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Entrepreneurship

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Today,  TiE Chennai, had started a 12-week workshop on “Finance for Entrepreneurs” to expose, familiarise, and, educate entrepreneurs on the basics of financials. While a promoter needs to be aware of most of the areas in her business, knowing the basics of finance and accounting is a must. The workshop is being conducted by seasoned professionals in the field including Mr M.S.Jagan, Mr Kannan Ramanathan and Ms Aparna Rammohan. The organizers from TiE had invited me to be the intro speaker to share my experiences. I listed the following four costly mistakes I did in my business due to my lack…

I am happy to have been invited for being one of the juries for the “sprint” sessions of Tamil Nadu Innovation Grand Challenge (TNIGC), an initiative by Tamil Nadu Government’s Entrepreneurship Development and Innovation Institute (EDII) to support ideas of budding startups and to provide a seed money of Rs. 5 Lakhs for each of the winning team. It was a privilege to share the jury duty with leaders of the startup ecosystem in the city – Balram Nair of The Chennai Angels, Dorai Thodla of iMorph Innovation Centre and Ranjith Melarkode of SPI Cinemas. The whole day of pitches…

IIT Madras Incubation Cell along with TiE Chennai had organised a one-day exhibition today – Chennai Demo Day, a marketplace for businesses. The venue was the spacious IIT Madras Research Park, Taramani. For the last few years, IIT Madras has been successfully incubating startups in the areas of rural, social and technology. Today, the public and investor community got a chance to see many of these companies with their solutions for clean energy, healthcare, education, mobility and others. I enjoyed attending the pitch sessions and the exhibition – a good initiative that will be of immense benefit to the founders. I…

Every year, TiE Chennai organizes their annual mega event celebrating entrepreneurship called TiECON where we get to hear talks by industry leaders and panel discussions by experts and rising stars. This year too was no different and this post is from my notes. Yesterday it was the awards night which celebrated entrepreneurs from various fields. The lifetime achiever award was presented to Dr Ashok Jhunjhunwala, Professor in the Department of Electrical Engineering, Indian Institute of Technology, Madras. The sustainable business award went to my friend Mr Gowri Shankar Subramanian, CEO of Aspire Systems and his team. The evening was accompanied…

I wrote a response to the above question that was asked in Quora, which I am sharing below (with a bit of tweaking). As an entrepreneur for last two decades, I have seen this “hesitation” often and used to wonder why?. I will list few of them that come to my mind, in no particular order. After you graduate, when deciding between a job or starting on your own, you are generally given the advice by many to first work for few years, gain the experience and then start your business. For me, I started my business right after my…