BUSI 2800 ENTREPRENEURSHIP

Background Entrepreneurship is in my blood – first business @ age 11 Competitive upbringing – Ravens basketball Started Extreme Entertainment @ 22 Co-founded WebMarketers @ 23 Combined fiscal revenue targets are 2.2 million

The Non-Traditional Job Market PPC Strategist (45-120K+) SEO, Content Management (45-80K) Social Media Manager (40-60K) Inbound Marketing Strategist (50-120K) Automation/Workflow Design (60K+) IT Security (70-150K) Communications (55-80K)

The Non-Traditional Job Market UI Developer (45-100K) Sales, “Growth Hacking” (45-250K+) Recruiting (40-120K) UX Design (50-120K) Data Mining (60K+) Director Level Reporting (70-100K) Branding/Storytelling (45-80K)

Bridging the Gap to Making $$ Class Size? By Show of Hands: Who’s going to be “successful”? Tell me why/how… And again… Make the choice For The Right Reason

What is the Right Reason? PASSION – and a shit ton of it It determines everything Makes your past irrelevant and shapes your future Couple familiar examples of True Passion

2 Types of Business Owners “I’m Self Employed” Small team Compensation directly correlated to hours worked The “True Business Owner” Makes jobs solving real problems System & process orientated for scaling Revenue is not tied to hours worked But you work harder than anyone else anyways

7 Keys to Success Nobody’s perfect, but you should ensure you’re of the mentality that everybody has the ability to teach you SOMETHING

Key # 1 Just Start – follow your passion Your passion is what you fall asleep thinking about Endless “painless” hours of hard work

Key # 2 Make a commitment to lifelong learning It never stops – follow the Malcolm Gladwell principal that it takes 10,000 hours to master a skill

Key # 3 Stop thinking about money – focus on others Generating business ideas by solving problems is the foundation to getting started Give and then you will Get

Key # 4 Fill your toolbox with lots of tools Absorb everything, and keep good documentation It’s all about efficiency in the long run Your battling time more than anything

Key # 5 Connect & Reflect The best opportunities arise when you least expect The best networking happens when the event isn’t labeled as a “networking event”

Key # 6 Start selling & put more money to work early It will transform your growth rates Easy to do: Kickstarter, pre-sales, incubators, grants & competitions Bootstrap Example of “smart” online marketing I want to hear from you guys Who has the best business idea – Sell me!

Key # 7 EXECUTION This is what separates the true winners from everyone else 1% Idea, 10% planning & 89% getting shit done  Be strategic, don’t tread water Start with the end goal and work backwards You’ll be surprised how powerful this is There’s no Eureka moment, but tons of satisfaction

Key Takeaways Passion Sales Execution If you know you will be successful, you really will!

PASSION, PASSION, PASSION Presentation Copy Online - kylesmendziuk.com personal@kylesmendziuk.com 613-697-5313 PASSION, PASSION, PASSION