How do recognise the potential in an idea? How
do you convert your idea into a business? What is the entrepreneurial journey
like? What are the challenges faced by most entrepreneurs? What do you need to
'learn' to be an entrepreneur?
All these questions keep budding entrepreneurs up at night. We
know this; we’ve been here done that! Using our personal experiences we believe
we can ease some of the pressure off future entrepreneurs and provide clear
indications towards the expected and unexpected problems. Of course you cannot
generalise the issues related with most businesses but you can highlight
general practices and minimise potential damage. That is the entire point about
starting and expanding your own venture. Use experience (yours and others),
listen to advice but only use some, be open to change but steadfast about your
goals (and principles) and most importantly always plan ahead. Time is the key
and nothing makes money like time. No, really!
Identifying potential in an idea is crucial in converting it
into a profitable entity. Over here, vision is the key. You must invest your
time in envisioning your idea and converting it into a tangible plan. You
cannot possibly imagine that plan to be set in stone but rather keep it as
organic as possible. You will identify and revisit goals, targets, customer
bases, environments and opportunities and possibly even change the entire
complexion of your venture but never the core. Kind of like how you change
clothes everyday but continue to remain who you are!
The reason for us to take to entrepreneurship was incentive and
passion. The incentive was opportunity, to be part of something big and
revolutionary. We all can identify with problems associated with education but
we ventured into the ‘big, bad world’ because we believed we had a solution to
the conundrum. The second was passion. We understood the difference we can make
and we were passionate about improving the quality of education in our country.
We believed Last-Bench could propel each learner to march through the door of
opportunity with utmost confidence in their skills and ability, something that
is deficient in the current system.
Having identified several gaps in the current education system,
we believe it severely limits the opportunity and potential of undergraduate
students and young working professionals. When the focus shifts from the scary
external environment onto you and your own learning needs and ability, the
potential for personal growth is maximized.
Simply
put, we aim to empower individuals by integrating formal education with
well-devised and rich content and providing them with a unique learning
experience that is both practical and meaningful. By including
conceptualization, case studies, experimentation, reflection/assessments and
subject area diversity, the learning process not only engages the individual
but also ensures immediate success in a personal and professional space.
Concept & Philosophy
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