entrepreneurship - take the plunge!

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What do you need to be an Entrepreneur? Nothing!You need to take the plunge!

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www.omlogic.com

Kapil NakraCEO and Cofounder, OMLogic Consulting

Asia Pacific Institute of Management Studies, New DelhiSeptember 3, 2008

Take the Plunge

www.omlogic.com

About Me

• Graduated from IIT-Delhi in 1999• Started first venture,Whizlabs in Oct 2000• Whizlabs become a leading Online Brand in

IT Certification Domain.• Exited Whizlabs in Oct, 2007.• Started OMLogic, an Online Marketing

Company in May 2008.

www.omlogic.com

Want to be an Entrepreneur?

www.omlogic.com

What are you waiting for?

www.omlogic.com

Confidence

Experience

Idea

Team

Professional Network

Education

PatienceAbility to work hard

Money

Resources

UrgeDelegation

Risk Taking AbilityBusiness Background

Business Plan

Advisors

Market Understanding

Family Support

Financial Stability

Nothing is Required

www.omlogic.com

Jump off the Cliff

www.omlogic.com

Why I Succeeded?

• “Team defining Idea” versus “Idea defining team”

• “Thinking customers” versus “Thinking product”

• Measured Growth - Plans are useless, Planning is priceless

• “Buying Cycle” versus “Product Development Cycle”

www.omlogic.com

• Let the gut overpower Investment discipline

• Did not stay flexible

• Did not keep the Big Picture Alive

Red Flags I did not notice?

www.omlogic.com

It’s a different world

• Think extremes: King or Nobody

• Be the one

• Work endlessly

• And enjoy doing that

www.omlogic.com

Thanks

Contact me:

kapil.nakra@omlogic.com

Take the Plunge NOW!

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