Successfully reported this slideshow.

Entreprenuership Presentation at IIT e-Cell

2,183 views

Published on

Preparing as Entrepreneur and for Entrepreneurship. What does it take to prepare before starting a Business. This presentation can be a preparation starter kit for people looking to start their own venture.

Published in: Business, Economy & Finance
  • Excellent presentation sir....... its done to the brim of perfection (but not perfect,because nothing is :p)..... anyways I was lucky enough to attend your workshop on Entrepreneurship today..... Your English was up to the mark and your voice was fabulous.... Just the qualities needed in a speaker.
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • Excellent presentation Samar!!... And very timely as in India this is the dawn of an era of entrepreneurs and startups..
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • Awesome.... Picture quality in some slide could be better though
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here

Entreprenuership Presentation at IIT e-Cell

  1. 1. Entrepreneurship Education.
  2. 2. What’s Entrepreneurship?
  3. 3. “What is Entrepreneurship?” Entrepreneurship is the act of being an entrepreneur, which is a French word meaning "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods.
  4. 4. Entrepreneurship Need and Reasons
  5. 5. Need for Innovation
  6. 6. Exponential Growth
  7. 7. Make a difference to society Make it Better!
  8. 8. Explore Potential
  9. 9. Building from scratch
  10. 10. Leave a Legacy Leave a legacy
  11. 11. Picture can Be Used for Growth
  12. 12. How it Impacts Society
  13. 13. Creates Employment
  14. 14. Creates Efficiency
  15. 15. Creates Wealth for nations
  16. 16. History of Entrepreneurship
  17. 17. History of Entrepreneurship over the Centuries
  18. 18. Entrepreneur
  19. 19. Entrepreneur is the person who brings about a change and possesses characteristics to implement ideas to benefit the society as a whole.
  20. 20. Kind of Entrepreneurs'
  21. 21. Entrepreneurial Traits
  22. 22. How to identify the keeda 
  23. 23. How to Identify if the Keeda is going to stay and trouble you for life 
  24. 24. What we imagine and what it actually is  Chief Everything Else Officer
  25. 25. Loves to Take Responsibility, this doesn’t seems to be too Much 
  26. 26. What makes entrepreneurs Entrepreneurial
  27. 27. Managerial Thinking – Causal Reasoning
  28. 28. Strategic Thinking – Creative Causal Reasoning
  29. 29. Entrepreneurial Thinking – Effectual Reasoning
  30. 30. Entrepreneurs Vs Working for Somebody “Entrepreneurship Vs Job”
  31. 31. Preparing your Mind
  32. 32. Entrepreneurs' Line of thinking
  33. 33. Fear the BIGGEST Barrier, Overcoming Fear
  34. 34. Preparing for the Test Match, This is not T 20
  35. 35. Leave the Bad Balls and Stay on the Pitch,
  36. 36. Its Never Late, Donot give up
  37. 37. Between you and Amitabh Bachan, He has Failed more, But what matters is who wins more
  38. 38. Social Preparation. People can't do something' themselves. They wanna tell you, you can't do it. If you want somethin', go get it. Don't ever let somebody tell you... You can't do something.
  39. 39. Consumption: Today or Later. Invest today, Reap later .
  40. 40. Understanding Risk
  41. 41. Understanding Business Risk. • Misreading the Market • Unable to scale • Implementation • Planning • Investor risk • A high percentage of new businesses fail within the first few years. Overestimating the appeal of your product or service. Inadequate initial financing. Poor financial controls can sink a new business even if the idea of the business is a good one. The new business consumes the time you devote to family and friends • • • •
  42. 42. Personal Financial Planning. • • Strategies and timelines for accomplishing your goals. Create and review a financial plan. Managing risk is essential to your long-term financial security & protect you from financial catastrophe. Obtain adequate insurance. • • Organize your financial records. Evaluate where you're at today and set the stage for your goals and priories going forward. Don’t keep unnecessary loans and credit card debt • Reduce or minimize consumer debt. • Have enough cash on hand to cover three to six months of basic living expenses . Calculate your net worth. Build an emergency fund. Establish a spending plan. • This is simply a matter of figuring out what you own less what you owe. Have a balanced spending plan
  43. 43. Opportunity
  44. 44. Spotting the Opportunity. • • • • • • Start to believe you can. Don’t focus on the problems, focus on finding opportunities. Think of what it is you want to achieve. Think about how you can accomplish your goal. Take different views of the situation. Make it a habit, see every problem as an opportunity.
  45. 45. Building the Team
  46. 46. Team is Money, Money is Team
  47. 47. Partnerships Make it Happen. Share Values And Vision.
  48. 48. Complement each other. Choose a partner who complements your skills. Steve Wozniak: Production Steve Jobs : Sales & Vision
  49. 49. Go to Market Plan
  50. 50. When to start on my own?
  51. 51. How to increase my chances of success as an entrepreneur?
  52. 52. Should I try to get funding for my business?If yes, when? Take funding when you are looking to scale up aggressively .
  53. 53. How Does Start Up Funding Work
  54. 54. Always think through Investor Hat, He is in to Make Money.. not Charity!
  55. 55. Early Stage Investment Thinking
  56. 56. Scaling Stage Thinking
  57. 57. Exit Stage Thinking, This is where Money is Made for all Fuss 
  58. 58. I have many ideas, which one should I begin with? • Take time to brainstorm about possible ideas. • Start with the one you can begin today or fastest. • Focus on customers and what their needs / wants are. • Look for demand. • Review the competition. • Do you have the required Skills / Resources / Time. • Do you feel confident you can execute the idea.
  59. 59. History of Ideas
  60. 60. In short.. Entrepreneurship is about… those who dare to dream the dreams and are foolish enough to try and make their dreams come true.
  61. 61. Thank You Feel free to contact us for further queries samar@iksula.com

×