Social Entrepreneurship How to Change the World

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Social EntrepreneurshipHow to Change the World

• Umang Gupta Distinguished Alumni Talk
• IIT, Kanpur - April 16, 2005
• By Pawan Kumar
• pawan_at_vmoksha.com

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AGENDA

• Turning points
• Some definitions
• Role of a Social Entrepreneur
• Six qualities of Successful Entrepreneurs

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Turning Points

• 1964 Entering IIT
• 1969 Moving to Chemical Engineering
• 1972 Joining Computer Centre
• 1974 Joining TCS
• 2001 Becoming an Entrepreneur
• ? Becoming a Social Entrepreneur

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Some Definitions

• Entrepreneurship
• Social Entrepreneurship
• SEE Model
• Risk Money Incubation, Angel Investor
• Mezzanine Investment
• Growth Money VCs, Financial Investors,
  Strategic Investors
• SPA, Tag along, Drag along rights
• Exit Strategy

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Role of a Social Entrepreneur

• There is one thing stronger than all the armies
  in the world, and that is an idea whose time has
  come.
• Leading social change.
• A person with vision, drive, integrity of
  purpose, great persuasive powers, and remarkable
  stamina.

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Six Qualities of Successful Entrepreneurs

• Willingness to self connect
• Willingness to share credit
• Willingness to break free of established
  structures
• Willingness to cross disciplinary boundaries
• Willingness to work quietly
• Strong ethical impetus

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Thank You