We started off Day-4 by discussing some of the important aspects to be considered for starting an industry.
I would like to list down some of the points here: Capital, Man-Skill, Management, Product- Choice of prodcut. Later on there was a discussion on “Opportunity”. Mr Bannerjee gave examples of different opportunities which were missed by very well known companies/entrepreneures. One has to break out of fixed ways and think of New and better routes. The entrepreneur should have more of Lateral thinking. What exactly is Opportunity? Opportunity is a course of action which at first sight may not appear possible but with focussed thinking possiblity should increase. Opportunity is as real as raw materials, labour, finance. It exists only when u see it.