An entrepreneur is someone who has unusual ideas for building a new business and is willing to take risks. They are motivated to start their own business due to a desire for independence, wanting to implement their own ideas, and disliking working under strict hierarchies. Some key barriers they face include a lack of funding, family support, existing market, credibility, and difficulty hiring talent. To overcome these challenges, entrepreneurs seek incubation, mentoring support from institutions, and are willing to learn from their own mistakes with help from former bosses and academics.

1. START UP TO
FREEDOM

2. Who is an Entrepreneur?
He/She is some one who has unusual
ideas for building a new business and is
willing to take risk.

3. What pushed them to start up their
own?
Courage
An urge to make their own idea come true
Not happy for making money for some one
else
Hate to work as part of strict hierarchy
To cope with senior who’s having different
opinion
Force to work on ideas that they don’t
agree with

4. Key barriers while planning to start up:
•
•
•
•
•
Funding
Lack of family support
Market for the product doesn’t exist yet
Credibility
Hiring and retaining talent for a startup
was a problem

5. How do they cross the
barriers?
• Incubation or mentoring
• Support from premiere institute or from
alumni network
• Make their own mistakes
• Helped by ex-bosses & academic deans

6. Q&A with Soumitra Dutta
Academic Director, eLAB, INSEAD,
FRANCE

7. Q) How is the innovation land scape changing
in India?
Q) What does it take to create an innovative
society?
Q) What role does govt. play?
Q) Incremental innovation v/s radical
innovation?
Q) Start ups are suddenly fashionable in many
parts of india. How do you perceive this
trend?

8. Thanks for your attention