StartUP Academy 2014 - Entrepreneur's Mindset in a Changing Wrold
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Transcript of StartUP Academy 2014 - Entrepreneur's Mindset in a Changing Wrold
THE MINDSET
LEARN THE CHEMISTRY OF SUCCESS
EXECUTION
DREAM
POWER
MINDSET
CSI: ENTREPRENEURS AUTOPSY
THE MINDSET
Change the way you think about
YOURSELF
1
THE MINDSET
Change the way you think about
THE WORLD
2
THE MINDSET
Change the way you think about
MONEY
3
THE MINDSET
NEVER
GIVE UP!
andNEVER NEVER NEVER EVER
THE MINDSET
CONSCIOUSNESS: the ability to see the world from the perspective of someone responsible for it.
COMMITMENT: the ability to put the goal above your ego
AWARENSS: the ability to notice things around
WICKED: the ability to cut edgesCREATIVITY: the ability to create new value
PASSION: the ability to burn in bright flames for a goal
EXPERIENCE: the ability to breakdown experience into useful bits of information
FAILURE: the ability to rejoice failure
THE MINDSET
WORKOUT
with the right questions.
THE MINDSET
OPPORTUNITY
CHANGE
PROBLEMS
TRAINSPOTTING… SORT OF
THINK Imagination running wild
LISTEN Become a giant question mark.
LOOK FOR GAPSGaps are related to time
useless to one, meaningful to others
THE POWER OF ASSOCIATION
train your association musclecombine the not obvious
FILTER What does this have to do with me, with my expertise? How does this fit into my picture of the universe?
ASK FOR ITWhen you meet someone bright ask them for a thought
Great minds share
ACTION
There will be more confusion in the business world in
the next decade than in any decade in history. And
the current pace of change will only accelerate.
S&P Stability Ratings*
1985 2006
LOW RISK 41% 3%
AVERAGE RISK 24% 14%
HIGH RISK 35% 75%*Likelihood of stable long-term earnings growth
3,000 million people want to have what most
Westerners already have – and they want it NOW!!!
600,000/engineering degrees/2004/China
350,000/engineering degrees/2004/India
70,000/engineering degrees/2004/U.S.A.
CHINA NOW HAS
200 cities with
>1,000,000
population.
Level 5 (top) certification/
Carnegie Mellon Software Engineering Institute:
35 of 70 companies in the world are from India
25% of India’s Population with highest IQ’s...
...is GREATER than the total population of the US.
Top 10 jobs in-demand today...
...did not existed in 2004.
We are currently preparing people...
...for jobs that don’t yet exist...
...for using technologies that haven’t been invented...
...in order to solve problems, we don’t know are even problems yet
One in three jobs will be taken by...
...software or robots by 2025
FACEBOOK now has over 750 000 000 registered users
...if it was a country, it would have been the 3rd largest in
the world.
Number of Google Searches per month
2,7 billion in 2006
36.1 billion in 2009
100.0 billion in 2012
The amount of unique information that will be
generated this year:
4 exabytes (4.0x10^19)
That is more than the previous 5000 years
Brands have run out of juice. They are dead.
Kevin Roberts/Saatchi & Saatchi
ME TOO = ME DEAD
What the next age will be?
Age of Mass Convenience:
Age of Mass Production:
Age of Aesthetics:
Age of Social Media:
“If you can’t win on cost,
then you’re left with cool.” Anon./NZ
“You know a design is good when you want to lick it.”
Steve Jobs
Mall of America in Minneapolis attracts 40 million visitors a year – more people
than Disney World, Disneyland and the Grand Canyon combined!!
Consumers of the world congratulations!!
Shop till you drop!!!
“Forget China, India and the Internet: Economic Growth Is
Driven by Women.
—Headline, Economist, April 15, 2006, Leader, page 14
GIRLS ARE THE NEW BOYS!
!
!
• Only 17% are actively ‘engaged’
• 63% aren’t engaged !
• 20% are actively ‘disengaged’
What workers really think about work?
People don’t quit jobs... they quit bosses.
Ken Blanchard
4 IDEAS on getting it done
get that vision thing
create other leaders, not followers
give your team a damn good listening to
be an enemy of the status quo
When two people in business always agree, one of
them is unnecessary.
William Wrigley jr
If you want to be part of this team - have an opinion.
“You can make more friends in two months by
becoming interested in other people than you can
in two years by trying to get other people interested
in you.”
Dale Carnegie
“90% percent of what we call ‘management’
consists of making it difficult for people to get things
done.”
Peter Drucker
“The first 90% of a project takes 90% of the time. The
last 10% takes the other 90% of the time.”
Richard Templar
Scare yourself, otherwise you’re not doing anything
new.
Mary Murphy Hoye, Head Of R & D, Intel
“We have a ‘strategic plan. It’s called doing things.”
Herb Kelleher – Founder Southwest Airlines
The secret of getting ahead is getting started
Agatha Christi
Nothing is more dangerous in war than theoreticians.
Marshall Petain
Innovation Index: How many of your Top 5 Strategic
Initiatives score 8 [out of 10] or higher on a :
“Weird”
“Profound”
“Wow”
“Game-changer”
The one thing you need to know about individual success:
Discover what you don’t like doing and STOP doing it."
Marcus Buckingham
People can be divided into 3 groups
those who make things happen
those who watch things happen
those who ask ‘what happened’?
Innovate
or
Die!!
Get Better!
Vs
Get Different!
A typical day at the office for me begins by asking
‘What is impossible that I am going to do today?’
!
Daniel Lamarre, president, Cirque du Soleil
“The best swordsman in the world doesn’t need to fear the second best swordsman in the world; !no, the person for him to be afraid of is some ignorant antagonist who has never had a sword in his hand before; he doesn’t do the thing he ought to do, and so the expert isn’t prepared for him; he does the thing he ought not to do and often it catches the expert out and ends him on the spot.”
!
Mark Twain
“How do dominant companies lose their position? !
Two-thirds of the time, they pick the wrong competitor to worry about.”
Don Listwin (commenting on Nokia)
!
“Are there enough weird people in the lab these
days?” !
V. Chmn., pharmaceutical house, to a lab director
“The surplus society has a surplus of SIMILAR companies, employing SIMILAR people, with SIMILAR educational backgrounds, coming up with SIMILAR ideas, producing SIMILAR things, with SIMILAR prices and SIMILAR quality.” !
Kjell Nordstrom and Jonas Ridderstråle, Funky Business
!(1) Because when Anything Interesting happens ... it was a FREAK who did it. (Period.) !(2) FREAKs are fun. (FREAKs are also a pain.) (FREAKs are never boring.) !(3) We need FREAKs. Especially in freaky times. !(4) FREAKs are the only (ONLY) ones who succeed—as in, make it into the history books.
Why Do I love FREAKs?
“ARE YOU BEING REASONABLE? !
Most people are reasonable; that’s why they only do reasonably well.”
Paul Arden
• The Great value innovator Jesus took risks and was crucified. • Alfred Nobel took risks and passed away in solitude. • Van Gogh took risks, was ridiculed and committed suicide. !• For every Bill Gates and Michael Dell, or any other well known, risk-prone, explorer, there are thousands of others who tried and failed. They lost everything! !The innermost mechanism of human progress is called failure. If it were not for all the fools trying to do the impossible – over and over again – we would still be living in caves.
“If people never did silly things, nothing intelligent would ever
happen.” Ludwig Wittgenstein
“You miss 100% of the shots you never
take.” Wayne Gretzky
WHAT DOES IT ALL MEAN?
“A year from now you may wish you had started today.”
Karen Lamb