Entrepreneurship is the pursuit of opportunity without regard to resources currently controlled. Entrepreneurial characterized by the taking of financial risks in the hope of profit; enterprising. "an entrepreneurial culture" “Yet I can read. Knowledge enormous makes a God of me. Names, deeds, gray legends, dire events, rebellions, majesties, Sovran voices, agonies, Creations and destroyings, all at once pour into the wide hollows of my brain. And deify me, as if some blithe wine or bright elixir peerless I had drunk, and so become immortal.” 

1. Entrepreneurial Mindset

2. Definition
• Entrepreneurship is the
pursuit of opportunity
without regard to
resources currently
controlled.
• Entrepreneurial
– characterized by the taking
of financial risks in the
hope of profit;
enterprising.
– "an entrepreneurial
culture"

3. Adoption

4. Literature

5. Moore’s Law
"Moore's law" is the
observation that, over the
history of computing
hardware, the number of
transistors in a dense
integrated circuit has
doubled approximately
every two years.

6. Forecasting and Prediction

7. Timing and Luck
• 'You don't get lucky ,
You get in position.'
Kenny Dalglish

9. Become a Polymath
• A person of wide-ranging
knowledge or learning.
• We need more
renaissance men and
women.
• Embrace multiple
mediums and become
your own version of a
renaissance man or
woman.
• It just might be the most
satisfying thing you do.

10. Polymath Manifesto

11. Advice
• Don’t long for a better life—live the
one you have. Wherever you are, be
all there. Making the most of your
current reality is the best practice for
what’s to come.
• Don’t get stuck in a single pursuit—
create a body of work. Like Picasso,
keep looking for other skills and
interests you can develop that will
complement your core. You never
know where a new fascination might
lead.
• Don’t be afraid to change
mediums—keep trying new things.
Sometimes, the way we get to our
best work is by quitting something
else. There is power in the pivot.

12. Macro Environment
• Entrepreneurs are individualistic but require fertile
ground to succeed:
• Ecosystem: Markets, channels & customers
• Capital: 3Fs, Angels, VCs, private equity, financial
markets, banks
• Access to capital, employees, consultants, resources
• Education MOOCs
• Communication
• Networking

13. Government Role
• Provide:
• Stability: minimize boom
and bust
• Safety
• Rule of law:
• Property rights
– Wealth
– IP
– Real Property
• Predictability: Essential for
finance and long term
development
• Prosperity

14. Functioning Institutions
• Courts
• Banking
• Infrastructure
• Regulation
• Education
• Tax Collection

16. Benefits
• Independence/autono
my
• Satisfaction
• Financial Reward
• Self Esteem
• Contribution

17. Downside
• Business Failure
• Legal Battles
• Obstacles
• Loneliness
• Financial Insecurity
• Long Hours/Hard Work
• Strain on Personal
Relationships

18. Opportunity Costs
• Choose 3:
• Business
• Family
• Friends
• Health/Fitness
• Sleep
• Randi Zuckerberg

19. Illusion of Choice
• Disruption in labor
markets
• The Robots are Coming
• Race Against the
Machine
• Rule based jobs are
risky
• Entrepreneurial
thinking is survival

20. Cost/Benefit Analysis
Costs
• Money
• Energy
• Time
• Opportunities you will give
up
Benefits
• Wealth
• Knowledge
• Skills
• Self-esteem
• Experience

21. Lines from Hyperion
John Keats
• “Yet I can read. Knowledge enormous makes a
God of me. Names, deeds, gray legends, dire
events, rebellions, majesties, Sovran voices,
agonies, Creations and destroyings, all at once
pour into the wide hollows of my brain. And
deify me, as if some blithe wine or bright elixir
peerless I had drunk, and so become
immortal.”

22. Entrepreneurial Mindset