Tag Archives: Entrepreneur

What does it mean to have your own box… I mean business.

Two weeks ago, I was at the Young Entrepreneurs Unconvention, hosted by The Entourage, a community for Australia’s… young entrepreneurs of course. And Yes, you did read the name correctly, the event was clearly unconventional. Even if my main goal was to get some contacts for my thesis, my hidden aspiration was to find some inspiration and drive. And, oh boy, I did. This day was packed: amazing speakers, networking sessions, pitching competition…
But clearly I don’t want to rant about how great the event was because you wouldn’t care.
There is only one thing that came in contradiction with what my personal view of being an entrepreneur was, and it was actually what two of the speakers were all about. Jack Delosa, who heads up the Entourage, is one of Australia’s top entrepreneurs (he’s younger than me!) and is mentored by Domenic Carosa who was Australia’s youngest publicly listed CEO at 25 and is now running an investment fund focused on high growth internet companies.
Basically, their credo was: you have to start with the end in mind. In other words, entrepreneurs make the most money out of exiting a business. Most of your work should revolve around making your company scaleable and saleable. In any way, you usually end up outgrowing the business or getting outgrown.
You do have to agree that it is somewhat hard to accept when you want to start your business… Your great idea… Your passion… Your little baby, for which you have been spending so much time and money. You are bound to get quite emotional right?
Maybe it’s ego (you have to have some to go through all the hardships), maybe it’s just being an idealist. It’s just actually a problem that a lot of entrepreneurs face. It even arises as early as the point where you have to start delegating. Even if you know you have to get rid of everything that doesn’t generate income and is wasting your precious time. And even if selling doesn’t necessarily mean you’re not in charge anymore, it is still hard to know when you have reached that selling point.
In the end, maybe all you are left with, as Siimon Reynolds (who is as much a respected marketing expert as a fantastic speaker) says, is the fact that you are making the future of the world and having bigger balls than everyone else.
What do you think?

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Putting yourself inside the box to create things that are outside the box

So my days are from now on going to be pretty much impacted by my master thesis. Let’s not let it spoil my Australian experience. Let’s make it fun and useful. Because it is!
This blog is going to be at some point a log of my “entrepreneurial” journey, which starting point is, funnily enough, my thesis. Probably a PRINCE2 type daily online log (oooh knowledge show off… Google that if you want to know more). We shall see about that.
Linking project management and entrepreneurship is sadly something that has seldom been done. Honestly, I do not know when I will jump into the piranhas lake, but I believe it will not be in the near future. However, entrepreneurs have always fascinated me, especially the innovative ones. Yes, the darers, the brave, the new modern adventurers. I just want to write about them. And maybe try to see how my newly acquired knowledge can benefit the future me (come on, it HAS to be useful in SOME WAY).
Ok, let’s not be too boring. Using methodologies seems counter-intuitive when you want to create/sell new things, or just want to do things differently. When you want to “change the world”, you probably do not feel like being like everyone else. You want to take a different path. Structures, cages, boxes are in opposition with your view of things.
But thinking about it (yes hard enough), putting yourself in a box can be somehow more productive and reassuring for you, AND the people you want to involve.
A project management method builds on experience, and everyone knows what to expect. It is proactive and not reactive (even though you are also prepared to react to unforeseen events).
You could even avoid this kind of situation… 😉

By the way, be sure to visit theoatmeal.com.
It is just knee slapplingly hilarious.

Anyway cupcakes, I will keep you updated on what goes on. The people I meet, the amazing discoveries I make. And of course, I will gradually unveil my projects… Exciting isn’t it?