Learn the trade secrets of entrepreneurship from the reputed charter members, get connected to the VC investors, avail the platform to attend industry specific forums and be a part of result oriented networking—all at The Indus Entrepreneurs (TiE) network
In the early ‘90s, a handful of silicon-valley stalwarts pledged their time and resources to support the cause of budding entrepreneurs
This effort gave birth to the The Indus Entrepreneurs (TiE) network, which is today the world’s largest non-profit organization to foster entrepreneurship. Also known as Talent Ideas and Enterprise, TiE has 11,000 general members and 2,500 charter members that include top entrepreneurs, VCs, private equity, angel investors, law firms, technology and management professionals.
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Pravin Gandhi, past president of TiE-Mumbai, crisply classifies TiE’s objectives under three ‘A’s—Awareness, Assistance and Advocacy. With an estimated US $200 billion in economic wealth creation, TiE’s sphere of influence pans across twelve countries through 53 chapters. “Our varied programs, under the triple ‘A’s, attempt to make the member an active participant in the entrepreneurial eco-system”, elaborates Gandhi, who currently heads the chapter’s affairs and finance as a board member.
So, how can an entrepreneur make the most of the TiE brand, which is globally synonymous to entrepreneurship? A question we posed to three executive directors of TiE. Bringi Dev (Bengaluru chapter), Geetika Dayal (Delhi chapter) and Manak Singh (Mumbai chapter) spoke passionately about their experience on the ground, bringing to light 15 distinct advantages of being in the TiE network as presented below:
1. Taste the brew
TiE’s ‘brew’ is an essential mix of guidance, education, connections and mentorship. Offered by successful entrepreneurs (charter members) to budding entrepreneurs, this tried-and-tested brew, as most members tell us, has recharged and refreshed their entrepreneurial minds.
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| Women’s networking session |
| "TiE is a completely neutral, inclusive platform which is sector and stage agnostic.Membership can be procured online at a nominal fee. After that, they receive regular information on TiE programs that they can participate in." -- Geetika Daya |
Pointing out that the brew is also brimming with energy, Manak Singh mentions, “In Mumbai and Delhi, over 70% of our charter members are actively involved in diverse mentoring activities of TiE.” Bringi Dev goes a step further to describe the critical roles played by these key members. “Charter members commit themselves to mentoring and coaching startups, sitting on the board of the Entrepreneurship Acceleration Program (EAP) or participating as instructors or speakers at TiE Institute workshops, educational programs, seminars, chapter leadership teams and special interest groups and committees. They also help raise funds through sponsorships”, Dev mentions.
2. Open to all
“TiE is a completely neutral, inclusive platform that is sector and stage agnostic,” Geetika Dayal notes. She also describes TiE’s simple entry formalities, “Membership can be procured online at a nominal fee. After that, they receive regular information on TiE programs that they can participate in. They can also seek mentoring services and get access to several other membership benefits, online as well as offline.” Encouraging membership from non-IT sectors, Dev says, “Currently about 60% of our members are tech-oriented and a significant 40% of our members are from different sectors.” And while TiE Mumbai’s monthly mentoring sessions such as TiE Over Coffee are restricted to members, Singh emphatically adds, “Nearly 70-75% of our other activities are open to all.”
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3. Knowledge is power
“Entrepreneurs helping entrepreneurs makes TiE’s knowledge exchange a rich learning ground,” says Singh. A framework of processes and tools within the TiE ecosystem enables experienced charter members to serve as leadership role models, trusted counselors/teachers and counsel to members to assist their professional development and growth. TiE global charter members (GCMs) are distinguished individuals like Vindi Banga, Vinod Khosla, Anand Mahindra, Kiran Mazumdar-Shaw, Aditya Mittal, Narayana Murthy, Shiv Nadar, Nandan Nilekani, CK Prahalad, Kanwal Rekhi and Arun Sarin to name a few.
To leverage the priceless experience of its charter members, TiE chapters have about 50 sessions a year with a varied range of formats, frequencies and duration. The largest amongst them is the annual TiE Entrerpeneurial Summit (TES). The last TES, held in Bengaluru had 1700+ delegates, 135+ distinguished speakers and over 43 hours of invaluable learning in just three days. Dev spells out its highlights as, “TES 2008 had 43 in-depth sessions from the global gurus of entrepreneurship, 22 high-powered panel discussions, eight inspiring My Story sessions and was attended by four of the 16 renowned GCMs.”
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