DATE &TIME
05TH December, 2017, 06:30 to 07:30 PM Nairobi local time
VENUE
Nairobi Garage Westlands; M2, Mirage Towers, Westlands Chiromo Road.
“Be the change you want to see in the world” Mahatma Gandhi.
If you truly believe in an idea, you must be prepared to execute it and you will need people to partner with you.
There is no limit to what you can do, think differently and have the courage to pursue your idea.
Entrepreneurship= Venture + Adventure.
You become an entrepreneur through practice not reading.
The challenge is in your mind and not external.
What you need:
- Believe.
- Courage.
- Competition.
Soft skills are key in solving big and complex problems.
To make it happen execution is key.
Disruptive innovation-Is about the market place; if you want to service a new market that no else has discovered.
You have to get into the mindsets of the consumer and anticipate their needs and wants.
You have to innovate in the way you market your products; be unique, dwell on improving the experience your customers get when buying and using your product. For example, the Apple Company focuses on the experience/emotions. Apple invests in luxurious stores/expensive stores so as to enhance the customer experience.
The key to disruptive innovation: Competing against the non-consumer” –Clayton Christensen.
What is needed for a disruptive innovation?
- Skills.
- Attitudes.
- Ecosystem.
You must validate your customers. Being different from the crowd is never easy.
Disruptive technologies do not always need technologies.
Soft skills are key. Get out of your comfort zone and embrace Kaizen: ZARA uses Kaizen.
Continuous improvement.
Put ideas and values into action.
Maslow Hierarchy of needs- “Internal motivation is more powerful than external”
At the highest level of the hierarchy, people want to do things that spur their creativity and experience: work on this: look for this market.
Test market+SHA+Get a CFO!
SHA-Share holder agreement. You must do it with people who are good at what they do. Do not just look for personal friends to be your partner. Get a chief financial officer!
You learn by doing, by failing forward, by persevering. Have a growth mindset.
Creating value is the stuff that makes great entrepreneurs.
“The best way to predict the future is to create it.” ~Abraham Lincoln.
“Yesterday I was clever so I wanted to change the world, today I a wise so I want to change myself.”~Jalaluddin Mevlana Rumi
