Technology Entrepreneurship for Students

1. Students, Technology Trends,
Entrepreneurship
Prakash B Pimpale
pimpalepatil.googlepages.com

2. Ahead
Share Experiences, though few
Doing the Best Possible in Student Life
Technology Trends
Practical Entrepreneurship

3. Doing the Best Possible in
Student Life
Study Well – What you are supposed to study!
Have a topic of Interest and follow it
Current Affairs of your field - Technology and
Market
Strong Application Oriented Projects
 Relating to Fundamentals
 Relating to Hot Applications
 Innovation

4. cont…
Extra Curricular – Communication, Courage, Leadership
Focused Preparations for Job – One/Two Subject/s, Aptitude
and General Interview Skills
Try hands at innovating and commercializing something

5. cont…
Utilize time well – We can’t expect anything more than this in
globalized world!

6. cont..
Courses like:
 Artificial Intelligence : Programming a Robotic Car
 Programming Languages : Building a Web Browser
 Image and Video Processing
 Digital Signal Processing
 VLSI CAD: Logic to Layout
 Machine Learning
 Natural Language Processing
 From fields like Medicine, Biology, Economics …..

7. cont..
Programming

8. Technology Trends
Artificial Intelligence
Data Mining/Machine Learning and Statistics
Communication Devices
Web and Mobile Applications
Intelligent Transport System, Agricultural and
Environmental Electronics
...
--
http://deity.gov.in/ : Department of Electronics and
Information Technology

9. Cont..
Example:
Diabeto : Shrikant Pawar

10. Cont…
Sensors will be in everything, and
everywhere.
- Reid Hoffman,
LinkedIn Founder
VC at Greylock

11. Entrepreneurship

12. Can't skip even a line of it
More and more students are realizing that they can’t pass their
degree in for a job upon graduation anymore. The old promise
made by our education system was that if you worked really hard
in school, you would be almost guaranteed a job as a reward for
your efforts. Furthermore, corporations used to hire most of their
interns into full-time positions. Both of these promises have been
broken due to economic constraints and global competition.
Based on a recent report by my company, we found that
employers expect students to have at least one internship, yet
only half of them are bringing on new interns and few have hired
them into full-time positions. The normal path to growing your
career is non-existent. In today’s world, you can’t rely on
anything or anyone to make you successful – you have to be
accountable for your own career and create your own path.
- Dan Schawbel, Why Students Should Gain Entrepreneurship Experience Before Graduating, Techcrunch

13. Entrepreneurship: Act of being an entrepreneur - wikipedia
defines entrepreneur as one who undertakes innovations,
finance and business acumen in an effort to transform
innovations into economic goods
Entrepreneurs

14. Skills
Entrepreneurial skills
Risk-seeking
Innovation
Change-orientation
Persistence
Visionary
Technical skills
Domain specific hard skills
Communication
Co-ordinating in team
Interpersonal relations
Biz Management skills
Planning, formulating
Goals, decision-making,
motivating, marketing,
accounting, negotiation

15. How It Goes
 For 'some' reason you think of starting on your
own
 You get a chance to work on it
 You start
 You fail and succeed iteratively
 You raise funding [Angel/Venture Capital]
 You scale
 You sell or you are all set for an IPO

16. What Exists and What may Excel

17. Contemporary Startups
 Flipkart, Infibeam : Books, Electronic Stuff, Gifts, etc.
 Bookmyshow, Bookmytrainings : Bookings
 Makemytrip, Cleartrip, Redbus : Travel Booking
 Dealface, Groupon : Group Buying, Daily Deals
 Facebook, Twitter : Social
 Naukari, Jeevansathi : Hunt
 Paypal : Payment Gateway
 Desicrew : Rural BPO
 RangDe, Inkfruit, Airtel, Google, JustDial, NIIT

18. Next big
 Analytics - Mu Sigma (Rs 580 crore from Sequoi and
General Atlantic)
 Online Docs – zoho
 Social Net - Custom social nets
 Electronic Commerce – Buildabazaar, firstcry.com
 Daily Deals/group buying – Groupon, mydala, daily deals,
snapdeals
 Telcom – Internet, applications, low cost services [?]
 Non Tech- Agriculture, Health Care, Human
resource/staffing, transport, banking, food, Clean tech
(Solar, environment friendly products)
?

19. Where to start

20. Online forums
 NASCOM Emerge Community
 National Entrepreneurship Network
 Pluggd.in
 iamstarting – interviews with founders
 TechCrunch
 open Coffee clubs / POCC
 Paul Graham Essays (Y Combinator)

21. Offline Stuff
 Magazines : Entrepreneur, DARE, Udyojak
(Marathi)
 Books: Many out there, For starters- books by
Rashmi Bansal
Read anything and every thing that interests
you : An entrepreneur always looks for an
opportunity in everything, almost everything!

22. Events
 Startup saturday
 Proto.in
 StartUp city
 iWeekend
 Startup Garage, pune
 NASSCOM Emerge
 TiE – The Indus Entrepreneurs
 Tata Jagriti Yatra

23. Funding
 Venture Capital: Sequoi capital, Cannon
Partners, (Vinod) Khosala Ventures
 Incubators (SINE IITB/CIIE IIMA)
 Angel Investors – Mumbai Angels, Indian
Angel Network
 Public – NSE/BSE
Seed.Early.Growth

24. Government Initiatives
 National Science & Technology
Entrepreneurship Development Board
(NSTEDB), DST India
 Technology Development Board (TDB), DST
India
 Incubators at IIMA, IITB, NCL Pune and many
more by TDB
 National Innovation Foundation –
Competitions, Joint Product Development,
ideas, Patenting

25. Why is this right timeto start
 for technology startups – opensource,
digitisation, user maturity, funding
 for non tech startups – low cost processing
with automation, focus on core business,
consumerism and growing incomes, awareness
about the standard of living, funding

26. Startup Jobs
http://punestartups.org/
http://www.dreamstarts.in/
http://themorpheus.com/startup-jobs/
http://headstart.in/headstart-higher/

27. Any ideas?
Thank you!

28. lifetimeusefulquote