Risk in recession: February 26, 2009

You can't talk entrepreneurship without talking Ahmedabad. And you can't talk entrepreneurship without taking into account the universal bane -- recession. What's a young, aspiring entrepreneur from Ahmedabad ought to do, and not do, in times like these? Prof. Rakesh Basant, IIM-A faculty in economics, agreed to help out. The interactive talk was supported once again by the lion-hearted Leos. Different perspectives were welcomed -- Leo Anurag Wakode spoke about the plight of the middle-class whereas entrepreneur Nadeem Jafri talked about his problem where certain companies refused to give supplies because his mart was in a ‘dangerous’ locality (the Muslim ghetto Juhapura), compelling audience members to look at the problem of 'red zones' and the issue of risk in entrepreneurship for some communities, irrespective of recession.