Archive for the ‘Education’ Category
Thanks to the combination of an engineering school that is as brutally difficult to get into as any in the world, Mumbai’s famed spirit of ‘dhanda’, and relatively low rentals, a new breed of risk-taking, entrepreneurial talent is turning Powai – which once lay sleepily around a picturesque lake – into India’s new hotspot for start-ups. It already houses more than 50 start-ups, and there are many others lining up to enter. (In a nod to its emergence as a business hotspot, a bunch of new upmarket pubs and restaurants have sprung up.)
While some of these ventures are bootstrapping, others are flush with funds but together they fuel an ecosystem which, venture capitalists say could, possibly be India’s answer to Silicon Valley and London’s Silicon Roundabout.
What is brewing in Powai Valley, a moniker given by VCs, is unlike Bangalore and the NCR, largely because most of the start-ups in Powai are in the consumer space whether it’s internet or mobile. Also, the Mumbai suburb is supported by talent coming from IIT-B, giving it an edge over other cities, in the long run.
Click Here for the details of how IIT-B is setting up an entrepreneurship center
Here are 20 business lessons that might just save you a headache -
1. You can’t do everything on your own
2. You may think your product is perfect, your clients won’t
3. Do one thing really well
4. Get paid before you hand over a project to your client
5. Undercharging is not sustainable in the long run
6. Patience and sustainability help you tide over hard times
7. Build for your actual market
8. Never enter a partnership without a buy / sell agreement
And many more………….
Click Here for the full story at Forbes
Midas Consulting (UK) in partnership with E-Cell, IIT Bombay is proud to present a two day certification workshop on Lean Entrepreneurship Program on 9th & 10th November, 2013 at IIT, Powai.
Bring your Ideas, Implement your Ideas & learn to monetize Your Ideas with Jamie Dunn, George Abraham & other VCs.
Learn how to accelerate your business growth with least funds from international & national investors
1. Start and accelerate your business with right funds in a Lean way.
2. Certified workshop from ECell , IIT Bombay& Midas Consulting (UK) Ltd.
3. Get your business plan reviewed by Venture Capitalist.
4. 3 months online training.
5. Networking with International VC.
For the details of the program visit : http://midasconsulting.co.uk/leanentrepreneurship/
Major SMEs/Entrepreneurs have learned from our trainings and gave us good feedback.
Please give us a call to discuss challenges you faced running your SME Company, and to see how Midas Consulting (UK) Ltd can help you. Shah you can call me on +91 9920740069 or just reply to this email and I will call you back ASAP.
I look forward to hearing from you!
Founder – Midas Consulting
International Consulting | International Recruitment.
Chairperson Innovation & Entrepreneurship cell
This site is dedicated to the thought that something as simple as fun is the easiest way to change people’s behaviour for the better. Be it for yourself, for the environment, or for something entirely different, the only thing that matters is that it’s change for the better. Use it at work, at home or just for fun !
The Play Belt
Can we ensure everyone keeps their safety belt on by making it fun to do? This is another of the ideas that made it to the final of the fun theory award, created by Nevena Stojanovic from Serbia. The idea is being tested in Sweden in the hope it could be applied to all vehicles in the future.
The Speed Camera Lottery
The winning idea of the fun theory award, submitted by Kevin Richardson, USA. Can we get more people to obey the speed limit by making it fun to do? This was the question Kevin’s idea answered and it was so good that Volkswagen, together with The Swedish National Society for Road Safety, actually made this innovative idea a reality in Stockholm, Sweden.
Visit the site www.thefuntheory.com for many more interesting ideas
With immediate effect, Microsoft will offer all startup related offerings in India under a single umbrella. In alignment with the recent Microsoft Ventures announcement, Microsoft India will now offer startups a single point of entry to engage with Microsoft through a broad-based and holistic approach–featuring a seed fund, an accelerator program and the community evangelism program called BizSpark.
Microsoft Ventures in India will be spearheaded by Mukund Mohan. Ravi Narayan, previously the Managing Director of MentorPartners, has joined the team and will be responsible for Microsoft Ventures Accelerator and its connections with other community initiatives. Kattayil Rajinish Menon will drive broad community engagements as part of the BizSpark program for startups with other accelerators, incubators, industry forums as well as Microsoft customers and partners in India.
Enclosed is a press release for more information - Microsoft India consolidates startup offerings
Hear one of the brightest minds
Join Mr. Atul Jain, CEO and Chairman of TEOCO, in our event “At What Price”, in a stimulating discussion on “How to create a successful technology product company”, as he shares his very own experiences as an entrepreneur who endeavoured and succeeded in creating one of the best telecom product companies.
In this discussion, Mr. Jain will be joined by eminent speakers, while the moderator for this event will be none other than Mr. Harsha Bhogle; cricketer, commentator and journalist.
TEOCO is a market leading multinational organization – with operations in the US, Israel, India and the UK –providing telecom network management solutions to some of the best tele-communication service providers worldwide founded by Mr. Atul Jain a visionary and an entrepreneur.
More details at www.teoco.com
About Atul Jain
It was Mr. Jain’s dream to build a successful business model and not just a successful business. His vision was to create and nurture an institution that did not compromise its values, while realizing its goals.Mr. Atul Jain today is considered to be one of the brightest minds in the telecom industry and Billing & OSS World has ranked Mr. Atul Jain as one of the 25 most influential people in the telecom software industry.
Eminent Panelists will be leading the panel discussion.
More details at www.atwhatprice.in
Balraj Sahani Marg,
|Date & Time
Monday, 15th of July 2013
Let us know if you plan to attend and if you are bringing guests.
Student Member INR 500.00
Non Member INR 1,200.00
1.Always start with a low cost operation : when you are a new player , keep your operations low cost . Run a tight ship (remember the 1st edition , Shane Warne was coach , mentor and capt all rolled in one) . Dont emulate your competition by matching up to their big pockets when you cant afford to . Just because your competition does it doesnt mean you have to do .
2.If you are the owner then be there : look how shilpa and raj are there at every fixture . If its still start of the business the owner entrepreneur needs to be seen with the team . Doesnt mean you supervise things but being there sends out a clear message to the team ‘ we are there and we care ‘
3.Get a Good CEO to run the ship : Remember Shane Warne and now Rahul Dravid , go out and find out the best in the business and hire them . Give them the freedom and watch them perform.
4.You dont need stars to be up there in the sky : Remember the first edition , Shane Warne lead a team of young talent to win the trophy . Names like Swapnil Asnodkar and Sohail Tanveer became house hold names.
5.Search , Groom and Promote young talent : Todays stars like Ravindra Jadeja ( Sir Jaddu ) and Yousuf Pathan all started in RR . Today they have upcoming stars like Sanju Samson , Dishant Yagnik and Manmeet Singh.
6.Have a blend of talent and experience : Today the team that delivers is a good balance between young talent and old experience . So while you have Shane Watson and Brad Hodge playing along with Stuart Binny and Sanju Samson.
7.There is no fixed formula for success : Look at the way RR experiments with its line up changing positions of key players . Experiment till you get the combination right . Just because something worked in a certain situation doesn’t mean it will work . If you are a tight ship it’s always better to build multifaceted talent . Which team could dare to select someone like Pravin Tambe at the age of 41 and who hasn’t played a single first class match . Never fear to experiment
8.Play the underdog tag : Look how smartly RR plays the underdog tag so as to shift pressure on the big boys . Leave the orange caps and the purple caps for others , let everyone perform . Keep the opposition guessing not knowing who is going to come out and perform today .
9.Be strong in your own backyard : RR’s record on its home ground is impeachable . so if you are a young company consolidate your position on your home turf . Dont let competition
10.Shit Happens : you may find a few bad eggs on your journey to success . Don’t let it bother your team . Talk to them on a one on one basis just like Rahul did and tell them to put it all behind. Remind them of the values the team stands for and convince them that nothing succeeds like success .