Stay Hungry Stay Foolish Book Review

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Its book review on Stay Hungry,Stay Foolish

Transcript of Stay Hungry Stay Foolish Book Review

Page 1: Stay Hungry Stay Foolish Book Review
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ADITI GUPTARIDDHI DEDHIAANKITA AGRAWALJAY BHATTHITESH CHOUDHARYDHIRAJ DUBEY

Book Review

on

STAY HUNGRY, STAY FOOLISH

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25 IIMA graduates who chose the rough road of entrepreneurship. Diverse in age, in outlook and the industries they made a mark in. One thing in common: they believed in the power of their dreams. Seeks to inspire young graduates to look beyond placements and salaries. Parts in which story is divided: The Believer The Opportunist The Alternate Vision

What is the book about?

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Sanjeev Bhikchandani

PGP’89 The book of JOB

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THE BELIEVER About him

The birth of a new venture

Hurdles on the way to success

Milestone

“Different people measure success differently”

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Advise by Sanjeev Bhikchandani

Be early & do not exaggerate. Get great people. Don’t start business to make money. Spot opportunities. Get smart people. Your choices affect family.

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Shantanu Prakash PGP’88 Rock with it, Roll with it

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THE BELIEVER

Family Background Education 1st Company – Delhi Stock Exchange Launch of a new Company Start of EDUCOMP Struggle Educomp’s Revenue

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Advise by Shantanu Prakash

Risk-reward equation.

Business better than job for IIM-A.

Do what interests you.

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Nirmal Jain PGP’89 It’s all about THE HONEY

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OPPORTUNIST

Mr. Nirmal Jain Chairman & MD

1989-1994 Hindustan Lever Ltd

1994- “Inquire”

1995- “Probity Research & Services Pvt. Ltd.

1995-1999 Tough time

1999- All or Nothing

Made profit of rupees 10 lakhs

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Mr. Venkataraman- Co Promoter

2000- Raised $ 5 million

Stock Market & NASDAQ crashed

2001-2003 Dotcom Bubble Burst

“Paani Chala Gaya”

2003- 7.5 Crores

2007- 160 Crores

2009- 152 Crores

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Advise by Nirmal Jain

Build a core team.

Be prepared to fall.

Don’t attach emotions with business.

Do job before starting business.

Only one leader.

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Deep Kalra PGP’92 Tripping along

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OPPORTUNIST Introduction of Mr. Deep Kalra His thought for his MBA degree What make him Learn New Things Idea Generation for Make my Trip.Com Decision making Number of Employees Competitors of the initial stage Identification of Markets Changes are part of every Business Current features of Make my Trip.com Token of advice to the Entrepreneurs

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Advise by Deep Kalra Choose your field very carefully.

Plan your funding very carefully.

It’s all about people.

Make friends at work.

Don’t focus too much on exits.

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S.B.Dangayach PGP’72 A Sense of OWNERSHIP

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The Alternate Vision

Introduction.

Joined Asian Paints in 1972 at 20 years of age.

In 1974, joined Bharat Vijay Mills Pvt. Ltd.

New Plastic Venture.

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Advise by S.B.Dangayach

Convergence between what conscience tells & what you do.

Do what your conscience tells you.

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Vijay Mahajan PGP’81 Basic Instinct

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The Alternate Vision Introduction Sense of addressing to issues of inequality &

social justice. Worked with Philips after graduation & joined

IIMA in 1981. Worked with N.G.O. like FAIR & ASSEFA. Birth of PRADAN in 1983. Left PRADAN on 31st December,1990. Back to India & shifted to Hyderabad.

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Birth of Basix in 1996. Successful working by 1998-99. Shocking results of assessment study in 2002. Business successful in 2007. Overall Personality.

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Advise by Vijay Mahajan

Get up & walk every time you fall down.

Persist in operational difficulties.

Learn from experience, from critics, from competitors, from failures, from summer trainees, from mother-in-law & from regulations.

Interacting with our eco-system.

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THANK YOU