ibn entrepreneurship - rama

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Courtesy of National Geographic

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Page 1: IBN Entrepreneurship - Rama

Courtesy of National Geographic

Page 2: IBN Entrepreneurship - Rama

Courtesy of Jenny's Sandcastleshttp://www.jennyrossen.com/sandcas.html

Page 3: IBN Entrepreneurship - Rama

Natural Resources

and/or

Human Resources

and/or

Capital

EntrepreneurIdea

Execution

Perseverence

Value

Product/

Market

Fit

+ =

Page 4: IBN Entrepreneurship - Rama

Entrepreneurship for Life

@ramamanusamaCo-founder/CEO @criticube, @olibolapp

Page 5: IBN Entrepreneurship - Rama

NL2008 4%

2012 7.9%http://www.dutchnews.nl/news/archives/

2012/07/graduate_unemployment_rate_dou.php

Indonesia2011

30%http://english.people.com.cn/9

0001/90777/90851/7284664.html

Page 6: IBN Entrepreneurship - Rama

Unemployment shows an imbalance between job seekers and job creators

This is why entrepreneurship is important, this is an initiative to create jobs for ourselves and others

http://www.kauffman.org/research-and-policy/the-importance-of-startups-in-job-creation-and-job-desctruction.aspx

Page 7: IBN Entrepreneurship - Rama

Entrepreneurship involves the joy of building things ourselves and contributing to the society

Sounds romantic...

Page 8: IBN Entrepreneurship - Rama

Full Time EntrepreneurCriticube & OlibolAspiration pushes one to take action

2012

Quarter life crisisIs this what I want for my life?

Strategy InternRBS Amsterdam

Assistant Business Group ControllerDSM

2009

2009

2010/11

MSc Finance and InvestmentErasmus Universiteit Rotterdam

2008 BSc International Business AdmErasmus Universiteit Rotterdam

Page 9: IBN Entrepreneurship - Rama

Fears preventing peoplefrom becoming entrepreneurs

Page 10: IBN Entrepreneurship - Rama

Most fears are likely to be risk related

Risk can be minimized and managed

Strip your business idea to the core Test your market and iterateIdeas?

Page 11: IBN Entrepreneurship - Rama

From commitment to growth

SelfCommitment

StartupPhase

Growth

Aim:Vision, idea

generation

Identify opportuniti

es

IdeationPhase

Aim:Validate productmarket

fit

BusinessPlan

Page 12: IBN Entrepreneurship - Rama

Iteration

CriticubeSocial knowledge platform

OlibolOrganizations can quickly and cheaply create a

data management

Learning

Page 13: IBN Entrepreneurship - Rama

Romantic idealism is somewhat important to maintain a high fighting spirit

Reality

Page 14: IBN Entrepreneurship - Rama

Don't be afraid to fail

It is part of the learning process

Page 15: IBN Entrepreneurship - Rama

Important reads

Startup Owner's Manual - Steve BlankLean Startup - Eric Ries

Art of Start - Guy Kawasaki

Page 16: IBN Entrepreneurship - Rama

Don't just stare at the starsTake actions to reach them

Page 17: IBN Entrepreneurship - Rama

@olibolapp@criticube

@ramamanusama