Resource:Creating a Student Consulting Service For Underpriviledged Startups

INTRODUCTION:

Grant Jacoby is a wonderful person.He gave us an idea about how to start a consulting service for underpriviledged startups.For underpriviledged peaple.They definitly have ideas to do different things but they do no have required resourses,marketing and they are not exposed to all things which we use in our day to day life,like they do not have any idea about social websites,equipments,social awarness and so on.They are deprived compared to other people.They are not educated,they have never been able to attend social gatherings nd meet other people.So helping them in these aspects to overcome their fear and learn new things and give them ideas and resources to become an entrepreneur helps them to live independently.For this reason,creating student consulting service for underpriviledged startups is very much important.

CREATING A GROUP:

Grant along with his fellow students started an organisation named 'KIVA'.Under this organisation,they collect funds for underpriviledged startups as a loan and repay it later.They work on a mission 'To connect people through lending to reduce poverty'.To start an organisation,we need to have willpower to do things under any circumstances and involve a group of people to work collabaratively.To do so,Grant told that we need to first of all be clear about what we want to do and hold a meeting with with all our peers and explain them what exactly is this organisation about and in which way we need to work for for the success of the organisation.And the choice is left to the students whether to be a part of this organisation or not.The people who are completely enthusiastic and hardworking will definetly join the organisation by which a group will be formed in organisation.All the students in the organisation should work as a team for the betterment of the organisation.A person who is capable enough to lead the team is elected as the leader.

FUND RAISING :

This is the fundamental thing for starting an organisation.We definitely need sponsers who give funds for the startups.To get sponsers,we need students who can convince them to believe us.To do so,Grant told us that,for their organisation,the duty to get the sponsers was given to marketing students.Because they have instincts on how to convince sponsers to trust us in the work we do.We need to explain them about our program and benefits which they acquire by pairing with us.In this way we need to get loans from the sponsers and repay it to them before deadline.

PROBLEMS: We face many problems in theorganisation like people in the group may not work properly or the underpriviledged people may not be interested to be entrepreneur or sponsers may not give us money.We need to overcome all these problems and run the organisation.We nee to explain underpriviledged people what are the advantages they would engulf by becoming an entrepreneur gaining global awarness,their livelihood and so on.

FINAL THOUGHTS:

So,accordind to Grant what i understood is that,to start an organisation,we need to start it as a small one,so that it helps us to understand what are the challenges we face in the process and how to overcome those problems.And once when we have a cleat and complete idea about the working of the organisation we can expand it.Once we expand the organisation,we can divide it into different groups so that functioning can be easy.It is definitely not a cake walk to run an organisation.We will be faced with a lot of problems,but we need to overcome them with innovative thinking,willpower and a complete team work to run the organisation successfully.

Written by-Mounika_Arekapudi

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