This picture which I took in Pune on my way to the airport after teaching a leadership course at SKF, is my all-time favorite. It is a picture of a man who decided to take his future into his own hands and become an entrepreneur. He gives the lie to all those who complain about lack of resources, education, government support, fate or whatever. He has less resources, education, government support than anyone who will read this post. Yet he is better than almost every one of us because he decided to do something instead of complaining. This is a picture of courage, enterprise, creativity and confidence. It is an inspiration for me and for anyone who is seriously interested in development. And a kick in the pants for all those who make excuses. One thing that the Sachar Committee Report showed clearly to anyone who has eyes is that discrimination is a part of life for the Muslim in India. While we keep fighting for reservations and whatnot, I am one who believes that if one wants to succeed in life, he can’t rely on the mercy of others. One has to rely on oneself and one’s own effort for the simple reason that it is the only thing which is in our direct control. With that in mind I am writing what I have advocated all over the world. I have tried to devise a strategy that is self-sustaining and requires very little start-up funding. This strategy is not for Muslims alone. It is for anyone who wants to do something about poverty and economic deprivation. Discrimination is not a Muslim copyright. It is what every poor person faces. For poverty is the religion of the poor. And that is the conversion we need to make – from job seeker to job provider.
Venture Capital Fund
Start a Vocational Training Centre in every school. This must be done in every Government and private school and Madrassa. Every child must learn a skill. Products can be sold and the income can be used for the Center. This will also provide employment opportunity for artisans/professionals who are presently unemployed. Parents and community members can be encouraged to participate in this venture by lending their time and skills.
Funding can come from CSR of companies who will be happy to fund such ventures.
The building infrastructure already exists. If the timetable is an issue (usually there is enough time in the normal day itself) then the Vocational Training can be done after school.
Simultaneously an Entrepreneurial Development Training plan must be established teaching students of the Center how to turn the skill into a business. This will ensure interest in the Vocational Training Course itself as people will be interested if they see how they can make this into a viable business and career option.
I suggest opening both the Vocational Training and Entrepreneurial Development Training to local communities also to help everyone and gain popular support. The Entrepreneurial Development Training course must consist of the following skills to be taught in a completely practical mode. NO LECTURES except as initial explanations. All teaching by practitioners (preferably voluntary) and all practical only.
Writing a Business Plan to pitch for investment
Budgeting and P & L Accounting
Hiring and Team building
Selling and Service Orientation
Venture Capital Fund
Final strategy in this is to start a Venture Capital Fund in each District/city managed by an independent Board of Directors of five members who are all reputed and highly trust worthy business people (include at least two women) with active businesses. CEOs may also be taken on the board but NO RETIRED OFFICIALS. One very important consideration which must be written in, is that Board Members MUST attend all meetings and inability to do so for two meetings will eject them from the Board. This is critical.
This VC Fund will give interest free loans based on Business Plan with easy installment payment options to graduates of the different Vocational Skills Training Centers in the District/city. The funding to set up the VC Fund can come from MNC/Public/Private firms CSR or philanthropists. Later it can be increased when beneficiaries donate to the fund which helped them to set up. A cap can be set on the amount of each loan so that the Fund is not over extended in any one loan. I recommend Rs. 2 laks as a cap. But the Board can decide.
I believe that this plan to create entrepreneurship will free us from our malaise of looking to government to solve our problems and the problem of discrimination which our children face when they try to apply for jobs. Help them to stand on their own feet and instead of asking for jobs, they will provide jobs to others. Economic development is at the root of self-respect. It is the biggest need today for the poor in every country. It is the most powerful bulwark against extremism. People who have something to lose, don’t become extremists. So give them something to lose.
Yawar Baig & Associates™ is an Organizational Development Consulting company specializing in helping organizations achieve their goals by aligning their structure and business processes with their Core Ideology.