Secrets of successful entrepreneurs: Prasad Kaipa at TEDxBayArea

Secrets of successful entrepreneurs: Why some
succeed while many fail?
In this session, I identify what differentiates serial and successful
entrepreneurs from others. I had a chance to co-found the TiE Institute
for entrepreneurs in silicon valley and interact with large number of
entrepreneurs. I also had worked with entrepreneurs and entrepreneur
organizations in US, India and Europe and I will share the essence of my
learning gained through interviews, coaching, research and personal
experience and documented in the upcoming book 'From Smart to Wise.'
About our speaker.
Prasad is the CEO of the Kaipa Group in California and works with companies and senior executives in the areas of innovation, leadership development and coaching. He is a senior research fellow and a visiting professor at Indian School of Business (ISB) and was the founding Executive Director of the Center for Leadership, Innovation and Change (CLIC) and raised multi-million dollar funding to initiate two research cells--SBI Cell for Public Leadership and Biocon Cell for Innovation Management in CLIC. Core themes for Prasad's research are wisdom leadership, Indian models of innovation and leadership, affordable innovation, transformational leadership and mental models. He was a Smith Richardson Visiting Fellow at Center for Creative Leadership between 2010-2011 and is currently an advisor to Business FAC of Fetzer Institute. Prasad taught executive education programs organized by INSEAD, LBS, Tuck and IIM Bangalore in addition to ISB.
Prasad has been an advisor and coach focusing on innovation and leadership since 1990 for about 120 C-level executives in Global Fortune 500 companies. Clients included Adobe, Boeing, Disney, Johnson & Johnson, Maxim and Oracle as well as global/entrepreneurial companies like Aztec, Advanta, BAE Systems, Lunar Design, Mastek, Olixir, Polaris, State Bank of India and Scintera Networks. The purpose of Prasad's innovation/leadership coaching is to ignite the genius within individuals. Prasad's unique competence is in helping his clients find their next significant step and take it. He found that unless he helps clients to examine their signature strengths that have turned into "core incompetence" and kept them stuck, it is difficult to ignite and channel their creativity to come up with innovative decisions, products, and services. He assists clients in becoming effective in managing people as well as oneself (personal mastery), getting reenergized and building new capacities, and taking more risks, in addition to innovative and strategic decisions.
Prasad co-founded the Entrepreneur Institute for TiE in the Silicon Valley in 2002 to assist entrepreneurs develop soft skills and connect, engage and co-create effectively with others in the ecosystem. Over 13,000 entrepreneurs have gone through TiE Institute programs. He is a part-time faculty member at the Saybrook University and works with students in the areas of creativity and innovation, transformational learning and leadership. Prasad is/was on the board of directors/trustees for International Leadership Association, Marico Innovation Foundation, Samskruta Bharati US, Integral Leadership Review, Lead India 2020, Society for Organizational Learning (SoL), Aankhen, Turning Point Global, Intertec Communications, Hindu University of North America, and Catalyst.
In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)

[@RD-kj7bb]

What you need is Product Market Fit. ...... meaning people are will to pay you a price that covers your costs and gives you a profit.......... You need these 5 things at a minimum: Skills: Sales Skills, Marketing Skills, Management Skills Time: You need free time to build your business Money: Yes, you need money to pay your bills while your building your business Knowledge : You need Market & Competition knowledge PMF: Product Market Fit, without it the above don't really matter Hope this helps......

[@GAURAV25855ify]

You r absolutely right

[@rahelabdul181]

provide the best customer service. a good quality product and consistent. reasonable price targeting broader market. spend less on unnecessary management parties. treat staff fairly for better productivity. market product accordingly. believe in your product. there you go for free.

[@dilipsaraftopcoach]

A good talk to re-visit often and remind yourself of these basics. Good job, Prasad!

[@pranalimendhe1654]

Endurikr

[@vijaykhe]

Great talk, I have lot of take away. Thank You Prasad garu.

[@phillipntimane3495]

feels great to have people with such passion to share wisdom en insight with us in this journey of entrepreneurship of which most us are mislead.

[@danfloros4267]

very simple...convert a prospect into a customer and then into a client

[@sabeenbatool2609]

🙂

[@AlanCantor]

Prasad, Thank you for your insight.

[@jadams2212]

Wonderful Prasad! You always amaze me!

[@anandchandrasekar]

An insightful talk. Your point about oxymorons is indeed true. Thanks.

[@editionnepal]

Thank you sir!

[@bhanusinghal1918]

Can anyone help me better understand what he meant by point number 9: foot nailed to the floor?

[@sarazohar4923]

Outstanding talk. Intellectual and researched on a personal front

[@nizamudeen7543]

Some how his words don't have long term foresight.... for Netflix has scaled up heights

[@ayanacharya9747]

I would like to point out that at 7:51 Steve Job's quote and picture has Jack Ma's name. That presentation needs a revision.

[@weofferhighqualitycattheme4325]

Some thoughts of this talk might be useful many entrepreneurs!

[@whendidyoutubeaddhandles]

The statistic of 1 in 10 businesses surviving is true. In the US atleast, the survival rate is 50% for the first 5 years, which drops to about 33% after 10 but has a lot of vatiation depending on the specific industry at hand.

[@spp3174]

Very well articulated . Would like to hear more from you ...

[@v1.61]

ahhh you're just saying that because you have the same last name

[@vivianjosephthomas6216]

Services that are profitable can also form most successful startups in future.

[@angelchibanga2636]

I am gem cutter and i deal with semi gemstones cut and polished, what can I do to make my business successfully?

[@eyecareinstituteslk]

LOT GOOD INFORMATION THKS

[@revive1900]

Old but gold

[@me54263]

Very well put!!!

[@potroputinfotainment4208]

So inspirational. Enjoy it. Thanks.

[@ayoitslakz]

loved it

[@AmitBarua]

very well said.

[@glwaj4259]

So embrace the uncertainty. Because uncertainty also is a uncertainty.That means any positive thing is possible.

[@rakshitashharma5282]

Very realistic!!! I could relate to many things you spoke about. Very well articulated !

[@rpaulsingh1]

Very well done Prada’s

[@manav3071]

Anyone watching in 2019?

[@sabeenbatool2609]

✋

[@sisilychacko3006]

Me too🙋‍♀️

[@yashas21]

yep

[@venkatdevarapalli2709]

Yes. Today. 3 rd Oct 2019

[@vikranthkanumuru8900]

5th oct

[@nthabisengkgafela652]

Very insightful

[@serge-alainkouakou9191]

great thanks. I have learnt a lot!

[@mattahjakin2603]

best advice i have ever heard

[@mohammadazaruddinkamangar8603]

ನಮ್ಮ ಹೆಮ್ಮೆಯ ಹುಬ್ಬಳ್ಳಿ(Hubballi) , ಕರ್ನಾಟಕ (Karnataka). Hubballi is second largest city in Karnataka after Bengaluru. ಪ್ರಸಾದ್ ಕೈಪಾ(Prasad kaipa)

[@tahirsayed3520]

Thanks a million sir

[@zanzibarlhlifehostel5086]

Good speach and great respect to the speaker. Disappointed how it is presented. Looks like a bluescreen, not according to ted standards like showing the audiance, quality in display or sound quality. Sounds like a bathroom without any people in it and im almost sure it is something like this. Nothing but the quality of the speach in some parts speaks for a ted talk. WHat happened there?

[@rpaulsingh1]

Very well Prasad. Sorry for auto spell mistake in my last message

[@nonchalantd]

This was a great talk worth the 20 min.

[@piyalidutta6462]

Very useful

[@shihtzuexpert3142]

is the speaker himself a successful entrepreneur?

[@GAURAV25855ify]

He would have to be.

[@Srkallepalli]

Very nice 👍

[@sawaria123]

Bit like academic stuff. Quite useful.

[@DmitriRuwan]

Icon ❤️❤️❤️

[@hikodzu]

👍

[@SaravananOrg]

This is sad. Particularly for someone who is in the middle of things.

[@yogeshthite]

Assuming it was you who was in middle of something 5 years ago. How did it turn out? Was this video relevant?

[@noushiiii5138]

👌👌👌💐💐🙏🤝❤️👍

[@awesomedjman409]

I've just watched about 30 Ted talks- I'm losing my patience

[@parthdode1181]

Simon Sinek said it better, like the whole thing , he said it better than this guy.

[@pardeeptandon6730]

The answer is fate and your past Karams

[@GopalanSampath]

Lot of jugglery of words cleverly disguised repetition, overlapping but conflicting concepts. In Bay Area that is the winning albeit, deceiving style! If you are lucky to see big money people will listen and a few will clap and adore you! Mark my words , lady luck decides ultimately or King Lear will get you there😉

[@arindammalakar1565]

Art of meaning nothing.

[@erikjohansen9154]

cannot stand the accent sorry

[@rajkumarreddysura]

Sameer bhatia