considered to be of small and medium, quite a bit of the rest are micro enterprises.

About 96 per cent of these companies are proprietary and partnership firms, and like they say in the world of design, form follows function. The fact that there is not any significant growth in the SME segment, even when its quite functional and significantly contributing to the GDP of the country. This is because of the lack of such abnormal and daring decisions.

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