Saturday, November 28, 2009

Some thoughts running through my mind

Now that I've started doing my MBA, I often wonder what will I be doing after MBA?

My long term objective is to become an entrepreneur.

I've taken up Operations as my major (Still not sure whether I've made the right decision coz I don't like the subject much) and Finance as my minor (I love this subject). The options which I have in front of me are the following:

1. To secure a job in supply chain, inventory management department in a good foreign FMCG company which will obviously pay me handsomely
2. To do a job in prijects department of manufacturing companies and have the thrill of handling day to day operations os a factory. (Which I loved at my stint at SI Group).
3. To start something on my own immediately.

I've always believed that very few Indians get a chance to study in the best engineering colleges in India and also do MBA in reputed B-Schools in India. I am lucky to be one of them. I feel that it is my duty to do some good for such a wonderful society and country. As such, working for foreign FMCG companies & consultancies will not do much to help for the cause.
Also, I feel that working in a large organization will limit me to a particular department and will not provide me the opportunity to look at businesses as whole. I want to get myself involved in all the departments of the organization I work for. (The same as Herdillia where I could interact and work with people of various deparments). So, I believe that working for large organizations wherein the tasks to be done are well-defined will not suit me.

So, I feel that the best job for me will be a small organization wherein I'll get to know about different business functions which will in turn help me when I start my own organization. However, in this case I will not be able to see the "Best Practices" followed in companies.

Similarly, when I think about the third option, I feel that I'm not well-prepared. I don't have a business plan, nor I'm sure which sector I want to start my firm in. Reading about entrepreneurs has made me understand that this path is going to be very tough and I'll have to take a lot of risks. When I think back in retrospection to the way I've handled things, I find that I don't take much risks. This makes me wonder whether I am really capable of starting something. In case I want to start something on my own, I know that this is the right time to think about this because in case I end up doing a job now, in 2-3 years, I'll be married and then I'll have to take up an apartment in a city (on loan)which will cause me working for some more years to repay the loan amount. After that I'll have to ensure adequate availability of money for children for education and a lot of endless expenses which will obviously need a good stable cash flow. So, that won't be the appropriate time.
So, the point is that I'll not be able to start something on my own for a long time in case I don't do it after my MBA. But the problem is I'm not prepared.

These are some of the thoughts which run through my mind as and when any company comes to my collge campus for summer placements.