The Holocaust was a time of horrifying acts. Between the years 1941 and 1945, Nazi Germany and its allies were responsible for the deaths of six million Jews in Europe. It is a time we cannot afford to forget lest we are led into similar situations in the future. The holocaust was also a time of innovations that saved many lives. There was no blueprint for these innovators. They reached into their hearts to make a difference. One such innovator was Sir Nicholas Winton.
“All our dreams can come true, if we have the courage to pursue them.”
“Ideas are no one’s monopoly. Think big, think fast, think ahead.”
Dhirubhai Ambani, Reliance Industries
Have you noticed how people react when you say you are an entrepreneur? They get excited and want to know all about your venture, and how successful you are, monetarily. Entrepreneurs are special a special breed. It takes substantial efforts to overcome numerous hurdles before you can join this elite group. The U.S. Bureau of Labor Statistics says about 20% of U.S. small businesses fail within the first year. Roughly 50% fail by the end of the fifth year and only a third survive after 10 years (I have not been able to find the statistics for India, but it is bound to be similar). When this is the case, why does everyone aspire to be an entrepreneur? The idea that anyone can work on an idea, build a business, and create wealth, is something that appeals to all of us.
I was honored to be featured in this podcast where I talk about my journey in data.
Jason Tan is the founder of Data Driven Analytics, Brisbane, Australia. He interviews business leaders from around the world to learn and share how they run a modern high-performing organisation, enabled by data & analytics. The interview is business-focused but through the lens of data and analytics.
She said that it is important to do good market research to understand the industry trend, consumer needs, and competition. Spending time and resource on this early in the journey will help find the right problem to solve that is at the intersection of a product for which there is a need from a sizeable market that has the ability to pay the price that will make the business viable. She gave techniques on how to do market research through surveys and shared the success story of icliniq.com by CEG alumnus Dhruv Suyamprakasam
She also spoke on the other failure reason – failure to network- and how founders must tap alumni, social media, and other networks.
It was super sweet of her – author of Roots and Wings, an entrepreneur, active member of CEG Alumni Association North America, social media influencer, and deeply involved in the innovation ecosystem in the US – take time from her very busy schedule to encourage and share knowledge with founders. Pandiyen R