Entrepreneurship - How to take charge of your own destiny

1. Entrepreneurship
How to take charge of your own
destiny

2. The single, most powerful change to
transform the world is to move from
the world is responsible for me to,
I'm responsible for the world.

3. Entrepreneurship is not about
business.
It is about the willingness to take
responsibility for your own life.
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4. Personal SWOT
Strengths Weaknesses
Threats Opportunities
You

5. What do you need?
 Openness to ideas
 Adaptability – willingness to try new things
 Perseverance – try many different ways
 Use what you have – doesn’t have to be unique
 Resilience – willingness to get up again
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A big smile

6. My 7 – Rules
For Entrepreneurs

7. 7
Focus
Read
Learn
Invest
Listen
Quality
Communicate

8. Focus
 What is your goal?
 What does it cost?
 Be disciplined
 Be structured
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What’s your Plan B?

9. Read
 Knowledge is a competitive advantage
 Knowledge gives perspective
 Knowledge elevates, frees, challenges
 Knowledge costs nothing, can’t be stolen
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How many books did you read in the last quarter?

10. Learn
 Reflect on what you read or what happened
 Conceptualize knowledge and experiences
 Document your learning – keep a journal
 Apply the new learning – document results
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Apply an ego blocker

11. Invest
 Work hard
 Invest in your learning
 Be passionate about your goal
 Take your family on board
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Forget sacrifice, think investment

12. Listen
 Seek feedback – it’s your need
 Be humble – arrogance is suicide
 Listen carefully – don’t argue
 Listen to understand – not to criticize
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You have two ears and one mouth for a reason

13. Quality
 Quality is excellence
 Excellence is measurable – use metrics
 Excuses don’t change reality
 Chase quality and success will chase you
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Because quality is about you – not about them

14. Communicate
 To enable others to dream your dream
 Speak to their hearts – not to their minds
 To resolve conflicts
 To build relationships
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Because nobody can succeed alone

15. Loss doesn’t change to gain
because you have an excuse

16. Advice
From a 22 year old entrepreneur
Nabhan Mahmood, Iron Threads, Hyderabad

17. Planning is supposed to make
things progress not stagnate.
 Most people spend more time on thinking, analyzing and
writing out their plans, than they do on actually acting on
them. It is essential to anticipate potential beneficial and
harmful scenarios and have a thorough plan to deal with
both. But an entrepreneur must accept that no plan is
risk free or disaster proof. His plans are supposed to
make his dreams come true not cripple them with over
thinking and doubts.
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18. Business is something you learn by
doing and not something you do by
learning.
 The best way to become an excellent entrepreneur
is by joining a business or establishing a business
and not by spending the most vital years of your
youth reading text books that can't compensate
for actually learning by being in the field you're
passionate about.
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19. You're never too young to be
successful.
 Work sooner, work more and work better. Failure
from not trying is worse than failure from trying
unsuccessfully. The only mistakes you don't learn
from are the ones you repeat and the ones you
never make. It's never too early to make profits,
the younger you start the more time you allot to
your dreams.
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20. You don't need anyone's endorsement to
make your dream a reality.
 There's a reason why it's your dream and no one
else's because it requires your belief, not anyone
else's. You don't need permission to be successful,
and the only person you need to make things
happen is the one reading this sentence .
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21. www.yawarbaig.com