Dare to Compete - Interview

8/6/2019 Dare to Compete - Interview

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Sharing Experiences ofSuccessful Entrepreneur

Ankit Aggarwal

Business : Dare2compete.com

Dated : 11th Sep, 2009


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About Business

To provide B-School students with timely

information about the latest competitions waiting

to happen across India.

An easy to use website with value added

services.

It is a platform for those who have the spirit to

compete, who have a never ending thirst forknowledge and an incessant desire to succeed

in life.


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Vision

Tocreateaplatformwherecollegesandmanagementstudentscould

interact,shareandcompete.


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Key Qualities of Successful

Entrepreneurs SelfBelief

Self-motivated

Bouncebackafterfailure

Maniatosucceed

Decisive

Risk- Lovers Innovative

Openmindedandpreparedtolisten


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Introduction of Founder

Tothevictormaythespoilsbelong,buttobe

victoriousyoumustenterthefray.

Ankit Aggarwal


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Family Background

Mr.AnkitAggarwalwasbornon 16th Feb,1978

Family Father,Mother,Brother& Sister.

Belongstoahighclassfamilywithwell

establishedbusiness

Father& brotherrun Garmentsshowroomin

KarolBagh.

Motherishousewife. Sistermarried.


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Educational Background

DidB.Tech (comp)from GuruTegBahadur

InstituteofTechnology,Delhi.

ThenMBAfromSCMHRD (Marketing),Pune

Did WebDesigningCourse

OLevel & ALevelinComputersfrom

DOECC


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What inspired Mr. Ankit ???

After MBA, he started to work as an website developer

with Lintas Corp after completion of his masters

meanwhile also helping in family business of garments.

But, he wanted to set himself free to try his hands onsomething where he have all the freedom to do

anything.

He felt absence of good platform for B-school students

to actively participate in competitions during his postgraduation.

Came up with idea of providing services to

management students who have the born-desire to

compete and succeed in life.


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With hundreds of B-schools organizing events at

different points of time, there was a need for a

platform that could help-

Students find out about competitions and

events for participation and

Colleges needed a medium to reach out to

maximum students across the country for

conducting a successful competition.


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So he left out his job and coverted his ideas into reality

through www.dare2compete.com in June 2008.

Took help from his father to finance his website

requirements 15 lakhs.

His friends also helped him in providing additional 4

lakhs.

Established office at Noida,Sec-18 on fathers property Made an innovative & dedicated team to provide latest

information.

Created a platform where colleges and management

students could interact, share and compete.


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Redefining Entrepreneurship

DictionarydefinesEntrepreneuras Someone

whoorganizesabusinessventureand

assumestheriskforit.

Mr.Ankitredefinesitas Someonewhotakes

uptheownershiptoventureoutshouldering

alltheriskirrespectiveofwhattheworldthinksaboutyoursuccessandnon-success.


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Major Events

2008

Commencementofbusiness.

ApproachedallTopB-Schoolsforimplementing

hisnewideas.

Disappointment- Only 10 B-schoolsbecame

membersinfirst 4 months

Veryfewonlineregistrations. Didntloosehope,continuedtofulfillhisdreams

evenmorededicatedly.


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Didlotofpromotionofhisinnovative

businessinTopB-schoolsofIndia.

SinceDecemberparticipationofstudents

andB-schoolsstartedtoincreaseatfast

pace.

Startedfocusingonprovidinglatest & quality

services


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Where it Stands Now :

Morethan 3700 registrationsfromtop 60 B-

Schools.

Collaborationwith 43 topB-schoolsinIndia.

Notlimitedto justaninformationbulletinboard,alsoprovides

Onlineforumwherestudentscandiscuss & debate

onarangeofsubjectslikemarketing,financeetc

Online Quizzes

Videos

CaseStudies

ManagementEvents


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Networkof43 topB-schoolsincludesIIMs,

XLRI,FMS,NITIE,IMT,SP Jainetc.

OnlinemediapartnersoffewB-schoolevents

likePassion 09 (IMT Ghaziabad),Eureka2009 (IITBombay),Ignisense 09 (SIIB),Neev

2009 (SCMHRD)etc.

IMTandIIFThavealreadyusedthis

approachtoconducttheirquizzes.

IIFTattractedmorethan 1400 participations.


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NetprofitofRs 57 lakhsfrom 3rd June 2008-

31st June 2009.

Daily Ads Revenue $48.07.

OtherRevenuesfromcollaborations,

organizingdebates,showingvideosetc.

DailyPageview-1024

Expenses 29 lakhs On 3rd July, 2009 returned 15 lakhstohis

father.


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Whats Special about this website ??

Only website having collaborations with all top B-

schools of India.

Students do not have to wait for friends toforward them emails regarding competitions,

they now get the information in real time.

No conventional approach online quizzes.

Videos are further supported by articles and

essays for detailed knowledge.

Online forum Debates & Discussions.


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Future Plans

Venturingoutintonewareaslike jobs,

magazines etc.toprovideasmuchvalueas

possibletoallthestakeholders.

Goal- makingthewebsitethebiggestofitskindinIndiaby 2010.

Reachouttoeach-and-everystudentoftop 60

Bschoolsby 2010.

Tomakegoodmanagementcommunity

incorporatingalltheneedsandwantsofthe

students.

Emphasisisonbrandbuilding.


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Who Helped Him LOT ????

Parentswerealwayshismotivationand

guidancewhohelpedhimineverysituation.

Forfinancing,supporting,motivating,giving

landforofficeetc,hisfatheralwaysstoodfirst

tohelpMr.AnkitAggarwal.


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Your Advice for Future Entrepreneurs

Go for your dreams. Dreams are the only

thing that is yours and you do not need any

approval for the same.

Think big, Think Fast and Act Fast

Donotworryabouttheresults,theywillcomealongifyoustickthere.


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OurGroupwishesDare2CompeteandAnkitAggarwalluckwithhisplansforexpansion

andsuccessateverystep.


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THANKI

NGY

OU

Prepared By:

SandeepAggarwal

Varun Kumar

Anubhuti GuptaPratik Jain

KunjanLal

AnamikaSingh

Ankit Goel

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Dare to Compete - Interview