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Threshold India
For life, liberty and pursuit of entrepreneurship

    Presented at: Towards economic empowerment
              of Muslims (Beyond Sachar)
       Hotel Taj President, Cuff Parade, Mumbai
                  December 17th, 2011


      Shahid Parvez Sayed, MBA, MSCE (USA)
             Email: Shahidsayed@gmail.com
What is Threshold India?
Threshold India on youtube:
The Muslim Story
• MJ Akbar says Allah has assured the survival
  of Muslims by either giving them Oil or a
  majority Hindu population
• Examples: The Indian constitution, Democracy,
  and recently Sachar Committee
• Time to look beyond reservations
• Example: Let’s accept: Without the Hindus there would
  not have been a functioning democracy in India, however
  corrupted it may be.
Who we are?
•   Piyul Mukherjee – Entrepreneur and philanthropist
•   Pia Verbic - Market Research entrepreneur from Denmark
•   Rashmi Bansal – Best selling author
•   Dipti Panchmatia – Entrepreneur
•   Manoj Nayak - Entrepreneur
•   Shahid Sayed – Entrepreneur

• (Ps: Notice something amiss? How many Muslims in the list?)
What we try to do
• Inculcate a culture of curiosity aka
  entrepreneurship
• Get in touch with your God Gifted Talents
• Display Ethical behavior at all times
• No Lemmings allowed
• Give permission to Fail
• Encourage teamwork
• Follow family schedules while participating in our
  programs – no rebellion here
Experiences so far…
• The Good: Mostly with students
• Example: (a few student businesses grew out of TI workshops)
• The Bad: Mostly with administrators
• (Example: Could you bring Shabana Azmi as the chief
  guest?(Bollywood freaks are in plenty)
• The Ugly: Banias masquerading as
  administrators / “Poorane Chawal”!
• Example: (Anna Hazare would love this Principal of a College
  who demanded money for giving me permission)
Let’s Face it…5 ways to make money!
•   Inherit
•   Win a lottery
•   Be a renowned artist
•   Marry a rich spouse
•   Start a business

• (Ps: In our youth we are so idiots, that we don’t think
  marrying a rich spouse is even an option!!) 
Required…
• Entrepreneurial eco-system
• Culture of Curiosity (COC) and ijtihad
• Volunteerism
• A facility with computer rooms, conference
  rooms and library devoted entirely for business
• Some pro bono attorneys for licensing and
  registration requirements
• The brave hearts
And off course Money?
•   Many routes
•   VC Funds
•   No interest Govt. loans
•   Friends and Family
•   Qarze Hasna
The hurdles…
• Self imposed poverty
• (Example: Delay in having Sharia compliant stock trading in India – missed
  opportunities)

• Allah hates rich people
• (Listen to some speakers and you will develop hatred for your taxes paid
  bank balance + a lingering guilty feeling)

• The Mughal Mindset
• (Example: Days and Nights in Muslim mohallah – Aurengzeb still rules Dilli.
  Their day begins at 1 in the afternoon and ends past mid night. Mughal
  Durbar used to start at the almost the same time….
Its been a pleasure – Thank You!

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Economic empowerment of Muslims (beyond Sachar)

  • 1. Threshold India For life, liberty and pursuit of entrepreneurship Presented at: Towards economic empowerment of Muslims (Beyond Sachar) Hotel Taj President, Cuff Parade, Mumbai December 17th, 2011 Shahid Parvez Sayed, MBA, MSCE (USA) Email: Shahidsayed@gmail.com
  • 2. What is Threshold India? Threshold India on youtube:
  • 3. The Muslim Story • MJ Akbar says Allah has assured the survival of Muslims by either giving them Oil or a majority Hindu population • Examples: The Indian constitution, Democracy, and recently Sachar Committee • Time to look beyond reservations • Example: Let’s accept: Without the Hindus there would not have been a functioning democracy in India, however corrupted it may be.
  • 4. Who we are? • Piyul Mukherjee – Entrepreneur and philanthropist • Pia Verbic - Market Research entrepreneur from Denmark • Rashmi Bansal – Best selling author • Dipti Panchmatia – Entrepreneur • Manoj Nayak - Entrepreneur • Shahid Sayed – Entrepreneur • (Ps: Notice something amiss? How many Muslims in the list?)
  • 5. What we try to do • Inculcate a culture of curiosity aka entrepreneurship • Get in touch with your God Gifted Talents • Display Ethical behavior at all times • No Lemmings allowed • Give permission to Fail • Encourage teamwork • Follow family schedules while participating in our programs – no rebellion here
  • 6. Experiences so far… • The Good: Mostly with students • Example: (a few student businesses grew out of TI workshops) • The Bad: Mostly with administrators • (Example: Could you bring Shabana Azmi as the chief guest?(Bollywood freaks are in plenty) • The Ugly: Banias masquerading as administrators / “Poorane Chawal”! • Example: (Anna Hazare would love this Principal of a College who demanded money for giving me permission)
  • 7. Let’s Face it…5 ways to make money! • Inherit • Win a lottery • Be a renowned artist • Marry a rich spouse • Start a business • (Ps: In our youth we are so idiots, that we don’t think marrying a rich spouse is even an option!!) 
  • 8. Required… • Entrepreneurial eco-system • Culture of Curiosity (COC) and ijtihad • Volunteerism • A facility with computer rooms, conference rooms and library devoted entirely for business • Some pro bono attorneys for licensing and registration requirements • The brave hearts
  • 9. And off course Money? • Many routes • VC Funds • No interest Govt. loans • Friends and Family • Qarze Hasna
  • 10. The hurdles… • Self imposed poverty • (Example: Delay in having Sharia compliant stock trading in India – missed opportunities) • Allah hates rich people • (Listen to some speakers and you will develop hatred for your taxes paid bank balance + a lingering guilty feeling) • The Mughal Mindset • (Example: Days and Nights in Muslim mohallah – Aurengzeb still rules Dilli. Their day begins at 1 in the afternoon and ends past mid night. Mughal Durbar used to start at the almost the same time….
  • 11. Its been a pleasure – Thank You!