Strategies to Become a Successful Entrepreneur. Start with the Why. Create a Business Plan. Find the Right Market Fit. Choose Your Team Wisely. Set Smart Goals. Use OKRs and more... E N T R E P R E N E U R S H I P is living a few years of your life, like most people won't, so that you can spend the rest of your life like most people can't Entrepreneurship is a marathon; not a Sprint!

1. Force Intellect
Decoding Entrepreneurship
Mauly Chandra
Founder & Director, Force Intellect
www.forceintellect.com

2. E N T R E P R E N E U R S H I P
is living a few years of your life,
like most people won't,
so that you can spend the rest of your life,
like most people can't
www.forceintellect.com

3. How Do You Do What You Do?
Your Processes, Functions
Your Unique Selling Proposition
Start with the Why? - Simon Sinek
www.forceintellect.com
WHY?
HOW?
WHAT?
Why You Do What You Do?
Your Purpose, Your Cause,
Your Motivation, Your Belief
What Do You Do?
Your Products / Services

4. Business Planning - Business Model Canvas
www.forceintellect.com
Key Partners
Key Activities
Value Propositions
Customer Relationships
Customer Segments
Key Resources
Channels
Cost Structure
Revenue Sreams

5. Teaming Up for Success
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Image Courtesy - https://foundr.com/founding-team
Essential Skills
of an
Entreprenuer
Match Key
Skills & Key
Resources
Available
Leadership
Audit
Visualizer
Hacker
Hustler
Hunter
Farmer
Build Your
A Team
Right Hiring
Define Roles
Set Goals
Communicate
Reward &
Recognize
See Big Picutre
Identify People
Build Teams
Inspire Teams
Right Resource
for Right Role
Human
Resource
or Human
Capital
Maximize
Potential
Training
Certification
You are only as good as your Team
Choose your Team wisely

6. Set Smart Goals
Neither Too Difficult Nor Too Easy
Importance of Goal Setting
www.forceintellect.com

7. Ambititious
Qualitative
Time Bound
Actionable by Team
Measurable & Quantifiable
Make Objective Achievable
Lead to Obejective Grading
Difficult Not Impossible
Best practice of setting & communicating
company, team & employee objectives and
measuring their progress based on achieved results
70%
3 Objectives at Any Time
3 Key Results per Objective
Set Quarterly Goals
Reviewed Monthly or Weekly
Make OKRs Known to all Employees
www.forceintellect.com
Objectives & Key Results (OKR)

8. Formulating Success
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Finding The
Right Market FIt
Unit
Economics
Repeatable
Formula

9. Importance of having a good Mentor
www.forceintellect.com
Guide You in the Right
Direction
Opportunity to Access
Mentors' Network
Knowledge & Experience
Beyond Books
Higher Probability
of Achieving
Success in Business
Ways to Survive & Grow
even in Tough Times
Support & Reassurance
you can overcome
initial difficulties

10. Complete freedom and control
Slow growth
Not for every business
Better funded competitor may
go ahead of you
Less control
Faster Growth
Changes for extra credibility
Be ready for 10X growth
BootStrapping vs Fundraising
www.forceintellect.com
Start and Grow Business
with your own money,
and your savings
Bootstrapping Fundraising
Borrowing Funds
from Investors by
giving Equity Stake

11. Scaling Up Your Business
www.forceintellect.com
Does your business have the capacity to grow?
Will your business systems, infrastructure and
team be able to accommodate growth?
0.9 X 0.9 X 0.9 = 0.729
1 X 1 X 0 = 0
1 X 1 X 1 = 1
Scalability is about capacity and capability

12. Facing Adversities
www.forceintellect.com
Accept Adversity
as Normal rather
than exception
Maintain Positive
Attitude
Learn from Mistakes
Build Relationships
with others,
Communicate
Surround Yourself
with Smarter
People
Prioritize your health.
Strike balance in
work life activities
Refocus on your
strengths
Just Hang On

13. www.forceintellect.com
Entrepreneurship
is a marathon;
not a Sprint!

14. T O B E S U C C E S S F U L ,
have your heart in your business,
and your business in your heart
www.forceintellect.com

15. Thank You
www.forceintellect.com
Mauly Chandra
mauly.chandra@forceintellect.com
+91-99935-33344

16. 7
Years in
Operation
2500+
Active Users
Domain
Expertise
500+
Busines
Functions
70+
Satisfied
Clients
We design & develop
ERP Software, e-Procurement Solution,
specifically for Manufacturing Industries
Who we are, What we Do
200+
Successful
Projects
11
www.forceintellect.com

17. Adding Value, Enabling Growth of
Manufacturing Industries, to Help them
become efficient, productive & agile
with ERP Software, e-Procurement
Software
Our Mission
Enable Automation & Digitization
in Manufacturing Industries. Provide
innovative ERP software solutions
and partner in the transformation
and growth of Manufacturing
Industries
Our Vision
Thought Process of Force Intellect
www.forceintellect.com

18. Software Development using ASP.Net, VB.Net, C#,
SQL Server, MVC, Angular, Winforms
End to End ERP Software
Business Intelligence Tools
Mobile Apps
Spectrum ERP Software
Integral part of Spectrum ERP
Standalone Solution
Saves 3x Procurement Time
e-Procurement Solution
Force Intellect Product offerings
www.forceintellect.com