Entrepreneur 101 program for undergrad college students and beginners. Intent to provide basic info and entrepreneurship landscape.

1. Life & Blood of Entrepreneurship - 101
Ramesh Kandikonda,
SR IT Consulting Pvt. Ltd.
Whole 9yrds ...

2. Agenda
• Journey
• Timing ( now or experience)
• First thing First (Business Plan)
• Team
• Customer
• Finance ( where is the money)
• Associations ( mentor)
• Ecosystem
• Community
• Events ( Startup Saturdays, TiE, Nasscom, ...)
• Qualities ( Listening, Failures, Surprises... )

3. CONGRATULATIONS
If you have already decided...

4. JOURNEY

5. Definitely Not....

6. Expect Twists & Turns

7. Close Look

8. Entrepreneurship Road

9. Tools for our Journey

10. TIMING
Validate Idea

11. Timing
Now? or Later?
Experience
I may get struck to work
Finance
Raise funding
Idea may loose
value
Idea life
Team may not
exist
New Team

12. • Idea Validation
• Is market ripe for the product/
Service
• Pay for this service / Product?
• Market survey
• Resources / Knowledge
• Risk
• Environment
• Geopolitical
Timing
Now or Later ?

13. FIRST THING FIRST
Business Plan

14. Business Plan
• Is it Must ?
• Yes....
• Why
• To know game plan
• Deep understanding of Market
• To get thought clarity
• To avoid mistakes
• To raise money
• To Sync - Everyone one on same page
• Living Document
• There is no perfect plan ...
First thing that you need to do....

15. Lean Canvas

16. B’ Plan
• Executive Summary
• Analysis & Trends
• Target Market
• Competition
• Strategic position & Risk
• GTM (Go To Market)
• Team
• Operations
• Technology
• Org. structure
• Milestones
• Financials
Minimal Stuff / Contents

17. Team
• Most important element
• Classmates / Colleagues
• Advantages
• Disadvantages
• Roles & Responsibilities
• Compensation
• Plan for Exits ... !!!
• Who will take final shot ...?
• It’s all in the game !!!
• Document

18. Customer
• Who is Your Customer ?
• Who is not
• Segmentation
• What pain point we are trying to address
• B2B or B2C or Market Place or ...
More knowledge is better

19. Finance
• Return on Investments
• Balance sheet
• Monthly / Quarterly Sales Targets
• Allocations
• Marketing
• Inventory
• Salaries
• Rents
• Infrastructure
• Order fulfillments
• Misc
Oxygen for the business

20. NEED GUIDANCE ???
Look Mentor

21. Mentor
• Who has seen/ done it before
• Advantages
• Network
• Who is who
• Prioritizing
• Seen world
• Paid Vs. Free
• Paid
• Stake
• Fixed amount - annual basis
Seek Help... Nothing wrong

22. ECOSYSTEM
Lot’s of things happening in & around

23. Eco System
• Incubation Centers
• TiE, IIIT ...
• Residential programs
• Chennai
• Mumbai
• Delhi
• events
• Startup Saturdays, SLP, ISB, TiE, Founders Institute, TV SHows
• Angles Community
• Hyderabad Angles
• Indian Angles
• VC Community

24. QUALITIES

25. Qualities
• Passion
• Learning never ends...
• Be a good listener
• Resilience
• Teamwork
• Be ready for the surprises

26. Embark on Your Journey
Whenever you think you are ready