Pharma Entrepreneurship: Insights & Scenario_An essay by Hemlata Dol

“Be like a diamond precious & rare

Not like stone that founds everywhere”

These precious Saying’s encourages everyone to being having unique identity with simply ‘thinking out of box’ that makes them popular with success. As said by Nelson Mandela, ‘Education is the most powerful weapon which you can use to change the world’. But reality is different. After desired qualification everyone come to conclusion of no opportunities for fresher’s…unemployment…saturation for job…and many more. If opportunity doesn’t knock, build a door.  Very few just think about to being an entrepreneur and a few succeed in it. Really it’s very difficult to be an Entrepreneur? No really not, ‘The heart of entrepreneur can beat freely in anyone’, only we have to recognize it.

Entrepreneurship is nothing but the "capacity and willingness to innovate, develop, organize and manage a business venture along with any of its risks in order to make a profit". Anyone from any discipline of education can be an entrepreneur. Opportunities seek for a chance and entrepreneur make new chance. Being an Entrepreneur is one of the most exciting and popular things to do. Though starting and maintaining your own business isn't easy. Your heart pounds. You smile. Excitement abounds. You are inspired. Life has a new meaning. What is the object of all this positive energy? An idea! The experience of getting a new idea is wonderful. What follows can also be fun and exciting, when you have a plan and know what it takes to carry your idea from conception to reality.  Dreaming a dream is one thing, but bringing the dream to market is another dimension entirely. Business is all about making money, which means the bottom line, is the bottom line. However, once your dream is realized there are several steps you must take before going to the market. "Being an entrepreneur is primarily hard because it is on you," Lackey says. "Success is on you. Results are on you. Making the call, doing the things you don't like to do, on you."

Pharmacy is a noble profession & mark as one of the economic pillar of India. Pharmacists comprise the third largest healthcare professionals in the world and pharmacy profession has been evolving steadily over the last decade in India. Pharmacist is the second most trustable person in community. Pharmacist gives life to the medicine and acts as integral part of health-care system. A vast rush is recently attracting for the career in Pharma profession every year. A huge extent D. Pharm, B. Pharm, M. Pharm and Pharm.D candidates pass out with great achievements and obviously competing for opportunities for earning and learning. Scenario indicate that after completion of D. Pharm course a very few percentile of students choose career as entrepreneur and others contribute to higher education studies. After diploma completion dream and goal of most students is built own pharmacy. Bachelor’s degree qualifying aspirants are of with great interest in industry oriented job in production, quality control, quality analysis, packaging etc. with a very less dream of own pharmacy or being as a Pharma entrepreneur. Post graduation M. Pharm qualifying buddies make a choice of Pharma academic profession and others enter into research and development region. Post graduates dream to be doctorate and make vision with the journey to make path easier. Current Pharma entrepreneur scenario revealed a most of pharmacy qualifying personnel dream of having ‘Own Pharmacy’ either retail or wholesale or combine very few unique faces think of having manufacturing unit with special emphasis on herbal medicines. Everyone waits for campus placement…search for job…its reality.

Pharmacist Oath remembers that,

‘Acting as integral part of health care team to discover and manufacture drugs of quality to alleviate sufferings of humanity.’

Keeping the oath think of - Why to wait for jobs? Pharmacy students need to be entrepreneurs.

“Entrepreneurship means not to develop drug molecule in campus in four years. It means to make students able to generate jobs not only for themselves but for others too. They may imagine some products in FMCG category like oral hygienic, maternity and nursing products, herbal formulations, OTC products…”

As we know about saying, ‘WHERE THERE IS A WILL THERE IS A WAY’

Opportunistic roadmap for diploma pharmacy as being an Entrepreneur:

After B. Pharm…M. Pharm…Dreaming of being Entrepreneur….Come & Catch……

  

Educating yourself needs to be both open-ended and focused, to provide the freedom necessary to explore unexpected leads. Success at this stage often depends on how open-minded you are. If you enter the education process with even some preconceptions, you are likely to miss important learning. Adopt a spirit of adventure about learning new things. If you fear learning new information because it might undermine your idea, then you will miss major insights. 
             There is good news in everything you learn, if only your vision is broad and clear enough to see it. How a joint venture with the company holding the patent could be an even bigger idea? How you can use the learning and experience from working on this project to benefit your company in other ways. This attitude is crucial to your success at this early stage. 

India should walk on her own shadow we must have our own development model. It’s my pleasure to mention name of dynamic entrepreneur from Pharma industry Mr. Dilip Sanghavi, Director Ajanta Pharma who has faced a challenging journey during his entrepreneurial career.

A message to all is,

‘Think big and don’t listen to people who tell u it can’t be done, life’s too short to think small’

At the end remember this,

‘True Entrepreneur is a Doer not a Dreamer’

                           ‘PROUD TO BE PHARMA ENTREPRENEUR’