Some thoughts about Entrepreneurship!

I live in a country which itself is a Startup. Ya, I am not joking but this is reality. If you will collect the data you will find that India produces sufficient amount of Entrepreneurs. Actually there is a reason behind this. Day after day, we deal with situations around us that are similar to what one would face if one had a new venture or he is a budding Entrepreneur which automatically develop skills for Entrepreneurship. Also India has a strong environment for companies as Bangalore is Asia's Heart in the field of Technology. Actually now a days not only IIMs but IITs are also providing platform for entrepreneurship. Even in our IIT(IIT Guwahati) we have our own Entrepreneurship Development Cell(EDC) which helps students in their business plans. I am an active member of EDC and have huge interest in Entrepreneurship. Lets see where life will take me!!!

I met with few really successful VCs, CEOs and Entrepreneurs like Vineet Rai(Founder & CEO, Avishkaar), Raghu Khanna(founder & CEO, cashUrDrive), Rashmi Bansal(writer of stay hungry stay foolish as well as entrepreneur), Kunwar Sachdev(founder and CEO, SU-KAM), David Wittenberg(CEO, the Innovation workgroup), R Sriram(Co-founder, Crossword), Noel J De Souza(entrepreneur), Manak Singh(EXEC Director, TiE Mumbai) and few more... They sahred their experience and gave tips and also told that why a venture capitalist fails or what are the main factors which should be taken into consideration while planning for a startup!!!...1 thing i grapsed the most is, they also felt problems but they were determined which led them to that level.
I think the 3 most imp things which are important to become an entrepreneur are
1. Idea
2. Determination
3. Contacts
All three plays a great role in an entrepreneurs life. Lacking any one of these will result in failure.

In today's environment net also play a role in building contacts. Linkedin, Blogspot provides good platform for the same. To do this just create a Blog and keep updating it regularly. A blog is a reflection of your thoughts, mind and attitude. Updating our blog regularly attracts the viewers which also helps building contacts.

2009 Wimbledon final! A-Rod v/s Federer

Today is really a great day! Federer broke the record by winning 15th grand slam title & 6th Wimbledon, defeating A-rod by 5-7, 7-6(8-6), 7-6(7-5) 3-6 and 16-14. Pete Sampras(14 grand slam & 7 Wimbledon) himself was the witness. With this win Federer again became the world's no.1 pushing Nadal to the second no.
The 2009 men's singles final is really one of the best tennis match in the history of Wimbledon. I thought Federer will easily win this match as A-rod lost 18 matches out of 20 which he played against Federer but for my surprise, Roddick really put a great challenge for him and even Federer praised the fighting qualities of Roddick.
Actually Roddick showed it before in the semifinal win over Andy Murray as a 6th rank player defeated a 3rd rank player. Today the final match was so close and awesome that i stuck to the TV till it finished. The final set lasted for 1 hour and 35 minutes and i left my dinner because of the match. But now i am having beer :D
Let us see who will win the Wimbledon men's singles final next year(if Nadal will not play)! :-)

Time management!!!

One thing you can't recycle is "Wasted time"... so here comes the BIG question, how to manage time?
Usually when i am in campus or at home, i spent maximum time in doing useless things and later i complains that i don't get time for doing creative things or to do something related to study. generally people also have the same complain which i had earlier.
there are many factors responsible for this like not setting the priorities to your work, postponing important tasks because of doing something which your mood says & is more enjoyable or that you’re more comfortable doing, poor organizational skills,
not using your free time wisely...
one day i sat and analyzed what i did and where i spent maximum time and came up with some new & useful ideas. I don't believe in making a chart and then working according to that but still a layout is necessary to manage time.

when i was in school one of my teacher gave me "P-3 tips".

1. Planning
2. Preparation
3. Presentation

before i never paid attention but now i follow it and it really helped me a lot. Now i have a schedule in mind which generally i follow and work accordingly which not only solved my time management problem but also keep me free from tension and stress.