Entrepreneurship, Entrepreneurs and Startups

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Entrepreneurship, Entrepreneurs and Startups is a presentation talking about contemporary entrepreneurs and startups. Also lists events and other stuff where people wanting to start can look for help.

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Entrepreneurship, Entrepreneurs and Startups

  1. 1. Entrepreneurship Entrepreneurs & Startups This is what it takes to create wealth for Good! Prakash B Pimpale CDAC Mumbai
  2. 2. Entrepreneurship: Act of being an entrepreneur - wikipedia defines entrepreneur as one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goodsEntrepreneurs
  3. 3. SkillsTechnical skillsDomain specific hard skills Biz Management skillsCommunication Planning, formulating Entrepreneurial skillsCo-ordinating in team Goals, decision-making, Risk-seekingInterpersonal relations motivating, marketing, Innovation accounting, negotiation Change-orientation Persistence Visionary
  4. 4. How It Goes➢ For some reason you think of starting on your own➢ You get a chance to work on it➢ You start➢ You fail and succeed iteratively➢ You raise funding [Angel/Venture Capital]➢ You scale➢ You sale or you are all set for an IPO
  5. 5. What Exists and What may Excel
  6. 6. Contemporary Startups➢ Flipkart, Infibeam : Books, Electronic Stuff, Gifts, etc.➢ Bookmyshow, Bookmytrainings : Bookings➢ Makemytrip, Cleartrip, Redbus : Travel Booking➢ Dealface, Groupon : Group Buying, Daily Deals➢ Facebook, Twitter : Social➢ Naukari, Jeevansathi : Hunt➢ Paypal : Payment Gateway➢ Desicrew : Rural BPO➢ RangDe, Inkfruit, Airtel, Google, JustDial, NIIT
  7. 7. Next big➢ Analytics - Mu Sigma (Rs 580 crore from Sequoi and General Atlantic)➢ Online Docs – zoho➢ Social Net - Custom social nets➢ Electronic Commerce – Buildabazaar, firstcry.com➢ Daily Deals/group buying – Groupon, mydala, daily deals, snapdeals➢ Telcom – Internet, applications, low cost services [?]➢ Non Tech- Agriculture, Health Care, Human resource/staffing, transport, banking, food, Clean tech (Solar, environment friendly products) ?
  8. 8. Where to start
  9. 9. Online forums➢ NASCOM Emerge Community➢ National Entrepreneurship Network➢ Pluggd.in➢ iamstarting – interviews with founders➢ TechCrunch➢ open Coffee clubs / POCC➢ Paul Graham Essays (Y Combinator)
  10. 10. Offline Stuff➢ Magazines : Entrepreneur, DARE, Udyojak (Marathi)➢ Books: Many out there, For starters- books by Rashmi Bansal Read anything and every thing that interests you : An entrepreneur always looks for an opportunity in everything, almost everything!
  11. 11. Events➢ Startup saturday➢ Proto.in➢ StartUp city➢ iWeekend➢ Startup Garage, pune➢ NASSCOM Emerge➢ TiE – The Indus Entrepreneurs➢ Tata Jagriti Yatra
  12. 12. Funding➢ Venture Capital: Sequoi capital, Cannon Partners, (Vinod) Khosala Ventures➢ Incubators (SINE IITB/CIIE IIMA)➢ Angel Investors – Mumbai Angels, Indian Angel Network➢ Public – NSE/BSE Seed.Early.Growth
  13. 13. Government Initiatives➢ National Science & Technology Entrepreneurship Development Board (NSTEDB), DST India➢ Technology Development Board (TDB), DST India➢ Incubators at IIMA, IITB, NCL Pune and many more by TDB➢ National Innovation Foundation – Competitions, Joint Product Development, ideas, Patenting
  14. 14. Why is this right time to start➢ for technology startups – opensource, digitisation, user maturity, funding➢ for non tech startups – low cost processing with automation, focus on core business, consumerism and growing incomes, awareness about the standard of living, funding
  15. 15. Any ideas?Thank you!

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