Episode 21: Entrepreneurship

The topic of Entrepreneurship today draws visuals of Unicorns, Valuations and Market Capitalization. Entrepreneurship is none of this. It is about abstracting an idea for a Life Solution. For example, the Subject of Healthcare would branch into Well-being and Medicine as Themes in which there are multiple Topics for each theme to be addressed. Both the themes will break down to Physical, Mental, or Psychological Health at the highest level as Topics. Impact, Relevance and Connection are the Cornerstone of how an Entrepreneur Visualizes a Solution. The Plug n Play of Applications from these Solutions must be seen as a fusion of Data, Talent, Materials, Capital and Infrastructure that delivers the Applications in a Personalized Manner to Segments and Cohorts of Customers; not decided by Sales & Marketing but rather the Value in People’s Lives. Personalization in Industries today is the Visualization of how not to Exploit a Customer in their Vulnerable State but rather Empower them in their Life Journey. Entrepreneurship is all about making this switch that will be relevant in the future.

 

We have come to this stage on the Planet when a few Privileged and Rich imagined Products and Services and Industrialized them for Profits. This is hurting and threatening the very existence on the Planet. The advancement of Digital Technologies and the Connectivity of Internet however provides great hope for the Planet to reverse this trend by delivering to the aspirations of millions who have yet not been included and compromised in this Cannibalized System.

 

Greg Pass, Professor of Practice at Cornell Tech has an interesting title of Chief Entrepreneurial Officer for Developing Pioneering Leaders and Technologies for the digital age. He champions the 4C’s as essential for an Entrepreneur; Curiosity, Commitment, Creativity and Confidence. The first two are related to Design Thinking or Design Learning as we prefer to call it from hereon at Giggr Technologies. The latter two are related to Design where Creativity and Confidence is applied to delivering Maximum & Not Minimum Viable Product & Services.

 

We are at a Strategic Inflection Point (SIP) on the Planet. There is need for Clarity on the Path of Progress to Pursue. For the Creator Economy to succeed we must move the needle from Memory based Information Processing to Realtime Data Based Computing.

 

The past generations were burdened by the Memory of World Wars, Colonialism, Slavery, Economic Depravation and Social Inequities. Therefore their approach to life prioritized with Personal Security is justified to a large extent. But the Gen A (08 - 18) and Gen Z (18 - 25) who are the Future of Everything on this Planet have no such baggage of Memory to carry. They have the freedom to Create without the Constraints of Instructional Consumption. Artificial Intelligence should not be allowed conception from Synthetic Data and Universal Data. It must driven by Cognitive Intelligence that is Experientially Macro and Micro Learning; drawn personalized data driven by data autonomy.

 

The Entrepreneurial focus should be on the process of Conceptualizing and Engineering Solutions. The Cascading Personalization / Industrialization and Commercialization of Products & Services will be much more effective and efficient. At Giggr Technologies, we see this as a Mechanism in the Pursuit of Excellence for Individuals, Industries and Institutions.

 

In this episode, we feature 29-Year-Old Azaan Feroze Sait, who identifies himself as Founder, Creator and Community Builder at Hubverse. He graduated from  USC Marshall School of Business in 2015 and has since been involved in Curating his Entrepreneurial Spirit. Coming from a traditional old economy business family that has been into Real Estate and Retail, he has chartered his own course. He has been one of the first to set up a co-working space in Bengaluru visualized as a Community rather than just a workspace. The Theme of Community has helped him visualize and participate in Media, Communications Food Enterprises and other areas of Life with admirable felicity. He espouses causes in Animal Welfare, Children, Economic Empowerment, Education, Environment and Art & Culture and is clearly a role model inspiring and involving a workforce average age of 25 who work with him Experimenting with Empowerment to Create.