The Faculty of Economics and Business, Universitas Gadjah Mada (FEB UGM) encourages the emergence of young student entrepreneurs. To achieve this, FEB UGM, through the Career and Student Development Unit (CSDU), organized the FEB UGM Pre-Incubation Business Program. One of the key events in this program is the talk show titled “Kick-off and Innovative Talk Pre-Incubation” for students, which will be held on Wednesday, October 16, 2024, at Djarum Hall, Pertamina Tower. The event aims to develop an entrepreneurial mindset and equip students with knowledge on generating innovative business ideas.
In his opening remarks, Vice Dean for Finance, Assets, and Human Resources, Suyanto, S.E., M.B.A., Ph.D., said that the pre-incubation business program is part of FEB UGM’s efforts to nurture young entrepreneurs. Hopefully, this program will bring about positive changes and boost the national economy. “We hope this program will produce many young entrepreneurs from FEB UGM,” he said on Wednesday (16/10).
Suyanto also mentioned that FEB UGM would provide business grants to student teams selected for the pre-incubation business program. These business funding grants are intended as a stimulus to kick-start the business development of the top three teams.
“Selected teams will receive an incentive of IDR 10 million per group to initiate their business ideas or startups,” he explained.
At the Kick-off and Innovative Talk Pre-Incubation, Christian Ivan Halim, Chief Marketing Officer of Sevenpreneur, shared his insights on entrepreneurship, the journey of becoming a founder, and the realities young entrepreneurs face. In his presentation, “Introduction to Founder’s Mindset and How to Generate Business Ideas,” Ivan explained that being a founder and building a business is not easy, nor is achieving success in running a business. “Successful founders understand that process is the key to success,” he said.
He also emphasized that the key to business is executing business ideas well. In addition, business development does not always have to be big or change the world. “The most important thing is to identify problems around you that you care about and then try to find a solution,” he added.
During the discussion session, Ivan emphasized the importance of building a solid and supportive team, as failures often stem from internal founder issues. He encouraged the students to think about product development and understand the bigger vision behind their business. Building a business is like sailing a ship – you need to know all the components, the final destination, the crew’s capacity, and how to achieve the desired outcome.
He also explained that an entrepreneur’s mindset is finding or creating a way. Running a business will always encounter time, money, or energy challenges.
At the end of his presentation, Ivan urged the students to turn their business ideas into reality instead of letting them remain in their dreams. Ideas can be cheap, but execution is what makes them valuable.
