Professional Documents
Culture Documents
About me
Education
Work (LinkedIn:
http://www.linkedin.com/in/usmanjmalik)
Experience
Failures
Who is an Entrepreneur?
entrepreneur noun \n-tr-p(r)-nr, -n(y)ur\ One
who organizes, manages, and assumes the risks of a
business or enterprise (Mariam Webster)
Entrepreneurship: Putting to use an individual's
talent in the resources in which he is available with;
and expanding these resources in the future so that
one can get individual as well as general i.e. social
success (Wikipedia)
Attributes of an Entrepreneur
Discipline
Confidence
Open Minded
Self Starter
Competitive
Creativity
Determination
Determination
People skills
Strong work ethic
Passion
Zest
Foresight
Luck!
Pace of ingenuity?
Albert Einstein: I wish to do something Great and
Wonderful, but I must start by doing the little things
like they were Great and Wonderful
1.
Contemplate:
contemplate
/kntmplt/ Look at
thoughtfully or think
about.
2. Finding your niche
3. Finding the opportunity
4. Feasibility
5. Identifying the market
6. Uniqueness (USP)
7. Strategy
8. Finding Competitive
Advantage
9. Product/Service
differentiation
10. Operations
Management
11. Branding
12. Legal
13. EXIT!
Spin-off!
Got a bright idea? proof of concept
Can translate it to a real product/service?
prototyping
Resources? Capital
Getting acceptance Early adopters
Limited Resources!
Risks
In our neighborhood
STEP: Science & Technology Entrepreneurs Park
SL NO
STEP LOCATION
NUMBER OF UNITS
TECHNOLOGIES
EMPLOYMENT
DEVELOPED
17
800
Mysore
95
Trichy
106
26
1100
Kharagpur
31
59
313
Ranchi
60
60
695
Pune
25
60
160
Roorkee
14
40
150
Ludhiana
95
53
680
Kanpur
31
10
200
Mumbai
45
200
10
Bhopal
46
148
11
Suratkal
50
450
12
Coimbatore
18
Patiala
13
Source: http://it4b.icsti.ru/1000ventures/a/countries/india/TBI_20System_20in_20India_20-_20by_20Menon.doc
QUESTIONS?