I used these slides for a presentation i made at the career guidance workshop organized by AVYC, Pune on July 14th, 2013. The idea was to encourage and promote entrepreneurship among the youngsters; to make a point that "working for a big company" is not the only career option for fresh graduates. I also presented Thinkube, an initiative that helps first-time business men.

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Entrepreneurship – A
Perspective
Uday Bhaskarwar
uday.Bhaskarwar@thinkinghut.com

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A Loud Statement
Want to make it REALLY big? Stop working!

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Success stories in technology
space…
Google Yahoo! Facebook
Microsoft Hotmail

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What’s common about all these
stories?

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Let’s take a deeper look…
• Google – Started in Stanford by Larry Page(23) & Sergey Brin(23)
• Yahoo! – Started in Stanford by Jerry Yang(26) & David Filo(28)
• Facebook – Started in Harvard by Mark Zuckerberg(20)
• Microsoft – Started by Harvard dropout Bill Gates(20) & Paul Allen(22)
• Hotmail – Founded by Sabeer Bhatia(28)

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What’s common about all these
people?• All are billionaires!
• All started young
• All had opportunity to get “good” jobs
• It all happened in the US

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Money, Glory & Satisfaction…

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Making money…

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Satisfaction…

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Why is it not happening in India?
Cultural
Issue
Focus of
Academia
Ecosystem
Social
Pressure
Priorities

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The good news… Hawa badal rahi
hai…

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Badalti Hawa…
• More youngsters are opting for entrepreneurship as their “first job”
• More parents are supportive
• Academia is pitching in
• Incubation centers
• Individuals are pitching in
• Success stories are already there
• Redbus.in –
• Started by Phanindra Sama(25), Sudhakar Pasupunuri and Charan Padmaraju
• Got acquired in 7 years
• Got acquired for around Rs 700cr

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A small attempt to support Entrepreneurship

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Thinkube tries to address following…
• I have a great idea. How do I get started?
• I have an idea. Can someone hear me out and guide me?
• I have the passion and I will do whatever it takes. Can someone give
me a good idea to work with?
• How do I articulate my idea in a commercial way (business plan)?
• How do I set up my company? What are the compliance
requirements?
• Can I get a small office with all the infrastructure?
• Can I get some funds to build my business and also to survive?!

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What can Thinkube provide?
Plain Gyan!
Review your
ideas critically
Ideas to work
with!
Help with
business
planning
Financial
Support –
equity or loan
Operational
Support
Infrastructural
Support

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What Thinkube can’t provide…
• Passion & commitment (you need to bring these with you!)
• Do sales and marketing for you
• Lotsa mullah or growth funding
• We are not a VC fund

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Is it just plain talk?
• These are early days - Launched on June 25th, 2013
• We already have a “Kube”
• Campus Diaries (http://www.campusdiaries.com)
• Thinkube’s role
• Advisory
• Funding for minority stake
• In discussion with others…

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Revisit the Loud Statement
Want to make it really big? Stop working
for others… Work for yourself…

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Q & A
Contact us at info@thinkubeindia.com
Website www.thinkubeindia.com

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Q & A
Contact us at info@thinkubeindia.com
Website www.thinkubeindia.com