I’m here to talk about entrepreneurship and I’m going to talk about why it can be a viable alternative for you to consider when you graduate. I understand there is a lot of alumni here but my main focus was GIKI students. So if this seems irrelevant to you, apologies in advance. But maybe there are a few things here which you could learn from. So, without further ado, here we go
ByteSense does custom software development and telecommunication software development
How we are all bought up. The order of the last three might be changed but the items are more or less the same
Things that haven’t been done before: TVs, mobiles, internet etc
The main reason why most of us get a higher education is so that we can land a good job secure future.
Huge come backs
The most significant thing you can do
The biggest reason
But it would be better worded as “Fear of Failure”. I can bet that of all the people in this hall right now, a vast majority has not given public speeches. The reason is because we are afraid of going on stage, fumbling and looking like an idiot. Essentially, we are fear of failing publicly. But what if you were the world’s best speaker? If you knew that, you would step up and give a speech without any problem. But Because you are so afraid to try and find out, you will never know how good you actually are. So, if you’re not failing a lot in life, you’re either not very hardworking or you’re not putting yourself out there.
Because there is no prior precedent, its very hard to say what will and will not work
One of the reasons why we all believe that we can’t fail is that we’ve been told these fairy tales by the media about how companies make it big without a scratch. You hear about people in their early twenties who get rich quick and you might imagine you are not one of those folks.
That’s the fact. The number of failures in the industry are astounding but we never get to hear about them. So, I’m going to talk about failure, something I believe I am very well versed with.
One of the most famous people of all time, had the highest number of patents to his name.
The idea is that you fail, learn and try the next thing
Have you heard of this company
To give you an idea, the world’s most successful startup hubs: the Silicon valley has a failure rate of 9 out of 10.
Emotional and financial support. Be sure to have a “soul mate”
You can kick and cry but not for more than a day. Ask a neutral third person about why you failed. Entreprenurs are very emotionally vested and it is hard for them to see clearly at times as to what is going wrong.
The risks I talked about are very real but you can minimize them if you are at your university. If you have a startup idea, start while you are at GIKI.
Mom and dad send the monthly paycheck
FYP: Final Year Project
You might think that with all the successful twenty year olds got it easy, but they all have worked 20 hour days and have been pushed to the braking point. If you are not the kind of person who believes in working hard, this is not for you.
We do the minimal amount required to pass or to complete that degree and we don’t do the best we possibly can. This is real life and not a dress rehearsal. If you are not planning to give your best now, when are you?
Don’t Repeat Your Self (DRY), Keep It Simple, Stupid (KISS)
“ Before Paul and I started the company, we had been involved in some large-scale software projects that were real disasters. They just kept pouring people in, and nobody knew how they were going to stabilize the project. We swore to ourselves that we would do better” Bill Gates
The Facebook was not Mark Zuckerberg's first website
“ Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do. If you haven't found it yet, keep looking.” Steve Jobs