Entrepreneurship – a perspective & Introduction of Thinkube

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I used these slides for a presentation i made at the career guidance workshop organized by AVYC, Pune on July 14th, 2013. The idea was to encourage and promote entrepreneurship among the youngsters; to make a point that "working for a big company" is not the only career option for fresh graduates. I also presented Thinkube, an initiative that helps first-time business men.

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Entrepreneurship – a perspective & Introduction of Thinkube

  1. 1. Copyright of Thinking Hut IT Solutions Pvt Ltd 1 Entrepreneurship – A Perspective Uday Bhaskarwar uday.Bhaskarwar@thinkinghut.com
  2. 2. Copyright of Thinking Hut IT Solutions Pvt Ltd Slide 2 A Loud Statement Want to make it REALLY big? Stop working!
  3. 3. Copyright of Thinking Hut IT Solutions Pvt Ltd Slide 3 Success stories in technology space… Google Yahoo! Facebook Microsoft Hotmail
  4. 4. Copyright of Thinking Hut IT Solutions Pvt Ltd Slide 4 What’s common about all these stories?
  5. 5. Copyright of Thinking Hut IT Solutions Pvt Ltd Slide 5 Let’s take a deeper look… • Google – Started in Stanford by Larry Page(23) & Sergey Brin(23) • Yahoo! – Started in Stanford by Jerry Yang(26) & David Filo(28) • Facebook – Started in Harvard by Mark Zuckerberg(20) • Microsoft – Started by Harvard dropout Bill Gates(20) & Paul Allen(22) • Hotmail – Founded by Sabeer Bhatia(28)
  6. 6. Copyright of Thinking Hut IT Solutions Pvt Ltd Slide 6 What’s common about all these people?• All are billionaires! • All started young • All had opportunity to get “good” jobs • It all happened in the US
  7. 7. Copyright of Thinking Hut IT Solutions Pvt Ltd Slide 7 Money, Glory & Satisfaction…
  8. 8. Copyright of Thinking Hut IT Solutions Pvt Ltd Slide 8 Making money…
  9. 9. Copyright of Thinking Hut IT Solutions Pvt Ltd Slide 9 Satisfaction…
  10. 10. Copyright of Thinking Hut IT Solutions Pvt Ltd Slide 10 Why is it not happening in India? Cultural Issue Focus of Academia Ecosystem Social Pressure Priorities
  11. 11. Copyright of Thinking Hut IT Solutions Pvt Ltd Slide 11 The good news… Hawa badal rahi hai…
  12. 12. Copyright of Thinking Hut IT Solutions Pvt Ltd Slide 12 Badalti Hawa… • More youngsters are opting for entrepreneurship as their “first job” • More parents are supportive • Academia is pitching in • Incubation centers • Individuals are pitching in • Success stories are already there • Redbus.in – • Started by Phanindra Sama(25), Sudhakar Pasupunuri and Charan Padmaraju • Got acquired in 7 years • Got acquired for around Rs 700cr
  13. 13. Copyright of Thinking Hut IT Solutions Pvt Ltd 13 A small attempt to support Entrepreneurship
  14. 14. Copyright of Thinking Hut IT Solutions Pvt Ltd Slide 14 Thinkube tries to address following… • I have a great idea. How do I get started? • I have an idea. Can someone hear me out and guide me? • I have the passion and I will do whatever it takes. Can someone give me a good idea to work with? • How do I articulate my idea in a commercial way (business plan)? • How do I set up my company? What are the compliance requirements? • Can I get a small office with all the infrastructure? • Can I get some funds to build my business and also to survive?!
  15. 15. Copyright of Thinking Hut IT Solutions Pvt Ltd Slide 15 What can Thinkube provide? Plain Gyan! Review your ideas critically Ideas to work with! Help with business planning Financial Support – equity or loan Operational Support Infrastructural Support
  16. 16. Copyright of Thinking Hut IT Solutions Pvt Ltd Slide 16 What Thinkube can’t provide… • Passion & commitment (you need to bring these with you!) • Do sales and marketing for you • Lotsa mullah or growth funding • We are not a VC fund
  17. 17. Copyright of Thinking Hut IT Solutions Pvt Ltd Slide 17 Is it just plain talk? • These are early days - Launched on June 25th, 2013 • We already have a “Kube” • Campus Diaries (http://www.campusdiaries.com) • Thinkube’s role • Advisory • Funding for minority stake • In discussion with others…
  18. 18. Copyright of Thinking Hut IT Solutions Pvt Ltd Slide 18 Revisit the Loud Statement Want to make it really big? Stop working for others… Work for yourself…
  19. 19. Copyright of Thinking Hut IT Solutions Pvt Ltd 19 Q & A Contact us at info@thinkubeindia.com Website www.thinkubeindia.com
  20. 20. Copyright of Thinking Hut IT Solutions Pvt Ltd 20 Q & A Contact us at info@thinkubeindia.com Website www.thinkubeindia.com

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