Saturday, December 22, 2012

6 Lessons for Enterpreneurship

6  Lessons for Entrepreneurs

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No Plan
Not Weaknesses
Not You
Do Excellent Mistakes

Entrepreneurship Videos for course

Videos for Enterpreneurship Course
Enterpreneurs made Vs. Born: 

1. Peter Theil.Pay pal investor.. .

1 Entrepreneurship course related 57 videos..

2  Also .... Young Turks - CNBC  
2. Great  video:

Steve Interview -

Steve starting NEXT company -

3   Start Up lessons ..Steve Blank ..

Steve Blank - Slides / Vidoes

National Governess ( Steve Blank address )  conference video on YOU TUBE video  is too good.. Part 1 and Part 2 .. 
  •  Passion startups

  • Social startups

  • Small Business - Startups

  • Scalable Start ups  fail 90 % of them... Hence RISK CAPITAL.. !   
          Culture - Infrastrucutre 
  •   Buyable startups 
 Steve  Blank - 9 Step - Customer Development process;

 1 Value  propostion - 2 Who are customers - 3 Sales channel - 4 Customer relations - 5 Revenue streams - 6 Key resources - 7 Key partners - 8 Key activities -9 Key costs - Expense

Steve Blank - Slide share source:

4. Stanford Business videos list..

5 Mark Zuckerberg of Face book:

6 Stanford to Start Up: 8 Startup Myths exposed  :  

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7.  CNN... 100 Student start ups:

8. TED video .. You cannot have GREAT CAREER..

9.  National College of innovations ..         or

A guide to student enterpreneurs:

10... Design Thinking:

9. Kishore Mahbhubani lecture on Asian Enterpreneurship:

10. Vir Singhvi: Tycoons with Vir Singhvi

1 . You can be entrepreneur from a blog / book /  a academic course

2 . Startups can only started by Computer science graduates

3. Finding solution to the problem is hardest thing

4. Work for months, build a robust product in sec racy and then launch to the world

5. Stat a bidding war with VCs with slick pich deck

6 Stating a company = Building a product

7. Successful startups come from single good / great idea

8 . Great Start ups happen overnight

11. Saras Videos: 

1. Good - Video .. Why start a business ?


12. Some internet articles   sources for the students : - Sent by Nikhil..

13. Business a new story .... FREEMAN..

14. Horrible video .. boring one..

15. HP Enterpreneurship LIFE program.. Good one.

Monday, December 3, 2012

Entrepreneurship Development 2015 Course @ NITIE

Entrepreneurship Development 2015
Elective Course - NITIE, Mumbai

( Visitor to this blog are advised to read the other blog related to this course...;postID=8813390980031575564 )


This course is ELECTIVE    for NITIE  II year students  in 5th module.. Course has THREE  credits weightage.

Course  Objectives

  • To provide REAL FEEL of a commercial activity, imagined, implemented with its full impact on self
  • To provide a platform so as to IMPLEMENT + INTEGRATE  the various course learnings. This  includes   that the students implement their  learnings from KG - Kinder Garden studies to  TO DATE .  
  • Students may also DO and IMPLEMENT things that they have not LEARNT but with a view to to DO first and then followed by LEAR ! 
  • Make the students to experience their entrepreneurial potential and 
  • Make them to plan their future career more ENTREPRENEURIAL 


Course  try to full cycle of entrepreneurial journey. 

Learning in this course typically cover -  Idea generationPlanning and working out  an Idea Implementation - Creating Enterprise  for idea implementation - Bearing the  Impact of idea implementation..

Unique things about the course

It is Practical course.
Self focused - Course is focused on student self. At the end of the course student must engage, experience and evolve..
Integration of what already a student knows and capable of is the focus of this course .. NO attempt will be made by the faculty to upload more information and or equip more techniques in the name of course learning. Present course expects the students to retrieve and pool together and what all the students learned / and what ever they are learning as inputs
Value creation - Course expects the students to create an economic value without fail. Economic value creation by the students is VALUED MOST.
Self Reliance  is focus..  

Pedagogy : DO EARNABLE way, and LEARN

This course  NOT focused for .... 

listening to lectures, knowing of the things and the processes , understanding  and  researching about the world .  These things might be there as part of the course but  these are NOT the FOCUS of the course.

Focus of this course is  EXECUTING,  EXPERIENCING the  ENTERPRISING in the form of  business activities

Learning is essentially imparted through the mode of  a  STUDENT  START UP .  Students are assigned to launch their own startup as part of learning the course. 

Pedagogy  followed in the course learning  is more STUDENT CENTRIC and STUDENT  DRIVEN. There will be less number of class room based learning. Much of the learning is targeted for providing the students experience of the business outside of the academic setting.   

Students are advised / guided to work on  an enterprise that they can launch without constraints. 

 Students are activiey guided to select an START UP that they can DO and IMPLEMENT along with their regular academic curriculum @ NITIE Mumbai.....Students are  specifically advised and discouraged NOT to choose and select an START UP IDEA that  they CANNOT implement during and as part of their academic studies.

Course Evaluation : T H R E E  components. ( A + B + C + D..  )

A. Earning My FIVE Square Meals  20 Marks

During the course each of the students are assigned to earn atleast  FIVE square meals that they eat. The experience of  earning the FIVE square meals will be one of the important inputs taken for course learning.  

Earning FIVE Square meals by the students must meet TWO conditions mentioned below:

1. Earning has to happen on their own... meaning self employed .  Employed with somebody / some shop or establishment is NOT acceptable. One has to visualize, imagine, plan and implement what one wants to do earn theie FIVE square meals..

2. For earning TEN square meals, students must  necessarily  use all that the knowledge + skills that they acquired all through their academic life. They must must make their earning by applying / utilizing   their  competences ( K + S )  that they acquired. Earning TEN square meals by NOT engaging their Knowledge is NOT acceptable. 

B. Enterprise Practicum:  40 marks..

Students are expected to complete minimum of  TWO of the following criteria related to their startup enterprise. Meeting the criteria is important to score marks. 
  • Formal registration of ones own enterprise
  • Launching a website for ones own enterprise
  • Readying  the product and / or service for the enterprise
  • Opening the bank account in the name of the enterprise
  • Executing deeds and   or bonds with Business partners,  vendors, customers etc.
  • Procuring the Business of Rs. 5000 /- 
  • Achieving an Enterprise turnover Minimum of  Rs 5, 000  / -  
 More about the concept of  START UP as part of this course ....

The Start up students launch in this course may not be the ULTIMATE / DREAM Enterprise that they  want to start in their future.. Idea is not to make the future enterprise of yours make happen  now it self.

Purpose of starting a start up as part of this course is it to make the students to understand, to know what a start up will look like.  

' Enterprising that can be done as part of a course' is the single most important principle will be taken in to consideration

 - Deliberately, students will be assigned  to start -  Small, tiny, tenable startups rather than big, mighty, huge enterprises which are generally found NOT possible to be implemented by student entrepreneurs. It is not the size and scale that matter most for effective learning.. Rather enterprising activities having long and complete VALUE CHAINS in an enterprise are preferred )
C. Launching NITIE Allumni Enterpreneurs Annual  Meet:

This course students are assigned to launch  NITIE Allumni Enterpreneurs Meet during Feb / March months at NITIE. CIE and Empressario groups  will also support this initiative of by NITIE enterpreneurship course students. This meet will become annual event and every year NITIE Allumni enterprneurs will be invited to NITIE students will benefit from the interaction with such allumni.  

D. Final  End Term Exam : 40   marks

Assignment Submission: 

Students are expected to submit the following assignments. ON LINE

1. My TEN square meals earning experiencesEntrepreneurial opportunities, Enterprising competencies,  

2. Experiencing of launching  my own startup

3. E Plan for my Startup 

4. Registration of a Start up

References and Books 

Steve Jobs biography


Venkat Raman PPT on Ent. Edn:

Babson vidoes on YOu tube:

Reference blogs:

TIE Mumbai Videos:

Paresh Masade - 
Founder, Coherendz wrote this  mail to current students..

 Dear Rahul,  Please forward my mail to all the students of IE batch.

Dear Juniors,

Wish this mail finds you looking out for how to spend time effectively, am sure module 3 is when you get lot of free time.

To introduce myself, I am Paresh Masade, your senior (IE 37), working on to build the product company called - Coherendz. I started that while i was at campus and took it full-time after NITIE. I came to know from prasad sir is that none from IE have shown interest in Entrepreneurship Development Course, it was very disheartening and so i thought of writing mail to you guys sharing my experience. 

I am sure there would be many of you who want to start a company, sometime in future, and there are many who should be looking for a good placement. For either of you, this course is a real kickoff and a must opt in. I have put down the thoughts on why should you start a company while you are in campus...

Best time to try out things, learn from experience.
Lessons running a company cannot be thought, there can be no classroom knowledge that will replace your experience in working in startup. Given that most of the startups fail, and real learning comes from failure, it would be an opportunity for you to experience failure. Campus is the best place to fail, once you are out, it would be much costlier to fail. What it takes to build a company is ability to be resilient, being resilient can only be experienced. So, if you wish to start in future, sure do that after taking a job, but its worth experiencing it now. 

Helps in skills and placements.
Companies i have known, seek entrepreneurial job seekers. I was short listed in 7 companies for interviews based on my resume. I missed jobs as i was probably too frank in saying that i will stay with them for about couple of years. Companies are always looking for people who can come up and take up leadership positions. The salaries of over a million rupees are offered only because they feel we have the ability to take initiatives. And an initiative like starting a company on your resume would boast about your leadership skills. 
So, even those seeking better placements, it would be a real add on. 

Apart from that you get the first hand experience of subjects you learn, right from marketing management, finance to HR. You will understand what it takes to keep people motivated (HR), you will innovate on ways to position and market your product. You will learn what it means to lead a team/ work in a team. Be it supply chain or anything, you will understand that none of what you learn in books at NITIE can be directly implemented.

You will become more confident,
The best of my experience in working on a startup is it made me more confident, what startups give you is lot of challenges and as you work on them they make you stronger, it gives you the belief that however big the problem be, you will be able to find out a solution and not give up. A quality that will stay with you rest of the life.

So guys, go ahead and opt for the course, it will be the best experience for you. 

Here are a few blog posts about my experience:

feel free to shoot any questions you have at

warm regards
Paresh Masade

Coherendz -
Follow Us on facebook:



Thursday, November 29, 2012

ED Course Letter to I Year Students

Entrepreneurship Development Course 
@  NITIE     I Year Students     2012 - 13

( Visitor to this blog are advised to visit the other blog..;postID=4960207791353369800 

Welcome to Entrepreneurship Development (ED)  Elective course  2012 – 13 ! Purpose of this blog is to clarify few things regarding the elective – ED.




This course  NOT focused for ....  listening, knowing, understanding  and  researching.  These things may be done as part of the course but  these are NOT the FOCUS of the course.

Focus of this course is  DOING, EXPERIENCING the  ENTERPRISING in the form of  business activities

Learning is essentially imparted through the mode of  a  START UP .  Students are assigned to launch their own startup during the course.

ED  course will be taught in  practical style.  There will be less number of theory classes as part of the course.  Belief here is that every student who came to the level of PG has had enough of theory and no practical exposure to the extent minimum that is desired  is provided as part of curricular learning.  Immediate need is to drive the students to practical exposure. Students will be assigned to practice entrepreneurship rather than listen to the entrepreneurship and entrepreneurs. The aim of the course is to give the opportunity to the students to realize their  entrepreneurial abilities through PRACTICE. 

3.     Extent  of practice of ‘Entrepreneurship’ by the Students will be criteria to  assess the scholastic achievement of the students. Focus is not on the knowledge acquisition rather on the application and value creation.

Co curricular:

4.     An additional feature of this course is that students will be arranged to interact with a group of NITIE Alumni Entrepreneurs  ( On line and Offline ) so as to get mentoring and  guidance.  You can visit the group by visiting the face book page..

General suggestions :

5.     Students  are encouraged to enroll in  small teams ( 2 or  3, Mix of boys and girls ) rather than individuals.  The course encourage and assign the students to work in small teams so as to launch their own enterprises and run them . If the students join as small teams, it  will facilitate.  Let me share that the course learning and teaching strongly discourages the students to work as Individuals.  NITIE Students are allowed and encouraged to pick up student business partners ( boys and girls ! ) belonging to other colleges too.  
6.     To facilitate student enterprising  @ NITIE, there is an attempt to develop NITIE Alumni Venture Fund .. This fund is Private Equity firm and try to invest in student enterprises. There is already informal network of NITIE alumni who are aspiring to invest in select enterprises.

Special benefits due to pursuing the course: Students who take this course are benefited beyond the  mere learning and grades.

7.      Students who take this course will end up with an enterprise of their own by the end of the course.   

    Students if they are willing, continue to work on their enterprise further in to their summer internships ( Mar – July )  immediately following this course.  As you are aware  NITIE encourages the students to work on their own  enterprises as summer projects and award necessary academic credits to the students.  Again, students continue to work on their enterprises is absolutely OPTIONAL. There is no compulsion of what so ever. 
8.     Students who take this course may get an opportunity to further continue to work on their enterprise even during their second year of their academic pursuit at NITIE. It is important to recognize that students can concurrently work on their enterprise and at the same time they can pursue their academic pursuit, make use of the enterprise experience to submit various academic assignments during second year of study.

9.     Taking this course also provide an opportunity to the students to  apply their theoretical learning in their enterprise and test the validity and relevance of their theoretical leanings.    

10.                        This ED course is NO way against the PLACEMENT..   Rather it enhances the placement opportunities for the students. 

 Let the students be reminded  that   

     Best Recruiting Companies look for people who have demonstrated their  enterprising competence in concrete terms rather than those employees  who only talk about enterprising .

11.                         Finally, this course will be useful to those who aspire to become entrepreneurs some time in future.  In reality, course pursuit will reduce the overall time taken for any  student  to become  an entrepreneur.

It will be  my pleasure to clarify if any doubts the students have regarding the course.  Write to – … mobile. 09869464525

Dr T Prasad

Friday, November 16, 2012

Student enterprises sources and learning by earning

Student Enterprising Sources

Who is an entrepreneur ? A source on Inter Net..








Start Ups: Mahesh Murthy -

Tie Mumbai -