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Session 1 Outlook, Creativity and Passion
Sreeram Pydah | [email protected] | @SPydah9
Master Agenda for Startup BootcampSession 1 - January 22nd
Sreeram PydahOutlook, Creativity and PassionSession 2 - January
29th Sreeram Pydah Behavior traits for a successful
entrepreneur.Session 3 - February 12th Sunil Sabat Turning your
passion into a business opportunity.Session 4 - February 19th Sunil
SabitSteps needed for your startup ... 1, 2, 3 GO.Session 5 -
February 26th Sreeram PydahFinancials of the business
opportunity.Session 6 March 5th Sunil Sabat Presentation skills,
successful pitches & FundingSession 7 - March 12th - BaoFiling
your patent and patent gotchasSession 8 - March 19th - Team
Tweaking business plans and getting it readySession 9 March 26th
Team Pitch your business plan to VCs (12 spots only)Session 10
April 2nd - TeamProgramming help and guidance with App Dev
Instructors will pick the 12 teams that will pitch. Top 3 teams
will be awarded a certificate.
Note: Final 3 teams that will be selected to represent the
location may not be the teams that are awarded a certificate
because a lot of emphasis will be laid on the actual development
and progress of the application.
Who is an Entrepreneur?
Video Link: https://www.youtube.com/watch?v=csYxR-lPMYE
What IS Entrepreneurship? The activity of setting up a business
or businesses, taking on financial risks in the hope of profit.
"Most people think being an entrepreneur is all about coming up
with an idea, but that's just one part. It's also important to
know, right from the start, how you will reach interested customers
in an effective and affordable way." Elizabeth Amini Entrepreneur
& Adjunct Professor, Marshall School of Business, USC
"At its core, it is a mind-set a way of thinking and acting. It
is about imagining new ways to solve problems and create value." -
Bruce Bachenheimer, a clinical professor of management and
executive director of the Entrepreneurship Lab at Pace
University.
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Instructing Teams Creative Journey
Amit SethYahoo - 2,032 products turned upside down to create 500
Million products instead (to now a Billion).
Nielsen - Digital transformation monetizing data held in silos,
opening new business lines via Innovation. Yielded $600M per year
in additional revenue (10% of revenue).
Founding CEO of eJadoo sold to Good, which got bought by
Blackberry.
Board of Advisor of Trident Capital ($2+ Billion VC firm),
specializing in Data and Advertising startups funding.
Board of Advisor (EIR) of Plug and Play Tech Center, worlds
largest Startup Incubator.
Mentored multiple startups, as Board of Director or Advisor, to
raise VC money, pivot, get sold, etc.
Sunil SabatFamily Turmeric BusinessIntel Incorporating AI in
next generation Chip DesignCadence Innovative Circuit Design
TechnologyStartups Aspect acquired by I2, Eprise Founding CEO of
KbyteStartup Ardent acquired Prism, Ardent acquired by Informix,
Informix acquired by IBMCreated IBM RedbookReal Estate Investment
VentureBig Data and AI Journey Informatica and Protegrity (Security
Space)
Sreeram PydahIntellution Factory Automation & Robotics
Developed a multitude of innovative technologies for Intel, IBM,
Kimberly Clark, Hitachi, etc.
Founding CEO of Prosoft Systems, Inc. Factory Automation &
Robotics products for Toshiba, EB Nera (Norway), Hershey Chocolate,
Hoover Dam, Anheuser Busch, Amgen, etc.
Founding CEO of MEDantex Healthcare Services & Technology
Cloud based technology for Medical Transcription, Teleradiology and
Sleep Study.
Founder of CardiaNex Cloud based Cardiac Arrthymia monitoring
Big Data, IoT and AI.
Founder of multiple philanthropic organization including Abhayam
and Sri Mahakaleshwar Mandir
Mentored multiple startups, as Board of Director or Advisor.
Entrepreneurs Outlook
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Entrepreneurs Outlook
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Creativity is the act of turning new and imaginative ideas into
reality. Creativity is the ability to perceive the world in new
ways, to find hidden patterns, to make connections between
seemingly unrelated phenomena, and to generate solutions.What IS
Creativity?
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What is my Passion?
Passion is one great force that unleashes creativity, because if
youre passionate about something, then youre more willing to take
risks. Yo-Yo Ma
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Why is Creativity Important?Video Link:
http://ecorner.stanford.edu/authorMaterialInfo.html?mid=2267
Creativity Can Change the World. Lets See How.
Google Revolutionized search by using a completely new approach
to an old problem. Today they have a market cap of $500B+.
Search Pre-Google Google
Google did not stop there. They continue to innovate with
Android, Self driving cars, Google Glass, among other products.
Apple
Most valuable company in the world today! Apples Revolutionary
Lineup
Devices Pre-Apple
TeslaPushing the limits of battery power. They proved that
battery-powered cars are not only possible but desirable. Teslas
valuation exceeds $30B, which is more than double the valuation of
General Motors, the largest U.S. automaker.
Netflix Found a creative solution to the old Blockbuster model
where consumers had to go to a physical store to rent and return
DVDs. Netflix made it easy by offering a subscription model that
allowed customers to rent as many movies as they wanted - with no
late fees.
Toms ShoesA simple yet impactful idea that has helped both
physical and mental well being among children!Vdeo Link:
https://vimeo.com/79833962
How to Bring Creativity intoEntrepreneurship?
1. Ask Compelling Questions
2. Challenge Assumptions
3. Convert Ideas into Prototypes
4. Execute
5. Iterate
Class Exercise
Exercise: An App that can improve Lives of the
UnderprivilegedForm Teams (all startups start with a Founding Team
Co-Founders): 5 people per team, assign a leaderA cool name for
your team write the team name and team members names20 mins to
brainstorm an initial idea, which will be developed more as we
progress through the campSubmit idea and if time permits we will
discuss a couple
Appendix
Jugaad: A Word Taken from Hindi: Meaning Finding a Low-cost
Solution to any Problem in an Intelligent Way
Jugaad: Indias Way of Thinking Creatively: Constructively,
Differently about Innovation and Strategy.
