Entrepreneur. A person who assumes the risk to start a business with the idea of making a profit.
'lite-ra'preneurship: The art of making it as a BITSian student entrepreneur
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Transcript of 'lite-ra'preneurship: The art of making it as a BITSian student entrepreneur
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Hello, BITS. Sorry for pulling you guys away from DC++. Will try making it worthwhile.
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Who am I? And why I’m gonna take up half an hour of your time.
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I’m Gokul. 2009B1A2568H. Yes, I’m still a student. Also, probably the most under-‐‑qualified speaker here.
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I founded Likewyss. Trying to help people find good content.
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I’m from Neyveli, TN. Staying in Chennai. Living in airports.
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I spoke at VIT, recently. www.bit.ly/VIT-‐‑Talk-‐‑Slides
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‘lite-‐‑ra’preneurship (n.); The art of making it as a BITSian student entrepreneur.
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Who should listen? Students. Professors. CEL Core Group folks.
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Students. What do you need to build a startup? And how to exploit BITS for it.
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Requirement #1. People.
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Amazing alumni network. Phanindra Sama, Rishabh Kaul and Lucky Murari to name a few.
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Free advice; becer investor access. Ask for money, you get advice. Ask for advice, you get money.
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Investor psychology. More likely to invest in chums their entrepreneurs refer.
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Co-‐‑founder dating. Colleges are the best hubs for finding success-‐‑hungry people.
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Requirement #1.1. Balls.
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I mean, eye-‐‑balls. 10,000 students at BITS. Active community online. High virality coefficient.
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Requirement #2. Time.
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No acendance. Yay. 12 — 14 hours of work per day is nominal in the early stages.
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Requirement #3. Space.
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Library is your first HQ. And your hostel room, your remote workspace.
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My typical day at BITS.8:00 Wake up
8:30 Breakfast
9:00 - 12:00 Working at library
12:00 - 12:30 Lunch
12:30 - 2:00 Academic crap
2:00 - 5:00 Lab, of some sort. Wretched things.
5:00 - 6:00 Break
6:00 - 9:00 Working at library
9:00 - 10:00 Dinner and Walk
10:00 - 1:00 Having fun
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Professors. A few words for you to help groom the next Mark Zuckerberg.
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Let them be. Encourage them to find their passion and work towards it.
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Bunking classes is not a crime. There is good reason behind the zero-‐‑percent acendance policy.
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Marks do not reflect capability. Not everyone wants to be a ten-‐‑pointer, and there’s life beyond grades.
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Placements are not the end of the world. We entrepreneurs prefer the other side of the table, actually.
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These are super-‐‑intelligent kids. They’ll figure out what this whole life thing is about.
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Knowledge obtained within the walls of a classroom may help them score well in tut-‐‑tests but wisdom amassed outside it is what prepares them for the compre
called life.
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Things you should know. But that they never tell you.
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Starting up is a lonely journey. Find a co-‐‑founder to share the pains … and gains (if any).
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Startups are emotional roller-‐‑coasters. One day you’re on top of the world, next day your database is hacked.
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Networking events are a waste of time. This includes all kinds of Speed Dating events, workshops, what-‐‑not!
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Passion is over-‐‑rated. Doing what you love involves doing a lot of what you hate, too.
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So are buzzword products. Build one more online fashion store. I dare you, I double dare you.
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It does not happen like in The Social Network. Or any other Aaron Sorkin movie for that sake.
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You should know a li#le bit of everything. Design. Development. Marketing. Finance. Sales. Legalities.
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But, you’ll always be unsure. Don’t be afraid. No CEO really knows what to do. Go by your gut.
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And, an MBA doesn’t help either. It ‘maybe’ useful to run a big corporation, but definitely not a startup.
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Nobody is going to steal your idea. And nobody sure as hell is going to sign an NDA.
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Don’t be emotionally acached. If it doesn’t work, it doesn’t work. Period.
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Give it your best. And start today.
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Thank you, everyone. It was a pleasure being here. Hope it was Likewyss.
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Always love to talk. !
Phone: +91 -‐‑ 99430 90073 (unless you are a credit card agent)
!
Email: [email protected] (unless you are a Nigerian prince with a billion dollars)
!
Twicer: @_gokulsridhar (No ‘Hey! Look what this girl is doing. hcp://stupid.url'ʹ, please)