Hey guys,
It's been an amazing festive season here in Kolkata, India. Durga Puja was celebrated all over the city and was a huge hit. Moreover, we have entered in the final phase of our course at IIPM, Trimester IV is what they call and the placements season begins right now. Most of the students are sitting for placements from various B Schools all over, but a handful of rare species who are "starting up", this one is for them.
People ask me, Akash makes an entrepreneur? Do they havta be MBAs? How new is this concept? Let me try and give my opinions on this:
What makes an Entrepreneur?
It's been an amazing festive season here in Kolkata, India. Durga Puja was celebrated all over the city and was a huge hit. Moreover, we have entered in the final phase of our course at IIPM, Trimester IV is what they call and the placements season begins right now. Most of the students are sitting for placements from various B Schools all over, but a handful of rare species who are "starting up", this one is for them.
People ask me, Akash makes an entrepreneur? Do they havta be MBAs? How new is this concept? Let me try and give my opinions on this:
What makes an Entrepreneur?
- Who you are?
- What do you know?
- Whom do you know?
These 3 questions decide the fate on an entrepreneur. We don't look like aliens, we have the same mind, but all we care for is CASH! Remember,
"Profits are for accountants, Entrepreneurs love cash "
It is the jest to create something out of nothing and make good money from it.
Well we know a lot of stuff, eyes and ears should always be open, the urge to discover and find out whats on has to be there all the time, because opportunities is always there, but we miss out on them frequently.
Whom do you know is about NETWORKING, meeting the right people, for the right reasons. They are found in popular clubs, social gatherings, cousin's weddings, uncle's anniversary party, college professors, everywhere. It is really important to know them and make them know about you.
MBAs and entrepreneurs don't think the same but their results are same, so all my friends who have done MBA and are about to "startup", please don't forget to unlearn some classroom lessons before you hit the boardrooms.
Cheers,
Akash Poddar
MBA schools teach systematic or methodical reasoning but what makes entrepreneurs successful is effectual reasoning. The difference is systematic reasoning sets goals and systematically develop plans for reaching them, something many entrepreneurs recognize as absolutely alien to their thinking and never happens in the real-world. Effectual reasoning is assessing the resources and ask what can be created.So you may plan to start something and end up learning how to do something else.Entrepreneurship is a journey that has to be experienced with all it's hardships.I wish you Godspeed....Prof.B.D.Gupta
ReplyDeleteThank you so much sir, you words are such an inspiration.
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