Those who think of security….
… even in their twenties can never achieve much in life,’ says Sasikanth Chemalamudi, the 23-year-old CEO of Habits
When
Sasikanth Chemalamudi passed out of BITS-Pilani, he
had a job offer from Infosys with him. But foregoing
the security and the prestige the high-profile tag provided,
he chose to take the risky path of entrepreneurship.
He started Habits, a learning resources company in Hyderabad.
At the age of 23, he has already been listed in the
BusinessWeek’s Asia’s Best Entrepreneurs
Under 25. In an interview to Educare, he blasts the
idea of gaining experience before taking an entrepreneurial
leap. Excerpts:
As
a school student, did you have entrepreneurial aspirations?
What ignited the entrepreneurial spark in you?
Not exactly aspirations. But, I always knew that I would
never be able to work under someone else with all possible
restrictions and the bureaucracy. I feel I am made of
sterner stuff for better things. I was clear about those
aspirations and could pin-point my interests during
my IIIrd year at Pilani. I feel it should have been
even earlier.
With
what objective did you join BITS-Pilani? Do engineering
colleges, or for that matter other institutes of education,
really nurture the enterprising spirit of youngsters?
What was the mood in your batch even as you were planning
to do something on your own?
I just wanted to gain from the diverse culture and experience
that BITS Pilani is renowned for. Exposure — a
higher level was what attracted me.
I
wouldn’t say ‘engineering colleges’
alone do that. Any institution that gives quality learning
experience to its students sows the seed of entrepreneurship
in youngsters. But yes, engineering colleges give that
much required technological edge. And the top rung colleges
definitely help better through entrepreneurship cells,
alumni contacts and events. From my experience, I notice
that we youngsters grow aware of entrepreneurship mostly
after the age of 20 (degree final year or MBA or MTech).
I feel educational institutions can and should play
a key role in making this happen at an even earlier
age.
What
was the reason for going for campus recruitment process
(we suppose that’s when you were given an offer
by Infosys) and rejecting the Infosys offer. What was
the reaction of peers and family?
I hadn’t registered for campus recruitment. I
was never interested. Infosys was one of the first companies
that visited the campus and almost every companion of
mine was attending the test. I just didn’t like
the thought of sitting alone for three hours and feel
bored. It was my final semester and the philosophy is
to enjoy to the maximum in the Psenti (final) semester.
So, I just went and gave the test with all others.
The
reason I rejected that offer or the subsequent offers
was because I knew that two years of experience doing
things on my own would anytime be far greater than even
six to eight years of experience with a corporate (unless
you are involved with the corporate in proper administrative
and managerial roles).
Do
you feel that youngsters today can do without the security
and learning that big corporates can provide and make
a straight headway?
Like I said, two years of experience doing things on
our own would anytime be far greater than even six to
eight years of experience with a corporate (unless you
are involved with the corporate in proper administrative
and managerial roles). Starting up and struggling with
the subsequent challenges in itself are great learning
experiences. Coming to ‘security’, people
who talk and think of security even in their twenties
can never achieve much in life. Of course, there might
be a few exceptions.
As
a youngster, what are the advantages and drawbacks you
face, which an experienced person won’t?
I have nothing to lose and I have nothing to fear. Everything
that I do is a learning experience. I can see more of
life and network with some wonderful people at a very
early age. On the other side, I have very little domain
knowledge or the experience to deal with people and
situations. But for me, this is beatable — thanks
to the wonderful support from experienced alumni and
gurus from my Alma mater. A still impending problem
is that very few people take me seriously because they
feel I am too young. I ask, when did ‘23’
become too young!
Habits
provides an edutainment experience. How did you conceive
the idea? What is the clientele of this idea? And how
do you rope in more youngsters to this platform?
The idea started with being a ‘book club’.
It matured first into a ‘knowledge sharing forum’
and finally into ‘edutainment’. I just look
around at the hectic pace of today’s urban life
and think about how few opportunities people have to
really relax or get refreshed in the right way. There
are no alternate career options or passions. There’s
no time to think beyond the horizon and rear like-minded
company to share thoughts with. That is how and why
Habits came up with the concept of edutainment.
Kids,
students, parents and corporate employees — anyone
who seeks a quality break and an outlet to his/her creative
urges and alternate pursuits are my clientele.
How
have you come to involve people with expertise on this
platform? How does the whole setup function? Also, how
does the website sustain financially?
Experts always felt that the concept was interesting.
They also concurred with me when I said, ‘What’s
normal anyway?’ and just extended their wholehearted
support. The whole model is to set-up edutainment lounges
all over Hyderabad (first) and (then) in Bangalore,
Pune, Mumbai, Delhi, Noida, Trivandrum, Chennai, Calcutta,
Gurgaon and Chandigarh.
What
interests youth about the site the most? Is it more
of career concern or do youngsters get involved in larger
issues that you take up?
For youngsters, career is obviously the first priority.
Proving your capability to yourself first in the field
of your interest in a must to give you the confidence
to go ahead with larger things and bigger issues.
What
are your future growth plans?
Edutainment lounges in Hyderabad and then, all over
the country. Then, culture lounges in Singapore, the
US and the UK. This is the plan for the next five years.
We are still hunting for investors who share the same
vision, to get things going in a big way and faster. |