Dear All,
Entrepreneurship is an attitude, a way of looking/living life. The spirit of enterprising is
required for both employer and employee, independent of calling, profession or job or industry.
Enterprising means heading towards a good dividend, not always only in terms of monetary profit
but also in terms of sense of achievement, happiness, job satisfaction, service to society, good
to the public, etc.
To be an effective teacher, one needs to be enterprising that can be seen and sensed through
such activities as going beyond syllabus, connecting classroom teaching to boardroom needs,
contributing in R & D and consultancy, value addition to the present level of knowledge,
publishing books and articles, arranging field trips, inviting experts from field and so and so
on.
See the attachment. Teachers can be calssified as we classify entrepreneurs. Great teachers are
great entrprenurss
Regards.
Yours,
________________________________________________________________________________
'.E.g.1 teachers will not respond to your phones and emails, or will promise you but fail to
deliver.Entrepreneurs think at light speed - and respond / deliver, as quickly.E.g. 2 teachers
are limited to their syllabus and text books (which they will not read fully). Entrepreneurs are
open to everything, opportunities or otherwise, under the sun.business insights / real time
business experience in the classroom and nurturing entrepreneurism: these are not necessary
issues / traits for teaching. As a teacher can never be an entrepreneur, it is best that the
institute hire anentrepreneurto determine the course,shape its contents,and plan and execute
their delivery.
Best wishes.--------------------------------------------------------The great aim of education
is not knowledge but action. ~ Herbert SpencerDr Vinod DumblekarMANTISManagement Simulation
Gamesdesign | development | deliveryPh : +91.9818631280www.mantis.co.in From: Prof.
Bholanath Dutta
onmouseout="hideDiv('correctspell')" href="javascript:undefined;">googlegroups.com> Sent:
Thursday, August 7, 2014 9:21 AM Subject: [MTC Global] Re: Entrepreneurship and 1% Every
teacher must be an Entrepreneur also. It is not only to ensure his/her sustainability [ build
self-confidence] but also helps bring new
business insights / real time business experience in the classroom apart from nurturing
entrepreneurism.
Best Regards,BNDOn Thu, Aug 7, 2014 at 9:10 AM, Dr Vinod Dumblekar
Dr Rao,
You said:As far as academic programmes on this aspect is concerned, we can only teach and create
awareness on the topic of entrepreneurship in small business in the minds of young people to the
extent of only one per cent. Field trips, practical oriented teaching, continued internships,
learn by doing along with work shops and seminars are the better alternatives to create better
professional to do business ventures.Incubators have also to be
set up exclusively to promote entrepreneurship in small business.
You are right.Most teachers do not admit to the truth in the first sentence, sections of which I
have highlighted. Not everything can be taught: entrepreneurship is one of them.
Awareness aboutentrepreneurshipcan be built up only by other entrepreneurs. Teachers cannot do
this, because they will offer the big picture issues (e.g. 'entrepreneurshipcreatesemployment'),
read from the book, or offer PPTs. Without the insights
and gutfeel of the entrepreneur, teachers will not elicit much respect from listeners, whether
students, others adults, or otherwise.
Central to entrepreneurship is skills(to create cash from sale, i.e. business), ceterus
paribusapplying to issues such as government support and innovation. Repeated action converts
ability into skills. Ability can be acquired from action experiences such as laboratories and
factories, not from seminars (which are too slow for entrepreneurial thinking).
My sincere apologies for this micro-perspective: I have been an entrepreneur for nearly two
decades, with success seen only in the last decade.
Best wishes.--------------------------------------------------------The great aim of education
is not knowledge but action. ~ Herbert Spencer
Dr Vinod DumblekarMANTISManagement Simulation Gamesdesign | development | deliveryPh :
+91.9818631280www.mantis.co.in
----- Forwarded Message ----- From: M.V.K. Srinivasa Rao
To: join_mtc@googlegroups.com Sent: Wednesday, 6 August 2014 3:33 AM
Subject: Re: [MTC Global] Do you believe the modified version of Pareto's principle holds?
The percent of success not just only one. it might be more than that. However, The result in
MSME's sector in India is not encouraging. IF Dr. Subrata is correct, except that 1% , Rest of
them(99%) along with all other unemployed must be employed some where to get their lively hood
but it was not happened. Thus most of people in India, directly or indirectly are getting lively
hood though unorganized MSME's in India after agriculture.
The main problem in India is govt attitude/definition towards MSME's needs to be changed. It
must include unorganized sector also.As far as academic programmes on this aspect is concerned,
we can only teach and create awareness on the topic of entrepreneurship in small business in the
minds of young people to the extent of only one per cent. Field trips, practical oriented
teaching, continued internships, learn by doing along with work shops and seminars are the
better alternatives to create better professional to do business ventures.Incubators have also
to be set up exclusively to promote entrepreneurship in small business.
Prof. Dr. M.V.K. Sreenuvasa RaoPrincipal, GITMS, Visakhapatnam.On Wed, Aug 6, 2014 at 12:54 PM,
Virendra Goel
If Mr. Vemuganti would recall, we had once started a drive to compile few stories of corporate
and/or industrial failure and I had shared my own story but there was no further response.
RegardsVirendra Goel
From: join_mtc@googlegroups.com [mailto:join_mtc@googlegroups.com] On Behalf Of Ramesh Vemuganti
Sent: Tuesday, August 05, 2014 7:00 PMTo: join_mtcSubject: Re: [MTC Global] Do you believe the
modified version of Pareto's principle holds?
99% of entrepreneurial ventures are not failures. Absolutely not.
Around 5% are successful,5% are doing very well; 8 to 10% are doing well, 15 to 20 % are able to
survive & carry on.
If 99% are failures, around 1 crore Indians will remain unemployed & India
would become another Argentina or Greece sometime ago. It is around 60% of ventures which are
failures.
Yes - Why they do fail? Can we stop this? What are the remedies ??Not theoritical, what we teach
to students of Entrepreneurship in PGDM/ MBA;
but from the practical angle. If a person who started an enterprise has not taken off, where did
he falter?
He must share - from horse"s mouth??regards
Ramesh Vemuganti
On Tue, Aug 5, 2014 at 3:28 PM, Dr.Subrata Chattopadhyay
wrote:
Dear Prof. Datta, With yourkind permission just thought to think
aloud with the group. Would be
grateful if the learned members throw some light upon it.:
99 % of the entrepreneurial journeys are failures; 1% succeeds........it needs to be scaled up
to 20% for gaining industrybalance....So that 80% of the people can work in 20% of the
ventures....a modified version of Pareto's principle that I thought of
--Warm Regards,Dr. Subrata ChattopadhyayM.Sc Physics(C.U),PGDCA,MBA,PhD- Management Studies
(ISM,Dhanbad),Certified Management Teacher-MTC Global
Associate Professor & Head-Corporate Relations, Future Institute OfEngineering and
Management,Team Future, www.teamfuture.in
Mob: 09836107275/09830632572Dir:033-24348230Fax:033-24345641--MTC GLOBAL- Educate, Empower,
Elevate
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Prof. Bholanath DuttaFounder, President & ConvenerMTC Global I www.mtcglobal.org
www.mtcglobalaward.org I www.knowledgecafe.org
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Regards,
Dr. P H Waghodekar, PhD (Egg), IIT,KGP, IE&M, 1985,
Advisor (HR), IBS & PME (PG)
Marathwada Institute of Technology,
Aurangabad: 431028 (Maharashtra) INDIA.
(O) 02402375113 (M) 7276661925
E-Mail: waghodekar@rediffmail.com
Website: www.mit.asia
Engineering & Management Education: An Engine of Prosperity.
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