Tuesday, December 12, 2006

PAEV comes to an interesting end!!

If you have been a frequent reader of this blog, you would have observed that there was one post which talked about this elective course we had, PAEV (Planning an Entrepreneurial Venture). I had taken it up as I felt this would give me a holistic view of planning, launching and running a new business. While on the journey to finish this course, we experienced a lot of hurdles.. not the traditional ones that one would expect in launching a new business...these hurdles were of a different kind. These were the assignments, presentations, projects we had for the other courses we had taken. We had to literally pull time out of our schedules to prepare a good business plan. I had Sonali and Anshul, my ever dependable friends to give me company of this journey.

Finally last week we were done with the final submission of our business plan and heaved a sigh of relief. Not because we didnt like the course but because one load was off our shoulders.. :) But then came the testing times, we were fortunately or unfortunately shortlisted for the ISB B-Plan Competition, where in you are mechanically made to volunteer yourself as you had taken the course. With over 4 assignments to take care of over the weekend, we were a bit scared to devote the whole of Saturday into this. We made some stupid excuses to our dear Professor and he picked those up quite brilliantly, leaving us high and dry, and at the mercy of the judges for the semifinals on Saturday morning.

Then came the prime time with the "Escapades!" team (yeah that was our team and project name) standing in front of the judges giving a 10 minute presentation, only to find out that they could not finish their presentation within the stipulated time.. :) They didnt know whether to be happy or sad.. happy because this might have saved them half a day and sad because there was this opportunity to gain some satisfaction for the effort gone into it in past 3 months. The results for the finals were declared by Dr. Nicholas Burns, Undersecretary of United States for Political Affairs. To our surprise and shock, our name was called out 4th from the 9 finalists.. the expression on our faces was worth watching with all of us standing with gaping mouths and clapping for ourselves.. :) The finals went well with us finishing the presentation in time but we didnt bag the final top 3 slots.. we werent sad.. it was a really rewarding experience for the effort which lasted over 3 terms. I would say the experience was really worth it.. and I am sure my colleagues would definitely agree to it!!.. :) A satisfying end to the course, I must say!!

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