Would it make sense to have a back-to-school program, wherein successful entrepreneurs adopt good ideas from colleges, maybe from their own alma maters and help them grow big?
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| Krishna Kumar |
Recently I was at two events. The participants in the first one were established business men, each with businesses in the Rs 100 crore plus range. I was speaking to them about the huge opportunities that are opening up all around us.
One senior member of the crowd put up his hand and asked a simple question – Can you tell me where I can get good ideas from? I have the money and am searching for ideas. The rest of the group seemed to echo his view.
The second group I addressed was a set of B School students. All of them were brimming with ideas and wanted to know only one thing—where can they get funding from? Obviously, there is a disconnect waiting to be bridged.
Would it make sense to somehow get the two together? Would it make sense to have a back-to-school program, wherein successful entrepreneurs adopt good ideas from colleges, maybe from their own alma maters and help them grow big?
Talk to any VC and you hear them say that out of the hundreds of project proposals they get, only a few catch their attention, much less get funded. A back to school program like the one I am talking about could improve this ratio manifold. Throw in some mentoring and the rate of success too could increase manifold.
Before I end, thank you very much for the enthusiastic welcome that all of you gave to our first issue and to all the feedback you have provided. We are trying to incorporate your suggestions starting this issue onwards. Whereever possible, I will personally be replying to your messages. Thank you once again and I hope that you will continue to welcome us the same was as you did our first issue.
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