Tie Mentor july 2014

Newsletter of TiE Punjab & Chandigarh

JULY 2014

TiE Global TiEcon Lahore 2014 December 20, 2014 Pearl Continental Hotel - Lahore TiE Lahore is delighted to announce TiECON Lahore 2014 with the theme of ‘Accelerating Entrepreneurial Growth’ - a regional conference to enable Pakistani entrepreneurs to qualify their potential in key Asian centres, connect with TiE Chapters and get support to enter burgeoning markets.

THE BEST WAY TO PREDICT THE FUTURE IS TO

CREATE IT PETER DRUCKER

TiE Punjab & Chandigarh C/o Access Infotech SCO 64-65, 4th Floor, Sector 34-A Chandigarh 160 022 . India E: info@tiechandigarh.org Associate Directors Mr. Ekant Aggarwal M: +91 99889 00334 E: ekant@tiechandigarh.org Ms. Harpreet Minhas M: +91 99880 05124 E: harpreet@tiechandigarh.org Secretariat Timings MONDAY - FRIDAY 9:30 am- 5:30 pm TiE Global 2903 Bunker Hill ln Suite 150 Santa Clara, CA 95054 www.tie.org

From the Desk of the President Let’s all work together to ride this new wave of opportunities.

W

e are all proud of being a part of a leading organization of entrepreneurs worldwide. In the initial years I always had difficulty in explaining what we really do at TIE. Today, being part of this journey of fostering entrepreneurship for several years, the FIVE objectives have become clear - Mentoring, Networking, Educating, Incubating and Funding.

I have just returned after attending the global retreat at Tenerife, Spain which would remain a memorable experience for both me and my wife. Meeting Indian families on the flight to this remote island in Atlantic ocean was the first real energy booster.

The crisp and efficient hospitality desk of TIE welcomed us at our arrival at Abama resorts. Spanish dances with laser shows over dinner, thought provoking business sessions, the Awards gala night, inspiring keynote speakers, all gave a special meaning to our visit. Being a part of the annual Global retreat, one gets the taste of the power of networking that TIE brings to its members. Each member’s contributing spirit is further enthused in the company of successful entrepreneurs from all over the world.

Imagine a day full of story sharing amongst business leaders from Israel, Greece, Hong Kong, Kerala, Boston; describing their respective journeys. The Global retreat gives an incredible opportunity to the members to foster life-long friendships, besides nurturing business relationships. One truly feels inspired to further contribute to the TiE family.

I am very pleased to share with you that the recently announced union budget of our country includes several initiatives to support the framework of start-up entrepreneurship. Let’s all work together to ride this new wave of opportunities. I look forward to the continued participation and enthusiasm of our members from TIE Chandigarh Family.

Partap Aggarwal

TiE Annual Member Retreat

Impressions on Kasauli Retreat

TiE talks ‘agility’ at Kasauli

Manish Trehan, Charter Member, TIE Punjab & Chandigarh: “No doubt, a very enjoyable weekend. It was an absolute delight to spend time and connect with everyone. Besides the discussion sessions, found the kids' solo dances superb...stole everyone's hearts.

Full marks to JB and Harpreet for the flawless organization and, the truly understated manner in which this Retreat was created...everything was taken care-off so well” Jitin Talwar, Charter Member, TIE Punjab & Chandigarh: “Great weekend spent with everyone and stimulating discussions over several rounds of lemon tea” Raman Chadha, Charter Member, TIE Punjab & Chandigarh: “Kudos to Harpreet & JB for organizing the event and all others for making the event a lively session full of fruitful discussions…it was indeed an enjoyable and entertaining time spent with all the friends. Look forward to being a part of more such programs”

I

n May, the TiE Chandigarh drove up the hills to the picturesque Kasauli Resort for their annual Retreat with their families.

The key speakers included IT Advisor and CISO of Government of Haryana Sastry Tumuluri, Hotel Aroma’s CEO Manmohan Singh, Managing Director of Micro Turners and Chairman CII Himachal State Council Anil Sehgal, and Co-founder and CEO of ValeurHR & Taaleem India Jaiprakash Singh Hasrajani.

Partap Aggarwal, President TIE Punjab & Chandigarh enjoyed the flow of the proceedings and commended everyone for their participation. “You guys were simply super,” he remarked.

Members enjoyed the lovely weather with the high tea session, karaoke and DJ with cocktails and a midnight chat was also organized.

Vikram Hans, Charter Member, TIE Punjab & Chandigarh “Wonderful weekend. Great post session discussion on Sunday” Sunil Thakral Charter Member, TIE Punjab & Chandigarh “I think it was well organized event and a great experience to meet you all, let's stay in touch” Komal Talwar, Associate Member, TIE Punjab & Chandigarh “We all had a perfect time at the resort.

It was a great way to meet the members and their families and at the same time have a lot of stimulating discussions.

The speakers were very inspiring and i learnt a lot personally” Sastry Tumuluri Inspirational Speaker at Retreat.

“Great retreat. Thank you” Jaiprakash Singh Hasrajani Inspirational Speaker at Retreat “It was my pleasure to be in company of TiE members. Thanks for having me with you”

TiE Institute invites applications for TiE Social Entrepreneurship Education Program Learn to lead Social Change through Entrepreneurship, TiE Institute Canada is now accepting applications for 2014-15, TiE Social Entrepreneurship Education Program, TiESep starting September 2014 More information can be found on the TiE Institute Information Brochure 2014-15 http://www.tieinstitute.org

Investment Opportunities for IT Entrepreneurs in UK IDS Infotech, IT park in association with Tie Punjab & Chandigarh did a special event for the IT entrepreneurs who are keen to invest in Nottingham UK. The Nottingham City Council's Corporate Director Development, David Bishop and Director Economic Development, Chris Henning along with Hardev Singh, Director, EAS PLC and Board Member, University of Nottingham; Thalej Vashishta, Indian Business Lead Invest in Nottingham Club and Paragon Law with Partap Aggarwal, Managing Director IDS Infotech were present to help the members learn more about trade and Investments in UK. The purpose of this interactive session was to explore and discuss opportunities in setting up, and expanding business network in UK.

Why to be an entrepreneur

TiE Members Mixer

T

IE Punjab and Chandigarh organized a TIE Member Mixer in June 2014 in association with Tata Docomo. This was a quarterly networking opportunity for the members to interact with the governing body members and plan future strategies.

Organised in Hotel Oyster in Sector 17, Harsh Juneja, Vice President and Regional Head of Tata Docomo made presentation on various cost-effective and future-ready solutions for the entrepreneurs.

As many as 60 members of TiE fraternity joined in the event including TiE Punjab & Chandigarh Chapter President Partap Aggarwal, Vice President Ajay Tewari, Finance Chair J B Singh, Secretary Alok Ramsisaria, besides PTU Mohali Campus Incharge Prabhjot Kaur, Managing Director of Master Trust Capital Gurmeet Chawla, and Sastry Tumuluri, CISO of the Government of Haryana.

S

ince the basic objective of TiE is to foster entrepreneurship, TiE Punjab and Chandigarh Chapter organised an hour-long session in furtherance to this objective for the students of Purple Squirrel Institute, Mumbai, who were in Chandigarh for their industrial visit.

The session was conducted in EDC (Entrepreneurial Development Centre) of Chandigarh Administration at Rajiv Gandhi Information Technology Park, Chandigarh.

A panel of four speakers from the industry, who are successful entrepreneurs of this region, interacted with the students and responded to their queries.

The speakers included Munish Jauhar, Gray Cell Technologies Exports, Sandeep Gandotra of Five Senses, Hridesh Madan of Bulls Eye, and Amit Sidana of Corporate Stalwarts.

The speakers shared their success stories and shared tips for transforming ideas into successful enterprises, so as to encourage them to enter the exciting arena of entrepreneurship, and become job givers instead of job seakers.

“God doesn’t require us to succeed.

He only requires that you try.”

Mother Teresa

My Entrepreneurial Expedition

Charter Member Corner

Beon Systems Sunali Aggarwal CEO, Beon Systems, and Co-Founder Mobikwik.com, Charter Member TiE

MEE is an interactive close door discussion that involves a candid conversation with a senior entrepreneur to inspire the participants by exposing them to their expedition of struggles and successes.

25 April 2014

Manmohan Singh shares his journey to leadership in Hospitality Industry

M

an Mohan Singh Kohli is the CEO of the Aroma Group of Hospitality, who started his career in 1970 when he was in Class X and joined his father’s hospitality business as a part-time Manager.

Besides elevating his own family business to new heights he also supplemented with his sustained efforts growth of hospitality industry in the region. It is to his credit that many national and multinational chains both in Food and Accommodation verticals made their entry into Chandigarh. Mr. Kohli sits today as advisor and chairman of various industry bodies and was the Chairman of CII Chandigarh Council during 2013-14.

Recipient of various recognitions and honour for his contribution to society, his mantra of success has been hard work, positive attitude, and to be fair and considerate towards one’s employees who are your basic strength and contribute to the success of any enterprise.

The session was moderated by Munish Jauhar.

27 June 2014

HPS Lamba traces his entrepreneurial struggle to pioneering success in food processing H.P.S. Lamba had a chequered career. A Mechanical Engineering and an MBA, he joined Punjab Power Generation Machines Ltd. a company of Crompton Greaves Ltd. in 1989, and later in 1992 shifted to Mukat Pipes Ltd with his marketing expertise. However, in 1997, entrepreneurial bug, which he says was hereditary from his grandfather, bit him, and he setup his own IT education company.

He saw the opportunity in an innovative concept of filling aerated water in PET bottles, which he pioneered in Northern India, followed by flavoured drinks. He ventured into experimenting with glutten-free bakery products after his daughter was found wheatallergic, and he converted this opportunity into a huge marketing success by developing over 90 products, and his idea got him the recognition from The Economic Times’ ‘The Power of Ideas’ contest.

Innovation and never-say-die attitude has made him survive and succeed in the hard-core manufacturing business, he says.

www.beonsystems.com

B

eon Systems is a full service User Experience Design Company. Before setting up Beon Systems in 2012, Sunali was working as consultant with a lot of companies. Beon Systems specialises in creating high end user experiences for online and mobile products. They believe in User Centric Design, design which is easy, intuitive, engaging and useful for the users.

Their ADD Process of Analysis , Design and Delivery helps companies and entrepreneurs realise their product vision. The end result could be a website, ecommerce portal, mobile application, Saas offering or any other digital solution.

Sunali is a Post Graduate from National Institute of Design Ahmedabad. She also holds a Diploma in Film Making from New York Film Academy. In 2011 she did her General Management Program from IIMA. She enjoys being a full time entrepreneur and her passion is to help other entrepreneurs realise their dreams.

"I started working as a consultant for User Interface Design (UID) in 2005 when nobody knew or talked about it. UID was not considered a specialized or an independent domain. Wherever I went, I spent a considerable time in teaching the clients about the relevance and importance of a good UI. It was a hard sell but eventually it all worked out. Now, companies and entrepreneurs are definitely more informed and they know what to ask for when they come to us”, she says.

“We work with a lot of product companies where they are striving to simplify their online processes, and though they look for simplification than beautification, but we combine the functionality and visual appeal as our core service,” she adds.

Beon Systems works with many startups. Sunali feels that most of the startups start with numerous elements whereas we suggest them to focus on just four or five critical ones in order to validate the idea in the market place. "Less is More is the Mantra we follow and preach," she says.

Beon is growing at 50% every year but in this financial year intends to have 100% growth. Starting with three people in its team, it is 12 and by the end of current year, shall be 25. “We invite entrepreneurs to discuss their ideas with us and experience how we ADD value,” says Sunali.

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Editorial & Design by CorePR on behalf of The Indus Entrepreneurs (TiE) Chandigarh-Punjab Chapter