Published On : Sat, Jan 11th, 2014

Cracking problems through ideas, innovations can make entrepreneurs successful in big way

 

Targeting the 100 crore middle class population, best way to be successful, was the opinion of chief guest Managing Director of Global Logic Company Shashikant Chaudhary at the opening ceremony of the Consortium 2014, the annual entrepreneurship conference, held at VNIT campus and organized by the Entrepreneurship Cell on January 10, 2014.

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The Consortium 2014, the annual entrepreneurship conference, was held at VNIT campus organized by the Entrepreneurship Cell on January 10, 2014.

The Chief Guest, Managing Director of Global Logic Company Shashikant Chaudhary opined that If anyone wants to start up and eventually become a successful entrepreneur, he or she should concentrate on first identifying the problems that exist in the society today in various spheres of life or various professions. If one can find the solution to the identified problem and can create it or mass produce it and market it properly, one can certainly become a successful entrepreneur, stressed Shashikant Chaudhary.

“This entire exercise would also involve a certain essential ingredient in one’s psyche or attitude. One should be passionate in achieving the dream of the particular field of expertise and in turn a successful entrepreneur,” he said.

Chaudhary stressed on one very vital marketing strategy which one should envision when one starts off an entrepreneurship. The bulk of middle class population which numbers almost 100 crore offers a very good target for purchasing or utilizing what the entrepreneur creates. He also added that this is a very favorable time for the startup of any entrepreneurship. The socio-economic conditions are favorable as never before and would continue to be so for the next 10 years. What one can encash now can never be done in future, Chaudhary asserted.

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Earlier in the programme, the chief guest Shashikant Choudhary, Director (VNIT), Dr. Narendra Chaudhary, Prof Peshwe, G.P. Singh, Vijay Patil and students of core committee lit the traditional lamp to mark opening of the Consortium 2014.

Dr. Narendra Chaudhary elaborated on what type of skills should be imparted to students to inculcate entrepreneurship in them. He asked the students to not run after jobs instead  create entrepreneurship culture in colleges.

Prof. Yerpude, speaking on the occasion, echoed the similar views and informed students that the future will be of entrepreneurs. Students should focus on self employment and should focus on setting up of small scale industry for start up.

E-Summit, a highlight event of Consortium ’14, the entrepreneurship conference, is a great platform for the students to interact with esteemed academics and experienced entrepreneurs. This year, the theme of E-summit is ‘Promoting Technical Startups’. The panel discussions will aim to edify students on the working of startups and many challenges faced by startups in the current Indian ecosystem. Aim to inculcate entrepreneurial thinking among students so that they come up with successful startups from their innovations.

The E-Summit comprises of panel discussions on the theme “Why engineers should be entrepreneurs”, interactive session and dinner with guests. The interactive sessions will be held on Saturday, January 11, 2014.

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An exhibition of technical innovations that have created successful business models in several fields, mainly technical entrepreneurship will be held. The exhibition promises to be an inspiration to technical undergraduates to create sustainable businesses using their understanding of technology and a preliminary understanding of social problems. The businesses for this fair will be identified through the associations in several entrepreneurial and angel investor networks.

The conference is scheduled for 3 days from January 10-12 at VNIT Campus. The Entreprenuership Cell and the core-committee comprising of Pulkit Namjoshi, Aanchal Kanodia, Ojita, Darpan, Amod and Parikshit Shastri are working hard for the success of the event.