lite-ra'preneurship: The art of making it as a BITSian student entrepreneur

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Hello,  BITS.  Sorry  for  pulling  you  guys  away  from  DC++.  Will  try  making  it  worthwhile.

Who  am  I?  And  why  I’m  gonna  take  up  half  an  hour  of  your  time.

I’m  Gokul.  2009B1A2568H.  Yes,  I’m  still  a  student.  Also,  probably  the  most  under-­‐‑qualified  speaker  here.

I  founded  Likewyss.  Trying  to  help  people  find  good  content.

I’m  from  Neyveli,  TN.  Staying  in  Chennai.  Living  in  airports.

I  spoke  at  VIT,  recently.  www.bit.ly/VIT-­‐‑Talk-­‐‑Slides

‘lite-­‐‑ra’preneurship  (n.);  The  art  of  making  it  as  a  BITSian  student  entrepreneur.

Who  should  listen?  Students.  Professors.  CEL  Core  Group  folks.

Students.  What  do  you  need  to  build  a  startup?  And  how  to  exploit  BITS  for  it.

Requirement  #1.  People.

Amazing  alumni  network.  Phanindra  Sama,  Rishabh  Kaul  and  Lucky  Murari  to  name  a  few.

Free  advice;  becer  investor  access.  Ask  for  money,  you  get  advice.  Ask  for  advice,  you  get  money.

Investor  psychology.  More  likely  to  invest  in  chums  their  entrepreneurs  refer.

Co-­‐‑founder  dating.  Colleges  are  the  best  hubs  for  finding  success-­‐‑hungry  people.

Requirement  #1.1.  Balls.

I  mean,  eye-­‐‑balls.  10,000  students  at  BITS.  Active  community  online.  High  virality  coefficient.

Requirement  #2.  Time.

No  acendance.  Yay.  12  —  14  hours  of  work  per  day  is  nominal  in  the  early  stages.

Requirement  #3.  Space.

Library  is  your  first  HQ.  And  your  hostel  room,  your  remote  workspace.

My  typical  day  at  BITS.8:00 Wake up

8:30 Breakfast

9:00 - 12:00 Working at library

12:00 - 12:30 Lunch

12:30 - 2:00 Academic crap

2:00 - 5:00 Lab, of some sort. Wretched things.

5:00 - 6:00 Break

6:00 - 9:00 Working at library

9:00 - 10:00 Dinner and Walk

10:00 - 1:00 Having fun

Professors.  A  few  words  for  you  to  help  groom  the  next  Mark  Zuckerberg.

Let  them  be.  Encourage  them  to  find  their  passion  and  work  towards  it.

Bunking  classes  is  not  a  crime.  There  is  good  reason  behind  the  zero-­‐‑percent  acendance  policy.

Marks  do  not  reflect  capability.  Not  everyone  wants  to  be  a  ten-­‐‑pointer,  and  there’s  life  beyond  grades.

Placements  are  not  the  end  of  the  world.  We  entrepreneurs  prefer  the  other  side  of  the  table,  actually.

These  are  super-­‐‑intelligent  kids.  They’ll  figure  out  what  this  whole  life  thing  is  about.

Knowledge  obtained  within  the  walls  of  a  classroom  may  help  them  score  well  in  tut-­‐‑tests  but  wisdom  amassed  outside  it  is  what  prepares  them  for  the  compre  

called  life.

Things  you  should  know.  But  that  they  never  tell  you.

Starting  up  is  a  lonely  journey.  Find  a  co-­‐‑founder  to  share  the  pains  …  and  gains  (if  any).

Startups  are  emotional  roller-­‐‑coasters.  One  day  you’re  on  top  of  the  world,  next  day  your  database  is  hacked.

Networking  events  are  a  waste  of  time.  This  includes  all  kinds  of  Speed  Dating  events,  workshops,  what-­‐‑not!

Passion  is  over-­‐‑rated.  Doing  what  you  love  involves  doing  a  lot  of  what  you  hate,  too.

So  are  buzzword  products.  Build  one  more  online  fashion  store.  I  dare  you,  I  double  dare  you.

It  does  not  happen  like  in  The  Social  Network.  Or  any  other  Aaron  Sorkin  movie  for  that  sake.

You  should  know  a  li#le  bit  of  everything.  Design.  Development.  Marketing.  Finance.  Sales.  Legalities.

But,  you’ll  always  be  unsure.  Don’t  be  afraid.  No  CEO  really  knows  what  to  do.  Go  by  your  gut.

And,  an  MBA  doesn’t  help  either.  It  ‘maybe’  useful  to  run  a  big  corporation,  but  definitely  not  a  startup.

Nobody  is  going  to  steal  your  idea.  And  nobody  sure  as  hell  is  going  to  sign  an  NDA.

Don’t  be  emotionally  acached.  If  it  doesn’t  work,  it  doesn’t  work.  Period.

Give  it  your  best.  And  start  today.

Thank  you,  everyone.  It  was  a  pleasure  being  here.  Hope  it  was  Likewyss.

Always  love  to  talk.  !

Phone:  +91  -­‐‑  99430  90073  (unless  you  are  a  credit  card  agent)  

!

Email:  hello@gokul.im  (unless  you  are  a  Nigerian  prince  with  a  billion  dollars)  

!

Twicer:  @_gokulsridhar  (No  ‘Hey!  Look  what  this  girl  is  doing.  hcp://stupid.url'ʹ,  please)

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