Sahil Parikh at IIT Mumbai - Ideaz08

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Sahil Parikh's presentation on entrepreneurship at IIT Mumbai in August 2008.

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Sahil Parikh at IIT Mumbai - Ideaz08

  1. 1. <ul><li>From an idea to a business… </li></ul><ul><li>My experiences from DeskAway.com </li></ul><ul><li>IDEAZ 08 – IIT Mumbai – Aug. 2008 </li></ul>
  2. 2. Getting Started…
  3. 3. My Motivators <ul><li>excited to create something </li></ul><ul><li>becoming independent & free </li></ul><ul><li>providing jobs & education </li></ul><ul><li>impacting businesses globally </li></ul><ul><li>doing things on my terms </li></ul>
  4. 4. My Vision <ul><li>Build a scalable, work from anywhere business model. </li></ul>
  5. 5. <ul><li>Do what excites you </li></ul>
  6. 6. So you are motivated, what next?
  7. 7. How do you find the opportunity? <ul><li>Make yourself available </li></ul><ul><li>Network </li></ul><ul><li>Keep an open mind </li></ul><ul><li>Find like minded people </li></ul><ul><li>Awareness of the products you use </li></ul>
  8. 8. Fill a real need.
  9. 9. The DeskAway story…
  10. 10. Motivation + Idea Now, Is it feasible?
  11. 11. Feasibility Test <ul><li>Solves a “real” problem? </li></ul><ul><li>Scalable? </li></ul><ul><li>Simple? </li></ul><ul><li>Valuable? </li></ul><ul><li>Bet my $? </li></ul>
  12. 12. Real, large enough market?
  13. 13. Is it a money spinner? How we make money? #Subscribers x $50 = Monthly Rev.
  14. 14. Build a prototype
  15. 15. Watch out - “In” Vs. “On”
  16. 16. Final Checklist <ul><li>Know why you are doing it </li></ul><ul><li>Don’t be afraid of failure </li></ul><ul><li>What are you passionate about? </li></ul><ul><li>Be open to opportunities </li></ul><ul><li>Know the ‘real’ problem </li></ul>
  17. 17. Believe in yourself
  18. 18. Connect with me <ul><li>sahil @deskaway.com </li></ul>Recommended Books <ul><li>Rich Dad, Poor Dad - Robert Kiyosaki </li></ul><ul><li>E-Myth - Michael Gerber </li></ul><ul><li>Mavericks at Work - William C. Taylor </li></ul>

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