2. Entrepreneurship is living a few
years like most people won't so
that you can spend the rest of
your life like most can't…
– Anonymous
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3. There are many different types of entrepreneurship
• Small business entrepreneurship
• Scalable startup entrepreneurship
• Social entrepreneurship
• Intrapreneurship
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5. • It has assumed super importance for
accelerating economic growth both in
developed and developing countries
• It promotes capital formation and
creates wealth in a country.
• It is the hope and dream of millions
• It reduces unemployment and poverty
and it is a pathway to prosper.
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6. It’s a major driver of economic
growth in the US and Europe
~600,000
new businesses created in the US last year
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7. It creates jobs
~750,000
people enter the workforce in Egypt each year
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8. It accelerates innovation
13x
more patents per employee are created by small
businesses than large patenting firms
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10. Common misconceptions about entrepreneurship
Entrepreneurs are born, not made
Entrepreneurship is easy, and anyone can do it
Entrepreneurs are risk takers
Entrepreneurs are motivated only by achieving wealth
Funding is the key to success
A detailed business plan is necessary
You make your own hours
You will be an overnight success
Entrepreneurship is limited to Internet companies
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11. Take the plunge
Before you take the plunge,
ask yourself:
Are you…
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27. Our culture is hardwired against entrepreneurship
• The education system taught you
how to be a great employee
• Your family wants you to find a job
• Starting up is tough
• Failure isn’t culturally (or legally)
accepted
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28. 30-40% of startups liquidate
70-80% fail to see the projected ROI
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29. Fail fast, fail often
As an entrepreneur, you will learn that failure is just one step on
the way to success
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30. “Twenty years from now you will be more disappointed by
the things that you didn’t do than by the ones you did do.
So throw off the bowlines. Sail away from the safe harbor.
Catch the trade winds in your sails.
Explore. Dream. Discover.”
– Mark Twain
Thank you
Questions?
ayouti.com
@ayouti
DISCLAIMER: This material is published by, and solely reflects the personal views of, the author in his individual capacity, and it
does not necessarily represent the views, positions, strategies or opinions of his employer. The author will not be held responsible
for any misfacts.
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