dennis balajadia markprof presentation

Internalizing theOwner’s Mindset

November 29, 2008

Internalizing theOwner’s Mindset

November 29, 2008

My Adventures in

Business.

3 Lessons

Sex & Cash Theory

Your Map DictatesYour Future

Be MoreAccident-Prone

Warrior Training

Be the SAME

Be Different!

Inventory is EVIL!

Indonesia

Thailand

“I was never, ever interested in becoming a businessman or an

entrepreneur.”

- Richard Branson

“The original Body Shop was a series of brilliant accidents. It had a great smell, it had a funky name. It was positioned between two funeral parlours--that always caused controversy. It was incredibly sensuous... We recycled everything, not because we were environmentally friendly, but because we didnʼt have enough bottles... It wasnʼt a sophisticated plan, it just happened like that.” - Anita Roddick

What are you so scared of?

Lesson # 1

Business is NotLinear

Company 2007 RevenuesPopulation of

Country (est. 07)

NESTLE(Switzerland)

$121B 8M

NOKIA(Finland)

$66 B 5M

VOLVO(Sweden)

$36 B 9M

JOLLIBEE(Philippines)

$1 B 88M

How do you beat the giant?

Fortune Global 500

0

100

200

300

400

Wal*Mart Nokia Volvo Asustek San Miguel

2007 Sales in US$ Billions

0

100

200

300

400

Wal*Mart Philippines

2007 data from IMF / Fortune (in Billions US$)

Sales

Your Map Dictatesyour future

Sex & Cash Theory

Where do you see yourself 10 years from now?

I GET

WORRIED!

“I have not failed. I've just found 10,000 ways that won't work. “

- Thomas Edison

5,127 Prototypes 2 Years of Peddling 12 Years before Mass

Production

Warren Buffet

• Worth US$62B• Gave $30.7B in 2006• Bought first stocks at age 11• Paid first income tax at age 13

November 9, 2001

InsanityTenac

Lesson # 2

You willmake mistakes

Two SchoolsFormal

No Cheating

Aim for 10/10

Follow the Rules

Street

Don’t just Copy, STEAL!

SouthWest Airlines 1971

“Good artists copy, Great artists steal.” - Pablo Picasso

Two SchoolsFormal

No Cheating

Aim for 10/10

Follow the Rules

Street

Don’t just Copy, STEAL!

Learn NOT to be careful!

“Do one thing every day that scares you.”

- Eleanor Roosevelt

Aim for 5/10!?!?

Two SchoolsFormal

No Cheating

Aim for 10/10

Follow the Rules

Street

Don’t just Copy, STEAL!

Learn NOT to be careful!

Make the Rules!

My Own Rules forInternational

Expansion

I want to believe you...

Naturale Labs Thailand

Naturale Labs Indonesia

Naturale Labs Malaysia

UNPRECEDENTEDRate of Change

I Love You Virus

• 10% of all connected computers worldwide

• $5.5 Billion in Damage

• Pentagon, CIA, British Parliament shut down

Lesson # 3

Small is thenew big

Warrior Training

“All human beings are entrepreneurs. When we were in the caves we were all self-employed . . . finding our food, feeding ourselves. That’s where human history began . . . As civilization came we suppressed it. We became labor because they stamped us, ‘You are labor.’ We forgot that we are entrepreneurs.”

Dragon Edge Group

http://bizispersonal.blogspot.com