startup academy 2014 - entrepreneur's mindset in a changing wrold

THE MINDSET

LEARN THE CHEMISTRY OF SUCCESS

EXECUTION

DREAM

POWER

MINDSET

CSI: ENTREPRENEURS AUTOPSY

THE MINDSET

Change the way you think about

YOURSELF

1

THE MINDSET

Change the way you think about

THE WORLD

2

THE MINDSET

Change the way you think about

MONEY

3

THE MINDSET

NEVER

GIVE UP!

andNEVER NEVER NEVER EVER

THE MINDSET

CONSCIOUSNESS: the ability to see the world from the perspective of someone responsible for it.

COMMITMENT: the ability to put the goal above your ego

AWARENSS: the ability to notice things around

WICKED: the ability to cut edgesCREATIVITY: the ability to create new value

PASSION: the ability to burn in bright flames for a goal

EXPERIENCE: the ability to breakdown experience into useful bits of information

FAILURE: the ability to rejoice failure

THE MINDSET

WORKOUT

with the right questions.

THE MINDSET

OPPORTUNITY

CHANGE

PROBLEMS

TRAINSPOTTING… SORT OF

THINK Imagination running wild

LISTEN Become a giant question mark.

LOOK FOR GAPSGaps are related to time

useless to one, meaningful to others

THE POWER OF ASSOCIATION

train your association musclecombine the not obvious

FILTER What does this have to do with me, with my expertise? How does this fit into my picture of the universe?

ASK FOR ITWhen you meet someone bright ask them for a thought

Great minds share

ACTION

There will be more confusion in the business world in

the next decade than in any decade in history. And

the current pace of change will only accelerate.

S&P Stability Ratings*

1985 2006

LOW RISK 41% 3%

AVERAGE RISK 24% 14%

HIGH RISK 35% 75%*Likelihood of stable long-term earnings growth

3,000 million people want to have what most

Westerners already have – and they want it NOW!!!

600,000/engineering degrees/2004/China

350,000/engineering degrees/2004/India

70,000/engineering degrees/2004/U.S.A.

CHINA NOW HAS

200 cities with

>1,000,000

population.

Level 5 (top) certification/

Carnegie Mellon Software Engineering Institute:

35 of 70 companies in the world are from India

25% of India’s Population with highest IQ’s...

...is GREATER than the total population of the US.

Top 10 jobs in-demand today...

...did not existed in 2004.

We are currently preparing people...

...for jobs that don’t yet exist...

...for using technologies that haven’t been invented...

...in order to solve problems, we don’t know are even problems yet

One in three jobs will be taken by...

...software or robots by 2025

FACEBOOK now has over 750 000 000 registered users

...if it was a country, it would have been the 3rd largest in

the world.

Number of Google Searches per month

2,7 billion in 2006

36.1 billion in 2009

100.0 billion in 2012

The amount of unique information that will be

generated this year:

4 exabytes (4.0x10^19)

That is more than the previous 5000 years

Brands have run out of juice. They are dead.

Kevin Roberts/Saatchi & Saatchi

ME TOO = ME DEAD

What the next age will be?

Age of Mass Convenience:

Age of Mass Production:

Age of Aesthetics:

Age of Social Media:

“If you can’t win on cost,

then you’re left with cool.” Anon./NZ

“You know a design is good when you want to lick it.”

Steve Jobs

Mall of America in Minneapolis attracts 40 million visitors a year – more people

than Disney World, Disneyland and the Grand Canyon combined!!

Consumers of the world congratulations!!

Shop till you drop!!!

“Forget China, India and the Internet: Economic Growth Is

Driven by Women.

—Headline, Economist, April 15, 2006, Leader, page 14

GIRLS ARE THE NEW BOYS!

!

!

• Only 17% are actively ‘engaged’

• 63% aren’t engaged !

• 20% are actively ‘disengaged’

What workers really think about work?

People don’t quit jobs... they quit bosses.

Ken Blanchard

4 IDEAS on getting it done

get that vision thing

create other leaders, not followers

give your team a damn good listening to

be an enemy of the status quo

When two people in business always agree, one of

them is unnecessary.

William Wrigley jr

If you want to be part of this team - have an opinion.

“You can make more friends in two months by

becoming interested in other people than you can

in two years by trying to get other people interested

in you.”

Dale Carnegie

“90% percent of what we call ‘management’

consists of making it difficult for people to get things

done.”

Peter Drucker

“The first 90% of a project takes 90% of the time. The

last 10% takes the other 90% of the time.”

Richard Templar

Scare yourself, otherwise you’re not doing anything

new.

Mary Murphy Hoye, Head Of R & D, Intel

“We have a ‘strategic plan. It’s called doing things.”

Herb Kelleher – Founder Southwest Airlines

The secret of getting ahead is getting started

Agatha Christi

Nothing is more dangerous in war than theoreticians.

Marshall Petain

Innovation Index: How many of your Top 5 Strategic

Initiatives score 8 [out of 10] or higher on a :

“Weird”

“Profound”

“Wow”

“Game-changer”

The one thing you need to know about individual success:

Discover what you don’t like doing and STOP doing it."

Marcus Buckingham

People can be divided into 3 groups

those who make things happen

those who watch things happen

those who ask ‘what happened’?

Innovate

or

Die!!

Get Better!

Vs

Get Different!

A typical day at the office for me begins by asking

‘What is impossible that I am going to do today?’

!

Daniel Lamarre, president, Cirque du Soleil

“The best swordsman in the world doesn’t need to fear the second best swordsman in the world; !no, the person for him to be afraid of is some ignorant antagonist who has never had a sword in his hand before; he doesn’t do the thing he ought to do, and so the expert isn’t prepared for him; he does the thing he ought not to do and often it catches the expert out and ends him on the spot.”

!

Mark Twain

“How do dominant companies lose their position? !

Two-thirds of the time, they pick the wrong competitor to worry about.”

Don Listwin (commenting on Nokia)

!

“Are there enough weird people in the lab these

days?” !

V. Chmn., pharmaceutical house, to a lab director

“The surplus society has a surplus of SIMILAR companies, employing SIMILAR people, with SIMILAR educational backgrounds, coming up with SIMILAR ideas, producing SIMILAR things, with SIMILAR prices and SIMILAR quality.” !

Kjell Nordstrom and Jonas Ridderstråle, Funky Business

!(1) Because when Anything Interesting happens ... it was a FREAK who did it. (Period.) !(2) FREAKs are fun. (FREAKs are also a pain.) (FREAKs are never boring.) !(3) We need FREAKs. Especially in freaky times. !(4) FREAKs are the only (ONLY) ones who succeed—as in, make it into the history books.

Why Do I love FREAKs?

“ARE YOU BEING REASONABLE? !

Most people are reasonable; that’s why they only do reasonably well.”

Paul Arden

• The Great value innovator Jesus took risks and was crucified. • Alfred Nobel took risks and passed away in solitude. • Van Gogh took risks, was ridiculed and committed suicide. !• For every Bill Gates and Michael Dell, or any other well known, risk-prone, explorer, there are thousands of others who tried and failed. They lost everything! !The innermost mechanism of human progress is called failure. If it were not for all the fools trying to do the impossible – over and over again – we would still be living in caves.

“If people never did silly things, nothing intelligent would ever

happen.” Ludwig Wittgenstein

“You miss 100% of the shots you never

take.” Wayne Gretzky

WHAT DOES IT ALL MEAN?

“A year from now you may wish you had started today.”

Karen Lamb