DAY 1 Recap

 Tasks
 Lets move to caselet
 Seat in distinct group of 5
 Group 1 of Abhinav, Abhisheks
and Akshay to administer the
case discussion.
Govinda Govinda Govinda
Govinda
 Main traits and skills??
 Level of commitment and reasons
why you think so???
 Whose need it was???
 What can possibly keep govinda
going
We missed on…
 Intrapreneurship
 Entrepreneurial
Decision Making
Process

 And also the

types of
entrepreneurs
Types of Entrepreneurs
Classification based on timing of
venture creation
- Early starter [belong to business
family, thinks that opportunity will
be lost if delayed]
Eg. Suhas Gopinath Age 14, Globals
Inc. in USA and not in India…
Experienced
 Few years in family business or
large company [takes on similar
kind of work, brings in experience,
skills and personal credibility in to
venture]
 Eg. Narayan Murthy Age 35 Infosys
Mature
 Very seniors and CEOs
 Why
 Eg. Ashok Soota and Subroto Bagchi
quit Wipro and started Mindtree
 BVR Subbu, Ex CEO of Hyundai Indai,
who brought the plant of Daewoo in
India.
Based on Socio-Cultural
Variables
 First Generation – Dhirubhai
 From Business families – Marwadi,
Gujrati, Parsee, Sindhi, Chettiyar
Communities
 Minority Entrepreneurs – not in
business – Vidarbha, NORTH-EAST
 Women Entrepreners –
BeautiQeen!!!, Kiran Majumdar Shaw
(Biocon)
Based on Entrepreneurial
Activity
 Novice – First venture [nothing to do with
age] Vishmbar Saran Age 35 Director, Raw
material Tata Steel, started Visa steel, a 400
crore company in 10 years.
 Serial Entrepreneur – start sell and move on
Rakesh Mathur IIT mumbai, now started
Webaroo – for easy offline surfing
 His Junglee was sold to ------------???
Portfolio Entrepreneur
 Starts and runs many businesses
at a time
 Reasons???????
Unit 2
 Mind
 Idea to business plan
 First movers Advantages
 First movers disadvantages

 Can we have few examples

Task 5 : any two persons
 On Edward de
Bono’s Six
Thinking hats
 Tomorrow 9AM 15
Minutes
 The first movers
are
1.
2.
Move to sources of business
idea
 Past work ex
 Hobbies & interests –John McEnroe
 Strengths and abilities – think on
your top ten accomplishments
 Friends and family – focus group
Hope you know about brain
storming
 What about mind maps??? By Tony
Buzan
 Task 6, 15 minutes ppt,
tomorrow 9.15am
 Members

1.
2.
Business idea evaluation
Q1. What is your Target market
segment?
Q2. What is the business model?
Q3. How big is your market?
Q4. How can you protect your
business?
Q5. What are you getting out of it?
Task 7
 Porters 5 forces model, 15 min ppt
tomorrow 9.30am
Members.
1.
2.
Our very own SWOT
analysis
 Breakeven analysis etc
etc
Before we move…
 Come up with your group business
idea.
 Filter out your Business idea using
tools discussed.
 Lets proceed with
Screened business ideas!
@#$%^&?
Please allow me to say

THANK

U
Next Class

Chulha
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