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Embracing Entrepreneurship: Enjoying the Journey

Discover the reasons why entrepreneurship is worth pursuing, examine your personality fit, set a strong foundation, write an effective business plan, pitch your ideas, and learn valuable lessons. Stay hungry, stay foolish!

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Embracing Entrepreneurship: Enjoying the Journey

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  1. ENTREPRENEURSHIP =Enjoying Every Moment of The JOURNEY

  2. WHY ENTREPRENEURSHIP ?

  3. Yes, I have a Purpose • Opportunity • Autonomy • Responsibility towards society • Legacy • Accomplishment

  4. How ENTREPRENEURSHIP ?

  5. Examining Your PERSONALITY • Think about your priorities. • Decide whether your personality is a good fit for entrepreneurship. • List your strengths. • Determine to succeed. • (Know YOURSELF)

  6. Setting Your FOUNDATION • Brainstorm a great idea. • Research your market. • Talk to potential customers/clients. • Determine what you can risk. • Understand the idea of “acceptable loss.” • Commit to a goal, not a plan. • Build a Team of Intrapreneurs, Hire HR > 10 Employees • (Accept changes and market feedback.)

  7. Writing Your Business Plan - 1 • Create a business plan. • Write a company description. • Present your market analysis. • Include a section on organization and management. • Provide information on your service or product. • (Create your own value add)

  8. Writing Your Business Plan - 2 Describe your marketing and sales strategies. Outline a funding request. Outline your financial projections.  Include appendices, if necessary. Write your executive summary.  (Don’t assume anything )

  9. Prepare your PITCH • Develop an elevator pitch. • Create presentations that summarizes your business plan. • Practice your pitches.  • Ask for feedback. • (Its okay tobe embarrassed at your first release. #gmail)

  10. Taking Your IDEAS to Others • Network, network, network. • Develop a strong brand. • Ask network contacts to refer you to investors. • Acquire investors.  • HAPPY SELLING

  11. SIMPLE MANTRA : STAY HUNGRY, STAY FOOLISH (sounds familiar)

  12. TOP 5 LEARNINGS Your Enthusiasm and Passion should be complemented by Good INTENT. You are not expected to know everything. Whatever Happens, Happens for Good! (Akbar BirbalStory) Failurecomes with an assurance of Gainingsomething after it. Find what Excitesyou the most. Treat this as serious as a marriage proposal. And if you Religiouslydo that, Rest everything will follow. Belief can give life toa dead. Believe in your idea, believe in yourself. Everyone else will automatically get attached (out of everywhere).

  13. Do What makes You feel ALIVE Yudhisther Yadav @yadavyudhisther +91 9619609509 yadav.yudhisther@gmail.com yudhisther@nasscom.in

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