The document summarizes the book "Stay Hungry Stay Foolish" by Rashmi Bansal. It discusses 25 successful IIM Ahmedabad graduates who chose entrepreneurship over jobs. It profiles entrepreneurs like Sanjeev Bhikchandani of Naukri.com, Shantanu Prakash of Educomp, and S.B. Dangayach who founded Sintex. The book seeks to inspire graduates to follow their dreams beyond placements. It stresses taking risks tactfully and having faith in ideas.

1. MONIKA LOHIA
15D54
BIFAAS

2. BOOK : STAY HUNGARY STAY
FOOLISH
AUTHOR : RASHMI BANSAL
PUBLICATION : CIIE, IIM AHMEDABAD
PAGES : 325

4.  Rashmi Bansal is a writer, entrepreneur and
youth expert.
 She is also the author of Connect the Dots, Poor
little rich slum and I Have a Dream.
 She is co-founder and editor of JAM (Just
Another Magazine)
 She is a columnist on popular Indian news portal
Rediff.com
 She is a consultant for international youth
research agencies such as The Futures
Company (a division of WPP, London) and
Flamingo Research (Singapore)
 She has been a guest lecturer at various
business schools of repute including IIM
Ahmedabad, IIM Bangalore, ISB, SP Jain.

5.  It is about 25 IIM-A graduates who chose to tread a path of
their own making.
 Interviews with the various successful entrepreneurs.
 Diverse in age, in outlook they made it big following their
passion.
 One thing in common: they believed in the power of their
dreams.
 Seeks to inspire young graduates to look beyond placements
and salaries.
 Parts in which story is divided:
The Believers
The Opportunists
 The Alternate Vision

7.  Sanjeev Bikhchandani, naukri.com
 Shantanu Prakash, Educomp
 Vinayak Chatterjee, Feedback Ventures
 Ashank Desai, Mastek
 R Subramanian, Subhiksha
 Narendra Murkumbi, Shree Renuka Sugars
 Chender Baljee, Royal Orchid Hotels
 Madan Mohanka, Tega Industries
 Sunil Handa, Eklavya Education Foundation
 Vardan Kabra, Fountainhead School

8.  Deep Kalra, makemytrip.com
 Rashesh Shah, Edelweiss Capital
 Nirmal Jain, India Infoline
 Vikram Talwar, EXL Service
 K Raghavendra Rao, Orchid Pharma
 Jerry Rao, Mphasis
 Shivraman Dugal, Institute for Clinical Research in
India
 Shankar Maruwada, Marketics
 Ruby Ashraf, Precious Formals
 Deepta Rangarajan, IRIS
 Cyrus Driver, Calorie Care

9.  Venkat Krishnan, GiveIndia
 Anand Halve, chlorophyll
 S B Dangayach, Sintex
 Vijay Mahajan, Basix

10. Sanjeev
Bhikchandani
PGP’89
The book of JOB

11. THE BELIEVER
 About him
 The birth of a new venture
 Hurdles on the way to success
 Milestone
“Different people measure success differently”

12.  Be early & do not exaggerate.
 Get great people.
 Don’t start business to make money.
 Spot opportunities.
 Get smart people.
 Your choices affect family.

14. THE BELIEVER
 Family Background
 Education
 Launch of a new Company
 Start of EDUCOMP
 Struggle
 Educomp’s Revenue

15.  Risk-reward equation.
 Business better than job for IIM-A.
 Do what interests you.

16. Ruby Ashraf
PGP’83
Million Dollar
Seamstress

17.  Family Background
 Education
 Why MBA
 Moved to US after marriage
 Appreciated for her dressing style
 Started precious formals
 Hobby made to business
 2000 retail stores in US and middle east

18.  There is no formula for success
 Just keep doing.
 Learn from failures
 Take up challenge stronger to be successful.

19. S.B.Dangayach
PGP’72
A Sense of OWNERSHIP

20.  Introduction.
 Joined Asian Paints in 1972 at 20 years of age.
 In 1974, joined Bharat Vijay Mills Pvt. Ltd.
 New Plastic Venture.

21.  Convergence between what conscience tells & what
you do.
 Do what your conscience tells you.

22. It’s a risk taken tactfully. Be prepared for failures.
Have faith in your ideas.
Do business for passion not only for money.
Start small and then expand.
Must learn from experiences good or bad.
Believe in God. Seek your inner voice