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The road to failure

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The road to failure

  1. 1. The Road to Failure Cairo March 2010
  2. 2. Table of Content <ul><li>The Seven Sins of Entrepreneurship </li></ul><ul><ul><li>The First : Entrepreneurship Reality </li></ul></ul><ul><ul><li>The Second : Partnership </li></ul></ul><ul><ul><li>The Third : Decision Making & Action </li></ul></ul><ul><ul><li>The Fourth : Cash & Financing </li></ul></ul><ul><ul><li>The Fifth : People </li></ul></ul><ul><ul><li>The Sixth : Structure & System </li></ul></ul><ul><ul><li>The Seventh : Competition </li></ul></ul><ul><ul><li>New Lessons from an Old Story </li></ul></ul>
  3. 3. The First : Entrepreneurship is about having money
  4. 4. It is about Freedom, Inducing Change and Self-actualization
  5. 5. Recognize these ?! Steve Wozniak Paul Allen
  6. 6. What about these ?!
  7. 7. What about now ?!
  8. 8. The Second : Partnership is always good
  9. 9. Partnership is like a long term debt, only Mission Aligned can make it
  10. 10. The Third : Planning…Planning…Planning is the key
  11. 11. Speed, Learning and Adaptability
  12. 12. The Fourth : It is about ROI and Future Value
  13. 13. It is about achieving, maintaining and foreseeing considerable positive Cash Flow
  14. 14. The Fifth : Good Ideas are more important than Good People
  15. 15. Right People…Right Time…Right Place ( 100% >10 FTE ) …( 40% >100 FTE ) …( 20% >1000 FTE )
  16. 16. The Sixth : Multinationals have detailed Structure and Systems, so we should
  17. 17. Structure and Systems as needed
  18. 18. The Seventh : Keep an eye on competition, do exactly what they are doing, and beat them on their own game
  19. 19. Be Daring…Be First…Be Different
  20. 20. New Lessons from an Old Story : The Ugly Duckling
  21. 21. Any Questions ?

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