This is a piece I wrote for my colllege magazine, for which they didn't have coloumn space..thank God to blogsSo what do we do, after college…the most important question we all ruminate over. To make it easier for you, I’ll give you the two scenario choices. Lets then decide if we still keep the million.
Scenario 1: You are the CEO of one of India’s top (read world’s top) Software Goliaths (a la Infosys, Wipro), which employs the world’s best IT coolies (the white-collared variety) in the world. To put things into perspective on just how it’ll be let me give you a contemporary example…the red collared professionals from our neighboring states who are brought here into Kerala to dig trenches for the cables to be laid (just as we are outsourcing the ‘digging’ jobs to our neighbours due to the cost advantage and because we are worthless slobs, the west is outsourcing the ‘coding’ job for our IT coolies). You will be heading such a great company. And then the perks…a big limousine, a fat pay packet, a sexy bombshell as your wife, free health insurance, a secure and safe life with a holiday to Las Vegas every summer…yup business class. Plus a pot belly worth envy, high blood pressure and cholesterol, diabetes everything courtesy of your superb ’n’ sedentary workstyleàAC office and leisurely seats where you sit all day and enjoy coding. The requirement is an 80 plus percentage plus a few degrees like MBA, Mtech, MS, and PhD to the side of your name. So the toppers out there watch out.
OK that was great…so what’s the next scenario?
Scenario 2: You own your own firm (could be a David or even a Goliath), just like the guy who sells peanuts round the corner, call it CEO, CTO, CFO, MD or Managing Worker (as in Sahara group)…. what the heck…its your firm! I think the Oxford Dictionary calls it ‘THE ENTREPRENEUR’. It might be anything from Rs 100 per day to the 100 billion bucks wage you might take home. Ya you get your own vehicle, but it might be anything from a 1970s ‘hamara Bajaj’ (Narayana Murthy used to ride one when he started Infosys) to the 303 Boeing (that’s a jumbo jet u dumb fool, which the Ambanis use now). You could live in the posh ’n’ sprawling penthouse in Switzerland or even the not so posh yet sprawling state penitentiary, the ‘Tihar Jail’ (try getting a room next door the ex-proprietor and founder of Home Trade, he stays there after he went bust last year or try getting a room used by good old Harshad Mehta). And then when it comes to women these guys have an edge…remember there is a women behind every successful man, but there are several behind a successful millionaire one. Remember Juhi Chawla married the industrialist Jai Mehta and Tina Munim the Mr Richie Rich Anil Ambani…its always the richest guy who gets to keep the sexiest damsel…err I mean damsels. The best part of the job is the qualification you need…most of the most famous entrepreneurs were college and school dropouts (he..he..I know the ones with truckloads of ‘back-papers’ are obviously interested now). Bill Gates (founder of Microsoft) was a Harvard dropout, Michael Dell (founder of Dell PCs) was a school dropout and Jerry Yang (founder of Yet Another Hierarchical Officious OracleàYAHOO.com) was a PhD dropout. AND…you get to boss over your employees, your old college mates who unfortunately got 80% plus.
OK now that the few among you have finally decided to go the second path, here is how to reach your jackpot of a million dollar valued company.
For the would be entrepreneur the toughest qualification required is the belief in his dreams…the will to follow the dreams whatever may come. You should be able to steer your ship against the winds, even when your peers decide to go in the other direction. Remember Robert Frost;
“Two roads diverged in a wood, and I,
I took the one less traveled by,
And that made all the difference”.
Even when all your friends are enjoying a good employed secure life, the urge to differ, to be different should help you stay afloat through the lean and even hungry days. Even failure shouldn’t worry such a brave soul. I am reminded of the old Urdu saying from some damn movie
“Girtha hein shay savar hi, maydan-e-jung mein, o woh kya gireega jo khutnon ka bal chalaa”- Only brave warriors fall from their horses in their battle, how can kneeling cowards know what that fall is.
So for those brave and nutty souls who decided not to call it quits yet (however small that number is), here is the roadmap to your goal:
1. Get a wacky idea- This is the core thing around which you’ll be able to build your future empire. For Sabeer Bhatia it was the idea of a free, web based email provider that helped him build the worlds largest email provider, Hotmail.com
2. See if this wacky idea meets a need- Now go out there and find out how your idea solves a problem or satisfies a particular need. What is your future market, who is your future customer, what would he pay you for the product/service etc. In ‘nerd’ jargon it’s called a Market Research. It includes things like cash-flow analysis, marketing plan, advertising plan, break-even analysis etc. Sucks does it…well there is truckloads on the Internet on how to prepare a market research report and you can even entrust an agency for a small fee.
3. Get someone to pay for starting your company- You obviously need money to start the company, to kick start it and obviously your dad isn’t foolish enough to spend that kinnda money for you. Hence you find another fool to invest the money. They are called the Venture Capitalists (VCs) in tech slang. After the dotcom bust, these guys are flush with funds and are on the lookout. You need to prepare a detailed report of your idea (lets call it the business plan) and sometimes do a presentation in front of these Venture Capitalists. If you are able to pitch your idea well, they decide to invest the money in your company and receive a certain share of the company in return.
4. Wait for the next bull run - By the next bull run on the stock market if you are able to make the idea click, behold lies your dream; the big company you dreamed off. Go for an IPO, you sell shares of your company to the public for truckloads of money and behold stands the biggest billionaire you dreamed to be.
5. Get the sexy beaus- This doesn’t warrant any steps to be taken, for a billionaire gets swarmed by these bombshells. Ask ‘Hot Male’ Sabeer Bhatia if you like…heard he was swarmed by the likes of Sushmita Sen.
So that’s it…. to the crazy and brave dudes out there, the world is waiting for you, Go And Conqueror.
“There is no chance, no fate, no destiny that can circumvent, or hinder, or control a firm resolve of a determined soul”.