MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
Rama krishna MISSION SHILPA mandira lecture on enteprenuership
1. ENTREPRENUERSHIP IN ENGINEERING WORLD
A CURTAINRAISER FOR FUTURE ENGINEER
ENTREPRENUERS
•
Ramakrishna Mission Shilpmandira
,Belur, WestBengal
14-Oct-13
Dream > Believe > Pursue
AICH
INDRANIL
1
2. MODULES OF THE PRESENTATION
•
Module 1 - Entreprenuership defined ,triggering
events ,classification , characteristics and traits,stages
in a company
•
Intraprenuership
•
Module2- Social entreprenuerhip
•
Module 3 - Enteprenuership for engineers,Avenues of
entreprenuership ,Importance of enteprenuership
Rewards
DREAM>BELIEVE>PURSUE
10/14/2013
2
4. ENTREPRENUERSHIP
•
Entrepreneurship is like raising children; it starts with a
moment of enthusiasm, followed by decades of hard
work” -Howard Stevenson
DREAM>BELIEVE>PURSUE
10/14/2013
4
5. ENTREPRENUER- DEFINED
Entrepreneur Webster’s – someone who runs a business his or her own
financial risk
An entrepreneur is a person who undertakes the creation of an enterprise or
business that has the chance of profit (or success).
Some qualities of an entrepreneur
-Partnerships
-Robust network
-Realistic view
-Passion!
-Clear strategy
-Technology
-Ethical Behavior
-Flexibility
DREAM>BELIEVE>PURSUE
10/14/2013
5
7. MY TRIGGERS
Atmano mokshartham jagad hitaya cha,
"For one's own salvation, and for the
welfare of the world".
JOY OF GIVING !
DREAM>BELIEVE>PURSUE
10/14/2013
7
8. MY TRIGGERS
BYOB - BE YOUR OWN BOSS !
EMPLOYMENT GENERATION !
CHALLENGES –PERSONAL ,PROFESSIONAL ,SOCIETAL
TO BE REMEMBERED AS A FOUNDER OF AN INSTITUTION
ENTREPRENUER GENERATION
LEARNING LIFE, LIFE LONG LEARNING !
BECTEL MODEL
-PUBLICATION ON
THE WAY!
DREAM>BELIEVE>PURSUE
10/14/2013
8
10. WHAT SOLUTIONS DO WE HAVE TODAY IN INDIA ?
•
Government jobs – minimal ,reservations!
•
Private sector – Economy driven, Revenue driven ,Recession driven
•
Academic profession – Water , water every where not a drop to drink!
•
Political will to create jobs – Policy paralysis!
•
Skill development- Negligible !
•
Only 9% of Chartered accountants passouts were placed this year!
ENTREPRENUERSHIP IS THE
ANSWER !
DREAM>BELIEVE>PURSUE
10/14/2013
10
11. MY INFERENCES
•
Know more be more !
•
Knowledge is power !
•
Net work!
•
Go kiss the world !
DREAM>BELIEVE>PURSUE
10/14/2013
11
12. CLASSIFICATION OF ENTREPRENEURS
Innovative Entrepreneur - He is the one who introduces a
new product or a new method of production or opens a new
market or explore new source of supply of raw material or carry
out a new type of
organization.- STEVE JOBS
Initiative / Adoptive Entrepreneur – are those who
initiate the successful entrepreneur in technique innovated by
others. – NIRMA
Drone Entrepreneur – are those who will never allow any
change in their production or style of functioning-.HINDUSTAN
MOTORS
DREAM>BELIEVE>PURSUE
10/14/2013
12
13. CLASSIFICATION OF ENTREPRENEURS
FABIAN Entrepreneur - are always on caution. They neither introduce nor
changes nor adopt new methods invented by others. They are lazy and
follow old customs, old method of production – Typewriter industry
,pagers .
Another classification
1) Natural Entrepreneur
2) Motivated Entreprenuer
3) Created Entrepreneur
4) Forced Entrepreneur
DREAM>BELIEVE>PURSUE
10/14/2013
13
14. ENTEPRENUERSHIP
CHARACTERISTICS AND TRAITS
•
Ability to deal with a series of tough issues
•
Ability to create solutions and work to perfect them
•
Can handle many tasks simultaneously
•
Resiliency in the face of set-backs
•
Willingness to work hard and not expect easy
•
solutions
•
Possess well-developed problem solving skills
•
Ability to learn and acquire the necessary skills for
the tasks at hand
DREAM>BELIEVE>PURSUE
10/14/2013
14
15. ENTEPRENUERSHIP
CHARACTERISTICS AND TRAITS
Being an entrepreneur requires specific characteristics and skills that are
often achieved through education, hard work, and planning.
Risk Taker
Businesses face risk. Entrepreneurs minimize risk through research,
planning, and skill development.
Perceptive
Entrepreneurs view problems as opportunities and challenges.
Curious
Entrepreneurs like to know how things work. They take the time and
initiative to pursue the unknown.
DREAM>BELIEVE>PURSUE
10/14/2013
15
16. ENTEPRENUERSHIP CHARACTERISTICS
AND TRAITS
Self-confident
Entrepreneurs believe in themselves. Their self-confidence takes care of
any doubts they may have.
Flexible
Entrepreneurs must be flexible in order to adapt to changing trends,
markets, technologies, rules, and economic environments.
Independent
An entrepreneur’s desire for control and the ability to make decisions
often makes it difficult for them to work in a controlled environment.
DEFERRED GRATIFICATION !
DREAM>BELIEVE>PURSUE
10/14/2013
16
17. INTRAPRENUERSHIP
•These
are the people working in big organization holding key
positions. They are quite innovative and bring many changes in
products and methods of production. They posses all qualification
of an entrepreneur.Top management is big organizations encourages
people in key positions to come out with new ideas so that they can
bring some changes in products and services. They are also known as
extra corporate entrepreneurs or intrapreneurs. They serve as
Champions to others in the organization.
DREAM>BELIEVE>PURSUE
10/14/2013
17
18. DISTINGUISH BETWEEN
ENTREPRENEUR AND INTRAPRENUER
Entrepreneur is employer
Independent in operation
Bears all the risk involved in enterprise
Exhibits higher need for achievement
Profit is the reward
Intraprenuer is employee
Depends on the
organization
Does not bear all the risk
May not have high need
achievement
Attractive salary, promotion
Should have some
professional or
May not have formal qualification
technical qualification
He has to operate within the
Do not have any boundary of operation organizational policy
DREAM>BELIEVE>PURSUE
10/14/2013
18
19. SOME WONDERFUL WORDS ON
ENTREPRENUERSHIP
•
"What does not destroy me, makes me stronger." – Friedrich
Nietzsche, 1844-1900
Great works are performed not by strength but by
perseverance." Samuel Johnson 1709-84.
DREAM>BELIEVE>PURSUE
10/14/2013
19
20. STAGES OF A COMPANY AND COMPANY
LEADER QUALITIES NEEDED
. Idea Generation – start of the company
•
1
•
Creativity, Innovation, Focused, Visionary,
•
Confidence, Optimism, Independence
•
2. Financing the company
•
Passion, Presentation, Selling, Patience,
•
Listening, Flexibility, Responsible
•
3. Building the company / launch of product
•
Organizer, Networker, Doer, Hard worker,
•
Tactical
•
4. Exit
•
Ability to let go
DREAM>BELIEVE>PURSUE
10/14/2013
20
21. MODULE 1 RECAP
•
We looked at Entrepreneurship definition
•
Triggers of entrepreneurship
•
We discussed Personal triggers of Indranil Aich –BECTEL
MODEL
•
Classification of entreprenuership
•
Characteristics and traits
•
We also discussed Intranprenuership and Entreprenuership
•
DREAM>BELIEVE>PURSUE
10/14/2013
21
23. NEW KIND OF BUSINESS –
SOCIAL BUSINESS : PMB(PROFIT MAKING
BUSINESS) VS SB(SOCIAL BUSINESS)
•
Creating business models revolving around low-cost products
•
and services to resolve social problem.
•
Social business is for ‘more-than-profit’ combine revenue-
•
generating business with a social-value-generating structure
•
Can be two kinds -
•
Creating services for poor
•
Owned by poor
DREAM>BELIEVE>PURSUE
10/14/2013
23
24. THE NEW BUZZWORD :
SOCIAL ENTREPRENEURSHIP
•
So, is entrepreneurship basically entrepreneurship regardless of the
context ?
Or
•
•
is “Social Entrepreneurship” something truly different ?
DREAM>BELIEVE>PURSUE
10/14/2013
24
25. WHAT IS SOCIAL ENTREPRENEURSHIP ?
•
Is it Non-profits making money
•
-
•
Process of creating value by bringing together a unique package of
resources to exploit an opportunity, in pursuit of high social returns.
Is it for-profits doing things to show they are not evil.
DREAM>BELIEVE>PURSUE
10/14/2013
25
26. THE ONLY BIG DIFFERENCE BETWEEN
COMMERCIAL AND SOCIALENTREPRENEURSHIP:
Denomination of returns !
•
Social and Commercial Entrepreneurship have most of the
same characteristics
DREAM>BELIEVE>PURSUE
10/14/2013
26
27. SOCIAL ENTREPRENEURS “LOOK” LIKE
ANY OTHER KIND OF ENTREPRENEUR
Social concern, but also :
Innovativeness
Achievement orientation
Independence
Sense of Control over destiny
Low aversion to risk
Tolerance for ambiguity
DREAM>BELIEVE>PURSUE
10/14/2013
27
28. •
•
•
•
•
HOW CAN YOU DO BUSINESS AND
SERVE SOCIAL GOALS ?
WHY IS PROFIT-MAKING NOT
CONFLICTING WITH SOCIAL
OBJECTIVES ?
Promotes R&D, innovation, new technologies
Increases efficiency
Enables penetration to new geographical areas and serve
deeper layers
of low income people.
Helps recover costs and pay back investors, thus encourages
investments
DREAM>BELIEVE>PURSUE
10/14/2013
28
29. •
PMBs (Profit Max. Business) vs SBs (Social
Business)
•
How they are same yet different
•
Employ workers, create goods and services for consumers
•
Must recover full costs
•
Profits are important
•
YET objective is to create social benefit and not limited to
personal gains
DREAM>BELIEVE>PURSUE
10/14/2013
29
30. A GIVING NATION IS A PROSPEROUS NATION
So why does social
entrepreneurship matter ?
DREAM>BELIEVE>PURSUE
10/14/2013
30
31. A GIVING NATION IS A PROSPEROUS NATION
High personal ROI on giving
Happiness
Health
DREAM>BELIEVE>PURSUE
10/14/2013
31
32. SOCIAL BUSINESS –
SOME EXAMPLES
•
•
•
Banking and finance is the biggest
beneficiary of technology-enabled social
startups
• Muhammad Yunus, Grameen Bank
(Nobel Peace Prize 2006) ** not founded in India
• Vikram Akula, SKS Microfinance (Social Entrepreneur of the Year
Award 2006)
• Kiva (peer-to-peer micro-lending website) ** not founded in India
Energy
• Solar Electrification - Harish Hande, SELCO (Social Entrepreneur of
the Year Award 2007)
Other examples
• Education (Same Language Subtitling, Janarth - education solutions
for children of migrant laborers)
• Many more…
DREAM>BELIEVE>PURSUE
10/14/2013
32
33. SKS, specializing in microfinance
is one of the largest and fastestgrowing microfinance
organizations in the world
(disbursements exceeding
$500 million to about 2.2 million
women)
DREAM>BELIEVE>PURSUE
10/14/2013
33
34. BANDHAN
•
About Bandhan-Bandhan (meaning togetherness) was born in 2001
under the leadership of Mr. Chandra Shekhar Ghosh, a Senior Ashoka
Fellow. The main thrust of Bandhan is to work with women who are
socially and economically disadvantaged, for their social up-liftment and
economic emancipation. Bandhan commenced microfinance operations
in West Bengal in July 2002. As on date it is working through a strong
network of 1,550 branches with more than 8,610 employees in 17 states
across the country and has reached to above 3 million poor families with
its microfinance operation.Also, Bandhan is actively engaged in the
development space through its education, health, livelihood program,
DREAM>BELIEVE>PURSUE
skill development initiatives.
10/14/2013
34
35. MODULE 2 RECAP
•
Social entreprenuership -SB VS PMB
•
The difference in definition
•
The process of social entreprenuership
DREAM>BELIEVE>PURSUE
10/14/2013
35
36. MODULE 3
•
Enteprenuership for engineers
•
Research and development - design
•
Manufacturing sector
•
Services sector
•
Support industry for both
DREAM>BELIEVE>PURSUE
10/14/2013
36
38. USEFUL WEBSITES OF ENTREPRENEUR
Websites which can help in preparation of the Business Plan :
www.score.org. This website has templates of the documents on excel
sheet : www.msme.gov.in
Government policies from the ministry of micro small and medium enterprises :
www.laghu-udyog.com
The official web portal of MSME : www.techsmall.com
Website sponsored by SIDBI : www.enterweb.org
Global information networks : www.enterweb.org
The entreprise development websitea knowledgeportal:www.loc.gov.in
Businessplan: www.bplans.com
Procedure for starting MSME:www.opportunityindia.net
DREAM>BELIEVE>PURSUE
10/14/2013
38
39. ENTREPRENEURSHIP: THE
IMPORTANCE
Central to the development of economy
The micro and small enterprises (MSEs) constitute over 90% of total
enterprises in most of the economies.
Employment generation
MSE sector accounts for about 39% of the manufacturing output and
around 33% of the total export of the India (in term of value).
Ministry of MSME-GOI
DREAM>BELIEVE>PURSUE
10/14/2013
39
40. ENTREPRENEURSHIP: THE IMPORTANCE
•
The nation that fosters an infrastructure of linkages among and between
firms, universities and government gains competitive advantage through
quicker information diffusion and product deployment’..US Council on
Competitiveness 1998
•
‘Leading knowledge based economy in the World’ (Lisbon Council) and
key issue for the EU is to build a ‘climate in which entrepreneurial initiative
and business activity can thrive’.. green paper on entrepreneurship- EC
Commission-2003
DREAM>BELIEVE>PURSUE
10/14/2013
40
41. THE RETURNS !
Genius consultants –Times of india HR EXCELLENCE AWARD
2013
DREAM>BELIEVE>PURSUE
10/14/2013
41
42. DREAMS CAN NEVER BECOME A REALITY WITHOUT HARD
WORK.
DREAM>BELIEVE>PURSUE
10/14/2013
42
45. •
AICH APPRAISERSAUCTIONERS AND VALUERS
We value every thing under the sun
• Partnership firm Started in August 2009
•Valuation Services for Movable And Immovable Assets Construction
and Mining ,Medical Equipments for asset based lenders banks and
financial institutions
•Consulting Partnership With American Appraisals Pvt. Ltd.
•Over 6000 assets valued in three years with a value of around
3000crores INR
•MEMBER COMPANY OF CII ,BNCCI AIMA &IGCC
WE VALUE EVERYTHING UNDER THE SUN
10/14/2013
45
46. AICH APPRAISERSAUCTIONERS AND VALUERS
We value every thing under the sun
EMPANELMENTS
WE VALUE EVERYTHING UNDER THE SUN
10/14/2013
46
47. AICH APPRAISERSAUCTIONERS AND VALUERS
We value every thing under the sun
•EMPANELMENTS
WE VALUE EVERYTHING UNDER THE SUN
10/14/2013
47
48. •200% Year on year Growthboth
bottomline and topline
•Strong credit rating
•Qualtrics Rated top 3 in India in Valuation
Services
•Finalist forAIMA -Dr J.S Juneja Award for
Innovation and creativity for MSME
enterprises for 2012 -2013 and ICICI CNBC India Emerging India Awards 2013
WE VALUE EVERYTHING UNDER THE SUN
10/14/2013
48
50. •
KATAICH INFRACORE ENGINEERING PVT. LTD.
•Started with Changling construction machinery distribution and Nawa
crushers
•Year on year growth 200%
•Revenue of ½ million USD in 2011-2012
•Shantui heavy machinery dealership
•Spare parts supplier company
•Started as the flagship company and diversified
WE VALUE EVERYTHING UNDER THE SUN
10/14/2013
50
51. •
AICH MINING RESOURCES PVT. LTD.
Opencast & Underground Mining of ferrous & non ferrous metal & non
metal mines concept to commisioning projects
•Opencast
•Concept
& Underground Equipment Selection, installation
to commissioning Technical Consulting & Mining Consulting
•Coal
•CHF
Washers Consulting
Concept to Concept to commissioning projects
WE VALUE EVERYTHING UNDER THE SUN
10/14/2013
51
52. •
AICH MINING RESOURCES PVT. LTD.
Opencast & Underground Mining of ferrous & non ferrous metal & non
metal mines concept to commisioning projects
•Opencast
•Concept
& Underground Equipment Selection, installation
to commissioning Technical Consulting & Mining Consulting
•Coal
•CHF
Washers Consulting
Concept to Concept to commissioning projects
WE VALUE EVERYTHING UNDER THE SUN
10/14/2013
52
53. A BREIF PROFILE OF INDRANIL
AICH F ABOUT INDRANIL AICH
Chequered career of 18 years in the industry out of which 14 years
in multinationals of repute
Worked in Titagarh Wagons Ltd GoIndustry – Dovebid (Formerly
Henry Butcher) ,UT Limited (JV between Usha Group and
Telehoist of U.K.) Ingersoll Rand India Ltd,TIL (Tractors India
Limited) -Jayashree Textiles, Indian Rayon Group –Rishra.
Award winning Production engineer with MBA from IIFT kolkata .
Publications and teaching assignments in several institutions of
repute .
WE VALUE EVERYTHING UNDER THE SUN
10/14/2013
53
54. A BRIEF ABOUT INDRANIL AICH
PROFESSIONAL MEMBERSHIPS
International Memberships
Honorary Life member of Royal Institute of Chartered Surveyors (RICS),
London.
Life member American Society of Mechnical Engineers USA
Life member of the Mining ,geological and metallurgical Society of India .
Life Member of Operational Society of India, Quality Circle Forum of India,
Systems Dynamics Society of India
Life Member of Institution of Engineers (Membership No.M-132302-9) and
Chartered Engineer from Institution of Engineers (AM 092132-5).
Approved valuer (Registration No.18328) Category – Production & Industrial
Engineering and Fellow and Life Member of Institution of Valuers.
Member of Indian Council of Arbitration, New Delhi an organization of FICCI
and Ministry of Commerce.Member of Practicing Valuers Association of India
WE VALUE EVERYTHING UNDER THE SUN
10/14/2013
54
55. A BRIEF ABOUT INDRANIL AICH
A BRIEF ABOUT INDRANIL AICH
INDUSTRY CHAMBER MEMBERSHIPS
Member of Confederation of India Industry Eastern Region
Member of MSME National council CII
Member of West bengal state council
Member of the economic affairs ,taxation and finance subcommittee
Member of the Safety subcommittee
Member of the MSME subcommittee
WE VALUE EVERYTHING UNDER THE SUN
10/14/2013
55
56. A
You can reach me @
indranilaich@gmail.com
aichappraisers@gmail.com
Mobile +919831088204
WE VALUE EVERYTHING UNDER THE SUN
10/14/2013
56