Young Entrepreneurs’ BootCamp
YEB(Young Entrepreneurship Bootcamp) at BITS Pilani Goa Campus: Day 5
Today, the students started with a session on Product-Market fit which was hosted by Mr Akhil Singh, Co-founder and CEO of Questt.com. Product-market fit describes a scenario in which a company’s target customers are buying, using, and telling others about the company’s product in numbers large enough to sustain that before they develop a product. This interaction helped the young entrepreneurs to understand that should have enough confirmation that enough people are willing to pay for as their team cannot afford to focus on other important strategic objectives such as growth or upselling existing users.
Then there was a 1 hour discussion with Director of BITS GOA, Prof Suman Kundu.It was a very interactive and friendly session where the Director shared some school and college stories and how the students should move forward in life.
The interaction with startup session that was conducted by Prof. Mridula Goel was very helpful for us to understand their own prototype well.
The session with Akarsh Shroff Founder & CEO, YuvaSpark on Preparation on Innovation Pitching Competition (Elevator Pitch) was quite wholesome and interesting.
Then they had a guided tour to Naval museum which was super exciting (except from the fact of burning heat of Goa which many were not used to). They saw the history of the planes and ships.
In aeromodling session, they were taught a simple mechanism of planes to understand how they work.Then there was a tensed 3 hour session with the teammates,where they discussed about the next day's pitch and presentation. Looking forward for final day!