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11 lessons from my life

Ima Hassen
October 22, 2011

11 lessons from my life

A few points from my experiences of success, failure and mostly lessons learnt while being an Entrepreneur. How I saw things then, and how I see things now.

Ima Hassen

October 22, 2011
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Transcript

  1. I was an Entrepreneur (of sorts). For about 14 years,

    I built a cluster of businesses specialising in technology and communication. In January 2010, our businesses retired. I lost everything I had made. Except a few lessons. 10 lessons from my life
  2. I was passionate about computers since I rst saw one

    in 1989. In 1994, I got my rst computer. A 386SX with 640kb RAM. Windows 95 had just shipped. I was very inspired by the OS revolution at the time.
  3. In 1996, together with 2 other friends, I worked on

    a DOS clone. It was called iDOS. It started up. Then crashed.
  4. We still wanted to work on great ideas. So, we

    founded a start-up named ‘Ciliconsoft’. Dulwich High School of Visual Arts, Dulwich Hill, NSW Australia
  5. But I was determined to build a tech company that

    did ‘groundbreaking’ things.
  6. As the business grew, we saw that our biggest motivator

    was the passion to kick ass with great work. We were a bunch of guys, who loved to deliver. And, we rarely fell asleep.
  7. direct our energies towards perfection in all our e orts

    whilst always raising the bar of our expectations, and embedding the values of honesty in our endeavours MISSION
  8. I am the master of my fate. I am the

    captain of my soul. ‘Invictus’ by William Ernest Henley
  9. I am the master of my fate. I am the

    captain of my soul. The belief in myself to do anything I chose to. ‘Invictus’ by William Ernest Henley
  10. I am the master of my fate. I am the

    captain of my soul. The belief in myself to do anything I chose to. Belief in steering a business that o ered great products and services, while being a great place to work. ‘Invictus’ by William Ernest Henley
  11. In 2006, Apple announced it’s shift to Intel processors. These

    products were moving beyond their traditional markets: “creative professionals”
  12. In 2006, Apple announced it’s shift to Intel processors. These

    products were moving beyond their traditional markets: “creative professionals” We wanted ‘everyone else’ to hear about them!
  13. Within 2 years of it’s existence, Ontwo became the fastest

    growing reseller for Apple in Sri Lanka.
  14. Why? When you are too small, mistakes cost a lot.

    Usually in reputation points. I didn’t want to simply believe anyone else’ excuse on how and why things worked, or did not work. To steer a business through it’s course, you must have complete awareness. How could we truly innovate without accurate knowledge of what goes on?
  15. Lesson Calculate your strengths. Factor in the obstacles you’re likely

    to face. Accept them. Work around them. See the positive in every negative. You’ll see opportunity.
  16. At 19, I was still a kid* And, I knew

    it. * to a lot of ‘traditional’ business people, and to competitors who just couldn’t stand me.
  17. Dare I say it, I was not overstating myself either.

    Chief Visionary O cer Speitra Worldwide
  18. Chief Visionary O cer Speitra Worldwide Guy with Ideas Ontwo

    This wasn’t just about titles or positions either.
  19. Chief Visionary O cer Speitra Worldwide Guy with Ideas Ontwo

    This wasn’t just about titles or positions either. It truly de ned the way I engaged with our businesses.
  20. Apple opened it’s rst retail store in 2001. It was

    an industry- rst for a tech company to go retail.
  21. Today, it’s sales churn has set repeat records. Not just

    for tech, but for retail in any industry.
  22. With the announcement of the iPhone in 2007, Apple changed

    it’s name from ‘Apple Computer Inc’ to ‘Apple Inc’. It has continually moved away from the mainstream.
  23. Lesson If you are serious about what you do, don’t

    be afraid to step out of the mainstream. Eventually, the mainstream will follow you.
  24. If you have something great to o er, the world

    will listen to you. But you must tell them how super cool and renowned you really are.
  25. We o ered value, before they made a purchase. It

    made Ontwo the best place for switchers to buy Macs from.
  26. We o ered value, before they made a purchase. It

    made Ontwo the best place for switchers to buy Macs from. Customers were con dent when they spoke to us. We were renowned.
  27. He taught me to establish con dence in customers. Customers

    then bought, instead of being sold to.
  28. Lesson Understand how your customers perceive you. Show them that

    you are an authority in your trade. Keep marching forward.
  29. We informed every customer about our decision to retire. Gave

    them peace of mind by supporting their transition.
  30. We informed every customer about our decision to retire. Gave

    them peace of mind by supporting their transition. Despite our closure, we honoured every contract.
  31. Handing over the keys to our o ce space, was

    probably one of the most di cult emotions I have ever experienced.
  32. “You can’t control the cards you’re dealt, just how you

    play the hand.” Professor Randy Pausche
  33. I was rejected, but I still loved what I did.

    Ironically, Steve Jobs used the same words.
  34. Despite many brand extensions under Virgin which failed, Richard Branson’s

    perseverance continues to drive con dence in the brand.
  35. Virgin Galactic is the world's rst ‘spaceline’. It o ers

    to take you to space. How much more do you want?
  36. Lesson When failure strikes, the rst value to get hit

    is your con dence ~ belief. Restore your con dence. Others will follow. Continue the march forward.
  37. Do not entrust your vision in the hands of those

    who don’t truly share your values.
  38. Lesson Understand what you truly seek in your partners. Listen

    to your gut. Do you trust him/her/them to fully drive your vision? Hire only A-players. Don’t hire bozos.
  39. Today, I believe that I was one of the biggest

    contributors to the fate of our businesses.
  40. But if I had the slightest inclination to accept them

    sooner, the damage caused would have been far less than what they ended up being.
  41. Most of it, is about how a bunch of businesses

    rose to their prime, yet, collapsed due to many oversights.
  42. “Experience is what you get, when you don’t get what

    you wanted” Professor Randy Pausche
  43. They remind me that I am still alive. I am

    not invincible and mistakes can hurt. Be truthful towards everything I do, and do so with respect and honesty. Most importantly: The belief that “I can do this again.” Why these 10 lessons?