• About Us
      Asia’s 1 st LEED Platinum Rated Campus

      Asia’s 1st LEED Platinum Rated Campus

      About Us

      • Chairman's Message
      • Vice Chairman & CEO
      • Dean's Message
      • Governing Council
      • Business Advisory Council
      • Academic Advisory Council
      • Work With Us
      • Mandatory Disclosure
      • Anti-Ragging Notice

      TERM ZERO

      Media

      • News
      • Events
      • In Media
      • Media Kit

      Rankings

      Accreditations

      NIRF

      Campus

      Blog

      Annual Events

      • Convocation
      • TEDxGLIMChennai
      • L'Attitude
      • Digital Symposium
      • Sangamitra
      • Annual Alumni Meet
      • SWIM
      • IEC
      • Human Capital Management
  • Programs
      Transform and Lead

      Transform and Lead

      Full Time Programs

      PGPM

      One Year MBA for professionals with work experience

      Learn More Apply Now

      PGDM

      Two Year MBA for professionals with 0-2 years of work experience

      Learn More Apply Now

      EXECUTIVE EDUCATION

      Partner with us for customized learning solutions for your organisation

      Learn More

      Corporate Programs

      PGXPM

      Executive program for Mid & Senior Level working professionals

      Learn More Apply Now APP. Deadline: 30th August, 2020

      PGPM Flex

      Weekend management program for young working professionals

      Learn More Apply Now APP. Deadline: 30th August, 2020

      MBA in Business Analytics

      Family Enterprises Management

  • Faculty & Research
      Ranked 6th

      Ranked 6 th

      by NIRF ranking in teaching and learning among all B-Schools in the country

      Faculty

      • Full Time Faculty
      • Visiting Faculty
      • Adjunct Faculty

      Research

      • Faculty Editors
      • Papers & Journal Publications
      • Case Studies & Books
      • Conference Proceedings

      Centers of Excellence

      • Centre For Excellence in Retail Management
      • Great Lakes Centre For Management Research
      • Kotler - Srinivasan Centre for Research in Marketing
      • Centre for Excellence in Business Analytics and Business Intelligence
      • CET
      • Union Bank Centre for Banking Excellence

      Conferences

      • NASMEI
      • Financial Conference
  • Recruiters & Companies

      “Great Location for Talent. We are happy to continue visiting and having budding professionals join us and grow their careers.”

      Anil Visal

      Partner - Deloitte India

      Campus Recruitment

      • Recruitment Process
      • PGDM Class Profile 2018-20
      • PGPM Class Profile 2019-20
      • Past Recuiters
      • Student Achievements
      • Recruiters Speak

      Internships

      • Recruitment Process
      • PGDM Class Profile 2019-21
      • Live Projects

      Placement Reports

      • PGPM
      • PGDM
      • Internship Report

      Leadership Series

      • Titans Speak
      • Industry Lecture Series
      • Thought Leader Series

      Talent Listings

  • Alumni

Nuggets of wisdom from the big basket

September 15, 2016 | Posted by admin << back to blog

The 8th Human Capital Management Conference at the Great Lakes Institute of Management was inaugurated with great aplomb. Speaking at the conference, Mr.Hari Menon, the founder of bigbasket.com, India’s largest e-commerce portals for food and grocery, he shared some invaluable lessons from his journey of serial entrepreneurship over the last sixteen years.

Excerpts from his talk for intrapreneurs, wannapreneurs and budding entrepreneurs –

hari


Don’t raise little money
Raising little money and obsessing over equity will push startups to keep repeating the cycle of looking for investors. Focus of any start-up should be on the business and not on the next round of funding

Chalk out your ‘runway’ before taking off
Before beginning any venture, define a full-fledged plan for a minimum of 3 years. Absence of incisive objective clarity of the future of the venture will lead to failure.

Will over skill
Willingness to learn is more important than skill. Skill can be acquired, will cannot. If not as an entrepreneur, as an intrapreneur too, the will to unlearn and relearn will add more value to the organization and to the employee that adds value.

The ultimate mantra
The ultimate mantra to be a successful start-up is three-fold – Idea. Team. Capital. A compelling idea that solves a problem, a committed team of founders working to execute the idea and adequate capital to enable the execution are the basic things for a successful start-up.

Human Capital Management Conference is a one day conference at Great Lakes Institute of Management, Chennai, with speaker and luminaries from the industry and academia. For live updates on the eighth edition of Human Capital Management Conference, follow the twitter handle @GreatLakes_MBA.

Blog post by Divya S, PGPM 2017

<< back to blog

Programs

PGPM - One Year MBA for professionals with 2+ years work experience

Learn More >

PGDM - Two Year MBA for graduates with 0-2 years work experience

Learn More >

Events

Term Zero Season Finale
July 28, 2020
Read more

Successful Women in Management (SWIM) Lecture Series
July 05, 2020
Read more

The Great Circle Alumni Talk Series
July 04, 2020
Read more

Term Zero Global Thought Leader Series
May 18, 2020
Read more

  • About Us
  • Programs
  • Faculty & Research
  • Recruiters & Companies
  • Alumni
  • Blog
  • Contact Us