Category: Education

Education, Motivations

7 Lessons from Building a $15-Million-a-Year Lifestyle Business with No Loans, VCs or Angel Money

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I started with $2,000, lost money in the first two months, became profitable in the third month and just kept reinvesting profits into the company.

But the upside is total 100% ownership and a company that is built around my lifestyle, which means that it has never felt like “work”.

This is important to me. I’m a lifestyle entrepreneur. Mindvalley was built around my passions – meditation, personal growth, play, culture, travel and epic interior design (our offices are magical). Having total ownership means I’m not pressured by partners, boards or investors to deliver something that I’m not passionate about.

Click Here for some real life lessons

Education, People / Stories

10 Top Reasons Why First-Time Entrepreneurs Fail

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“For entrepreneurs — especially those just starting out — businesses succeed as much as they fail. I’ve seen this time and again as a mentor and entrepreneur. But statistics also suggest that the failure rate for new startups within the first five years is as high as 50 percent.

Of course, real entrepreneurs treat business failure as a milestone on the road to success. They count on learning from their mistakes, and use the experience to move to the next idea. But why not learn from the mistakes of others, without all the pain and suffering?

Here is my list of 10 top startup failure causes — and how to avoid them:

Click Here for the story from Entrepreneur

Education, Motivations, Startups

Why Startups Fail

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An entrepreneur recently asked me why startups fail. Startups fail because they run out of money. You’re probably thinking, “Tell me something I don’t already know!” Read on and you’ll see that statement is deceptive in its simplicity

This post is based both on my experience as an investor and as entrepreneur (when I’ve boot-strapped and venture-funded). The following are the key reasons :

  1. They spend too much on sales and marketing before they’re ready.
  2. The market outpaces the startup’s ability to execute.
  3. The market takes too long to develop. 
  4. Risky Business

It’s not just how fast you run the race that matters. It’s how fast the race is run. When it comes to startups, speed wins. But if you’re still early, don’t increase your burn and overspend on sales and marketing before you’re ready. Sometimes you have to slow down to speed up.

Click Here for some great learning experience from David Feinleib

Calendar, Education

Invitation to attend Intellectual Property Tool Kit Session for Startup Entrepreneurs!

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Have you been in situations faced with any of these questions?

  • How do I profit from my intellect & know how
  • Is my organisation compliant with Intellectual Property laws
  • How do I protect my technology/brand/creative work

 

Then, IP Tool Kit for Start up Entrepreneurs is just for you!!

In association with BENCIL, presents:

IP Tool Kit for Start up Entrepreneurs

A two hour interactive session, stressing on the basics of Intellectual Property in the context of start ups. The speaker will share useful insights on the importance of IP for up and coming businesses and will help answer the questions lingering in the minds of innovators.

Takeaways: Master Copy of the workshop material and other relevant documents and possible solutions to all your IP-related queries!

Also, a chance to get advice on your specific IP challenges!! 3 entrepreneurs will get an opportunity to avail expert advice on their specific IP challenges through a 20-minute one on one session with the expert.  These 3 will be chosen on a first-come-first-served basis. 

Expert: Rajeev Surana

Patent Attorney & Founder, Scinnovation Consultants Pvt. Ltd.

Rajeev Surana is an Engineer & Marketing management (XIM) graduate by qualification and a registered Patent Attorney with the Indian Patent Office. He has been involved with the R&D and Innovation sector in India for a decade now and specializes in commercialization of ideas by helping build business partnerships with different stakeholders. He is passionate about taking “technology & design ideas to the market” by working with Individual Innovators, Entrepreneurs, Incubators & Research Institutes on ‘idea protection to commercialization’. A regular contributor to Yourstory.in on IP & Innovation as also a board member of Licensing Executive Society, India chapter and Patent Agents Association India. He is currently involved in writing a book on “Protect your Idea” and loves to run on Mumbai roads & Marathons.

 

Date                 :    Saturday, 10th March 2012

Time                :   10:30 am to 1.30 pm

Registration Fee: INR 150 (On the spot)

Venue                  : Fr.Conceicao Rodrigues College of Engineering- Bandra, Mumbai

Agenda:

 

10:30-11:00: Registration

11:00-12:45: Interactive Session

1.00 -1:30: One-on-One Session with expert

1:00 – 2:00: Networking over Tea and Snacks

 

Please confirm your participation by filling the application form

 

For further details, contact:

Waridhi Joshi

Ph: 9819708221 or e-mail at eclub.mum@nenonline.org

 

Prerana Manvi

Ph: +91 9845228630 or e-mail at prerana@nenglobal.org

 

We look forward to seeing you at the session!

Warm regards,
Leadership council, E Club Mumbai
NEN Secretariat


Education, Startups

National Skills Development Corporation

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National Skills Development Corporation (NSDC)

NSDC is a first-of-its-kind Public Private Partnership (PPP) in India set up to facilitate the development and upgrading of the skills of the growing Indian workforce through skill training programs. A large part of the organisation’s efforts are directed at the private sector and towards developing the skills in the unorganised sector in India. NSDC supports skill development efforts, especially in the unorganised sector in India by funding skill training and development programmes. It also engages in advocacy and training programmes, in-depth research to discover skill gaps in the Indian workforce, and developing accreditation norms. To know more, click here.

Education

Workshops for Entrepreneurs

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NSDL Database Management Ltd. has announced public programs which can be availed of by entrepreneurs, executives and investors. The following is the schedule for workshops during September-October 2011

Program Name Date Location Fees* Rs.
Equity Investing for Small Investors 10/09/2011 Thane 1,700
Understanding Financial Statements 12/09/2011 Central Mumbai 3,500
Finance Essentials for Business Managers 15/09/2011 Central Mumbai 3,500
Managing Costs 21/09/2011 Central Mumbai 3,500
Financial Planning and Wealth Accretion 22/09/2011 Central Mumbai 1,700
Communication Skills 23/09/2011 Central Mumbai 2,200
Equity Investing for Small Investors 01/10/2011 Western Suburb 1,700
Financial Planning and Wealth Accretion 08/10/2011 Central Mumbai 1,700
Finance Essentials for Business Managers 12/10/2011 Western Suburb 3,500
Understanding Financial Statements 13/10/2011 Western Suburb   3,500
Communication Skills 15/10/2011 Central Mumbai 2,200
Managing Costs 19/10/2011 Central Mumbai 3,500
Income tax for entrepreneurs

 

 20/10/2011 Central Mumbai 2,200

* including taxes, lunch, course material

 

Registration details : Registration & payment closes 3 working days prior to the respective program. Cheques may be drawn in favour of ‘NSDL Database Management Ltd.’. For program details and registration contact Shubhada on 022 40904450/Charuta 022 40904720 or email us on shubhadak@nsdl.co.in or charutab@nsdl.co.in. Please visit our website www.ndml.in

Click Here to download the registration form

 

Education, News

Enterprise Creation and Growth

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Post Graduate Diploma in Management (Executive) – Enterprise Creation and Growth(PGDM – Executive)

The fast paced competitive world of today demands professionals to continue escalating their own standard and reinventing ways and means to compete. To enable Managers, Successors of Family Business and Entrepreneurs redefine their parameters and thus success. Entrepreneurship Development Institute of India annouces a comprehensive fifteen months, full-time Executive Development Programme, “Post Graduate Diploma in Management – Enterprise Creation and Growth (Executive PGDM)” duly approved by AICTE, Ministry of HRD, Govt. of India.

Programme Objectives :

It is a unique programme designed to provide an in-depth understanding of the field of enterprise creation and management.

  • It helps family business successors to sharpen their entrepreneurial and managerial skills.
  • It enhances knowledge, skills and capabilities of participating executives to enable them create, manage and lead a business organization entrepreneurially.
  • It also facilitates professionals in developing their intrapreneurial skills to establish the culture of corporate entrepreneurship.

Click Here for more

 

Business Ideas, Education

Fellowships for Outstanding Persons in Culture

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GOVERNMENT OF INDIA – MINISTRY OF CULTURE
SCHEME FOR THE AWARD OF FELLOWSHIPS TO OUTSTANDING PERSONS IN THE FIELD OF CULTURE
Ministry of Culture operates the Scheme for the Award of Senior/Junior Fellowships for undertaking research oriented projects in the fields of Performing, Literary and Plastic Arts as also New Areas related to Culture. The Scheme has recently been revised and, starting from the year 2010-11, 400 Fellowships (200 Senior Fellowships of the value of Rs. 20,000/- per month and 200 Junior Fellowships of the value of Rs. 10,000/- per month) will be awarded every year.
Applications are invited from eligible persons for award of Senior/Junior Fellowships for the year 2010-11. Details of the Scheme, instructions for applicants and format of the application form can be downloaded from the website of the Ministry: http://www.indiaculture.nic.in
Applications, duly completed in all respects, may be addressed to Section Officer (S&F), Ministry of Culture, Government of Indi.a, 2nd Floor (Backside), NAI Annexe Building, Janpath, New Delhi-11 0001, with “Application for Junior Fellowship” or “Application for Senior Fellowship”
clearly superscribed on the envelope, and sent only by Registered Post or Speed Post, so as to reach on or before the last date of receipt of applications. For any clarification, please contact Section Officer, S&F Section at Telephone No. 011-23389608.

28th February, 2011 is the last date for receipt of applications.

Education, Motivations

Research Fellowships and Young Investigator Awards

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Regional Centre for Biotechnology
an institution of education, training & research (Established by the Dept. of Biotechnology, Govt. of India, under the auspices of UNESCO)

Research Fellowships and Young Investigator Awards

Research Fellowships: Applications in prescribed format are invited from post-graduate candidates who have obtained M Sc in any discipline of the sciences/ MBBS / M Pharma / M Tech / MVSc, as Junior Research Fellows
(JRFs) leading to a PhD degree.

RCB-Young Investigator Awards: Young scientists  (below age of 35) having Ph 0 degree (or likely to complete in next 3 months) in any discipline of science are invited to send their application in the prescribed format to work under the mentorship of senior faculty as ReS-Young Investigator.

Interested candidates should see full advertisements on website (www.rcb.res.in). Last date for receipt of completed applications is 31 st December, 2010.