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Students share business ideas with entrepreneurs

india Updated: Jul 10, 2011 00:24 IST
Vimal Chander Joshi

Students of the Management Development Institute (MDI) on Saturday got an opportunity to interact with two successful entrepreneurs and share their business ideas. The MDI has planned to run a series of workshops on entrepreneurship.

The businessmen - Rohit Prakash and Prajakt Raut - shared their experiences with the students. Prakash, 27, is a former MDI student.

Tapan Mukherjee, a final year student at MDI, said, "It was a great experience to witness a healthy interaction between veteran entrepreneurs and the fresh graduates."

Prakash got nostalgic about his MBA days. He said, "When I was a management student, I used to get fascinated by every second idea which crossed my mind and I used to think that all of those ideas were doable whereas it was not the case. A student never thinks of the Plan B or Plan C while calculating the risk factor, which is a must in the field of entrepreneurship."

"At the workshop, I told students about several practical problems which an entrepreneur faces."

Raut, with an experience of 20 years, taught the art of drafting 'mature' business planning.

"Make an elevated pitch of the problem which you plan to solve through your proposed business. It's very important that you articulate it well. Investors are likely to invest in the business plans which are better communicated, by default," said Raut.

"I personally have set a target of helping 1,00,000 people to become entrepreneurs. My opinion is that if an idea is worth pursuing then one must make a foray into entrepreneurship irrespective of age and experience," said Raut.