Fwd: SPJIMR 2nd year Student interaction with Ist generation entrepreneurs

[Raxit Sheth]

Hello Campers,

Few days back we are in talk with Prof. Rao [of S P Jain] about startup saturday host, during that i got below E-mail, that you may find interesting and useful. [I forgot to forward it !!!! ]

You may want to go thru it..

-Raxit
"Mobile 4 Mumbai"
if("Are you MobiWeb developer ?")
{reply to this e-mil;}

---------- Forwarded message ----------
From: Prof. M S Rao <ms...@spjimr.org>
Date: Mon, Jun 30, 2008 at 1:24 PM
Subject: SPJIMR 2nd year Student interaction with Ist generation entrepreneurs
To: raxitsh...@gmail.com, arpi...@yahoo.co.in
Cc: Hrishika gangwani <ce...@spjimr.org>

Hello Raxit and Arpit,

Would some members of the Saturday Start Ups be in the early growth stage 
- with some staff and some paying customers in place?

Then here is a novel proposal for student-entrepreneur interaction with a 
mutually beneficial outcome.


SPJIMR, founded by Bharatiya Vidya Bhavan, ranks among the top ten B 
Schools in India. During the 1st year students get a thorough grounding
on how enterprises operate.They gain knowledge on challenges faced by 
companies and ways of responding to  them.

Proposition

For 2nd year students, the institute offers a pioneering course in 
entrepreneurship, where the emphasis is on the entrepreneur and on
managing a new venure for profitable growth.. The course has a pratical 
purpose, which is for student teams to spend time with a 1st generation
entrepreneur  and understand how an enterprise is built from scratch. 
Interaction with the entrepreneur provides first-hand insight on the
entrepreneurial mindset.

The  students, in turn, apply their cross-functional knowledge and 
techniques, to undertake a SWOT of the company within  the business
environment in which it operates. This results in charting the road map 
or Business Plan for the company, emdedded on the vision and values of the
entrepreneurial team.

The deliverable to the entrepreneur will be the Buisness Plan prepared 
in consultation with the entrepreneur The focus of the business plan
will be in identifying opportunities for profitable growth over the next 
3 to 5 years. The emphasis on financial parameters will be to the extent
hard data is made available.

The business plan will be presented on August 9th at LST - 2008, jointly 
by the 1st generation entrepreneur and the student team.  18 businesses
will be showcased at LST before student "investors" who will play an 
investment game created by SPJIMR and NEN. Simultaneously, a jury panel
will listen to thepresentations and decide on the award winning 
presentations. So far, 72 businesses (drawn from our Familiy Managed
Business ( FMB )Program, have taken part in 4 LSTs since inception.

Execution

Each business will have one team of 4 students to work on the business 
plan. The students will interact with  the entrepreneur and his
designated staff for getting to know the business dynamics. The 
involvement of SPJIMR 2nd year students with the business of 1st
generation entrepreneurs beyond the start up stage, would add value 
to the business. They will allocate time to study the business, on-site
and off-site, between now and July 31st,  The project work will result 
in  the  business plan prepared jointly with the entrepreneur for
presenting at LST on August 9th. The frequency and nature of engagement 
of the student team will be
discussed and finalised at the initial meeeting which can  be held any 
time now. The student team that will work with you will contact you in
this regard.

I invite members of your fraternity,as  1st gen entrepreneurs,
 to this initiative, if you see 
mutual benefit in the association.

I look forward to your response as soon as possible.

Regards
Suresh Rao
Professor and Chairperson
Center for Entrepreneurship
SPJIMR