NU students had a great opportunity to learn and interact with 3 great minds on entrepreneurship and startups. - Rajendra Pawar: Founder NIIT Ltd and NIIT University. - Arjun Malhotra: Co-founder HCL and founder Headstrong. - Dr. VA Shiva Ayyadurai: Technologist, Entrepreneur and Educator.

1. 12 lessons on Entrepreneurship
Rajendra Pawar: Founder NIIT Ltd and NIIT University.
Arjun Malhotra: Co-founder HCL and founder Headstrong.
Dr. VA Shiva Ayyadurai: Technologist, Entrepreneur and Educator.
Akhlesh Agarwal
Learnings from the session:
@ NIIT University
Amphitheater UG2 Hostel
7th August 2015
1

2. Start with passion
and not money as objective.
2
1

3. The biggest challenge:
Get your first customer
Then co-create the product with the customer
3
2

4. You have to be a good sales
person
Sell it to your family first
4
3

5. Taking decision in risks:
Decision making:
based on logic, calculation and analysis.
Decision taking:
based on gut feel.
5
4

6. Identify and accept mistakes as soon as possible
and change the course.
6
5

7. Never say die
7
6

8. Even if you end up with zero profit after
some time,
you have gained LOTs of learning. 8
7

9. Your product or solution may not be
for a very big problem, but there
should be a sizable requirement for it.
Market
9
8

10. High risk high reward.
There is nothing in this world which is
low risk and high profit.
10
9

11. Hire people who are smarter than you.
11
10

12. What type of people
Competence
Low High
High
Low
Integrity
Cant let them
go
Poison
Of course you
don’t need
them
Give
performance
warning and
time to skill
themselves
12
11

13. Enjoy and not fear the struggle.
13
12

14. 14