Entrepreneurship - without Side Effects

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These slides were the part of talk delivered by Ashwini Rath at IIT Kharagpur on October 23, 2011

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Ashwini Kumar Rath

http://ashwinirath.com

When you succeed, people write about you. If you fail, you can write a book with your own story.

It’s a decision.

“Never discuss with an ice-cream bar in your hand! You will either loose ice-cream or both, but can’t retain both.”

“An entrepreneur is like a person who stands on a cliff and flies kite.”

An entrepreneur can start with almost zero investment. It can even be smaller than that is needed for a vegetarian meal in a five star hotel.

First Customer&

First Revenue

We focus on our core expertise and team up with people beyond that. If team sync, capability multiplies; else radically worse thing happens.

Challenges come anytime, and require us to sacrifice one thing over others. It is all about balancing your priorities at that moment.

The customer may not be aware of our culture or our festivals. It may lead to a mini-war between civilizations.

When we become our own boss, we loosen up; and the very venture is deprived of our rightful contribution.

Fame is fickle.

Both wealth and knowledge are democratic.

Globalization

Economic ChangesUnification

The New World

Don’t undermine barbarians! Their parts of the world also change like ours.

Need for a flexible world view.

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