E-Summit'22 concluded with a BANG!
E-Cell IIT BHU's Weekly Newsletter
We have been doing this for quite a while now. It must have occurred to you what really is the use of the information provided in these newsletters 🤔.
Well, there are many uses but a particular one is to better your understanding of entrepreneurship and leverage the knowledge to win ✌️events in entrepreneurial extravaganzas 🎆🎆 such as E-Summit’22.
Dive in to know more.
A 9-day, Entrepreneurial Festival of IIT BHU concluded with 9k+ students being a part of it✨
Starting from the 1st day to the end, the roller coaster ride of entrepreneurship was an extravaganza to relish and remember.
So let’s see what all we had in store📜
The Summit kicked off with an inauguration ceremony which was followed by multiple competitions, workshops, panel discussions, masterclass sessions, and talks from eminent industry leaders and business experts.
This year’s E-Summit encompassed various vibrant sessions including Shark Tank IIT BHU, Entrevia, Ideoscope, XPanse, CasEx, DogeKing, DAPT-B Plan Competition, Blog-A-Thon, Mark-e-Meme, and Tesseract and many more.
Along with all the competitions, this edition of E-Summit was also graced by the likes of Amit Somani (Managing Partner, Prime Ventures), Gaurav Agarwal (Founder, TATA 1mg), Garv Malik (Chief Meme Officer, Slice), HS Grover (Author, Let’s build a Company), Ravi Bhushan (Founder, BrightChamps), Vishal Jindal (Co-Founder, Biryani by Kilo), Anurag Sinha (Co-Founder, OneCard), Saurabh Lahoti (Managing Partner, Pentathlon VC), Dr. Radhakrishnan Pillai (Author, Chanakya Niti), just to name a few.
Minimum Viable Product
The world is complex, isn't it 🤔?....the ideas that seem efficient on paper may or may not be as efficient in real life. To deal with such inconsistencies, entrepreneurs resort to releasing an MVP.
A Minimum Viable Product or an MVP is a version of your product with enough features to be usable by early customers 🙎♂️🙎♂️, who then provide their feedback which is used for further development of their product.
Releasing an MVP is preferable as it helps in iteratively ➿improving the product in accordance with the consumer demand. It also helps the entrepreneurs in validating their business idea.
There are hundreds of new startups launching every day, but do you know about the categories to which those startups belong!? We should filter and find out, right! So, here we’re to save you the trouble.
Let’s do a word search and find out some main categories of trending startups…
Previous newsletter answers :
Dukaan 2. Edesign 3. Byju 4. Swiggy
5. Licious 6. BigBasket 7. Scoopbeats 8. MonkE
The Road Less Stupid…
“It is not supposed to be easy. Anyone who finds it easy is stupid.”
—Charlie Munger, Vice Chairman of Berkshire Hathaway
Here in this book, The Road Less Stupid: Advice from the Chairman of the Board, the author argues that in order to be successful in Business and Life, one need not do more smart things. Instead, do fewer stupid things.
The Road Less Stupid – the road of more critical thinking and fewer mistakes will enable anyone, to run their business more effectively. It all hinges on Thinking Time.
The vast majority of dumb tax in both our lives is a direct result of three things:
1. Generalizations (which kill clarity),
2. Obsessing about Oz (instead of the yellow brick road) and
3. Faulty assumptions (ignoring risk).
Here it is on a bumper sticker: Operators react and sweat. Owners think and plan.
Let’s give it a read!!
“I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not trying.” —Jeff Bezos, Amazon founder and CEO
By now you must have discovered the schedule 🗓️ of E-Summit’22.
Sincerely hoping to see you at our events.