The impatience of both youthful exuberance and the v2
1. The Impatience of
Youthful Exuberance and Insanity of
Entrepreneurship
NAPEC Globalization & Innovation Conference
April 18, 2014 - Chicago
2. Let’s do a
startup!
Sounds cool…
You have a good
gig going on, why
do you want to
leave it?
I’ve been thinking
about it, too. I
want to….
You have an idea…
11. Truth About Startups
• Startups are Insanely HARD
• You Live in Your Own Reality
• Constant State of Rejection
• Doubts/Doubts/Doubts
• Problems With No Answers
• Paycheck Free Environment (or
close to it)
• Startups FAIL More Often than
Succeed
http://blog.clarity.fm/insanity-the-secret-of-entrepreneurship/
16. Passion for Your Idea/Product
“You should be embarrassed by the sheer
audacity of your vision!” - Richard Price
17. Distinctive Vision
“You need a set of innate skills that differentiate you from the
thousands of others who set out on your similar journey. You need a
great concept in which you will build something that is truly unique and
that will be valued by your customers.” M. Suster
18. Patience and Persistence
“80-90% of startups fail. But, in Entrepreneurial world it’s not
considered bad if you have failed,” Mr. Vidra said. “You learn
from failure in order to maximize success.” of your next
project.
“If you aren’t getting rejected on a daily basis, your goals
aren’t ambitious enough.” Chris Dixon
19. But not Stubborn or Arrogant..
Always be learning…
Be Available to Pivot…
Facemash, a website that
presented two photos of Harvard
students and let users vote of who
is better looking
Social media giant worth over
$100B
Tune in Hook Up, a video dating
service
Video sharing purchased by
Google for over $1.6B in stock
Started As Today
20. Golden Rule of Networking & Everything Else
“ Give Before You Get.”
