LE 01

Introduction

 

The class began with Dr. Mandi coming in and instilling values of entrepreneurship in students. The concept of 'Mandi' and 'Hamara dhandha', both well-conducted events by NITIEians was also discussed. The opportunity cost which the students bear while coming to an MBA institute and the expectations out of them were some more points covered. In the end of the lecture, an activity was scheduled for the students and based on bidding, an activity took place with Dr. Mandi teaching us the importance and learning that came out of the game.

My Learning

Instilling entrepreneurship values

Dr. Mandi is a person who is passionate in teaching, mentoring and guiding people. I, being someone, who has a dream of following my dream and not being a part of someone else's dream. To put it in simple words, i aspire to become an entrepreneur and high corporate honcho profiles do not excite me. For somone like me, the teaching had a very pinching effect. I had been taught that money should not be the sole purpose of life and should not be the very focus of our day to day activities. So, normally i would not go to anyone an d talk about earning money. But i learnt to be practical. Economic self reliance is a must and we must not hesitate in speaking about it as money is a necessity. So it made me somewhat more open and be practical.

Mandi, Hamara dhandha

After watching the video i was happy to know that we will be learning heaps and loads  through the organisation of these events. Basically it gave me a sort of deadline to be prepared with a b-plan so as to implement by the time 'Hamara Dhandha' takes place and be open to learning at the very basic level through 'Mandi'. Earlier, i thought that sometime somewhere i have to do something of my own. But now i know that that something has to be thought of at this stage and the time has come.

Opportunity cost

I realised that in the course of two years we would be spending around 7 lakhs and more money would be summing to the opportunity cost because of my decision to join a b-school after graduation. So it is my duty to earn now itself rather than spending bucks on nothing. A sense of seriousness crept in that i am not here for fun but for the purpose of real learning. The figures also made me realise how difficult it is to earn money and how our parents are earning day and night to support a living. Life, after all is serious and once one is serious, one can enjoy the benefits the seriousnes reaps.

Activity

An activity was performed to build a tower out of small cubes. Basically what i learnt was that one must have thorough knowledge of one's own abilities and one must not undervalue or overvalue oneself. When a person is clear of his goal in life, he can benefit the most out of it. I also realised the importance of goal setting as it gives a clear direction to the paths we wish to pursue.

Conclusion

All in all the lecture had a very lasting impact and would continue to ring in my mind time and again as it did bring me face to face with reality.