Why are we here?
What is a Business?
An endeavor that creates a series of financially profitable transactions
Anything else is just an activity
This is an Activity
This could be a Business
Creating a Business is easy
but building a sustaining one is tough
Gain position of dominance
Create sizeable profits
Protect and expand base
Creating differentiation is the key
Q: How can you be different?
Do something you know is relevant, but others do not know (yet)
Better yet, do something that will change the world!
Achieve something for which people will fall in love with you
Achieve something that very few can
A: By gaining Excellence
What does Excellence get you?
Builds a culture of success Tentative efforts lead to tentative results
Earns loyalty customers & employees
Attracts excellent people
Protects your business * You get to send thank-you notes to competitors
Makes you enjoy the journey
Brilliance in approach cunning, bold, cowardly, and breathtakingly brilliant
Hard work & Passion You need to lose sleep over it
Critical thinking and Adapting Be visionary, but be willing to adapt your vision Challenge authority, but learn from them Keep a smile, but be cynical
Above all, Winning!
Does your team have Excellence?
Do you have a jaw-dropping offering?
Do people who test your product end up hugging you?
Does your team argue a lot?
Can a team 3x your size from Bangalore build the same product?
Do you have a manager (business person with no provenskills) in your team?
Are you driven insanely by a vision?
How do I gain Excellence?
(my) Tips for Excellence
#1 Join the company of Excellence Be flexible on personal chemistry
Aim to be the best in what you do That (sometimes) requires being insanely competitive
Stand out of the line Either you will come out as a fool, or as a genius
When possible, be the second mouse Learn from the mistakes of the leaders
Think customer, not business
Hire the Best (and make a promise to never compromise)
Learn from Competition
Have a plan for Profit (before you write your first line of code)
Build a world-class Product
An offering is a manifestation of a brilliant team put together, working in unison towards a cunning and a well-laid plan
Attitude determines Altitude
A great student does not make for a great leader
Beware of the PhD syndrome Remember, you were trained to critique, not to inspire
Develop a CAN DO attitude Get small victories to develop confidence
Having a believable, yet a compelling visionbecomes the key
Gaining success is like a game of golf
You have the right ingredients, but: you need to build upon it the world is becoming more competitive doing business in Silicon Valley is demanding
Setting a culture of excellence in your professional life will (seamlessly) bring it together
The results from Excellence will bring innovation, profits, and seed funding
Valuing ExcellenceWhy are we here?What is a Business?This is an ActivityThis could be a BusinessCreating a Business is easy but building a sustaining one is toughCreating differentiation is the keyQ: How can you be different?A: By gaining ExcellenceWhat does Excellence get you?Defining ExcellenceDoes your team have Excellence?How do I gain Excellence?(my) Tips for ExcellenceHire the Best (and make a promise to never compromise)Learn from CompetitionHave a plan for Profit (before you write your first line of code)Build a world-class ProductAttitude determines AltitudeSummary