It always feels great when an idea on which you’ve been working on dedicatedly for a long time is appreciated and validated by the external world. We have been fortunate enough to recognized for our thinking at multiple forums since the time we started working on our idea for making dialysis affordable and accessible. Here are some of the accolades we have collected over the journey so far:
Winners – Master Plan 2010, IIM Ahmedabad’s Annual Business Plan Competition
Finalists – Power of Ideas 2010, Economic Times
Finalists – Vulture’s Nest 2010, IIT Bombay’s VC Pitch Competition
Semi-Finalists – Piramal Prize 2010
Not only have each of these competitions helped us to sharpen our thinking, they provided us with a platform to meet people who are now mentors, friends, and inspiration to us. In our experience, succeeding in a good quality business plan competition is not just about winning. It is about how hard were you pushed to the wall to think innovatively and come out with something that can fundamentally change the nature of the game. Yes it is tough to be under fire in front of an audience and it hurts to some extent when you ideas (on which you’ve spent months) are being ridiculed within seconds. But the bright side of it all is the rigor of thinking it induces within you and how it strengthens your resolve to make you idea work – come rain or shine.
We strongly recommend the budding entrepreneurs like us to make the best use of such platforms. Go out there and tell the world without fear what great ideas & dreams you have. Because no one ever thought of a great idea while sitting in a closed room. Because if you think that people can steal your idea by merely listening to it, the idea is probably not even worth a dime.
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