Bharat Entrepreneurs

” When I thought of starting a company, I felt India needed 100 people like Narayana Murthy and Ambani. If 100 such people support 2 lakh people each, imagine how many Indians get supported. Entrepreneurship is needed to uplift the poor. It is not easy to be an entrepreneur, especially a first generation entrepreneur. There will be lots of challenges in the beginning but you should learn to look for the light at the end of the tunnel. Never give up even if there are hurdles. There are many who give up within a week. You need determination and a tough mind to cross the initial hurdles.” E.Sarathbabu

E. SarathBabu is not the typical IIM Ahmedabad student you read about in the newspapers. He did not take the easy path to earn mega bucks in spite of being offered plum jobs from top companies. Instead he chose, like a true entrepreneur, to carve out his own path to success. So he started FOODKING.

His mother worked as an ayah in an Anganvadi to educate him and his siblings. Later he went on to complete his higher education in the prestigious BITS Pilani and IIM Ahmedabad.

In the beginning, he took a loan of Rs 20 lakh and started Foodking in August 2006. Initially the losses were poised at Rs 2000 a day. The cafeteria’s he set up initially did not work according to plan and he soon came to the conviction that only by selling in large volumes that any profit could be made.

In 2006 IIM A alumni meet, he hoped to bag a contract but could not.

In march 2007 he got an offer to start a unit at BITS, Pilani. This contract proved profitable. Spurred with this initial profit and with the money that he borrowed from his IIM A friends, he wanted to move ahead. He got BITS Goa contract which was to be his biggest break. He had to cater to over 1300 students and the sales peaked at 65,000 Rs per day.

Then he got an opportunity to serve at SRM deemed college which boasts of over 17,000 students!

Right now he has a turn around of Rs 3.5 crore per annum. By next year he hope to increase it to Rs 20 crores.

At present he has BITS hyderabad in his hands and it all set to be operational by July 2008. So the future does look rosy to this Foodking.

http://www.rediff.com/money/2006/aug/31spec.htm

Popularity: 41%

If you need success, then be prepared to face hurdles and failures. Is it always the case? Answer can be both yes or no. Be in a position to face hurdles. But never remain in a position to accept a failure so easily. Never let your spirit break. Try hard to defeat the failure.
Read this and you will accept that with self determination there is no mountain to difficult to crumble.

INCIDENT 1:
Gehlore a village in Bihar situated at 100km away from Patna. But a hill isolated that village from the world. Gehlore people used to travel 32 km round the the hill in order to fulfill their daily requirements and for medical assistance. Building a tunnel through the hill will reduce 32 km of journey to just 3km. But it seemed to be highly impossible for those villagers.
One Man Army :
In 1967 Dasaradhi Manji and his wife were doing some field work. Because of the narrow way through the hill she was badly injured by striking to a stone. But this time the hill took away his wife’s life. Because of the long stretch of 32km Dasaradh failed to provide her the treatment in time. This distressing incident was pivotal in making him undertake the difficult mission of creating a tunnel through the hill and thus keep the village safe from harm’s way.
As usual many people were critical about his decision. But Dasaradh was not bothered in the least, their surprise was unbounded when he chose hammer and chisel as his weapons against the hill.

It took 22 years for him to complete his mission which resulted to a 3km long and 3 feet wide way through the hill.

The Government recognized his hard work and sanctioned a house under Indira Awas Yojana Scheme and also 5 acres land. His dream is to see a hospital in 5 acres land.
So now Gehlore is no more. It is Dasaradh Nagar now.

So be brave..Self determination is the best weapon to over come the hurdle.
INCIDENT 2:
ARON RALSTON: One must know about him because of his brave decision that he had taken to cut his hand from the body as it was struck in “BETWEEN A ROCK AND A HARD PLACE” on a mountain. He struggled a lot for 6 days with his hand in that position with out food and water.
Aron Ralston was very passionate about climbing the mountains. As per his wish and interest he got a job in mountaineering shop in intel. In his duty he aimed at climbing the Fortineers mountain(more than 14000 feet high) in Colorado state. While he was on his way on a mountain, a big stone weighing nearly 400kgs had fallen from the peak of the mountain and settled its position on the right hand of Aron. He tried his best to take his hand from under the rock.But he failed to do so. Gradually his brain lost his control over the right hand and it has been infected with pus.So to save his body from being totally infected he cut it off with a knife as no one came to save him. Later he was saved some how with the help of helicopters.
He also explained his 6 days hell like experiencein a book named “BETWEEN A ROCK AND A HARD PLACE”.
So friends do you accept now that SELF DETERMINATION is stronger one to overcome the hurdles…
One more message from this incident is keep the bad or the unworthy away from your goal EVEN THOUGH IT WOULD HURT…So Entrepreneurs must be brave enough to face the hurdles and should work hard and strive for excellence.

Popularity: 10%