Entrepreneurship

Innovation and

Technology

July 2014 @RanadePrashant

Agenda

The Need

The Opportunity

What is Required ?

Success Stories

2

The organized sector employs a very small % of India’s

working population

3

Agriculture 60%

Unorganized Manufacturing

& Services 31%

Organized Manufacturing

& Services 9%

Organized Public Sector

6%

Organized Private Sector

3%

http://indiatoday.intoday.in/content_mail.php?option=com_content&name=print&id=20143

http://industrialrelations.naukrihub.com/organised-and-unorganised-labor.html

Employment Breakdown Total workforce > 500 million

Small Businesses are crucial for the health of the

economy; accounting for 1/3 of total employment

Over 200 million people will enter India’s workforce

during the next 15 years

4

Entrepreneurial activity is critical to meet the

growing need for employment generation

300

200

100

0

Growth in Working Age Population (2010–2030) Global + 882 Million

Sub-

Saharan

Africa

Other

Asia

IND

IA

BD &

PK

N. Africa

& Near

East

L. Am &

Caribbean

N. Am Oceania W.

Europe E.

Europe Japan

Baltics &

CIS China

IN M

ILL

ION

S

Agenda

The Need

The Opportunity

What is Required ?

Success Stories

5

Emerging markets like India will account for half of Global

GDP growth

6

Huge opportunity for Indian entrepreneurs to

capitalize on the growth opportunity

Others

EU

United States

Japan

India

China Other Asia

Shares of Global Middle Class Consumption (2000–2050)

Technology is Rapidly Moving the Global Economic Centre of

Gravity back to the East

7

Technology reduces entry barriers and levels the

playing field for new entrants

Industrial

Revolution

Information

Technology

Revolution

Tweet your preference @RanadePrashant

8

1. Would you prefer to work with:

a. Start-up @RanadePrashant #PREnactus1a

b. Established company @RanadePrashant #PREnactus1b

2. Would you prefer to work in:

a. Organized Sector @RanadePrashant #PREnactus2a

b. Unorganized Sector @RanadePrashant #PREnactus2b

3. Which country will win the 2014 FIFA World Cup? @RanadePrashant <Country Name>

Agenda

The Need

The Opportunity

What is Required ?

Success Stories

9

Evolution of the Economy

10

Early Industrial Industrial Information Age

View of

Customer

Manufacturing

Ethos

Source of

Competitive

Advantage

Homogeneous

Mass Production with Vertical Integration

Economies of Scale

Undifferentiated “You can have any color

as long as it is black”

Market Segment

Batch Assembly

Core Competence to Achieve Scale

Scale and Differentiation

Variety

Individual

Segment Size = 1

Mass Customization

Innovation

Personalized & Customized

Product

Philosophy

Non-linear models disrupt the status quo to

create new business opportunities

Entrepreneurship + Technology + Innovation

11

Tread

Uncharted

Paths

Think Out of

the Box

Use Technology

to Solve

Problems

Which route would you prefer?

12

Agenda

The Need

The Opportunity

What is Required ?

Success Stories

13

14

The Company Business Model Outcomes

• Founded in 2008

• Peer-to-peer accommodation

booking

• Disrupted Hotel Industry

600 K listings

190 countries

15 Million guests

$10 B valuation

• Founded in 2009

• Mobile based peer-to-peer cab

service

• Disrupted car rental & taxicab

70 cities

38 countries

$18 B valuation

• Founded in 1997

• Disrupted Video Rental

Industry (Blockbuster) with

DVD by Mail service

• Evolved to Video Streaming &

original content creation

World’s leading Internet

TV network

48 M members in 40

countries

1 Billion hours watched

$27 B valuation

Some Success Stories

15

Tweet your preference @RanadePrashant

80%

20%

Start-ups

Established Companies

37%

63%

Organised Sector

Unorganised Sector

16

Dream Big to Create a Better World

17

@RanadePrashant