I remember iwan, my nus friend, used to take entrepreneurship courses at nus.
we worked on some business plan and we almost worked on a startup company together with darvin.
one of the most important things in the business plan, as most entrepreneurship courses would tell you, was: the exit strategy.
the aim was to get investors to invest in our startup, make the company big in the shortest time possible, and then exit by selling it off at good price, or if you hit jackpot, you go public- the home run dream of many startups.
another concept that was mentioned in the book. again.. nothing wrong with that plan. everyone wants to be rich.
but to make the exit strategy our goal, is to say that we are not really passionate about the business plan. we are only passionate about the money it will bring.
the point here is not to forbid anyone from making the get rich business plan.
the point is that.. there is other option.
"if you could instead work on a business plan,
doing stuff that reflects who you are,
what you want to be,
and how you want to impact this world,
and be rewarded in the process-
would you rather do that?"
but 'reward' in itself.. is worth its own topic altogether.
we worked on some business plan and we almost worked on a startup company together with darvin.
one of the most important things in the business plan, as most entrepreneurship courses would tell you, was: the exit strategy.
the aim was to get investors to invest in our startup, make the company big in the shortest time possible, and then exit by selling it off at good price, or if you hit jackpot, you go public- the home run dream of many startups.
another concept that was mentioned in the book. again.. nothing wrong with that plan. everyone wants to be rich.
but to make the exit strategy our goal, is to say that we are not really passionate about the business plan. we are only passionate about the money it will bring.
the point here is not to forbid anyone from making the get rich business plan.
the point is that.. there is other option.
"if you could instead work on a business plan,
doing stuff that reflects who you are,
what you want to be,
and how you want to impact this world,
and be rewarded in the process-
would you rather do that?"
but 'reward' in itself.. is worth its own topic altogether.
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