Melam Group: Bootstrapped Entrepreneurship
Author(s) -
Kurian Dhanya Anna,
Pancholi Namrata,
Manjunath Usha
Publication year - 2020
Publication title -
south asian journal of business and management cases
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.148
H-Index - 4
eISSN - 2321-0303
pISSN - 2277-9779
DOI - 10.1177/2277977919881400
Subject(s) - entrepreneurship , passion , bootstrapping (finance) , venture capital , management , corporate group , marketing , capital (architecture) , group (periodic table) , business , business administration , economics , classical economics , finance , psychology , geography , corporate governance , chemistry , archaeology , organic chemistry , psychotherapist
This is a story of Melam Group of Companies, a vivid example of Business Bootstrapping theory. A personal interview with the founder, Mr Kurian John Melamparambil (Padma Shri awardee) revealed how the Melam Group started a business with zero or limited resources. This case is to enlighten the young mind that it is not always huge capital/funding/venture capital/angel investing that builds a successful business. It is the determination and passion for the idea than the money that propels a business to success.
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