Entrepreneur of the Month – Larry Page

                              Every month, a new entrepreneur, a new inspiration

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Today we celebrate World Entrepreneurs’ Day – to celebrate the ingenuity and dedication displayed by millions of people who made their dreams into reality. We dedicate this day to Larry Page who is the CEO of Google’s parent company Alphabet inc. Along with this, he is the inventor of PageRank- Google’s best-known search ranking algorithm. He is best known for co-founding our most reliable search engine Google.

In The News!

Under Larry Page, Google is seeking to deliver several major advancements in a variety of industries. Due to constant quality leadership and dedication, a number of projects backed by Page have turned into companies in just one year. One such project is Waymo – a self-driving technology development company which is currently running on trial. He along with Sergey is leading several other projects in Alphabet Inc. which includes Kitty Hawk, a Silicon Valley company backed personally by Larry Page which is under prototype testing in California, Google Capital, Google Ventures and Wing which is a drone delivery company. In his recent newsletter, Page stated that with the change in Alphabet, the visibility to success has increased. This rigorous involvement of Page in start-ups has given so many entrepreneurial dreams a boost. The conclusion drawn here is that Larry Page (alongside Sergey) has learned how to set up companies with a structure of success. Of which Waymo is the greatest example. With so much coming up, there is a lot to be excited about!

 

Know thy Entrepreneur

Larry Page grew in an environment totally obsessed with computer programming and artificial intelligence. He is not only an avid reader but also a saxophone player. His excessive inclination towards music in his childhood days fostered creativity and invention in him. Music according to Larry Page has made him realize the importance of time and speed (even a millisecond) in computing. Though google.com got its domain name registered in 1997, this invention of Larry and Brin had already broken walls and was hugely popular amongst the students of Stanford University by the name Backrub – a name given by Larry Page to run the prototype of their search engine. Larry Page was the sole inventor of the PageRank and launched it in 1998. Larry stepped aside as Google CEO in July 2015 for the second time to become the CEO of Alphabet to re-organise google’s assets. As far as awards and accolades are concerned there was no looking back for Larry Page since 1999. He has bagged several prestigious titles and awards including WORLD ECONOMIC FORUM Global Leader for Tomorrow, Marconi Foundation prize,  Communication Award by King Felipe. His name regularly features in the Forbes list of most powerful people, world’s richest people and top inventors.

Larry Page is not only active in business and entrepreneurship development but he is also an investor in Tesla Motors through which he promotes the use of renewable energy. Page has also constantly been working on the socio-economic effect of advancements in technology, shortening the work week and wiping away the destructive effect of technological unemployment is his main concern.

Larry Page through his work has shown us how constant dedication and effective leadership can lead you to great heights. Larry has not only managed to be an idol for many entrepreneurs but he continues to have a hand in launching potential start-ups.

                                                                                            By Ruchika Kar

                                                                                                         

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Doing an Internship – Why it can be the best decision of your life?

In any walk of life, nothing can substitute experience. No good grades, no certificates, and definitely not the degrees can take the place of the work that you have done hands-on. Every employer these days expects the fresh graduates to have at least some experience in the corporate space, having picked up the work ethos and professionalism.

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From the very beginning of your post-school years, you may have seen a number of students working rigorously towards enhancing their skills by gaining ‘experience’ in the form of internships and volunteer experiences, which in turn make them more competitive in the job market.

 

The importance of doing internships in college years is indisputable. Here are five main ways that you will benefit immensely by doing an internship:

 

  1. Learn Professionalism

In the current scenario of employment worldwide, getting hold of a good job isn’t a cakewalk. You know it. Being an ardent student in class, a topper and your teachers; favourite is not going to bring your dream job at your doorstep – you know there are a thousand other people who are exactly like that, and there’s no way you stand out. Standing out, however, is important.

“You will have to step out to stand out”

An internship gives you the hands-on experience of any work environment. You get to tackle numerous problems in real time. There will be tasks and duties for you with a specific inexorable deadline. In the process of completing the duties successfully you will beat off various complications, work hard  and get more professional. Won’t all of this actually make you stand out?

  1. Enhance Your Resume

Interviewers don’t take a minute to skim out your CV, until & unless it has something which grasps their attention. The logic is simple – recruiters want the best returns on the investment that they make by hiring an employe, and a candidate with a prior work experience will surely be at the top of their priority. That is why they prefer students who have got great internship experience over those who have not.

Do some productive internships and then it’s your chance to enhance your resume. Include your internships and list down the the skills acquired, tasks thrown to you, your contribution to that company, your result matrices and everything else about your internship (bragging, eh?). This will be a great attraction in your resume, and will surely interest the interviewers.

 

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  1. Build a Network

We live in a global village, and you never know who can be of help at what time, especially in the corporate world. Your list of internships helps you here as well. In your internships  you will get to meet new and amazing people, sometimes get introduced to really big people, and you get a chance to make it to their good books.

“it’s not about what you know, it’s about whom you know”.

While this one statement may not make a lot of sense to you, but this is how the jobs market works. When you know good people, you have already showcased your good work to them through an internship, it is highly likely that you will never be having a hard time finding a job. Many a times, a company you intern with, gives you a pre-placement offer, and you are up for a very bright future, just on the back of decision you made – to do an internship!!

 

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  1. Test Your Career Plan

Well, a vast majority of undergraduates are not sure of their career plan up until the last year, when they actually find themselves in the middle of a job – many times a job that they hate! A profession may seem exciting at first sight, but it can later on turn into something that you are not at all passionate about.

Internships come as amazing opportunities to have a brief stint in each of the fields that you just might want to work in, in the future (remember, that bucket list?!). This will also help you to analyse if a specific field is something you could see yourself doing full time in future. Do internships – a lot of them, in a lot of different fields. In this process, your priorities might get completely jumbled, a desire to switch your current career path might arise, which is all for the best. Any decision that you take further, will have a component of experience in it – and that will make all the difference.

 

  1. The Finances Involved

While this may be the last thing to worry about for college goers (as per our parents), but we know, that we vouch for that financial freedom. After all, money matters. Many of the internships these days are paid, offering respectable amounts as monthly stipends. That way, internships give you an amazing opportunity give some financial backing to yourself, and have a life! In fact, it’s not even just about the money, but having money in hand also teaches you a lot of things – financial management, spendings, investments and savings! Can you imagine going through all of that learning, that too at a young age, in your college  – any other way?

Internships are one of the best ways to learn everything that you are unable to, while sitting in the lectures. The importance of internships is such, that even the government is making internships mandatory for getting degrees.

So, what are you waiting for? Grab an internship this summer, give your all to it, and we bet you won’t regret that experience.

 

Wait! Looking for an internship this summer? We have internship’s for all! Attend Panjab University’s Intern Fair on 21st-22nd April at Chandigarh. For more info visit our Facebook Page and register here.

GET HIRED THIS SUMMER!

 

Entrepreneur of the Month – Gary Vaynerchuk

Every month, a new entrepreneur, a new inspiration

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Yet again, we bring to you another edition of Entrepreneur Of The Month and this time we have an entrepreneur whose videos and books have inspired and taught social media marketers around the world, Gary Vaynerchuk aka Garyvee, CEO and founder of VayernMedia, The Gallery and The Wine Library. Gary is also an author, speaker and an internet personality.

 

In The News !

Regarded as the top most social media expert and a serial entrepreneur, he came out on a world wide podcast to discuss why entrepreneurship isn’t for everyone. Placing facts on how 99% of start-ups fail, he stated that media may make someone look like an overnight success but only a successful entrepreneur can shed light on the real story. Gary believes that soon people in their 60s and 70s will be making online businesses and making millions and not someone in their 20s, because people think Facebook and Uber was developed by ‘kids’ so they know it all. He has an idea of turning retirement homes into incubators. Well that’s something!

 

Know thy Entrepreneur

Gary Vaynerchuk  is a Belarusian American entrepreneur, author, speaker and internet personality. First known as a wine critic who grew his family’s wine business from $3 million to $60 million, Vaynerchuk is best known for his work in digital marketing and social media, leading New York-based companies VaynerMedia and VaynerX. VaynerMedia grossed $100 million in revenue and is also partner with Vimeo to connect brands and film makers for digital content.

Gary is also an active investor having invested in Facebook, Twitter, Venmo and dozen of start-ups and has a worth of $160 million.
Gary is a frequent vlogger whose show goes by the name of DailyVee on YouTube that chronicles Vaynerchuk’s life as a businessman. He also launched a #AskGaryVee show on his YouTube channel where he answers questions on Entrepreneurship, family and his profession. He also launched a vlog and a radio show Wine Library TV featuring wine tasting and reviews which earned him the tag of “Greatest Wine Critic”.

His audience and interaction with so many people around the globe has inspired him to write books. He signed a deal with a publishing company and released his books on social media, customer acquisition, leadership and self-awareness which are four time New York Times bestsellers. His first book Crush It!  is regarded as the #1 book on Web Marketing.

GaryVee’s life tells a short story of how you can create a business out of something you love (even if it’s wine) and also how one can use his expertise to make obsolete projects, gold.

By Paritosh Sankhla

Government Schemes for Entrepreneurs

The Government of India has undertaken several initiatives, policies and schemes to promote a culture of innovation and entrepreneurship in the country. These aim to tap into the potential of the citizens and innovate, raise entrepreneurs and create jobs.

A few of India’s efforts at promoting entrepreneurship and innovation are:

  1.  Startup India: Headed by the Department of Industrial Policy & Promotion (DIPP), Startup India promotes entrepreneurship by mentoring and nurturing start-ups. Their aim is to build a network and an environment where start-ups can grow, through provision of start-up learning programs, smoother patent filing, funding programs, tax benefits, and setting up incubators, research parks, as well as start-up centres in cities across the country. They provide funding support through a “Fund of Funds” amounting to INR 10,000 crores.
  2. Atal Innovation Mission (AIM): Established within the National Institution for Transforming India (NITI), AIM is a platform for the promotion of innovation hubs, challenges, start-up businesses and other self-employment activities, particularly in technology driven areas. AIM provides incubation facilities, Atal Incubation Centres (AICs), in order to build start-ups into sustainable enterprises. These AICs provide access to experts, seed capital, mentors and trainings to nurture start-ups. AIM will provide a grant-in-aid of INR 10Cr to each AIC for a maximum of five years, after which they are expected to become self sustainable. 
  3. Technology Business Incubators(TBI): An institutional mechanism under the NSTEDB- National Science and Technology Entrepreneurship Development Board, aiming to foster entrepreneurial spirit, facilitate technological enterprises and commercialize tech related R&D. They provide mentorship, training, business planning support and specialized services to tech based start-ups. The TBIs are funded for 5 years and then are encouraged to become independent.
  4. Innovation and Entrepreneurship Development Centre (IEDC): Another mechanism under the NSTEDB, seeking to encourage tech based start-ups by promoting innovation in students. They provide suitable mentorship, opportunities for growth through projects, competitions and interactive sessions with professionals. They also aim to facilitate E-cells in colleges to improve student involvement in the start-up world. Moreover, they provide a limited, non recurring financial assistance, up to maximum of INR 25 Lakhs.
  5. National Institute for Entrepreneurship and Small Business Development: NIESBUD is an organisation engaged in training, consultancy, research and cluster interventions in order to promote entrepreneurship. They set up activities for promoters, trainers, and entrepreneurs and accelerate entrepreneurial development and business management. They also provide a national/international forum for exchange of ideas & expressions.
  6. SIDBI Innovation & Incubation Centre (SIIC) at IIT Kanpur: This was set up in collaboration with Small Industries Development Bank of India (SIDBI) which is an apex bank to provide financial assistance under different schemes, to meet credit needs of small entrepreneurs or business organizations. It offers incubation facilities and services to prospective entrepreneurs and encourages them to convert their ideas into commercially viable products. They have a thriving ecosystem, with eight incubation centres, mentor and funding support, and student run e-cells, which provide networking opportunities.

The start-up culture is now gaining popularity in the country. With the government showing support and encouraging innovation with these start-up centric schemes and initiatives, the start-up ecosystem is expected to thrive like never before. 

BY 

SHALEEN AHUJA

                       

Entrepreneur of the Month – Serguei Beloussov

Every month, a new entrepreneur, a new inspiration

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To boost up your knowledge we are here with the next release of our new series- Entrepreneur Of The Month, this month we have the Russian-born Singaporean who built a billion dollar IT empire,  Serguei Beloussov, CEO and chairman of the board of Acronis,  the co-founder, a global data protection company and is the senior founding partner of Runa Capital, a technology investment firm, among other business ventures.

 

In The News !

In May 2013, Beloussov returned as chief executive officer of Acronis, the data protection company he co-founded and had left in 2008 after disputes between management and promoters. Since then he has been trying to grow the company to a couple of billion dollars in revenue, from a couple of hundred million right now—target is a ten-fold growth in revenue.  To fulfil that purpose, Acronis, a global leader in data protection, has opened an R&D centre in Singapore and is looking to invest more than 55 million dollars over the next five years in the innovation activities. Research scope of the centre, to host 120-150 engineers, will include efficient data storage and processing, optimised data transfer protocols, data security and mobile data protection.

 

Know thy Entrepreneur

Serguei Beloussov, is a man used to getting his way and with little patience for tardiness, but willing to accommodate other opinions too. Certainly the first part explains why, in 2013, he returned to take back the reins of the company he had founded in 2001 and which he had effectively – in terms of managing the company at least – left in 2007. For Beloussov, that future is the cloud. He and his partners founded Acronis in 2001 in Singapore as a business unit within SWsoft, a server automation and virtualisation software company and the parent company of Parallels Inc, which Beloussov also founded.  he wants Acronis to become a billion-dollar company. More than once, at the Malaysian launch, the Russian-born entrepreneur emphasised that he is now a Singaporean citizen.

He remains a senior partner at Runa Capital venture fund, which amongst other areas, has invested in companies developing teleportation technologies, and executive chairman of Parallels. Before returning to Acronis, he had also cofounded Qwave Capital venture fund, created to support advanced quantum technologies.

By Simmy Singh

Autographs of Famous Entrepreneurs | Social Media

Signature is also a little piece of art that reflects your creativity and uniqueness and well there’s no doubt that most innovative minds are those people who founded, developed and now lead the Social Media platforms! So let’s see what does their signatures mean.

 The Social Media

Jack Dorsey, Twitter’s CEO, has a signature which is not his official business signature. The fully legible letters reveal his open straightforward approach to communication, and the lack of surname demonstrates his relaxed nature.

The great minds of top social networking platform has there own uniqueness, specially Mark Zuckerberg, ironically for the CEO of Facebook, his initial-based signature suggests highly private person. However, each letter is capitalized, revealing reams of confidence and a healthy sense of self-esteem.

Now let’s move to the personalities who focuses on the ‘Broader Picture’, Kevin Systrom (Instagram). The large capital letters dominate Kevin’s signature, and betrayer hint of arrogance. The missing dot over the letter ‘i’ reveals that Kevin prefers to look at a broader picture rather than focusing on minute details.

And in the end to complete the streak we have, Reid Hoffman ( LinkedIn), the extreme upward slant of Reid’s signature demonstrates a fierce ambition, and a tendency to plan for the future. The slashed dot over the ‘i’ betrays his impatient nature, and suggest his spends much of this time on the go.

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We hope you liked our series of Autographs of Famous Entrepreneurs! Leave a suggestion and do let us know if you want us to cover any topic!

Author: Simmy Singh

Autographs of Famous Entrepreneur | Women Power

The second blog of our series is dedicated to four women who made their name in industry by reaching the top of the Ladder!

The Women Power

Ginni Rometty CEO of IBM, the flamboyant first letter of Ginni’s signature suggest that she strikes to make a presence felt in the boardroom. The open topped ‘o’ demonstrates collaborative nature, and a desire to share ideas with others.

Same goes for the next female lead, Ursula Burns (Xerox), there is no noticeable slope to Ursala’s signature, indicating she takes a balanced approach to business. The pronounce capitals demonstrate confidence, and the legibility shows she is straightforward to work with.

The next Women on the list is, Safra Ctaz (Oracle), her signature is particularly distinctive, with large, swooping letters, and pronounced capitals. This reveals confidence, and extroverted nature. Each letter is easy to read, suggesting she is an open straightforward person.

For Meg Whitman CEO and Director of HP, the striking line at the end of her signature demonstrates her drive and determination. Although her first name is perfectly legible, the surname is scrawled- showing she takes great pride in her personal accomplishments.

Next Blog of the same series will be released tonight! Stay Tuned!

Author: Simmy Singh