my talk at IBA-CED where i spoke on four points 'why young entrepreneurs fail'

1. Shiraz Ahmed
Entrepreneurial Leadership
Why Entrepreneurs Fail
IBA – CED | Karachi | 03 April 2016
with

2.  First name with strength.
 E.g. Smart-Shahid; Shy-Shiraz
 What business you plan to start / doing?
 Why do you want to do business?
Introductions

3.  Trained and Taught 40,000+ professionals
and students in last 10 years
 Faculty, facilitator, Public speaker and
coach
 Futurist, foodie and failed entrepreneur !
Who’s Shiraz?

4. Shiraz’s viral video on fb
 1.5 million+ views
 Guess for likes and
shares

5. Shiraz on Sildeshare
 Slide share sent me this
certificate
 Future Careers and Jobs

6. Leadership Research : Interview Top CEOs

7.  How can we make this session remarkable?
Norms

8.  Take away at least one practical tip which
you can implement at work from today!
 How you can become and remembered as
a leading entrepreneur, in Pakistan?
My aim!

9.  Today’s and Future world
 Why young entrepreneurs fail? story
 Action plan – 2 steps from today!
Simple Message!

10.  Wait! That was 18 years ago
 Google is disrupting World!
1. Today’s and Future World

11. Khan Academy: Teacher-less class

12. Degrees are getting out!
 You don’t need
degrees!
 No more college
brand!

13. Hire by auditions!
 Seeing is believing!
 Skills matter

14. This talk scraps MBA one-fourth curriculum!

15.  Jan Koum – founder
 $19 billion
An app can make you Billionaire / Millionaire

16.  D’Aloisio, only 17!
Sold Summly to
Yahoo in $30million
An app can make you Billionaire / Millionaire

17.  Sumail Syed 16 only! (pakistani-american)
 Guinness World Records as
youngest eSports millionaire
 Champion of Dota 2 TI 5 ($18.4
Million tournament)
World’s youngest millionaire, A Pakistani!

18. Future World - Lets predict!
a. Samsung clip
b. Future school clip
c. Microsoft 2020 clip

19.  My Personal story – Why i fail!
2. Why young entrepreneurs fail?

20.  Greediness
 Direction
 Intentions
2.1 Wrong Purpose

21.  Coach
 No alternate to
Experience!
 Feedback
2.2 Absence of Mentor

22. 2.3 Absence of Business Model

23. 2.3 Absence of Business Model

24. 2.3 Absence of Business Model

25.  Unable to build and
lead Team!
 Core Team
- Ideator
- Financial
- Promoter
video: 7. build tower-build
team
2.4 Team

26.  Lets watch some videos
5. Why start-up succeed
6. Why companies fail
Other factors of failure

27. It is determination, courage, and
the ability to get results, while
building relationships!
What is Leadership?

28.  Establish directions
 Align people, motivate & inspire
 Get results!
What is Leadership?

29.  Tum chalo
 Kid help
 Nayak
 Change Pakistan
Leadership clips

30. Leader Managers
• Purpose oriented
• Asks – Why and What
• Inspire
• Pulls
• Giver
• Profit oriented
• Asks – How and when
• Influence (power)
• Push
• Transactional

31. What is Entrepreneurial Leadership?

32. 1. Engage Team
2. Suitable Leadership style!
What you need to do?

33.  Involvement in job with heart and soul.
 Passion for work
 Enjoy and feel valued for doing the job!
 Cognitive, Physical, Emotional
What is Engagement

34. Shiraz Research on EE for Pharma

35. 1. Singapore loses $5 billion annually
2. Britain loses ₤39 billion annually
3. For 100 employees @ 25k/month, the cost
of 20% disengagement = PKR 6,000,000
Cost of disengagement

36. 1. Discuss in group for 10 mins
2. Build Team (3 points)
3. Suitable Leadership style!(Which is best and why?)
- Tell
- Sell
- Guide
- Empower
How you will do? Group activity

37. 2. Leadership Styles
High
WILL
Low
High will
Low skill
Coach / Guide
High will
High skill
Delegate / empower
Low will
Low skill
Direct / Tell
Low will
High skill
Excite / Sell
Low SKILL High

38. 1.There is no best style!
2.Dependent on follower readiness
3.Readiness = Will and Skill
Clip 12: EL
2. Leadership Style

39. Coaching using Skill/Will matrix
High
W
I
L
L
Low
GUIDE
• Coach
• Train
• Explain
• Allow early mistakes
• Relax control with progress
DELEGATE (Empower!)
• Set objectives, not method
• Praise, don’t ignore
• Invoke decision making
• Give stretching tasks
• Don’t over-manage
DIRECT
• Clear briefing
• Build skill
• Provide feedback
• Raise and nurture
• Close supervision
EXCITE
• Identify reason
• Motivate with vision
• Monitor
• Feedback
• Encourage
Low SKILL High
(CAN)

40.  Clip 13: Air bnb
 Clip 14: how many times you try
Some Issues

41.  Clip 13: Turkish
 Clip 14: Roller coaster
Conclusion

42.  -----
 ------
 ------
Today’s Learning

43.  What you will do?
 How!
Action Plan

44. Thank you

45. Shiraz Ahmed
E: shiraz.wasif@gmail.com
Twitter: shirazwasif
Linkedin: shirazwasif