It is always nice to listen to someone you can identify with and sitting in an MBA classroom what can be better than listening to Alumni talk.
Thanks to Dr. Mandi, we have had our first alum interaction and those who spoke to us were Nikhil Kulkarni and Hemant Kumar Jain, both working in KPMG.
Though they talked on a range of subject from what they did when they were in NITIE and what they were doing now, one point they elaborated upon was Entrepreneurship.
"Entrepreneurship is the act and art of being an entrepreneur or one who undertakes innovations or introducing new things, finance and business acumen, in an effort to transform innovations into economic goods."
"A job is a regular activity performed in exchange for payment."
But these definition has nothing to do with what you can do in a job or by being an entrepreneur. In today's scenario everyone entering an esteemed MBA college wants to be an entrepreneur without knowing anything about the opportunities and risks involved in it. So it is very important to clear the confusion around it. The question which is significant over here is not about being an entrepreneur or going for a job, rather what you want from that. If you have a unique idea and you think you can work it out into a business idea, then you can think of entrepreneurship. On the other hand, if you want to innovate, work in a stimulating environment, don't want to work under many restrictions, don't want to do a job which is mechanical in nature and other similar reasons, don't go for entrepreneurship. A right job can provide a lot of the above things without making you an entrepreneur. A very apt question came out on the table, "Rather than working for a multinational company one can work for the country by starting an enterprise". But this thought is quite shallow because one should consider oneself as a global citizen and should work for humanity. When one starts an enterprise, you can't work freely as there are various rules and regulation to be followed to start a company and also one should have proper funding which is not that easy to get in present time. So, unless you have that burning idea to take you to the other side, don't just follow entrepreneurship for the sake of it. But if you have that thing burning inside you don't stop for anything in the world.
The experience was revealing!
Thanks to Dr. Mandi, we have had our first alum interaction and those who spoke to us were Nikhil Kulkarni and Hemant Kumar Jain, both working in KPMG.
Though they talked on a range of subject from what they did when they were in NITIE and what they were doing now, one point they elaborated upon was Entrepreneurship.
"Entrepreneurship is the act and art of being an entrepreneur or one who undertakes innovations or introducing new things, finance and business acumen, in an effort to transform innovations into economic goods."
"A job is a regular activity performed in exchange for payment."
But these definition has nothing to do with what you can do in a job or by being an entrepreneur. In today's scenario everyone entering an esteemed MBA college wants to be an entrepreneur without knowing anything about the opportunities and risks involved in it. So it is very important to clear the confusion around it. The question which is significant over here is not about being an entrepreneur or going for a job, rather what you want from that. If you have a unique idea and you think you can work it out into a business idea, then you can think of entrepreneurship. On the other hand, if you want to innovate, work in a stimulating environment, don't want to work under many restrictions, don't want to do a job which is mechanical in nature and other similar reasons, don't go for entrepreneurship. A right job can provide a lot of the above things without making you an entrepreneur. A very apt question came out on the table, "Rather than working for a multinational company one can work for the country by starting an enterprise". But this thought is quite shallow because one should consider oneself as a global citizen and should work for humanity. When one starts an enterprise, you can't work freely as there are various rules and regulation to be followed to start a company and also one should have proper funding which is not that easy to get in present time. So, unless you have that burning idea to take you to the other side, don't just follow entrepreneurship for the sake of it. But if you have that thing burning inside you don't stop for anything in the world.
The experience was revealing!
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