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SYNERGY ELECTRICAL CONSULTANTS

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Hello!
I am Pankaj Inamdar
I am here because to introduce you to the trends in
Electrical Engineering Industry and your approach
towards Entrepreneurship.
You can find me at
pankaj@seconsultants.in
2 facebook.com/pankaj.inamdar.904
Introductory session on trends
in Electrical Engineering
Industry and approach towards
Entrepreneurship.
Let’s start with the first set of slides

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Industry Trends

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Industry Overview.

 Electrical Vehicles.
 Smart Grids.
 Instrumentation Industry.
 HVAC.
 Charging stations.
 Automation Industry.
 Engineering Services.
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Industry Trends

 Service based.
 Service providers.
 Automation providers.
 PLC based wiring specialists.
 Industrial service engineering.

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Requirements of market.

◆ People who have practical Exposure with strong


academic background.
◆ Who can convert their ideas into proper
functioning service or products.
◆ Small innovations with that can create greater
impact.
◆ Good and positive attitude towards projects.
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Engineering Design

◆ Required for cost optimization.


◆ Required to save cost on material.
◆ Provide more usable space.
◆ Provide the best safety for the equipment.
◆ Lowest time frame management for the project.

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Entrepreneurship.

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Entrepreneurship.

Who is an Entrepreneur?
A person who knows how to convert an idea
into commercial source successfully.
◆ Services based
◆ Product based.

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What is Entrepreneurship ?

It’s a mindset and not just a business.


Entrepreneurship is more than the mere creation
of business:
o Seeking opportunities.
o Taking risks beyond security.

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Impact of Entrepreneurs on economy.

◆ Contribution towards economy.


◆ Create job opportunities.
◆ Increase revenue inflow into the country.

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Outline of Entrepreneurs

Imagination

Acceptance
Flexibility
of Risks

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Entrepreneurship Theory

Entrepreneurs cause entrepreneurship.


Entrepreneurship is a function of the
entrepreneur:

E  f (e )
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Approach towards
Entrepreneurship.

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Basics aspects

◆ Area of Expertise
◆ Market Statistics
◆ Opportunities
◆ USP- Unique selling Point
◆ Market Demand
◆ Time frame from planning to actual product.

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Factors affecting your idea.

◆ Your contacts in the market/industry.


◆ Relations in the market.
◆ Your attitude towards business.
◆ Your long time goal.
◆ Your Short time goal.

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Your Focus.

 Area of interest.
 Latest Trends.
 Service based.
 Area of practical exposure.

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Skill Sets apart from Technical skills.

◆ Time Management.
◆ Discipline.
◆ Good Communication.
◆ Respect the rivals.

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The Dark Side of Entrepreneurship

 The Entrepreneur’s Confrontation with Risk


 Career risk—loss of employment security
 Family and social risk—competing commitments of
work and family
 Psychic risk—psychological impact of failure on the
well-being of entrepreneurs

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How to handle risks.

◆ Take micro steps if not confident.


◆ Invest minimum until you gain confidence.
◆ Keep patience till you get returns.
◆ Never take financial burden until you are sure
of returns.

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OUR TEAM

SURAJ PANHALKAR PANKAJ INAMDAR AMAR MIRAJKAR


B.E. Electrical and Electronics B.E. Electrical and Electronics B.E. Mechanical Engineering
Industrial Exposure- 4 Years Industrial Exposure – 4 Years Industrial Exposure – 5 Years

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Thanks!
Any questions?
You can find me at
facebook.com/pankaj.inamdar.904
& pankaj@seconsultants.in
Mob : +91-9886094782
+91-9886094783
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