A journalist friend called up yesterday, she was researching on the trends of students turning entrepreneurs straight from campus, in the wake of the economic crisis, and wanted my opinion to form her own perspective!
Funny, I don’t have too many facts to side with either thought – whether or not there are more entrepreneurs coming out –
Is it more difficult to be an entrepreneur now, so people would be less adventurous and stick to their jobs! Funds are said to be drying up and so are the corporate spends on a variety of things. Hiring might be put on hold for a while, even as layoffs aren’t exactly beyond the horizon!
But then, if you can be capital efficient, have a clear revenue model – Talent would be somewhat cheap now, with limited options, there’ll be fewer players and hence limited competition – Not exactly a bad idea either!
In so many words, as the proverb goes, these are the best of times and these are the worst of times!
My guess is, people would be more willing to join existing startups for a while, for the sake of the experience, rather than starting themselves from scratch!
While a bunch of my bright batchmates would be cursing the subprime crisis for having curtailed the size of opportunities available to them, it looks like good news for a bunch of Indian companies.
Had made the observation, looking at the shortlist of a Slot 0.5 company, people who’re still in process after slot zero and are available.. are quite a steal that would’ve been otherwise out of reach for the Indian recruiters!
So well, may people make the most of the opportunities that might not be as great as their own aspirations but can be driven forward!
The Jobsian Style!
Across the 10 fundaes on presenting like steve jobs elucidated by Carmine Gallo,I found these three the most interesting. The entire list of ten, can be read on Business Week here.
5. Try for an unforgettable moment. This is the moment in your presentation that everyone will be talking about. Every Steve Jobs presentation builds up to one big scene. In this year’s Macworld keynote, it was the announcement of MacBook Air. To demonstrate just how thin it is, Job
s said it would fit in an envelope.
9. Sell the benefit. While most presenters promote product features, Jobs sells benefits. When introducing iTunes movie rentals, Jobs said, “We think there is a better way to deliver movie content to our customers.” Jobs explained the benefit by saying, “We’ve never offered a rental model in music because people want to own their music. You listen to your favorite song thousands of times in your life. But most of us watch movies once, maybe a few times. And renting is a great way to do it. It’s less expensive, doesn’t take up space on our hard drive…” Your listene
rs are always asking themselves, “What’s in it for me?” Answer the question. Don’t make them guess. Clearly state the benefit of every service, feature, or product.
10. Rehearse, rehearse, rehearse. Steve Jobs cannot pull off an intricate presentation with video clips, demonstrations, and outside speakers without hours of rehearsal. I have spoken to people within Apple who tell me that Jobs rehearses the entire presentation aloud for many hours. Nothing is taken for granted. You can see he rehearsed the Macworld presentation because his words were often perfectly synchronized with the images and text on the slides. When Jobs was showing examples of the films that are available on the new iTunes movie rental service, one poster of a particular film appeared at the exact moment he began to talk about it. The entire presentation was coordinated. A Steve Jobs presentation looks effortless because it is well-rehearsed.
Apart from this, Amit/Labnol at DI as put together a good set of tips for font choices for the presentation, that always confuse me. Looks good? Worth giving a shot, the next time I’m to present. For the lazy bone that I am, everything else is doable except the rehearsal bit! That’s where I end up compromising and that’s why I end up goofing up. Not that everything else is perfect