An Idea, Mentored and Pitched Properly can be converted into an Opportunity for Driving Business

No.PR-118 June 6, 2020 New Delhi An Idea, Mentored and Pitched Properly can be converted into an Opportunity for Driving Business New Delhi, 6th June 2020: PHD Chamber of Commerce and Industry in association with Inderprastha Engineering Collage hosted an interactive webinar on "Entrepreneurship Opportunities and Idea Generation- Validation and Evaluation" with an area of industry experts and business coaches. The esteemed delegates who deliberated in the webinar were Mr. Rahul Bagga, Director, Adastra IP; Mr. Vivek Dahiya, Investor, Strategist, Mentor, Founder, Boudhik Ventures; Ms. Priyanka Madnani, Founder and CEO, Easy to Pitch and Ms. Priyanka Gupta, Head EDC, IPEC. The objective of the webinar was to provide the right tips and guidance on creating and presenting your ideas for businesses for students and start-up who willing to start their venture. Mr. Rahul Bagga, Director, Adastra IP, deliberated idea is a process that helps a company to grow, drive business expansion, and turn challenges into opportunities. It's a consistent process that needs to be implemented. He further talked about the thoughts of driving a business idea. There are two types of business models of working, one is B2B which is personal and slightly tweaked as compared to the competition companies and other is an innovation-driven business where the one wants to solve longstanding problems of consumer and in that process one of establishing their name and fame in the market. He talked that both the business models need a lot of work, brainstorming, dedication, and correct orientation. He gave numerous examples and case studies to support his deliberation. Mr. Vivek Dahiya, Investor, Strategist, Mentor, Founder, Boudhik Ventures, talked about the idea, idealizing, validation, and evaluation which is considered as the starting step towards building a start-up. He deliberated about making the idea into a reality through examples and case studies of various start-ups and companies. He talked about the importance of starting point, planning, strategizing, and making it flexible for the changing times. He also shared success stories of students in colleges, making their start-ups and now flourishing in the industry. Ms. Priyanka Madnani, Founder and CEO, Easy to Pitch, gave an insightful presentation on how to pitch an idea, types of pitching, techniques, and styles of pitching and how to make pitch desks. She also highlighted the need to put the idea of the start-up or company on paper in such a way that the other side of investors or potential stakeholders can understand and grasp the information easily. She gave examples and formats of writing the pitches which gave a lot of practical information in the webinar. Ms. Priyanka Gupta, Head EDC, IPEC gave insights need for good planning and strategizing which are essential for starting a business in these competitive times. She highlighted the need to stay focus on the goals, mission, and vision of the company which is an essential pillar to grow and progress in the industry. She also talked about her personal experience in starting a company, the challenges faced, and the opportunities which helped her to drive her business. She emphasized on the importance of being flexible in plans and strategies so that one can mold itself to any situation and uncertainties. Mr. D P Goel, Co-Chair, MSME Committee, PHD Chamber, shared the issues and challenges faced by the new start-ups in setting up business and strategy to outstanding in the market. He explained the past and present of the entrepreneurship industry and the opportunities for growth available in the present times. Mr. Mukul Sharma, Associate Officer, Inderprastha Engineering College, delivered a formal vote of thanks to all the esteemed delegates, participants, and summarised the session. The Webinar was moderated by Mr. Mithilesh Kumar, Joint Secretary, PHD Chamber. The Webinar was attended other senior members of PHD Chamber and over 40 participants which included students, entrepreneurs, educationalists, Start-up aspirants across the country. Ends. Media Division PHD Chamber of Commerce and Industry