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GET
SET
GO.
HIMANSHU SIKARIA
ACHYUT JOSHI
(IIT JODHPUR)
the nutheads
• ICE
• PANT
• UMBRELLA
• KANTA BAI
• FRUIT
• BULB
• LAPTOP
• COFFEE
• VEHICLE
• PAPER
• MOBILE
• NEWSPAPER
• SHOES
• DOOR
• PEN
• SPEAKER
• UTENSILS
• CAMERA
• VACCUM CLEANER
• WATCH
• LIGHT
• FAN
YOU CAN’T LEARN
ANYTHING WITH
YOUR MOaTH OPEN
- EARL NIGHTINGALE
HOW TO
COME UP
WITH AN
IDEA
TAKE 15 SECONDS
count the number of red objects…
• IS IT WORTH SOLVING?
• WHO WILL BE AFFECTED ?
PROBLEM
CUSTOMER
SOLUTION
Our Condition Today
25%
75%
WHY??
40
9
2
THE BEST TIME TO START WAS
YESTERDAY
STOP WAITING FOR THE
BILLION DOLLAR IDEA
THE THING WHICH IS
STOPPING US
ENTREPRENEURSHIP IS LIVING
A FEW YEARS OF YOUR LIFE
LIKE MOST PEOPLE WON’T, SO
THAT YOU CAN SPEND THE
REST OF YOUR LIFE LIKE MOST
PEOPLE CAN’T.

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Basics of entrepreneurship

Editor's Notes

  1. Choose two words to form a new business idea. Run Your brain wild. Just to show ideas are cheap, everyone can come up with one.
  2. Business vs Startup
  3. Focus on problems.
  4. We see what we want to see
  5. Will people pay for it. Imagine there is a useless pillar in a footpath. People have to go around it. It is a problem, but people will not pay for it.
  6. Not vice versa
  7. Good at what you do Not everyone’s cup of tea
  8. An idea comes in the mind of 40 people, 9 think to implement it and only 2 try to execute.
  9. Good listeners are believed to be great innovators and making out great stratergies. Richard Branson, talks and debates with employees on serious issue. takes out employyes to tropical islands – NEW IDEAS, INNVOLMENT OF SUBORDINATES .Invite guest speakers to your office . Go to events focusing on topics that are not strictly related to your industry and bring some of your employees along. One of the best ways to learn is by taking your team members out of their comfort zone and embracing new ideas and you will see results. Amazon- once a online books store. Now is everywhere Yahoo, once only a search engine…is now a major online portal doing loads of things. This was a great come back
  10. Last year I went to a workshop called LEAN STARTUP MACHINE. What their main ideology for a early stage startup is- validate before you start. Imagine building a great website for 6 months, you put in all ur efforts, money and then after 6 releasing u come to know tht such product was not a neccesity. The problem u were targeting was never a problem for the mass. So talk to customers first, LISTEN to them…then start. One more example… give my example!!!!!
  11. Myths of entrepreneurship.
  12. You need a large sum of money to start. False. Except for product based startups.