The presentation covers some primary personality traits that entrepreneurs need to be successful, especially in Nepal's context. It also shares some key insights into what makes entrepreneurs successful.

1. Are you an Entrepreneur? Presented By: Vidhan Rana Founding Partner-Managing Director www.biruwa.net Biruwa Ventures, Pvt. Ltd. twitter.com/biruwaventures facebook.com/biruwaventures

2. What are your career goals? What do you want to do after graduation? A banker A government employee A social worker (NGO) A professional (lawyer, doctor, marketing, sales, etc.) Go abroad Join family business Start my own business, AN ENTREPRENEUR

3. Are you passionate about any ideas? Find something that makes you jump of your bed every morning If your sole goal is making money, then you may not be ready yet Start something that you are already familiar about

4. Be an entre-manure It isn’t always necessary to invent something new Most successful businesses take existing products and services and tweak it to make it better Be curious Don’t be narrow minded

5. Are you a little insane? Be ready to make many financial and personal sacrifices Roughly half of startup companies fail within 5 years Less time with family and friends

6. Can you handle multiple responsibilities? Be ready to handle multiple responsibilities Be the CEO, Sales Rep., financial officer, marketer, HR manager Ask for help from friends, colleagues and mentors

7. Can you make decisions on the fly? Make decisions quickly and boldly Be OK with lack of structure Can live with your decisions even if they turn out to be bad

8. Go with your gut Rely on your instincts to deliver the right product to the market Introduce products before the market asks for it Think about the future, and what people will need then

9. Are you a good communicator? Be persuasive and well-spoken! You will need to sell your ideas to investors, partners and customers Make people believe in your vision as much as you do

10. Are you a leader? Be a doer not a talker! Be comfortable with delegating responsibilities Initiate projects and see them through

11. Don’t Let Bozos Grind You Down “When the Paris Exhibition closes electric light will close with it and no more will be heard of it” - Erasmus Wilson, professor at Oxford University, 1878 “The ordinary ‘horseless carriage’ is at present a luxury for the wealthy; and although its price will probably fall in the future, it will never, of course, come into as common use as the bicycle.” - The Literary Digest, October, 1899

12. Are you ambitious? You are a go-getter and are very competitive If you don’t have a strong passion to succeed than you are more likely to fail Once you accomplish one goal you strive for more

13. Are you patient and persistent? Small failures should not affect you Be creative, patient and very persistent If you fail, don’t be down, learn from the failures and adapt accordingly

14. “I overheard someone dismissively talk about how Rovio had everything handed to them and that’s why they had “overnight success”. I almost went medieval on them. There is no denying that Angry Birds is a culture phenomenon, but one thing it’s not is an ‘overnight success’. Rovio developed many other games unsuccessfully for 8 years before catching this huge break.”

16. www.biruwa.net http://www.facebook.com/groups/bizincubator/ A place to grow your ideas