Understanding the Entrepreneurial Mindset

Opportunity Found

Two Questions

How do entrepreneurs recognize opportunities?

How do entrepreneurs recognize opportunities?

How do they pull it off?

Wisdom and insight straight from the source

Module 1: Principles

What is entrepreneurship?

Entrepreneurship is not management

What is an entrepreneur?

QuickTime™ and aH.264 decompressor

are needed to see this picture.

What does it take to become an entrepreneur?

Create the future

Risk vs Reward

"Imagination is more important than knowledge”

-A. Einstein

Module 2: Paradigm

Organizational Paradigm:Origins and Outcomes

Organizational Mindset

Thank God It’s Friday

Shift Happens

The Entrepreneurial Paradigm:Origins and Outcomes

The Entrepreneurial Mindset

QuickTime™ and aH.264 decompressor

are needed to see this picture.

Thank God It’s Monday

Old Paradigms Die Hard

Assumption of Complete Knowledge

Module 3:

Opportunity Found:An Entrepreneurs Perspective

Fundamentals of Value Creation

A Solution in Search of a Problem

An inside-out perspective

"The market doesn't give a damn about you."

-David Morgenthaler

Hope is not a strategy

It’s not about us…

EQ vs IQ

“Seek first to understand, then to be understood.”

- Steven Covey

Know thy customer

QuickTime™ and aH.264 decompressor

are needed to see this picture.

Know thy self

The maze

Problems are opportunities

Opportunity assessment

$

time

12

3

revenue

expense

Can we make a product?

Can we get a few

people to buy? Can we get lots of

people to buy?

Seed/pre-seed

Founders

?

Capital

Mgmt

Early stage/ Angels

Growth/VC

Founders/Prof Mgmt

Prof. Mgmt

Basic financial aptitude

Scalability and growth potential

Objectivity

Enthusiastic and somewhat inexperienced

Module 4: Approach

1. Growth mindset- internal vs external

locus of control

2. Win X the big brother alliance

QuickTime™ and aH.264 decompressor

are needed to see this picture.

3. Social intelligence networking

QuickTime™ and aH.264 decompressor

are needed to see this picture.

4. CreativityFinding Solutions for Everyday

Problems

5. Intuition The power of thinking without

thinking

6. Willingness to embrace change

Curiosity is required

7. Tolerance for uncertaintyIrreducible uncertainty

QuickTime™ and aH.264 decompressor

are needed to see this picture.

8. VisionTapping the power of

human potential

QuickTime™ and aH.264 decompressor

are needed to see this picture.

QuickTime™ and aH.264 decompressor

are needed to see this picture.

9. AgilityOpportunistic adaptation

QuickTime™ and aH.264 decompressor

are needed to see this picture.

10. Focus and executionFacing your fears

11. Persistence and determination

A positive approach

QuickTime™ and aH.264 decompressor

are needed to see this picture.

QuickTime™ and aH.264 decompressor

are needed to see this picture.