[mituag]

You are basically putting across the idea of setting up a firm/enterprise which will bridge the gap between the people who have innovative ideas/business plan and the people who have power/money to implement that idea...

This sounds quite feasible, in the sense that you would be putting across the idea to VCs who will eventually either invest in the project or reject.

On the otjer hand you yourself can be a sort of investing firm/VC. If you thinking about this, then you should have substantial amounts to invest in projects like these. How do you plan to tackle this? Tie ups? joint venture?

Originally Posted by Chicane

I guess i have confused every one with my post.
Lets hope i make some sense this time...

I was talking to a few puys on SB(mitu,vip,ros,veramaz and paras) abt their take on social entrepreneurship.After withstanding severe criticism for not being clear about my own very thought i realized the problem was in the definition of the word itself.

Do I for one, myself know what i am talking about?(scary thought!)
I came across this Businessworld Article which explains a part of what i have in mind and something which i would love to be a part of /explore eventually in my life.

Businessworld - Web Excl: Geemarahalli’s Floriculturists

The article talks about facilitating entrepreneurial initiatives amongst the poor and rural areas of the country.Basically even if ppl of a lower eco. class want to start somethin on their own, they face numerous roadblocks namely:
1. Lack of Resources in particualr finances
2. Lack of expertise about the sustainability of the idea in the marketplace
3. Networking with the right set of people.
4.Exposure to the Market place through the right channels

The area of initiatives cud vary from agriculture to food business to something else.There are government bodies like SIDBI etc who do this but i am not too sure about the effectiveness at a granular level.
I thin Gurcharan Das in his book India Unbound also fleetingly talked about it. There are so many ideas at the rurals which wud be very successful if encouraged and supported.
Maybe there is a scope for a firm/consultancy to do this which facilitates funding and knowledge sharing and in trun maybe takes a small stake in their venture for its own sustainability.


How does one go about helping them? There are pseudo VC firms which do this.Like Infrasys mentioned in the article above.
The primary reason i had for posting my first post was to get an idea of how others looked at it. And I apologise for not being very articulate about the whole thing.
But the confused response has actually helped me get my thots in order

[xcoolaryan]

Really?? You are talking about social responsibility here. I've always believed the main priority is to be your own boss. You could be a 1 man business and still be an entrepreneur. Of course, it does help to have a partner in that you both can bounce ideas off each other(another thing i had to learn the hard way) and see how good something really is.

I was actually replying to one of Chicane's Post

I started my own services-oriented website about 20months ago

Can we have more details like name of website and you experience regarding it.

LOL! being part of this forum doesnt make me an entrepreneur.

I had impression that you were one of the founders of this.....i guess, i was wrong

[xcoolaryan]

Hey PrinceParas i have sent you one PM and I have even posted on your blog(although in wrong section)

I was waiting for your dude....

You are basically putting across the idea of setting up a firm/enterprise which will bridge the gap between the people who have innovative ideas/business plan and the people who have power/money to implement that idea...

This sounds quite feasible, in the sense that you would be putting across the idea to VCs who will eventually either invest in the project or reject.

There's someone (forgotten his name) who is doing all this...he has done his education in US & he came back to help ppl from rural india....his organisation lends as low as 5k to various Entrepreneurs...featured in various magazine & on news channel...does someone else remembers him

[dbdocter]

Originally Posted by xcoolaryan

Hey PrinceParas i have sent you one PM and I have even posted on your blog(although in wrong section)

I was waiting for your dude....




There's someone (forgotten his name) who is doing all this...he has done his education in US & he came back to help ppl from rural india....his organisation lends as low as 5k to various Entrepreneurs...featured in various magazine & on news channel...does someone else remembers him

well , i will start by introducing myself, My name is Dhiraj Chhabra, I am working with Tech Mahindra ltd(MBT) as an Oracle DBA Leading a team of 10, My total work experience is around 3 yrs with aTechM and TCS.

I wanted to become an entrepreneur since my college days, one of my close frn had started his BPO After college , but he was not able 2 sustain it and falled back . at that time i was also planning to start my own Database Support and solution company, but after all that bad experience i thought of taking some good experience and than probably start it,

but now my problem is althugh i m working on my plan since lots of days, but i m facing problems in gettin the clients as i dont have a setup as of now, i m working and side by side approaching clients through internet only, but i dont think so its gonna work out, guyz please suggest me some good ways to get some clients on my board so that i can start in a full bang.:grab: ...........how 2 convince them about my capabilities to prove my mettle in my arena...
my target companies will be all those comapnies who are having any sort of databases and they give seperate amount for there supports also.

any suggestions are most welcome .........................

[gabriel666]

Originally Posted by xcoolaryan

There's someone (forgotten his name) who is doing all this...he has done his education in US & he came back to help ppl from rural india....his organisation lends as low as 5k to various Entrepreneurs...featured in various magazine & on news channel...does someone else remembers him

i guess ur talking about vikram akula .. he is been using microfinancing effectively in rural india for the past many years .. infact the organisation he started SKS india SKS has witnessed tremendous growth over the past year . infact just read 2day that he also plans to start a insurance scheme for people form rural india ...

@neo2000 .. dude tell us something more about ur service oriented website .. is it still in existence .. how did u go abt financing the whole thing ..

[Neo2000]

Originally Posted by xcoolaryan

Can we have more details like name of website and you experience regarding it.
I had impression that you were one of the founders of this.....i guess, i was wrong

Why/How did you get that impression?? Allwin's going to be mighty annoyed

Originally Posted by gabriel666

@neo2000 .. dude tell us something more about ur service oriented website .. is it still in existence .. how did u go abt financing the whole thing ..

well i blogged about it Entrepreneurship--Through My Eyes

Edit:wow!! I just put the link to the blog. I have no idea how the blog title's come

[xcoolaryan]

i guess ur talking about vikram akula

exactly, he's been very very successful with his organization SKS india

[Chicane]

Originally Posted by Neo2000

Welcome to the Entrepreneurs club. There were quite a few of us at 1 point of time till slowly I was the only one left. Is this a full time venure or part-time??
Paul Graham makes for great reading :-) I am on my laptop so I dont have a link to a particular post which talks about why full time is better than part-time. I'll post it later.In the mean while.....

Amazing Read Neo. I really liked the way Paul has put down his views in a matter of fact way.And all the points make complete sense to me, as a matter of fact upon introspection i realized i was guilty on a few counts as well

I would want to read more...if you could share it.

[xcoolaryan]

It seems expect me the link is working for every one else....strange....

can some1 post that article here on PG, it will be very helpful...

[Neo2000]

Try Inc.com their daily newsletter is interesting. also BusinessWeek has a feed for entrepreneurs you could try that as well

Have still not set up my desktop please bear with me for a coupla days more only.