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Amruth (Co Founder, VitaBeans.com) shares his Rule of 5 for starting up. Must watch for every entrepreneur. Amruth was the President of the Center for Entrepreneurial Leadership, BITS Pilani.

Amruth (Co Founder, VitaBeans.com) shares his Rule of 5 for starting up. Must watch for every entrepreneur. Amruth was the President of the Center for Entrepreneurial Leadership, BITS Pilani.

Published in Business , Spiritual , Technology
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Transcript

  • 1. www. cel -bits.org
  • 2. C enter for E ntrepreneurial L eadership www. cel -bits.org
  • 3. CEL Ray series A Presentation by Amruth BR (’04B5) Co-Founder www. vita beans.com start starting a venture www. cel -bits.org
  • 4. i dea 1 www. cel -bits.org
  • 5. i deas … come cheap
  • 6. It’s the one that stands apart … that makes a difference
  • 7.  
  • 8. and being Different makes you valuable
  • 9. Rule 1: Stay unique www. cel -bits.org
  • 10. Rule 1: Stay unique Vision Mission Long term objectives Short term objectives Goals www. cel -bits.org
  • 11. Rule 1: Stay unique Innovate Sell Lead on their own www. cel -bits.org
  • 12. a c tion 2 www. cel -bits.org
  • 13. Everyone likes to get noticed
  • 14. When there is a reward!
  • 15. Correction!
  • 16. When there is a noticeable reward!
  • 17. What you make the team want
  • 18. Decides what you Grow into
  • 19. Rule 2: Declare good Rewards www. cel -bits.org
  • 20. Rule 2: Declare good Rewards work commitment enthusiasm interest www. cel -bits.org
  • 21. Rule 2: Declare good Rewards Learning Network Freedom Startup Cushion www. cel -bits.org
  • 22. te a m www. cel -bits.org 3
  • 23. A well thought off team
  • 24. Is no good if it cant…
  • 25. Connect together to an idea!
  • 26. It s OK to start with pals
  • 27. It s OK to celebrate
  • 28. Some of the best ideas… Because…
  • 29. … come out in All Night Canteens!
  • 30. … and …
  • 31. And its OK to make mistakes When you TRUST them to learn
  • 32. Is NOT ‘ Coz a team… … just a workforce
  • 33. Rule 3: Trust your team with Freedom www. cel -bits.org
  • 34. Rule 3: Trust your team with Freedom Trust Trust Trust Trust Trust Trust www. cel -bits.org
  • 35. Fra m ework www. cel -bits.org 4
  • 36. We are Lazy
  • 37. easily distracted
  • 38. we love alarms! (atleast secretly)
  • 39. ..and we need triggers to turn on the alarm … measurable goals & timelines
  • 40. … so that we know Hurray! We Made it… If we are there…
  • 41. … so that we know Oh My God! I Missed it… … or not quite!
  • 42. … and we like to frame them together
  • 43. ‘ Coz they are our little red cherries!
  • 44. Rule 4: Always have well-defined check-points
  • 45. Rule 5:
  • 46. Thank You Center for Entrepreneurial Leadership BITS Pilani 5 www. cel- bits.org