The Dentists Dilemma Employment vs Entrepreneurship Rahul Kumar Anjali Srivastava

The Dentists Dilemma Employment vs Entrepreneurship Rahul Kumar Anjali Srivastava

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In India, Dentistry is a lucrative career for young aspirants. However, as the number of dentists in the country is not enough, it has created a huge shortage of dentists. This has created a vicious circle, where there are too many dentists and not enough patients. This situation is so critical that it is becoming the largest employer of the medical profession. However, it is not only the large-scale employer that faces a major challenge. It is also the job for the employees. Economic factors, lack of training

Problem Statement of the Case Study

Rahul Kumar, a 34-year-old dentist, owns three clinics located in Mumbai, Nashik and Pune. He started his practice in 2009 with a team of five dentists. At present, Rahul manages the clinics with three full-time dentists and an associate in each clinic. The clinics are not profitable, and Rahul is struggling to make a profit from the business. He wants to explore various options for entrepreneurship but is unable to take the plunge as he

BCG Matrix Analysis

Based on the text material, what does the author suggest about The Dentists Dilemma’s potential market, and how can entrepreneurship be used to address this market opportunity?

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I was planning to get my dental license, but due to my personal and family commitments, I could not focus on it for months. During that time, I was thinking if I should start a business or get a job to make some money and contribute to my family’s income. I made up my mind that I would go for an entrepreneurship degree. I wanted to explore my skills, start a venture, and provide value to people. But I couldn’t find a reputed university that offered this program. So, I went

Alternatives

In the mid 2010s, when the world was going through a tough period, I was faced with a dilemma. I had been working as a dental surgeon for more than seven years, and was enjoying the work-life balance that comes with it. However, I was constantly thinking about the future. What kind of life was going to be possible for me, and what kind of choices would I be able to make? And so, I decided to explore new horizons. I decided to give entrepreneurship a go.

PESTEL Analysis

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Porters Model Analysis

“The Dentists Dilemma” is a compelling and engaging narrative that takes the reader into the life of Dr. Dhruv Mehrotra, a brilliant dentist who has always dreamt of starting his own dental clinic in a remote village in India. He had the drive, the passion, the experience and the skills necessary to make his dream come true. However, after 6 years of practicing, he has discovered a major problem that he cannot overcome; the people who have been his clients for years are scared to

Financial Analysis

In recent times, more and more dentists have opted for working for dental laboratories as they provide better working conditions, increased earning potential and work-life balance. The dental laboratory industry is booming and dental companies are hiring a significant number of dentists. In this, I decided to start my own business and open a dental laboratory. I had a personal opinion that it would be better to work with laboratory equipment than with people. i thought about this I also had the opportunity to observe the laboratory environment in various parts of India and found it