dennis balajadia markprof presentation
TRANSCRIPT
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