Inspiring Presentation by Derek Handley at WCNZ Presentation day, Must Watch for all the young Entrepreneurs. Key points that i find as learning are:
1. Entrepreneurship is a Journey and requires Time.
2. Eagerness to Improve
3. Exploration or in simple words self exploration
4. Acceptance of Facts at all levels
5. Focus
6. Most Important: Patience
Its hard to explain the term “Startups” specially to those who knows nothing about “What startups are?” and i always use to wonder, how to explain the term Startups?
One day i sat down and really thought about it. Startups, more or less it has the same analogy to a business but just with a little change. Startups itself means “the act of starting a new operation or practice”. The keyword “new” here brings that change. Startups are basically build together by a group of people to bring a change. A change in thinking in-order to bring a change in the whole society.
Example is Facebook, Millions of people use Facebook which was started by a group of Harvard students and it brought a change in the whole society of the world via communication style.
So in simple terms, startups can be defined as:
“Innovative minds get together to bring a Change in the society”
If you are in phase of developing & growing your startup.
You want to add a value to your startup.
Make sure that you stand on your startup’s vision.
Many startup at their earlier breath do not think of their vision, which i believe is wrong. If you know your vision of your startup you can think and co-relate it with lots of important mediums. Whether its hiring a new person or proposing a new idea. Its all aligned to the Vision.
Here is a simple Visionary Idea Scanner, helps to scan your ideas:
#include ‘vision_of_your_company.h’
#include ‘analysis_engine.h’
#include ‘stdio.h’
int main(void)
{
vision_test(‘my_new_idea’);
return 0;
}
void vision_test(idea)
{
idea = get_score();
if(idea == 1)
{
printf(“you idea is close to vision”);
}
else
{
printf(“sorry sir.. think again”);
}
}
A simple conceptual program which can help you identify your idea. It’s called as ‘Visionary Idea Scanner’. The best way to verify your idea is to compare it against your company vision. If it aligns to it then that means your idea is correct, follow it.
Steven Johnson answers a question: “Where Good Ideas Come From?” with a brilliant video concept.
Simon Sinek presents a simple but powerful model for how leaders inspire action, starting with a golden circle and the question “Why?”
Being on the Startup World from around 4 years from now, I Learned that every one needs to have a “F Square” Implementation over there startups.
F1 = First —> F2 = Fast
The reason why everyone should follow these is because if your are First then you can verify your model which is very important in the case of startup’s. And If you are Fast then that’s an added bonus, since if your startup gets verified then you are the first to roll out the idea and gets most out of it.
