Short presentation for 12 - 15 year old males on what makes great entrepreneurs. *Note: The entrepreneurship "dna" was taken from Mark Suster's "Both Sides of The Table" blog. Hey, I only had 36 hours (while swamped) to create this presentation. What was I supposed to do?

1. What About
The Other 99%?
The Real Definition of Grinding:
Entrepreneurship
Joe Womack III
February.12.2011

2. WORK HARD. MEASURE. LEARN.
(REPEAT)
GRINDING

3. What Is An Entrepreneur?
“A person who forms an organization designed
to deliver a (new) product or service under
conditions of extreme uncertainty.” – Eric Ries
What Is Entrepreneurship?
• Change the world
• Build an organization of lasting value
• Make customers’ lives better

4. My Story

5. What Makes A Good
Entrepreneur?
1. Tenacity
2. Street Smarts
3. Ability To Pivot
4. Resiliency
5. Inspiration
6. Perspiration
7. Willingness To Accept Risk
8. Attention To Detail
9. Competitiveness
10. Decisiveness
11. Experience
12. Integrity
Adopted From Both Sides of The Table
By Mark Suster

6. Tenacity
The most important attribute of an
entrepreneur is never being willing to give up.

7. Street Smarts
Getting out, understanding, and selling to
customers is far more important than book
smarts or computer research.

8. Ability To Pivot
The best
entrepreneurs fine
tune their product
and their business
model until they find
a groove.

9. Resiliency
Being an entrepreneur is cool … for those who
haven’t done it. In reality it’s gritty, tough work
where you will be filled with self
doubt. Entrepreneurs are survivors.

10. Inspiration
Tenacity + street smarts
is not enough without
inspiration. You need
to lead teams and
convince others to
move mountains when
by all means they
shouldn’t believe they
can…

11. Perspiration
There’s no “off button” on this guy…

12. If you aren’t willing to take a
shot by starting your
company it says you aren’t
confident enough in the
idea or in yourself. Risky

13. Attention
To Detail
If you’re going to
lead a business you
need to be on top of
all your details.

14. Competitiveness
The best entrepreneurs hate
losing. Whether in life or business they
play to win. It consumes them.

15. Decisiveness
Entrepreneurs don’t
“noodle,” they
“do.” Entrepreneurs
are faced with a lot of
daily decisions – much
of it minutiae. All of it
requiring decisions and
action.

16. Experience
Having experience and
relationships gives you an unfair
advantage. Better that you start
with this than from scratch.

17. Integrity

18. When someone tells you, "That's
impossible" it should be translated as
"According to my very limited experience
and narrow understanding of reality,
that's very unlikely." Don't take advice as
absolutes - the time may have changed
since the times of the people giving
advice. No one has figured it all out -
we're just talking monkeys.
- Paul Buchheit, Creator of Gmail