A session on entrepreneurship was organized for the students of NIT Trichy on 17th Sep 2012. Mr. K Ganapathy Subramanian, an alumnus of NIT Trichy, who is also the founder member of StegaCapital addressed the highly participative students. StegaCapital is a firm that provides consultancy services to budding entrepreneurs and its founder was the ideal person for the occasion.
He started with some frightening facts quoting that “95 % of the startups fail and the first 3 years of any business is a valley of death”. He later went on to explain the mantras of how to form a team, from where to get the funding for one’s venture, regarding venture capitalists and about the evaluation criteria for funding a project.
The presentation dealt with the inside out of all the business hustles and bustles. Besides answering to the questions that were shot at him, he also discussed about how to secure one’s idea and the ways to check the feasibility of one’s business plan.
The enlightening session ended up with Mr. Ganapathy encouraging the students to venture into entrepreneurship and find their own footholds in several sectors.