the best time to be an entrepreneur

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The best time to be an entrepreneur - Sudhanshu Ahuja, CEO, Ideatory Presentation to students of Entrepreneurship – 30 Sep 2014, HSS, NTU, Singapore

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6 reasons to work for someone else for at least a few years before starting-up.

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Page 1: The Best time to be an Entrepreneur

The best time to be an

entrepreneur

- Sudhanshu Ahuja, CEO, IdeatoryPresentation to students of Entrepreneurship – 30 Sep 2014, HSS, NTU, Singapore

Page 2: The Best time to be an Entrepreneur

Never!Let’s look at 6 reasons.

Page 3: The Best time to be an Entrepreneur

You have a lot to lose

Starting a business is super risky. Most jobs you will apply for are all lucrative after 5 years.

If this doesn’t convince you, make sure you don’t start too late.

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Page 4: The Best time to be an Entrepreneur

You will completely exhaust savings

You will need savings to last you for at least 6 months to a year. You will end up spending up to the last cent.

You will go in to debt.

If this doesn’t convince you,save some before you start.

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Page 5: The Best time to be an Entrepreneur

You will never know what to do

You will struggle to define what is right and wrong and what to execute.

If this doesn’t convince you,at least spend some years on a job to learn to be professional.

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Page 6: The Best time to be an Entrepreneur

A job is probably right for you

Jobs are great. Many of them make you happy and fulfilled. Entrepreneurship is probably not for you.

If this doesn’t convince you,give at least one job a fair chance.

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Page 7: The Best time to be an Entrepreneur

You are constantly mortified

You never have money. You are always splitting the dinner bill with your date. People think you probably didn’t get a job.

If this doesn’t convince you,at least get a respectable employer on your CV first.

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Page 8: The Best time to be an Entrepreneur

You will probably need to go back to school

It’s hard to make your start-up work. Most of them don’t work out. Finding a job after a failed start-up is difficult.

If this doesn’t convince you, start early enough so you can go back to schoolwithout being too old.

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Page 9: The Best time to be an Entrepreneur

If ALL OF THAT didn’t convince you to NOT be an entrepreneur, get ready for fame and fortune!

Elon Musk

Page 10: The Best time to be an Entrepreneur

Best time to be an entrepreneur is after 2 – 3 years of working.

• You have less to lose – low salary• You have some savings• You become more

professional and efficient• You will know for sure whether a job is

the right thing for you

• You are respected more

• If you need to go back to school, you won’t get left too far behind in your career

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Page 11: The Best time to be an Entrepreneur

Be successful, be remarkable, be

happy!

Page 12: The Best time to be an Entrepreneur

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