Sunday, August 4, 2013

Alumni @ COllege

Before coming here, I heard a lot from many of my friends from IIMs and ISB that the alumni base of NITIE is the best and after coming here I realized why. The two revered ones were:
1. Nikhil Kulkarni, Manager, KPMG India
2. Hemant Kumar Jain, Manager, KPMG India

Entrepreneurship vs Job

After introduction and various questions thrown from our side, the talk began.

"Entrepreneurship is the act and art of being an entrepreneur or one who undertakes innovations orintroducing new things, finance and business acumen, in an effort to transform innovations into economic goods."

"job is a regular activity performed in exchange for payment."

But these definition has nothing to do with what you can do in a job or by being an entrepreneur. In today's scenario everyone entering an esteemed MBA college wants to be an entrepreneur without knowing anything about the opportunities and risks involved in it. So it is very important to clear the confusion around it. The question which is significant over here is not about being an entrepreneur or going for a job, rather what you want from that. If you have a unique idea and you think you can work it out into a business idea, then you can think of entrepreneurship. On the other hand, if you want to innovate, work in a stimulating environment, don't want to work under many restrictions, don't want to do a job which is mechanical in nature and other similar reasons, don't go for entrepreneurship. A right job can provide a lot of the above things without making you an entrepreneur. A very apt question came out on the table, "Rather than working for a multinational company one can work for the country by starting an enterprise". But this thought is quite shallow because one should consider oneself as a global citizen and should work for humanity. When one starts an enterprise, you can't work freely as there are various rules and regulation to be followed to start a company and also one should have proper funding which is not that easy to get in present time. So, unless you have that burning idea to take you to the other side, don't just follow entrepreneurship for the sake of it. But if you have that thing burning inside you don't stop for anything in the world.

MastishK

It is India's first online business game to be started by our two guest lecturers. This was a new idea that convinced them that they can go all the way with it and they started it and excelled it.

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