Mangaluru: Konkani entrepreneurship is set for a big boost, courtesy an initiative taken by Kodial Sports Association and Youth of GSB. Taking forward an idea that community leader T V Mohandas Pai had mooted, community leaders from the corporate world on Saturday night pledged to start a venture capital fund that will fund Gowd Saraswath Brahmin youths to start their own ventures, while indemnifying them from failure.
Mooting this idea for GSB entrepreneurs on the sidelines of GPL Utsav 4.0 was Ullas Kamath, joint managing director, Jyothy Labs, and seconding the same was Sudhir Pai, executive director, Bharath Group. The idea was based on the premise that the resourceful GSB community should be job givers and not job seekers, especially in an age when a salaried job is unlikely to fire up many hearths at home.
Ullas was categorical in asserting that they would expect nothing in return from the youths funded through the initiative. “Even if all the youths who are funded fail, it should not be an issue, for it is these very failures that will make the youths resourceful and resolute in learning from it, and becoming better entrepreneurs,” he said. “Ideas of a similar nature should be pooled to ensure optimal utilisation of the funds at disposal,” he said.
Another significant point that he mooted was to create an atmosphere where women in the community no longer remained homemakers but equal partners in driving home entrepreneurship. This will help add 50% to the household GDP, he surmised, while advising existing entrepreneurs not to bring their own children into family enterprises, but allow them to learn the ropes of management outside, so that they learn the needs and aspirations of being an employee.
Sudhir and Raghunandan Kamath of Natural Ice Creams and Pradeep G Pai of Hangyo Ice Creams, who shared their entrepreneurial stories, said they succeeded in trying to do something novel with their time. If this novelty lay in starting a mall and expanding the family beedi business into an automobile dealership for Sudhir, it was fruit-based ice-cream with home knowledge to give people a delicious treat for Kamath, and urge to dabble in dairy from being the dealer of a company for Pradeep.
Mooting this idea for GSB entrepreneurs on the sidelines of GPL Utsav 4.0 was Ullas Kamath, joint managing director, Jyothy Labs, and seconding the same was Sudhir Pai, executive director, Bharath Group. The idea was based on the premise that the resourceful GSB community should be job givers and not job seekers, especially in an age when a salaried job is unlikely to fire up many hearths at home.
Ullas was categorical in asserting that they would expect nothing in return from the youths funded through the initiative. “Even if all the youths who are funded fail, it should not be an issue, for it is these very failures that will make the youths resourceful and resolute in learning from it, and becoming better entrepreneurs,” he said. “Ideas of a similar nature should be pooled to ensure optimal utilisation of the funds at disposal,” he said.
Another significant point that he mooted was to create an atmosphere where women in the community no longer remained homemakers but equal partners in driving home entrepreneurship. This will help add 50% to the household GDP, he surmised, while advising existing entrepreneurs not to bring their own children into family enterprises, but allow them to learn the ropes of management outside, so that they learn the needs and aspirations of being an employee.
Sudhir and Raghunandan Kamath of Natural Ice Creams and Pradeep G Pai of Hangyo Ice Creams, who shared their entrepreneurial stories, said they succeeded in trying to do something novel with their time. If this novelty lay in starting a mall and expanding the family beedi business into an automobile dealership for Sudhir, it was fruit-based ice-cream with home knowledge to give people a delicious treat for Kamath, and urge to dabble in dairy from being the dealer of a company for Pradeep.
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