Bharat Entrepreneurs

                       “Capitalize on the opportunities and make the best out of it“. This is the tarak mantra that an entrepreneur should follow. If you are an entrepreneur, it starts with your ability to recognize opportunities. Next you will need research skills to figure out whether you have uncovered a viable oppurtunity as well as the ability to create an innovative idea. Once you are all fired up with your idea, you will need to communicate your vision to prospective partners and investors.

For example consider the case of HDFC(Housing Developing Finance Corporation), the first indian company which aimed at providing shelter to every Indian. HDFC was incorporated in 1977, started with primary object of meeting a social need: That of promoting home ownership by providing long term finance to house holds for their housing needs. Its founder H.T.Parekh, had boundless enthusiasm for introducing personal loans for households in india with a firm belief that, if managed well, this would certainly succeed. In less than three decades, HDFC has grown to a multi-product financial conglomerate with banking, insurance, asset management, securities, real estate services added onto it core business of housing finance in addition to being india’s largest housing finance company.
                 

Here we can observe his enthusiasm, positive approach and creative thinking.
Take the life of “Dhirubhai Ambani”. He started his journey from a mere petrol pump attendent to finally creating the first private Indian fortune 500 company. He was the son of an ordinary school master in rural gujarat. A school drop-out, his first income was earned when he was still a child, selling snacks to pilgrims. A job with an Indian trading company took him to Aden and he moved on from there to work for Shell, as a petrol pump attendent. When he returned to india in 1957 Polyster has just been invented, and Ambani believed it represented the future of indian textile business. His foresight was right! His investment of rupees 15,000 to set up a trading house paid off quickly and by mid 1960’s he was the largest polyster trader in the country.
Here we can see the innovative approach, visualizing skills which made him to reach such great heights.

 One important question you have to ask yourself before starting up or to work entrepreneurially is “Where do you see yourself ?” Will it be contract work, own business, software solutions , intrapreneurship, freelance services etc., you take your pick and make it work.
          

 Virtually anyone can be entrepreneurial by pushing creative limits ,trying innovative approaches to work situations and welcoming problems as oppurtunities.For entrepreneurs their marketing plan is as important as their financial plan. You have to develop team building skills as you won’t be able to do it all yourself. You will need some team building skills to assemble the best help you can find.

Popularity: 18%

GENESIS

The year was 1992 and the place, where it is said that one can find more software professionals per sq km than any corner in the world, the Silicon Valley. A group of Indian Entrepreneurs and IT professionals in Silicon valley formed a non-profit organization to nourish budding entrepreneurs. This is when ,TiE, The indUS(of Indian origin in US) Entrepreneurs was born.
TiE basically nurtures Entrepreneurship through several ways like education, networking, guiding and organizing entrepreneurial summits, conferences etc.., One of the prominent entrepreneurs who co-found TiE was DR. SUHAS PATIL, who is founder and chairman of several companies like Cirrus Logic (in Silicon Valley) , Navin.com, Reez.com and Tufan, Inc., He is one of the fore most people who led TiE .

About Dr.Suhas Patil

He is a former electrical engineering professor in MIT and University of Utah. He is also a Board member in world Affairs council of Northern California . HOTMAIL creator Sabeer Bhatia adores him as his Mentor.

TiE - Talent Ideas Enterprise

This is what TiE stands for according to its creators and they are certainly true. TiE supplies all the resources that an young entrepreneur needs like financial support, guiding, employees and all. TiE itself is a conglomerate of senior professionals, VC’s , Angels, Law and management service supporters.
It is spread in 11 countries with 48 chapters (branches) and about 1600 charter members and 12000 members.
Several separate bodies constitute TiE like TiE Institute, TiEcon, VC Delegation etc.., Every body has a separate function for example TiE institute trains its members in practical education, soft and hard skills, ethics, strategies etc.., and in the part of VC Delegation TiE organises a special tour to India (once in a year) to bring Venture capitalists , to give not only hope but also a chance to the young Entrepreneurs in realising their dream.

TiEcon of all of them is the best activity.The conferences are all held by its volunteers and masters of the masters kind of people lecture. Recent speakers include STEVE BALLMER, GUY KAWASAKI, VINOD KHOSLA, AMARTYA SEN, NARAYAN MURTHY, GOVERNOR ARNOLD SCHWARZNEGGER and the list continues

Final Touch
Students can also participate in the events all they have to do is get a membership. For this they have to join TiE with a fee of $50.00 (need to provide a valid proof of your status).

Popularity: 24%