The Journey from a graduate to an Entrepreneur

Looking Beyond the Obvious

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The Evil Indoctrination

What we conveniently overlook about our environment around

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1. The Stigma Of Failure

‘Willingness to fail often determines the ability to

succeed’

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Afraid of Jumping High Enough!

- My bones are going to break harder than any other guy- I would Jump in the ditch only if I see somebody else do it

The ‘Age-Risk’ Proportionality Index

-The chances of failing in a foolish endeavour 1/(Age)- The Ego to avoid failure or embarrassment (Age)

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Vinod Khosla (IITD, Silicon Valley Entrepreneur & Investor)Sun Microsystems | First Generation Entrepreneur & Billionaire

2. Doing what you love is not that easy

‘There is not enough time in the world to go out and fulfil somebody else’s dream’

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Passive about your choices?

- Miserable and Confused in your 20s is much more favourable!

- Poverty is not permanent, Misery is and stays with you!

Passion Vs Money

- Fancy MBA degrees – End up as prime listings on matrimonial!

- What career you want to have Vs what kind of life you want to lead 7IndieHaat Ventures

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Guy Kawasaki (SV Evangelist and billionaire Investor)Worked with Steve Jobs in the Macintosh Division 83-87

3. Creating a Impact – Disrupting the Status Quo

‘Not ready to settle for ‘inconsequence’ because my aspiration for the world and my life in it is beyond its mundane mediocrity’

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Mediocrity is ‘self-selected’; Change is a Challenge

Impact should be 10x not 10% better

- Experience is like mortgage, difficult to dump it aside and move on

- Impact is not just about affecting lives; it is about creating ‘wealth’

- Right a Wrong; That distresses you about your surroundings

- Technology is emancipating; Only few know how to use it

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Guy Kawasaki (SV Evangelist and billionaire Investor)“Experience is overrated when starting a company”

4. ‘Naive’ Optimism with ‘Religious’ Fervour

‘The last time I felt really passionate about a cause was when I filed my 2+2 application for Harvard Business School’

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The Bozo Effect Vs The God Gene

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- Bozos assimilate ‘influence’ quickly; champions of the status quo

- Polarize ‘opinions’ and ‘people’; embrace uncertainty with courage

Confidently say what they don't like?

- Moving out of comfort zones creates out of the world ideas!

- Entrepreneurs atheists to theology of ‘acceptance’; they change things to survive!

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5. The possibility – certainty Matrix

What do you believe in – Possibility or Certainty?

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Before Graduation

Post Graduation

95% chance that you will succeed to graduate with a

great job offer

95% chance that you fail to graduate with a great job

offer

Fear of Disappointment and failure

5% chance that if you start-up you will create a high impact

change

5% chance that if you leave your six-figure salary you may

not get back to it

Fear of Disappointment and failure

RISK AVERSE

Failure is inconsequential ; kicks in courage

RISK SEEKINGRISK AVERSE

RISK SEEKING

‘Naive’ belief that failure can be avoided; kicks in courage

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95% chance that you will succeed to graduate with a

great job offer

95% chance that you fail to graduate with a great job

offer

Fear of Disappointment and failure

5% chance that if you start-up you will create a high impact

change

5% chance that if you leave your six-figure salary you may

not get back to it

Fear of Disappointment and failure

RISK AVERSE

‘Naive’ belief that failure can be avoided

RISK SEEKINGRISK AVERSE

RISK SEEKING

‘Naive’ belief that failure can be avoided

Possibility

Possibility

Certainty

Certainty

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The Entrepreneur Gene

-Learn to Accept Failures; Embrace uncertainty

-Own your choices; Struggle to Discover what you would love doing for the rest of your life

-Challenge yourself to make an Impact

-Back yourself and your beliefs

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Questions?

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