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business model

MBA students in biz venture

In business, it’s the early bird that rakes in the moolah. Taking cue from the age-old proverb, two MBA students have turned entrepreneurs even before graduating.

H.R. Sampreet and Saurav Dhiman, second-year students of the Vinod Gupta School of Management at the Indian Institute of Technology, Kharagpur, have launched their own company, Enfount Business Solutions. Their maiden venture is Bulkdeals.co.in, a Bangalore-based online retail window specialising in institutional and organisational buying of laptops, desktops and other electronic items.

“Across campuses, students form groups to buy computers so retailers give them a discount,” said Sampreet. “But this happens locally and in an unorganised manner,” he explained.

The duo saw a business opportunity in this campus trend and created an online platform that is a one-stop-shop for bulk deals of laptops and desktops of all brands.

“Here, students can register and get great deals directly from the brands,” Sampreet said. “We estimate this to be a Rs 200-400 crore market. The brands, too, were looking for a single window to reach out to the student community. We had the business model and wanted to hit the market early, so we started even before graduating,” he added.

The company is partnering with almost all top brands such as Dell, LG, Hewlett Packard, Lenovo and HCL.

The website had over 1,000 visitors in the first three days of its launch and already has more than 300 members and over 20 registered colleges, including all the IITs.

When asked how they plan to balance studies with running a business, Saurav said: “It is all about time management. Our business requires just two or three hours a day, which we can easily put in.”

More : telegraphindia.com

At least my business

One of the things to be beautiful, this column is that everyone and invite all those interesting about me to have a look at me. Look at my chronic here, week after week, they probably wonder why this should be so, and that is exactly what I am, this high value housing. In short: What I can companies must STOI? And call me on my way to monitor nearby, like any other Oddity Zoological small as three-toed Sloth Tree, or Bushy-tailed Desert Wombat. Right at the time, I have my first job 40 years ago, I have an eccentric.

For Icome a KutchIfamily generations had “dhandho ‘, or business. I was the first Suraiya in” naukri’, or a service. Curiously, family members ask: What exactly do so, if you have at your workplace? And I say that I things. What are things? You wonder. Then I show them the things I wrote, and she would shake their heads in mystification and go far to get a few more lucrative dhandho and me on the enigma of my inexplicable naukri-Chakri.

I just did not correspond to lay the groundwork for a successful business model. What is based on the premise that the identification of a specific demand and supply of goods or services to meet demand in exchange for a victory. Business, all companies, Reliance on local employment kirana Shop, based on the simple formula. So, what I call, or rather those who me - try to provide, and which ones? And nobody could image. Not my employer (bless’ em), nor to my readers (bless’ em, or even more), and all those under me.

If so these last weeks before the Igot an invitation from the India School of Business, Hyderabad, visits and their interaction with some of its faculty members and students, I worked hard. If someone could me right, the economy was it wise to ISB. Founded six years ago, the ISB is linked to the Wharton School, the Kellogg School and the London Business School. Its executive body is like a Jamboree Corporate India, which Kiran Mazumdar-Shaw saying “Yo, bro!” LakshmIMittal that the exchange of five years with senior Anil AmbanIand Rahul Bajaj, even if they are under discussion at Narayana Murthy and AdIGodrej. For whole. And there’s Bill Gates herumhängende outside whether his tie, adjusts the color of his baskets.

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