wrong reasons to become an entrepreneur

Wrong Reasons to become an EntrepreneurTop Seven

Birla

Rules

• Interrupt me I don’t have many slides• Sleeping is fine, snoring is not• I don’t know all the answers so I reserve the

right to say I dunno.• I am available for follow up discussions.

Who am I?

• Past– IIT Kanpur ( entered and exited with great difficulty )– Worked with Infosys and Amazon– CTO at Asklaila– Chief Food Officer at Potluck Restaurant

• Present– Co-Founder of ZopNow.com– Chief Music Officer at Bhoole Bisre Geet ( bhoolebisregeet.in )– RJ with a radio station ( Radiowalla.in )– Poet at large ( Working on a music album )– A PJ artist– The shorts guy

About my company

• ZopNow started in Oct, 2011• Online hypermarket• We stock over 8000 SKUs• Our customers come to us 3-4 times a month• 25+ SKUs in every order and Rs 1500 as avg basket

size• Nandini Goodlife tetra pack milk is the most sold SKU• Fastest eCommerce company - We do 3 hr delivery in

Bangalore of daily needs

My boss sucks and I want to be my own boss

• Those who stay in glass homes should switch off lights before changing clothes

• If boss was bad, customers/investors/employees can we worse

• Isn’t that the whole idea of being a boss anyways

I am bored with my job

• If you are bored doing a role, Imagine how bored you will be doing all the roles

• This is what defines your character. • You will have to do lot of boring jobs to

become an entrepreneur.

All my friends are doing it

• Get the bloody romance out of this• This is a career option, not the only option

I have nothing to lose

• Money• Spouse/GF/BF• Sanity

I want to make loads of money

• You have better probability of doing it with a bank dacoity

• Probability of success is thin• Everybody will not become NRN or Bill Gates

I want to become famous

• Many a ships sink without a trace

You just heard inspirational lecture from some entrepreneur

• Don’t blame me

7 reasons why you should do it

• Passion• Passion• Passion• Passion• Passion• Passion• Passion

I advice for free. You pay only if you take my advice.

Sometimes very heavily.

Thanks