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Entrepreneurship&
Mountain climbing
Hello!
I am EliyaI am here because I love to talk about and teach entrepreneurshipYou can find me at [email protected]
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
