Alchemy Reboot @ TIE CON Karachi

Flash Player 9 (or above) is needed to view presentations.
We have detected that you do not have it on your computer. To install it, go here.

more share options
Embed For WordPress.com

Without related presentations

Notes on slide 1

Every one wants to be a winner

And then some

But sometime shit just happens

Talk about Avicena – the business slide

How did Columbia help – or didn’t help

California and the everything is possible and within reach mindset – Unreal. They say you should live in California once and leave before it makes you soft, you should live in NYC once and leave before it makes you hard.

Tokyo and the pitch to Sakura. I learnt how to pitch to the third largest bank on the planet. That itself was worth an MBA

Somewhere towards the end of Feb 2001, I almost drowned in this pool

I learnt how to say good bye and how do a write off on a dream that I had lived with for more than two years.

Inward focus, therapy, why me, bouts of self pity, what else

Wrote a book over 5 years that took everything out of my system and put it down on a piece of paper that my 10 year old just started reading.

Do you really think that the way you do thing is going to be different

And you absolutely positively don’t want to be part of the herd or follow the crowd

And you want it done your way or not at all

Basic business model

It takes a team to build a business

And a brand. And the support structure for doing it at home, in Pakistan is so much more effective than it is anywhere in the world. This is after all your home ground.

It’s the packaging that sells, not technology.

How you look at a problem defines your solution and your pitch. How your customer looks at the same issues needs to change your solution and your pitch. In the end if you could create your products with the big picture in mind you can solve a much bigger problem

Cycles come and go. Sometimes when you least expect them.

2 Favorites

Mahmood Mirza, Entrepreneur favorited this 2 weeks ago
bilish favorited this 3 weeks ago

Alchemy Reboot @ TIE CON Karachi - Presentation Transcript

Reboot
Jawwad Farid, CEO
www.alchemya.com
blog.alchemya.com
Author, Reboot & BSOD
Reboot
Two stories
Avicena – the e-education venture
NYC, California, 2000-2001
Alchemy – the risk practice
Karachi, Bangkok, Dubai 2003-2009
Lessons learnt
Zola Budd, 3K Olympics Final
Mary Decker, LA 1984
Nirvana
Episode I - Avicena
E-education
Founded while a student at CBS
Funded by risking money borrowed to pay last term’s tuition
High lights from your California adventure
Impact?
What was the most painful moment when you went under?
Lessons
Profitability
Episode II – The sequel
Risk & Actuarial Practice
0 – 50 head count in 6 years
0 – 700,000 US$ in 6 years
From here
11/5/2009
32
to here
11/5/2009
33
From here
11/5/2009
34
to here
11/5/2009
35
True picture?
Lessons - Reloaded
Question 4
Recap
The home ground advantage
Embrace Failure
Beware of the cycle
www.alchemya.com
blog.alchemya.com