Entrepreneurship - without Side Effects
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Entrepreneurship - without Side Effects

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These slides were the part of talk delivered by Ashwini Rath at IIT Kharagpur on October 23, 2011

These slides were the part of talk delivered by Ashwini Rath at IIT Kharagpur on October 23, 2011

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Entrepreneurship - without Side Effects Entrepreneurship - without Side Effects Presentation Transcript

  • Ashwini Kumar Rath http://ashwinirath.com
  • When you succeed, people write about you.If you fail, you can write a book with yourown story.
  • It’s a decision.
  • “Never discuss with an ice-cream bar in yourhand! You will either loose ice-cream or both,but can’t retain both.”
  • “An entrepreneur is like a person who standson a cliff and flies kite.”
  • An entrepreneur can start with almost zeroinvestment. It can even be smaller than that isneeded for a vegetarian meal in a five starhotel.
  • First Customer &First Revenue
  • We focus on our core expertise and team upwith people beyond that. If team sync,capability multiplies; else radically worse thinghappens.
  • Challenges come anytime, and require us tosacrifice one thing over others. It is all aboutbalancing your priorities at that moment.
  • The customer may not be aware of our cultureor our festivals. It may lead to a mini-warbetween civilizations.
  • When we become our own boss, we loosenup; and the very venture is deprived of ourrightful contribution.
  • Fame is fickle.
  • Both wealth and knowledge are democratic.
  • Globalization The New World Unification Economic Changes
  • Don’t undermine barbarians! Their parts of theworld also change like ours.Need for a flexible world view.