SlideShare a Scribd company logo
Book : Arise Awake
Author : Rashmi Bansal
Akshay Nair
Rasbihari Das
Riyakumari Patel
Sajal Shukla
Yameen Patel
Feels Like Home
10/18/2015 2
Anurag Arora
(ICFAI Business School, Pune)
GANPATI FACILITIES
Journey
• Born in Patna in a middle class family.
• Scored low in 12th boards and took a drop for IIT.
• Did B.Com at DU.
• Joined IBS Pune for MBA.
• Started Ganpati Facilities with no money.
10/18/2015 3
Entrepreneurial process
10/18/2015 4
Opportunity Recognition And
Idea Generation
• Queries on IBS Pune’s Facebook Page.
• Shifting of campus from Aundh to Hadapsar.
10/18/2015 5
Feasibility Check
10/18/2015 6
Business Model
• Find flats on rent by help of brokers.
• Used the first advance for booking flats and furnishing.
• Shows furnished flats as a sample to convince students and parents.
• Uses his mom to convince the parents.
• Students are the brand ambassadors for upcoming new batch.
10/18/2015 7
Legal and Ethical Considerations
• Got permission from college to set up business.
• Set up a sole proprietorship and opened bank account for the
company.
• He took an undertaking with 12 clauses .
• He didn’t cut off room space for a pinch of more money.
10/18/2015 8
Marketing Strategy
• Communication Style.
• Promising less, delivering more!
• Getting IBS suggest students about Ganpati Facilities.
• His customers (students) are his brand ambassadors.
10/18/2015 9
How can the business grow
• Raise Investment or take home loan.
• Providing hostel facilities to other colleges in Pune.
• Entering corporate sector.
• Providing food facilities.
10/18/2015 10
Entrepreneurial Traits
10/18/2015 11
Risk Taking
• Took a year’s drop.
• Contacted the college admin for starting the hostel business without
any investment.
• There was no hostel sample to show to customers.
• Not sitting in the placements.
10/18/2015 12
Perseverance
• Continued studies after scoring low.
• Survived in the market when there was competition.
10/18/2015 13
Tolerance for ambiguity
• Worked at BPO while studying.
• Student cum Entrepreneur.
• Intervened fights in the hostel.
• Going to railway station at 4am.
10/18/2015 14
Confidence
• Didn’t take up job because he was confident about his
business.
• Started business in 15 days without any investment.
10/18/2015 15
Need for Achievement
• Topped in first year of MBA.
• Dedication to his work by attending late night calls and
solving problems of the customers.
10/18/2015 16
Innovativeness
• Put amenities like TV, fridge, washing machine, curtains etc.
• Recreational trip at his own cost.
• Student Mentoring.
10/18/2015 17
Justification
• “I can take a lower-quality flat and earn a
lot more but I thought if customers are
not satisfied, aage bat nahin banegi.”
• “My primary objective is to help
outstation students get all the required
facilities and support. I am available
almost 24x7 to help them.”
-Anurag Arora
10/18/2015 18
Holy Rava
Masala
10/18/2015 19
Eshwar Vikas & Sudeep Sabat
(SRM Engineering College, Chennai)
DOSAMATIC
Journey
• Eshwar Vikas was born in Vayalpadu in Andhra Pradesh.
• Sudeep Sabat was born in Behrampur, Orissa.
• Both did Electrical Engineering, SRM Engineering College, Chennai.
• Started Mukunda Foods (Dosamatic) .
10/18/2015 20
10/18/2015 21
Entrepreneurial process
Opportunity Recognition And
Idea Generation
• While in Delhi found out that a Dosa can be as expensive as
₹130.
• Could there be a machine that made hot, round, crisp, tasty
dosas? The crazy idea struck up Eshwar.
10/18/2015 22
Feasibility Check
10/18/2015 23
Business Model
• Welding and cutting is outsourced.
• Assembly is completely done in-house.
• Selling machines to restaurants and take away outlets.
10/18/2015 24
Build a team
• Initially they were 3 people working on the machine.
• 15 employees in a single year.
• 4 people sales team and all other in manufacturing.
10/18/2015 25
Marketing Strategy
• Personally visiting restaurants for selling the machine.
• Created a website for selling the machine.
• Setting up service centers with ITI diploma-holders in different cities.
10/18/2015 26
How can the business grow
• Working on small size Dosa machine for house hold uses.
• Setting up more service centers across the country.
• Dreams that every house which has a microwave oven should have a
dosa machine.
10/18/2015 27
Entrepreneurial Traits
10/18/2015 28
Risk Taking
• Jumped on Coromandel Exp. to Bhubaneshwar without a reservation.
• Approached an officer at a mining company without a permission
letter from college.
• Bunked the classes and gave proxy attendance.
• Not sitting in placement.
10/18/2015 29
Perseverance
• Working on the automatic Dosa maker for more than 2 years.
• Tried hard to get information about mining in Orissa.
• Didn’t give up on failure of the demo of machine at the conference.
• Travelling for internship and workplace around 50kms away everyday
after college hours.
10/18/2015 30
Tolerance for ambiguity
• Being an Electrical Engineering students, did not know much about
machines.
• Worked in a situation with 14 hours of power and water cuts.
• Speaking about the machine even after its failing at the conference.
• Traveling very long distances without proper transportation facilities.
10/18/2015 31
Confidence
• Didn’t sit in interview because they were confident about the
business.
• Worked with machines despite being from an Electrical Engineering
background.
• Presented the machine for second time in Indian Angel Network
conference.
10/18/2015 32
Need for Achievement
• Joined the E-cell as soon as they joined college.
• Dedication to work by travelling long distances late night.
• Talked to different shop keepers daily to know about parts of
a machine.
10/18/2015 33
Innovativeness
Made world’s first table top Dosa
making machine.
10/18/2015 34
Justification
• “The dosa machine was a totally new
concept, so we had to keep imagining and
doing it. Always changing and tweaking
things.”
• “I was not a mechanical engineer or a
designer. I did not know how to run a
company but I had to do this somehow…
no matter what, I had to do it.”
-Eshwar Vikas
Sudeep Sabat
10/18/2015 35
10/18/2015 36https://www.youtube.com/watch?v=3sFu7wF_VCU
Thank You!
10/18/2015 37

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Arise awake rasbihari

  • 1. Book : Arise Awake Author : Rashmi Bansal Akshay Nair Rasbihari Das Riyakumari Patel Sajal Shukla Yameen Patel
  • 2. Feels Like Home 10/18/2015 2 Anurag Arora (ICFAI Business School, Pune) GANPATI FACILITIES
  • 3. Journey • Born in Patna in a middle class family. • Scored low in 12th boards and took a drop for IIT. • Did B.Com at DU. • Joined IBS Pune for MBA. • Started Ganpati Facilities with no money. 10/18/2015 3
  • 5. Opportunity Recognition And Idea Generation • Queries on IBS Pune’s Facebook Page. • Shifting of campus from Aundh to Hadapsar. 10/18/2015 5
  • 7. Business Model • Find flats on rent by help of brokers. • Used the first advance for booking flats and furnishing. • Shows furnished flats as a sample to convince students and parents. • Uses his mom to convince the parents. • Students are the brand ambassadors for upcoming new batch. 10/18/2015 7
  • 8. Legal and Ethical Considerations • Got permission from college to set up business. • Set up a sole proprietorship and opened bank account for the company. • He took an undertaking with 12 clauses . • He didn’t cut off room space for a pinch of more money. 10/18/2015 8
  • 9. Marketing Strategy • Communication Style. • Promising less, delivering more! • Getting IBS suggest students about Ganpati Facilities. • His customers (students) are his brand ambassadors. 10/18/2015 9
  • 10. How can the business grow • Raise Investment or take home loan. • Providing hostel facilities to other colleges in Pune. • Entering corporate sector. • Providing food facilities. 10/18/2015 10
  • 12. Risk Taking • Took a year’s drop. • Contacted the college admin for starting the hostel business without any investment. • There was no hostel sample to show to customers. • Not sitting in the placements. 10/18/2015 12
  • 13. Perseverance • Continued studies after scoring low. • Survived in the market when there was competition. 10/18/2015 13
  • 14. Tolerance for ambiguity • Worked at BPO while studying. • Student cum Entrepreneur. • Intervened fights in the hostel. • Going to railway station at 4am. 10/18/2015 14
  • 15. Confidence • Didn’t take up job because he was confident about his business. • Started business in 15 days without any investment. 10/18/2015 15
  • 16. Need for Achievement • Topped in first year of MBA. • Dedication to his work by attending late night calls and solving problems of the customers. 10/18/2015 16
  • 17. Innovativeness • Put amenities like TV, fridge, washing machine, curtains etc. • Recreational trip at his own cost. • Student Mentoring. 10/18/2015 17
  • 18. Justification • “I can take a lower-quality flat and earn a lot more but I thought if customers are not satisfied, aage bat nahin banegi.” • “My primary objective is to help outstation students get all the required facilities and support. I am available almost 24x7 to help them.” -Anurag Arora 10/18/2015 18
  • 19. Holy Rava Masala 10/18/2015 19 Eshwar Vikas & Sudeep Sabat (SRM Engineering College, Chennai) DOSAMATIC
  • 20. Journey • Eshwar Vikas was born in Vayalpadu in Andhra Pradesh. • Sudeep Sabat was born in Behrampur, Orissa. • Both did Electrical Engineering, SRM Engineering College, Chennai. • Started Mukunda Foods (Dosamatic) . 10/18/2015 20
  • 22. Opportunity Recognition And Idea Generation • While in Delhi found out that a Dosa can be as expensive as ₹130. • Could there be a machine that made hot, round, crisp, tasty dosas? The crazy idea struck up Eshwar. 10/18/2015 22
  • 24. Business Model • Welding and cutting is outsourced. • Assembly is completely done in-house. • Selling machines to restaurants and take away outlets. 10/18/2015 24
  • 25. Build a team • Initially they were 3 people working on the machine. • 15 employees in a single year. • 4 people sales team and all other in manufacturing. 10/18/2015 25
  • 26. Marketing Strategy • Personally visiting restaurants for selling the machine. • Created a website for selling the machine. • Setting up service centers with ITI diploma-holders in different cities. 10/18/2015 26
  • 27. How can the business grow • Working on small size Dosa machine for house hold uses. • Setting up more service centers across the country. • Dreams that every house which has a microwave oven should have a dosa machine. 10/18/2015 27
  • 29. Risk Taking • Jumped on Coromandel Exp. to Bhubaneshwar without a reservation. • Approached an officer at a mining company without a permission letter from college. • Bunked the classes and gave proxy attendance. • Not sitting in placement. 10/18/2015 29
  • 30. Perseverance • Working on the automatic Dosa maker for more than 2 years. • Tried hard to get information about mining in Orissa. • Didn’t give up on failure of the demo of machine at the conference. • Travelling for internship and workplace around 50kms away everyday after college hours. 10/18/2015 30
  • 31. Tolerance for ambiguity • Being an Electrical Engineering students, did not know much about machines. • Worked in a situation with 14 hours of power and water cuts. • Speaking about the machine even after its failing at the conference. • Traveling very long distances without proper transportation facilities. 10/18/2015 31
  • 32. Confidence • Didn’t sit in interview because they were confident about the business. • Worked with machines despite being from an Electrical Engineering background. • Presented the machine for second time in Indian Angel Network conference. 10/18/2015 32
  • 33. Need for Achievement • Joined the E-cell as soon as they joined college. • Dedication to work by travelling long distances late night. • Talked to different shop keepers daily to know about parts of a machine. 10/18/2015 33
  • 34. Innovativeness Made world’s first table top Dosa making machine. 10/18/2015 34
  • 35. Justification • “The dosa machine was a totally new concept, so we had to keep imagining and doing it. Always changing and tweaking things.” • “I was not a mechanical engineer or a designer. I did not know how to run a company but I had to do this somehow… no matter what, I had to do it.” -Eshwar Vikas Sudeep Sabat 10/18/2015 35