The 10 Most Important Things To Consider Before You Start A Business

By Darpan Sachdeva

wow-space-startup-business-questions

When you start a new business for the very first time it can be  pretty overwhelming and tiring  Especially when you know the fact that 8 out of 10 businesses fail.

There are usually many  reasons why failure of start ups takes place but one of the main culprits is “Bad Planning” and “Unanswered Questions Before Launch”. That’s why it is a great idea to get the main concerns answered so that you can lower the risk of failure and prepare for business success.

A DocStoc speaker who has worked with 100′s of startup entrepreneurs, shares his advice for The Top 10 Questions To Consider When Starting A Business.

This is a straight forward video and I believe it is essential to watch this before launching your first startup.

10 Questions You Need To Answer Before Launching Your Startup

Blog Photo   Darpan Sachdeva is the CEO and Founder of                                               Nobelthoughts.com With a long time passion for Entrepreneurship, Self development & Success, Darpan started his website with the intention of educating and inspiring like minded people all over the world to always strive for success no matter what their circumstances.To keep going and never get disheartened and learn from every adversity.

 

Living On the Edge: Why Risk Equals a Well-Lived Life (Inspirational Video)

“Being out on the edge, with everything at risk, is where you learn and grow the most.” – Jim Whittaker, first American to summit Mt. Everest.

 

 

It’s been 50 years since the first American climbed almighty Everest.

And to celebrate this historic achievement, here’s a beautiful 4-minute video – showcasing exactly why you need to take risks in order to achieve greatness in your life.

We love the comparisons Jim Whittaker draws between nature and life, how about you?

 

 

 

 

(Video) Serious Advice For Young Entrepreneurs

By Darpan Sachdeva

Young Entrepreneurs Advice For Teens and Success

So you are young and hungry, and you want to be a successful entrepreneur? But where do you start?

We believe that to become a great entrepreneur, no matter what age you are, you must be taken seriously. So the good folks at “People Helping People” linked up with a handful of successful entrepreneurs to find out how they became great entrepreneurs.

If you are young and striving to be an entrepreneur, this advice could save you a lot of headaches on your journey to entrepreneurial success.

Advice for Young Entrepreneurs: How to Be Taken Seriously

Although this advice may be simple to some, the advice shared is something that is a must know for any up and coming entrepreneurs.

 

Blog Photo   Darpan Sachdeva is the CEO and Founder of                                               Nobelthoughts.com With a long time passion for Entrepreneurship, Self development & Success, Darpan started his website with the intention of educating and inspiring like minded people all over the world to always strive for success no matter what their circumstances.To keep going and never get disheartened and learn from every adversity.

Elon Musk Gives Tesla’s Patents to Open Source Movement

Bt_elon_musk_final

In an exciting development for electric cars, Elon Musk, the C.E.O. of Tesla Motors, has announced on the company’s blog that he’s making all of Telsa’s patents public in the spirit of innovation.

Musk writes:

Yesterday, there was a wall of Tesla patents in the lobby of our Palo Alto headquarters. That is no longer the case. They have been removed, in the spirit of the open source movement, for the advancement of electric vehicle technology.

Tesla Motors was created to accelerate the advent of sustainable transport. If we clear a path to the creation of compelling electric vehicles, but then lay intellectual property landmines behind us to inhibit others, we are acting in a manner contrary to that goal. Tesla will not initiate patent lawsuits against anyone who, in good faith, wants to use our technology.

His other motivation is climate change:

(Video) Bill Gates & His 11 Tips For Success You Will Never Learn In School

By  Darpan Sachdeva
Bill Gates
 

One of the greatest role models of business in this day and age would have to be the founder of Microsoft “Bill Gates“. If he is not battling it out with Warren Buffet or Carlos Slim on the “Forbes Top 100 Richest Men In the World” list, he is travelling the world with his wife Melinda Gates donating his billions to charity, being an active philanthropist.

Bill Gates confesses he was a last minute guy when it came to handing things in at school at never really took study & business seriously until his company Microsoft found its legs. In this postBill Gates shares with us his Top 11 tips for Success that you will never learn in school, only in the real world and life experiences.

Bill Gates 11 Tips For Success You Will Never Learn In School:

1: Life is not fair – get used to it!

2: The world will expect you to accomplish something BEFORE you feel good about yourself.

3: You will NOT make $90,000 a year right out of high school.

4: If you think your teacher is tough, wait till you get a boss.

5: Flipping burgers is not beneath your dignity. Your grandparents had a different word for burger flipping: opportunity.

6: If you mess up, it’s not your parents’ fault, so don’t whine about your mistakes – learn from them.

7: Before you were born, your parents weren’t as boring as they are now. They got that way from paying your bills and listening to you talk about how cool you are.

8: Your school may have done away with winners and losers, but life HAS NOT.

9: Life is not divided into terms. You don’t get summers off, and very few employers are interested in helping you “find yourself”. Do that in your own time.

10: TV is not real life. In real life, people have to leave the coffee shop and go to jobs..

11: Be nice to nerds. Chances are you’ll end up working for one!

 

WARREN BUFFETT AND BILL GATES GO BACK TO SCHOOL:

 

 

Bonus – Warren Buffets Advice:

Have the right Heroes, the people you look upto will help form who you are to become later in life. – Warren Buffett

Invest in as much of yourself as you can, you are your own biggest asset by far. - Warren Buffett

Have your own Passion, follow it, dont take a job if you don’t like it. - Warren Buffett

 

Blog Photo    Darpan Sachdeva is the CEO and Founder of                                               Nobelthoughts.com With a long time passion for Entrepreneurship, Self development & Success, Darpan started his website with the intention of educating and inspiring like minded people all over the world to always strive for success no matter what their circumstances.To keep going and never get disheartened and learn from every adversity.

 

 

 

 

(Video) Sabeer Bhatia – The Successful Indian Multi-Millionaire Behind Hotmail.com

By   Darpan Sachdeva
Sabeer-Bhatia-Hotmail


More than 500 Million people worldwide have a Hotmail account for their email service. I have one and it’s very likely that at one point you had or still have one too! Have you ever stopped to think how Hotmail came to be? It’s a pretty interesting story actually…

“You have to give it a shot, it’s like a gamble, but you’ve got to take that chance.” These were the words of 27 year old Sabeer Bhatia. Sabeer was born in Chandigarh, India and is now a Multi – Millionaire Indian American entrepreneur. While he was at University, he was inspired by entrepreneurs such as Steve Jobs and Scott McNealy and decided he wanted to become one himself!

Sabeer Bhatia started working at a startup company called Firepower Systems Inc, where he spent 2 years. In 1994, he paired up with Jack Smith ( a colleague from Apple) and started working on new ideas. Together they developed the concept of a web based database named Javasoft which they started to pursue. While working on this idea, they realised the potential of another brilliant idea – A web based e-mail system. They decided to create one called HoTMaiL (the uppercase letters standing for HTML, language used to write a webpage) They wanted to make the service free in order to attract people and would obtain revenue through advertising on the website. Draper Fisher Ventures invested $300,000 into HoTMaiL and the service was officially launched on July 4th 1996.

In less than 6 months, Hotmail already had over 4 million subscribers and due to the continual growth and interest, Hotmail was sold to Microsoft in December 1997 for the sum of $400 million!!

Sabeer Bhatia has gone on to develop several systems and his future plans include the development of a new city in India called Nanocity with the aim of replicating the vibrancy and eco-system of innovation found in the Silicon Valley.

Sabeer Bhatia is an advocate and role model for Young Indians with a dream for success and has proven that with determination and a hunger to want the best for yourself pays off! Sabeer ventured into a project only to find inspiration for an email service that is known by people all over the world today – Hotmail!

Advice from Entrepreneur Sabeer Bhatia: ‘Provide the Same Value at a Cheaper Price’

 

Steve Jobs: The Most Important Life Lesson Of All

By Darpan Sachdeva

In this heartfelt speech by the late Steve Jobs, he describes how losing his company, and feeling like a public failure affected his outlook on life.

After having been fired from his own company, and done so very publicly, how was he able to start over after having being rejected, and what were the priceless life lessons he learned?

Watch this 4-minute clip to hear his story and final words of wisdom.

 

 

 

What I Wish I Had Known: 8 Entrepreneurs Share Their Startup Secrets

By Alex Espenson on May 7, 2014

Jeff-Bezos-Amazon-Startup-Advice

If you’ve ever tried to start your own company, then you know that some of the “advice” you get from friends, relatives, and even perfect strangers isn’t always all that valuable.

It can range from the simply unhelpful (“Don’t go out of business!”), to the impossible (“Give it everything you’ve got!”), to the downright dangerous (“No matter what happens, stick it out!”), but you can bet that once everyone has offered their two cents’ worth, you probably won’t be any closer to grasping that elusive secret of success. Of course, that all changes when you’re getting your advice from some of the most successful entrepreneurs in the world. These people know what they’re talking about, and they’re willing to share their wisdom with you. Yes, you. So get ready to be enlightened, because here are nine pieces of startup advice from people who actually know what they’re talking about.

Here are the 8 secrets of startup success from a handful of successful entrepreneurs.

 

What I Wish I Had Known

 

1. Jared Kim (Founder & CEO of Forge)

Jared Kim Startup Entrepreneur Success

 

 

 

 

Don’t burn out. Take care of yourself by getting 8 hours of sleep, eat healthy, and exercise. If you don’t take care of yourself, there’s no way you can take care of your company in the long-term.”

It may seem as though your new company is the most important thing in the world, but it isn’t. If you sacrifice your own health and happiness for the sake of your company, then you’ll just end up without happiness in either.

 

2. Leo Widrich (Co-founder of Buffer)

Leo Wildrich Startup Entrepreneur Success

 

 

 

 

It took me years to finally start saying no to things that would take me away from what really needed my attention. No to meetings. No to interviews, and no to extra projects (for extra money.) When I implemented my daily to-do lists my whole day/week/month changed. I would only accept opportunities if they could come after my to-dos were completed.”

Sometimes, as the founder of a new startup, it’s easy to overload yourself. When new responsibilities or opportunities come along, feel free to put them on your plate, but only if they don’t end up costing you time and energy that should be going towards more important issues.

 

3. Mark Otero (Founder & CEO of Klicknation)

Mark Otero Startup Entrepreneur Success

 

 

 

Know your weaknesses: Knowing your weaknesses is as important as knowing what your strengths are, and even more important as your company grows; hire or have co-founders who are great in areas where you are weak.”

Chances are you’re not an expert in every area where your business will require you to be an expert. Maybe you have problems with finances. Maybe you just don’t get marketing. Maybe the idea of schmoozing with investors makes your sweat through your suit. Well, that’s all OK, as long as you’re sure to hire people who fill in the gaps in your armor, as the Mark Otero, founder ofKlicknation, explains.

 

4. Todd Pedersen (Founder & CEO of Vivint)

Todd Pedersen Vivint Startup Entrepreneur Success

 

 

 

First, if you’re going to run a company, you have to provide the best service you possibly can for your customers. Second, you have to treat your employees like gold. And then three, everything else will work itself out.”

The secrets to building a successful company aren’t really secrets at all; you just give customers what they want and treat your employees well, like Todd Pedersen, CEO of Vivint, has said. Of course, just because it’s simple to say, it does not necessarily follow that it’s easy to implement.

 

5. Phineas Barnes (Partner at First Round Capital)

Phineas Barnes Startup Entrepreneur Success

 

 

 

Your choice of partners and investors should be thought of as permanent and are therefore the most important two decisions you make.”

Starting a business is a big commitment. In fact, if all goes well, then it may be a large part of your life for the rest of your life, as Phineas Barnes of First Round Capital explains. As such, you’ll want to be very careful about whom you include in your startup, because if you aren’t, you may end up having to deal with an imperfect fit for years—or even decades—to come.

 

6. Jeff Bezos (Founder & CEO of Amazon.com)

Jeff Bezos Startup Entrepreneur Success

 

 

 

I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not trying.”

For some reason, many of us have been conditioned to be more afraid of failure than we are of inaction. However, failure, in addition to being inherently valuable as a learning process, contains within it the chance of success. And no matter how small that chance is, it’s better than the chances of success when we choose not to even try.

 

7. Peter Berg (Founder of October Three)

Peter Berg Startup Entrepreneur Success

 

 

 

Be really picky with your hiring, and hire the absolute best people you possibly can. People are the most important component of almost every business, and attracting the best talent possible is going to make a huge difference.”

While CEO’s and founders, and the ideas on which their success is built, often get the spotlight when it comes to business, the truth is that it is the employees that actually breathe life into a company. Even the most innovative idea can wither and die without the right kind of support from a talented workforce, so give your hiring process the attention and time that it deserves.

 

8. Thomas Edison (Founder of General Electric)

Thomas Edison Startup Entrepreneur Success

 

 

 

 

The value of an idea lies in the using of it.”

You have an idea that will change the world? Well, it’s not worth anything unless you can turn that idea into a reality. So take the plunge and see just how far that idea can take you. Or, you can sit around trading advice over the internet.

The choice is yours.

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Alex is a self-employed business/technology writer and green enthusiast.

(Video) Kid President’s Letter To A New Born On How To Be Awesome In Life

-Darpan Sachdeva

Kid-President-Living-an-Awesome-life

Kid President shows not only young kids, but every other age group in this world how they can be awesome individuals. He is set out to inspire as many people as possible to be more positive, thoughtful and passionate about life.

He shares a world of wise words for such a young buck.

Kid President even goes on to say “There’s plenty of reasons to dance, you just gotta look for them“.

What a great example for the younger generation. Kid President, you are so wise and so inspiring to all.

Good on you!

Kid President’s Advice On How To Live An Amazing Life

“If there are two paths, I want to be on the one that leads to awesome” – Kid President

 Kid-President-Picture-Quote

 

 

 

 

 

Apple Goes Behind The Scenes Of Its New Spaceship Campus

Buster Hein (10:57 am PDT, Apr 21st)

applecampus2

Apple Goes Behind The Scenes Of Its New Spaceship Campus [Video]
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Buster Hein (10:57 am PDT, Apr 21st)
applecampus2
A video detailing the creation of Apple Campus 2 was released this morning featuring glimpses of the Spaceship’s architectural achievements in natural ventilation, renewable energy, trees regrowth, and other revolutionary tech that’s will make it one of the best office buildings in the world.
The video also features interviews of the people behind the campus, like architect Norman Foster, who tells the story of how Steve Jobs recruited him for the job of building Apple Campus 2 and how the project didn’t start as a circular building but grew into that as the intensive project progressed.
Check out the video below, before Apple takes it down:

http://www.youtube.com/watch?v=YBGx57T0IWM