Get, Set, Startup!

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Guest post by Ashish Phanithi, Campus dabbler, Mahatma Gandhi Institute of Technology, Hyderabad

How much time will it take to conceptualise an idea? A year? A month?

Well, just over a weekend actually. Not to mention enormous hard work and extreme adrenaline rush.

This weekend I skipped the cinemas like an odd hundred others and attended an event, “Startup weekend.” Economics, finance, marketing, programming, design- all carefully packaged into one weekend.

It is an event that happens over a weekend where people come and pitch their startup ideas. They receive feedback and some ideas are selected. The selected ideas are then developed further by forming teams and a final presentation is given on the last day in front of select judges who determine the winner.

After general introductions we were asked to pitch our ideas individually and roughly 20 of them qualified. The pitchers then gathered a team, a talent pool rather, and started work on their super awesome idea.

I joined an IIT kanpur alumnus who was currently doing an MBA in ISB. He pitched an idea about creating an educational website that could actually teach rather than merely ‘provide’ education. Within no time we became a group of seven. We had two really awesome and talented designers from Ahmedabad, one MBA from Bits who was talented, skilled and calm, and two amazing coders. And all this on day 1- Friday evening.

Day 2- We had one full day with us and we started to create a website while the MBAs were busy chalking out strategies. The designers put all their creative machinery to work. We had mentors coming over to help us shape things the business way. Just listening to them was as informative as probably one month of MBA classes combined. The day passed and things almost shaped up. (The CEO treated his employees with a dinner ranging from biryani to steak to pasta. )

Day 3- My CEO had everything chalked out. He got entrepreneurs from the same field to validate the idea we were working on and one thing that makes his skill standout- He got us customers! Just one day and we had customers. By afternoon we were all set to present. We were number 8 in the list to present. Our CEO suited up and delivered the demo product to the judges. Later in the night we chilled out in our CEOs ISB hostel room (board room perhaps!). We discussed startups to social issues. Not only were our designers artistically brilliant, their zeal to bring about social change was indeed jaw dropping. Next time anybody looks down on somebody doing a designing course, he/she deserves a bullet to the head. The coder was calm and composed even during the party. The CEO was as energetic and bossy as ever. The other MBA studied us calmly like they are trained and yeah, she did provide her intellectual inputs.

In the end, I had tons of information, inspiration and experience. I made some really good friends just over a weekend and the fact that we might never see each other again, emotionally moved each one of us. My Facebook friend list is now filled with budding entrepreneurs and my contact list has numbers of future CEOs.

All this in just one weekend!








Startup Weekend Press Release

The Event 

Startup Weekend is back. Once again as part of the Global Startup Battle,http://www.globalstartupbattle.co/. We are gonna have a lot more fun this time as this event is also part of a push by the Hyderabad community(hyderabadhackers.in) to take startups mainstream
Around 100 aspiring entrepreneurs(70 non-student and 30 students)  are expected to take part in the 54 hour startup marathon. Startup Weekend is an adrenalin rush of epic levels from the first pitch through to the last presentation. Coming in alone with an idea on Friday night and leaving on Sunday evening with a startup company, and a bag full of new network contacts is a unique experience only found at a Startup Weekend.
The weekend is being hosted at Amazon office, Hyderabad. We would like to thank Amazon for hosting SW. We expect in the region of 100 entrepreneurs turning up for the weekend. With these attendance levels, we anticipate between 10-15 “mini startup companies” being formed with the statistic of 1/3 managing to survive after 6 months.

A fun, intense, risk‐free way to get a startup off the ground

Startup Weekend is a 54 hour event starting on a Friday evening with anyone pitching a startup idea. The crowd of 100 or so attendees (a mix of hackers, creative and business people) then vote on the best pitches. About 15 teams are formed around the best ideas which then work through to Sunday evening. The best startups are awarded prizes ranging from cash to in‐kind support from companies.The event is open to anyone interested in the local entrepreneurial community, and it puts them in a setting where anything is possible.
In the past 3 years, 500+ startups have started & 15,000+ entrepreneurs have been inspired. Teams have even started to generate revenue during the 54hr event, and others have even gone on to raise funds from Business Angels or Venture Capitalists. None of these numbers take into account the networking, on‐going professional relationships, and amazing
experience that take place at every event. Startup Weekend’s motto: Build Community. Start Companies. No Talk. All Action.
Startup Weekend in India
Startup Weekend is currently established in Bangalore, Mumbai, Delhi, Hyderabad, and Gurgaon. We have held more than 10 events in India in all since SW was established in India. 7 Startups have come out Startup Weekend in India and 2 Startups have received angel funding. To name a few of the start ups
UberLabs has received funding and you can read more on angel list
Kinesis is on themorpheus gang
Social shout – a bootstrapped startup
Past companies across the world 
Here is a snapshot of some companies that have come out of various Startup Weekends
around the globe:
http://www.foodspotting.com/
http://twitpay.com/
http://mugasha.com/
http://gpsassassins.com/
http://www.friendmosaic.com
http://playgowar.com/
Practical information
Date: 17:00 Friday Nov 21st– 20:00 Sunday Nov 23rd 2014
Venue: Amazon, Hyderabad
Event Details :http://hyderabad.up.co/events/5134
Agenda : http://www.up.co/communities/india/hyderabad/startup-weekend/5134#event-schedule
Event hours: Friday 17:00 to 24:00
Saturday 08:30 to 24:00
Sunday 08:30 to 21:00
(come by anytime)
Registration: :http://hyderabad.up.co/events/5134
Attendees: We expect approx. 100 attendees
Any Queries: Email us at hyderabad@startupweekend. org040-30512888
Food: 7 meals and drinks are provided throughout the weekend
Prizes: You will of course receive lots of prizes from local sponsors. Additionally, as part of the Global Startup Battle, you can expect some out of the world prizes. Do you want to ring the Nasdaq bell? Check. Do you want a booth at the CES? Check
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