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Many aspiring entrepreneurs have a rosy picture in mind with all the success stories about startups making a buzz. But what the media fails to highlight is how massively disproportionate the odds of success and failure are. Nine out of ten startups fail.
Take a quick look to know how franchising in education business is creating plethora of risk-free opportunities for entrepreneurs.
With the growing disposable income of Indians and the demand for a better lifestyle, the younger generation is always pushing the envelope for better opportunities and that is what Jetking is all about. Getting the youth trained in the emerging career paths to help sustain the burgeoning IT and IMS boom as well as to fuel India's growth. Franchising is a safe bet for both the parties involved. It allows us to enter newer markets and comes with a basket of advantages for the Franchisee. There is minimal risk in running a franchisee when compared to setting up your own business.
Jetking operates on a Hub-Franchise Model, with six major hubs across India, to whom our franchises across India stay connected. Franchises account for 90% of our branches. Successful franchises remain that way only due to consistent commitment. We are looking for young enterprising individuals who are not satisfied with a 9-5 job and demand a better life. Most of our recent tie-ups have been with individuals from relevant backgrounds and sharp business acumen or technical expertise to partner up and form a win-win situation. We match their ambition and drive by providing them a respected brand name and inducting them into our strong support and mentoring network from day one. They can turn to our regional hubs to or other operational franchise centers for knowledge and support and learn from their successes and mistakes.
There has never been a better time to start a career in the IT industry. India is poised on the verge of a second IT revolution with growing spread of Social Mobile Analytics & Cloud (SMAC) along with the various initiatives the Government has been announcing to stimulate the economy and push growth.
At Jetking, we are fully aligned with the PM's vision of Digital India, Smart Cities & Skill India to train the youth of India. All these initiatives require a considerable talent pool to meet the demand. And at Jetking we have managed to occupy a blue ocean territory by leading the hardware and networking training space. I feel immensely proud of what we do here. Our association with National Skill Development Council has rubberstamped our credentials as a leader in vocational training. This is how we are able to serve our country. It is not easy to find a business as clean and noble as education. Even education usually demands heavy investment running into crores However, we provide entrepreneurs an opportunity to start their education venture with an investment as low as Rs. 25-30 lakhs. Hardware and networking education inspires respect in society as a business of repute, at a relatively low investment. There is immense satisfaction to be derived out of creating brighter futures and skilling the youth of India to join the ivy league of IT players in the country.
Jetking is a BSE listed company Headquartered in Mumbai. Jetking has trained 7,00,000 students so far and plans to train and provide employment to 1 crore youth by 2022. With an annual turnover of about 70 crores, their current business partners include IT behemoths like Microsoft, Cisco, IBM amongst others. Their wholesome and quality obsessed training methodology is their major USP. Jetking caters to the needs of Airtel, Wipro, TCS, Infosys, HCL and Capgemini to name a few.
(Avinash Bharwani heads New Business Development at Jetking - India’s premier Computer Hardware & Networking Institute. With more than a decade’s experience in the domain of Education, Skill Development, Content Design and IT, he has been instrumental in building a robust franchise model through strong systems and processes. He is spearheading the development and roll-out of the new training model at Jetking.)