Analyzing and Creating Awareness on diverse entrepreneurial opportunities in the Education Industry – Mr Shashi Kishore Patil

A session with an objective to teach how to analyze and create money-spinning startup opportunities in the industry for 1st semester (2019-21 batch) & 3rd semester (2018-20 batch) on 22 nd November, 2019.

The speaker of the session Mr. Shashi Kishore Patil is an accomplished management
professional with over 2 decades of experience in building businesses with wide-ranging exposure to operations, sales and business development spanning diverse industries including e-Governance, Education & Training, Information Technology (IT), Automobiles and Manufacturing. Currently as a Chief Operating Officer of Comat, he has handled multiple projects spanning e-Governance, rural ICT-enabled services retail and BPO areas with over 6,000 employees and supporting a revenue stream of USD 12 million per annum.

The focus of the session was to create cognizance and an understanding about education industry being a lucrative destination for multiple business opportunities. The speaker emphasized on how believably many target segments could be brought into the centric space of commerce and trade. Ranging from play schools, pre-schools, and primary schools to high schools’ etcetera with their distinctive features varying in size and scale of operations, percentage of investments, an eye for future growth prospects et al. all pose prolific openings for striving startups and individuals passionate about the industry. Additionally students were also imparted about a few rigorously thought of central & state legislations and regulations that
could otherwise impede one’s way if sufficient knowledge lacked while dealing with the system; other aspects like sharply picking up new trends in the environment, market forces and emerging ecosystems are contemplated to pave way for entrepreneurs to remain present and competitive in the industry.

Key takeaways:

• Keep looking out for where the opportunities for good startups lie in the sector
  under discussion.
•  Growing no. of employment openings in the industry.
•  Subsistence of several other business houses as a result of the existence of
  educational institutions.
• Huge scope for young entrepreneurs is specifically surging and the tendency is
  expected to grow further in the next 5 years.