“It used to be thought that the events that changed the world were things like big bombs, maniac politicians, huge earthquakes, or vast population movements, but it has now been realized that this is a very old-fashioned view held by people totally out of touch with modern thought. The things that change the world, according to Chaos theory, are the tiny things.
Before I start expressing myself in this highly opinionated article about “Ed-tech” landscape of this country and the hype created by these companies, let me give you some numbers that are published by MHRD, the ministry responsible for the Indian education system.
As per MHRD report of 2016 (yes, that’s when they counted last for enrolment in Indian education system), India has more than 260 million students.
BJP (Bharatiya Janata Party) got an astounding victory with majority (282 seats) in Lok Sabha 2014 elections (Parliamentary Elections )of India. This was an unprecedented victory of any political party in India in the last 30 years or so. Indian Parliamentary elections (also known as Lok Sabha elections) has 543 seats that go for public voting.
Child malnutrition is a big blot in India’s growth story. While the world is lauding India for its growing economy, bold reforms and hordes of investors are drawn towards the world’s second largest emerging market due to its population dividend, India is fighting an internal battle to control child malnutrition and provide a healthy growth to every child.
Talk to anyone in the senior management including the CEO, CTO, Sales head, Engineering head , & everyone else and they’ll define the problem statement, create the requirements, propose a solution, design and detail out implementation specifics and even create a multi-phase release plan in less than an hour. All of this gets done for a product feature that the customers themselves are not even sure whether they need it or how they are gonna use it ?
Whenever I discuss ideas about education platforms, about ed-tech companies or anything related to education sector in India, the foremost thing that is mentioned by everyone is “Dude !!! Indian education system sucks …” . So, like all other tech guys, a couple of years back, my natural tech instinct poked me to google “Problems with Indian Education System” (Go ahead, you can google it now also.
Alright! First of all, the term Coffee Budget is not a standard term. I coined this term in context of Entrepreneurship and Product Management. In my entrepreneurial journey of 5 years or so, I have met hundreds of people that include other fellow entrepreneurs at similar level as mine, the beginners, founders of successful startups, Angel investors, VCs of almost all shapes, sizes and stages, advisors, mentors, corporate big wigs or senior management officials, govt.
So, you are a tech professional (software engineer or anyone from tech industry). You have written code, managed teams and got promoted as the number of years kept adding up in your professional life. But now, after many years of experience, you believe that you should make a transition to something better.
So, you have been thinking about MBA for quite some time now ? Suddenly you have noticed that so many people around you are pursuing MBA and then, everyone is changing career options or hopping jobs to get a better profile. You have also started thinking that you are getting limited in your current organization and you need to do something like an MBA to grow further.