New idea, new startup ? How to evaluate your chances for success ?

We are in the middle of the Entrepreneurship week in Geneva.

This year, it is called « Libérez vous idées » / Free up your ideas !

I have been invited to take part by the Association des étudiants en Sciences (AESc).

Being invited by the students themselves mean a lot to me, actually !

evaluer-une-entreprise-a-acheter2

So, on Tuesday, from 12, I will animate an interactive workshop in Geneva. Together, we will dig into the differences:

  • between science and entrepreneurship,
  • between risk taking and over-confidence
  • between scientist mindset and entrepreneur mindset
  • between design thinking, effectuation and the other 100s of ideation methods.

We will have an open discussion about the different ways of evaluating your chances for business success when you come up with a new idea.

The interactive workshop will be taking place in Quai Ernest-Ansermet 30, 1205 Genève
SCIENCES III salle 1S059.

It should be good fun !

I hope we will exchange many good ideas.

images

There is no credit to be won, we will just talk about you, your ideas and your motivation to turn your ideas into successul businesses.

I will use some of my latest tricks to make the session as interactive as possible.

We will share knowledge about effectuation, design thinking, and getting stakeholders to commit for you and for your idea.

It is open to everyone, it is free, and no, you do not have to have completed 3 PhDs to attend. 🙂

As a teaser, I could not think about a better way than sharing with you, Sara Sarasvathy TEDx Talk video, who invented effectuation.

I hope to see you on Tuesday and get starting assessing your ideas’s desirability, viability and feasibility.

 

5 Tips to develop your business stamina yourself

telechargement

You might typically hear about business stamina during performance reviews, during team meetings with marketing and sales directors, when times get difficult, or when you are running behind your targets. Very few people actually know about the business stamina meaning and even less of us, know about ways to develop our business stamina ourselves.

« You don’t have enough business stamina ! »

Have you ever heard this comment ? Did you really understand what was meant ? How can you tell whether it is true ? What should you do differently ? Why suddenly a director finds it important ?. How can we make it an actionable feedback ? Does it have to do with sport, breathing or fitness ? Do you want to get better at it ? I do. So I made some research and here are my 5 tips for you.

jogging-at-sunset-1461853562jau

Tip #1. Understand why « business stamina » is important ?

It is not written anywhere in your objectives, it is not mentioned in your recruitment interview, it is not said in « one to one » session with your manager, but in most companies, it is expected from you. Displaying stamina reassures everyone and it is widely assimilated as commitment, energy, efficiency, results, success, positive attitude… So stamina is good for you, it is good for your next performance review, for your career, for your next important customer meeting and for your next salary negotiation !

Are you fit enough ?

9570898902_7a17ebed6c_b

 

Tip #2. Start to practice now ! It takes time to be instantly successful !

« Instant Success takes a really long time, so work on your stamina !».

See this great inspirational video from LBS / PeerIndex to understand what we mean here to learn about the journey, the iterations, the use of machine learning technologies and the strategic pivots before reaching the point of what looks like an « instant success » (PeerIndex acquisition)

https://www.youtube.com/watch?v=eHZkBfng4-M&feature=youtu.be

9552037779_4f520fc4b3_b

Tip #3. Learn how stamina supplements business acumen and entrepreneurial mindset

Stamina alone is not sufficient. It becomes powerful when combined with the entrepreneurship mindset and a strong business acumen (your ability to understand, analyse and comment a business situation, and convert it into an opportunity, even in turbulent times or in crisis situation).

The underlying competences on which you can work include progressive and visionary leadership, applying your knowledge and your judgment to a variety of industry, based on facts and data, driving the business forward through initiatives, and most importantly developing and using your social skills (listening, open questions, empathy, …) on every possible occasion.

https://www.entrepreneur.com/article/237673

Tip #4. Understand why meditation helps you be more productive

Have you ever wondered why so many entrepreneurs are super-keen on meditation, mindfulness and consciousness! They have understood why it can be useful for their personal and business success. Both are tightly interdependent.

http://ventureinsider.club/146/how-to-boost-your-business-stamina/

meditation-by-the-lake-55721299753723ly4

Tip #5 – Don’t underestimate the importance of your voice in your perceived business stamina

Learn about the throat chakra, learn about Ayurveda. Go out and sing what you like, and join the theatre or improvisation club next door !

george_-corpsegrinder-_fisher_of_cannibal_corpse

More info on Chakras

http://www.auraphoto.com//products/WinAura/WinAuraExample.html

More info on Ayurveda

http://www.alwaysayurveda.com/stamina-and-endurance/

If you want to develop your business stamina further, get in touch !