Manav Parikh’s Post

In a recent entrepreneurship lecture, we examined the remarkable story of Aravind Eye Care. Their innovative approach, which blends high-quality eye care with a commitment to making it accessible to all, serves as a standout example of social entrepreneurship. The discussion highlighted how Aravind’s mission-driven model has improved millions of lives while staying financially sustainable. This case study clearly illustrates the potential of aligning purpose with profitability, inspiring me with the idea that scalable, impactful solutions can drive significant change.

⚡ Social Entrepreneurship and Innovation with Yaşam Ayavefe - Our interview with Yaşam Ayavefe on Social Entrepreneurship and Innovation focuses on her work and future plans in this field.

I recently had the opportunity to attend a session led by Vansh Soni, the founder of Botosynthesis®, as part of our Entrepreneurship Development Program. The session was incredibly insightful and provided valuable lessons on entrepreneurship. Here are some key takeaways: -Mindset is Key Successful entrepreneurs cultivate traits such as patience, tolerance, and resilience. -Tools and Techniques for Entrepreneurs Brainstorming & Brain Writing: Collaborative methods for generating and refining ideas. SCAMPER: A framework for creative thinking and innovation. Mind Mapping & Empathy Mapping: Visual tools to better understand problems and customer needs. Feasibility Analysis: Evaluating market demand, competition, and value propositions. SWOT Analysis: Assessing strengths, weaknesses, opportunities, and threats. Design Thinking: A problem-solving approach centered on product development. Minimum Viable Product (MVP): Building the simplest version of a product that meets core needs. Feasibility & Value Proposition Understanding the value proposition and using tools like the Value Proposition Canvas to identify customer pain points and create gain creators is crucial to achieving a strong product-market fit. Entrepreneurial Approaches The session also explored a wide range of entrepreneurial approaches, from local businesses like Kirana stores to scalable startups, social ventures such as NGOs, and lifestyle businesses aligned with personal passions. A big thank you to @VanshSoni for sharing your invaluable insights and experiences. Your guidance will undoubtedly shape our entrepreneurial journey ahead. JECRC University JECRC Incubation Centre Rushil Chittora Aditya kadwa Anant Sinha

Join me in exploring the transformative power of social entrepreneurship in building resilient communities. Together, we'll delve into how innovative ventures address social issues and drive positive change worldwide. Let's inspire and empower change! #SocialEntrepreneurship #ResilientCommunities #ImpactfulChange

Social entrepreneurship isn't just about business it's about changing lives. Embrace the power of your ideas to drive positive change in society. Every venture, big or small, has the potential to create a ripple effect of empowerment and transformation.

 Sustainable company models are developed through social entrepreneurship to solve environmental and social issues. It is a transformative force that is bringing about good change both locally and globally. The following carousel provides the impact of social entrepreneurship. 🌎

"Don’t Read Success Stories, You Will Only Get The Message. Read Failure Stories, You Will Get Some Ideas to Get Success” Quote By,– A.P.J Abdul Kalam As an entrepreneur, the journey often comes with highs and lows. After extensive research and reflecting on the entrepreneurial landscape closer to home, I've planned to write a series of failed startups in India. This piece delves into the underlying causes, lessons learned, and the resilience entrepreneurs show in the face of adversity. It's a narrative that is not just about setbacks, but about the indomitable spirit that drives innovation and progress. I hope this series serves as an insightful resource for anyone navigating their entrepreneurial path.

Harvard University's working definition of entrepreneurship is 'entrepreneurship is the identification of opportunities, pursuit, and exploitation without the directly controlled resources (Stevenson)', is a concise way of thinking of entrepreneurship, but there always seemed to be missing something. We all know that IDEAs are a 'dime a dozen', so identifying the ideas is not necessary but not sufficient in the entrepreneurial process. We have had ideas that other people have developed and said 'oh I had that idea..' Entrepreneurial agency is missing from Harvard University's definition. I have made an improvement on by placing the entrepreneur as the change agent that develops ideas into opportunities. My improvement on Harvard Business School's definition is Entrepreneurship is the development of ideas into opportunities, pursuit, and exploitation without the directly controlled resources. It is the entrepreneur has the agency and autonomy to develop the ideas. They must do the work that other choose not to. It is through their actions that ideas are developed in viable business opportunities.

Successful entrepreneurs know the key to success is starting small, thinking practically, and valuing gradual progress. Each small step, each minor innovation, propels your business forward sustainably. And as your company grows, so must your team. Discover how to lead through growth in this \#Insperity blog: https://lnkd.in/g4ek6XDG. \#Growth \#Entrepreneur \#StartUp \#HumanResources \#HRThatMakesaDifference https://lnkd.in/gXtKY9J3

Finding Significance in Entrepreneurship For those who embark on the entrepreneurial path, the significance is found not just in the end result, but in the journey itself. Entrepreneurship offers a unique opportunity to create something meaningful, to leave a lasting impact on the world. Here's how: 👉 Creating Value: Entrepreneurs create products, services, and solutions that address real-world problems. They add value to people's lives, whether through innovation, convenience, or quality. This contribution to society is a significant achievement. 🙌 Empowering Others: By building businesses, entrepreneurs create jobs and opportunities for others. They foster environments where people can grow, learn, and achieve their potential. This empowerment of others adds to their sense of significance. ✍ Driving Change: Entrepreneurs are change-makers. They challenge the status quo, disrupt industries, and bring new ideas to life. This drive to innovate and improve the world around them is a powerful source of significance. 🙏 Leaving a Legacy: Successful entrepreneurs often leave behind a legacy that outlives them. Their businesses, innovations, and the positive changes they bring to society continue to make an impact long after they are gone. This enduring influence is the ultimate testament to a life of significance.