India is one of the world’s largest centers for Micro, Small, and Medium Enterprises (MSMEs). These enterprises play a crucial role in the Indian economy, but despite their large number, MSMEs in India suffer from a lack of adequate and timely access to funds. The key reason for this is that banks often view MSMEs as high-risk organizations and are therefore reluctant to lend to them. Also, MSMEs often lack the necessary collateral to get a loan. Therefore, a business loan without security is the best option for them.

Joining an organization where you are expected to manage an established team can be difficult. You are often battling bias, skepticism, and maybe even resentment. Not to mention, you may be competing with the glorified memory of the previous manager or are now managing a team member who also applied for your position. All that to say, that 9 times out of 10, the cards are stacked against you when you walk into a situation like this.