Hello!

I’m Muhammed Nasrullah aka Nash

Batch 10, FCSE

flavors.me/nash nasrullah@gmail.com

I am founder and CTO of

Who I was:President ACM,

Webmaster 2003-2005,FCSE Automation,

Author of GIKI Yearbook

The Default Path• School• College• University• Job at Multinational• Marriage• Higher Education/Academics

What other alternatives are there?

Entrepreneurship

Entrepreneur: A person who organizes, operates and assumes risks for a

business venture

That Means: They change the world

Entrepreneur: High risk, high innovation

Instability (aka No monthly paycheck)

High Risks:

Risk of Failure

High Risks:

The Rewards:

Change the world

Rewards:

Create jobs

Rewards:

Solve problems

Rewards:

Get rich doing it

Rewards:

Why aren't there enough Entrepreneurs?

Failure.

Fear of Failure.

Innovation is tricky

The fairy tale: All successful companies you

hear about never failed

The Road to Success is paved with Failure

“I have not failed. I've just found 10,000 ways

that won't work.” Thomas Edison

Took 50,000 tests to develop the nickel-iron

alkaline battery still used 90 years later today

It took more than 2,000 tests to find the right filament for the light

bulb.

Traf-O-Data

Bill Gates first company(it failed)

“Before Paul and I started the company, we had been involved in some large-scale software projects that were real disasters. They just

kept pouring people in, and nobody knew how they were going to

stabilize the project. We swore to ourselves that we would do better”

Bill Gates

Paypal was Max Levchin's 3rd company

The Facebook was not Mark Zuckerberg's first

website

“Your work is going to fill a large part of your life, and the only way to be

truly satisfied is to do what you believe is great work. And the only

way to do great work is to love what you do. If you haven't found it yet,

keep looking.”Steve Jobs

Have you ever given a speech?

In order to succeed, learn to deal with failure

Be prepared to be disappointed by the

market response

Dealing with Failure:

Support system: family, spouse, friends

Dealing with Failure:

Plan B (a job)

Dealing with Failure:

Analyze what caused the failure

Dealing with Failure:

It's only a failure if we fail to get the learning

Dealing with Failure:

Great (free) ebook on dealing with Failure: Blue Screen of Death (Jawwad Farid – CEO

Alchemya)http://bluescreen.alchemya.com/

My advice

Start your startup in your 3rd or 4th year

Pick a problem/area you are passionate about

Google started in Stanford's dorm room

Facebook did so in Harvard's

You can find great people to help you with

it

Reduced pressure: can be done along with your

studies

No financial obligation, you're just a student

Make your startup idea, your FYP

You will still benefit with the grade

Even if it fails, you will be successful (wiser, course

grade)

Work Hard,Very Hard

The Harder You Work,The Luckier You Get

Stop satisficing

Never Miss an Opportunity to be Awesome

Have Faith: Believe in yourself

Do A lotwith little

The Bootstrapper’s Bible (Free)Seth Godin

http://changethis.com/8.BootstrappersBible

Study Hard

If you don't read good books, there's no

advantage over the illiterate

The Art of the Startby

Guy Kawasakihttp://bit.ly/cgFcRp

Do a startup

Don’t be afraid of failure

Change the world

flavors.me/nashnasrullah@gmail.com