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Hoorain

*In search of Oyster Pearls*
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TiE Nagpur Session on INNOVATION & ENTREPRENEURSHIP – Ashok Rao, Chairman, TiE Global


Released By:
TiE Nagpur
Release Date:
07/16/2011
“Clear vision, creativity, courage, decisiveness, never-say-die attitude and readiness to accept failure – are the essential characters of an entrepreneur,” said Ashok Rao, Chairman, TiE Global Board of Trustees. He was speaking at a seminar organized by TiE Nagpur chapter on 13th July 2011 at Hotel Airport Centre Point.

Addressing the packed house of members, guests and industry professionals, Ashok said entrepreneurs have driven the planet for last so many years and also changed the life of people by means of their innovative ideas.

Inspiring the entrepreneurs to innovate, he further advised them to achieve 100 percent by improving 1 percent each in 100 different fields. He suggested participants to be more vigilant while recruiting people. According to him wrong people will not serve would not serve the purpose of the enterprise. “You should know who is going to be with you and who is sharpening his knife being with you,” he pointed out.

He advised the members to spend more time rather than spending more money for making the venture successful. Ashok feels that entrepreneurs should have an emotional bond with the company but also suggested others to sell their enterprises at the right time. “I had good relations with all my employees of five companies but still sold the companies in the interest of every one involved,” he clarified. Entrepreneurs should know how & when to scale up the business, how to sustain the growth and when to exit the venture, he said.
 

Hoorain

*In search of Oyster Pearls*
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Dec 31, 2009
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Vinod Khosla was one of the keynote speakers at TiEcon SV, 2011


Release Date:
03/06/2011
Vinod Khosla is a well recognized venture capitalist and among the most influential personalities in Silicon Valley.Khosla was one of the co-founders of Sun Microsystems where he served as first CEO & Chairman in the early 1980s. He went on to become a general partner of the venture capital firm Kleiner, Perkins, Caufield & Byers in 1986 where he would remain through the early 2000s. In 2004 Khosla formed his own firm, Khosla Ventures focused on venture investments in various technology sectors, most notably clean technology.
Vinod Khosla is a charter member of TIE and an eminent brand ambassador representing and advocating interests of TiE.
 

Hoorain

*In search of Oyster Pearls*
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Good ideas need money to build a business(Sureh MAdan-president of TIE Toronto)!


Release Date:
06/06/2011
Good ideas need money to build a business, and that’s where TiEQuest comes in. In an interview with 680 AM news, Suresh Madan, President of TiE Toronto talks on the value of TiE and TiEQuest to the entrepreneurial community.

TiEQuest is a Business Competition that has created over 25 success stories that have raised financing, acquired customers or signed strategic agreements. Two alumni achieved very successful exits in course of the business competition and mentoring program - Cognovision (TiEQuest 2007 participant) was acquired by Intel Corp and Echologics Engineering (TiEQuest 2007 winner) was acquired by NYSE-listed American company, Mueller Water Products.

TiEQuest has helped us deepen our relationships with other entrepreneurial organizations, including MaRS, OCE, HTX, Impact, PEO and others. For the first time, the competition was held simultaneously in
Cleveland, Ohio and Toronto, Ontario.
 

Hoorain

*In search of Oyster Pearls*
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Dec 31, 2009
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Too many teachers not needed: Sam Pitroda



Released By:
TIMES NEWS NETWORK
Release Date:
03/26/2011
Sam Pitroda, Advisor to the Prime Minister of India on Public Information Infrastructure & Innovations, spoke at the Invest Bhubaneswar symposium recently.

He is also widely considered to have been responsible for India’s communications revolution. As Advisor, he will be looking into creating information infrastructure for enhancing delivery of services to the citizens in various areas and will also be working on creating a roadmap for a ‘Decade of Innovation’ in India. As technology Advisor to the Prime Minister, Rajiv Gandhi in the 1984s, Mr. Pitroda not only heralded the telecom revolution in India, but also made a strong case for using technology for the benefit and betterment of society through several missions on telecommunications, literacy, dairy, water, immunization, oilseeds etc.. He has continued to redefine the role technology can play in a society like India by linking it to better delivery of services for the underprivileged in the country.

At the conference, National Innovation Council chairman, Sam Pitroda said, "At a time when short-age of teachers is perceived to be a big impediment to education in the country, the need of too many teachers is becoming irrelevant. We don't need lots of teachers. The teachers don't need to create or impart content to students anymore. The role of teachers has changed to that of mentors." But whether government and teachers association can accept the fact; that is a big question, he said.

"The new learning models today are very different. Students are multi-tasking. They are listening to music, talking to a friend over phone and doing homework at the same time. Still, they are surprisingly doing good," he said.
Pitroda said that, "The government wants to institutionalize innovation as a platform. The new products and services cannot only come from laboratories and by researchers; innovation can come from anyone. There has to be innovation in social, health, education and rural development sectors." he said.

Secondly, the government strongly believes that all the researches are focused on solving the problems of the rich, who don't have any problems. The innovations must be to address the problems of the poor, who are at the bottom of the pyramid, Pitroda said.

As technology Advisor to the Prime Minister, Rajiv Gandhi in the 1984s, Mr. Pitroda not only heralded the telecom revolution in India, but also made a strong case for using technology for the benefit and betterment of society through several missions on telecommunications, literacy, dairy, water, immunization, oilseeds etc.. He has continued to redefine the role technology can play in a society like India by linking it to better delivery of services for the underprivileged in the country.

The man, credited for the telecommunication revolution in the country also addressed the next phase of IT where the creation of a new platform for broadband would empower all universities, research institutions, government and private organizations to be interconnected. His vision is that all physical space in the country would be tagged with IP addresses and all data digitalized.

Pitroda said, "Bhubaneswar will emerge as the knowledge capital of east. There are so many good institutes in and around Bhubaneswar. If these all are packaged together well, Bhubaneswar will be East India's knowledge capital."
 

Hoorain

*In search of Oyster Pearls*
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Step out of comfort zone to become entrepreneur - Sharad Sharma, former CEO of Yahoo India (R&D)


Release Date:
04/18/2011
Entrepreneurship is a mind set. It is all about how you think, what you think. It needs personal mastery. You cannot learn yoga by reading but by doing it. These were some of the points where the discussion of Sharad Sharma, Entrepreneur in Residence (EIR) with Canaan Partner and former CEO of Yahoo India (R&D) revolved on the concluding day of TiEcon Nagpur 2011 on 3rd February 2011.

He said that those who have stepped out of comfort zone have become successful entrepreneurs. "This is one of the reasons that people are coming out of the Silicon Valley and going for their own startups," he said. "One has to become contrarian". In last 15 years, tremendous change has taken place in technology business market. Fifteen years ago, companies like Yahoo or Google were not in existence. Setup in 1997, HTC has become the 6th largest phone manufacturing company in the world. There were times when ice harvesting was a business. Then ice factories came. "Now after the invention of refrigerators, ice factories are disappearing, " Sharma said.

Market and technology inflexions are happening. "There are various market inflexions. In Kenya, about seven million people are doing transactions through mobile. Combination innovation has happened because of hobbyists. Companies like General Electric and Microsoft have been formed because entrepreneurs were hobbyists. "Today consumers are getting the best technilogy. He said, "Indians have the capacity to do combination innovation."
 

Hoorain

*In search of Oyster Pearls*
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Dec 31, 2009
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Turn your passion into your Career

Released By:
Jennifer Kushell,YSN
Release Date:
01/24/2011
We’re all passionate about something – even if it doesn’t strike us as job or career worthy. Think about all of the things that get you fired up, excited, eager to act…write those things down. Fill the page with things you love and are good at. Those are the best clues you’re going to get. Challenge yourself to translate what’s on that page into ways you might be able to channel those abilities or passions into some form of work. It is what makes you different that makes you special.
 

Hoorain

*In search of Oyster Pearls*
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How to Find a Business Mentor


Released By:
Inc Magazine
Release Date:
01/24/2011
A mentor is a person with more experience in business, or simply in life, who can help an entrepreneur hone her or his abilities and advise him or her on navigating new challenges. A mentor can be a boon to an entrepreneur in a broad range of scenarios, whether they provide pointers on business strategy, bolster your networking efforts or act as confidantes when your work-life balance gets out of whack.
The exchange of knowledge in a mentorship flows in both directions. Here are a few tips on finding a great mentor-mentee relationship
 

Hoorain

*In search of Oyster Pearls*
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Dec 31, 2009
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The Value of Mentors


Released By:
Nolan Bushnell, Inc Magazine
Release Date:
01/24/2011
It is easy to think that because no business like yours has ever been done before, that your problems are unique. They are not. Most of the things that early entrepreneurs do have been done by every startup and there are many that have gone through it many times. That's where mentoring comes into play. Finding an engaged mentor who will keep you on your toes is an important growth step.
 

Hoorain

*In search of Oyster Pearls*
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Dec 31, 2009
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About TIE (The Indus Entrepreneurs)

The Indus Entrepreneurs (TiE), was founded in 1992 in Silicon Valley by a group of successful entrepreneurs, corporate executives, and senior professionals with roots in the Indus region. There are currently 11,000 members, including over 2,500 charter members in 60 chapters across 17 countries. TiE’s mission is to foster entrepreneurship globally through mentoring, networking, and education. Dedicated to the virtuous cycle of wealth creation and giving back to the community, TiE’s focus is on generating and nurturing our next generation of entrepreneurs.
The foremost and most widely known event that TiE hosts is TiEcon, which is the largest professional and networking conference for entrepreneurs. TiE also hosts a wide range of programs events catering to various industry verticals, educational events hosted by TiE Institute, TiE Young Entrepreneurs (TYE) program to foster entrepreneurship in our youth, and TiE Women’s Forum for empowering women entrepreneurs.
Besides its flagship event, TiECon - the largest professional conference for entrepreneurs, TiE now has a wide range of programs including Special Interest Groups (SIGs), TiE Institute, Deal Flow Meetings, TiE Young Entrepreneurs, and, most recently, TiE Women’s Forum and CEO Forum.


 
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