ISEC Talks: Start-ups and Business Planning

Any Entrepreneur before embarking on an initiative must seek clarity in their thought process. ISEC (Innovation Start-ups Entrepreneurship Centre) in collaboration with Samavesh had invited yet another young and dynamic entrepreneur to the GNIMS Campus for enlightening the future corporate leaders. The Guest Speaker Mr. Abhishek Barari introduced the concept of “LEAN Canvas” – A tool from Leanstock.com. It was with the help of this tool that he founded and is running two start-ups at a young age (Qpeka and My Cute Office). On MyCuteOffice.com people can rent out their unused office spaces such as workstations, cabins and meeting facilities for flexible duration. It helps entrepreneurs and young professionals just starting up with their businesses to get affordable work spaces without the large upfront costs. Small Businesses having unused office space can subsidize their rental costs by securely and flexibly giving out such spare space. While Qpeka is a free reading platform and an author based ecosystem created for promoting fresh upcoming authors. 

Mr. Barari explained further about the significance of Lean Canvas. It is a 1-page business plan template created by Ash Maurya that helps you deconstruct your idea into its key assumptions. It is adapted from Alex Osterwalder’s Business Model Canvas and optimized for Lean Startups. It replaces elaborate business plans with a single page business model.

It replaces elaborate business plans with a single page business model. Lean Canvas helps every aspirant to focus on their business in a structured way. It compels them to prepare a precise business plan to fit in the boxes of A4 Size paper. Simplest Business Ideas that can be captured effectively on a lean canvas make the best success stories eventually. In fact in Mr. Abhishek Barari’s own words,

Any business idea that cannot be captured on a lean canvas are not worth pursuing.

As the CEO and Founder of this innovative business idea Mr. Barari made a clarion call to the young minds present there, to innovate ideas and take guidance of business tools like Lean Canvas to materialize those ideas into reality!