3. Any Idea that you take up – irrespective of
what the world believes is – you have to see it
through…
Chetan Maini – Reva Electric Car Company
4. “People take up jobs and remain satisfied
with it because they do not know their
capabilities…. You do something and then
gain the confidence”…..
Kunwer Sachdev – Su-kam
5. The good thing about entrepreneurial job is
that it is constantly changing. I cannot
imagine being in a fixed job where the specs
never change…..
Sunil Pophale – Fem Care Pharma
6. Instead of another vacuum cleaner which looks
like a spaceship why not a hi-tech jhaadu
suitable for Indian homes…..
Abhijit Bansod – Studio ABD
15. Accurate thoughts:
Your thoughts are servants of your will,
accurate thoughts will lead you achieve your
goal.
16. Persistence:
It is not the man who merely “Starts” a thing
who succeeds! It is the fellow who starts and
who finishes in spite of hell!
17. Learning from Failure:
FAILED
Lessons Learned from failure
18. Entrepreneurship is a mindset which are
• Opportunity focused
• Innovative
• Growth oriented
19. A great Idea that leads to a family of ideas
- One Idea may not be adequate to build an
organisation.
- Building a company is not like planting one
giant tree, it is about creating an entire forest
some day…
Solid Implementation
20. Example of Airline Industry
Example of Fast Food Restaurant
21. VOLVO India: Back in year 2001
• How they entered the Indian market?
• Their strategy
• Their target customers
• Their challenges
• The opportunities
• Be the change
22. Entrepreneurship is influenced by four
distinct factors:
Economic Factor
Culture
Technology Development
Education
23. Businessman: A person who carries out
activities related to commercial and industrial
purposes, for making profit on the capital
invested. He sets up his business as a new
entrant in the already existing market.
Entrepreneur: An entrepreneur is a person
who conceives a unique idea or concept to
start an enterprise and brings it into reality.
He is the person who bears risks and
uncertainties of the business.
24. A businessman walks on the defined path
An entrepreneur believes in making his own
path, which becomes a guideline for other
businessmen
Organise: Structure, manage or to meet a need or to pursue collective goals.
Manage: Organizing, planning, leading and controlling resources within an entity with the overall aim of achieving its objectives.
Assume Risk: Risk of career, personal finance and mental health at stake and even the risk of team members and partnets.
An entrepreneur is an initiator, a challenger and a driver. Someone that creates something new, either an initiative, a business or a company. He or she is the beginning (and sometimes the end) of a venture, project or activity. The entrepreneur might not be the ideator, but he or she is definitely the one that decides to make that idea a reality.
The entrepreneur is the person in charge, the leader and the person to look to for leadership. He or she is the one that pushes forward and inspires a team to follow. The entrepreneur is the one that sits in the driver’s seat, and has the ability to change direction, accelerate, slow down or even stop a venture.
The entrepreneur is the ultimate responsible for the destiny of its venture, which can be a company, a project, or any other endeavor. The entrepreneur is the one that has the highest stakes at the venture, thus the one that needs to be empowered to fully direct the endeavor.
Any idea which could lead to many ideas for building an organisation, which could serve/sell for longer period of time. It is about to think of the way things might change in the next decade or two and chances are that in thinking backwards fro the future, your great idea will emerge.
Entrepreneurs get ideas while visiting tradeshows or attending industry events, sometimes while networking with other entrepreneurs and venture capitalists, sometimes by reading up reports on global trends and sometimes by visiting research institutions and sometimes by asking why and often, why not….
Execution is very important for an organisation to succeed. How different you are, why should your customers love you, why people love to work with you….