If you are a wannapreneur or some one who wants to jump into entrepreneurship, here are 10 points that you should keep in your mind when you startup

1. Starting up
10 point guide

2. Hello!
I am Arvind Subramaniam
I am here to tell you that starting up is not easy.
And it’s not for everyone !

3. Startup vs Small Business
What's the difference ?

4. Small
Business
Permanent, Predictable & Stable

5. “ A small business is a
permanent organization
designed to execute a
repeatable , linear and scalable
business model in a
predictable and stable
Environment to deliver growth

6. Startup
Non Linear, unpredictable and exponential
growth

7. “ A startup is
a temporary organization
designed to search for a
repeatable ,non-linear & scalable
business model in an
environment of
extreme uncertainty to deliver exponential
growth

8. Growth vs
Exponential
growth

9. Business man vs
Entrepreneur
What's the difference ?

10. Businessman
Can I make Money ?
A Thin line
Entrepreneur
Can I solve a problem &
make money out of it ?
10

11. The Guide

12. Ideas are worthless
Believe me!
1

13. “ Most Ideas never reach
the real world.
Execution is key.
Focus on execution!

14. Strong value proposition
Focus on problem solving
2

15. “ Can I make the current process
Better, Faster, Cheaper
than it already is?

16. Are you smarter than me?
Team matters
3

17. “ Surround yourself
with smarter people.
Smarter cofounders.
Smarter employees
Focus on complimentary skillsets.

18. Bootstrap
Get by with less
4

19. “ Spend when necessary.
Spend within your means.
Spend for customer experience.

20. Minimum viable product
Prototyping
5

21. “ If you are
not embarrassed
by the first version
of your product,
you have launched
too late.

22. Fail fast
Fail safe
6

23. “ Embrace lots of
little experiments.
Know that
some will work and grow,
and
some will fail and die.

24. Make money
Or go home
7

25. “ You cannot call it a business
unless it makes money.
You may call it
a hobby, passion, or dream.
Do not lose sight
of the purpose.

26. Be hungry, be foolish
Eager, brave, stupid
8

27. “ Be eager – learn the ropes.
Be brave - take the leap.
Be stupid - battle the odds.
Take informed risks.

28. A little bit of luck
Just about 1%
9

29. “ Being at the right place,
at the right time,
with the right people
matters.
Plan for things
beyond your control.

30. Entrepreneurs never fail
Businesses do
10

31. “
You are not alone!

32. Thank you!
Any questions?