Webinar onstartup ecosystem

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rajesh.kulkarni@sigce.edu.in
Startup Ecosystem
Balaji Institute of Technology and Science
Warangal

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For this Webinar…
• Let us mute our speakers
• Any question put on chat window. All the
questions will be compiled by team BITS and
answers mailed back to you
• Few questions may be taken up during the
Webinar
• The next Webinars will cover funding agencies
and pitching for funding, Idea to Idea validation
etc.
• This Webinar will cover three aspects:
Sensitization, Do’s and Don’ts, Broad roadmap
• Some issue unmute 1-2 representatives, talk

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10. Coworking Spaces
wework, innov8, 91springboard, ignition
• High-speed internet, photo-scanning,
conference rooms pay per use plans.
• Ideal for small teams that need 24*7
access
• dynamic seat allocation system ideal for
freelancers and entrepreneurs
• networking events and wellness sessions
that are a regular feature to boost
motivation and enhance creativity
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11. Entrepreneur/ startup
• College student- fresh passout
• normal job I don’t want to do it
• I want freedom
• I don’t like reporting to a boss
• I don’t like deadlines, timings
• I will do a start-up
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13. Entrepreneur/ startup
before…
• responsibility is 10 times more
• all decisions your responsibility
• committed to the problem statement
• You should be convinced to your problem
statement
• It should personally affect you
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14. Entrepreneur/ start-up
before…
• get some exposure, training, internship
• Work if possible in a start-up
• Work under bosses with varied exposure
• Takeup or rather grab any work allotted
• Be flexible
• Stay late, gel well with the team
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15. Entrepreneur/ start-up
after…
• Initial enthusiasm. Always appear
upbeat
• in start-up if you get down the entire
start-up gets affected
• People will get affected by your
appearance.
• Your behaviour impacts everyone,
Always stay positive
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16. Entrepreneur/ start-up
after…
• Support sytem- people with experience
• update them about your activity
• Mock sessions for pitching, client talk
• Bring industry guests, Brainstorm
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17. Entrepreneur/ start-up
Success Mantra
• Idea versus execution- idea -20-25%,
execution-75-80%
• processes are the key to success
• Pricing plan, prototype, POC - ready
• Differentiating factor of Starup with any
other business is scalability
• Vision of the start-up should be grand 17

18. Entrepreneur/ start-up
Success Mantra
• scaling up or growing differentiator is
process orientation
• process orientation is the most boring
part in the start-up journey but the most
important
• . Persistence- how well you deal the
mundane tasks which are not so exciting
• It is not so exciting to run the business 18

19. Entrepreneur/ start-up
Success Mantra
• Replicate- chain of restaurants
challenges are different from one
restaurant
• Iteration/pivoting/agility- improvise on
model continuously
• . Persistence- how well you deal the
mundane tasks which are not so exciting
• It is not so exciting to run the business
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20. Entrepreneur/ start-up
Raising Funds
• how much? Is a million-dollar question
• first timers- bootstrapping
• Self sustenable model
• VC/angels- not bothered about profits
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21. Entrepreneur/ start-up
Raising Funds
• All startups are loss making- oyo,
flipkart, paytm, amazon
• mcdonalds-1997 was loss making for 18
years- first time profit in 2018
• Self sustainable model
• How startup get valued so much-
intrinsic, scalability
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24. Ignition incubation
• Sunil jadhav- Managing Trustee,
passion to encourage startup ecosystem
• 2 verticals- agriculture and smart
energy
• Unique Accelerator/ Incubator
• Coworking Space
• Rajesh Kulkarni, constant mentor
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25. acknowledgement
• Rajesh Apte
www.readitorium.com
• Srishti and piyush
www.agriforetell.com
• Sunil Jadhav
www.iic-india.org
• Kannan
www.picodeclub.com
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