P. V. Dinesh

Educator | Founder - Prakriya Academy

[pvdinesh]

10 years old boy fell into well.

A 10 year old boy and 6 year old boy in a village playing with a ball. While playing the ball fell down in a well which was near the ground. The 10 year old boy tried to stop the ball from well but he slipped and he himself fell down into the well. 6 years old boy was screaming for help but no one was near them to help them. Suddenly 6 year old boy found a rope and bucket near the well. He took the rope and tied the bucket to it and thrown into the well and asked 10 year old boy to hold the bucket tightly. 6 year old boy pulled the 10 year old boy from outside the well. 10 year old boy thanked 6 year old boy and he felt this incident should be told to the villagers and every one should appreciated the bravery of 6 years old boy. They both went to village and told the old story. But nobody was ready to believe their words. The doubt on their mind was “How can a 6 years old boy can pull/save 10 years boy?”. So these boys and villagers went to a “Baba” who is very intellectual mind. 

They told the whole incident to Baba. Baba said “This very simple and straight story, what is there for not to believe?”. Villagers thrown their doubt, “ How can a 6 years old boy can pull 10 years old boy out from a well?”. Baba said, “ There was no one around 6 years old boy to tell this doubt neither he got this doubt.” 

If you encourage a child and make him belief in himself/herself. They can make wonders.  

[pvdinesh]

CrowdFunding

Meetup Date: 24/4/2016

Place: Startup Village

Speaker: Mr. Vivek Srinivasan, Startup Mentor – MD @ Prudence advisor – Founder @ Startups Club

Topic: Crowd Funding

 What is crowd funding?

 A definition by fundable.com -

 “Crowdfunding is a method of raising capital through the collective effort of friends, family, customers, and individual investors. This approach taps into the collective efforts of a large pool of individuals—primarily online via social media and crowdfunding platforms—and leverages their networks for greater reach and exposure.”

·      A product which can bought by a consumer like smart watch, VR headset, Movies, Music, 3D printer.

·      It should be different from existing model available in market.

·      In exchange of funds startup give them rewards like if you donate $1 we will send you thank you note. For $20 we will send a T-shirt, for $100 one product will be shipped to you.

·      The best part is for getting funded you no need to give equity in crowd funding where as if an investor funds you have to give a stake to them.

 What does customer see before buying you product in crowdfunding websites?

 1.     Product – How good is your product. Is it really innovating?

2.     Goal – What is the goal which startup want to achieve.

3.     People – Who are the people working behind it.

4.     Capability - Whether they are capable to deliver/execute the product?

 What are the biggest crowdfunding websites?

1.     www.Kickstarter.com

But Indian startups cannot start a project. If you want to start a project in Kickstarter then you have to register your company Anyone in Austria, Australia, Belgium, Canada, Switzerland, Germany, Denmark, Spain, France, the UK, Ireland, Italy, Luxembourg, the Netherlands, Norway, New Zealand, Sweden, or the US because Kickstarter don’t support Indian Rupees

2.     https://www.indiegogo.com

Indian startups can start their projects in this website.

What categories of product we can start a project in crowdfunding websites?

Tech, Film, Design, Music, Education, Fashion, Photography, Food, Games, Journalism, Art, Comics, Publishing, Theater, etc.

 Name few Indian crowdfunding platforms. 

·      https://www.wishberry.in Successful crowdfunding platform in India.

·      https://www.rangde.org

·      https://catapooolt.com

 When a startup has to start their project on Crowdfunding platform? 

·      When you have a prototype.

·      After spending 6 months to convince your dear and near ones to buy your product when you make you project live on crowdfunding platform. Because this brings the boost to your project to get funded. (Because no one wants to fund you when it was on 0% funded). This is something like Match fixing. You fix few people from your side to buy your project when your project gets online.

 How do crowdfunding platform get benefitted?

 They take 5-7% of fund if funding gets successful.

 Do I need to mention the total amount I need to start my project?

 Yes. You have mention a fixed target amount.

 How much time I will have to get my project funded?

 Mostly 30 days.

 What if my project didn’t achieve the target amount?

 Kickstarter will not release amount to you. Instead of that it will send back the money to respective customers. Even you got 98% funded they will not release the money.

 Indiegogo will allow you to take the money but on higher percentage commission.

 I got 100% funded. Now what?

 You have to keep updated in the platform about the status of product development. After developing the product you have to ship it to them.

 What is the secret to get 100% funded?

 1.     Team – Stronger the team, people will believe on your product.

2.     Virility – The more viral, faster the funding.

3.     Niche of the customer segment – Be specific on your customer segment.

 Give me few real example who got funded through crowdfunding

 Go through this post

 http://crowdfundingblog.com/most-successful-crowdfunding-projects/

  Did you find this post useful? Please share it on your Facebook and with your friends. Thank you.

 P.V.Dinesh

[pvdinesh]

Why I have started my startup.

Let me start from the start. 

From childhood I have a dream to swap study time with play time. I was wondering how exciting it will be when people around me give preference to play as they are giving to studies now.

Like your mom will wake you up by saying “Getup you’re getting late for play”, Timetable for playing where 30 minutes is given for lunch and you skip the lunch for sake of study, requesting your mom at evening for more 15 minutes to study where your mom will ask you to come and practice play. 

Slowly I dream got vanished, years passed and I landed in London for my higher education. On the day one I observed the atmosphere at my university was somewhat familiar to me, yes it was similar to my dream. Only 9 hours of class hour in a week remaining time you have play. Play with the concepts you have learned in real world. I was starting enjoying every moment and started thinking why not India having same atmosphere. 

After a small research I found Indian education was far much better before Wood Dispatch Act 1854 by Sir Charles Wood. Tis act is used to fill the clerk jobs for British empire. This act was officially ended on 15th August 1947 (Independence Day) but we continued same education system. How funny and pity it is, the people who implemented this rote learning system have changed completely and we are using the same method for more than 150 years.

Rabindnath Tagore was the person who opposed the rote way if education. He says, “Education serves no purpose in our life if we are unable to connect with the place we are in”.  He criticized this system of education, which puts too much stress on memory and too little on imagination & thinking. He believes each individual has a distinctive character of his own. And we also believe the same. Every child has their own way of learning method. So we have established our startup PRAKRIYA ACADEMY Education R & D in Visakhapatnam. We research on behaviors and develop personalized learning methodologies. Visit our website www.prakriya.academy, Education R & D.

[pvdinesh]

Basics on IPR

Sensitization Seminar on IPR for electronics and ICT sectors

“Role of IP as a Strategic and Financial tool in the Global Market”

Event was organized by APTDC (Andhra Pradesh Technology Development & Promotion Centre) & CII (Confederation of Indian Industry) at The Park hotel, Visakhapatnam on 21st April 2016. Even though the event name mention Electronics and ICT, the knowledge I received  from speakers can be implemented in any industry. The speakers were

·      Mr K Subodh Kumar, IP Program Head, TCS

·      Mr Rahul Dubey, IP Manager, GE India

·      Dr Kalyan C Kankanala, Managing Partner, BananaIP

·      Dr. Sudhir Raja Ravindran, Attorney-At-Law, Solicitor (England & Wales)

·      Dr S K Murthy

·      Mr Sudipta Ghosh, Head of IP Management, Wipro

·      MR Amit Koshal, PAttent Attorney and Head – IPR

·      Mr G Sravan Kumar, Senior Associate, K & S Partners

·      MS Hima Bindu, CEO, Novel Patent Service

What does IP consists of? 

Intellectual Property (IP) is considered into different types

1      Patents

2      Copyright

3      Trademark

4      Trade Secrets

5      Industrial Designs

 What business value IP brings in?

·      Market Exclusivity

·      Business/Competitive Advantage

·      Revenue Generation/Retention

·      Licensing Opportunities

·      Financial Valuation

·      BD/ Marketing

 What value you can gain from IP?

·      Cost vs Investment

·      Protection Strategy

·      Management

·      Licensing

·      Enforcement

 Difference between Asset and Property

Assets vs Property: Assets which are protected is property.

 What inventions will get IPR?

·      New

·      Non Obvious

·      Industrial Applicability

 Patent should be filed as individual or as organization?

Patent is filed as inventor. If inventor is employed, then the rights goes to the company and the person will be identified as inventor.

 Can I file global patent from India?

There is nothing like global patent. You have to file patent in each country separately. But there is provision for filing PCT application, it will give you 1 year of time to decide which country you need to file for patent.

 What should I do if someone infringement my IP?

·      The most important thing, do not send Cease & Desist letter.

·      Cease & Desist letter is like giving warning that I have found you doing this and don’t do it again.

·      This letter will warn them and they may clear the evidence or it may back fire you where they will put a case against you that you were threating them.

·      The best past you can do is find them with a proof and hire a lawyer and submit the proof to court. Court will give warning, if the person does it again it will have considered as condemning of court.

 What if you are defendant?

1      Invalidate

2      Dilute

3      Prove non infringement

4      Buy License

 Does IP management is easy? 

No, Not at all. There are many things has to be done after IPR. Few of them are

·      Renewals

·      Form 3

·      Form 27

Should be filed every year for every patent. Submit all the details about revenue, cost, manufacturing, etc.

·      IP Decking System

 What are the Stages for applying IP? 

1      File

2      Publish

3      Grant

 What are things to keep in mind for Startups?

1      Employment letter should be drafted professionally and get signed.

2      Get signed Non Disclosure Agreement (NDA) with the team.

3      Contracts with the co founder will work good in long term. (Even though you people are friends or relatives, consider to sign a contract)

4      Now you can go for IP.

 When should a startup file IP?

On the Day 1. As the evolution of idea happen in early stage startup, there is a provision called provisional application. Government fees for the application is 1600 Indian Rupees only. After filing provisional application, you will have time of 1 year to file complete IP.

 Can I file IP myself?

No, there are many litigations in filing IP. Consider an expert and use their services.

Can I file IP if it was not filed in India but was already filed in USA by someone else?

No, You cannot file an IP if it is already filed in any part of the world. But you can use it without any legal issues if it was not filed in your country.

 Hope these information may useful for getting started.

P.S: Always consult an expert before filing a patent. It makes your work easier. 

Have a nice day.

[pvdinesh]

Website Launched

When I was working as an Executive IT Trainer, I have faced many trainees who don’t have a knowledge of the school basics. They remember that they have heard the particular word, but don’t know what is it exactly. It was very hard for me to digest it. For many months this issue was there in my back of mind running for a solution. One day I was with my cousins Rajesh and Bala Krishna and discussing about this issue which I faced. They have advised me to look into Ted talk given by Mr. Sugata Mitra. I went home and at late night after finishing all my work I watched the talk and I was charged because I got the solution. I left my career as an Executive IT Trainer and started planning about my own academy. Slowly, I can see every corner of the room. I came across Mr. Arvind Gupta’s Toys, Mr. P. K. Srinivasan Maths activities, many more. I knew my journey was started. I visited Chennai & Hyderabad for this purpose. Every time I visit new places and meet new people my concept is getting outline. Now this was the time where I bring my thinking to the real world where people can see it and feel it and join it. So I launched my website www.prakriya.academy  See it and Feel it. 

[pvdinesh]

Trip to Heaven

The day i remember when my boss told me to pickup my things and leave for Shimla. I was scared how can I travel alone to a new city where I can't speak their language. Don't know how food will be? As word Shimla always resemble  to me is cool, hills and sweater. I packed up my bags and left to Shimla. All my assumption were proven wrong. I am not speaking about weather, scenic & sweater. This is about people who live here. They are so genuine to their heart. Have you ever seen the passengers who help driver to change a punctured tyre. I have seen here. They don't care about their dress which is becoming black by grease. They don't care about about the sweat for work which they have no relation with it. I was the person who was sitting in the bus and watching it. I felt ashamed. My head my down. But I was happy that I got opportunity to realise what is humankind. I don't have picture to show the descent men but I have few which show how Shimla looks.

[pvdinesh]

Yesterday I seen GOD's!!!

I was on a day off so went to friend's place for hangout. This time have taken my car. I have enjoyed the time spent with my friend. It was 7 pm so I decided to return home. While returning home my car got trouble and I have stopped my car in the middle of the road. I have checked car engine and found that I ran out of fuel. I checked my wallet and I found out 4 ten rupee notes. I was afraid at that moment and trying to find out the solution. After some time I took one empty bottle and locked my car. Luckily I got an auto, but he asked for 60 rupees. I told him about my situation and he immediately agreed and took me to my home. Here I saw a God in him. Now I took money from my mother and went to find out nearest fuel station. And at last I found that nearest fuel station is 5 kilometres away. I was exhausted by hearing this because again I have to go the place where my car is waiting for me which more 3 kilometres away from fuel station. The person who gave me this information offered me help by dropping me at fuel station with his bike and I accepted. While in the journey I told him all what happened with me from past 1 hour. By the time I ended my car tragedy we reached fuel station. He stayed with me until I got the fuel for my car. Then suddenly he again offered me help by dropping near to my car. I don't have any words except "Thank you". So here again I saw GOD in him. So we reached the trouble spot where my car is standing. We shake our hands and the person went off. When I turned around I found that one person is guarding my car. I went to him and asked what happen. I was amazed with his reply. He said "I was watching this car from the beginning and I thought that other vehicles cannot see your car as there is no street light here. So I am guarding your car and informing other vehicles to divert their route slightly". Here again and again I saw GOD in him. End of the story is I realised  every person is a GOD who helps others without any expectation !!!!

[pvdinesh]

"When an employee want to change work culture of a company. He has to try..try..try & change it...If still there is no output..Change the company"

P.V.Dinesh

[pvdinesh]

Bombay Pehla Din

The journey was hectic due to sharing one berth with my sir. but it was happy to have someone who cares for you. He was coming to mumbai to guide me. We got side upper and we were struggling to adjust. After sometime the owner of lower berth offered us to exchange for the comfortability. We were happy but the uncomfortablility story repeated again. Some how we reached mumbai at morning 8. The first scene I have seen is a local train which was standing in next platform. The people are hanging outside my heart started beating very fast. My mind was wobbling about how my life will be in next 30 days. OMG what the fuck!!! Even ladies are hanging like monkeys. Meanwhile my senior had taken tickets to attend training directly  instead of going to home. I sighed heavily and left with my luggages. We enquired about train timing and waited for the train. The people in mumbai are so dedicated to work. They travel to their workplace with this type of commuting. We get into the luggage box because of our luggages. People who doesn't have luggage they also jumping into our compartment. I was squeezing between mens….I didn't expected this …. somehow people were getting down at the station dadar. The compartment was empty only Me and my senior and one person who was looking my philosopher  with his beard and moustache were in the compartment. Suddenly my senior showed me the epic place where India won world cups nd sachin retired..yes that was Wakende stadium. My eyes was open and not asking to blink my eye lids. I was observing it unto my last sight in the train. After 3 minutes I arrived to my destination Churchgate. I was loose all my strength in journey and I was again started thinking about the distance travel to training centre. But out of my thinking the training centre was in the station. The head quarters of Westren Railways. A big Sigh came out from me and I was observing the mumbai people. Everyone is walking like zombies with their bags wearing formals. I took my class and came back like a zombie to guest house. Let's see how can I survive for next 29 days?

bai

[pvdinesh]

A guy in a metro..

Standing at the door of the metro train with a book in my hand reading seriously. Suddenly one guy approach me and enquired about a upcoming station. I gave him the information what he want. After 2 minutes he again interrupted my deep romance with book. He asked me a strange question "Whether there will be any problem if I attend office half an our late especially on the joining day?". Ya I also shocked with this question unexpectedly. For few seconds I was looking sideways to check whether he is speaking to some other person. But i realised that the question is to me!!! I said may be or may not be. He nodded like a scientist who is giving approval for a research. I asked him which company you are going for. He told some xyz company and asked about my profile. I gave my profile about IT trainer. He said we IT people are lucky. I thought in my mind how much I struggled in this IT field, how my friends struggled when recession hit badly in 2010. People from outside think IT is easiest thing to do. After all this went around my head I came to present and the guy was staring at me. He suddenly spoken and asked me about the courses.. Yes he want to be an IT guy. I have given all the information what he want and he satisfied with it. He told all his story about his previous career where he was footballer and all stuff. And the station arrived where he has to get down. He went away and I continued romance with book. 

So this is how strange people meet everyday in my life. 

[pvdinesh]

Happy Diwali

Today is diwali and its very noisy from past 2 days. This diwali is 1st one which I am celebrating in north India. The rituals are totally different from south. The main thing i like most is GIFTS. Its awesome. Lighting in this city is giving mr feeling about Dusheera in Kolkatta. From past 4 days I am seeing every person is carrying gold or pink color cover wrapped boxes with a big smile on their faces. This is awesome feeling when 30 people around you having their smiles out. This diwali I decided to celebrate noise free and I posted same thing in my Facebook. Lets see who are with me. Once again happy diwali. 

[pvdinesh]

1st day of new journey

Yesterday was my first day in the new job. I guess this was the shortest day in my professional career. Due to some festival my colleagues didn't come to work.  I was revising my old computer science subjects which were learned when I was 18. While going through these books I was like in a time machine went to the past in my college days. The atmosphere was changed, for me I am not at work place. I was feeling like I am in my college.. in my classroom.. in my signature place i.e. back bench. time flew like a supersonic aeroplane and I have to end my 1st day of new workplace. If i would have studied in my college days like what I did today I would be the college topper for sure. Hmmm... Past is always good. Let's see how my new journey will be. Happy to be in board.