5. Simple Oxford Meanings..
5Youth Transformation
Innovate
To make changes ; To introduce new ideas, method
Entrepreneur
A person who starts or organizes a commercial organization
esp one with financial risk
7. The problem is never
how to get new,
innovative thoughts into
your mind, but how to
get the old ones out.
—Dee Hock
8. Innovation
8Youth Transformation
What is Innovation ?
• Creativity in action
• Creativity & Strategy & Implementation & Profitability
Roots of Creative Thinking
• Belief in Creativity
• Learn & Unlearn , apply common sense !
• Curiosity
• Challenge the conventional wisdom
• Be like a child (Unconditioned mind)
• Be open to listen and brainstorm
9. Innovation
9Youth Transformation
Ideation into Innovation
• Eye on BIG Picture
• Peep into Future
• Think out of box/ Extra ordinary
• Ignite Passion
• Take Action and Calculated Risks
Attributes of Innovation
• New Idea
• Economic viability
• Profitability
• Value proposition
• Product/Service/Business Model/Technology
• Education/culture/class no bar
18. Entrepreneurship
18Youth Transformation
What makes Entrepreneur ?
• Talent
• Business Opportunity
• Profitable Business
• Innovation
• Risk
Attributes
• Self Confidence/Belief
• Passion
• Creative Thinking
• Business Acumen
• Risk Taking
• High Self Motivation
• Realistic Outlook
• Independency /Work for ownself
• Leading rather than following
19. Entrepreneurship
19Youth Transformation
Why be an Entrepreneur
• Wear 100 hats : BD, Finance, CEO, HR, Operations ……etc etc
• For High Purpose
• Wealth Creation
• Independent on own
• Be creative and freedom to experiment
• Not fit to be Employee
Considerations
• Listen to yourself
• Close eye on Money
• Be Accessible, Networking and Collaboration
• Find Niche area
• Build Strong Team and share wealth
• Goals and Long term retutns
• Enjoy your Talent
• PASSION PASSION PASSION…..
20. At least an Entrepreneur Employee…..
20Youth Transformation
Attributes on Entrepreneur
Self Confidence/Belief
Passion
Creative Thinking
Business Acumen
• Risk Taking
High Self Motivation
Realistic Outlook
Independency /Work for own self
Leading rather than following
• Work for yourself and do not work for salary
• Always think company’s money as your money
• Do not follow money, let it follow you
• Do what you like doing with passion and Enjoy your work
• Remember “High Risk and High Gains”