News
India
Kolkata start-up aspirants get a leg up from mentors
15 Jul 2016, 10:51 am
Kolkata, July 15 (NITN): The newly formed Kolkata Ventures and the US Department of Commerce organised a programme called Be UR Own Boss: Starting With ZERO Money, recently in Kolkata, where entrepreneurs from diverse fields -- software to journalism -- shared their journeys of braving all odds to be on their own.
It was a dream meet for those in the audience who want to be their own boss but may not have the wherewithal to begin a venture.
It is often seen that funding is the main problem faced by most start-up entrepreneurs.
.jpg)
"You don't need money to start. All you need is a problem that many people care about to pay to solve," pointed out Chicago-based Avelo Roy, the architect of Kolkata Ventures, who covered a wide range of topics that often flummoxes most start-up venture aspirants.
Kolkata Ventures has been formed by Roy, who hails from the city, to promote entrepreneurship in Eastern India
According to Roy, Co-founder and CEO of Kiuqi, LLC (Chicago) and a Guest Lecturer at his alma mater Illinois Institute of Technology (Chicago) , a start-up entrepreneur must first create a solution by translating the market demand to product design.
"Leverage your solution to find the resources you are looking for," said Roy. "Build a Minimum Viable Product using Lean Startup Methodology."
He also said that aspirants must be able to distinguish between product business and service business.
.jpg)
Roy, who has been featured in some of the top US media, also emphasized that getting a mentor often helps aspirants to save time and resources.
Roy, who has been featured in some of the top US media, also emphasized that getting a mentor often helps aspirants to save time and resources.
Despite the best of efforts, it may happen that a start-up venture fails to take off. According to Roy, "It's okay to fail, grit is the key ingredient for success. So get up, learn and keep going."
Several city entrepreneurs ranging from diverse fields shared their experiences of building their business from scratch, driven by the passion to follow heart and be one's own boss.
More News
- Rotary Year 2025-26: Dr. Ramendu Homchaudhuri leads charge towards a Thalassemia-free India
- Twin National Honours for Faculty Excellence and Research Leadership
- Kolkata: IACC celebrates rich culinary heritage of India, USA
- Bengal Pro T20 League: A week of thrills, spills and rain interruptions
- Sourav Ganguly graces Campus Bengal Pro T-20 League Season 2 inauguration, Sunidhi Chauhan performs at opening ceremony
- Kolkata: Campus Bengal Pro T20 League set to kick off today at Eden Gardens
- Mass awareness of Ayurvedic medicines is needed: Parampara Ayurved founder Debabrata Sen
- Vijaya Diagnostic Centre inaugurates State-of-the-Art Centre featuring 3 Tesla MRI and 80-Slice CT in Bengal
- Bengal Pro T20 League Season 2 Men's Draft creates history with 802 cricketers in spotlight
- Sona Fashion Tech achieves 17 years of unbroken 100 pct placement success
Air India to launch direct ...
Gurugram: India's flagship carrier, Air India, announced the launch of direct flights between Delhi and Manila, the capital city of the Philippines, starting 1 Oct 2025.
Air India, Icelandair codes ...
New Delhi: Air India bolsters their global reach with a new codeshare partnership with Icelandair, significantly boosting connectivity between India and Iceland while offering seamless travel options across 15 routes in India and Europe.
Air India Express launches ...
Air India Express has announced a limited-period ‘Flash Sale’ on both domestic and international flights which are open until 25th May 2025.