Entrepreneurship Awareness Program: Day 2

Going in to the Day-2, the discussion that was started at the end of Day-1 turned into a fierce debate with participants opposing view of the other. Just to remind u- The game was very simple- U are given four rings and a peg at distance. The aim is to put the ring in to the peg and there are 10 positions marked from 1 … 10 each point separated from the other by some distance. Putting the ring in the peg meant SUCCESS with 1 point (mind it from any position) and the ring dropping out meant FAILURE with 0 points 😉 Some of the participants – guess a few- had some sort of knowledge about the market analysis and stuff. They used it to analyze the game situation but the facilitator, Mr Pradeep Banerjee, was too good to tackle. He had a solution for anything and everything the participants questioned. What i feel after playing the game is that a person has to measure his abilities and analyze the opportunity at hand and then take calculated risks in going at the opportunities. For every thing at first there’s a risk factor involved- but an entrepreneur’s fav is Risk 😉 There were some points mentioned by the Mr Banerjee-  Measuring the opportunity- which none of us did, Its better to Succeed and go up rather than Fail and Come down, taking calculated risks. He mentioned in brief about having a Feedback System in us- which would help us in analyzing our behavioral history (Something similar to the Browser History)

After the intense discussion we were told about the aspect of identifying one self. Identifying slef is a very important aspect. The characteristics of a person can be defined in terms of characteristics known by self and others, not known by self but known by others -> Which will help in identifying the weakness, not know by others but known by self-> this includes all the hidden characteristics of a person, not known to both slef and others-> this is called as the Blind Spot. The very big advantage of opening up is that the energy or the time can be spent in doing other activities which would otherwise have been wasted in trying to project one self by hiding his/her characteristics.

This was followed by a small tea break. Biscuits and some snacks were served. We had a break for about 15 minutes and then we gathered back.

Mr. Banerjee started with a story involving  a big transaction. We were asked to find out how much profit/loss a particular person got at the end of the transaction. Every one came up with their answers- some were similar, some different. Each time two  of them were called on to the front to discuss the reason for arriving at the answer. There were around 8 such discussions and out of all of them no one could convince the other. Behind this there was a huge lesson to be learnt.  One observation which he made was that none of us was ready to listen to what the other had to say, which was absolutely wrong. Each one of us has to think from the direction of the other person and find out if he is right or wrong and point him where he was wrong but we never did that 🙁 We were told to always keep the learning window open, listen to what others have to say. There was also mention about “Sense of humour”

We gathered back after lunch break. As we had our lunch and its quite often that ppl fall asleep we were told t hat we would be playing a Quiz. I thought it to be a general quiz but it wasn’t. We were asked to solve 5 puzzles. After sometime we discussed these puzzles. We later realised that these puzzles were with a purpose- To emphasize the need for “Lateral Thinking”. After this small task we were divided into groups of 5 and one from each group was made the observer who would observe the discussion among the group members. We were given with a case study and were asked to estimate the profits, sales at the end of three years. It was a mock industrial scenario where in we were given the capital, sales, profit, investment for each unit, initial capital  and 4 places where we could set up the units. This was like a decision making task and at the end of it one from each team had to present the case. It was a pretty interesting task. With this the Day-2 came to an end.