hello

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hello
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Welcome to Megabucks
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shashank dixit
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I
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am the reason why youre here
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Co-FoundedMegabucks Once
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During my days in IIT Kanpur
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I
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(No Transcript)
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But this is not
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about me
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Its about you guys
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AboutEntrepreneurship
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(hard to spell)
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(harder to do)
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Were here because of you
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This whole program
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is about you
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Why
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are
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you
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guys
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important ?
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Whats Megabucks
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and what can you learn
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from us
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Entrepreneursbuild countries
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India of tomorrow
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Will be built by you
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Not Politicians
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Not Social Workers
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Not the IAS officers
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But you guys
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The Entrepreneurs
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You guys
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Create Jobs
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Create Opportunities
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Build something out of nothing
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Entrepreneurs are todays
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Gold Mines
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Entrepreneurs create Value
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Value from scratch
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Infosys
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May peace be upon NRN
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Infosys creates jobs for 100k people
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Direct Jobs
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High Paying Jobs
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100k Refrigrators
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and Televisions
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And Shoes
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And Clothing
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And Cars
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One Lakh Tax Payers
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They Fuel the economy
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Directly affecting a million people
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Indirectly - ten times as much
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Infosys affects
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1
of India
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7
Entrepreneurs
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How did they do it ?
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because
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they
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dared to try
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1st Lesson
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10 Lessons
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I wish to share
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today
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do
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take the plunge
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cut the
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get on your feet
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No theory
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No Degree
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No MBA
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can teach you
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unless you try.
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ideas
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the best ideas are the simplest
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execution matters.
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(No Transcript)
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So what does Google do ?
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Keep your eyes open
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Look for opportunities
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do a lot of things.
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unrelated things.
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Dive deep into data, then trust your gut
Andy Grove
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Be a doer
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not just a dreamer
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see. learn. do.
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for things you cant do
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get others to do it
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together with you
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not for you
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team
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friends. business partners.
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team wins.
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make a team.
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with your friends.
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work with friends.
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make sure
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friends gt money
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greed team fails.
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Ive known my co-founders
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since
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class I.
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3 of us are together since childhood.
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great team trap
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Smart people are the dumbest
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avoid
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great-team trap
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avoid
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too smart people.
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dont try to
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assemble the best.
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you got to be a little
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dumb
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to not quit
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work together
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if you know each other
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not because the other person
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is smart. or cool.
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or because you
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want
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to make truckloads
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of money.
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work with friends
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not all friends are smart
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but theyll stand by you
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when you will need them
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the most.
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value loyalty and honesty
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over smartness
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its good to be smartas long as you know there
are smarter people out there
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risk
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risk your own
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Never expect someone else to risk
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on you
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unless you risk it all
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and prove yourself
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when it comes to risk
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lead from front
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ltinsert obvious beaten-to-death reference to
risk vs rewardsgt
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investment
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your first investor
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should be your customer
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7
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the power of prayer
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nah, just kiddin
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it is optimism
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whos the poorest of all?
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a person who loses all hope
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Develop Positive Stamina
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there will be bad times
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horrible times
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ltinsert personal horrible tale here ) gt
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(No Transcript)
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develop natural endurance towards
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pessimism
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never quit
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Many of life's failures are people who did not
realize
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how close they were to success when they gave up.
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(No Transcript)
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network, networth
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you are the average of the sum total of all the
people you know
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meet a lot of people
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meet a lot of smart people
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listen.
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learn from them
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learn from history
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learn about your industry
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never trust the media to tell the truth
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reading about richard branson doesnt equate to
knowing him
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Infact, DO NOT read hagiographies at all
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thinking big
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scaling up
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trust people
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to not deliver
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when it comes to thinking big
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you got to
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think big. execute. rinse. repeat.
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push yourself
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and lastly
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the nevers
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never burn your bridges
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never take yourself too seriously
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never give up
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never let other people pull you down
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never believe the good stuff either
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never leave the details
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the devil lies therein
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never complain.
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Alright, thats it.
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Questions ?
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(No Transcript)
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