E- Entrepreneurship Proposal

ForManagement and Engineering

Colleges/Universities

V4

What is E- Entrepreneur?• Definition

– An e-business is a company operating via the Internet. This business can have off-line counterparts, or be a stand-alone enterprise consisting entirely of Internet operations.

– The person or persons who conceptualize and run such business enterprise are called e- entrepreneur.

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What it can do ?• Capabilities

– E-businesses can fill a number of roles, from the buying and selling of goods to providing various services. In addition, e-businesses can also provide customer service and support for real-world firms, and collaborate with business partners.

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Some Famous Companies in E-

Businesses• While many companies have an e-

business component, some enterprises are well-known for operating almost exclusively on the Internet. Popular examples include eBay, Google, Amazon, and iTunes etc. are some well known multibillion Global e- enterprises.

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Students in Professional Colleges

• Are tech savvy • Spending 2-8 hours every day on the

internet• Dreaming to do big • Willing to go in computer application

area i.e. development, application, automation etc.

• Full of energy and enthusiasm • Smart enough to adopt new concept

and technologies and courageous to take risk

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What is the value addition of E–Business to the

students• Can begin working while in college• No capital or heavy investments are

required• Helps in building team work spirit• Enhanced Confidence to beat

competition and prove capabilities• Motivate to do self study and be self

learner• Pride of being the owner and

employer 5/13/2013 6

World's youngest CEO Gopinath

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Suhas Gopinath whose climbto fame is being the youngest CEO of the world. That was 12 years ago and today he is only 26 years old.Gopinath said he sacrificed his student

days just to be an entrepreneur. He went on to narrate the story of his life and how he developed the passion to build up an IT company of his own.

The story..• "A person should have practical

knowledge instead of theoretical," said Gopinath, adding none of the members of his company "have had any formal computer education".

• He laid emphasis on team work. "Development of any enterprise is not a one-man show," said Gopinath while stressing on motivating oneself. "I learnt how to turn rejection into acceptance."

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Launch of E- enterprise • Gopinath, who belongs to a middle-

class family with his father being an air force officer, then narrated how he developed a website at a tender age. "I had no knowledge of the Internet. But, when I was browsing in a cyber cafe I was fascinated and thought long and hard. I soon launched my own website, www.coolhindustan.com'' he said.

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What kind of opportunities are available

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Click on above to see the video

Did you Know the power of Digital world

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Click on above to see the video

What it takes to be an E- entrepreneur

• A brilliant idea• A team • PCs or Laptops• Internet connection• Few Thousand Rupees• Working space, may begin from

hostel room or incubation centre

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Well Known Indian e-enterprises

• Naukri.com• Flipkart.com• Indiamart.com• Indiatimes.com• Makemytrip.com• ibibo.com• 0lx.in• Quikr.com5/13/2013 13

Some Indian e- entrepreneurs

• Freecharge.in is an online recharge service for prepaid mobiles.

• The service is unique as it also gives you retail coupons of equal amount for free.

• The coupons would be of retailers like Barista, McDonald’s, Baskin Robbin’s, PVR etc.

• The company has tied-up with almost all the telecom operators in India and adding new retailers as well.

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Some Indian e- entrepreneurs

Abhinandan Kumar - Founder of Entrancezone.com

•  Started in 2006 at Jaipur

• The site targets students in high school who are ready to take the plunge.

• Pages for those aspiring for admission to law, engineering, medical, and commerce/MBA and architecture institutes.

• Each subject has a dedicated page with sub sections. This includes course details, exam information, discussion forums, resources

• A section called “my zone”, which has a profile page, friends list, groups you have joined, videos and photos

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Some Indian e- entrepreneurs

• Owner of the Website http://www.ShareUrJoy.com, India’s 1st Gift Registry Portal

• Wish lists can be made for various occasions like Wedding, Birthday, Anniversary, Engagement, New born baby, New House Warming party, Graduation, Retirement, festivals like Diwali or any special days like Valentine’s Day, Father’s day, Mother’s day or absolutely no occasion at all (Forever Wishlist).

• The friends and relative willing to gift can see who is giving what and gift as per wish list of the reciver5/13/2013 16

Story does not stop here

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One of Yahoo’s newest employees is a 17-year-old high school student in Britain. As of now, he is one of its richest, too.

That student, Nick D’Aloisio, a programming whiz who wasn’t even born when Yahoo was founded in 1994, sold his news-reading app, Summarily, to the company for a sum said to be in the tens of millions of dollars.

The Story of Face book

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Mark Elliot Zuckerberg an Internet Entrepreneur one of the most known of 5 founder s of Facbook was born 14 May 1984 . Net worth USD 13.3 Billion

Together with his college roommates and fellow Harvard University students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes, Zuckerberg launched Facebook from Harvard's dormitory rooms

So What are our offerings for E- Entrepreneurship

program• Training• Mentoring• Hand holding• Arranging funds for the project with

good potentials.• Commercialization of the project

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How to begin • Step 1

– Organize one day workshop in college – Four workshop of 2 day each to be

conducted in college campus• Expected Out come

– Awareness among the students about the opportunities in this arena

– Working skills for doing the beginner's projects

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What is the cost • Step 1:

– One day seminar in college for 100 students Rs.25000

– Four two day Workshop Rs. 8000 per participant Number of students in each workshop 25 (+-) 5

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How to begin • Step 2

– 1day Simulation based training to the students

– Further 12 days training through webinar 2 hours each

– E-Consultation to the students for One year

• Expected Out come – Students gets working knowledge of

using simulation based software to create different business situation and practice it

– The students gets courage to en-cash available opportunities

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What is the cost • Step 2:

– One day training in class room 25 students Rs.25,000 one time Cost of software Rs.25000.

– 12 day 2 Hours Webinars Rs.6000 each student. E consultation Rs.4000 each student for one year.

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How to begin • Step 3

– Mentoring of the students for one year– E-assistance for taking the project

forward – One year Membership for

entrepreneurship forum for discussion and motivation

– E-Books on the subject– Case studies

• Expected Out come – The students should come out with

successful beginning and launch of e-projects

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What is the cost • Step 3:

– Rs.12,000 each students for one year. Or Rs.50,000 for one year if 5 or more students are working in a project

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What out come to be expected

• The students get exposed to the opportunities

• Students get courage to do the beginning of e-projects before the studies are completed.

• Few project may begin in one year time.

• Development of confidence which shall play important role in future for Entrepreneurship and in interview if going for the job.

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Following Steps to be discussed after MOU is

signed • Hand holding• Arranging funds for the project

with good potentials.• Commercialization of the project

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We also offer• Preparation of course syllabus for

PGDM and other course in Entrepreneurship

• Arrangement of Permanent and visiting faculty for the teaching

• Training on the software for decision making in business, Entrepreneurship

• Organizing workshop and seminars on the Entrepreneurship

• Thanks5/13/2013 28

We also offer• Arrangement of finance up to Rs.5 Cr.

for opening of incubation centre in the Campus. As per Scheme of MSME.

• Arrange seed money up to Rs. 100,000 for the entrepreneurs as per Scheme of DST.

• Terms of the services may be discussed with the organizations willing to avail the services. 5/13/2013 29

Contact Ajay Singh

SuccessMantraMobile:9811113345

Email:as@successmantra.netWeb site:successmantra.net

• © This presentation has been created to guide the students and college management. The copy should not be made with out prior permission and be acknowledged. Commercial use is prohibited.

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