The Center for Entrepreneurship and Innovation Development (CEID) at DSU has been proving virtual incubation and mentoring services to DSU community as well as budding entrepreneurs outside DSU. “Entrepreneur’s Den” (ED) is one such startup that has been groomed/mentored under CEID.
“Entrepreneur’s Den” (ED) is headed by Mr. Asad Ayaz Ansari, an energetic and passionate youth of our society. ED is purely a youth led non-profitable & non-political association providing a platform for Entrepreneurial development within our society at large. ED is on a mission to create a learning environment for aspiring entrepreneurs by bringing in experiences of successful entrepreneurs. Hence, ED aims to create a pool of leaders who can support the economic system of the country by their unfailing determination to learn.
ED has recently achieved a milestone and has collaborated with Rotary Club Karachi for promoting Entrepreneurial services for the youth and formed “The Rotary Club of Karachi Entrepreneurs” (RCKE). RCKE is an extended club under the Rotary Club of Karachi that is affiliated with Rotary International. The organization aims to bring together business and professional leaders to provide humanitarian service and to advance goodwill and peace around the world. It is a non-political and non-religious organization open to all.
As the journey of a startup is never smooth. Despite seeing many ups & downs Mr. Asad remained consistent and under the umbrella of “Entrepreneur’s Den” have successfully organized many Entrepreneurial activates within their one year journey. Moving ahead Entrepreneurs Den, recently achieved a milestone and has collaborated with Rotary Club Karachi for promoting Entrepreneurial services for the youth and formed “The Rotary Club of Karachi Entrepreneurs” (RCKE). RCKE is an extended club under the Rotary Club of Karachi that is affiliated with Rotary International. The organization aims to bring together business and professional leaders to provide humanitarian service and to advance goodwill and peace around the world. It is a non-political and non-religious organization open to all.
To celebrate this milestone DSU-CEID celebrated their “Charter Installation Ceremony” on 13th October, 2020. The ceremony was attended by leading business tycoons like: Hamza Tabani (CEO Tabani Group), Abdullah Akhtar (Chairman, Schole International Academy), Prof Dr. Farhan Essa (CEO, Essa Laboratory and Diagnostic Centres), Mirza Ishtiaq Baig (Vice President, Baig Grop), and Ambassador Jamil Ahmad (Former Ambassador UAE), Junaid Naqi (Vice President, KATI), Syed Turab Shah (Chairman, AZB Global Trade) who inspired and imparted their wisdom to young minds through enlightened discussions. The ceremony was covered by Radio Pakistan, Karachi, and Daily Ausaf.
The esteemed panelists discussed the challenges that a young entrepreneur face when they want to make their way in the business world and what are the necessary measures that they should take to overcome those obstacles.
Mirza Ishtiaq Baig emphasized that how important it is to have a specialized team when you want to start your venture. He said, “Most ventures fail as they lack team development. You cannot hire an unprofessional in your team, even though he’s your relative.”
Abdullah Akhtar was asked whether a person is an inborn entrepreneur, to which he replied,” You learn with time and though it’s something that a person has in itself, you cannot discourage anyone who wants to start their venture.”
Prof Dr. Farhan Essa advised the youth to take an active part in community service and make sure you spread happiness where ever you get a chance. Sharing his involvement in this direction he mentioned that, “We run an organization with the name ‘Make a wish’, the prime objective of this organization is to fulfill the wishes of children having terminal diseases. We recently organized a meet up of Engin Altan Guzyatan with two children who are fighting with cancer. I’ll like to encourage youngsters to be a part of such activities.”
The role of female entrepreneurs became a hot part of the discussion on how they have changed the corporate world, and now making mark in the entrepreneurial ecosystem. The country needs their input and hard work to lift the status of the country across the globe.
The panel appreciated CEID and it’s hard work to change the core of studies from a conventional way to an entrepreneurial mindset where engineering and management students are jointly engaged in developing entrepreneurial projects that further turned into successful business.
The recent plan of setting an Incubation Center in the vicinity of DSU was applauded by the guests where students would be allowed to use the services free of cost so that they can settle their business with ease.
Along with this, the Rotary Club of Karachi Entrepreneurs under Rotary International held their oath-taking ceremony, where young enterprisers solemnly swear to work for the betterment of the entrepreneur’s sector in Karachi and Pakistan.
A journey that started with a single step is now taking leaps and bounds on a path to success. We wish Mr. Asad Ayaz Ansari success in his future endeavors.