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Introduction to Glocal
Projects and Ideapreneurship
08 06 18
1
Covers
 Indias’ Job problem
 Our Students - Todays’ Millennials
 The Startup Ecosystem
 About Girish Batra
 About Glocal Projects
 About Ideapreneurship Program
 Q&A
2
Index
 Indias’ Job problem
 Our Students - Todays’ Millennials
 The Startup Ecosystem
 About Girish Batra
 About Glocal Projects
 About Ideapreneurship Program
 Q&A
3
4
5
6
So India has a Job problem !!
7
ON TOP OF IT
WE HAVE JOB
LOSS DUE TO
TECHNOLOGY
8
9
Index
 Indias’ Job problem
 Our Students - Todays’ Millennials
 The Startup Ecosystem
 About Girish Batra
 About Glocal Projects
 About Ideapreneurship Program
 Q&A
10
How does a Job seeker solve it ?
11
Twenty million Indians
apply for 100,000 railway
jobs
JOIN THE RAT
RACE ??
12
or
Create a new Business
13
14
Are y(our) students ready?
15
94% of IT graduates not fit for
hiring: Tech Mahindra CEO – TOI
4th Jun 2018
16
Indian students/
Todays’ Millennials
Their perspective
17
18
50%+ college students want to start a
business or already have started one
634 startups in Bengaluru city just in IoT domain!!
19
Positives with college student
entrepreneurs/millennials
• Confident
• Have high expectations
• Have an intuitive understanding of newer
technologies
• Better suited to exploit social media
•Can be category creators(CC)
20
‘We are here to make a dent in
the universe. Otherwise why
even be here?’
Steve Jobs
21
Some role models
• Steve Jobs
• Bill Gates
• Mark Zuckerberg
• Larry Ellison
• Michael Dell
• Travis Kalanick
• Jan Koum
• Sanjay Vijaykumar
• Rahul Yadav …..
cc
cc
cc
cc
cc
cc
22
What can we expect 5-10
years from now?
23
Millennials will change the world
in a way no other generation has
24
25
Index
 Indias’ Job problem
 Our Students - Todays’ Millennials
 The Startup Ecosystem
 About Girish Batra
 About Glocal Projects
 About Ideapreneurship Program
 Q&A
26
Definition of a startup
A human institution designed to create new products
and services under conditions of extreme uncertainty
27
Stages of a startup are..
28
…similar to ….
29
….Stages of a tree
30
Seed Sprout
Embryotic
shoot
Seedling Sapling
MAXIMUM
RISK OF
DAMAGE
31
Stages of a startup
32
Idea
Proof of
Concept
Founder(s)+
skeletal team
Ist Rs.4L+
turnover in
a month/ 1
L+ users
2
continuous
quarters of
EVA
Failed
-
STOP
Failed
-
STOP
Failed
-
STOP
Failed
-
STOP
Seed Fund
Angel Fund VC Fund
or
Failed
-
STOP
Vacuum
preferred
33
34
Another reality..
35
Only 1.5 out of 100 startups
survive 1000 days
* Global Statistic..source CB Insights
36
VCs lost money in 9 out of 10
startups they funded
37
38
* Global Statistic..source CB Insights
With time some persons/orgns
will need to solve this problem
THRU PROCESS
39
Index
 Indias’ Job problem
 Our Students - Todays’ Millennials
 The Startup Ecosystem
 About Girish Batra
 About Glocal Projects
 About Ideapreneurship Program
 Q&A
40
About Girish Batra (past)
• BE(Electronics), MBA(Mktg) NMIMS
• 13 years in Consumer Durables industry
• Last stint as Director(West) for Whirlpool managing P&L for a 550cr business
• 7 years in a B2B company Threads India part of Lohia group
• Exited as CEO, turned around co, Turnover grew from 50cr to 145cr in 7 yrs
• Visiting faculty at NMIMS, Mumbai
• Marketing Strategy, Services Marketing, Infotech marketing
• Co-founder of a startup in real estate which raised seed capital of Rs1cr
• Shut down after 3.5 years as not able to scale
41
About me (present)
3 sections, 60 chapters
1. Behaviour
2. Technique(Process)
3. Culture
LIVE BOOK
42
2018
About Glocal Projects
43
Use/Teach Design Thinking to validate an Idea and
develop a strong Proof of Concept with product
market fit incubated in an INNOVATION SANDBOX
Glocal Projects - Vision
To partner and be responsible for 100+ successful start-ups in India in
10 years. Each of the startups will have a unique and proven Idea,
create explosive value and is competitive Glocally
44
Our Role Model
What is Glocal Projects
searching for ?
45
1. EXPLOSIVE IDEAS(EI)
46
2. SOCIAL IDEAS(SI)
47
One needs to search for a
PAIN/Problem area which
is begging for a solution
48
Which is a good idea?
49
There is no such thing as a
good or bad idea 
50
There is an unrefined idea
and ..
51
There is a
REFINED IDEA
52
And then there is TIMING
53
One has to ride the wave
by part understanding it
part fuelling it
54
Why not go it alone?
Google story
55
So its a jugalbandi
Between youth and experience
Between passion and prudence
Between speed and maturity
56
Key values
of Glocal projects and participating
ideapreneurs
57
58
• Ownership shared (salary, perks?, small % of
earnings)
• Trust 1000%
• Integrity.. we will choose the correct path
• Debtors and Creditors – Glocal ownership
• Spending from capital - diligently, conscientiously,
carefully & thoroughly
• Spending from earnings – compassionately,
empathically, prudently
• Slow and Steady – never take part in any race
59
Index
 Indias’ Job problem
 Our Students - Todays’ Millennials
 The Startup Ecosystem
 About Girish Batra
 About Glocal Projects
 About Ideapreneurship Program
 Q&A
60
2 Stages
• Stage 1
• Free 90 minute session on Introduction to Ideapreneurship
• Stage 2
• 5 sessions of 120 minutes each spread over 5 weekends
• At the end of the program the student will have a working and validated
prototype of his idea in the form of a product, video or story
• Investment – Rs 2000/- + GST per student
• Location – If >15 students from a college- Respective college, if <15 students
from a college - 91springboard MG road
61
62
STRONG IDEAS SOLVING REAL
WORLD PROBLEMS WILL BE
SELECTED TO BE INCUBATED BY
GLOCAL PROJECTS OR ITS
PARTNER COMPANIES
63
Case studies
• Delhi College of Engg
• BITS Pilani Goa
• IIT Mumbai
• Manipal Inst of Technology
• Kochi university
64
Colleges /Eco-system had a minor role to play in their endeavour
Colleges/Eco system can play a larger and more organised role
for Students planning to be Entrepreneurs
THANK YOU
65

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Introduction to Glocal projects and Ideapreneurship 080618

  • 1. Introduction to Glocal Projects and Ideapreneurship 08 06 18 1
  • 2. Covers  Indias’ Job problem  Our Students - Todays’ Millennials  The Startup Ecosystem  About Girish Batra  About Glocal Projects  About Ideapreneurship Program  Q&A 2
  • 3. Index  Indias’ Job problem  Our Students - Todays’ Millennials  The Startup Ecosystem  About Girish Batra  About Glocal Projects  About Ideapreneurship Program  Q&A 3
  • 4. 4
  • 5. 5
  • 6. 6
  • 7. So India has a Job problem !! 7
  • 8. ON TOP OF IT WE HAVE JOB LOSS DUE TO TECHNOLOGY 8
  • 9. 9
  • 10. Index  Indias’ Job problem  Our Students - Todays’ Millennials  The Startup Ecosystem  About Girish Batra  About Glocal Projects  About Ideapreneurship Program  Q&A 10
  • 11. How does a Job seeker solve it ? 11
  • 12. Twenty million Indians apply for 100,000 railway jobs JOIN THE RAT RACE ?? 12
  • 13. or Create a new Business 13
  • 14. 14
  • 15. Are y(our) students ready? 15
  • 16. 94% of IT graduates not fit for hiring: Tech Mahindra CEO – TOI 4th Jun 2018 16
  • 18. 18
  • 19. 50%+ college students want to start a business or already have started one 634 startups in Bengaluru city just in IoT domain!! 19
  • 20. Positives with college student entrepreneurs/millennials • Confident • Have high expectations • Have an intuitive understanding of newer technologies • Better suited to exploit social media •Can be category creators(CC) 20
  • 21. ‘We are here to make a dent in the universe. Otherwise why even be here?’ Steve Jobs 21
  • 22. Some role models • Steve Jobs • Bill Gates • Mark Zuckerberg • Larry Ellison • Michael Dell • Travis Kalanick • Jan Koum • Sanjay Vijaykumar • Rahul Yadav ….. cc cc cc cc cc cc 22
  • 23. What can we expect 5-10 years from now? 23
  • 24. Millennials will change the world in a way no other generation has 24
  • 25. 25
  • 26. Index  Indias’ Job problem  Our Students - Todays’ Millennials  The Startup Ecosystem  About Girish Batra  About Glocal Projects  About Ideapreneurship Program  Q&A 26
  • 27. Definition of a startup A human institution designed to create new products and services under conditions of extreme uncertainty 27
  • 28. Stages of a startup are.. 28
  • 30. ….Stages of a tree 30
  • 32. Stages of a startup 32
  • 33. Idea Proof of Concept Founder(s)+ skeletal team Ist Rs.4L+ turnover in a month/ 1 L+ users 2 continuous quarters of EVA Failed - STOP Failed - STOP Failed - STOP Failed - STOP Seed Fund Angel Fund VC Fund or Failed - STOP Vacuum preferred 33
  • 34. 34
  • 36. Only 1.5 out of 100 startups survive 1000 days * Global Statistic..source CB Insights 36
  • 37. VCs lost money in 9 out of 10 startups they funded 37
  • 39. With time some persons/orgns will need to solve this problem THRU PROCESS 39
  • 40. Index  Indias’ Job problem  Our Students - Todays’ Millennials  The Startup Ecosystem  About Girish Batra  About Glocal Projects  About Ideapreneurship Program  Q&A 40
  • 41. About Girish Batra (past) • BE(Electronics), MBA(Mktg) NMIMS • 13 years in Consumer Durables industry • Last stint as Director(West) for Whirlpool managing P&L for a 550cr business • 7 years in a B2B company Threads India part of Lohia group • Exited as CEO, turned around co, Turnover grew from 50cr to 145cr in 7 yrs • Visiting faculty at NMIMS, Mumbai • Marketing Strategy, Services Marketing, Infotech marketing • Co-founder of a startup in real estate which raised seed capital of Rs1cr • Shut down after 3.5 years as not able to scale 41
  • 42. About me (present) 3 sections, 60 chapters 1. Behaviour 2. Technique(Process) 3. Culture LIVE BOOK 42 2018
  • 43. About Glocal Projects 43 Use/Teach Design Thinking to validate an Idea and develop a strong Proof of Concept with product market fit incubated in an INNOVATION SANDBOX
  • 44. Glocal Projects - Vision To partner and be responsible for 100+ successful start-ups in India in 10 years. Each of the startups will have a unique and proven Idea, create explosive value and is competitive Glocally 44 Our Role Model
  • 45. What is Glocal Projects searching for ? 45
  • 48. One needs to search for a PAIN/Problem area which is begging for a solution 48
  • 49. Which is a good idea? 49
  • 50. There is no such thing as a good or bad idea  50
  • 51. There is an unrefined idea and .. 51
  • 53. And then there is TIMING 53
  • 54. One has to ride the wave by part understanding it part fuelling it 54
  • 55. Why not go it alone? Google story 55
  • 56. So its a jugalbandi Between youth and experience Between passion and prudence Between speed and maturity 56
  • 57. Key values of Glocal projects and participating ideapreneurs 57
  • 58. 58
  • 59. • Ownership shared (salary, perks?, small % of earnings) • Trust 1000% • Integrity.. we will choose the correct path • Debtors and Creditors – Glocal ownership • Spending from capital - diligently, conscientiously, carefully & thoroughly • Spending from earnings – compassionately, empathically, prudently • Slow and Steady – never take part in any race 59
  • 60. Index  Indias’ Job problem  Our Students - Todays’ Millennials  The Startup Ecosystem  About Girish Batra  About Glocal Projects  About Ideapreneurship Program  Q&A 60
  • 61. 2 Stages • Stage 1 • Free 90 minute session on Introduction to Ideapreneurship • Stage 2 • 5 sessions of 120 minutes each spread over 5 weekends • At the end of the program the student will have a working and validated prototype of his idea in the form of a product, video or story • Investment – Rs 2000/- + GST per student • Location – If >15 students from a college- Respective college, if <15 students from a college - 91springboard MG road 61
  • 62. 62
  • 63. STRONG IDEAS SOLVING REAL WORLD PROBLEMS WILL BE SELECTED TO BE INCUBATED BY GLOCAL PROJECTS OR ITS PARTNER COMPANIES 63
  • 64. Case studies • Delhi College of Engg • BITS Pilani Goa • IIT Mumbai • Manipal Inst of Technology • Kochi university 64 Colleges /Eco-system had a minor role to play in their endeavour Colleges/Eco system can play a larger and more organised role for Students planning to be Entrepreneurs