Entrepreneur Talk for Transition Year Students

Post on 03-Jul-2015

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KantanMT Founder and Chief Architect Tony O’Dowd presents to a group of Transition Year students from St.David’s CBS, Artane, on what it takes to be a successful entrepreneur, and the importance of being first in the market.

Transcript of Entrepreneur Talk for Transition Year Students

Swimming in a

bigger pond

Tony O’Dowd

Founder & Chief Architect

www.KantanMT.com

A World of Opportunities…

Blowing the Roof Off

• Creating a “Sense of Urgency”

• Quicken your approach

• Ask yourself: if I had to do this in 30, 14, 7 days?

• Agility in everything you do…

• Take calculated risks – this is not the same as being rash

• Sprint – Don’t jog and don’t run – definitely don’t walk!

A good plan violently executed nowis better than a perfect plan

executed next week – General S. Patton

Blowing the Roof Off – Unlocking Potential

If I didn’t have a deadline, I wouldn’t get anything done! – REALLY!

Potential

Performance

Pressure

You & Your Team

Blowing the Roof Off – Entrepreneurs

Rodin - Thinker

#1 PitfallParalysis by Analysis

Blowing the Roof Off – Entrepreneurs

#1 Redeeming CharacteristicMaking decisions, even when

all the facts are not known!

Steve Jobs – Thinker & Doer

#1 PitfallParalysis by Analysis

Blowing the Roof Off – Entrepreneurs

Taking Risks

“A person who never made a mistake never tried anything new “

Albert Einstein

Team Challenge

Build a tower with only the resources given Tower must supports weight of an appleTallest tower wins

Blowing the Roof Off – Speed, Velocity, Agility

• 5 Things to remember

• Do rough prototypes

• Do be quick, dirty and early

• Don’t be slow, perfect and late

• Do use just enough technology to get going

• Don’t hesitate to throw away prototypes

Question : Why is speed important?

Blowing the Roof Off – Speed, Velocity, Agility

Answer: Speed wins races!

One more thing……

Take Risks and never NEVER give up trying!

Thank you….

Tony O’Dowd, DCU Invent, tonyod@kantanmt.com