![]() I really am an entrepreneur of opportunity. What sets your business apart from others? We were able to solve this by ensuring that all of our hired transcribers were U.S.-based and specially trained to provide great services. GMR Transcription was really struggling in the early stages of its life because we were not providing the accurate services that were required to succeed in the industry. I've built each of my businesses because I felt that there was an opportunity for me to create something great, either based on my experience or the needs of the market (or both). Eventually, I discovered a consumer need in the area of online transcription services, so I built GMR Transcription as a guinea pig company to test out my digital marketing strategies. I started out with my small marketing agency, GMR Web Team, since I knew that I didn't want to leave the field of marketing. That is when I decided that becoming an entrepreneur was the best option for me. After this, I was really soured on big business as a whole and wanted to find an avenue in life where I had total control over my life. However, I was let go from my marketing position after developing an amazing product for their company. ![]() I worked for years in the corporate world for various Fortune 500 companies. By decreasing the number of employees, creating better business processes and improving marketing by building a separate GMR Web Team marketing business, the transcription business turned around. At first, his firm brought in $250,000 annually with 10 employees, but their customer services was, by Prasad’s own admission, not running at its best. “ GMR Transcription provides an easy and secure way to get any file transcribed by a team of professional transcribers,” founder and president Prasad says. He worked for years in that world, but after losing a corporate marketing job, he decided to become his own boss. The Fortune 500 world wasn't for Ajay Prasad. If you’d like to share your business story to be considered for a feature on OPEN Forum, please sign in or sign up and answer a few short questions. This business owner is an OPEN Forum® Member.
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