Stay hungry stay foolish book review
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Stay hungry stay foolish book review Stay hungry stay foolish book review Presentation Transcript

  • Stay hungry stay foolish Ms Rashmi Bansal By:- Kapil Rajput GR No:- 84 Chetan Panara GR No:- 86
  • About Author• Rashmi Bansal is a writer, entrepreneur and youth expert• She is the author of two bestselling books on entrepreneurship – Stay Hungry Stay Foolish – Connect the Dots – I Have a Dream, on social entrepreneurs, is releasing in Mid 2011• She is co-founder and editor of JAM (Just Another Magazine)• She is a columnist on popular Indian news portal• She is a consultant for international youth research agencies such as The Futures Company (a division of WPP, London ) and Flamingo Research (Singapore )• She has been a guest lecturer at various business schools of repute including IIM Ahmedabad, IIM Bangalore, ISB, S P Jain
  • What is the book about?• It is about 25 IIMA graduates• Who chose the rough road of entrepreneurship• Diverse in age, in outlook and the industries they made a mark in it• One thing in common: they believed in the power of their dreams• Seeks to inspire young graduates to look beyond placements and salaries• Parts in which story is divided: – The Believer – The Opportunist – The Alternate Vision
  • Sanjeev BhikchandaniPGP’89
  • THE BELIEVER About him The birth of a new venture Hurdles on the way to success Milestone “Different people measure success Differently”
  • Advise by Sanjeev Bhikchandani Be early & do not exaggerate. Get great people. Don’t start business to make money. Spot opportunities. Get smart people. Your choices affect family.
  • Shantanu Prakash PGP’88Rock with it, Roll with it
  • THE BELIEVER Family Background Education 1st Company – Delhi Stock Exchange Launch of a new Company Start of EDUCOMP Struggle Educomp’s Revenue
  • Advise by Shantanu Prakash Risk-reward equation. Business better than job for IIM-A. Do what interests you.
  • Nirmal Jain PGP’89It’s all about THE HONEY
  • OPPORTUNIST Mr. Nirmal Jain Chairman & MD 1989-1994 Hindustan Lever Ltd 1994- “Inquire” 1995- “Probity Research & Services Pvt. Ltd. 1995-1999 Tough time 1999- All or Nothing Made profit of rupees 10 lakhs
  •  Mr. Venkataraman- Co Promoter 2000- Raised $ 5 million Stock Market & NASDAQ crashed 2001-2003 Dotcom Bubble Burst “Paani Chala Gaya” 2003- 7.5 Crores 2007- 160 Crores 2009- 152 Crores
  • Advise by Nirmal Jain Build a core team. Be prepared to fall. Don’t attach emotions with business. Do job before starting business. Only one leader.
  • DeepKalra PGP’92 Tripping
  • OPPORTUNIST Introduction of Mr. Deep Kalra His thought for his MBA degree What make him Learn New Things Idea Generation for Make my Trip.Com Decision making Number of Employees Competitors of the initial stage Identification of Markets Changes are part of every Business Current features of Make my Token of advice to the Entrepreneurs
  • Advise by Deep Kalra Choose your field very carefully. Plan your funding very carefully. It’s all about people. Make friends at work. Don’t focus too much on exits.
  • S.B.DangayachPGP’72 A Sense of
  • The Alternate Vision Introduction. Joined Asian Paints in 1972 at 20 years of age. In 1974, joined Bharat Vijay Mills Pvt. Ltd. New Plastic Venture.
  • Advise by S.B.Dangayach Convergence between what conscience tells & what you do. Do what your conscience tells you.
  • Vijay MahajanPGP’81
  • The Alternate Vision Introduction Sense of addressing to issues of inequality & social justice. Worked with Philips after graduation & joined IIMA in 1981. Worked with N.G.O. like FAIR & ASSEFA. Birth of PRADAN in 1983. Left PRADAN on 31st December,1990. Back to India & shifted to Hyderabad.
  •  Birth of Basix in 1996. Successful working by 1998-99. Shocking results of assessment study in 2002. Business successful in 2007. Overall Personality.
  • Advise by Vijay Mahajan Get up & walk every time you fall down. Persist in operational difficulties. Learn from experience, from critics, from competitors, from failures, from summer trainees, from mother-in-law & from regulations. Interacting with our eco-system.