The InsideIIM Entrepreneurship Series – Interview with Vijay Prabhat Kamalakara, Founder – Storytrails

The third segment we work with is Corporate teams. We design and facilitate workshops on the use of storytelling at work for employees at various levels in an organisation.

Trekking through the Himalayas is a travel experience I most cherish. Beautiful landscape, stories that the sacred geography throws at you and a sense of adventure that stays with you throughout is to me a potent concoction.

Every place has its stories. It really doesn’t matter whether or not the place is significant culturally or historically. You’ll be amazed at how many interesting stories you will find in a crowded bazaar.

Frankly, there was no Eureka moment. It may have been more of a Eureka year during which time I spent a lot of time planning. While those plans may not really reflect the nature of our business today, I consider that time well spent and necessary for building on the idea that has since evolved into something much larger. This is not the first idea for a business that I have considered and at the same time, I have never been obsessed with the thought of having a business of my own. I started this venture because I truly believed this idea addressed a market need and had the potential to grow into a viable business.

I don’t think any particular qualification is necessary to start out on your own. Education is only as useful as you make it to be. Today my work straddles, tourism, education, training and theatre. My B-school education has not specifically trained me for any of these industries. But it has certainly given me a set of very useful generic tools and also widened my understanding of a whole lot of areas. It is hard to write off one subject or area as less important. But I can clearly identify that my interactions with my peers and fellow students were by far the best source of learning for me. I was quite active in Student affairs and that was a great learning ground too.

Consider the demographics and the stage our economy is in, and you’ll see India is a great place to start a new business. We all know things are not as efficient here as in many other countries. But I think that is all part of the deal. Find ways to overcome those hurdles, and you get access to a large market that is wanting to try out newer products and services.

Have patience. For most of us, our idea of a successful entrepreneur is the one who goes from rags to riches overnight. The reality is that most successful businesses are built over a period of time. There is no short-cut to perseverance. So be prepared mentally and financially to tide over a trial and error period, which in most cases is much longer than your business plans would suggest. Being open to change may sound clichéd but I can’t think of a more important ideal.  Listen to what your environment is trying to tell you, and be open to newer ways to define or conduct your business.

- As told to Prerna Lalwani

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