The document discusses the challenges and formula for entrepreneurship, highlighting the importance of decision-making and motivation. It outlines reasons for business failures and suggests strategies for founders to improve their situation, such as setting SMART goals and focusing on team dynamics. Additionally, it emphasizes the necessity of adapting to market needs and building resilience through setbacks to achieve future success.

1. Strategy Building
Workshop
- Moulik Jain

2. What we think entrepreneur life is?

3. Entrepreneurship is a roller coaster

4. Who is incharge?
Startup/Enterprises are ran on a
simple formula.
- T&F Formula
- Let’s make the decisions and
then make them right
- Fuck Ya! Keep moving
- 100% motivated

5. Ek-din Aisa Bhi aata hai!
Few reason for failing business are:
- Formulation versus
implementation.
- People versus paper process
- Communication barriers.
- Management and employees
conflicts.
- Doing a formal planning that rigid
flexibility and creativity.
- Culture orientation.
- Lack of commitment and focus.
Market is not right for my product/service.
- Chup baith excuses mat de!!

6. What should be founder’s next step?
When things are falling out of
place:
- Employees are leaving
you
- Customer are unhappy
- Negative reviews
- Loss showing balance
sheets

7. Make Short Term Goals
Let’s start making changes:
- Understand team
thoughts
- Define your personal
vision
- Study your competitors
again
- Address negativity with
positive mind set
- Work on 80-20 rules
Goals should be “S.M.A.R.T.” (specific, measurable, actionable,
reasonable, and timely)

8. Make long Term Goals
Let’s start making changes:
- Build new leaders
- Being committed to
your vision
- Make continuous
innovation
- Build network of
positive people around
you

9. What are the strategy to meet your
goals?
- Connect your goals to your core values
- Productive and Punctual
- Ignore “urgent” tasks by creating
if/then statements for your life
- Skip the “messy middle” by starting at
the finish line

10. Team is only thing you have!
The only things you
have in business is a
team.

11. Why business fail?
- Lacking Uniqueness and Value
- Not in Touch with Customer Needs
- Rapid Growth and Over-expansion
- Trying to Do Everything Yourself.

12. Let’s have a Rebound Plan
- Accept any failure as part of the path
toward future business success.
- Feel the pain of failure, but avoid
staying in emotional limbo.
- Accept full responsibility for the failure.
- Create a list of the things that went
wrong.
- Outline an action plan for building a
new business.
- Hustle