The entrepreneur mind_set
Upcoming SlideShare
Loading in...5
×
 

The entrepreneur mind_set

on

  • 384 views

 

Statistics

Views

Total Views
384
Views on SlideShare
381
Embed Views
3

Actions

Likes
0
Downloads
4
Comments
0

1 Embed 3

http://ite-mobilepay.blogspot.com 3

Accessibility

Categories

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

The entrepreneur mind_set The entrepreneur mind_set Presentation Transcript

  • The Entrepreneur Mindset Nor Hashim Abu Samah Coordinator (MSc IT Entrepreneurship) Computer Science & Information Systems Universiti Teknologi Malaysia 07 – 5532239 norhashim@utm.my
  • Scientists & Engineers as ENTREPRENEURS Shift in behavior …. Upward trend – from industry job to entrepreneurship Popular ones: – Larry Page & Sergey Brin - Google – Mark Zukerberg - FaceBook “Makan Gaji” Vs Entrepreneurship
  • Decision to become an EntrepreneurWhat motivates you to start a business? Bored with Routine job? In Constant argument with your BOSS ? Technical Genius to create a Product ? To solve Financial Problems? To be a Millionaire? Saw an Business Opportunity? Have capital to start a business? Offered to join a Businss Venture ?
  • Entrepreneur Mind Set …A way of thinking that is Opportunistic, embraces Uncertainty, is Creative & is capable of taking Calculated Risk…. The Product is only One of a very complex enterprise. Technical Skills VS Business Skills The “tell me what you want & I’ll built it” Attitude Trade-Offs among product features & benefits, price, market segments, operations etc. Chaotic & Complex Environment Comfortable with Ambiguity & Uncertainty - Chaos
  • Entrepreneur Mind Set Flexible in Thinking - Be Prepared to Change Course Not Bound by Formulas, Rules, Linear patterns of Thinking - Thinking “Out of the Box” Non-Linear Process – req to cross “Valley of Death” – An gap bet prod dev & a successful product customers will pay for. – The skills req during Prod Dev are DIFFERENT for Business Skills. Strong Locus of Control – in charge of their destiny Enjoy the Independence of Working for Oneself Solving Peoples Problems VS Monetory Gains
  • From Bench to Market Business ModelTechnology Commercial Create & Capture Value Product Valley of Death Why technologies don’t make to the market
  • Culturing Entrepreneurial Values Aspects of Culturing Entrepreneurship – Controlling their own destiny – Maximising self potential – Gaining profits – Planning Orientation – Strategic time mgt – Innovative – Increasing work quality continuously – Willingness to grab opportunities
  • Culturing Entrepreneurial Values Entrepreneurial Values – Dare to try attitude – Goal setting – Self expectation – Strong – Self confidence – Self initiative – Responsibility – Learning from feedback – Business networks – Willingness to take advice from experts – Systematic task implementation