Here are 5 reasons why
successful entrepreneurs are mostly from IITs
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Sep 14, 2016, 13:49 IST
Confidence
From the time they start preparing for IIT-JEE, each and every aspirant is made to believe in their own greatness. And as some of them crack one of the toughest exams in the country, they start gaining a lot of confidence. One Quora post rightly points out that IITians, especially when they graduate and interact with the corporate world outside; realize that they are more than capable of being successful on their own. Not many college students are celebrated the way IITians are done.
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Network
Each IIT in India has a very strong alumni network. Most of the top positions in the country both in corporate and bureaucrat are occupied by people from IITs. While ordinary candidates can’t get to reach these big shots, IIT graduates can discuss plans with these people. It’s a no denying fact that everybody has soft corner for own alma mater. IITians can avail of the tacit support from this strong alumni network in getting funding, clients, customers and growing the business in general.
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Sense of security
IITians believe, at the back o their heads, that their IIT degree would never abandon them even if they fail at a startup or two. That they could always begin with a fresh start and make a livelihood for them even in the worst case since they are, after all, IITians and would forever be identified as such and recognized for that. Other colleges do not have the same brand recognition, so failure is a scarier prospect for students in general when it comes to career and future, points out a Quora post.
Trust of the investor
Investors get too many of business proposals and new ideas everyday. Now its upto them to decide which one should they take forward. A person getting too many proposals would definitely use filters the potential ones. So IITs serve as a priority for many. While other candidates need to work harder to get notices, IITians get preference just because of the trust factor.
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Biasness
There are a lot of start ups that have been founded by people from other institutes and not IIT. They had to try really hard. To be honest, there is biasness in the play. Right from investors to media, everybody focuses on the initiatives by IIT graduates. While there is a tough competition in the market, IITians get the limelight for graduating from one if the premier institutes of the country. As per a Quora post, this is because IIT sells, and also because maybe there are more IITians and hence worth mentioning, but this serves as positive feedback and convinces you of the phenomenon all the more.
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