A reliable team is the key to a successful business (VIDEO)
Antonia Parapanova, CEO at Amaze Corporate Events and Co-Founder at Amaze-INK Advertising, has spoken at the International Summer Campus. The participants were delighted to attend a lecture on The Skillset of Modern Entrepreneur from one of the Campus moderators.
There are a number of reasons why people want to become entrepreneurs. According to Antonia Parapanova, some of them are to make a lot of money, to become independent, to control decision-making, or to be the one to form the team to start a business with.
According to the speaker, becoming a successful entrepreneur takes a lot of hard work. She cited the example of the United States, where office workers work 47 hours per week on average, and entrepreneurs, 66. When asked how to start a business, Antonia Parapanova said the most important thing is to have people you can trust around.
According to her statistics, when starting their own business, 82% of respondents rely on themselves; 41% take out a loan for a startup; 24% partner with friends or family members; and 3% use crowdfunding.
There are several types of entrepreneurship. The first type involves large-scale ideas implemented with venture capital or “business angels.” The second type includes associations with teams that have capital. People who have independently established their own business are the third type.
The first thing to do if you want to start your own business is to focus on the choice you’ve made and your product, the speaker said. It is necessary to sign an agreement for two years so that you have a guaranteed volume of production, and build a good team.
It is really important to be competent in the chosen area, because only in this way can a person make the right decisions and attain success, Antonia Parapanova stressed. It is necessary to take into account the experience of other people to avoid their mistakes, but not be afraid to make your own. The expert recommended thinking every day about how and what can be improved in your team’s work.
The participants asked Antonia Parapanova many questions. The speaker noted how versatile all the students were and answered their questions gladly.
The International Summer Campus of the Russian Presidential Academy of National Economy and Public Administration (RANEPA) is a unique annual educational project for best students of Russian and foreign universities. The Campus curriculum comprises lectures and interactive sessions with leading Russian and foreign academics, government employees and world-class business executives. RANEPA Rector Vladimir Mau, leading Russian and foreign experts, Russian and foreign business leaders, high-ranking officials and civil servants will traditionally speak at the Summer Campus.
The organizers of RANEPA Summer Campus include RANEPA, the Republic of Tatarstan, and the Association of Innovative Regions of Russia.
General partner: The Сoca-Cola Company; Partner: ACIG Group of Companies.
Official information partner: TASS. Campus news agency: Interfax. Strategic partner: RIA Federalpress. Main information partner: Polit.Ru. Campus magazine: Profile. Campus internet media: Invest Foresight. Leading information partner: RNS. Main regional information partner: Realnoye Vremya online newspaper. Campus TV: Tatarstan State TV and Radio Company. Information partners: Parlamentskaya gazeta, Komsomolskaya Pravda Kazan newspaper, Strategia magazine, TatCenter.ru, Efir 24, InKazan, KazanFirst, and Public Administration journal.