Kerala has been seeing the entrepreneurship bandwagon go long and high over the past couple of years. With setup of Incubation Centres like Startup Village and support in setting up of other similar structures in Universities and Colleges, the hype related to Entrepreneurship is at an all time high.
Hence, it was clearly expected that the recent Kerala Budget 2015-16 would definitely include clauses focusing on the promotion of entrepreneurship. And as the Budget Presentation was full of drama, the budget itself didn’t disappoint in terms of being dramatic.
A total amount of more than Rs 150 Crores has been allotted for Entrepreneurship related development activities.Continue reading
There was a saying once in Kerala – You throw a stone and 90% of the time it’ll hit an engineer. Fast forward to today and you hear a modified version of the same – You throw a stone and 90% of the time it’ll hit a startup entrepreneur.
Kerala has seen a huge boost in the number of startups being formed and the number of entrepreneurs taking reins of their self-made career. While it is definitely a positive sign, the increased frequency of students turning to entrepreneurs is alarming. So much so that, the extra sweetness is rotting the teeth.
Here is what I mean.
When me and most of my entrepreneur friends started off with our respective startups, entrepreneurship was seen as voodoo and a career choice for people who “couldn’t secure another job”. Not to blow our own horn, but it did require balls of steel and nerves of iron to go ahead with the decision. While some of us were written off as failures by the extended family, some others like myself were thrown out of home for “being a rebel“. And even few others had to break-up with their girlfriends because they didn’t have a “secure future”.
From there, came a time mainly around 2012-2013, where entrepreneurship started getting the respect it deserved and entrepreneurs were no longer looked upon with as much contempt as compared to the years before – thanks to initiatives likes the Startup Village and other policies by the State Government. People started accepting the “heroism” associated with entrepreneurship and it became the new hype.Continue reading
With the eCommerce market value to reach $6.7 Trillion by 2020, lot many eye-balls have been turning in the direction for quite sometime now. With the Indian eCommerce market alone to be valued at $20 Billion at the end of 2015 ($2 Trillion globally), the stakes are high as never before.
The dynamics of Social Commerce (eCommerce and Social Media) are ever changing. Some of the trends of 2014 would be carried over to 2015 whereas some have been archived due to their saturation.
Following is my presentation and a short write-up on it from my session at KMM College of Management Studies, as part of their “National Seminar on Emerging Trends in eCommerce”.
Failures don’t kill a startup. Mediocrity does.
In this era of startup boom, majority of the startups have been entangled in the web of mediocrity. They neither fail, nor do they grow beyond a certain level. While failure delivers a definitive result and success is a state which lacks any definition, growth is the only positive option that remains.
For a startup to remain active, one either needs a slanted growth wave or a sine wave with its fair share of ups and downs. It’s the plateau’d wave that kills the lot.
Over the past few years, questions have been asked about the penetration of Internet in the Indian population (which as of now is around 13%), awareness about internet and its development, user’s perception on necessity of Internet as a medium and understanding the value it adds to their life.
While generation gap, as a statistic, plays a good role in highlighting the difference between the age group that is internet literate and the age group that is not, its not just age that plays the defining role. Status of living, availability of internet connectivity, financial dependency, exposure towards “wordly” happenings etc, also mould the answers to the question of internet awareness.
In line with understanding the need for internet awareness for the present day parents, and pointers for students on how to surf the web wisely, I was recently invited by Kottayam Yuvajana Yogakshemam Samithi to take a session on internet awareness, internet privacy and pointers to keep in mind to surf the web safely, for an audience of about 60 families. The presentation from the session is as below –