Practical Business School Ft. Pratham Mittal | Sandeep Maheshwari | Hindi

Summary

The speaker passionately discusses the importance of learning from various experiences and the flaws in traditional education systems. They share their journey from college to founding a company and later, an educational institute that focuses on practical learning and entrepreneurship. The narrative emphasizes creating an environment where students can learn by doing, rather than rote memorization, and the institute's commitment to nurturing talent regardless of academic grades, aiming to transform lives through innovative teaching methods.

Takeaways

• 😀 The speaker emphasizes the importance of learning from various experiences and not just focusing on endorsements or business interests for guests on their platform.
• 🏆 The speaker shares their personal journey, starting a small company 'Outsourcing' during college, which flourished for 10 years and was initiated as a class project.
• 🌟 The speaker's motivation for establishing 'Masters Union', a business school, was inspired by a life-changing college class, aiming to create an educational environment where every class could potentially change a student's life.
• 🎓 The educational philosophy of 'Masters Union' is to teach without the constraints of traditional grading, exams, or rankings, focusing on learning by doing.
• 💼 The speaker discusses the goals of their business school, which include creating successful entrepreneurs and professionals, not just focusing on placements or academic scores.
• 🤔 The speaker highlights the flaws in traditional education systems, where students may forget what they learn within months of exams and are not encouraged to think creatively or entrepreneurially.
• 💡 The speaker talks about the importance of practical experience, mentioning that students at their business school are encouraged to create their own small businesses as part of their learning.
• 📈 The speaker mentions the impressive statistics of their business school, including high placement rates, students joining family businesses, and those starting their ventures, with an average package of around 25 lakhs.
• 🏆 The speaker expresses a vision where 80% of students would run funded companies within 5 years, indicating a significant shift in the approach to education and entrepreneurship.
• 🤝 The speaker discusses the selection process for their business school, emphasizing that they do not rely on academic grades but on the potential and mindset of the students, including their ability to learn and adapt.
• 🔍 The speaker talks about the importance of open-mindedness and adaptability in students, as well as the ability to think analytically and practically, which are key in their selection process.

Q & A

What is the primary motivation behind the sessions conducted by the speaker?

The primary motivation behind the sessions is to share different experiences with the guests and learn various things from them, rather than offering any endorsements or financial transactions.

What significant event happened in the speaker's life in 2013?

In 2013, the speaker completed college. Additionally, they had started a small company named 'Outsourcing' in 2012 as a class project, which they ran for 10 years.

What was the initial idea behind starting the 'Outsourcing' company?

The 'Outsourcing' company started as a class project given by a teacher, which eventually turned into a product company and became successful, leading the speaker and their friend to continue it after college.

What inspired the creation of the 'Masters Union' business school?

The inspiration for 'Masters Union' came from a college class that significantly impacted the speaker's life, motivating them to create a college where every class could potentially change a student's life, focusing on learning by doing without the pressure of exams, marks, or ranks.

What is the main goal of the 'Masters Union' business school?

The main goal of 'Masters Union' is to provide an education that focuses on practical learning and real-life experiences, rather than traditional academic pressures, to prepare students for entrepreneurship or successful placements.

What is the speaker's view on the current state of education in classes?

The speaker believes that the current method of education, where students passively listen to teachers and later forget what they've learned for exams, is not effective and does not truly educate but merely fills students with information.

What is the average annual package that the speaker highlights in the script?

The speaker highlights an average annual package of around 25 lakhs, with some variations and outliers, for the students of their business school.

How does the speaker address the skepticism and criticism they've received on YouTube?

The speaker acknowledges the skepticism and criticism as natural, given past experiences with educational institutions that overpromised and underdelivered. They emphasize their commitment to delivering on their promises and being transparent about their achievements and methods.

What is the speaker's approach to handling the curriculum and student success?

The speaker focuses on a practical curriculum, where students create small businesses, understand marketing, logistics, and other skills. They aim to make students successful not just in terms of revenue but also in learning from their experiences and applying them.

What is the significance of the 'Drop Shipping' business that students are encouraged to create?

The 'Drop Shipping' business serves as a practical learning tool for students to understand market dynamics, customer preferences, and business operations, which is an integral part of their educational experience.

How does the speaker plan to address the doubts and issues of potential students who cannot afford the high fees?

The speaker considers making their classes, lectures, and internal processes available on YouTube for free, allowing students who cannot afford the fees to still benefit from their educational content.