An open letter to the IIT Graduates
sachingupta.co
sachingupta.co
If you are not from a premier institute and you have to
work three times harder to prove yourself, but if you
have that prestigious degree you are welcome aboard even
if you don't have it in you.
Inadvertently, he has pointed out the actual problem. Sure the graduates from IIT's are sucked into "brain drain" but what about the rest large chunk of population who are as good if not better but don't have the brand label? The Indian society largely ignores (or in certain cases even castigates them) for thinking "out of the box". It is this section which needs to rise to the modern world and act with rationale rather than orthodox societal norms. For example, Arunachalam Muruganantham (now dubbed as the "Tampon King") was abandoned by his own wife, daughter and fellow villagers while developing a low cost (33% cheaper) sanitary napkins for lesser privileged women. In addition, the Indian government did not incorporate his solution into their national program. In this case, Mr. Muruganantham had the drive to go beyond all odds and get the job done. In a country where taking up "Arts" over "Science" is considered as being "weak in education", the number of Muruganantham's India has lost as a result of archaic societal norms would be a very good question to ponder upon.[0] http://www.sachingupta.co/2013/01/you-aint-from-iit-you-aint... [1] http://www.independent.co.uk/news/world/asia/the-tampon-king...
You want to start a business in India? Good on you. Now you have to fill out hundreds of forms, pay bribes, wait for years for approval to go through, and then get shut down anyway because some local politician decided he just doesn't like you. As if that wasn't enough, there's the culture. Indian culture, like many Asian cultures, looks down upon non-conformity and risk-taking. If you're a newly minted IIT graduate, how exactly are you going to go home and explain to your mother that you turned down that great job in America from a prestigious western firm and instead want to work for a "start-up" (a word that all too many equate with "bum" or "layabout")?
While India is changing, the combination of government regulation and social pressure still makes it very hard for new IIT grads, who are often from modest means, to do things he's advocating.
EDIT: modified introductory paragraph to better reflect the content of the argument.
Once you scale up such that you need to change from a simple proprietorship to something more structured such as a private limited company you can hire a lawyer to do that for you. You could incorporate in India, USA or Singapore - whichever one suits you. I know startups in all three of these categories.
As for the non-conformity and risk-taking - I think that is exactly the point the blog author is trying to address - someone has to be the first one to stop conforming to the societal roles and IITians should lead the way.
Also, there are quite specific advantages of incorporating in USA. Indian payment gateway providers don't offer the same set of features that the Western providers do. This may have changed lately as more payment startups have started in India.
PS: This is based on what I hear from founders at various conferences in Bangalore, and not on first-hand experience.
Yes our system is not perfect, yes we are very corrupt, but one tends to forget that India is a very young society. We were liberated only 66 years ago from almost a century of foreign rule. But in just 6 decades we have made remarkable progress.
But having said that we can't just wait for things to become better. There needs to be someone who has to take the first step, who needs to be in the front of the formation, those people may not win the war but they lay the foundation for it. I believe just complaining about the system does not help.
The "system" here is extremely harsh, byzantine and dangerous.
Satyendra Dubey, an IIT-K grad, died because he was exposing corruption in the golden quadrilateral infrastructure project.
My Ex-bosses who returned to India from the states to found a startup, were greeted by local MLAs who wanted a cut to allow them to enter the new premises. (They gave the MLAs the figurative finger and had to find alternative arrangements.)
If you want to complain about laws and regulation, India is the stuff of legend. Recently the way service tax is calculated was overhauled. Hoo boy.
We have an issue with the grey/unregulated economy. Small scale businesses, think a little guy in a village which is up and coming starting a rent-a-car business, often don't pay any tax.
Since the GoI can't go after them, its going after people who use these services. Firms now pay their share of Service tax on services received. They also must pay the portion of Service Tax the service provider is supposed to, and apply for a refund. And if the rent-a-car group doesn't have a Tax ID number, well - you wont be getting the refund then. (essentially this is to force people to register) That's just one clause of the Service Tax Act.
Then there is the work culture, and the strange tendency of people wanting to be philosopher lords.
I do not say its not doable - it is. Every day people manage it, but it must be made clear, that getting people back maybe one thing, they also need to be able to maneuver, finagle, and bull their way through a jungle of difficulties. We need Frontiersmen, more than we need Entrepreneurs.
India's problem is 700 Million people are fighting to survive.Its insane, the best brains leave the country and the looters loot as much as they want, its the brain drain causing so much damage.Imagine a family left to die for itself because all the family worked hard to get their son engineer,now the engineer turns around and says thank you.I got to go, I cant provide for the family,I have to live my life.
I will say open letter to all the ivy league univ's come solve world problems because you claim you are the best. Dont turn around and say its government problem.
This world needs a better human race with conciousness, there are over a billion people without food n water.
Most of the point the author is trying to drive that point not nationalist idealogy.
The graduates are India.
Speaking from a sheer utility point of view, this is not a best case scenario. From a Libertarian view, people are following incentives and making their choices, but its obvious an imbalance is being created.
This imbalance may be unglamarous and solutions to it non-fundable, but it is one that MUST be addressed.
Generationally speaking, I'm not even that far removed from India. Maybe I have an existential debt to pay? Regardless, this open letter reaffirmed a notion that has been lingering in the back of my mind for some time: the big problems, the ones truly worth fighting for, can only really be found in places less fortunate. The $64,000 question is whether or not I can cultivate the necessary courage.
On another note: the letter also casts an interesting light on the role of elite institutions, or on anyone in a position of power really.
Again, contrary to what the letter might suggest, studies have shown that every IITian creates about a hundred jobs[2]. Unlike most technical institutions in India, IITs have startup incubation centers in the campuses which give funding for ideas based on sound business models.
Anecdotally, I do come across a lot of IITians in the startup space who claim to have the idea for the next Instagram or Facebook. But, I am happy to see that today IITians have embraced entrepreneurship compared to the brain-drain scenario several years back.
I only wish that brilliant students from other technical institutions had the same unenviable opportunities that an IITian has.
[1]: http://www.quora.com/Which-companies-startups-have-been-foun... [2]: http://www.rediff.com/money/2008/dec/11iit-every-iit-ian-has...
IITs are way overrated in my honest opinion. Sure, they are good, but not by any means the only hope for a true innovative society in India. True innovation comes from the ground up and solving real life problems. Most of the people from IITs I've seen are very elitist and have no interest in at least working for Indian companies, let alone usher in a new era of hope and change.
Having said all this, a lot of start ups are bubbling in India. Maybe a few years down the line, doing a safe and legal software business would be as profitable in India as in the States even for the middle class.
Consider the case of flipkart. If flipkart, at some point of time decides to not provide free shipping, then people won't buy from flipkart. They are ready to go to some local shop and buy the same thing, grossly ignoring the time they spent in doing that.
Having gone through the campus hiring process, I saw none of the Indian companies investing in something like interviewstreet for their hiring process. Most of the Indian companies asked you to write code on paper or answer multiple choice questions. They are not ready to take into account the logistics that has to go in to have such a system which would have costed the same as using interviewstreet.
Hence most of the Indian companies are mostly incorporated in the US, and the engineering is done in India. When Indians realize to pay for something that is valuable, then there might be some change in the startup ecosystem here.
I fully agree. There is no concept of inherent value of time because it isn't quantifiable. I saved 1 hour by paying $5 to get it shipped, so what? What am I going to do with that one hour anyway? I don't have any hobbies that I find more valuable than the $5 I saved. I would just end up watching TV. I will not think of the discomfort it causes me to travel by public transport, or the operating cost of my personal vehicle (it seems that fuel is crazy expensive there nowadays!). Plus, if I go out to get that, it doubles as an outing too.
Obviously the 'I' above isn't me but the average mentality that I have come across.
This resonated with me. I took the liberty and made some kinda-minimalistic-style wallpapers for myself, if anyone interested, here they are: http://imgur.com/a/cXMf6 If you're not comfortable with this, just leave a comment and I will take them down. Cheers.
I have a lot of respect for Indian IT workforce, having worked closely with Indian RnD at my previous company. I think nobody disputes Indian contribution to IT sector be it in US or anywhere else for that matter.
But coming across statements like above, I often shake my head amused. I've even had conversations with people who tried to convince me that it's the Indians behind all US's success in CS/IT and that it's the Indians that are powering Microsoft and NASA, and what not, you name it. Coming across statements like that I've wondered do they really believe that or is it just blowing smoke...
A) Some people who make these statements are asking questions from a talent perspective - i.e. "if these guys are good enough to solve hard problems in the US, why can't they put their skills to use in India?". This is a valid question, with a multi-faceted answer. By and large it comes down to "They can, but it's really hard because... <various issues>".
B) Some people who hear these statements co-opt them into their own semi-jingoistic quasi-xenophobic narrative of a land of geniuses of time immemorial being held down by various modern external forces. They see it as just another factor.
I suspect this author is from category A. This is a very valid question and I know TONS of people (not just the youth) working hard to try and break these issues. Entrepreneurship in India is hard, and trying to cut it without 'influence' is almost impossible. We have many problems and this is just one of them. People are working across the board to solve many of these problems.
Unfortunately, people from category B are a very vocal lot. You're very likely to have run into them because their opinions are abrasive and they stick with people. Shake your head at them and move on - They just crave attention. Or if you want to have some fun ask them about how we invented zero - it's their favourite topic.
India's problem is 700 Million people are fighting to survive.Its insane, the best brains leave the country and the looters loot as much as they want, its the brain drain causing so much damage.
Why they are able to do so much corruption? Is it not brain drain, because the good guys are retiring and the next lot are leaving the country.
Its taken a dangerous turn these days with corruption in the range of 100 billion dollars,people will die in millions because they cannot afford food in a decade,(think food subsidy corruption),they cannot afford gasoline (high prices),they cannot travel , they cannot eat , do you think the less privileged will survive? If this continues for too long,you can imagine the plight of poorest of the poor.
The core problems india or for that matter world is facing of hunger/human trafficking/arms race/drug trafficking ....these are the problems.
Try to solve these problems ivy league univ guys, then you can claim you are the best lot of us.
We have this amazingly intelligent lot who dont care about how the world suffers, I question the rationale of not solving big problems if you are from big ivy league university.
We are better human race than we are displaying , kindly come forward and save the millions.