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Value Added Course (VAC)

Entrepreneurship
• Write any 5 learning points which are observed
during sessions. Explain with brief detail how
you correlate those points in your life?.

• Write any 10 names of person who are referred


during sessions. Explain briefly the context for
which they are referred.

• Write a detail note on any 3 entrepreneurs of


your specific branch or of your choice.

• Make a list with brief note on points which are


discussed in class sessions.
• A group of Max. 3 students (1, 2 or 3)
• Need to have 2 presentations
– 1. Company of their choice
• Who and How it is started
• Product Range (inception to till date)
• List of few Customers
• Total Turnover
• Strategy
• Marketing
• Human Resource
• Financials
• Contribution to society
• Future Plan
– 2. Business Plan (The one – page business plan)
• 10% - Attendance

• 50% - 2nd Presentation - Pair Presentation &


Business Plan

• 10% - Visit

• 20% + Test
• Economics

• Marketing

• Finance

• Man Power Planning

• Case Study
• https://www.ibef.org/

• Make in India

• Vibrant Gujarat

• Index Tb
• Every Student (Person) is Extra Ordinary

3 -- STEPS
Passion – Problem Solving – Profitable Prof.

• Always Joyful learning while doing your


passionate work i.e.
– Mark Zukerburg, Bill Gates, Steve Jobs..
and same story of
– Jayntibhai Chandra, Chandubhai Virani,
– Savjibhai Dholakia, Yogeshbhai Poojara,
– Bipinbhai Hadvani, Shaileshbhai Makadia,
– Parakramsingh Jadeja
• Happiness while Learning. Helpfulness,
• Narendra Bansal – Intex – Success is journey .. It
takes time and planning
• Discipline Approach – Define our value (3K or 4K) –
Savjibhai Dholakiya and his experiment with his son
to earn money without any ref. & mobile & money.
• Focus one case study for 2 to 3 weeks – Indira Nooyi
– CEO, PepsiCo.
• There are 2 India – Positive & Negative
• 25 biggest reforms since 1991
– Reforms in I.T. (Hardware, Software)
– Reforms in Entertainment, Tourism
– Reforms in FMCG, Automobiles
– Reforms in Transportation and Communication
– Reforms in Financial and Other Services
– Reforms in Food, Education and Construction
• Nitesh Yadav – Rural APP Guru
– Work Started at the age of 13 (in Std. 8)
– Find problems and tried to solve with his OWN skills
– Successfully worked out various small issues
– Have vision for successfully working in Future
Case Study – Ekta Kapoor
• Prepare ready pilot projects
• Initial years were not easy
• No. of changes are made in Indian Small Screen
Television (Timing
A Speech of Gurukant Desai
(From Guru Movie)
• Facing toughest allegations
• Overcoming barriers made by government
• A1 quality of product at lowest price.
• Mer Bapu Kehta tha - Sapne Mat Dekho..
Sapne Kabhi Sach nahi hote LEKIN Maine
Sapna Dekha … or Sach Huva
China- Developmental Story
How to Convert Dreams into Action Plan
Clear Mind vs Doubtful Mind
• 3 Steps
– 1 – Revive your long forgotten dream
– 2 – Precisely define your dream
– 3 – Build your mental maps with new neuro pathways
• Train Your Brain Campaign
– 1. Potential Difficulties vs Potential Possibilities
– 2. List down your immediate 5 actionable
– 3. List down 3 partners to create your support system
Massive Action Plan ( Today till 7 days Plan)
• Lehro se darke Naiya Paar nahi hoti – Amitabh
Bachan
Tips for Start Up
Tip – 1: Salable Idea OR Passionate Idea

Tip – 2: Innovative Idea OR Problem Solving Idea


Tip – 3: Small Market Idea OR Big Market Idea

Tip – 4: One Idea OR Multiple Idea


Tip – 5: Solo Founder OR Co-Founder
• 1600 Km Cost Line in Gujarat
• 132 Cr. Population of India
• 22 Cr. Population of Up
• 6 Cr. Population if India
• Gujarati believes in Investment
• Salable Idea vs Passionate Idea
• Innovative Idea vs Problem Solving Idea
• Small Marketing Idea vs Big Marketing Idea
• One Idea vs Big Idea
• Solo founder vs Co – founder

• What is the value of ours (Rs. 3000 – Rs. 4000)


• Man Power Planning is very Important
Type of Entrepreneur
Classification according to type of business.
• Business Entrepreneurs.
• Trading Entrepreneurs.
• Industrial Entrepreneurs.
• Corporate Entrepreneurs.
• Agricultural Entrepreneurs.
Classification according to use of technology.
• Technical entrepreneur.
• Professional entrepreneur.
• Non-technical entrepreneur.
• High-tech entrepreneur.
PepsiCo….
• Performance with Purpose
• Head, Heart and Hands
• One Case Study for 2 to 3 weeks
• Why be an Entrepreneur ?
– Making your own rules
– Doing work you enjoy
– Creating greater wealth
– Helping your community
• Risks of Being an Entrepreneur
– Potential Business Failure
– Unexpected Obstacles
– Financial Insecurities
– Long Hours and Hard Work
• Characteristics of an Entrepreneur
• 64% of business owners has some college
education when they started the business.
Business Plan
• Industry analysis • Assessment of risk
- Future outlook and trends - analysis of competitors
- evaluate weakness of business
- Market segmentation - Industry forecasts
- New technologies
• Description of ventures - contingency plans
- Product - services - size of business
- office equipment and personnel • Financial plans
- background of entrepreneurs.
- pro forma income statements
• Production plan - cash flow projections
- Manufacturing process - Physical plant - pro forma balance sheet
- Machinery and equipment
- Names of suppliers of raw materials - Break-even analysis
- sources and applications of funds
• Marketing plan
- Pricing - distribution
- promotion - product forecast

• Organizational Plan
- From of ownership
- Identification of partners or shareholders –
- Authority of principals - Management team background
- Roles and responsibilities of members of organization
• Speed of Execution

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