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The Indus Entrepreneurs (TiE) Lahore Chapter.

COMSATS Institute of Informational Technology, Lahore.

April May, 2013.

COMSATS TiE4Youth

NEWS LETTER

Editorial Board

Shanza Haider Nabeel Azeez Zia Adeel Ahmed Khan

You Were Born With Wings, Why Prefer to Crawl Through Life? Rumi

CONTENTS

---------------------------------------------------------------------------------------1. An Introduction of TiE4Youth Club. 2. MoU Signing Ceremony B/W COMSATS and TiE Lahore. 3. TiE4Youth Membership Drive. 4. Participation in Workshop on Modern Day Manpower Needs and Expectations. 5. Interview sessions for Executive Board Selection. 6. Appointment of Mentor. 7. Seminar on Why to be an Entrepreneur? by Dr. Faisal Khokar. 8. Business Plan Writing Workshop by Coffee Shop Gurus. 9. TiE4Youth Club Facebook Page. 10. TiE4Youth Club Future Activities.

The Best Way to Predict the Future is to Create it. Peter Ducker

APRIL MAY 2013.

VOLUME # 1.1 ISSUE 1

COMSATS TIE4YOUTH CLUB


AN INTRODUCTION
Lahore Chapter of The Indus Entrepreneurs (TiE) in an effort of pursuing its mission of promoting conscious entrepreneurship has launched its first TiE4Youth Club in COMSATS Institute of Information Technology, Lahore. The purpose of TiE4Youth Club is to spread the seeds of conscious entrepreneurship among students by changing their mind-sets and thus nurturing them for becoming future leaders. TiE through its TiE4Youth Club wants to act as a catalyst for changing the attitudes of the students who prefer seeking job after graduation towards starting their own venture through raising students awareness of self -employment as a career option. TiE4Youth Club acts as bridge for the students by providing them with an opportunity to interact with the successful entrepreneurs and business leaders thus helping them to learn the skills required for becoming the leaders of tomorrow. Apart from this the club also provides the students with an opportunity to improve personal qualities like creativity, spirit of initiative, responsibility, capacity of confronting risks and independence.

THE INDUS ENTREPRENEURS (TIE)


The Indus Entrepreneurs (TiE) was founded in 1992 in Silicon Valley by a group of successful entrepreneurs, corporate executives, and senior professionals with roots in the Indus region. There are currently over 13,000 members and more than 2,500 charter members in 61 chapters across 17 countries. TiEs mission is to foster entrepreneurship globally through mentoring, networking, and education. Dedicated to the virtuous cycle of wealth creation and giving back to the community, TiEs focus is on generating and nurturing our next generation of entrepreneurs.

MoU SIGNING BETWEEN TiE LAHORE & CIIT, LAHORE

MOU S IGNING CEREMONY 4TH APRIL, 2013.


With an aim of promoting the spirit of entrepreneurship among the students an MoU for establishing TiE4Youth Club in COMSATS Lahore was signed between COMSATS Institute of Information Technology Lahore and TiE Lahore on 4th April 2013. The MoU signing ceremony was attended by Dr. Abdus Sattar Abbasi (Head of Management Sciences Department), Mr. Salim Ghauri (President TiE Lahore), Dr. Faisal Khokhar (Executive Director Remington Pharmaceuticals, Ms. Saira Ahmad (Executive Director TiE Lahore), faculty members and students from various departments of CIIT Lahore. The ceremony started with an introduction of TiE-Lahore and details about the governing structure of TiE4Youth Club were shared with the audience. Mr. Salim Ghauri addressing at this moment shared the importance of entrepreneurship and the need of turning towards this emerging phenomena for economic prosperity of the country. He also narrated his personal experience and told the audience how he started from scratch and through untiring efforts turned NetSOL into one of the most successful IT organization of Pakistan. After this Mr. Saleem Ghauri conducted an interesting interactive session with students. The event ended with the formal signing of MOU.

Dr. Abdus Sattar Abbasi, HoD MS Department CIIT Lahore. & Mr. Salim Ghauri President TiE Lahore signing the MoU

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If you want to be an entrepreneur, its not a job, its a lifestyle. It defines you. Forget about vacations, about going hom e at 6 pm last thing at night youll send emails, first thing in the morning youll read emails, and youll wake up in the middle of the night. But its hugely rewarding as youre fulfilling something for yourself. Niklas Zennstorm.

TIE4YOUTH MEMBERSHIP DRIVE

GLIMPSE OF MEMBERSHIP DRIVE

COMSATS TiE4Youth Club organized its first membership drive from 14th April to 20th April in COMSATS Institute of Information Technology, Lahore. The purpose of this membership campaign was to promote the club among the students and to motivate them to become a part of this initiative. Registration Desks were set up and a massive campus-wide campaign was launched to inform the students about the objectives and working of the club through posters and social media publicity. An information session was also organized for clearing any doubts the students had regarding the role and purpose of TiE4Youth Club in their future building. During the information session students were also briefed about The Indus Entrepreneurs (TiE) global network, structure and working and the commitment of its Lahore Chapter in promotion of entrepreneurial spirits through TiE4Youth Clubs.

Twenty Years from now you will be more disappointed by the things that you didnt do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover. Mark Twain

6 and Participation in Workshop on Modern Day Manpower Needs Expectations

A workshop titled Modern Day Manpower Needs & Expectations was conducted under the banner of The Indus Entrepreneurs (Lahore Chapter) at NetSol Technologies Ltd on April 20th, 2013. The agenda of the workshop was to create awareness in the young generation who will become professionals in near future about targeting the right jobs and considering relevant information in a proper way. The dos and donts of creating a resume, addressing people correctly and interviewing were also discussed by the speaker. A group of student members of TiE4Youth Club represented the club both as volunteers and as attendees in this event. The event was an excellent opportunity for our members to interact with the senior HR executives and to learn their point of view regarding an efficient and effective resume`. The event attracted a good gathering of students from various universities of Lahore namely Kinnaird College, FC College, Superior University, GC University and Punjab University to name a few. Many prominent people attended the session including HR official from various organizations, officials from Daily Nai Baat and Manager Today. An interesting questions and answers session was followed by networking with the audience. Huma Khan - CEO The Excelencia, shared her experience and views about common mistakes people do while applying for jobs. She mentioned that proper homework needs to be done before applying for a specific job. How to go through the job adverts before posting the resume. Remembering where the application was floated and on top what position it was that you intend to apply for.

To win without risk is to triumph without glory. Corneille

Interview Sessions for Executive Board Selection


In order to select and short list candidates for the executive board of TiE4Youth Club interviews were conducted on 17th April and 30th April, 2013. Thirty eight students from various departments of CIIT, Lahore applied for the executive position. Faculty supervisor Mr. Mansoor Ahmed and Mr. Adeel Ahmed Khan (TiE4Youth Founding member) conducted the interviews. The applicants were judged on the basis of their resumes and performance during the interviews. The recommendations were forwarded to The Indus Entrepreneurs Lahore Executive Director and the successful candidates were announced on 03rd May, 2013. Currently ten students are working as members of TiE4Youth executive board and are responsible for planning and executing various activities of the club.

Appointment of Mentor
As per TiE Lahores policy Dr. Faisal Khokar (Executive Director Remington Pharmaceuticals and Charter Member TiE Lahore) has been appointed as the mentor of COMSATS TiE4Youth Club. He holds PhD from Manchester Business School, UK; MS from The Kennedy School of Govt., Harvard University, USA & Degree in Business Administration and Management from Graduate Business School of the University of Navarra, Barcelona Campus. He is an experienced global leader having a diverse experience in Europe & Asia. He has supported businesses in various established and emerging markets and has delivered consistent results in global marketplace in the areas of Business Intelligence, Sales Force Automation and HR Systems. Dr. Faisal Khokhar is/was also a part of organizations like KOBEC Health Sciences, Lahore University of Management Sciences, Government College University Lahore, Pakistan France Business Alliance and The Lahore Chamber of Commerce and Industry. As per the policy of TiE Lahore the mentor is supposed to remain associated with the TiE4Youth Club for the specified university and it is his responsibility to ensure his availability for the club activities. Further he/she is also responsible for providing mentoring to the club members when needed.

Seminar on Why to Be an Entrepreneur? by Dr. Faisal Khokar.

COMSATS TiE4Youth Club organized its 1st seminar titled Why to be an Entrepreneur? on May 23rd, 2013. The purpose of this seminar was to create awareness in the young generation who will become professionals in near future about becoming entrepreneurs instead of seeking jobs. Dr. Faisal Q. Khokar (Mentor TiE4Youth Club COMSATS and Executive Director Remington Pharmaceuticals) was the guest speaker at this occasion. He shared his personal experience about being an entrepreneur. What difficulties he faced and what privileges he got as an entrepreneur. He specifically described the advantages and disadvantages of being an entrepreneur and convinced the students that all the disadvantages mentioned in the presentation are also indirectly advantages for them. He gave real life examples of successful entrepreneurs locally and internationally and guided them to explore different fields for any kind of venture. The event attracted a good gathering of students from the university and students showed keen interest in the presentation and discussion. An interesting questions and answers session was followed by networking with the audience.

Entrepreneurship is living a few years of your life like most people wont so you can spend the rest of your life like most people cant. Warren G. Tracys student.

9 Business Plan Writing Workshop and an Introductory Session with Coffee Shop Gurus.

COMSATS TiE4Youth Club arranged Business Plan Writing workshop and an introductory session with Coffee Shop Gurus on 27th May, 2013. Mr. Rohan Emmanuel; CEO and Mr. Muhammad Asid; Director Corporate Relations of Coffee Shop Gurus conducted the workshop. Budding entrepreneurs, fresh graduates and students from COMSATS, University of Lahore and University of Central Punjab attended the workshop. The main purpose of this workshop was to equip the attendees with the skills of writing an effective business plan that may appear appealing and attractive to the investors. The event started with a brief introduction about Coffee Shop Gurus including a succinct insight about how Coffee Shop Gurus works and how it facilitates the up-and-coming entrepreneurs. The introductory session was followed by business plan writing workshop in which the participants were given a comprehensive and enlightening knowledge about writing a successful business plan. Different sections of business plan including executive summary, company summary, market segmentation, strategy and implementation, and financial plan were discussed in detail with the participants. Mr. Rohan also discussed with the participants the importance of market research and the key points to be considered while writing a business plan with an intention of earning investment. In order to make the workshop session more productive the participants were divided into random groups and they were asked to think of a business and to implement the points discussed for drafting a plan for their business. This helped the attendees in getting a better understanding of the content being delivered and to seek guidance from the Gurus where they felt the need. The workshop ended with a brief question and answer session followed by photographs with the participants and TiE4Youth Team.

One of the huge mistakes people make is that they try to force an interest on themselves. You dont choose your passions; your passions choose you. Jeff Bezos

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TiE4Youth Club Facebook Page

In order to stay connected with the public and to ensure that maximum students benefit from TiE4Youth initiative a facebook page was launched at the inaugural of TiEYouth Club. This official page currently is a source of communication with the youth and keeps our audience updated with the upcoming events and important announcements regarding the club. Currently the page is being followed by 400+ people. The Page can be accessed by visiting: www.facebook.com/TiE4Youth

TiE4Youth Club Future Activities


COMSATS TiE4Youth Club is just over 2 months old but since its inaugural we are dedicated towards delivering our best. Through organizing various activities we are committed towards introducing the mantra of entrepreneurship among the youth and to act as a bridge between potential entrepreneurs and those who have achieved success in their business ventures. Our future activities include: Business Plan Competition. Entrepreneurship Sessions (with Guest Speakers). TiE4Youth Business Forums. Entrepreneurship/Venture Bazaar (University level). Participation in TiECON. Annual Best TiE4Youth Competition (Based on activities, ideas, members, participation). Business Plan writing Workshops. Trips to Industries and Entrepreneurs. Standard TiE Seminars (The 10 step Workshop, How to write a Business Plan, Pitfalls in New Ventures, Brainstorming Sessions on New Opportunities, How to arrange funds and VCs etc). Focus Groups with TiE Charter Members and others.

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Your time is limited, so dont waste it living someone elses life. Dont be trapped by dogma which is living with the results of other peoples thinking. Dont let the noise of others opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary. Steve Jobs.

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Editors Shanza Haider Nabeel Azeez Zia Adeel Ahmed Khan Photo Credits Ammar Shareef Nabeel Azeez Zia COMSATS Lahore Facebook Page TiE Lahore Coffee Shop Gurus Surkh Photographs

Published By COMSATS TiE4YOUTH CLUB Department of Management Sciences, COMSATS Institute of Information Technology Off Raiwind Road, Lahore Email: tie4youth.comsats@gmail.com
www.facebook.com/TiE4Youth

Contact: 0345 7449766

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