The Centre of Management and Humanities (CMH), Punjab Engineering College (PEC), Chandigarh marked the commencement of the five-day annual Industry Academia Expert Lecture Week on September 11, 2023. The Centre organised a talk by Mr. Sudarshan Patel and Mr. Nandan Sharma, Co-founders, MyFreshand alumni of PEC in the Senate Hall, PEC Chandigarh. The lecture on the topic “Start-up and Business” was the first in the series of events lined up for the five-day lecture week. Dr Anju Singla, Head, CMH welcomed the speakers with the bouquets.
Mr.Sudarshan Patel and Mr.Nandantook the students through their journey from being mechanical engineers to successful entrepreneurs in Chandigarh. They talked about the various challenges they faced at the initial and latter stages of their start up and how they overcame these hurdles. In addition, they dwelled upon the key aspects of entrepreneurship from their own experience which included vision, risk bearing capacity, passion, wide knowledge base, willingness to learn, self-confidence, positive outlook, open mind-set, and exceptional execution ability. They stressed on the need for survival and enhancing the scale of operations for sustenance in the competitive world.
They also outlined the possible reasons for failure of start-ups which include lack of passion and business knowledge, starting it as everyone is doing it, not having a reliable model and quick shifts in the model, mismanaging the finances, and ignoring customers. The experts focused on maintaining high work ethics and commitment as key differentiators.
The Head, Centre of Humanities and Management, Dr Anju Singla expressed her gratitude to the speakers and motivated the students to derive inspiration from the speakers and become job creators rather than job seekers in future. The team CMH presented the mementos to the worthy speakers as a token of respect. The lecture was attended by students from various branches, research scholars, and all the faculty members of CMH.The speakers also had a brief interaction with Dr. Baldev Setia, Director, PEC, Chandigarh.