by Joseph Vijayam
Information Technology is a knowledge industry that relies almost entirely on the knowledge of people working in the industry. If you are setting up an IT company you will need to look for people with skills and experience that are aligned with the services you aim to provide.
If you are unable to find people with the right skills and experience, I suggest elevating the skills of people living in your region by setting up an IT training institute. I assume you are an IT professional and that you would have the skills required to teach. Additionally, you might want to recruit one or two staff members or volunteers who are able to teach IT as you prepare a workforce. IT training in itself can be a profitable business, depending on the ability for students to pay for courses, and you can ultimately benefit from your end product of trained IT professionals. From among this newly trained workforce you can recruit your staff for providing IT services in the long run.
I have seen the rise of the IT industry in India over a period of 30 years. It all began with the establishment of numerous IT training institutes across all major cities of India back in the early 1980s. Some of the same training institutes moved up the value chain in the IT industry and have now become global IT businesses. There is now no dearth of trained IT professionals in India, but it all started with a few entrepreneurs who set up institutes to train people who often ended up working with the same team responsible for their initial training. Some examples of Indian companies which followed this model are NIIT, Satyam (now Tech Mahindra), HCL, and so on. Read more