Skip to main content

Lessons from The Entrepreneurship Catalyst



Walking into the UB sports arena on Wednesday morning, I had pegged the De Beers Entrepreneurship Catalyst Conference as just one of those events that I would benefit nothing from. You know the events that I am referring to. Where rich stuffy guys come and tell us about how they made it in long boring lectures. Boy was I glad that I was wrong. The event was nothing short of star studded, from 9 time Olympic gold medallist Carl Lewis, to representatives from Stanford University. Which was expected, after all it is De Beers. To kick off the day, Peter Hong from Google gave what to me was a life changing lecture. He comes from a science background having been a marine biologist at some point in life but has managed to end up at Google with some other interesting experiences in between. His talk, I can confidently say was the highlight of the day for me. Perhaps it was because it was first on the agenda in the morning but I would like to think it was more because of what he said. He first started off with a picture of cute little wolves on the projector screen. My first instinct of course was let out a an ‘awwww’ sound as did most of my colleagues, only to find out that I had fallen prey to brain hacking. By using such tools, you open up your audience’s mind and make them more receptive to what you have to say. A trick many can employ when giving presentations in the future. 

He also highlighted the importance of vulnerability.  Vulnerability changes the nature of relationships. A simple talk with a work mate about their personal problems for example can help enhance your relationship into a deeper one. You no longer view them as just somebody you work with but somebody who has a life and problems and human and therefore changes the way you interact and even Work with them. He also touched on first impressions and the long lasting effect they have. Human beings tend to acknowledge another person even before they speak and all this is based on the micro expressions this person portrays. Peter continued to talk about happiness vs fulfilment. We all know the saying that money can’t buy happiness but when you do have money you are happy. A study done in the US showed that the average yearly income that ‘made people happy’ was $80 000. But it was also found out that people who earned more than that weren’t necessarily happy. $80 000 was basically the threshold where people felt they had enough not to worry about paying bills or going hungry. So what does it take to be fulfilled? Health. Friends. Love. Work. Being part of something bigger than you. Mindfulness is also a great quality to possess. When you are mindful you are grateful of the things you have. And lastly he talked about life. Life is hard, we can all testify to that, I know I can. But when life gets harder you should work harder and most importantly you should celebrate harder, both your failures and your successes. 

Some other great lessons that I picked up from other panellists and speakers present  are as follows:
  • Entrepreneurial-ism is a team sport. Too often do we as entrepreneurs attempt to do things alone and then act surprised when we fail. You can’t know everything and you certainly can’t do everything yourself hence the importance of collaboration. Collaboration is key in Entrepreneurship.
  • You need to invest in a mentor. Not only will they guide you in the right path, cos lets be honest we all lose the plot at some point, but they will also present you with opportunities to network. 
  • Fail spectacularly. I think we have all heard this one plenty of times but it’s still true. From failure we get to learn so much, how to improve, what we did wrong. 
  • Passion persuades. If you believe enough in what you are doing or want to do, it will come across clearly and definitely attract investors. 
  • Investors must find you working. Many a times we just sit down and sing the ‘I am looking for funding’ song as an excuse to why we are not taking action. Do what you can with the little you have. Let those investors find you working and show them how serious you are. 


Overall it was an amazing experience full of young people bursting with energy and ideas. Below are some of the links to the opportunities that De Beers in collaboration with BIH and Stanford University have availed to us:

De Beers Stanford Program



Comments

  1. I will be in the queue to read your next post. It's worth to read.

    Love marriage specialist - Muslimastrologerwazifa.com

    Thanks to share!!

    ReplyDelete
  2. nice read really. i always pick striking pieces when reading and for me on here was Passion persuades. it really had a push on me.

    ReplyDelete

Post a Comment

Popular posts from this blog

"Love"

Can I let you on on a big secret? I am a sucker for love, romance, fairytale ending, the works. And for the first time I am happy to say I am not ashamed of it. Why should I be? Sure love hurts and it involves heartache and drama and binge eating - okay if I don't stop now I might retract that statement. I just recently discovered a poet called Rumi, he said: All we need is love's confusing joy . Dude was on point! If we are all really honest with ourselves we know what we want and that is someone who will accept us with our perfections and imperfections. Someone who will never leave no matter the mistakes we find ourselves making. Basically someone to love us. But lets face it, we are afraid. Everyone is afraid to open up, to be vulnerable, to give someone else the power to hurt us, some more than others. Truth be told I am scared too, just like everyone else the fear of getting hurt stops me from enjoying the fruits of love. But who can blame me, look around, nobody really ...

Cainotophobia

Of late I have been interacting more with people, listening to their different opinions and not just listening but actually hearing what they have to say.  I have always fancied myself open minded but it recently came to my attention that I may be wrong. I, like most people, have a set way of doing things. There is a certain way that I have always done things, for example, the way I study for exams or the way I brush my teeth. It's routine, it works and I have never needed to change it. I mean I know I could do some things differently but who wants the hassle of trying a new method that might not be effective right? Wrong! That's the kind of mentality that leads to people being afraid of change.  I know it may seem like a small thing especially when I use such trivial examples like brushing your teeth but it's actually bigger than that. When we grow older, because we have adopted this 'no change' attitude, we let it affect important decisions that shape the cour...

Out of my comfort zone

For what I am about to share to make sense, I need to give you a bit of background information. I am what my friends call an 'activity slut'. Its kind of a harsh term but completely factual. I am the kind of person who participates in literally everything that I come across, be it charity organisations, school related projects, societies, etc. If I feel like I could contribute something to any project I do it, without any hesitation. I love working with people and trying to make the lives of people around me better and being involved in all these projects gives me the opportunity to do just that. I also do it for selfish reasons, I want to leave a legacy that will live on for decades after I have left this earth. I want to be remembered by each and everyone I come in contact with. What? I am only human! But one thing I never do is get involved in anything where I am uncertain about its success. All my moves are calculated, I only take part in things  I know for sure I will be...