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MBA students taught primary values to be an entrepreneur

punjab Updated: Aug 15, 2014 00:28 IST

The training and placement cell and Indian Society for Technical Education (ISTE) Students Chapter of Guru Nanak Institute of Management and Technology, Gujarkhan Campus, Model Town, Ludhiana arranged a guest lecture-cum-interaction for MBA students on Thursday.

Speaker Sandeep Riat, managing director, Akal Springs, advised students to take care of some fundamental values while being an entrepreneur. "These include candidness and truthfulness in all dealings with the government agencies, your employees and even your customers. Also, only those punctual and regular in their duties are normally accepted by the industry. Besides these, perseverance with determination is also required along with good oral and written communication," she told students.

She told the students that she was refused loans by eight public sector banks, and was able to get loan from only the ninth bank, but in every transaction she was truthful about the financial health of the company.
Replying to a question by a student during the question-answer session, she said the industry wanted young ambitious men and women. "There is no place for lethargic, unpunctual and irregular people, who cannot think and do not have ideas," she added.

Col (retd) HS Singha, director of the Institute, advised students to take the values enumerated by the speaker seriously and thanked Riat for her insightful presentation.