“It all starts with a small idea and then even before you realize, there is a dream taking shape,” says P.L. Ananth Ram, Angel investor and advisor to various start-ups, during his talk on ‘Entrepreneurship” at Vignana Jyothi Institute of Management (VJIM), Hyderabad.
The three days’ seminar on Entrepreneurship started from 1st February in the campus where few very important and often-wondered questions were answered by the speaker- Mr, Ananth Ram himself:
What is Entrepreneurship?
What are few instances of successful Indian entrepreneurs?
What are the challenges that an Entrepreneur should be ready to face
What are the steps involved before being successful as an entrepreneur in the modern day market?
With a number of PGDM students keen on learning the arts and tools of starting-up right from campus today, the talk stood extremely relevant. Mr. Ananth Ram’s three days’ talk come workshop was dotted with examples of entrepreneurs like Vivek Ramaswami of Biotech and Apoorva Mehta of Instacart. He motivated the students by talking about instances of failures, which was then followed by enormous success for these entrepreneurs because they believed in their ideas and worked each day to materialize them.
Mr. Ananth Ram then talked about various steps that are involved in the process of emerging as a successful entrepreneur. “It all starts with a small idea” which starts gradually getting translated into bigger one. He also questioned students the role of “luck” in the process. Mr. Ananth Ram urged every aspiring entrepreneur to ask himself or herself the question- “what is the ultimate motive at behind entrepreneurship, end of the day?” If earning money is the primary objective, one needs to re-think about one’s commitment to the agenda. He asked students to consider the idea of- “let me be of some use to someone” before leaping into the business of making money.
The speech was then followed by a group task where students had to divide themselves into groups and each group had to come up with a business idea that would have the well being of the country at its core. Amidst much enthusiasm and creativity, students started presenting their ideas from the stage.
In the final session, Mr. Ananth Ram asked students to come up with the plan of implementation. A lot of group discussions, brainstorming, debates, analysis and strategizing followed before each group started presenting their interestingly unique execution plans. The three days’ workshop finally came to an end with the speaker reading out the latest revisions in the government policies- the Entrepreneurial laws and guidelines.