- Highlight the importance of releasing when a business is starting to fail, how to accept it. - Importance And steps to set short term and long term goals, and strategies to achieve them ? - Highlight the importance of making sure your rebound plan is realistic - Importance of an efficient team in strategy building - What are the few very important aspects which are very prone to failure?

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