Tuesday, 24th Dec 2019
Presentation Cum Mentoring Session
Entrepreneurship Cell of G H Raisoni College of Engineering, Nagpurorganized presentation cum Mentoring Session for Student & Incubated Startupof GHRCE by Mr.Shashikant Chaudhary. Mr.Shashikant Chaudhary isrenowned mentor cum Angel Investor from Nagpur. He was ex-President ofTiE-Nagpur Chapter. He also founded Nagpur Angels-group of Angel Investorfrom Nagpur. He has invested in many early stage and student start-up.Total 10 Start-ups which includes Student as well as incubated startupfrom GHRCE were present. Three start-ups namely World4, Rostail, eYe-Onpitched in from of Mr.Chaudhary. After that Mr.Chaudhary conducted face toface interaction with all the start-ups and answered their question. Mentoringsession was eye-opening for young budding entrepreneurs. Some of keytakeaways from the Mentoring sessions were:1. Define your problem and target market as precise as you can.2. Marketing and sales Cost are two different things, should be strategistdifferently.3.Should know what will go in what slides, don't mix up things4. Customer segmentation (from both end user and client)5. Know and understand your target market before entering6. Know your unit economics7. What is your Customer acquisition cost?8. What is your Customer Lifetime Value (CLV)?9. Reaching/estimating Product-Market Fit?Prof. Ravikumar Tiwari, Entrepreneurship & Incubation Cell In-chargecoordinated this activity.