PASSION FRAMEWORK – 5 years

It is just a matter of few days from now, it would complete 5 years.
The focus of this blog has been to provide entrepreneurship life cycle insights through stories, poems and thoughts. The blog is cent percent original and unique as till date no one has ever experimented narrating stories through entrepreneurship theories.

Am moving ahead with more improvements in narration and most importantly am focusing on active research on 28 process areas spread across 7 Dimensions of PASSION FRAMEWORK

Probing
Innovation
Acting
Scoping
Setting
Owning
Nurturing

Over 50 top CEOs and individuals from premier institutes have seconded to contribute to the research.

failed ventures

failed ventures are ones which has issues around cash flows, entrepreneur, conflicts and multiple reasons could exist for same.

Donald has a penchant to take over failed ventures and turn it around…  he has his latest call for all failed ventures..

Amy ”this is serious disruptive.. from where you got this idea”

Donald ”PASSION FRAMEWORK… one of its research is on not why ventures fail but to understand what it will take to bring it to success”

Amy ”cool”

Donald ”i had experienced huge failure in life.. almost bankrupt but with few of my sites.. with no taker.. and then in 2015.. i saw this blog PASSION FRAMEWORK.. and got into retrospect and felt from the multiple sites i created.. somewhere or other it failed due to either PROBING or INNOVATING or SCOPING or SETTING or OWNING or NURTURING or ACTING dimensions..

Now what it taught me is to identify a fresh face to the grave yard duck (the site built) and bring a fresh operational perspective.. and soon one of my site started gaining traffic”

Amy ”so what next?”

Donald ”just spreading this messsage to all.. that failed ventures with fresh perspective can also make a turnaround”

Future Peeps

If anyone decided to start a venture to preserve history of locations.. pat came an answer from investors ‘wikipedia is beautifully doing so’

another investor ‘facebook etc too can preserve personal history’

investor Arif ‘what is so special about your venture?’

startup founder Jose ‘it gives you correlation of your past with present and future.. a karmic influencer and through virtual reality takes you into whichever location you chose to and whichever attire you choose too excluding only dialog delivery… so next time you choose to romance your favorite movie star.. you can indeed do that through this tool’

Samuel the investor is shocked with this

Samuel ‘this is innovation for sure.. am willing to invest 5M$ in this immediately’

Jose ‘one minute…

Jose configures Samuel and other investors personality traits and puts locale as ‘Fiji island’

Samuel ‘wow.. we are discussing about your venture now in Fiji’

Jose ‘please continue conversations as it is and keep viewing your actions there’

Samuel ‘I only wonder how come you showed us in those half pants interacting and even showed us having good bodies like film stars’

Jose ‘Sir.. we need 20M$ for this’

All investors agree and project gets funded

 

Wake up Startups

http://yourstory.com/2016/01/startup-india-action-plan-eligible/

Interesting graphic view by yourstory.

PASSION FRAMEWORK views on this
1) PASSION the only original accelerator concept in globe started in 1996. I got similar setback as was not sure of any schemes, and was sort of novice entrepreneur. Many opportunities would come from corporate managers wanting their row houses to be converted to training centers. I never knew what am getting too but was determined to build an eco system of profit sharing.. where each role gets an equity..

2) Landed into deep problems and got into scaling a company to a big size and again found entrepreneurs really trying to get more gains for business but employees may be paid handsome salaries but finally the spirit of entrepreneurship or innovation dies off. It is killed and soon we find Maslow Theory at work where creative folks start looking at social outlets in form of Angel Network and so on..

3) Now comes the investors.. in all fair sense they invest so they do need a huge ROI.. but then when I studied the entire eco system, realized unless we have a big brand blessings, poor roadside entrepreneur will remain poor only.. or once they become rich, will be surrounded by bankers, investors to be part of some angel forum etc.

4) An entrepreneur grows self to sell self.. penned by me.. is the reality of how we fail to make strong foundations, strong institutes and there are may be a handful not because of the present bred entrepreneur’s patience but because their forefathers struggled, made a platform, base and finally after everything available in platter, the entrepreneurs could flourish business further.. but where is the patience or perseverance left to really groom talents.. We have just a test performance score.. a day match and if the sportsman or entrepreneur fails.. gone is the time..

5) Women entrepreneur encouragement exists but where is that zeal and enthusiasm to be hard core professional without support of family and beloved..

6) Why do we need to make so much hype for something which in reality is common sense requirement.. a structure of space given to individuals to build business on an equity or price.. I advocated always since 1996 we really do not need space at all.. but free space of mind where individuals can think.. could be in forest or in nature or anywhere under sun and come up with idea and work together provided all know their strengths and weaknesses and understand equity compositions.

7) Do we really feel mentors and advisors at 0.2percent equity of whatsoever will really in right ernest groom entrepreneurs? they will but with being in their own company, comfort horizon and they may just be some small brand in the higher valuation business game of entrepreneurship.

I am an entertainer who focuses on story format to explain entrepreneurs the entire gamut of entrepreneurship.

We need to awaken self and realize that we really do not need to go to any investor or incubator if quality of services missing..
Just go to customers.. solve their problems.. sell like not a grocery shop but like a poor kid who is running in scorching heat selling water, selling toys, selling perfumes and what not in traffic signals risking life too.

Unless aggressive marketing approach not taken, no startup can really be able to build foundation.. they may be scaling ventures up, but finally boss they will need to exit, sell and move into those foundation organizations already built by some serious fore father visioners who struggled to build things for not money only but to build a society vibrant with employment and entrepreneur eco system.. so what if politics emerged then.. still focus was clear.. to build nation.. to build strong economy.

PASSIONIT Entrepreneurship Meetup

Pune, IN
333 PASSIONIT COMBINATORS

We invite mentors and entrepreneurs who wish to share their insights / knowledge to budding entrepreneurs in all walks of life (IT, Clean Energy, Hospitality, Social Work, Ele…

Check out this Meetup Group →

Share with your friends, share with anyone who wishes to be really serving cause of entrepreneurship.
Am not the big wig money investor nor a most happening company nor anything..
Am only providing a framework.. a framework for entrepreneur success. for human success.
Even if one dimension fails.. entrepreneur crashes..
In this case study..
Acting, Scoping and Setting itself is challenging..
Probing anyone can do
Innovation anyone can do
But the midlevel principles gives opportunity for corruption.

Will I get investments? god knows when? 20 years of research and have built a foundation literally.. no need of hype, no need of money too in long run..
All can become successful if they realize that greed alone cannot help build foundation or need too cannot help foundation.. but what is needed is serious commitment and right strategy without vested interests to grow business.

Having said this, any government body works under stringent environment of optimizing infrastructure needs, so they could be right in their own way and it is infact good that such initiatives are happening in developing countries.
The leadership shows a vision, mission but implementation needs toughness, it needs determination.. it needs monitoring and it needs results.

StartUp

Mike is researching on startups and finds it amusing that so many folks are investing left right and center for ideas…
Mike who has also been an ace technology architect and was involved in product development never understood how Ideation itself can reap in so much benefit..

Mike is besides his wife Ruby who has 3 daughters from her first marriage and with Mike a boy and girl.. So it is a family of 6

Ruby ‘I will want at least one of my daughter to be entrepreneur’

Mike smiles..

Mike ‘may be they wish to be employee like you do’

Ruby ‘tell me.. why do I fear to not start on my own?’

Mike ‘risk averseness.’

Ruby ‘do you feel startups will succeed in long run?’

Mike ‘only 1%.. now what is the formulae to improve it to 5%’

Ruby ‘what?’

Mike ‘try to see all the kids do not fight among themselves and have appetite to listen, learn and implement the learning’

Ruby ‘Soham our son is too mischievous.. I doubt if he will ever listen to all’

Mike ‘engage him with things which he loves’

Ruby ‘he loves bicycles’

Míke ‘just ask him to assemble one.. write a story around it.. dream wish list’

Ruby ‘then..’

Mike ‘ask him to note the budgets’

Ruby ‘then..’

Mike ‘ask him to make a 3 minute pitch story and present to me’

Ruby ‘then?’

Mike ‘I will fund him for 1st two activities and let us see if he succeeds’

Ruby ‘what is this all about?’

Mike ‘am a 1% investor focused only on business MVP tests.. so am experimenting with my son and then all 4 daughters.. if they are able to do what they wrote.. I think all will become successful entrepreneurs one day’

Ruby ‘how this word startup came?’

Mike ‘Acting on an objective.. is what Startup is all about.. Acting dimension is the 3rd important dimensions in PASSION FRAMEWORK.. An action leads to motions and Startups is all about having right kind of motions, notions proved and tested for investors to invest further’

Ruby ‘thanks for adopting my kids too dear.. I remember you just accepted all without fuss’

Mike ‘Adopting someone else’s baby is what Startup Mentors need to realize and Adapting someone else’s acumen to grow business is what Startup Entrepreneurs should learn’

Ruby hugs Mike..

Ruby ‘hope you find me a learning student always’

Mike ‘you have not yet become entrepreneur so you will always remain student’

Complimentary Startups Incubators and Accelerators

Complimentary Startup Incubator is a space where the Incubation Head believes in only using SIPOC as a criteria to incubate startups. It will house 2 companies in each of dimension

Supplier – Input – Process – Output – Customer and will also have an auditing team included as potential process startup company

How does this model work and will it really reap in benefit?

The model is similar to any accelerator initiative but is focused to a theme. An annual theme planned out..

Does it mean that the incubator can maximum take only 20 startups?

Quality of an incubator or accelerator suffers if we have too many startups being mentored and scaled up simultaneously. What is important is the incubator success. Successful exits.. Successful team building.. Successful traction.

Theme based incubation will succeed in long run if they strategize a SIPOC model and scale all the startups within the SIPOC model.

PASSION FRAMEWORK focuses on Probing-Innovating-Acting-Scoping-Setting-Owning and Nurturing Dimensions and the research is too deep as it also includes 28 dimensions needed for strengthening Incubator / Accelerator and Entrepreneur Eco System. Evolved by me.. it keeps getting better.. The blog has 98 country viewership which explains entrepreneurship using stories and poems as Entrepreneurship needs to connect to people.. their inner soul and to make a person realize what best suits him or her.

SIPOC fits into PASSION FRAMEWORK in each of its dimensions

Enjoy the age old SIPOC and ETVX (Entry Criteria – Task – Validation Criteria – Exit Criteria) as a evaluation tool to select entrepreneurs and plan their success validations and exits.

Complimentary Startup Incubators will grow over period of time as it will be a chaos to have similar startups being incubated / accelerated by incubation centers with a theory ‘let best one win?’ as Startup grooming is about scaling and building operations and let the similar startups be acquired, taken over or moved towards complimentary goals to ensure all startups succeed or at least taste success. Marketing such theme based incubator accelerator eco-system becomes easier.

Will be happy to interact with incubator, accelerators, mentors, advisor’s and investors to get more inputs and suggestions

STARTUP COUNTRY

STARTUP COUNTRY

I GO TO BANK AND FIND I NEED TO MORTGAGE TO START AN INITIATIVE

I GO TO MONEY LENDER FIND I NEED TO PAY 5-10% INTEREST PER MONTH

I TRY TO SWIPE CREDIT CARD AND FIND IT IS A 3% INTEREST PER MONTH AND A PENALTY FINE FOR DELAYS

TIRED

I GO TO ANGEL INVESTOR, ONLY TO FIND THEY TOO FOCUSED ON CONSUMER CENTRIC TRAFFIC

I GO TO VENTURE CAPITALIST AND THEY LOOK AT ME FROM HEAD TO TOE AND ASK ME ‘ARE YOU KIDDING.. GO AND BUILD TRACTION AND THEN COME’

I GO TO MY FRIENDS AND RELATIVES.. AND FIND THEM ADVISING ME ‘PLEASE TAKE JOB’

I GO TO MY BELOVED AND SHE SAYS ‘OK ONLY FOR 3 MONTHS OK.. I WILL ALSO GIVE YOU 5000US$, HOPE YOU MARRY ME.. ELSE ALL MY SAVINGS GONE.. OR IS IT POSSIBLE FOR YOU TO SIGN AN AGREEMENT THAT YOU WILL MARRY ONLY ME AND NO ONE ELSE’ AND YES AFTER 3 MONTHS IF YOU FAIL.. PLEASE TAKE A JOB

TIRED

I READ NEWSPAPER

WOW SO MANY MAKE MONEY THROUGH STARTUP… WHAT IS THE MAGICAL WAY

IS IT ACCELERATOR? IS IT ANGELS? IS IT IMITATION? IS IT INFLUENCE? OR IS IT REPUTED BRAND EDUCATION?

A BANK OFFICIAL COMES AND REMINDS ME OF AN OUTSTANDING LOAN AND CAUTIONS A NOTICE WOULD BE SENT.

I SIGH AND LOOK AT A GREAT SPEECH ON ENTREPRENEURSHIP AND PEN A THOUGHT

‘NECESSITY IS MOTHER OF INVENTION’

Till the time Angel Investors and Venture Capitalists don’t have courage to even back change enablers in the country. Till we get carried away with making big mega bucks and ponder what will anyone do with so much wealth? Till the time the leaders don’t get into grass root problems and plights of budding entrepreneur in every nook and corner of cities and villages who struggle.. How anyone dreams of a Silicon Valley

A big shake up needed.. A big revolution…

Joy the writer of this post is a fictitious name. PASSION FRAMEWORK  talks on a fundamental concept

“Each theory needs mid level principles’

Unless the country does not focus on those mid level principles of ACTING – SCOPING – SETTING

there will be ownership and nurturing happening to only successful ventures.

Why does an Entrepreneur Fail?

Lack of finance, wrong scoping, wrong setting or even incorrect action.

So hope this message passed to each individual who wishes to start something of own and rely on their own instincts own vision and own mission and get going.

Don’t aim for multiplier growths. Manage to sustain self with neat profit. Am sure all investors will begin looking at you eventually.