entrepreneurship life cycle
DESCRIPTION
An interesting perspective on the life cycle of an entrepreneur. A new way of looking at classification of startup Ideas!TRANSCRIPT
EntrepreneurshipThe core belief of capitalism!
The Entrepreneurial Life-cycle
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The Child
Why I do what I do?
Is this the life I soughtMaybe……maybe not.
Anonymous
What governs my choices; passion or peers?
The Entrepreneurial Life-cycle
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The Child• The child lives in all of us
• The child asks a lot of questions
• The questions are tough, disconcerting…
Do we nurture the child or kill it?
The Entrepreneurial Life-cycle
Dell
Newton
Branson
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The AdolescentWhat if I could do this…or that?
Ideas are like babies.Fresh, naïve and fearless!
Anonymous
What if I could do what I want to do…all my life?
The Entrepreneurial Life-cycle
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The Adolescent• The adolescent is an idea-machine
• The adolescent is a dreamer
• The adolescent is a visionary
So many ideas. Is the confusion good?
OOO
The Entrepreneurial Life-cycle
Edison
Steve Jobs
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The TeenagerLet’s try it out!
Choose the life you want to live?• Feel no pain
• Dance in the rain
Risk what risk? It is so much fun!
The Myths
The Entrepreneurial Life-cycle
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The Teenager• The teenager is the innovator
• The teenager is the adventurer
• And nothing else matters…
OOO
The Entrepreneurial Life-cycle
Branson
Welch
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Forever young!This is my dream. That is my road!
Life is but a game, however, in this game therules are not revealed until well into the game;and then, to only those courageous enough toseek them. Ryan P. Allis
The road is tricky but I know the pebbles and potholes!
The Entrepreneurial Life-cycle
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Forever young!• He knows what he can do
• He knows what he needs to learn
• He aims for the stars but knows the distance
The Entrepreneurial Life-cycle
Mahatma Gandhi Harsha Bhogle
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entrepreneur: Who is he?• An idea becomes an obsession
• You know the goal and have planned your way
• You know what you are leaving behind
The Play-ground
The Trade-off
The Risk
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the myths• It is a short cut to getting rich
• I am my own master
• It is about running my own business
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the myths• A great idea = A great business
• You should have a management degree
• Formal education is of no help!
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the million dollar idea!Don’t be afraid of ideas!
The way to have a good idea is to have lotsand lots of them.
Having ideas is easy. Having a good one is difficult!
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ideas: the three cousins!She’s rareShe weds the intellectual mindYou’re lucky if you get her!The world will pay for your marriage
She’s quite common
She makes many a millionaire
She weds the opportunistic mind
You’ll have to convince people to pay for your marriage
She’s rare
She weds the rich and rebellious mind
Absolutely no one is going to pay for your marriage
The Break-though
The Eccentric
The Better
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is it a profession?
I wanted to be an editor or a journalist, wasn't reallyinterested in being an entrepreneur, but I soon found Ihad to become an entrepreneur in order to keepmy magazine going.
Richard Branson
A perspective! A skill!
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is it a job?Don’t waste your life working for moneyMake your money work for you!
Robert TiyosakiEarning money does not make you rich.How you spend it does!
Robert Tiyosaki
A way of life! A way to think!
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is it a choice?If I would be born again, I would be an industrialist. Iwould complain because it is very hard work with noweekends. But I would still do it.
Sakip Sabanci
If today was the last day of my life would I do what I amabout to do today?
Steve Jobs
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I shall be telling this with a sighSomewhere ages and ages hence:
Two roads diverged in a wood, and II took the one less traveled by,
And that has made all the difference.
Robert Frost
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Thank you!
Saurabh Saxena
in.linkedin.com/in/saursax/
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