Entrepreneurship anybody?

[RagnRoll]

check these links out dudes,

1) in.rediff.com/getahead/2005/mar/10ent.htm

2) List of incubators

[nex]

Originally Posted by DesiGuru

MBAs and entrepreneurship dont go well together...

Replying to a year-old post but this makes sense, no matter which way you see it. As an entrepreneur, the most valuable thing for you is time and it would not be a wise idea to spend 2 years in an MBA, the value addition of which towards your ultimate goal of starting is business is marginal at best.

Lots of introspection ahead for me in coming month or so..

cheers
nex

[mAyAnKaTrI]

Originally Posted by its_kul

"Here’s to the crazy ones, the misfits, the rebels, the troublemakers, the round pegs in the square holes, the ones who see things differently. They’re not fond of rules, and they have no respect for the status quo. You can quote them, disagree with them, glorify or villify them…about the only thing you can’t do is ignore them, because they change things, they push the human race forward. And while some may see them as the crazy ones, we see genius, because the people who are crazy enough to think they can change the world are the ones who do.”- Apple Advert.

HOPE U GOT WHAT I MEAN.

cheers

hi there......
just starting out on this site.......a budding entrepenuer(you can call me an entrepenuer).....
would like to gain some entrepenuership tips.......actually it justs fascinates me....this entrepenuership thing
i havnt tasted a big success in this field.......actually i am just starting out on this thing. surely success is gonna come,but i would like it to come fast.

well entrepenuers have changed the world and will continue doing so

[ohmygoditsgulu]

Originally Posted by mAyAnKaTrI

hi there......
just starting out on this site.......a budding entrepenuer(you can call me an entrepenuer).....

Can you share with us something about your entreprenuership activity ??

[deepu]

ok now i am faced with a problem and i need help from you guyz.

i am in 3rd yr final semester of ICT engineering in ahmedabad. I have a business idea and after discussing it with some big-guyz in industry i am sure this idea kinda works. But almost every guy i spoke to told me "your team is more important than the idea . when u go to a VC they ask you "explain us why u are the best team that can excute this idea". They advised me to spend considerable amount of time and energy in building a formidable team". I dunno much about team building. i am a technical guy with good expertise in internet technologies (yaa including SOAP ,Mashups etc).

My idea is a web-based service which falls under the much vaunted "Web 2.0" category. i want to do my B-Tech project in an incubator which helps me in kick-starting my own venture. That means i exactly have 6 months before i try and form a good team. This is where i stumble. It will be greatful if you guyz can educate me on how to form a good team.

[nex]

An interesting read:

http://www.paulgraham.com/start.html

[Ara- -wind]

Originally Posted by Sak-Z

Here, in IIM-A, we have seen many PGPs spurning lucrative offers in favour of starting up on their own. I am fortunate enough to have three dorm seniors, one has started a school, another one has started a packaging firm and the third has ventured into agro exports. They all had the entrepreneurial spirit, which was furthered by the curriculum here such as Lab in Entrepreneurial Motivation and Entrepreneurship and New Venture Planning. Even a few of my friends, in my same batch, have already started chalking out plans for their ventures.

For them the concepts got clearer through interactions with peers, faculty and the predecessors than reading books by any "Mgmt Gurus".

Hey sakz / all,
I haven't really gone through all further posts to know the replies to this , but my thoughts very much align with those of Sakz, beyond interaction with peers, i think it is also about the networking advantage you get in an MBA.
Any one looking at his own venture, would sooner or later require some help in growing/ winning contracts, and that is somehting their ex- batch mates can help them out with...

what say.. ???

[Ara- -wind]

Originally Posted by deepu

But almost every guy i spoke to told me "your team is more important than the idea . when u go to a VC they ask you "explain us why u are the best team that can excute this idea". They advised me to spend considerable amount of time and energy in building a formidable team". I dunno much about team building. i am a technical guy with good expertise in internet technologies (yaa including SOAP ,Mashups etc).

. That means i exactly have 6 months before i try and form a good team. This is where i stumble. It will be greatful if you guyz can educate me on how to form a good team.

Hey Deepu,
Don't understand what your work really is all about.. but shall contribute my mite. There is an incubation centre at IIT B and IISC, that i know of. also you should try and contact some professor at http://www.ediindia.org/default.asp .. this link is one of the first pieces of information in this thread. Also if you think of making your team, mebbe you should first think of what other capabilities you need to get your organization afloat. and as my friend says,
"You can never fight a war till you enter the Battlefield"

[Ara- -wind]

Originally Posted by mAyAnKaTrI

hi there......
just starting out on this site.......a budding entrepenuer(you can call me an entrepenuer).....
would like to gain some entrepenuership tips.......actually it justs fascinates me....this entrepenuership thing
i havnt tasted a big success in this field.......actually i am just starting out on this thing. surely success is gonna come,but i would like it to come fast.

well entrepenuers have changed the world and will continue doing so

hey Mayankatri,
Entrepreneurship is not something you just dabble in because its cool. ... just my gathering from your post. sorry, if i'm out of place, could you please share with us some of your ideas.
I'm very new to PG itself, so please excuse my misdemeanours.

Regards,

[DesiGuru]

Back to an old thread

Looking at the last few posts... and my personal experience in a successful startup in a nice place I must add a few things...

Its always team team team... Though one super leader is a necessity...
The idea is almost irrelevant... Because frankly most ideas... anyone can come up with... Though some ideas are clearly outstanding... But otherwise its a team that gels together and fits together that works... Now team is important because down the line there will be disagreements and a state of hopelessness even... you better have a team that has the guts to stick thro all this... So while making a team think of the long term whether all of you will stick together in thick and thin. Other than that the abilities of the team members should be complementary. Not all need to be super brains but there need to be a few but importantly all should enjoy working together

Other than that its the scale of your idea and vision that matter... Some people dream of a 0$ company.. a good little wine shop which will make them more than the IIM avg salary every year... Others have 0 billion dollar $ dreams... All have to start at zero

Personally think the MBA is absolutely not needed... but has its advantages in access to smart people and infrastructure and also importantly a brand name MBA will mean in the worst case scenario of your startup tanking getting a job again will be easier

K

PS: Seriously interested folks on this thread can pm me