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Entrepreneurship and the military
 

Entrepreneurship and the military

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Business has been borrowing vocabulary, strategy and innovation from great military thinkers for a long time. ...

Business has been borrowing vocabulary, strategy and innovation from great military thinkers for a long time.

This is because there is not much difference between the war room and a boardroom. The only difference is what is at stake.

http://futurebooks.com.sg/blog/entrepreneurship-and-the-singapore-military-event/3564

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    Entrepreneurship and the military Entrepreneurship and the military Presentation Transcript

    • Prepared for MINDEF.As of May 2012.WHAT CANTHE MILITARYLEARN FROMENTREPRENEURSHIP?
    • This is a sales forcewww.futurebooks.com.sg
    • This is a salesforce entering a new marketwww.futurebooks.com.sg
    • This is a PR campaignwww.futurebooks.com.sg
    • This is a mass email campaignwww.futurebooks.com.sg
    • This is a targeted email campaignwww.futurebooks.com.sg
    • This is guerilla marketingwww.futurebooks.com.sg
    • This is a company takeoverwww.futurebooks.com.sg
    • This i b i Thi is business borrowing from militarywww.futurebooks.com.sg
    • BOARD WARROOMwww.futurebooks.com.sg
    • YOUCANDO ITwww.futurebooks.com.sg
    • 50 PERCENT OFSSTART-UPS U SFAILQU QUITwww.futurebooks.com.sg
    • MILITARY HASENTREPRENEURIAL QUALITIESwww.futurebooks.com.sg
    • MILITARY HAVEATTRIBUTES Single-minded focus Resourcefulnesswww.futurebooks.com.sg
    • XBOX GAMEShttp://www.academiccolab.org/resources/documents/Game-Like%20Learning.rev.pdfwww.futurebooks.com.sg
    • MY TRUCKwww.futurebooks.com.sg
    • www.futurebooks.com.sg
    • www.futurebooks.com.sg
    • SUCCESSIS HARDwww.futurebooks.com.sg
    • www.futurebooks.com.sg
    • SOME SOLDIERSGO HOMEwww.futurebooks.com.sg
    • DO IT NOW
    • I’m an engineerwww.futurebooks.com.sg
    • Any time is a good time to start a companywww.futurebooks.com.sg
    • “MOVE FORWARD” GEORGE PATTONwww.futurebooks.com.sg
    • “DELAY IS DELAY KILLING US US” PRESIDENT LINCOLNwww.futurebooks.com.sg
    • “SCREW IT. IT LET’S DO IT” SIR RICHARD BRANSONwww.futurebooks.com.sg
    • OVER ANALYSIS Delay is killing uswww.futurebooks.com.sg
    • LEARN FASTER THANCOMPETITORS A result, positive or negative, is positivewww.futurebooks.com.sg
    • WHICH DOYOU PREFER? Perfect plan, executed in 6 months? A half plan, executed now?www.futurebooks.com.sg
    • ACTION VSCONTEMPLATIONwww.futurebooks.com.sg
    • PERFECTION VSEXCELLENCEwww.futurebooks.com.sg
    • RATE OFCHANGE  7 years        5 years   3 yearswww.futurebooks.com.sg
    • Globalisation hasfflatten barriers toentrywww.futurebooks.com.sg
    • ABUNDANCEOF CAPITALwww.futurebooks.com.sg
    • CLOUD GROWTHSINGAPORE 2011 IBM invest $38 million in a new Cloud Computing Data Centre C ti D t C t in Singapore Dell opens cloud solution center in Singapore Sihttp://www.cloudtweaks.com/2011/03/ibm-invests-38-million-in-singapore-data-center-to-address-asia-pacific-cloud-computing-needs/www.futurebooks.com.sg
    • SINGAPORE FUNDEDCOMPANIES Funded by Neo Tenylabs Funded by JFDI.Asia JFDI A iwww.futurebooks.com.sg
    • SINGAPORE IS INVESTINGIN ENTREPRENEURS Entrepreneurial history is being made dwww.futurebooks.com.sg
    • STARTSMALL,GO BIG
    • ABOUT US @futureb00kswww.futurebooks.com.sg
    • WHAT ISENTREPRENEURSHIP?www.futurebooks.com.sg
    • ROBERT DYER STARTEDRUCKPACKwww.futurebooks.com.sg
    • WHAT WE CAN LEARNFROM US OFFICERS 45% more likely to start a business Own 2 4 million businesses 2.4 Download Generate $1.2 trillion in receiptswww.futurebooks.com.sg
    • POPULAR LIFESTYLEBUSINESSES FOR VETS Off-road tours Extreme adventure tours Firearms training g Self-defense training Disaster planning + preparation Survival training Special event security Security consultant http://www.entrepreneur.com/slideshow/217522#1www.futurebooks.com.sg
    • SOURCES OFCAPITAL Cash C h Boot strapwww.futurebooks.com.sg
    • BOOT STRAPPED Bootstrap and earn your stripeswww.futurebooks.com.sg
    • CASHINJECTION Loans Non-equity grants Equity investmentwww.futurebooks.com.sg
    • HYPOTHETICALCASH TIMELINE Bootstrap Early-stage funding Series A funding0 12 18 24 MONTHSwww.futurebooks.com.sg
    • NO ONE WILL GIVEUS A CHANCE Pain point Value proposition Revenue modelhttp://futurebooks.com.sg/blog/writing-business-plans-that-speak-to-investors/2308www.futurebooks.com.sg
    • SOLVE SIGNIFICANTPAIN POINTS Create pain killers, not vitaminswww.futurebooks.com.sg
    • ASSUMPTION ISTHE MOTHER OFALL @&!# UPSwww.futurebooks.com.sg
    • GATHERA TEAM
    • BUY ASTART-UP Funded by JFDI.Asiawww.futurebooks.com.sg
    • BUY ASTART-UP Incubated by Ruventowww.futurebooks.com.sg
    • BUY ASTART-UP Incubated by Ideas.Incwww.futurebooks.com.sg
    • PURCHASE A BUSINESSWITH REVENUEwww.futurebooks.com.sg
    • LEADERSHIPSTYLE Awww.futurebooks.com.sg
    • LEADERSHIPSTYLE Bwww.futurebooks.com.sg
    • EARNING LOYALTYOF THE TEAMwww.futurebooks.com.sg
    • I’m therewww.futurebooks.com.sg
    • I’m therewww.futurebooks.com.sg
    • HOW TO RECRUIT FORTHE EXTENDED FAMILY You won’t find them on Jobs DBwww.futurebooks.com.sg
    • GATHERINTELLIGENCE
    • www.futurebooks.com.sg
    • The problem is too much datawww.futurebooks.com.sg
    • GOOGLEANALYTICSwww.futurebooks.com.sg
    • FLURRYANALYTICSwww.futurebooks.com.sg
    • WHO IS THINKING ABOUT ATSCATEGORY RIGHT NOW? Google trends reveals Analytical Thinking Skills is not a trending key phrase globally.www.futurebooks.com.sg
    • DIGITAL DIET Industry analysis Independent Wiki industry research reports h t background b k dGather IPO prospectus Annual reports of Wiki key key competitors competitorsListen News wires like IPOs via mobile Bloomberg applicationFollow Create LinkedIn Track influencers on discussions Twitter www.futurebooks.com.sg
    • CRITICAL ANATYICALQUESTIONS Do we want to be in this industry? What part of the value chain do we want to p occupy? What strategy do we need to penetrate the market? http://futurebooks.com.sg/blog/starting-a-new-company-start-with-industry- analysis-part-1/1711www.futurebooks.com.sg
    • DO WE WANT TO BEIN THIS INDUSTRYwww.futurebooks.com.sg
    • FINANCIAL ANALYTICSTRAINING Talk to the LOK. +65 6296 7818 Alan.Lok@SabioGlobal.comwww.futurebooks.com.sg
    • ARE WEDISRUPTIVE?www.futurebooks.com.sg
    • SUSTAINABLE INNOVATION VSDISRUPTIVE INNOVATION Class-centric Student-centric education education Sustainable Disruptive      Innovation innovation Make incremental k i l Follow company Make enormous Break company improvements trajectory improvements trajectory Lower risk Higher riskwww.futurebooks.com.sg
    • CHARACTERISTICS OFDISRUPTIVE INNOVATION Cheaper than the existing product or service being disrupted; Possesses attributes that appeal to a new type of customer (a non-customer); Increases industry profits in the short term.www.futurebooks.com.sg
    • X-47B This is disruptivewww.futurebooks.com.sg
    • ULTIMAX 100 This is innovationwww.futurebooks.com.sg
    • AFFECTS OF DISRUPTIVEINNOVATION Max industry sales Sales volume Existing market v Existing markets Disruptive market substitute for disruptive solution Total industrywww.futurebooks.com.sg
    • WHAT TO LOOK FORIN A START-UP Laser-focused Cost-leader / disruptive Strategic investorwww.futurebooks.com.sg
    • STAY INTOUCH Email us at inquiry@futurebooks.com.sg or visit www.futurebooks.com.sg @futureb00kswww.futurebooks.com.sg
    • http://venturebeat.com/2012/04/21/going-all-in-how-to-run-a-company-on-21-apps-in-the- cloud// http://www.entrepreneur.com/article/219846 http://www.entrepreneur.com/article/222649 http://www.asymco.com/2012/01/30/you-cannot-buy-innovation/ h // /2012/01/30/ b i i /CREDITS http://www.sba.gov/sites/default/files/files/rs384.pdf http://hbr.org/2008/01/the-five-competitive-forces-that-shape-strategy/ar/1
    • TERMS OF USERestrictions on Use of Contents 4. Any request to otherwise reproduce the Contents from this y q p1. Except as otherwise provided, the Contents of this Web Site for publication or commercial use should beDocument shall not be reproduced, republished, uploaded, addressed to: info@futurebooks.com.sg.posted, transmitted or otherwise distributed in any way, Disclaimer of Warranties and Liabilitywithout the prior permission of FUTUREBOOKS PTE LTD. To use 5. The Contents of this Document are provided on an “as is”any parts of the Contents of this Document, the user must seek basis without warranties of any kind. To the fullest extentpermission in writing, stating the c Contents for use; intent of permitted by law, FUTUREBOOKS PTE LTD does not warrantuse; manner of use; time frame of use and identity of the user. and hereby disclaims any warranty:FUTUREBOOKS PTE LTD reserves the right to refuse permission (a) as to the accuracy, correctness, reliability, timeliness, non-without declaring reason(s); and/or if information submitted by infringement, title, merchantability or fitness for any particularuser is deemed insufficient. purpose of the Contents of this Document;2. You may view, download and print the Contents if: (b) that the Contents available through this Document or any(a) the Contents are used for non-commercial or personal use functions associated therewith will be uninterrupted or error-only and will not be copied or posted on any network free, or that defects will be corrected or that this Documentcomputer or broadcast in any media, and media and the server is and will be free of all viruses and/or other(b) no alterations, additions or modifications of the Contents harmful elements.are made in any way 6. FUTUREBOOKS PTE LTD shall also not be liable for any(c) due acknowledgement is given to “FUTUREBOOKS PTE LTD” damage or loss of any kind caused as a result (direct or indirect)and citing the sources for the relevant data extracted. of the use of the Document, including but not limited to any3. Modification of any of the Contents or use of the Contents damage or loss suffered as a result of reliance on the Contentsfor any other purpose will be a violation of FUTUREBOOKS PTE y p p contained in or available from the Document.LTD ‘s copyright and other intellectual property rights.Graphics and images on this Document are protected bycopyright and may not be reproduced or appropriated in anymanner without written permission of FUTUREBOOKS PTE LTD. www.futurebooks.com.sg