Session on " Product Development and Startup challenges”

On 15.11.2024, a session on " Product Development and Startup Challenges " was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Information Technology. The session was handled by Er. V. Hariharan, CEO, Space Zee Technologies Pvt. Ltd, Chennai, from 10.00 AM to 12.30 PM. A total of 40 Students and two faculties participated. This event was coordinated by Mr. F. Richard Singh Samuel, AP/IT. The event was conducted under the guidance of Dr. Lourdes Poobala Rayen, EDC Director.

The guest speaker shared his insights on various aspects of building a successful tech startup, providing practical advice and strategic direction to the students and faculty members present. He stressed the importance of identifying real-world problems before jumping into the ideation phase. He explained how successful products are often born from solving specific problems that customers face. He encouraged students to think creatively and focus on finding innovative solutions that have a tangible impact on society or businesses. He also shared his expertise in creating effective business models and growth strategies. He elaborated on how startups need to carefully assess their target market, identify key revenue streams, and develop sustainable business plans. He highlighted the importance of agility and innovation in business strategy to stay ahead of competitors in a fast-evolving tech landscape.

One of the most impactful parts of the session was when the resource person shared his personal entrepreneurial journey. He inspired students with stories of his own challenges, failures, and eventual successes as the founder of Spacezee Technologies. He emphasized the importance of resilience, passion, and continuous learning in the entrepreneurial journey. His journey was not just about building a business but about creating value through innovation and driving positive change in the tech industry. The participants rasied lot of queries to the resource person and clarified their doubts. The interaction between the resource person and the participants was quite interesting and all the participants benefitted a lot.