Overthrowing the incubation regime

From an earlier post Business Incubation 101 that forms the preamble of my incubation idea. Thanks for all the offers of support – shows me that the idea resonates with many.

1. First bring the academia out of the safety of the cocoons we’ve woven around them. Have them check out what the world looks like. Today’s world. Today’s India.

2. Next, focus towards incubating ‘people’. They should be the real focus. Find real mentors. People that have been in the entrepreneurial world even if they have failed. They are the best teachers. Not professors of colleges. Don’t talk about incubating business. Leave that to the Western world.

3. Next, teach people to fish. No point in teaching fishing in your living room aquarium. At least walk them out to a brook. Pick up all the university incubation centres and physically put them off campus. That’s where the world exists. Not in the time warped government funded institutes.

Entrepreneur-ism is not socialistic. And capitalism doesn’t necessarily mean greedy or mercenary – especially in the context of India’s ethos. Make entrepreneurship an attractive lifestyle and stop being condescending irrespective of the preamble of our constitution. That goes for all those holier-than-thou bankers and VC’s.

Business Incubation 101 (India)

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 This post is India centric.

Thinking lag is a serious condition. I remember how the older folks used to tell us ‘in our times things were so much cheaper’. Look at how the Government patronises unsuspecting academia and students by announcing Goals 2020 and supports it with Funding 1920. It’s not even smart political thinking. Call it Politicalaggard thinking.

Mayawati will spend Rs. 2000 crores (USD 400 million) dotting the UP countryside with ego-stroking statues of herelf and her mock leather handbags while the Government announces 1 crore for business incubation. Here …

The government has now formulated a scheme to set up around 100 incubators in the country to encourage the development of new businesses. It has earmarked a budget of Rs 1.13 crore for 2007-08 for providing grants to 50 universities and training institutes for setting up these incubators!

[read the original evangelising here]. And don’t miss ‘proud’ exclamation mark.  Continue reading

Rising from the ashes of Global capitalism …

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Image by ~FreeBirD®~ via Flickr

The great Indian dream

Quoting from Vir Sanghvi in The Dream Lives, [January 3, 2009], India will have to make a huge effort in resurrecting its dream. This time around we’ll have to dream while staying wide awake.

 Already, the collapse of the Wall Street model of global capitalism has shown us that, ultimately, the only country that India can trust is India itself. And the only solutions that work are our own, derived from our ingenuity.

… But I don’t think the dream is dead. We are still ahead of the rest and still on course for the Indian century.

What is dead, however, is the complacency and shallow superficiality of much of the middle class. We followed the wrong gods and were swayed by the wrong mantras.

Now, we are back on track — as Indians, together.

So what does all this mean to the average Indian? First of all there is no such commodity. Perhaps, in the business world, the demography we’re talking about would be the urban middle class. Which is also a heterogeneous lot. The elite educated. The elite uneducated. The educated haves. The educated have nots. The ambitious employee. The reckless entrepreneur. The tradition-shackled husband. The emancipated wife. Most lured by western materialism. 

Out of this maze of complexity comes a potluck of priorities. All driven by aspirations propagated by glitzy magazines. 2008 shattered the mirrors and the smoke vanished. We are now faced with our old realities. A return to family values, ethical practices and hard work. Old fashioned but tested. Need before greed.

Any takers?

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