Entrepreneurial Mindset - Entrepreneurs don't simply take risks; they calculate them, emphasizing the importance of informed decision-making [2][3] - Real bravery in entrepreneurship involves understanding risks, preparing wisely, and moving forward with calculation, not blind courage [12][24] - The industry highlights that entrepreneurial thinking is valuable not only in business but also in daily life, as individuals constantly make transactions involving time, energy, and emotions [23][24] Risk Management - The industry identifies two types of risks: those that are foreseen and those that are not prepared for, stressing the need to anticipate and mitigate potential challenges [9] - A key takeaway is that hope, feelings, and patience alone are insufficient; calculation is essential to avoid mistakes [8][9] - Mitigation strategies include buying ingredients weekly instead of monthly to avoid waste and building emotional resilience to cope with rejection [19] Decision-Making Framework (4 Ms) - **Market:** Assess real demand by determining if people are willing to pay for the product or service and whether a new skill is useful [13][14] - **Margin:** Consider not only monetary profit but also the investment of time, energy, and mental space, evaluating if the return is worth the investment [15][16][17] - **Mitigation:** Accept that bad days will occur and focus on minimizing risks through preparation and resilience [18][19] - **Momentum:** Evaluate whether an action will move you forward, even if only slightly, focusing on learning and experience gained from failures [20][21] Common Mistakes - Buying too much inventory without knowing the real demand [10] - Investing energy without knowing the return [10] - Jumping into something exciting without building a safety net [11]

Entrepreneurial Journey & Transformation - The speaker transformed from a corporate employee to an entrepreneur, building ecosystems and impacting thousands [1] - Over 12 years ago in Chennai, the speaker aimed to change perceptions of makeup artistry as a business, art, and movement of confidence [1] - Faced societal doubts and family concerns initially, but persevered through challenges like a crying first bride [1] - Overcame COVID-19 challenges by innovating and adapting safety measures, redefining beauty as safety and responsibility [2] - Made a pivotal decision to stay in her city and focus on her business, leading to significant opportunities [3] Business Growth & Impact - The speaker's brand, Palette Affair, started small but grew, facing challenges like COVID-19 [2] - Successfully executed a Guinness World Record project involving 101 underprivileged brides, showcasing beauty as belonging [3] - Awarded Bridal Makeup Artist of the Year, validating sacrifices and judgments [3] - Built an ecosystem fueling various related professions, emphasizing business over just beauty [3] Personal Empowerment & Inspiration - The speaker's journey highlights the power of confidence and reinvention, inspiring others to take charge of their lives [1] - A key moment was realizing the impact on students, empowering them to earn, lead, and decide their futures [3] - The speaker's son learning about women's leadership and inspiration is a proud moment, shaping future generations [3]

Overcoming Adversity & Building Resilience - The speaker's story highlights the power of resilience and a "never give up" attitude in overcoming societal expectations and personal challenges [2][3][7] - Early experiences of being underestimated and rejected fueled the speaker's determination to succeed [1][9] - Seeking help and support from others is a crucial tool for overcoming obstacles [12] Entrepreneurial Journey & Business Strategy - The speaker started an entrepreneurial journey in 2013, facing rejection and underestimation but driven by a grit to win [9] - The company initially focused on underserved areas within intellectual property, specifically startups, universities, and memes [14] - The company chose to build a legacy business rather than a short-term venture [14] - The company grew from zero to over 300 team members [14] Lessons Learned & Future Vision - Rejection should be seen as redirection, and individuals should focus on self-improvement rather than external judgment [17] - Resilience is more important than resources; building a network is crucial for success [17][18] - Individuals should compete with themselves, focusing on personal growth and future potential [18] - Fearlessness and boldness are key to creating a legacy [19]

Ricky Chan, a distinguished professor and entrepreneur, will present an innovative TEDx CSTU talk in 2025 that redefines startup success. His presentation reveals a transformative approach to entrepreneurship by fusing statistical analysis with cutting-edge AI technologies. Challenging the traditional reliance on guesswork, Chan's vision is to empower investors and founders with confident, informed decisions that dramatically increase success rates. With the sobering statistic that 99 out of 100 startups fa ...

Listen and subscribe to The Big Idea with Elizabeth Gore on Apple Podcasts, Spotify, or wherever you find your favorite podcast. Want to succeed as an entrepreneur? Focus on the problem, not the product. This week on The Big Idea with Elizabeth Gore, Waze and Pontera co-founder Uri Levine joins the show to answer the question: How do I start a business by solving a problem? Levine, a serial entrepreneur, has spent his career building solution-oriented businesses rooted in real problems in society. From mone ...

Here are 7 entrepreneur behaviours that many believe are normal, that actually do more harm: https://t.co/ypPy3XrU7P https://t.co/ZmY7WzzFHj ...

[Music] Thank you. Uh thank you for a kind introduction. I hope I can share some of my experience with you all so that you can learn something from it.From 1 lakh to 10,000 cr company which I have built is a story made in India made for the world. I think I'm proud because I made the story within India. So, but I think that's a success part.There are lots of failures and I'm here today to talk about failures and challenges in last 21 years I have gone through including my childhood. So, I would love to talk ...

Business Transformation & Entrepreneurship - The speaker, originally a bacteriologist, transitioned from a career in healthcare to establish an Arabian cuisine restaurant, Alar Delicias Árabes [3][5][6] - The speaker overcame initial skepticism and negative feedback regarding the restaurant's location and longevity [5][6] - The speaker emphasized the importance of believing in oneself and pursuing one's dreams, even in the face of fear and uncertainty [10][11][12] Restaurant Management & Innovation - Alar Delicias Árabes started as an entrepreneurial project and evolved into a lifelong dedication for the speaker [5][6] - The speaker shifted from laboratory analysis to managing a team, creating menus, and focusing on business administration, restaurant management, marketing, innovation, sustainability, and artificial intelligence [7][8] - Alar Delicias Árabes expanded its presence to Barranquilla (with a hidden kitchen concept) and Valledupar (with a physical location) [10] Cultural Representation & Authenticity - The speaker, despite not being of Arab descent, committed to representing and honoring Arabian gastronomy authentically [5][9] - The speaker aimed to authentically represent Arab cuisine, committing to honoring the culture through the restaurant [8][9]

[Music] My name is James Lee and I'm thrilled to be here in Rancho Mirage at the heart of Coachella Valley. We have had a great experience here, but I think it could be better. This place is ripe for startups.Not sometime in the future, not when the conditions are right, but right now and right here. So I want to start with a simple formula, the startup equation. Many of you have seen a version of this and we know that this works in other places.But if we have talent, we have ideas and we have capital and w ...

Technology & Humanity - AI's potential dangers are highlighted, with examples of negative consequences like a chatbot causing a teenager's suicide and biased AI algorithms in job roles [3][4][5] - The speaker reframes the idea that AI will destroy humanity, suggesting instead that humanity will destroy humanity [3] - Technology is not what will lead humanity to get better; wisdom, ethics, and discipline (WED) are essential [16] Entrepreneurship & Leadership - Entrepreneurship has evolved to encompass leadership, which includes caring for the planet, people, and prosperity [6] - Great leaders and entrepreneurs understand the importance of impermanence, interdependence, and suffering [11][12][13][14][15] - Leaders and entrepreneurs should focus on WED (wisdom, ethics, and discipline) rather than solely on technology [17] Decision Making - The "black box" approach (data and rationale) and "gut feeling" (experiences and intuition) are two different ways of making decisions [8][9] - A holistic approach that merges both the black box and gut feeling is recommended for making wise decisions [10][15] Ancient Wisdom - Three marks of existence are impermanence, interdependence, and suffering [12][13][14] - Impermanence: Everything in life is impermanent, including technology [12] - Interdependence: All systems (social, financial, economic) are interdependent [13] - Suffering: Everyone will experience suffering [15]