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The Real Life MBA - FoodSpot - The 9th Pass Entrepreneur

The Real Life MBA - FoodSpot - The 9th Pass Entrepreneur

Entrepreneurship has seen a steady rise in today’s time. It’s not only about making profits, but it is also a process of designing and crafting an enterprise that sustains in the long run and also has a value addition to the society. And it definitely is not an easy process. It starts with an array of uncertainties and challenges but it can only have three possible outcomes - one, it will take off and do really well; or two, it will not work and you will drown; or three, you will just manage it enough to make ends meet. As Robert Kiyosaki and Sharon Letcher put it in their book ‘Rich Dad Poor Dad’, “Starting a business is like jumping out of an airplane without a parachute. In mid-air, the entrepreneur begins building a parachute and hopes it opens before hitting the ground.”

Team InsideIIM
The Real Life MBA - Ice 'n' Rolls - Food Spot For Everyone

The Real Life MBA - Ice 'n' Rolls - Food Spot For Everyone

Mumbai, a medley of distinct cultures and an epitome of cosmopolitanism is also a haven for gourmets. The city houses some of the best restaurants in the country but what sets her apart is the quintessential “Street Food”. An array of delicacies and cooking styles offered on the bustling streets reflects nothing but the fact that the ever-burgeoning population of the city is always ready to experience the best foodgasm! Apart from the bustling central areas of the city, colleges are the best spots to find some of the most delicious quick bites.

Team InsideIIM
The Real Life MBA - ELCO Paani Puri Centre - The Man Who Sold His Paani Puri

The Real Life MBA - ELCO Paani Puri Centre - The Man Who Sold His Paani Puri

A mass migration was witnessed in human history in 1947. The partition of India saw many wealthy merchants from Pakistan being displaced to India through the Gulf of Kutch. Overnight, these merchants were left with nothing but their aspirations, a will to survive and to make a difference. One such family that crossed borders was the Bhagnani family. After coming to Bombay, the Bhagnani family gave birth to a son, Mr Mohandas Bhagnani, who would change the way middle class Mumbai consumed it's street-side chat.

Team InsideIIM
The Real Life MBA - K. Rustom's Ice Cream Parlour - The Unscheduled Halt For Ice Cream

The Real Life MBA - K. Rustom's Ice Cream Parlour - The Unscheduled Halt For Ice Cream

Ice Creams and Ice Cream Parlours have been an all-generation favourite for decades and decades. Our very own Aamchi Mumbai has seen the evolution of stand-alone ice cream parlours to multi-chain outlets. Baskin Robins from California, Gelato from Italy and Haagen Dazs from New York have continued what our friendly neighbourhood parlours had begun. Our neighbourhood parlours like Naturals and Apsara have themselves spawned franchisees all over the city and beyond. And In this age where we all scream Ice-cream for these modern formats, K.Rustom, a stand-alone, half a century old, ice-cream parlour has been able to not only sustain but has managed to thrive.

Team InsideIIM
The Real Life MBA - Britannia Cafe - Nostalgia On A Plate

The Real Life MBA - Britannia Cafe - Nostalgia On A Plate

In the early 1900s, commerce in the city of Mumbai was dominated by Gujarati and Parsi traders. The shops which were located on the corners of lanes weren't preferred by the Gujarati traders as they were 'Sinh-mukhi' or shaped like a lion's face, which was considered inauspicious in Hinduism. They preferred the non-corner shops as they were 'Gau-mukhi' or shaped like a cow's face - a very auspicious shape for Hindus. The corner shops were thus available for much cheaper rates and Parsis all over the city took up these shops and several of them were turned into Irani restaurants, a few of which have survived the advent of modernity.

Team InsideIIM
The Real Life MBA - Theobroma - Making Dough From Dessert

The Real Life MBA - Theobroma - Making Dough From Dessert

Team InsideIIM brings to you a new series called ‘The Real Life MBA’. There are so many successful entrepreneurs unheard of from whom we all can learn a few principles of management. There is definitely more to management than what we learn in B-schools. We at InsideIIM believe there are stories in every nook and corner. So we decided to hit the road and explore stories of some small-medium businesses and how they made it big without an MBA.

Team InsideIIM
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