This is a talk I gave at GIKI (www.giki.edu.pk) an engineering university in Pakistan

1. Entrepreneurship : The road least taken

2. I’m Muhammed Nasrullah aka Nash Batch 10, FCSE I manage Gikipedia.net

4. I am CEO of ByteSense

5. Who I was: President ACM, Webmaster 2003-2005, FCSE Automation, Author of GIKI Yearbook

6. About Me: Who I am not

7. I am not a role model

8. I am not a success story

9. I am not a success story …yet

11. What other alternatives are there?

12. Entrepreneurship

13. Entrepreneur: Creates a new business, process and technology for business

14. That Means: They change the world

15. Entrepreneur: High risk, high innovation

16. High Risk :

17. Instability

18. Risk of Failure

19. No monthly paycheck

20. The Rewards:

21. Change the world

22. Create jobs

23. Solve problems

24. Get rich doing it

25. Why aren't there enough Entrepreneurs?

26. Failure.

27. Fear of Failure.

28. Innovation is tricky

29. The fairy tale: All successful companies you hear about never failed

30. The Road to Success is paved with Failure

31. “ I have not failed. I've just found 10,000 ways that won't work.” Thomas Edison

32. Took 50,000 tests to develop the nickel-iron alkaline battery that became an industry standard and is still used today-more than 90 years later

33. It took more than 2,000 tests to find the right filament for the light bulb.

34. Traf-O-Data

35. Bill Gates first company (it failed)

36. “ Before Paul and I started the company, we had been involved in some large-scale software projects that were real disasters. They just kept pouring people in, and nobody knew how they were going to stabilize the project. We swore to ourselves that we would do better” Bill Gates

37. Paypal was Max Levchin's 3rd company

38. The Facebook was not Mark Zuckerberg's first website

39. “ Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do. If you haven't found it yet, keep looking.” Steve Jobs

40. In order to succeed, learn to deal with failure

41. Be prepared to be disappointed by the market response

42. Plan for a backup

43. Support system: family, spouse, friends

44. Plan B (a job)

45. Analyze what caused the failure

46. It's only a failure if we fail to get the learning

47. My advice

48. Start your startup in your 3rd or 4th year

49. Google started in Stanford's dorm room

50. Facebook did so in Harvard's

51. You can find great people to help you with it

52. Reduced pressure: can be done along with your studies

53. No financial obligation , you're just a student

54. Make your startup idea, your FYP

55. You will still benefit with the grade

56. You will have worked on a Real project (used in the wild)

57. Even if it fails, you will be successful (wiser, course grade)

58. Work Hard

59. Very hard

60. Work Smart

61. Stop satisficing

62. Have Faith: Believe in yourself

63. Study Hard

64. If you don't read good books, there's no advantage over the illiterate

65. The Road Least Taken

66. Take the alternate path

67. Do a startup

68. Don’t be afraid of failure

69. Change the world