Challenges in Entrepreneurship My Experience Dr Chandrasekar Dharuman Challenges in Entrepreneurship Dr Chandrasekar Dharuman While @ Young Born in a Joint big family, first Son A village near Golden temple A movie addict, see movie every day Champion in Gilly, Goli and Pamparam Studied in corporation school till 11th Std Major change in studies due to a challenge Never looked back, but missed Engineering, ignorance Did Masters at Anna and Ph.D at IISc Bangalore. A short story but lived 25 years Challenges in Entrepreneurship Dr Chandrasekar Dharuman My Family Wife and two Sons Mother and Brother @ home Children still @ school Wife a home maker with M.Phil In Chemistry King @ home, sole decision maker Took charge of family at 25 with no money-Job Got a sister married and supported the other Only educated and earning guy for the family Happy to have a non-interfering family-loaded all bags on the shoulder. Love drives the entire family Challenges in Entrepreneurship Dr Chandrasekar Dharuman Proud moments First graduate, post graduate PhD Discovery of new flows published In American Institute Journal Theoretical study verified by Experiments by professors in USA Bagged CEO award for creating products Sold products to NEC a demanding Japanese corp Best Business Unit Head (Telecom & Networking) Best Center Head for Wipro-appriciation by Premji Chennai Center became the second largest in size. Father would have been proud about his Son Challenges in Entrepreneurship Dr Chandrasekar Dharuman Turn’s Twists Sudden Demise of Father Change from Academics to IT Quit well paid job @ Bombay-no job New Product – no appreciation Golden period ends in crisis-DSQ Chance to be a entrepreneur-missed Team need kept first-compromise Joined HCL/Wipro with people from DSQ Threat from DSQ Received guidance and blessing every moment Challenges in Entrepreneurship Dr Chandrasekar Dharuman My Strengths & Belief’s Inspired by lesson “Civilization” Dedication to work-hunger to win Perseverance –no give up Always looking for change/challenge Live in the present moment Listen to senior’s-a supervisors pet. Believe in “freedom” is key for creativity & success No Hero’s at work, training & mentoring is key Openness and belief in team work Team win is a leaders win Challenges in Entrepreneurship Dr Chandrasekar Dharuman Had chance to create every time Created Computer Center for UAS Created Network monitoring tool Created Telecom-Networking BU A team of 20 people for BNA Build 500 people, with domain knowledge Built products LanSneaker, NetSneaker & PMS Created Global R&D division for Wipro at Chennai Using only students, with almost no cost Telecom, Embedded and Media team’s grew to 3000 Managed Wipro Chennai to grow to 13000 people Wipro’s best rated center for consecutive years by employees Fortunate to incubate always and be successful Challenges in Entrepreneurship Dr Chandrasekar Dharuman My Decision Realized no identity for you in a corporate Missed opportunities in 1999 & 2005 Dilemma due to recession Quit Wipro, as no choice nearing 50 yrs First planned for family needs–secured for 18 months Realized can not do alone, friends support a must Created a business plan, was modified 10 times Met 10 close friends, categorized A, B and C Fortunate to have a friends company merge New plan created to support the asserts came by Guided by my Guru, SriSeshaa was born Challenges in Entrepreneurship Dr Chandrasekar Dharuman