This includes farmers who want to form a business together, have similar goals, objectives and a willingness to share the benefits and risks. Ownership and control of the enterprise are divided among the group members. Group members need to have the desire to be self-employed, the motivation to undertake something new, the willingness to take calculated risks and the mind-set of always looking for opportunities. They must be willing to work together in a common productive activity and to take full responsibility for the outcome. There are many advantages to group entrepreneurship.
Group solidarity
Greater power from pooled resources
Drawing on shared life/business experience
Protection from shared ‘enemies’ in the form of exploitive traders and markets
Drawing on the common desire to progress and advance economically
Pasumai Thaagam Ecobiz India’s mission is to provide total Training and Support to each and every member of the GFEB in developing strong managerial capacity and a system of discipline within the group.