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129 pages

English

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Have you wondered what goes on in the heads of entrepreneurs? What makes them tick? The New Age Entrepreneurs provides a peek into the lives of thirty successful entrepreneurs-including N.R. Panicker of Accel Ltd, Ramachandra Galla of Amaron, and M. Murali of Sri Krishna Sweets-who established flourishing businesses borne out of innovative ideas. These trailblazers delved into diverse industries, ranging from information technology to luxury hotels and Indian sweets. With snappy, insightful, and motivating tales-interspersed with interviews and vivid profiles-The New Age Entrepreneurs is a collection of vignettes of men who made their own rules and set standards for the rest of the industry to follow.

Sujets

Employabilité, métiers et formations

Entrepreneurship

Informations

Publié par	Random House Publishers India Pvt. Ltd.
Date de parution	17 mai 2012
Nombre de lectures	0
EAN13	9788184001204
Langue	English

Informations légales : prix de location à la page 0,0420€. Cette information est donnée uniquement à titre indicatif conformément à la législation en vigueur.

Extrait

RANDOM HOUSE INDIA
Published by Random House India in 2012
Copyright HT Media Limited 2012
Random House Publishers India Private Limited Windsor IT Park, 7th Floor, Tower-B, A-1, Sector-125, Noida-201301, U.P.
Random House Group Limited 20 Vauxhall Bridge Road London SW1V 2SA United Kingdom
This eBook is copyright material and must not be copied, reproduced, transferred, distributed, leased, licensed or publicly performed or used in any way except as specifically permitted in writing by the publishers, as allowed under the terms and conditions under which it was purchased or as strictly permitted by applicable copyright law. Any unauthorised distribution or use of this text may be a direct infringement of the author s and publisher s rights and those responsible may be liable in law accordingly.
EPUB ISBN 9788184001204
CONTENTS
Foreword
Preface
Introduction
1. Accel Frontline Pvt. Ltd
2. Amara Raja Batteries Ltd
3. AppLabs Technologies Pvt. Ltd
4. Bharat Biotech International Ltd
5. Consim Info Pvt. Ltd
6. CGH Earth Group of Hotels
7. DQ Entertainment International Ltd
8. Eka Software Solutions Pvt. Ltd
9. Greenko Group Plc
10. Johnson Lifts
11. Manappuram Group
12. MedPlus Health Services Pvt. Ltd
13. Mu Sigma
14. Neuland Laboratories Ltd
15. NextWealth Entrepreneurs Pvt. Ltd
16. Opto Circuits (India) Ltd
17. Pure Chemicals Co
18. Ramraj Cotton
19. Sri Krishna Sweets
20. Stovekraft Pvt. Ltd
21. Suguna Poultry
22. TD Power Systems Ltd
23. Tejas Networks Ltd
24. Tirumala Milk Products (P) Ltd
25. Trivitron Group of Companies
26. TVS Logistics Services Ltd
27. Updater Services Ltd
28. Vasan Healthcare Pvt. Ltd
29. VA Tech Wabag Ltd
30. Via
FOREWORD
The New Age Entrepreneurs is the first book in the Mint Business series, published as a result of a unique partnership between Mint and Random House India. Every year, Mint and Random House India will collaborate to bring you business books spanning behind-the-news stories, business insights, economic and business history, or, simply stories of businessmen and businesses.
The New Age Entrepreneurs is also the result of a collaboration between the southern region office of the Confederation of Indian Industry, catalyzed by Sequoia Capital.
The four southern states aren t recognized for the hotbeds of entrepreneurship that they are. Over the years, entrepreneurs from these states-with the possible exception of software stars from Karnataka and infrastructure czars from Andhra Pradesh-have acquired the reputation for being conservative, unimaginative, and risk-averse.
Nothing could be farther than the truth.
From sweetmeats to software, entrepreneurs from the southern part of the country have launched new companies with significant success. Some of the businesses are old, yet, the very fact that million-dollar businesses can be built from such things as traditional South Indian sweets or poultry farming is unusual enough to merit their inclusion in this book.
The entrepreneurs were selected from a shortlist of a few hundred that was vetted by audit firm Grant Thornton by a panel comprising Ashwin Mahalingam, assistant professor, Indian Institute of Technology, Madras; C.K. Ranganathan, Chairman and Managing Director, CavinKare Pvt. Ltd; R. Ramraj, Senior Advisor, Sequoia Capital India Advisors Pvt. Ltd; Raja Ganapathy, Vice-President, Marketing, Sequoia; Mahadevan Narayanamoni, Partner-Corporate Finance And Office Practice Leader-Hyderabad, Grant Thornton; Sridhar Venkatachari, Partner-Transaction Advisory Services And Office Practice Leader-Chennai, Grant Thornton; and R. Sukumar, Editor, Mint. The panel was assisted by Mary Stella, Director, Confederation of Indian Industry; and Akhila Ramesh, Deputy Director, Confederation of Indian Industry.
SUKUMAR RANGANATHAN Editor, Mint
PREFACE
This is the fourth year in a row where CII has brought out a book on the general theme of innovation and entrepreneurship. When we started three years ago, our intentions were two-fold. First, we wanted to showcase entrepreneurial activity in Tamil Nadu to attract investors, incubators, and entrepreneurs to the state to strengthen the entrepreneurial eco-system. Second, we wanted to inspire prospective entrepreneurs by showcasing compelling stories of successful entrepreneurs. We brought out our first publication Star Trek with stories of 101 entrepreneurs.
The following year, we decided to focus on the innovations that fuel entrepreneurship. Entrepreneurship and innovation, though used synonymously, are widely different. Not all innovators who become entrepreneurs innovate radically. The process of innovation is, therefore, as worthy of mention as that of entrepreneurship. Furthermore, while mainstream innovators and inventions are often widely publicized, there are several innovators with wide and far-reaching social impact that emanate from rural areas, academic environments and small and medium industries that often pass by, unheard of. We decided to showcase 25 such innovations through our next publication Breakthrough . Once again we intended to inspire innovators with this book.
For ages, a debate has raged on about whether entrepreneurship can be taught. Though one school of thought holds that entrepreneurship can be broken down into discrete principles that can be inculcated into curriculum, others opine that entrepreneurship is based on an urge that can often not be articulated, let alone taught. In truth, we believe that the answer lies somewhere in between. It is not Nature or Nurture. Successful entrepreneurs might well have seeds of creativity embedded in their DNA, but can also be guided on their path towards success. In short, successful entrepreneurs are not people who do different things but also who do things differently to carve out a niche for themselves.
With this objective, last year we brought out the CII - Entrepreneurs Handbook . A book, which attempted to be a reference that entrepreneurs can use. It is not and does not purport to be a comprehensive guide on how to become a successful entrepreneur. Each issue was taken up in this handbook to be dealt with in considerably greater detail by the experts and stalwarts with a belief that potential entrepreneur could enhance their livelihood of success by familiarizing themselves with the content of this book, and the lifecycle of an entrepreneurial venture.
One step further, this year, CII SR Taskforce on Entrepreneurship and Innovation is bringing out a book on success formulae of entrepreneurship in collaboration with Mint portraying the success stories of entrepreneurs from the southern states who have created a niche for themselves both in terms of innovation and a proven track record. I am sure this book will be the Bible for the budding entrepreneur who can learn a lot from their role models.
C.K. RANGANATHAN Chairman, CII SR Taskforce on Entrepreneurship Innovation and CMD, Cavin Kare Pvt. Ltd
INTRODUCTION
The success gene: Does it exist?
As you read through this fabulous book, you are bound to be amazed at the diversity and variety of entrepreneurs covered here. Entrepreneurs who are diverse not merely because of the different sectors they represent but also because of the different paths they have chosen to success. For me, what stands out is the effort to distil the secret sauce behind each success story into a compelling insight that informs as much as it provokes thought.
In these couple of pages, I would like to focus the spotlight on a topic that has intrigued me a lot in my journey with entrepreneurs. What s common to successful entrepreneurs? Does an entrepreneur DNA exist? Is there a code that typifies the attitude and behaviour of path breaking entrepreneurs that, selfishly, would help us identify the next set of market leaders? At Sequoia Capital, we are privileged to have been early investors in more than 50 companies in India-some of which feature in this book-that today gives us a rich source of material to look for answers.
Single-minded focus and passion
Successful entrepreneurs bring a burning focus and passion to the business they are building. We notice that they rarely have personal interests and hobbies because they spend all their time, outside of family time, thinking and building their businesses. When entrepreneurs start having distractions, especially in the form of serious personal or business interests outside their main business, it is usually a red-flag for us. It is easy to dismiss these driven individuals as quirky because they may not be as well-rounded as the ideal VP Business Development we meet in large corporates; but this single-minded focus leads entrepreneurs to build great companies.
Tenacity
All young companies face challenges. Many of them reach dead ends multiple times in their journey. We rarely see a company with a bar graph that does not depict this journey. The best entrepreneurs we know refuse to give up-they climb dead-end walls, create options out of nowhere, and find sources of succour for their companies to tide them through the bad times. It is important to highlight that this tenacity is best accompanied by the choice of the right market to demonstrate it in because there is not much value to be created when you operate in small or unprofitable markets.
Customer service is not just a department
This now-famous quote is from our well-known US portfolio com-pany Zappos that was recently acquired by Amazon.com . Successful entrepreneurs bring a maniacal focus on the end-customer to their companies. Be it a B2B or a B2C business, this focus on the end-customer frequently helps separate winners from the alsorans, even in categories with seemingly low product differentiation.
Attracting and empowering talent
It cannot be a coincidence that the best entrepreneurs also attract the best management talent. These entrepreneurs learn very early that they cannot do