10 Lessons from 100 Entrepreneurs

This is a talk I gave to students taking part in Salesforce's BizAcademy program organized by Halogen Singapore. http://www.halogen.sg/home/what-we-do/projects/salesforce-bizacademy/

Transcript

1. 10 Lessons from 100 Entrepreneurs Sharing with BizAcademy
2. Hello! My name is Joyce & I build communities
3. Singapore Geek Girls
4. Microsoft BizSpark
5. SGEntrepreneurs.com (Now techinasia.com)
6. HEY JOYCE, WANNA MEET YOUNG, ASPIRING ENTREPRENEURS WHO WANT TO MAKE THE WORLD A BETTER PLACE TO LIVE IN? YEAH, OF COURSE! But um…. #shufflesfeet #whatcanitellthem
7. What have I learnt in the last 3 years meeting 100 entrepreneurs.
8. 1. They know “WHY?”
9. 2. They learn from each failure
10. “For most people, it's easy to be passionate about things that are working out, and that distorts our impression of the importance of passion. I've been involved in several dozen business ventures over the course of my life, and each one made me excited at the start. You might even call it passion. The ones that didn't work out—and that would be most of them—slowly drained my passion as they failed. The few that worked became more exciting as they succeeded. ” Scott Adams, Author of Dilbert 3. Systems > Passion
11. 4. Get mentors
12. 5. The true meaning of CEO Fund Raising Marketing Product Management HR & Recruitment Admin Sales & Biz Dev Tech CHIEF EVERYTHING OFFICER http://www.bothsidesofthetable.com/2012/11/18/entreprene urshit-the-blog-post-on-what-its-really-like/
13. 1 + 1 > 2 6. Find partners you can trust
14. 7. Balance priorities “I always find that as an entrepreneur you have to hold contradictory values together. For example, you have to have a big picture and be a visionary and yet concentrate on the short term goals of the start-up. - Tan Siok Siok Director of Twittamentary & Co-founder of KineticOne
15. 8. Stay on the bus http://www.theguardian.com/lifeandstyle/2013/feb/23/change -life-helsinki-bus-station-theory#_
16. 9. It’s ok to make money "Made for love and not for profit“ "Do we want to make millions and sell to Facebook or do we want to make something that’s genuinely good and serves its users and not its investors and shareholders?“ They’re not-for-profit which “affects their motivation” Profit is an enabler
17. “In terms of power & influence you can forget about the church, forget politics. There is no more powerful institution in society than business.. The business of business should not be about money. It is about responsibility. It should be about public good, not private greed.” - Anita Roddick, Business as Unusual 10. Build something valuable for the world and give it back to the community
18. 10. Build something valuable for the world and give it back to the community
19. Thank you!  @joycehliting Any questions?