Discover and read the best of Twitter Threads about #entrepreneurship

Most recents (24)

1/ After working with over 1500 founders in the last decade, helping them launch their ideas, set up teams, merge, exit, pivot and more, I’ve reached one solid conclusion – founders need coaches, not mentors.
Where the above statement sounds conclusive, it is not.
2/ Coaching and mentoring is a process that needs to be opened up in parts and through a process. Mentoring primarily focuses on a long term relation formed between two individuals – it is based on respect and commitment.
3/ Not anyone can be your mentor, nor can you be a mentee to anyone. It's a relationship that grows & matures over time, & exists as an unsaid agreement b/w 2 parties. A coach serves as that guide, sounding board, listener, adviser, but with a timeline in place & KPIs in sight.
Read 10 tweets
In recent years have started to question the traditional approach to #narrativemedicine. Who owns a story? What lens is applied? I get it is seen as important for “joy of practice” to tell these stories as doctors. Except, these are actual lives and bodies of human beings.
As in, I don’t know the right answer but I also don’t think we are asking enough questions of ourselves, our profession, our peers, our professors/attendings.

Ours is a profession that labels
>age 35 as “geriatric pregnancy” after all

My pinned tweet:
Or: #nyc writing class, read “The Laugh”
by Tea Obreht:had never been yet wrote story in Subsaharan Africa

Vivid descriptions of wild animals
Black male=passion

WOC in class had to point out to instructor: WOC characters were flat, one-dimensional, silent, passive
=White gaze
Read 18 tweets
We have the wrong intuitions about the #economy: we tend to assume that it is about #engineering rather than #entrepreneurship. This is fundamentally mistaken. Economists typically make that same mistake, and therefore focus their modeling on the wrong thing. If it is about
engineering, then it is about efficiency, technology, and resources. But it is not. It is about value. Production efficiency, technology, and resources are a first concern only when firms are competing head-on selling commodities, where every business produces goods that are,
from the point of view of consumers, indistinguishable (think gasoline). But this is hardly ever the case in the dynamic market process; it applies practically only to the final stages of an industry's life cycle: maturity and decline. For this type of head-on competition, in
Read 15 tweets
To build BHARAT’Atmanirbhar’. We would need to change our mindset from Workers to creators. Would be starting a learning for #Entrepreneurs... are you in game for it ? Let me know, each day will share “Mantra” for success. Let us build a #NewIndia together 🇮🇳
Lesson-1 ( L-1)
It is the responsibility of every #Entrepreneur to add value to his customer.
3 “C” which are essential for any business to offer its clients
1. Cost
2. Convenience
3. Consumer/ Customer Experiences

Best to achieve all, but min 2 are must to be successful. 👍
L-2
#Entrepreneurship not only about building great business(es), but also about building a great team. 4 characteristics needed in people.
1. Smart,not academically but otherwise
2. Hard Working
3. High Integrity
4. Grit
ability 2get knocked down but passion to get up again
Read 23 tweets
We talk a lot about growth, marketing, SEO & all the fun sides of #startups and #entrepreneurship, but there's more to online business than that.

Let's take a crash course in financial statements, shall we?

THREAD
The 3 financial statements businesses issue to report their financial performance are:
1⃣ Cash Flow Statements
2⃣ Balance Sheets
3⃣ Income Statements

@freshbooks has a good tutorial on how to read each of these statements. freshbooks.com/blog/financial…

#Accounting #SmallBusiness
1. CASH FLOW STATEMENT
1a) The cash flow statement shows actual cash inflows and outflows of a business over time. 📈

It basically measures how well a company manages its cash. @noahparsons and @Bplans explain cash flow statements in this article:

articles.bplans.com/what-is-a-cash…
Read 17 tweets
Umbereen S Nehal MD MPH: who is this person? Several people have been asking

A thread

Where am I from? Hooboy.
Let’s say, citizen of the world, human ping pong ball. Third culture kid. Genetic mutt

Born: 🇺🇸
🇵🇰 parents - when my parents born colonial rule, pre-Pakistan
To thoroughly annoy my Twitter bestie, @DrvanTilburg

Am an ENFP - a cross between Snoopy, Robin Willians, Ellen Degeneres, Dr. Seuss, Charles Dickens, Upton Sinclair

I border on ENTP - love new info and love to challenge in order to break through barriers or limitations
My great-grandfather was given title "Khan Bahadur" (brave). As a judge, a brown man under Colonial rule, he threw the book at a British attorney. "Learn the law" if in his courtroom. Hence my stiff moral backbone

My mom & me:

(She loves this song)
Read 52 tweets
FORTY POINTS FROM @pastorpoju's INSTAGRAM LIVE INTERVIEW ON ENTREPRENEURSHIP WITH @LekeAlder

THREAD
1. Discipline, logical reasoning and market insight are three success factors for entrepreneurs. #Entrepreneurship
2. To develop an idea, you can employ Synthetic Creativity or Intuitive Creativity. #Entrepreneurship
Read 41 tweets
Long Thread [Alert]

1/n Something big is up at @binance. First @Poloniex, then @steemit and now @CoinMarketCap. If we go by the reported news on the @TheBlock__ , this could be worth $400 Million. Assuming that it is not an #AprilFoolsDay prank...

theblockcrypto.com/post/60371/bin…
2/n Over the last 12 months, @cz_binance has acquired at least three companies - @BinanceJEX, @WazirXIndia, and @dapp_review. Looking at the big picture, it is a notable development as @cz_binance mops up the key players in the #decentralized fundraising space
3/n If you're looking to develop a #dapp, your best best is soon going to be the #Binance Blockchain. Why? Because it tacitly lets #developers know that it has the most well-oiled machinery in the much muddied #crypto space.
Read 11 tweets
[TREAD]
On a more +ve note here are some indirect benefits of COVID-19 (a parallel perspective):
- Lesser traffic, lesser air and noise pollution, better for those looking to solve climate change
- Space is good for everyone, and you just got your long desired relaxation break
- Higher purchasing of products from food and grocery stores thereby stirring up the local economy. Also rotating out older inventory and making room for new inventory
- Understanding about the kind of work you do and how unnecessary working at an office really is
- (on a similar note) Realizing the importance of F2F meetings over audio/video calls for discussions, negotiations and deal-making
- Higher standards of hygiene
- Cost savings for everyone as a result of less commuting
- More family time
Read 7 tweets
Got your kids at home for a few weeks due to the #CoronavirusPandemic ? Well, as a #homeschooling mom, I would love to offer a few tips that have helped me over the years.
(1) You don’t have to stand over your child and teach them 8 hours a day. An average school day is mostly filled with getting kids to and from classes, lunch, taking attendance, and other administrative things. Kids are not getting 8 hours of solid instruction and learning.
(2) We as adults, in the corporate 9-to-5 sector, don’t do too well with 8 to 9 hours of solid work and just a one hour break. Don’t feel compelled to structure your kids days like that either for the next few weeks.
Read 13 tweets
@Chamath just dropped the 2019 @socialcapital annual letter.

It’s just as riveting as the 2018 letter.

I thoroughly enjoyed digging through it,

Here are key points and my notes in [ ]

Cc: @nlw @grummz @radigancarter

Thread…#investing #markets #entrepreneurship
1/ Social Capital has outperformed the S&P 500 for 2 years in row.

The 2018 and 2019 letters state different gross IRRs for the years 2011-2018…images below.

@chamath care to clarify?
2/ The Social Capital investment focus is healthcare, education and frontier tech biz like #space and #AI.

They’re closed to outside capital and are a tech holding company that wants to achieve meaningful impact in a complicated world.
Read 36 tweets
Entrepreneurship is an exciting path for anyone looking to turn #SciComm into a career. But it’s not a path we hear a lot about! I’d like to start this week by telling you a little about my journey leaving academia to start a #SciCommBiz [1/7]
I didn’t plan on starting a business. But when I finished my PhD in 2016, I couldn’t find employment as a science communicator. I looked for jobs, postdocs – literally ANY paid position doing #SciComm. What I realize now is the job I was looking for didn’t yet exist. [2/7]
Like many SciCommers, my skillset falls within the cracks of conventional employment. I’m too much scientist to be a creative (e.g. filmmaker or photographer). I’m too much creative to be a scientist (e.g. researcher or technician). I wanted to be both. [3/7]
Read 7 tweets
Breaking #gigeconomy news: French @Courdecassation rules that @Uber drivers are employees. Full English translation of the decision available here - courdecassation.fr/IMG/20200304_a… . (h/t @GrafvLuxemburg _
The Court starts with a strong assertion of the primacy of facts: compliance with regulatory regimes / contractual documentation / &c can be rebutted if there is a relationship of permanent legal subordination (this has been a key debate in the UK litigation, too)
The case law on point is well-established: "rel'p of legal subordination is characterised by the performance of a job under the authority of an ER who has the power to give orders and instructions, to oversee performance thereof, and to sanction the subordinate for any breaches."
Read 16 tweets
There is a lot of confusion regarding what #entrepreneurship is and how entrepreneurs earn profits. This confusion causes a distinction between "market" entrepreneurship and "social" entrepreneurship that does not, in fact, exist. Generally speaking, #socialentrepreneurship is
the providing of value to those in need, with the implied understanding that there is no "room" for earning profits. But this type of activity is either charity, plain and simple, or it is a fundamental misunderstanding of entrepreneurship. This becomes clear if we distinguish
between value creation (really, facilitation) and distribution (value capture). They are often misunderstood for being the same thing--or value creation is overlooked completely. What entrepreneurs do is create new value, which is how they constitute the "driving force" of the
Read 24 tweets
1/So there was lots of talk at @AACNursing #AACNdoc20 re: #Nursing #PhD pipeline, getting folx esp prelicensure students ‘excited’ about #nursingscience & the #BStoPhD

I totally revamped our #nursingresearch & #innovation course @UMassAmherst last fall to do just that

Thread ⬇️
2/ I told the Asst Dean when I took it on that regardless of the learning objectives for the course I had only 1 GOAL:

That by the end of the semester, these students would be EXCITED!-or at very least, just a little bit CURIOUS-about a career in #nursingscience & #innovation
3/ A note about context: This was a course of ~85 Accel BS students, taught in an urban campus that is geographically ~40mins drive from main @UMassAmherst campus, in the . The classroom assigned had no windows. Class ran 8am-1030am Weds, before more courses. I say this b/c....
Read 61 tweets
The #EconomicSurvey2020 was released on Jan 31, 2020. The theme - "Wealth Creation". This thread provides a brief summary of each chapter in Volume I.

#Budget2020
#BudgetWithCDL

@FinMinIndia @nsitharaman @nsitharamanoffc @SubramanianKri
@FinMinIndia @nsitharaman @nsitharamanoffc @SubramanianKri #EconomicSurvey2020 bats for allowing the "invisible hand" to do its job. Market should only be supported and not attempted to be controlled by the government. #Budget2020 #BudgetWithCDL
@FinMinIndia
@nsitharaman
@nsitharamanoffc
@SubramanianKri
#Entrepreneurship is key to wealth creation and India's journey towards a #5TrillionEconomy. #EconomicSurvey2020 argues for continued and expanded support for entrepreneurs. #Budget2020 #BudgetWithCDL
@FinMinIndia
@nsitharaman
@nsitharamanoffc
@SubramanianKri
Read 11 tweets
In 3 days I cycled 🚴‍♂️ 250+kms across villages in Kumbakonam.

Why? There is a discourse in the media about #India but I wanted to seek the truth about India.

What started as a self-indulgent hobby helped me embark on a self-discovery journey.

🧵on my return-to-your-roots trip,
Place: Most of the time I cycled through the scenic routes that go from one village to another, never-ending lush green paddy fields on either side of the road, my gratitude to #farmers 🙏

I bathed on the #water bodies on my route, it helped me beat the heat during the day
I'm in 💕 with these people

The most striking factor was how close-knit the communities are.

During the course of my ride, I answered 100+ locals asking me what a stranger like me was doing in their #village

Kids waving at you as you cycle by is almost unconditional love.
Read 14 tweets
#Thread for #Entrepreneur

Dear entrepreneur always remeber these Roles:
You're product is not the first product ever made
You're business is not the first business ever created
You're not the best first CEO/Manager ever existed
#Onekatweets #Entrepreneurship #founders #Business
The role of your product
-Is to solve a customer problem ina very best different way that what exist in the market at a time and in a way that customer can understand best and easily use it next time .
-Is to help ease pain your customers have been experiencing about the problem.
The role of your business
-Is to always continue to innovate and bring new improved solutions to existing/new problems your target market is facing
-Is to create a very sustainable and profitable business to enable it to keep creating value to shareholders and community at large
Read 5 tweets
thinking out loud about #WWIll in the #nigerian #tech space.
It all started with the then big boys of #innovation
with #ridehailing services. #Uber came into Nigeria and we realized taxis were not enough. whether it was because it was a popular international service
or because it had a good PR for representing your class or status, truth is #uber really did solve a problem. instead of walking to parks or bus stops looking for a taxi, your ride comes to you.
You have the right to choose what ride comes to pick you up based on your pocket
let's not even talk about convenience, the good Air conditioning that these guys used to offer during rides (not certain anymore) or the fact that it gave people the ability to have multiple jobs/sources of income once you have a vehicle.
Read 15 tweets
A detailed #thread on the important #schemes launched by Sri #NarendraModi led #BJP Govt.

Sri @narendramodi ji has launched many #welfare schemes. These #schemes varies from welfare of #Farmers, #housewives, #labourers, #students to small #shopkeepers etc.
@PMOIndia @BJP4India
1. PM-KISAN: This scheme promises to pay all poor #farmers (small and marginal farmers having lands up to 2 hectares) Rs 6,000 each every year in 3 installments through Direct #Bank Transfer. It would reportedly benefit around 14.5 crore farmers all over #India.
2. Pradhan Mantri #Kisan Pension Yojana: To address the problems of farm sector distress, the Modi 2.0 Cabinet has approved a proposal to provide small and marginal #farmers with a minimum Rs 3,000 per #month fixed #pension, costing Rs 10,774.5 crore per annum to the exchequer.
Read 33 tweets
Let me today talk about Strategic Information Systems to educate anyone one who thinks of leveraging ICT in their organization.
(1) Many local organizations don't have an information strategy in place. They think ICT is just having computers and connectivity infrastructure. ICT is still considered as something for data processing only.
(2) Many people are yet to realize that ICT can give you a strategic advantage. In the 21st century, you need information to make accurate and timely decisions.
Read 20 tweets
Here at #SunriseNorthIsland. The energy in the room is palpable, crackling with excitement.

Kudos to @blackbirdvc for bringing everyone together.

How do we turn all this enthusiasm into thriving global businesses?

#startup
#NZtech
#entrepreneurship
2. #SunriseNorthIsland
3. #SunriseNorthIsland
Read 9 tweets
The New Zealand Government invited the public to comment on the Venture Capital Fund Bill, so I made a submission: zmint.co

#nzpol #VentureCapital #Innovation #Entrepreneurship #GrowthHacking #SocialEnterprise
The Ākina Foundation also made a submission, calling for 10% of the fund to go into impact investment (I called it social enterprises). They also see investment readiness as an issue.

akina.org.nz/news/venture-c…
Read 3 tweets
Here's how I create products. When an idea comes to me, I type it in a phone app and spend days or even months just chewing on it. I don't hold any brainstorms and I don't develop any vision boards. I just chew.
Over time, I add points to the idea, teasing it out. Finally, I take pen to paper and flesh out the idea in my journal, just to see it better. I'm not a visual person, so I prefer words to diagrams.
Finally, when I think I've figured out how the idea can make money (and never before), I speak to members of my tribe to ask what they think. I then refine the idea further.
Read 8 tweets

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