Oakbrook Business School organized its 1st entrepreneurship Conclave on 4th February 2016. The objective of this conclave was to disseminate information about new business opportunities as a career, and also highlight the challenges lying in this sector.
Mr. Chandramauli Pathak, faculty at Oakbrook Business School welcomed the chief guest and all the other dignitaries with flowers, lit the lamp and gave the welcome note. Mr. Pathak introduced all the dignitaries with the beautiful journey of Oakbrook Business School till date and explained the importance of this conclave to the students and how it would be helpful for them to decide their future path as business man/woman.
Mr. Piyush Desai, Chairman of Waghbakri Tea, was the first speaker of the morning. He started his speech with golden sentence ‘entrepreneur nature is inherent in GUJARAT.’ Mr. Desai explained that visionary people see ahead well in advance what other can’t and he brief about 3 S concept that is ‘SPEED WITH SAFETY AND SECURITY’. He also explained that to start the career as entrepreneur you have to face the society and make your own way and also you have to give 10-20% time to make the society better and at last he shared his experience about Waghbakri tea and Good Morning Tea.
Next distinguished speaker of the day was Mr. Arvind Modi. Mr. Modi’s center of focus was Funding from Angel/VCs. He enthusiastically explained the source of fund that initially you can get fund from family and friends and then after there are three financial options available that is Bank, VC and Grant. Also Mr. Modi discussed some important consideration for VC, plan & pitch, funding requirement and its usages. He told the students that idea on PPT has no value; execution is important and don’t try to do everything, just work on one idea and put your effort, time and money.
Next eminent speaker of the day was Dr. Chandan Chatterjee. Director, the Centre for Entrepreneurship Development (CED). He eagerly discussed policy measures, start-up and its economic impact, 3S concept that is skill-scale-speed, 3I concept that is inspire, innovate and ignite and zero defect and zero effect concept. Sir also deliberate about ‘understanding your business’ which include six point that is Breaking, Awareness, Motivation, Management, Responsibility and successful. Dr. Chatterjee also converse about Transforming knowledge & innovation into business enterprise, Roadmap & Mentoring and resources available in Gujarat to start a start-up. Students of Oakbrook Business School were very motivated by Dr. Chatterjee.
Mr. Jitendra Kharawala was the last speaker of the day. He gave highlights on business idea and shared his experience.
Mr. Chandramauli Pathak gave warm thanks to all the guests for managing time and participating in the event and gave short speech on “ENERGY WITHIN”.
Post lunch, New Business Idea competition was held, in which the individual and teams of students participated and turn by turn they presented their idea and there were three judges who evaluated the ideas of participants and selected top three ideas.
The event was concluded by giving certificates to the winning team of the business idea competition and letters of appreciation were given to all the volunteers and coordinators of the event to boost their morale.
Thus, the whole event went on smoothly and students thoroughly enjoyed every bit of it. It was a learning experience to the audience and budding entrepreneurs. The sprouting youth shared their ideas of becoming startups and future plans of becoming successful entrepreneurs.