Umar Saif rationalizes why becoming an entrepreneur makes darn good sense!

July 27, 2009 at 11:21 pm 6 comments

umar saif and ja having a laughDr. Umar Saif Associate Professor at LUMS, and well known for startups such as Bumpin, Chopaal, Seenreport and Findalong.com, happened to be in Karachi the day of the rains. I couldn’t miss the opportunity of dragging him onto the set of ITLoW and just chatting with him.

Since ITLoW has already interviewed him about his startups, he asked quizically what we would talk about. I was very vague because, to be honest, I didn’t know what I would ask him. But I needn’t have worried.:)

We just had to sit down and get started, and before we knew it, the interview had gone on for an hour. Umar and I talked about how we could motivate more young people into heading down the entrepreneurial route, why it was important that they experiment and try something of their own earlier rather than later. We also talked about the hard work that goes into becoming a successful entrepreneur, that not everyone has what it takes to be one.

But, as Umar says, if you do have that bug, and you do become an entrepreneur, you have the opportunity to make aumar saif on the set of ITLoW much greater impact on society and you certainly have more of an opportunity to create wealth and make a difference. If you do the math, if you think about how much more interesting an entrepreneurial existence can be compared to most jobs out there, then maybe – just maybe – you might decide to take that first step toward starting your own business.

Umar and I also talked about the lack of trust deficit, the inability of most companies to form partnerships and create bigger markets for themselves, the synergies that exist that are not being capitalized upon.

Dr. Umar Saif is frustrated that more kids are not going into research. It is certainly needed but unfortunately it is not considered glamorous enough. There is just so much awareness that needs to be created, so much counseling that has to be done. However, we are taking strides – one step at a time, sometimes more.

This is part of of a two part series. Do go eavesdrop on my conversation with Umar Saif and let us know what you think. You could disagree with us if you like as long as you do it without hitting us on the head with a cricket bat! ;) I thoroughly enjoyed conducting this interview and I do hope you enjoy watching it.

Watch out for Episode 2 on Friday July 31st on the CIO Webstudio.

Entry filed under: Posts. Tags: .

P@SHA announces seminar with seasoned entrepreneurs from Silicon Valley Conversation with Umar Saif continues on ITLoW

6 Comments Add your own

  • Umar Saif rationalizes why becoming an entrepreneur makes darn good sense!…

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  • […] This cup of tea was served by: In the Line of Wire […]

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  • 3. Fariha Akhtar  |  July 29, 2009 at 8:34 am

    :O You did TWO whole episodes with Dr. Saif here in Karachi without telling me!!!!!! I’m not going to talk to you now..never ever again (until of course u get me McFlurry :$)

    Havn’t yet watched the episode, will do it as soon as my darn internet starts working at home :S but reading the post, would certainly agree with Dr. Saif that we need to tell kids that “research” is also one direction that you can move in and more importantly u’ll not really starve to death if u research. Also, academia is not the only place that you are left to work in once u get into research. Research can very well be used and should be used to introduce innovation in industry as well but for that as I always say, we need more industry funded research projects perhaps!

    Reply
  • 4. Jehan  |  July 29, 2009 at 11:17 am

    Sorry Fariha. I knew you would be upset. In fact I told Umar that several of his fans would kill Rabia and me for not informing them that he was in town.

    The problem is that Umar is always here for such a short visit and usually has professional obligations/meetings. I caught him on that day that it rained so hard in Karachi. I was thinking of all of you when I interviewed him. These two episodes are for you guys.

    Am I forgiven? Okay okay I will also get you a McFlurry. :)

    Reply
  • 5. Awais Naseer Keyani  |  July 29, 2009 at 11:45 am

    Dr. Umar is really “The” man!! I fore see his incubator idea evolving into a big VC firm.

    And you guyz already know about my views about See’nReport and Choopal, they are really going to be million $ businesses!!

    Reply
  • 6. MisbahUddin Abdullah  |  October 26, 2010 at 10:20 pm

    Those who are unable to watch the interview either due to shortage of time or other issues, may go through my blog where I have summarized this interview. Here are the links

    http://misbahuddinabdullah.wordpress.com/2010/10/26/dr-umar-saif-reveals-the-success-formula-part-1-of-2/

    and

    http://misbahuddinabdullah.wordpress.com/2010/10/26/dr-umar-saif-reveals-the-success-formula-part-2-of-2/

    Reply

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