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Enjoy the Cup at Café Coffee Day“A Lot Can Happen Over Coffee” – As I look at the signage of the new Cafe Coffee Day outlet in my location, I wonder what is it about this coffee shop that makes it such a favourite hangout place? Is it the relaxed ambience, convenient location, taste of the coffee or the affordable price...
The Challenge of Startup Valuation“We will fund your venture with Rupees five lakhs and we will take twenty five percent shareholding of your start-up company”.   This is what a venture capital fund offered to one of my friends who operate a start-up business. The friend of mine was very excited and wanted to sign the term-sheet and subsequently...
Importance of a Business Plan – The Entrepreneur’s PerspectiveThe business plan is a necessity to raise funds for a start-up. In fact, preparation of a business plan is quintessence of any curriculum on entrepreneurship education, if not the only thing, in most of the academic institutes in the country. However is it really important or how important a business plan is for an...
Building Your Team  In this present scenario of stiff competitions, for any business organisation to survive, it is very essential that they have an efficient team. Main aim of hiring or firing is to churn out the staff till you get your dream team. Having said that, for a small business or entrepreneurs, after the validity of...
Thinking Doing Making BreakingThinking, Doing, Breaking and Making are the four grounding principles of TES entrepreneurial philosophy. Albeit, at first glance the abovementioned principles illustrates a semblance of linearity, however, at TES, students are encouraged and trained to provide a solution through application of holistic approach, resulting in either of the four principles utilized as the trigger for...
The first Seven Days in TES better than 3 years in DUAfter completing my graduation from Delhi University, I was very confused and at the same time worried regarding my future. The famous trend of MBA and the pressure of peers going towards jobs was slowly but unwillingly making my dream of business go blur. That is when I got to know about TES- A college...
DeskoPad“There was a time when indie businesses, consultants, freelancers, early stage startups and entrepreneurs were stuck alone in their home offices or fighting for space at the local coffee shop. Thanks to co-working, all that has changed – and it’s definitely for the better”.   You’ve heard of coworking, I’m sure. But it’s much more...
Pivoting for Start-upsToday, I came across this wonderful quote from Mark Zuckerberg: “Move fast and break things. Unless you are breaking stuff, you are not moving fast enough”.   At first instance, I just glanced over it. But then, couldn’t avoid getting stuck with the impact of this statement. It epitomizes the core of everything that we...
How to raise fundsIt seemed my friend had made his decision. He had been toying with the idea for over two years now, but had finally resolved to quit his five year-old job and chart out his own discovery path. We have had numerous discussions and arguments on this, but to me, better sense eventually seemed to have...
AirBnB – Crossing the ChasmDid you know that Airbnb, the erstwhile airbedandbreakfast.com, used to sell breakfast cereals? This is often, the case of any start-up struggling to scale up or “Cross the Chase” in their initial months. The expectation of initial set of customers ( the innovators) of a new and innovative product or service are very different from...
How can a startup approach pricingOne of the most common pricing dilemma for startups is if have we priced our offering lower or higher? The FAQ on this topic is Free, Freemium or Premium? Whilst, high prices imply driving out your customers and low pricing will drive the entrepreneur out of profits. Pricing is also a market statement about how...
IDEA Lab = See with your Heart + Smell with your Mind + Think with Brain + Do with your HandThe IDEA Lab is the centre of gravity of innovation in the Entrepreneurship School. It forms a core course in Term 1, where students come up with various ideas to solve real life problems. Prof. Sujay Sinha, Professor of Strategy says, “Idea Lab exists as the bridge between the seeing with your heart, smelling with...
Entrepreneurs Think of FutureTen years ago, before leaving your house you checked you had your keys and your wallet in your pocket. Today, these seemingly essential physical items are being slowly replaced. Paper and coins have a challenger from of cashless payment systems on our phones and on our bank cards. Keys may now refer to biometric-based codes...
Hero’s HeroesEver wondered what makes successful entrepreneurs successful? In fact, a lot of things. Besides some unique reasons for an entrepreneur’s success, there is something that’s common to almost every entrepreneur’s success. It is the solid support of some people whom I refer to as Hero’s Heroes. These are the people from entrepreneur’s family, friend circle,...

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