Professional Documents
Culture Documents
Agenda
A quick background
Key learnings on various fronts- entrepreneurial
Post entrepreneurial journey- Investor, advisor
India opportunity, what we can do, trends
The story
1987
199096
1997
-99
1999
2002
2003
2004
-06
2007
200810
Key learnings
Entrepreneurship Vs Management
Entrepreneurship
Creating something new-product, method of production/
delivery, markets, source of raw material, business
model
Challenges the norm
Management
Protects
Stewardship of existing resources
ENTREPRENEUR
ABILITY
UNKNOWN
IDEA/TECHNOLOGY
POTENTIAL
UNKNOWN
MARKET
DEMAND
UNKNOWN
FINANCE
AVAILABILITY
UNKNOWN
TEAM (EMPLOYEES
CONFIDENCE
UNKNOWN
Starting Off!
Know yourself
Who you are.
What you can do.
How you can do it.
Locus of Control
Internal
External
Risk-taking Prosperity
Type A Behaviour
Impatient, time urgency, driving ambition, competitiveness
Begin
E.g.,NetworkingWhy?
More business decisions occur over lunch and
dinner than at any other time yet no MBA courses
are given on this subject. Peter
Drucker,management guru
Networking is an essential part of building
wealth. Armstrong Williams, businessman
WHAT WORKS?
HOME WORK
HARD WORK
SMART WORK
TEAM WORK
NET-WORK
sum OF
THIS..WORK
SOME
High
Silicon
Valley
Israel
U.K
Innovation
INDIA
Hong Kong
Low
Low
Entrepreneurship
High
IndiaMore
Jugaad,
than
Systemic
WHATS IMPORTANT?
Source of money- ??
Virtual Goods?!?
http://www.thehindu.com/todays-paper/tp-features/tp-metroplus/a-game-of-cricket-closer-to-reality/article8124841.ece;
http://articles.economictimes.indiatimes.com/2016-01-31/news/70222599_1_irctc-website-tatkal-online-ticket-booking;
Funding Innovations
http://yourstory.com/2015/08/sme-lending-startups-address-unmet-financial-needs-attractingmillions-capital-investors/; http://articles.economictimes.indiatimes.com/2015-0306/news/59844613_1_capital-float-saif-partners-startups
Motherhood
statements
Find your
sweet spot and excel in it.
Change the way you play the game. Or change the game!
Personal and professional inter-mingle
Focus on the effort and outcomes like a better product
/service, happier employees /partners, satisfied & repeat
customers... Monetary and material success is a logical
consequence.
Keep learning, innovating, changing, adapting, & to move on
Saraswati Lakshmi correlation!
38
And finally
Thank You
References
Center for Entrepreneurial Leadership, BITS Pilani
Prof Parameshwar P Iyer, Indian Institute of Science
Tyler Elliston http://
bplan.berkeley.edu/index.cfm?section=Resource%20Center TiE members / sessions
Infoedge
http://www.walterhottinga.com/organization-development/greinerevolution-revolution-growth-model-for-organizations/
http://www.pittsburghfuture.com/innovation/entrepreneurs.html
Various magazines