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Lessons For Entrepreneurs
TiEcon Ahmedabad aims to bring together the country’s brightest entrepreneurs, experts and changemakers under one roof
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With an aim to bring entrepreneurs from across the country on a single platform, TiE Ahmedabad, an individual chapter of global not-for-profit organisation TiE (The Indus Entrepreneurs), hosted TiEcon on 4 March, 2017 at the Indian Institute of Management, Ahmedabad (IIM-A).
From budding entrepreneurs to industry experts, the event was attended by around 800 business enthusiasts. The conference witnessed participation from 12 investors, 22 startups, pitching their business ideas and more than 20 startups exhibiting themselves.
The event received an overwhelming response from entrepreneurs and industry leaders. The event had riveting segments like Learner’s League; The Young Entrepreneurs; Tie International Startup Competition; Mentor Match, among other brainstorming sessions.
The event was attended by prominent industry leaders like Arjun Handa, Kulin Lalbhai, Samir Somaiya, Ankit Chona, Nilay Patel, Biren Patel, Amol Patel, A. Velumani , Anurag Batra, Ashwini Deshpande, Chirag Parekh, Chirag Patel, Deepak Gupta , Dr Deepak Vora, Girish Patel, Harish Sadna, Hemal Patel, Hiren Pandit, Kunwar Sachdev, Mahesh Murthy, Niraj Gemawat, Prasad Mangipudi, Probir Roy and among othes.
The event kept the audiences engaged with presenters and participants in genres like innovation. Entrepreneurs, professionals, to-be entrepreneurs, young businessmen, startups and young ventures, VCs, angles, HNIs, investment bankers, success- hungry entrepreneurs and social transformation entrepreneurs, were all riveted .
With interesting agendas in the form of sessions on topics such as ‘The successors — reinventing family business’, ‘Finnovative — future of Fintech’, ‘Growth gurus — scaling your startups,’ ‘Ideators — design driven innovation,’ ‘Its HOT—health tech opportunities for tomorrow,’ ‘Game changers — business of sports,’ ‘Power up with Su-Kam,’ ‘Romancing risk with Velumani,’ the event managed to keep the audience captivated.
With its ever ushering legacy, the TiEcon Ahmedabad efficiently managed to capture the true business essence of Gujarat — encouraging business evolutions, solid networking, showcase the radically transforming landscape of entrepreneurship in Gujarat.
Girish Patel, Founder and Chairman, Paras Pharmaceuticals, Hemal Patel-Senior Vice President IT & Operations at Cyberoam and Niraj Gemawat spoke about what it takes to grow a business from 100 to 1000.
“When I became an entrepreneur, many things were missing. It was a learning curve as we grew, travelling across the country, identifying and addressing needs. Hardwork and understanding consumer psychology was the best way to grow steadily, while training family members as well,” said Patel.
One of the most interesting and inspiring sessions was by A. Velumani, MD, Thyrocare Technologies. He left the audience spellbound in his 30-minute session post-lunch by providing them with the idea of romancing with risk.
Velumani stressed that the basis of entrepreneurship should be the ability to take risks.
“In the mid 90’s, I risked big stakes in my life to set up Thyrocare and today I am here talking about its success,” he said.
While most companies are afraid of giving important roles to freshers, Thyrocare offers employment to a large number of them.
Talking about his key to success he said that the best way forward for an entrepreneur is to seek profit from vendors and from customers.
“Believe in yourself, do not get influenced, resist temptation, plan ahead and be ready to lose, that is how you will succeed. Make others win and you will never lose,” he added.