JoomGeek Lecture - How to overcome Entrepreneur Failure

Post on 14-Dec-2014

152 views 1 download

description

How to overcome entrepreneur failures ? In 08.14 we got the chance to speak in front of a dozen of young UAE entrepreneurs. Invited by themoment.ae we got a chance to present our vision of the entrepreneurs' failures and more important how to overcome it. Find out our presentation and more details into our website: http://www.joomgeek.com/blog/dubai-lecture-how-to-overcome-entrepreneurships-failures.html

transcript

Entrepreneur FailuresFrom failure to success

How to overcome entrepreneur failures ?

I know, I improve, I make better

Florian UGHETTO

● 28 year-old● Creation of 2 companies● Creation of 1 foundation● International Experience● Business Developper ● Over 5 years in Digital

Marketing

JoomGeek

● Digital Marketing Agency● Dozens of clients● Inbound marketing specialists● Adwords certified● In house applications

1- Understand your failuresDiscover and analyse them

How you know it’s wrong ?

Keep questioning yourself

Don’t just rely on others, ask yourself what’s wrong

How you know it’s wrong ?

Ask them

They know you more than you can imagine

How you know it’s wrong ?

Look around

You’re not so unique !

What failures you’ll face ?

You.

1. Skills2. Behaviours3. Personality

What failures you’ll face ?

Business / Market

1. Idea not yet bankable2. Market not ready3. Not the right moment

What failures you’ll face ?

Team

1. No cohesion2. No complementary skills3. No management

1- Understand your failuresYourself, Friends, Partners, Entrepreneurs have to tell you

what’s wrong in your team, the market and yourself.

2 - From negative to positiveGet the most of out it

?

Know your weakness

List them

1. List2. Categorize3. Double check

Know your weakness

Learn

1. How you recognize them2. What does it affect3. Who told you

Know your weakness

Look around

1. What other people do2. How do they do3. How do they improve

Improve

Do it

1. Harder2. Stronger3. Smarter

Improve

Test

1. Try2. Try3. And try again

Improve

Analyse

1. Keep what’s work2. Remove the rest3. And try again

2 - From negative to positiveKnow what’s wrong and make it works

3 - One path among othersFind yours, this is mine

Brief Summary

2008 2009 2010 2011 2012 2013 2014

First Idea ->

Thesis ->

Frist Release->

1- Company creation->

Foundation ->

Give up ->

Indian Adventures ->

Dubai Adventures ->

Idea come back ->

2- Company creation->

My mistakes

BAD

1. Experience2. Business Skills3. Team management4. Time management5. Business Model

GOOD

1. Motivation

Consequences

Mistakes

1. Experience2. Business Skills3. Team management4. Time management5. Business Model

Project Impact

1. Daily mistakes2. No income3. Lose teams4. Waste my time5. Idea > Business

Solutions

Issues

1. Experience2. Business Skills3. Team management4. Time management5. Business Model

Improvements

1. Got new jobs2. Sales3. Project Manager4. Study5. Business plan

3- One path among other

Don’t give up, don’t give up, don’t give up, don’t give up, don’t give up, don’t give up

because ..

Keep in touch

● florian@joomgeek.com● @JoomGeek● http://www.joomgeek.com

Questions ?