Wrong reasons to become an entrepreneur
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The document discusses wrong reasons for becoming an entrepreneur and provides advice on entrepreneurship. It summarizes seven common but misguided reasons for becoming an entrepreneur such as being bored with one's job, wanting to become famous or rich quickly, or following the lead of friends. The document cautions that entrepreneurship requires passion, perseverance, and a willingness to take on many boring tasks and face significant risks of failure and losses.
Wrong reasons to become an entrepreneur
- 1. Wrong Reasons to become an Entrepreneur Top Seven Birla
- 3. Rules Interrupt me I dont have many slides Sleeping is fine, snoring is not I dont know all the answers so I reserve the right to say I dunno. I am available for follow up discussions.
- 4. Who am I? Past IIT Kanpur ( entered and exited with great difficulty ) Worked with Infosys and Amazon CTO at Asklaila Chief Food Officer at Potluck Restaurant Present Co-Founder of ZopNow.com Chief Music Officer at Bhoole Bisre Geet ( bhoolebisregeet.in ) RJ with a radio station ( Radiowalla.in ) Poet at large ( Working on a music album ) A PJ artist The shorts guy
- 5. About my company ZopNow started in Oct, 2011 Online hypermarket We stock over 8000 SKUs Our customers come to us 3-4 times a month 25+ SKUs in every order and Rs 1500 as avg basket size Nandini Goodlife tetra pack milk is the most sold SKU Fastest eCommerce company - We do 3 hr delivery in Bangalore of daily needs
- 6. My boss sucks and I want to be my own boss Those who stay in glass homes should switch off lights before changing clothes If boss was bad, customers/investors/employees can we worse Isnt that the whole idea of being a boss anyways
- 7. I am bored with my job If you are bored doing a role, Imagine how bored you will be doing all the roles This is what defines your character. You will have to do lot of boring jobs to become an entrepreneur.
- 8. All my friends are doing it Get the bloody romance out of this This is a career option, not the only option
- 9. I have nothing to lose Money Spouse/GF/BF Sanity
- 10. I want to make loads of money You have better probability of doing it with a bank dacoity Probability of success is thin Everybody will not become NRN or Bill Gates
- 11. I want to become famous Many a ships sink without a trace
- 12. You just heard inspirational lecture from some entrepreneur Dont blame me
- 13. 7 reasons why you should do it Passion Passion Passion Passion Passion Passion Passion
- 14. I advice for free. You pay only if you take my advice. Sometimes very heavily.
- 15. Thanks