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The Art Of The Start By: Zeeshan Ahmed Enroll: 8055 M.B.A . AGBS. Great Ideas For Starting New Things. Five Accomplishments of an Entrepreneur: Make Meaning Make Mantra Get Going Define Your Business Model Weave a MAT ( Milestones , Assumptions & Tasks).
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The Art Of The StartBy: Zeeshan AhmedEnroll: 8055M.B.A.AGBS.
Great Ideas For Starting New Things Five Accomplishments of an Entrepreneur: Make Meaning Make Mantra Get Going Define Your Business Model Weave a MAT ( Milestones , Assumptions & Tasks)
Make Meaning : let your product be of some use and feasible in the market. Make Mantra: show that your tagline speaks the best, let it stay short & sweet. Get Going : Don’t wait for an occasion to make a breakthrough , just do it NOW. for this you need some theories: a) THINK BIG b) FIND A SOULMATE c) POLARIZE PEOPLE d) DESIGN DIFFERENT e) USE A PROTOTYPE MODEL
4. Define Your Business Model : Know what you are doing in your business , some key aspects can be said like; • BE SPECIFIC • KEEP SIMPLE • COPY SOMEBODY • 5. Weave a MAT : It gives you the scope, assumptions and flaws in your thoughts. • a) Milestones – Keep measurable goals • Key milestones for any firm are: • Finish a prototype. • Complete design specifications. • Raise capital. • Ship a testable version to customers. • Ship the final version to customers. • Achieve breakeven. • Prove your concept
b) Assumptions – Create targetable assumptions in order to achieve your milestones c) Tasks – It gives you an idea for what you have to accomplish.
MiNiChApTeR: The Art Of Internal Entrepreneuring Creative Thinking is the fuel of entrepreneurs , one has to come out with fresh and updated examples to keep themselves on the stands and on demand. Some recommendations like : 1. Put the Company First : Motivation when carried in the interest of the company will bear fruits both internally and externally whereas selfishness may not. 2. Kill The Cash Cows : If a product has brought you enough deals, then kill that product and come out with enhancements or upgrades. You have to be your own competitor rather than someone else .
3. Stay Under The Radar : Be transparent in your job irrespective of the position and let others learn from you which in turn escalates your firm. 4. Find a Godfather : Try to get some support from certain elderly people i.e. “Godfather” who can guide, advice, have some technical and marketing insights. 5. Get a Separate Building : Staying away from certain distractions will help you attain your accomplishments , but one has to be in the proximity so that he is under the radar. 6. Give Hope To The Hopeful : The zeal in making your company BIG is always appreciated and supported. 7. Anticipate, then Jump On, Tectonic Shifts : Dismantling is beneficiary in internal entrepreneurship. It actually brings opportunities and the time for your efforts to utilize.
8. Build on What Exists : Watch the market and then start building up no matter even it’s a steal. 9. Collect and Share Data : sharing whatever data you have collected over a course will make u stay relaxed from certain doubters . 10. Let the Vice President’s Come To You : Your insights and ideas when shared at the right time with the company will make you more reliable. 11. Reboot Your Brain : One should be adoptive to the environment in his workplace , it seems to be difficult initially but have to implement his behavior which is like booting your brain.