The document discusses lessons from an entrepreneur about starting a business. It encourages taking risks and action over just dreaming. It emphasizes the importance of building a strong founding team of friends you trust, focusing on customers first, and persisting through challenges with optimism. Successful entrepreneurs create value, jobs, and economic growth for many others.

1. hello

2. Welcome to Megabucks

3. shashank dixit

4. I

5. am the reason why you’re here

6. Co-Founded Megabucks Once

7. During my days in IIT Kanpur

8. I

10. But this is not

11. about me

12. Its about you guys

13. About Entrepreneurship

14. (hard to spell)

15. (harder to do)

16. We’re here because of you

17. This whole program

18. is about you

19. Why

20. are

21. you

22. guys

23. important ?

24. What’s Megabucks

25. and what can you learn

26. from us

27. Entrepreneurs build countries

28. India of tomorrow

29. Will be built by you

30. Not Politicians

31. Not Social Workers

32. Not the IAS officers

33. But you guys

34. The Entrepreneurs

35. You guys

36. Create Jobs

37. Create Opportunities

38. Build something out of nothing

39. Entrepreneurs are today’s

40. Gold Mines

41. Entrepreneurs create Value

42. Value from scratch

43. Infosys

44. [May peace be upon NRN]

45. Infosys creates jobs for 100k people

46. Direct Jobs

47. High Paying Jobs

48. 100k Refrigrators

49. and Televisions

50. And Shoes

51. And Clothing

52. And Cars

53. One Lakh Tax Payers

54. They Fuel the economy

55. Directly affecting a million people

56. Indirectly - ten times as much

57. Infosys affects

58. ~1% of India

59. 7 Entrepreneurs

60. How did they do it ?

61. because

62. they

63. dared to try

64. 1st Lesson

65. 10 Lessons

66. I wish to share

67. today

68. do 1

69. take the plunge

70. cut the ***

71. get on your feet

72. No theory

73. No Degree

74. No MBA

75. can teach you

76. unless you try.

77. ideas 2

78. the best ideas are the simplest

79. execution matters.

81. So what does Google do ?

82. Keep your eyes open

83. Look for opportunities

84. do a lot of things.

85. unrelated things.

86. Dive deep into data, then trust your gut Andy Grove

87. Be a doer

88. not just a dreamer

89. see. learn. do.

90. for things you can’t do

91. get others to do it

92. together with you

93. not for you

94. team 3

95. friends. business partners.

96. team wins.

97. make a team.

98. with your friends.

99. work with friends.

100. make sure

101. friends > money

102. greed team fails.

103. I’ve known my co-founders

104. since

105. class I.

106. 3 of us are together since childhood.

107. great team trap 4

108. Smart people are the dumbest

109. avoid

110. great-team trap

111. avoid

112. too smart people.

113. don’t try to

114. assemble the best.

115. you got to be a little

116. dumb

117. to not quit

118. work together

119. if you know each other

120. not because the other person

121. is smart. or cool.

122. or because you

123. want

124. to make truckloads

125. of money.

126. work with friends

127. not all friends are smart

128. but they’ll stand by you

129. when you will need them

130. the most.

131. value loyalty and honesty

132. over smartness

133. its good to be smart as long as you know there are smarter people out there

134. risk 5

135. risk your own

136. Never expect someone else to risk

137. on you

138. unless you risk it all

139. and prove yourself

140. when it comes to risk

141. lead from front

142. <insert obvious beaten-to-death reference to risk vs rewards>

143. investment 6

144. your first investor

145. should be your customer

146. + 7

147. the power of prayer

148. nah, just kiddin

149. it is optimism

150. who’s the poorest of all?

151. a person who loses all hope

152. Develop Positive Stamina

153. there will be bad times

154. horrible times

155. <insert personal horrible tale here :) >

157. develop natural endurance towards

158. pessimism

159. never quit

160. Many of life's failures are people who did not realize

161. how close they were to success when they gave up.

163. network, networth 8

164. you are the average of the sum total of all the people you know

165. meet a lot of people

166. meet a lot of smart people

167. listen.

168. learn from them

169. learn from history

170. learn about your industry

171. never trust the media to tell the truth

172. reading about richard branson doesn’t equate to knowing him

173. Infact, DO NOT read hagiographies at all

174. thinking big 9

175. scaling up

176. trust people

177. to not deliver

178. when it comes to thinking big

179. you got to

180. think big. execute. rinse. repeat.

181. push yourself

182. and lastly 10

183. the ‘nevers’

184. never burn your bridges

185. never take yourself too seriously

186. never give up

187. never let other people pull you down

188. never believe the good stuff either

189. never leave the details

190. the devil lies therein

191. never complain.

192. Alright, that’s it.

193. Questions ?

195. [email_address]