Tuesday 30 October 2012

IQGains Members in Making a Significant Step in the Right Direction

Unimaginable is the quality of the discussion and enthusiastic participation of all the 20+ invitees including stalwarts and young entrepreneurs. Special thanks to all. its a very bright achievement of all Our IQGains member in making a significant step in the right direction The List of participants:Dr. Rajesh Jain, Sumit Nagpal, C K Arora, Ashish Bhagwat, Rajeev Dua, Reminder Singh Sahora, Deepak Goel, Kirti Khosla, Ridhima, Raghu Khanna, Rajesh Chadha, Nitin agarwal, Vijay Rai, Vivek Dwivedi, Sumit, Avdhesh Goel, Ramanujan, Rajesh Kumar Singh, Vinod Chowdhary, Jaspreet Singh and Chetna Sharma.

A Significant Step in the Right Direction from IQGains The Elite Club

“Unique and Noble” is the core description about the meet of IQ Gains- The Elite Club at Hotel – The Ashoka, Shraman – Authentic Fine Dine on 27^th October 2012. Why is it so special? It is very special in many ways because of the in depth discussions, concrete conclusions, participation from all and most importantly the class of participants especially the ‘who-is-who’ of entrepreneurship world.

It was organized under the able Leadership of Shri. Avdhesh Goel (FCA, CS, CWA) Joint Managing Director of Earth Infrastructures Limited and the Founder Patron of IQ Gains – The Elite Club. In sharing his vision, he said “Let’s build IQ Gains- The Elite Club in a way that every members gets benefited by reaching to the next level of his /her career.”

Shri Vijay Rai, President & CEO Power Con showered sparkling thoughts on How IQ Gains can work on 3 ideas of sustainability, economy and entrepreneurship.

Dr. Rajeev Dua, B.Tech (IIT – Delhi) presented on how important optimization is in civil construction and other businesses too.

Dr. Rakesh Jain, Pediatric Neurologist who has returned from oxford, U.K impressive emphasized on ‘IQ Gains operating as a *Help Line* where any member can avail timely help as is the example of JITO (Jain International Trade Organization).

Prof. C K Arora, Certified NLP Trainer, Consultant at March Infotech had propounded on the importance of CSR activities in taking IQ Gains to a greater height.

Dr. Raminder Singh Sahota , a retired Legal Professional with 2 decades in RBI shared his rich experience on IQ Gains being a platform for creating opportunities for all members.

Eminent Journalist, Shri Sumit Nagpal, explained the role of PR in making IQ Gains a big brand.

Young entrepreneurs too have contributed their best in sharing their novel idea of the speedy progress of IQ Gains.

Deepak Goel, Chairman iMet & BFG Corporation, has emphasized the point to increase the membership base to 25000 members by mid of 2013 and at least 1000 members in Delhi Chapter of IQ Gains.

Raghu Khanna, CEO – Cashurdrive, highlighted the role of context in the website and face book of IQ Gains to drive people automatically to our IQ Gains.

Ashish Bhagwat, drove the focus of all to the strategic element of co-ordinating membership drive social activities.

Many other young entrepreneurs – Kirti Khosla, Vivek Dwivedi, Sumit, Nitin Aggarwal & many others made the event very lively with their enthusiastic participation. There is a representation of women with Ridhima of iMet and Chetna Sharma of EIL.

All the 25 participants have expressed their complete satisfaction and wished to organize such events every month on a selected topic which shall be of great value to ones knowledge enrichment.

The participants have expressed their interest to volunteer their services and time for different committees to be formed for conducting IQ Gains activities. The committees decided to be formed are 1. Membership Drive Council, 2. Investment Evaluation Council, 3. Editorial Council, 4 . PR Council, 5. Intellectual Council, 6. Co-ordination Council.

Members are requested to express their interest.

Regards,

V R Ramanujan

Contact Number - +91-926-663-7107 | vrramanujan@gmail.com

B100, 2nd Floor, Naraina Industrial Area, Phase -2, New Delhi -110035

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Tuesday 23 October 2012

Dreams For A Year Full Of Smiles! Wish You Happy Dussehra 2012

Wednesday 17 October 2012

Wish you all very Happy Navratri

Wish you happy Navratri and Dussehra may Maa Durga bless all

Wednesday 10 October 2012

Characteristics of An Entrepreneur | Entrepreneurship Education

Entrepreneurs have many of the same character traits as leaders, similar to the early great man theories of leadership; however trait-based theories of entrepreneurship are increasingly being called into question. Entrepreneurs are often contrasted with managers and administrators who are said to be more methodical and less prone to risk-taking.

Such person-centric models of Entrepreneurship have shown to be of questionable validity, not least as many real-life entrepreneurs operate in teams rather than as single individuals. Still, a vast literature studying the entrepreneurial personality found that certain traits seem to be associated with entrepreneurs:

Entrepreneurship education seeks to provide students with the knowledge, skills and motivation to encourage entrepreneurial success in a variety of settings. Variations of entrepreneurship education are offered at all levels of schooling from primary or secondary schools through graduate university programs.

Entrepreneurship can provide new economic divisions and make good students for the world. So we must learn "How to be a good Entrepreneur"

Entrepreneurship education distinctive is its focus on realization of opportunity, where management education is focused on the best way to operate existing hierarchies. Both approaches share an interest in achieving "profit" in some form (which in non-profit organizations or government can take the form of increased services or decreased cost or increased responsiveness to the customer / citizen / client).

Entrepreneurship education can be oriented towards different ways of realizing opportunities:

The most popular one is regular entrepreneurship: opening a new organization (e.g. starting a new business).
Another approach is to promote innovation or introduce new products or services or markets in existing firms. This approach is called corporate entrepreneurship or Entrepreneurship, and was made popular by author Gifford Pinch in his book of the same name.
Newer research indicates that clustering is now a driving factor. Clustering occurs when a group of employees breaks off from the parent company to found a new company but continues to do business with the parent. Silicon Valley is one such cluster, grown very large.
A recent approach involves creating charitable organizations (or portions of existing charities) which are designed to be self-supporting in addition to doing their good works. This is usually called social entrepreneurship or social venturing.

Even a version of public sector entrepreneurship has come into being in governments, with an increased focus on innovation and customer service.

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Entrepreneurship is the Act of Being an Entrepreneur

Entrepreneurship is the act of being an entrepreneur or "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods". This may result in new organizations or may be part of revitalizing mature organizations in response to a perceived opportunity. The most obvious form of entrepreneurship is that of starting new businesses (Referred as Startup Company); however, in recent years, the term has been extended to include social and political forms of entrepreneurial activity. When entrepreneurship is describing activities within a firm or large organization it is referred to as Intra-Preneurship and may include corporate venturing, when large entities spin-off organizations.

Entrepreneurial activities are substantially different depending on the type of organization and creativity involved. Entrepreneurship ranges in scale from solo projects (even involving the entrepreneur only part-time) to major undertakings creating many job opportunities. Many "high value" entrepreneurial ventures seek venture capital or angel funding (seed money) in order to raise capital to build the business. Angel investors generally seek annualized returns of 20-30% and more, as well as extensive involvement in the business.

Given entrepreneurship's potential to support economic growth, it is the policy goal of many governments to develop a culture of entrepreneurial thinking. This can be done in a number of ways: by integrating entrepreneurship into education systems, legislating to encourage risk-taking, and national campaigns.

It has assumed super importance for accelerating economic growth both in developed and developing countries. It promotes capital formation and creates wealth in country. It is hope and dreams of millions of individuals around the world. It reduces unemployment and poverty and it is a pathway to prosper. Entrepreneurship is the process of exploring the opportunities in the market place and arranging resources required to exploit these opportunities for long term gain.
It is the process of planning, organizing opportunities and assuming. Thus it is a risk of business enterprise. It may be distinguished as an ability to take risk independently to make utmost earnings in the market. It is a creative and innovative skill and adapting response to environment.
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