Learning the art of risk-taking, up close

Learning the art of risk-taking, up close
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First Published: Mon, Jun 30 2008. 11 45 PM IST
Updated: Mon, Jun 30 2008. 11 45 PM IST
Stay hungry, stay foolish,” the popular quote by Steve Jobs at the Stanford commencement address in 2005, set the tone for the Entrepreneurs’ Meet at the Indian Institute of Ahmedabad (IIM-A) last weekend.
The idea behind the initiative was to bring together entrepreneur-alumni of IIM-A who had quit well-paying jobs to establish their own companies and students currently at the institute to inspire them to follow suit. About 200 such alumni attended the two-day meet to celebrate the spirit of entrepreneurship.
The event began with an informal discussion anchored by entrepreneurs Sanjeev Bikhchandani (of Naukri.com), Devashish Chakravarty (Quetzal.in) and Sunil Handa (Ekalavya Education Foundation), who also teaches at IIM-A. The auditorium was packed with students who raised questions for the entrepreneurs and venture capitalists on the Whys, Whens and Hows of entrepreneurship.
Sunday began with the launch of a book by IIM-A alumnus and JAM magazine editor Rashmi Bansal titled, Stay hungry, stay foolish, about the inspiring stories of 25 alumni who had already made a significant difference as entrepreneurs. Eighteen among them, including Shantanu Prakash (Educomp), Ashank Desai (Mastek), Deep Kalra (MakeMyTrip.com) and Nirmal Jain (India Infoline) were present for the launch.
This was followed by sessions on “Entrepreneurial life cycle”, “Fostering innovation based entrepreneurship in India” and “Building an entrepreneurial eco-system for IIM-A entrepreneurs”. The panelists were mostly from these 18, and responded to issues raised by other entrepreneurs.
Vineeta Singh is an IIM Ahmedabad 2007 batch alumnus and co-founder of Quetzal Online Pvt. Ltd and Quetzal Verify Pvt. Ltd
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First Published: Mon, Jun 30 2008. 11 45 PM IST