"Unemployed IITian", phrase which is oxymoron for people and in-fact was for me too, but I realized its existence once I became a part of it and the hard part is that we are in majority. Although it would be very wrong if I would say that I or the others would remain unemployed by the time they get their degree but one thing is for sure that like me many of them would be thinking that they are not in the place that they deserved, this thought may seem arrogant but come on it’s a personal thought and as long as one does not verbalize such thoughts, I believe its fine. Well I intended to write over something else but this placement disappointment resurfaces every time I write or speak. I have almost believed now that nothing good is going to happen out of this
placement rigmarole and I should now be thinking of better options. Experience of my four years of study crosses out the option of higher studies moreover I don't have credentials to get through any of those good schools that my inflated ego considers as the place that I should be part of. Other option is taking the forbidden route of entrepreneurship. I believe that I have the calibre of running a successful venture, a thought which is deeply embedded in me but is not strong enough to convince me to take actions. Realizing this I decided to convince myself over this thought, so past two days were the days of search for idea as well as for success story of a kind that I fantasize. I came across different startups and read the profile of the entrepreneurs, on reading that one thing I was assured, that you have to devote full time to it, if want to run a venture for money and not for satisfying your hobby of being entrepreneur or for boosting your social esteem. Another thing that I found out was that many of these entrepreneurs were from IIMs and IITs. I don’t know much about the mindset at IIM but being a part of IIT, I went on to probe further the background of these whiz kids who took the path. I realized one astonishing thing that most of them had been recruited by the companies that are considered second rung in IIT placements and these are the same where I would probably be placed too provided the situation do not deteriorates further. I believe that people take outrageous steps when they are highly frustrated and are provoked to extremity. Equating Entrepreneurship with outrageous might not appear correct but if we see just the step and not the outcome than I think the comparison is quite apt. When an ambitious person is taken to the extremity of boredom he breaks away and instead of landing into another job, creates one for him. The urge of being independent, ego and blended with lots of confidence makes an entrepreneur but like any recipe it too requires energy for making and this is provided by the dissatisfaction from or failure in something. For Steve jobs it was the dissatisfaction of curriculum taught in college, for Bill Gates it was the dissatisfaction from not being in front of computer, for Sabeer Bhatia it was the failure of job and for the fellows who were running a successful startup, that I mentioned earlier, it might be the failure to bag good placements that might have provided the required spark. This reminds me of an old saying "failure is the stepping stone of success" and I think it perfectly fits into the proposition.
Now once I figured out the ingredients of an entrepreneur, I thought how about checking out where I stand.
- Desire to be independent: Well I have quiet strong desire to be totally independent
- Ego: Although I don't believe that I am egoistic but the extremity of my self-respect do touches the boundaries of ego
- Confidence: Well it’s never short in supply
Well with these and the placement scene being totally uninspiring and the subsequent frustration puts me in a very advantageous position, as far as entrepreneurship is concerned. So backed with this thought I am now looking for partners and an Angel investor and off course an idea too. Lets see when does the union occurs. By the way if you are interested do show your intend thorugh the comment section
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4 comments:
I can't say that u are an entrepreneur or not.(@ present)
as i don't any crap info about its profession rather just a overview.
but the instincts & thought necessarily required to be inherited in a personality are there.
&
failures are the markers on the road that shows the way we should go to be successful.
all these PLACEMENTS failure etc are just MARKERS (who will bury up somewhere in the mind as time passes) ......but go for the bigger road ahead.(THIS IS LITTLE BIT I LEARNT FROM MY UNSUCCESSFUL PROFESSIONAL stink & tht IET,Kaushambi blunder).
It will take a lots of COURAGE ...(i assure u that you have it & that too in abundance and you are adept in utilizing it)..but just stick to that ROAD.
YOU WILL BE THE SHINING STAR.
(MARK MY WORDS.)
(unofficial talk)
You r just becoming better & better in your editorial representation.
n
VVVVVVVV................BEST OF LUCK....& WISHING ALMIGHTY TO BE ON GENEROUS SIDE 4 u.
TC.....
IET was definately an inspiration, infact I have lately realized the genius of Manish and Parul agrawal, they took 10000/- per person without incurring any investments neither in terms of capital nor in terms of time. Considering we all were 10 in number, that totals to Rs 100,000 with zero investment, now that is what I call an entrepreneur.
The point there was that you got out of that speed braker within a flash.(Dropped a year went 4 prep n got what a HSS student would have admired)
It could have not been the same for all students ....especially who have to make a lot of effort to be @ excellent spot & that brings a hell out of them to be at that spot.
Every one is not that much inherited with it.
May i bring a different prospective in light.
Why did they took 27k if they had to return 10K with no accomplishments under their belts.
what the darn thought they had ???
I suppose they had some of their complications that they had to leave in b/w....what about the professional commitments they made....& what that we trusted it.?? && they too didn't gave a receipt for that.(I believe you know what a receipt could do in IPC act scheme they might have to return the whole amount for such unprofessional attitude)
If this is what ENTREPRENEURship is all about....
I fear the sustainability of such thoughts.
U said they gave 10*10,000 what abt they took 17K for 1 year with a certain BOOKS that too handwritten...& then photostat copies of these.
this at most would have cost them ....10000 (in BULK market ..this too sounds very high....I can let u know some places where all these stuff could be bundled up in mere BUCKS)....but lets suppose it the different way.
Now 1 more point u forgot.....out of the 10 guys there were 2 who enrolled for that MONEY back scheme.
THIS money back scheme..guaranteed return of money ...if u didn't get into IIT/REC/DCE(even a prestigious college would have worked...not a issue).
This meant that they had to return the money if the things didn't go that way....so there exists ...8 persons for whom they exhibited their entrepreneur skills.
1 eg....U might be knowing abt ...Mr,SARATH BABU....an IIM A alumni...who carried out the concept of FOOD KING.
what if he too gives his orderbook makers....an bad taste food(etc etc) & then say ,i would refund U a bit of amount u invested in my food plz forgive me.
SOUNDS A LOT HORRIBLE,but this could turn out a HORRIBLE MESS in REAL life.
At this phase of my age, i too might have thought that decision to be a good one in terms of MONEY.
but what about the faith that the investors have laid upon u?
Now this is what you think about entrepreneur,I suspect ma opinions.
1 should think of all the prospects rather being RICH.
wow. that was longer than my post itself!!!!!!!!
first things first, whatever I said in earlier comment was more of a light hearted humor and what I actually meant by entrepreneurship was to be understood only from the blog and not from the responses (including this one)that I give to the comments.
Now on your example, suppose that IIM dude came out with a recipe which pleases his taste buds more than anything else in the world, so he goes on with it and writes a book but the same recipe remains a mere tasteless stuff for others, book sale not even reaching the breakevens. The owner looses out and earns a bad reputation too which makes his future books unsaleable. How about this, if before publishing this book, he had talked to someone like MDH masala or some other food related advertiser whose advertisement would be printed along with the book, so no matter if his books sells or not he had maximized his gains from whatever the sale was. No trusts breached no offenses made its just he prepared for the worst scenario too.
I believe Manish agrawal was a similar case too. Earlier he thought that probably he would be able to get selections out of us as he had done from previous batch, but unfortunately it was not they rather us, who needed a miracle to clear any exam at that moment, so visualizing a net loss at the end of it and not wasting another year of ours or his , he decided to call off the deal in between while ensuring that he is not on the loss making side. I am not sympathetic towards him, its just a reasoning that I am making because I too believe that he didn't had any intentions of wasting his energy or time or ours right from the beginning.
The other path attracts me not because it holds the potential of making a lot of money rather it is because through it only I can make an impact and make my existence felt. You would argue that you could have made an impact through social service too and I will surely do that too, but right now I am thinking of making impact with few cash in hand :D
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