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Valuing Excellence
         supreet@oberoi.com
Why are we here?
   An endeavor that creates a series of
    financially profitable transactions

   Anything “else” is just an activity




What is a Business?
This is an Activity
This could be a Business
Creating a Business is easy…
   Gain position of dominance

   Create sizeable profits

 Protect and expand base




… but building a   sustaining   one is tough
Creating   differentiation   is the key
   Do something you know is relevant, but
    others do not know (yet)

   Better yet, do something that will change the
    world!

   Achieve something for which people will fall
    in love with you

   Achieve something that very few can


Q: How can you be different?
A: By gaining   Excellence
   Builds a culture of success
    ◦ Tentative efforts lead to tentative results

   Earns loyalty – customers & employees

   Attracts excellent people

   Protects your business
    ◦ * You get to send thank-you notes to competitors

   Makes you enjoy the journey



What does Excellence get you?
   Brilliance in approach – cunning, bold,
    cowardly, and breathtakingly brilliant

   Hard work & Passion
    ◦ You need to lose sleep over it

   Critical thinking and Adapting
    ◦ Be visionary, but be willing to adapt your vision
    ◦ Challenge authority, but learn from them
    ◦ Keep a smile, but be cynical

   Above all, … Winning!



Defining Excellence
   Do you have a jaw-dropping offering?

   Do people who test your product end up hugging you?

   Does your team argue a lot?

   Can a team 3x your size from Bangalore build the same
    product?

   Do you have a manager (“business person with no   proven
    skills”) in your team?

   Are you driven insanely by a vision?




Does your team have Excellence?
How do I gain Excellence?
   #1 – Join the company of Excellence
    ◦ Be flexible on personal chemistry

   Aim to be the best in what you do
    ◦ That (sometimes) requires being insanely competitive

   Stand out of the line
    ◦ Either you will come out as a fool, or as a genius

   When possible, be the second mouse
    ◦ Learn from the mistakes of the “leaders”

   Think “customer”, not business



(my) Tips for Excellence
Hire the Best… (and make a promise to
never compromise)
Learn from Competition
Have a plan for Profit… (before
you write your first line of code)
   An offering is a manifestation of a
    brilliant team put together, working in
    unison towards a cunning and a well-
    laid plan




Build a world-class Product
   A great student does not make for a great leader

   Beware of the PhD syndrome
    ◦ Remember, you were trained to critique, not to inspire


   Develop a CAN DO attitude
    ◦ Get small victories to develop confidence


   Having a believable, yet a compelling         vision
    becomes the key



Attitude determines Altitude
   Gaining success is like a game of golf

   You have the right ingredients, but:
    ◦ you need to build upon it
    ◦ the world is becoming more competitive
    ◦ doing business in Silicon Valley is demanding

   Setting a culture of excellence in your
    professional life will (seamlessly) bring it
    together

   The results from Excellence will bring innovation,
    profits, and seed funding…


Summary

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Creating excellence public

  • 1. Valuing Excellence supreet@oberoi.com
  • 2. Why are we here?
  • 3. An endeavor that creates a series of financially profitable transactions  Anything “else” is just an activity What is a Business?
  • 4. This is an Activity
  • 5. This could be a Business
  • 6. Creating a Business is easy…
  • 7. Gain position of dominance  Create sizeable profits  Protect and expand base … but building a sustaining one is tough
  • 8. Creating differentiation is the key
  • 9. Do something you know is relevant, but others do not know (yet)  Better yet, do something that will change the world!  Achieve something for which people will fall in love with you  Achieve something that very few can Q: How can you be different?
  • 10. A: By gaining Excellence
  • 11. Builds a culture of success ◦ Tentative efforts lead to tentative results  Earns loyalty – customers & employees  Attracts excellent people  Protects your business ◦ * You get to send thank-you notes to competitors  Makes you enjoy the journey What does Excellence get you?
  • 12. Brilliance in approach – cunning, bold, cowardly, and breathtakingly brilliant  Hard work & Passion ◦ You need to lose sleep over it  Critical thinking and Adapting ◦ Be visionary, but be willing to adapt your vision ◦ Challenge authority, but learn from them ◦ Keep a smile, but be cynical  Above all, … Winning! Defining Excellence
  • 13. Do you have a jaw-dropping offering?  Do people who test your product end up hugging you?  Does your team argue a lot?  Can a team 3x your size from Bangalore build the same product?  Do you have a manager (“business person with no proven skills”) in your team?  Are you driven insanely by a vision? Does your team have Excellence?
  • 14. How do I gain Excellence?
  • 15. #1 – Join the company of Excellence ◦ Be flexible on personal chemistry  Aim to be the best in what you do ◦ That (sometimes) requires being insanely competitive  Stand out of the line ◦ Either you will come out as a fool, or as a genius  When possible, be the second mouse ◦ Learn from the mistakes of the “leaders”  Think “customer”, not business (my) Tips for Excellence
  • 16. Hire the Best… (and make a promise to never compromise)
  • 18. Have a plan for Profit… (before you write your first line of code)
  • 19. An offering is a manifestation of a brilliant team put together, working in unison towards a cunning and a well- laid plan Build a world-class Product
  • 20. A great student does not make for a great leader  Beware of the PhD syndrome ◦ Remember, you were trained to critique, not to inspire  Develop a CAN DO attitude ◦ Get small victories to develop confidence  Having a believable, yet a compelling vision becomes the key Attitude determines Altitude
  • 21. Gaining success is like a game of golf  You have the right ingredients, but: ◦ you need to build upon it ◦ the world is becoming more competitive ◦ doing business in Silicon Valley is demanding  Setting a culture of excellence in your professional life will (seamlessly) bring it together  The results from Excellence will bring innovation, profits, and seed funding… Summary