2 entrepreneurship & innovation

This SME webinar will start at
5:00 pm Dubai 4:00 pm Riyadh 3:00 pm Cairo
For tweeting: #ICME2013
Session2: IntelEntrepreneurship & Innovation
Session by Shadi Banna
Guest Speaker:Yazeed Abdul Rahim; Manav Subodh
Hosted by Faher Afra

Intel Entrepreneurship & Innovation
Session Agenda
1. Intel Entrepreneurship & Innovation
2. Entrepreneurship
3. Innovation
4. Polishing your Business Idea
5. Exercise: Social Media
6. Final Thoughts
• Session Agenda

• A key priority for Intel
• The Power of Dreams and Imagination
• People rarely do what they can’t dream of doing
• We need to ignite the imagination and dreams
of potential entrepreneurs

Session Agenda
1. Introduction about the Webinar
2. Intel Entrepreneurship & Innovation
3. Entrepreneurship
4. Innovation
5. Polishing your Business Idea
6. Exercise: Social Media
7. Final Thoughts
• Session Agenda

Shadi Banna,
@shadibanna
Co-founder & Managing Partner,
Potential.com

Mentoring
Focus
2-
Entrepreneurship
& Innovation
3- Business Model
(External)
•Entrepreneurship
•Innovation
•The Opportunity
Development
Streams
How will we execute
5- Starting UP
•Target Segment
•Value Proposition
•Channels & Client
Relationship
•Revenue
•Activities
•The Team & Resources
•Partnerships
•Costs
•Startup Costs
•Your Prototype
•Elevator Pitch
•Sales & Networking
Polishing the new
expansionary
business idea
Identifying
Unique Value
Proposition
Milestone
Attracting sales &
investments
Underlying
Components
Social Network and Learning
Management System to manage
each individual’s development
Blended Learning Programs
using Video Conferencing to
minimize costs
Practical and relevant
experience from regional
experts
Create an ecosystem that links
incubators, universities etc..
6 Web
Sessions
Support to
Participants
Today’s Focus: Entrepreneurship & Innovation
Building the prototype
4- Business Model
(Internal)
1-
Introduction
6- Team
Registration

What can you compare entrepreneurs to?

Entrepreneurs are heroes !

Why are they heroes?

Entrepreneurs are heroes because:
They solve tough problems

They create jobs

They are enduring optimists

They keep on breaking walls

Entrepreneurship is like jumping off a cliff and then trying to
assemble an airplane on the way down Reid Hoffman

Different Types of Entrepreneurs

Is Entrepreneurship easy?

What do these numbers mean?
75?
5?

75%
Of businesses fail in the first
5 years

Entrepreneurs are faced with challenges on a daily basis.
• Financial challenges
• Team challenges
• Market challenges
• Society challenges
Does that stop them?

Will these challenges stop
YOU?

Entrepreneurship
• It’s not magic
• It's not mysterious
• It has nothing to do with genes
• It's a discipline
• And, like any discipline, it can be learned

We will be supporting you to
• Learn the best tips to avoid failure
• Mentor you to focus on most important aspects of your business
idea
• Expose you to investors, partners, mentors
So your changes of success will be higher…

What is Innovation?

Innovation
It’s not an idea
Ideas are worthless

Innovation
It’s not an invention
You can invent a lot of crazy things that no one will want

Innovation
“Invention is the conversion of cash into ideas.
Innovation is the conversion of ideas into cash.”

Innovation
Is coming up with substantial improvements to an existing setup that
people would be willing to pay you for.

Innovation
“Where can you innovate.
Is it only with products?”

Innovation
Innovation can happen with
• Products
• Services
• Business Model
• Go To Market
• Experience
• Pricing Model

The Process of Innovation
Innovation!
User
Needs
Technological
Capabilities
Business Case
Idea

Your Innovation
Which user problem are you solving? ____________
How are you innovating in each of the following aspects?
Type of Innovation Your Innovation
• Product
• Service
• Business Model
• Go to Market
• Client Experience
• Pricing Model

Where do Entrepreneurship and Innovation meet?

Entrepreneurship & Innovation
• An entrepreneur searches for change, responds to it and exploits
opportunities
• Innovation is a specific tool of an entrepreneur
• An effective entrepreneur converts a source into a resource

Maximum Impact
• To ensure that your business has the maximum impact and the
greatest chances of success, make sure that it is in line with key
trends.
• You need to ride the wave. The bigger the wave the higher you go

What are the key trends taking place these days?

Trends
• Technological
• Economic
• Political
• Demographic
• Social

How big is the wave you are riding?
How is your business making the most of the following trends
Trends How is your business aligned?
• Technological
• Economic
• Political
• Demographic
• Social

The bigger the user problem that
you are solving,
and the bigger the wave that you
are riding,
The more impact you will have in
your business model.

Intel Challenge ME Facebook Page
Join and Like us on Facebook: Intel Challenge ME

Intel Challenge ME Twitter
Follow us on Twitter: @ICME2013

Final Thoughts
Opportunity is missed by most people because it is dressed in overalls and looks like
work
Thomas Edison

Sample of video cuts from previous sessions
Go to http://potential.com/resources/training-videos/ to watch video
clips on related sessions

Thank You.

2 entrepreneurship & innovation

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