Entrepreneurship and Mountain Climbing!

Entrepreneurship&

Mountain climbing

Hello!

I am EliyaI am here because I love to talk about and teach entrepreneurshipYou can find me at elon.eliya@gmail.com

Agenda:

● What is entrepreneurship● Myths about entrepreneurs● Frameworks for creating high growth

ventures● Mountain climbing

What is entrepreneurship?

“entrepreneurship is the pursuit of opportunity

beyond resources controlled.”

Professor Howard Stevenson

“Pursuit”

● Singular, relentless focus!● Tangible progress● Gathering resources● Urgency (“Gun to head” Vs. Portfolio)

“Opportunity”

● Amazing offering:○ Pioneering an innovative product○ New business model○ Better, Cheaper, Faster then existing (10X rule)○ Re-Segmenting existing product

“Beyond resources controlled”

● Scarce Resources● Pre-Investment:

○ Human○ Social(Network)○ Financial

Entrepreneurship

SME(Small Medium Entrepreneurship)

Local MarketsServices

Dry Cleaners

Cafe’s

IDE(Innovation driven entrepreneurship)

Global MarketsProducts for export

Sustainable competitive advantage

● Time span is short● Linear growth● Small investment required

● Time span is long● Exponential growth● Big investment required

Biz ModelMarket Technical

Different

kinds of...

Myths about entrepreneurs

Common

They are the smartest and most high achieving

people in the room

Entrepreneurs are individualists

Entrepreneurs are born, not made

Entrepreneurs love risk

Entrepreneurs are successful because they

are charismatic

Entrepreneurs are undisciplined

Frameworks for creating IDE’s

Fundraising andEntrepreneurship

IsMountain climbing

The Opportunity

We want

a big one

The Team

A strong holistic

team helps us go

faster

Not Being

Knowledgeable in

your field!

It’s like walking naked in the snow

Is this your Market?

Aiming for a hill instead of a mountain market

Being A

Solo-preneurClimbing a

mountain alone is

almost impossible

Remember this?

A pastoral view

What might go

wrong?

Everybody

thinks about this

OH the succes!

When you get closer,

Looks More like this

WHY DID I EVEN GET INTO THIS!

Thanks!

Any questions?You can find me at